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Oscars Betting Odds

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While it may have been a slightly stale year for movies due to “unforeseen circumstances,” the 93rd Annual Academy Awards (more commonly referred to as the Oscars) is still due to make its yearly appearance, this time being televised on the 25th of April 2021. Despite the overall lack of films this year and the inability to release new ones into theatres just yet due to the ongoing pandemic, the 2021 Oscars is still sure to be an event that is worth your time and, if you’re a betting man, your money. Every year, the Oscar odds are usually pretty great, often being the best form of special or novelty betting on many online sportsbook sites. In this article about Oscars betting, we will be covering the following topics:
  • Where you can bet on the Oscars.
  • Which operator has the best Academy Awards odds.
  • How you place an Oscars bet.

The Best Oscars Betting Sites

Generally speaking, online betting on the Oscars can be done in various ways on a variety of platforms. If they don’t already, the vast majority of online bookmakers will have some form of Oscars betting options available nearer the event. Many online bookies will only offer a few betting options, such as the classic Best Picture nominations/winners and Best Actor/Actress category. However, the best online betting sites offer a great range of Oscars betting options, including wider betting markets and better odds.

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New 18+ UK customers. 1st bet on sports of £10+ in one transaction at evens (2.0)+ settled within 7 days of registering (exc. 10/04/21). £30 paid in free bets within 10 hours of bet settlement, 7-day expiry. Payment restrictions apply. Full T&C's apply.
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Some of the best Oscars betting sites include Paddy Power, Bwin, William Hill, and Betfair. These sites are entirely legitimate and safe to use while also having the best odds on the market consistently.

Oscars Odds

Across the board, the Oscars betting odds are generally considered to be relatively good and reasonably varied. Any right online bookie will ensure that their odds are continuously kept updated and are monitored closely for fairness. You can usually trust the leading operators (like those we have recommended) to give the best and fairest odds on the Oscars betting market.

The Oscars is an incredibly unique event as it usually has two separate stages of betting every year: the nomination stage and the winning stage. Initially, a few months before the event itself, bettors have an opportunity to place bets on the Oscars nominations, meaning who will be nominated for an award in the various categories. Nearer the event, bettors will then be allowed to bet on their predictions for who will win each category. The Oscar nomination odds and the Oscar-winning odds are consistently some of the best betting odds on the market every year.

When the Oscars roll around every year, online bookies start to advertise their websites more frequently. With this new advertisement line usually comes quite a few promotional offers that both existing players and new customers can take full advantage of. Free bets, no deposit bonuses, matched deposit bonuses, and more are often given to bettors around the Oscars’ time to attract bettors to play at one particular platform. You can usually claim these offers by going to the “Promotions” page on the website of your choice and selecting the offer you wish to claim. Commonly, operators will only ask you to register with the site and place your first deposit to claim the deal.

50% up to $250
50% up to $1000
100% up to $500
100% up to $2500
Bet £10 Get £30 in free bets

New 18+ UK customers. 1st bet on sports of £10+ in one transaction at evens (2.0)+ settled within 7 days of registering (exc. 10/04/21). £30 paid in free bets within 10 hours of bet settlement, 7-day expiry. Payment restrictions apply. Full T&C's apply.

Special Oscar Betting Options

While it may be true that practically every online bookmaker will have some form of Academy Awards betting options available, that does not mean that they have a wide variety of betting options available. Many online sportsbooks only feature the most popular Oscars betting options, such as the Best Picture category and the Best Actor/Actress category. The best online operators have a slightly more powerful Oscar betting system in place, bringing you the latest Oscar predictions on a whole range of categories like Supporting Actor/Actress, Best Director, Best Cinematography, and more.

Best Picture

Perhaps the most popular betting option revolving around the Oscars event is the Best Picture category predictions. It is where bettors have the opportunity to predict who will win the prestigious title of Best Picture of the Year. This category seeks out the best of the best, having previous winners of the title like Parasite, 12 Years A Slave, and The King’s Speech. The Oscar Best Picture odds are usually some of the best in this particular betting market as they are simply the most popular. Predicting the best movie of the year is surprisingly tricky, making the whole betting experience that much more thrilling.

Best Actor and Actress

Another general category to bet on is the Best Actor and Best Actress category. It is where bettors try to predict who will win the Best Actor and Best Actress title. Previous winners of the Actor award include Gary Oldman, Colin Firth, and Joaquin Phoenix, to prior winners of the Actress award including Olivia Coleman, Frances McDormand, and Emma Stone. The Oscar Best Actor odds and the Oscar Best Actress odds are consistently found to be some of the best in this betting market alongside the Best Picture odds.

Best Supporting Actor and Actress

A slightly less bet on category is the Best Supporting Actor and Actress category. Here bettors are allowed to bet on who they think will take home the Oscar for their supporting role in a film. For Best Supporting Actor, some previous winners have been Brad Pitt, J.K. Simmons, and Christoph Waltz. For Best Supporting Actress, previous winners have included Laura Dern, Viola Davis, and Anne Hathaway. Both the Best Supporting Actor odds and the Best Supporting Actress odds tend to be quite useful as these categories are still reasonably popular betting options. However, it may take a little more effort to find these betting options as some sites may not have them featured on their platform.

Best Director

Often considered one of the prestigious awards in Hollywood, the Best Director category in the Oscars event is usually one of the more featured Academy Award betting options on many online sportsbook websites. The Oscars Best Director odds are generally fairly accurate and precise, often giving you a clear indication of who is likely to take home the Oscar. It makes it more likely for you to place a successful bet, but it can mean that your potential returns are not that high.

Best of the Rest

As previously mentioned, many of the best betting sites currently around will give you plenty of additional Oscars betting options to choose from and not just the typical bet on categories. The best operators will include even more categories such as Best Cinematography, Best Documentary, and Best Animated Feature. These betting options tend to have some of the more exciting odds as they are less frequently bet on, meaning that your potential return may be higher than if you were to place a bet on a more popular category.

How to Bet on the Oscars

Placing an Oscar bet is simple. All you need to do is head to your chosen betting website or app and click on the button labeled “Sports Betting.” From here, you should be able to see a small box called “Featured” or something similar. Just before the event takes place, the Oscars can usually be found here. If they are not present in the featured section, then head to the A-Z list of sports and click on the tab labeled “TV & Specials,” or something along those lines. The Academy Awards betting odds should be located here. To place a bet, choose the fixture you want, enter an amount, view your potential returns, and finalize the stake if you are ready.

Oscars Betting Tips and Predictions

A betting tip is basically when a third-party source such as a betting news outlet or independent reporter claims to have more knowledge on the betting subject than the bookmaker and predicts an alternative outcome to what the bookmaker is currently expecting. For example, if Variety reported that Tom Hanks is likely to win Best Actor, but Paddy Power had his chances of winning low, you could win a high return as the odds would be more in your favor. Pay close attention to these tips and predictions provided by experts.

Oscars Betting Strategies

As is the case with all types of betting, play the odds effectively. The Oscars odds market has been seen to fluctuate quite a bit in the past; suddenly changing who the predicted winner of a category may be in the last week before the event. That is why you need to understand the betting market in general and play the odds effectively, meaning that you know when you should finalise your bet to maximize your potential returns.

An Overview of Oscars Betting

The Oscars betting scene can be a complicated one, especially if you do not have prior knowledge of the event. The categories can be numerous, and the odds can be confusing to wrap your head around. But, on the whole, betting on the Oscars can be an extremely enjoyable experience. The passage below aims to summarise a few of the points discussed within this report:

  • Some of the previous Best Picture winners include The Hurt Locker, 12 Years A Slave, Birdman, Argo, and Moonlight.
  • Some of the previous Best Actor winners include Jeff Bridges, Sean Penn, Eddie Redmayne, and Casey Affleck.
  • Some of the previous Best Actress winners include Cate Blanchett, Jennifer Lawrence, Kate Winslett, and Natalie Portman.
  • Some of the previous Best Director winners include Damien Chazelle, Bong Joon-Ho, Ang Lee, and Alfonso Cuaron.
  • The Oscar is no stranger to huge Hollywood names, having stars like Neil Patrick Harris, Seth MacFarlane, and Billy Crystal host previous events.
  • Some of the best Oscars bookies include William Hill, Paddy Power, Bwin, and Betfair.

Bottom Line

In summary, the Oscar betting odds for this next annual event are sure to be just as great as the last few years, if not better. Placing an Oscar bet has never been easier and has never been potentially more rewarding. If you are ready to browse the Oscar betting options currently available, head to one of our recommended betting sites today.

Frequently Asked Questions

  • Where can I bet on the Oscars online?

    As we draw closer to the Oscars, practically every online sportsbook will have at least some form of Oscars betting options available. However, only the best bookmakers will have many Oscars betting options available and will have good odds. Some of the best Oscars betting sites include Betfair, Bwin, Ladbrokes, William Hill, and Paddy Power.

  • Where is betting on the Oscars legal?

    The betting options surrounding the Oscars tend to be plentiful. If you are looking to bet on the Oscars legally, you will need first to ensure that you are situated in a region or country that allows online betting. If you are, you can feel free to access any online betting platform within your country. If an operator can operate in your country, they will hold the legal licenses required of them, meaning that they are entirely safe to use.

  • Can you bet on the Oscars in Vegas?

    In the past, Oscars betting has not been featured in Vegas in any capacity. And while it still has no projected plans to include the Oscars in any betting capacity right now, that does not mean that it will not work in the future.

  • Who has won the most Oscars of all time?

    Katharine Hepburn holds the title for the most Oscars won of all time. She has 4 Academy Awards and has been nominated a total of 12 different times for an Academy Award.

  • Do comedies ever win the Oscars?

    The Oscars have a certain reputation surrounding them. Films that usually win the Oscars tend to be more serious in tone, aiming to honestly say something about our society. Because of this, not many comedies win the Oscars. Comedies that have won the Oscars in previous years tend to have their moments of severity still and still aim to have some form of social commentary in them, such as Little Miss Sunshine or Arthur.

Writer & Media

Rebecca is a Liverpool gal and a big fan of the club. She likes nothing more than sharing tips and predictions on sports betting. Her other favorite sports include horse racing, snooker, and golf. Rebecca is in charge of writing and media at BetZillion. You can thank her for making our articles look so great.

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