The Oscars, officially known as the Academy Awards, are arguably the most prestigious and significant awards in the film industry. Presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS), the Oscars always generate a ton of interest worldwide.
Did you know that you can bet on the Oscars? That’s right – the leading entertainment betting sites serve up Oscars betting opportunities every year, giving bettors the chance of predict the winners of various categories while also offering props and specials.
If you want to learn how to bet on the Oscars, you have certainly come to the right place. Below, we dive into all the popular Oscars betting markets and deliver a handful of useful tips for betting on the Academy Awards.
Popular Oscars Betting Markets
It is worth noting that most Oscars bets are simply futures, as most bookmakers allow you to only wager on category winners. That said, you can also find Oscars props if search hard enough.
Betting on Category Winners
Since the Academy hands out Oscars in more than 20 categories each year, you will invariably find plenty of categories to bet on. Although most bookies won’t offer odds for every single category, all the leading entertainment betting sites will have a variety of options.
Best Picture, Best Director, Best Actor, Best Actress, Best Supporting Actor and Best Supporting Actress are the most popular categories to bet on. On top of that, you might find odds for Best Original Screenplay, Best Animated Feature Film, Best Cinematography and various other categories.
Oscars Props Betting
You should also be on the lookout for Oscars prop bets in the lead-up to the Academy Awards. Granted, props are typically harder to find, but they often dish up attractive odds if you can track them down.
Will Actor A bring a date to the Oscars? Will Actor B talk to Actor C during the Oscars? Will Actor D be mentioned during the opening monologue? These are some examples of Oscars props that you might stumble across.
Tips for Betting on the Oscars
Let’s wrap things up by going over some helpful tips for betting on the Oscars. If you follow the advice in this section, you will find yourself in an advantageous position when it comes to laying down your Oscars wagers.
Follow the News and Social Media
Before every Academy Awards ceremony, be sure to stay on top of all the latest news and developments regarding the Oscars. You can often find a lot of useful information on social media platforms such as Twitter and this info could help you win money.
Use History to Your Advantage
Since the Oscars use the same categories every year, you can always look back at previous winners and see what types of films and actors won certain awards. Analyzing past Academy Award winners will stand you in good stead for wagering on the next Oscars.
Consider Controversies
External controversies can sometimes have an impact of how the Oscars pan out. For example, James Franco was snubbed by the Academy in 2017 due to sexual misconduct allegations, although he still won a Golden Globe that year.
