2021 Oscars Odds: Nomadland The Massive Favorite for Best Picture

Bettors and oddsmakers are in agreement: Nomadland will win the Oscar for Best Picture
Brian Good
Sun, April 25, 8:34 AM EDT

2021 Oscars Odds: Nomadland The Massive Favorite for Best Picture

Hollywood’s big night is finally here. Tonight, the 93rd Academy Awards will be on full display and one of the most sought after Oscars, the Best Picture, will no doubt be the talk of the town.

This year feels different for a number of reasons, so it’s tough to keep track of some of the 2021 Oscar odds.

It’s been hard for some viewers to see movies this past year with theaters closed due to COVID-19 and movies being released via different streaming platforms.

Still, we have eight different films in contention for the 2021 Best Picture award, but both oddsmakers and the betting public have tabbed Nomadland as the overwhelming favorite ahead of Sunday’s Oscars.

2021 Oscars Best Picture Odds

Oddsmakers around the country aren’t giving any films other than Nomadland a real chance in the Best Picture category, so any other result would be a massive upset. As of Sunday morning, Nomadland is -600 to win the 2021 Oscar for Best Picture. Those odds imply a 85.7% chance of victory.

If a film was going to pull off the upset, it looks like The Trial of the Chicago 7 would be the one to do it. Right now, you can get the film at +600 to win Best Picture at tonight’s Oscars. But, for comparison, those odds have an implied probability of 14.3%.

Those are the only two films that really have a chance to win Best Picture, according to the 2021 Oscar odds. Minari is next up at +1400, but that’s even more unlikely to win.

2021 Oscars – Best Picture Odds


Best Picture Odds

Implied Probability




The Trial Of The Chicago 7






Promising Young Women



Judas and the Black Messiah






Sound Of Metal



The Father



2021 Oscars Best Picture Betting

So we know how the sportsbooks see it. But, how is the betting public wagering on Sunday’s Best Picture market? Unfortunately for any films looking to pull off the upset over Nomadland, the public is in agreement.

Since the 2021 Oscars odds became available, 47.01% of all bets in the Best Picture market have come in on Nomadland, that’s just under 4x as many as the next most popular option. That honor belongs to The Trial of the Chicago 7, which has seen 11.97% of Best Picture bets come in on them.

Film Public Betting
Nomadland 47.01%
The Trial of the Chicago 7 11.97%
Minari 9.85%
Promising Young Woman 8.11%
Judas and the Black Messiah 7.2%
Mank 7.08%
Sound of Metal 5.69%
The Father 3.09%

How to Watch the 2021 Oscars

When do the Oscars Start?

The real question isn’t when they start, but rather when do the Oscars end? It seems like every year it gets later and later. Still, this year’s 2021 Oscars get started at 8 pm ET. The Academy Awards are supposed to end by 11 pm ET, but we won’t hold our breath on that one…

What Channel are the Oscars on?

The channel number will depend on where you’re viewing from, but the 2021 Oscars can be found on ABC on Sunday. But, the main event is just part of the show. ABC has coverage throughout the day, starting at 1 pm ET and rolling through the conclusion of the show. That’s almost 12 hours of Oscars content, if you’re into that kind of thing.

Can You Live Stream the Oscars?

The short answer is yes (obviously). The long answer is a bit more involved. There are tons of ways to stream the 2021 Oscars. The first, and most obvious, way to stream it is via ABC.com. But, ABC’s streaming service is only accessible by entering your paid cable provider log-in info.

You can also stream the Oscars through a bunch of different Live TV streaming services. Providers like Hulu, Fubo and YouTube all provide a live TV option that will allow you to get the Oscars on Sunday night.

2021 Oscars Betting Promo: How To Enter DraftKings Free-To-Play Oscars Contest

Our friends at DraftKings are coming up big for the 2021 Oscars. You can watch Sunday’s Academy Awards knowing that you’re playing for $25,000 with DraftKings latest fantasy contest. And the beauty of it? It’s completely free-to-enter.

Entering is simple, it takes a matter of minutes. We’ve broken down how:

1. Click this exclusive OddsChecker link to sign up to DraftKings

2. Complete the really easy registration process

3. Enter your selections for the following award categories:

  • Best Picture
  • Best Lead Actor
  • Best Lead Actress
  • Best Supporting Actor
  • Best Supporting Actress
  • Best Director
  • Best Original Screenplay
  • Best Adapted Screenplay
  • Best Animated Feature
  • Best Original Song

4. You’re now in for a chance to win a share of $25,000! You score points per correct pick and if you pick up the most, you’ll take home $1,000 at the end of the night. 


Almost there!

We are loading your bets, and they will be here in a second.