The Oscars 2020: The Latest From The Betting Markets

With betting currently underway for the Oscars, what is the favorite to win Best Picture?
Oddschecker
Fri, February 7, 12:32 PM EST

With betting currently underway for the Oscars, what is the favourite to win Best Picture? Well, the bookmakers’ favorite is Sam Mendes’ 1917. The World War One epic is the runaway favourite at the top of the market, currently priced at -175.

The most prestigious markets are currently dominated by favorites, but, what is going on in some of the lesser-known markets.

While three of the major categories seem like they’re pretty much done deals, with outlandishly short odds, there is definitely still value to be found.

In case you were wondering about the three major categories however - here are the favorites.

Best Picture

Undoubtedly the most popular betting category for the Oscars, the Best Picture category has swayed from side to side for the favorite, as punters have been divided over who they see taking home the Oscar this year.

1917 is the current market leader and it seems unlikely to move from top spot in the coming days. Now available at -175, the World War One action/drama which was released in the United States on December 25th, could have been found at +650 on that day. However, it has almost continuously shortened in price since then.

Parasite has collected 18% of bets in this market by bettors who may be hunting for value. The highest-rated of the bookies three top films on IMDb Bong Joon-ho’s Korean language drama/mystery thrilled viewers. Even achieving a 99% rating on Rotten Tomatoes and a 5/5 by Empire.

Now available at +400 with one bookie, Parasite can be found as short as -200. That’s a $70 difference off a $20 stake.

Once Upon A Time in Hollywood has collected a respectable 14% of all bets in this market and can now be found at +900. Punters who jumped on Quintin Tarantino’s flick early will be disappointed by this news as when the nominations were announced the comedy-drama’s odds were cut from +200 to +120.

Other Nominations:

Joker: +1200
Jojo Rabbit: +8000

The Irishman: +8000
Marriage Story: +10000
Little Woman: +15000
Ford v Ferrari: +25000

Best Director

It’s hard to argue against Sam Mendes picking up the Best Director merit this year. After his nomination, you could have backed him at -120, but now available at a best price of -500 and collecting 43% of bets. Books and bettors alike seem to think it’s a done deal.

23% of gamblers have backed Bong Joon-ho since the market opened. Now as high as +600 to win the Oscar he can also be found as short as +275 for his direction of Parasite.

Other Nominees:

Quentin Tarantino for Once Upon A Time In Hollywood: +2000
Martin Scorsese for The Irishman: +6600
Todd Phillips for Joker: +10000

Best Actor

Joaquin Phoenix has picked up 71% of bets in the category and has already won the Golden Globe and BAFTA for his role in Joker.

Arguably the best portrayal of the iconic villain since Heath Ledger in The Dark Knight, Phoenix has little competition in the market with the best available price being -2000 giving him a 95% implied probability of winning.

Elsewhere in the market

Adam Driver in Marriage Story: +1000
Leonardo DiCaprio in Once Upon a Time in Hollywood: +5000
Jonathan Pryce in The Two Popes: +5000
Antonio Banderas in Pain and Glory: +6600

Best Actress

Renee Zellweger can be found at a best price of -1600 and is the most popular bet in this market for her portal of Judy Garland in Judy collecting 45% of bets.

Having already won a Golden Globe and BAFTA for the role it’s understandable why she would be the favourite in the market.

Elsewhere in the market

Scarlett Johansson in Marriage Story: +1600
Cynthia Erivo in Harriet: +2900
Saoirse Ronan in little woman: +3300
Charlize Theron in Bombshell: +5000

Best Animated Feature Film

Bettors are backing Netflix’s Klaus as a major competitor in this category. Attracting 49% of all bets and currently at a best price of evens. For a Christmas film to win an Oscar is often unlikely but not unheard of, is this where value lies?

Toy Story 4 was the favorite with bookies in this market. Now available at the best price of +100, however, the fourth installation of the Pixar classic has attracted 30% of bets since the market opened.

Elsewhere in the market
Missing link: +2000
I Lost My Body: +3700
How to Train Your Dragon The Hidden World: +10000

Best Adapted Screenplay

Jojo Rabbit is the market leader in this category, currently at best odds of -167. The Comedy/Drama adapted from Christine Leunen’s book Caging Skies was well liked by critics achieving -125 on IMDb and 80% on rotten tomatoes and no doubt featured an impressive performance from Roman Griffin in his portrayal of Jojo Betzler.

However value hunting punters may have found something bookies failed to notice. Little Woman is currently available at a best price of +200 and has attracted almost 45% of all bets since the market opened.

Greta Gerwig’s Period drama based on Louisa May Alcott’s novel of the same name impressed audiences. Although only achieving 8.1/10 on IMDb the picture was rated 95% on Rotten Tomatoes and 91% on Metacritic.

Elsewhere in the market
The Irishman: +850
Joker: +6600
The Two Popes: +7000

Best Original Screenplay
Punters are split on who they believe the Oscar for Best Original Screenplay, But bookies are certainly not.

Parasite is the bookies favourite to win the accolade available at a best price of -143. The Korean Language drama is met with tough competition in Quentin Tarantino’s Once Upon a Time in Hollywood.

Available at a best price of +250, Tarantino was winner the of both Best Director, Motion Picture, Best Motion Picture, Musical and Comedy at the Golden Globes for the picture which has attracted 38% of bets since the market opened.

Elsewhere in the market

Marriage Story: +1200

1917: +5000

Knives Out: +6000

Best Supporting Actress

The Best supporting actress looks mostly dead a buried with punters and bookies alike backing Laura Dern for her role in Marriage Story at -1250.

Little Woman’s Florence Pugh has attracted a respectable 19% of value hunting bettors however. Available at +1700 this is the first time Pugh has been nominated for an Academy Award.

Elsewhere in the market
Margot Robbie: +1600
Scarlett Johansson: +3300
Kathy Bates: +6600

Best Supporting Actor
Having already won a Golden Globe, BAFTA, AACTA and countless more accolades for his supporting role in Once Upon a Time in Hollywood it should be of no surprise that Brad Pitt is the front runner in this category.

At best odds of -2000 he’s attracted the large majority (62%) of bettor in this category.

Elsewhere in the market
Joe Pesci: +1600
Al Pacino: +3500
Tom Hanks: +3700
Anthony Hopkins: +6000

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