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Best Picture Odds: Updated Betting Odds for all 2023 Oscar Nominees

Get the latest updates on Best Picture odds for the 2023 Oscars. Read our comprehensive guide on the Best Picture betting odds and top contenders for the upcoming award ceremony. Find the best value for Best Picture nominees 2023 odds with OddsChecker.
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Best Picture Odds: Updated Betting Odds for all 2023 Oscar Nominees

The 2023 Oscars is finally here! In just one more day, we'll see all the stars gather and discover the 2023 Oscars award winners. All eyes will be on Michelle Yeoh and the remaining "Everything Everywhere All at Once" cast as the sci-fi comedy is nominated for 11 nominations, including dominating the race for the "Best Picture" award. The 2023 Oscars should be a dramatic night filled with lots of excitement as the nominees win their awards. Let's take a look at the Best Picture odds and break down the nominees!

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Best Picture Odds

Everything Everywhere All at Once is the overwhelming favorite to take home the Best Picture award this year. With -1400 odds, the film is given a 93.3% implied chance of winning. Everyone would be mindblown if Daniel Kwan’s masterpiece did not win. Following the sci-fi comedy is "All Quiet on the Western Front," which is given +1000 odds with an implied 9.1% chance of winning.

Get the latest Oscar odds by clicking here

FilmOddsImplied Chance
Everything Everywhere All At Once-140093.3%
All Quiet on the Western Front+10009.1%
The Banshees of Inisherin+12007.7%
Top Gun Maverick+18005.3%
The Fabelmans+30003.2%
Avatar: The Way of Water+100001%
Women Talking+200000.5%
Triangle of Sadness+200000.5%

Best Picture Betting Odds

Since the 2023 Oscars nominees were announced on January 24th, there has been a considerable amount of movement when it comes to the Best Picture odds. The only film that has been consistent in the oddsmakers' eyes is Everything Everywhere All at Once. What has changed the most since the Best Picture odds were released is how much Everything Everywhere All at Once has increased as the favorite. Let's take a deep dive into all of the nominees.

Everything Everywhere All at Once

As mentioned earlier, Everything Everywhere All at Once is all anyone can talk about right now. Up for 11 nominations, this film truly is a treasure. It is clear in the books' eyes that this movie is taking home the Best Picture.

This quirky, absurdist action/comedy film is set in the Multiverse starring Michelle Yeoh of ‘Crouching Tiger, Hidden Dragon’ fame, and co-starring Ke Huy Quan (The Goonies, Indiana Jones & The Temple Of Doom). Yeoh played her part perfectly, which is why she is also the favorite to take home the Best Actress award as well. Everything Everywhere All at Once pulls at everyone's heartstrings and tells an incredible story about family relationships.

All Quiet on the Western Front 

Although it might not have the same strong odds of winning the Best Picture award, All Quiet on the Western Front was another huge success of a movie. The German-language WW1 drama produced by Netflix was awarded the most non-English film at the BAFTAs. All Quiet on the Western Front earned nine different Academy Awards nominations, which is the second highest of any film. The drama is leading the race to win ‘Best International Film.’

The Banshees of Inisherin 

The Banshees of Inisherin is one of the most popular films from this year. This dark comedy is about two warring friends set on a fictional Western Irish Island during the Irish Civil war. Directed by Martin McDonagh, who previously worked with Colin Farrell and Brendan Gleeson in ‘In Bruges,’ The Banshees of Inisherin is sure to win an Academy Award. Colin Farrell and Brendan Gleeson are nominated for Best Actor / Supporting Actor as well.

Top Gun: Maverick 

The blockbuster of the year made over $1.4 billion worldwide. Top Gun: Maverick was a massive fan favorite, and for good reason. The box-office smash stars Tom Cruise, who is reprising his role from the 80’s Classic. Credited by Spielberg as having ‘saved Hollywood’ post-pandemic, Top Gun: Maverick features stellar aviation scenes and keeps you on your toes.

The Fabelmans 

The Fabelmans, based on Steven Spielberg’s childhood and his love for film, is directed by Spielberg himself. One of the most unique and beautiful stories of the year, The Fabelmans is a deeply personal film. Although critics lauded the movie, it performed relatively poorly at the box office and is only up for three Oscar nominations in total. The 2022 Golden Globes Best Picture has seen its odds slip from 1100 to 3000.


Led by Cate Blanchett, Tar is a Psychological drama that is critically acclaimed. Tar is directed by Todd Field, which was his first film in 10 years now. Blanchett is the true star of this film and has already taken a BAFTA, Critics Choice, and Golden Globe awards for the role. She is also in running for the Best Actress Oscar as well. Keep an eye out to see what awards Tar will end up winning.


Starring Austin Butler and Tom Hanks, Elvis is up for eight nominations at the 95th Academy Awards. Baz Luhrmann directed the Elvis biopic (Romeo & Juliet, Moulin Rouge), and although it received slightly mixed critical reviews, it was a big hit with audiences. Star Austin Butler is tipped for the Best Actor nomination as well.

Avatar: The Way of Water

Fans and people across the world waited years and years for there to be a sequel to Avatar. Avatar: The Way of Water surely did not disappoint. The motion picture has already taken over $2 billion at the box office. James Cameron's 2009 film was one of the most unique movies, and he created yet another hit with his sequel. While it is unlikely to take home the Best Picture award, it was still loved by all.

Women Talking 

Women Talking is a drama centered around women in an isolated ultra-religious community. Originally a best-selling novel, Women Talking won a number of other awards, especially for its adapted screenplay. What's so special about this drama is it features an ensemble cast of high-profile female actors. Sitting at +20000 odds, Women Talking isn't likely to take home the Best Picture award.

Triangle of Sadness 

Triangle of Sadness is a social commentary on the lives of the ultra-rich on board a superyacht. The film stars Woody Harrelson as the captain of the ship, who happens to be a Marxist. While this is a critically acclaimed film and truly one-of-a-kind, it's unlikely to take home the Best Picture award as it's also sitting at +20000 odds.

Best Picture 2022 Odds 

The 2022 Oscars was one thrilling night. We saw a wide array of films that were up for a multitude of awards. The Best Picture 2022 included a large range. “The Power of the Dog” opened up as the overwhelming -115 favorite but did not end up winning the award. The Drama/Romance film that did take home the award was "CODA," which had +100 odds of winning.

According to DraftKings sportsbook, the Best Picture 2022 odds were the following:

  • The Power of the Dog: -115
  • CODA: +100 
  • Belfast: +1400
  • West Side Story: +3500
  • King Richard: +4000
  • Dune: +4000
  • Don’t Look Up: +6500
  • Licorice Pizza: +8000
  • Drive My Car: +8000
  • Nightmare Alley: +15000

Where and When to watch the Oscars 

When are the Oscars?

  • Date: Sunday, March 12, 2023
  • Time: 8:00 PM ET/ 5:00 PM PT

How to watch the Oscars?

  • Where to Watch: ABC

Get the latest Oscar odds by clicking here

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A Sports Writer and Editor for OddsChecker, Abby Moeckler has been covering professional sports since 2020. Abby is passionate about analyzing sports statistics, specifically for the NFL. When she’s not crafting stories and editing content, you can find her cheering on the Packers every Sunday.


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