Can Other Award Nominations Find Value In Oscars Betting?

Can Other Award Nominations Find Value In Oscars Betting?

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Can you predict who will win Best Actor and Best Actress at the Oscars just based on the nominations for the other 'Big Three' awards? Well, we've crunched the numbers and you can.

Nominations were revealed this week for the Critic's Choice, Screen Actor's Guild and Golden Globe Awards, the three major movie awards that precede the Oscars, which take place next year on Sunday, February 9.

They naturally caused shake-ups in the Oscars betting, as The Joker, Joaquin Phoenix hardened to 4/9 at the head of the Best Actor odds, having been one of just two actors nominated for the equivalent award at all three.

Oscars 2019: Best Actor Odds (As of 18/12/2019)

ActorOddsImplied Probability
Joaquin Phoenix4/969.2%
Adam Driver4/120%
Tom Hanks8/111.1%
Christian Bale11/18.3%
Brad Pitt11/18.3%
Willem Dafoe14/16.7%
Antonio Banderas16/15.9%

Renée Zellweger is also odds-on favourite to win Best Actress at the Academy Awards for her portrayal of Judy Garland in the film Judy, having again featured in the nominations for all three of the other big awards nights.

Oscars 2019: Best Actress Odds (As of 18/12/2019)

ActorOddsImplied Probability
Renee Zellweger1/266.7%
Scarlett Johansson9/218.2%
Cynthia Erivo5/116.7%
Lupita Nyongo10/19.1%
Charlize Theron10/19.1%
Margot Robbie14/16.7%

But it's not the betting that we have followed in a bid to find the early value in the odds for these prestigious Oscars. There are very solid Oscars trends, surrounding previous nominations, that have highlighted two very strong contenders to take the 2019 major acting Oscars over our hot favourites.

But First: Do Stats Work On Oscars Betting?

Professor Jeff Smith from the University of Wisconsin-Madison used trends to predict the winners of Best Actor, Best Actress and Best Picture(!) at last season's Oscars on the Group podcast, Badder Beats

We are going to break down the key Oscars stats and trends below, but here is what Smith believes is key to finding the winners of Best Actor and Best Actress - and remember, he picked shock winner Olivia Colman last year, as well as siding with Rami Malek and Green Book.

"There are some things which really do tend to help with predicting," Smith told the group. "They are not guarantees, but as a rule of thumb for Best Actor, if you play a real person, it seems to increase you chance of winning.

"The other factor is that if that real life person is dealing with some kind of obstacle, for Rami Malek as Freddie Mercury it was sexual orientations and he eventually contracted the aids virus."

He added: "When it comes to best actress, once again we’ve got the question of do we have real historically people? The other factor is, is the award perceived as recognition of a whole career, or this individual performance?

"When you look at the first Oscars for example, there were awards for multiple performances - Janet Gaynor won the award for 7th Heaven, Street Angel, and Sunrise for example.

"Nowadays, it’s one of the those unofficial things, and a good example is a couple of years ago when Julianne Moore won for Still Alice. I found it hard to find anyone who had watched it, so that appeared to be for a career of work, not just that film."

Smith warns with that latter factor that it's wise not to rule out an actress based on the performance they have been nominated for, especially if they have been at the top for a while and not yet won an Oscar.

Who Is Best Bet Right Now In Oscars Best Actor Odds?

All of the last 20 winners of the Oscars Best Actor title had previously been nominated for the equivalent prize at the Screen Actor's Guild awards, and in fact, nine of the last 10 winners won the SAG crown.

In the last 20 years, the SAG winner went on to win the Oscar 16 times, so it appears imperative that the judging panel at those awards recognises you, if you want to be noticed by those judging the Academy Awards.

Screen Actor's Guild Best Actor Nominees 2020

  • Christian Bale (Ford v Ferrari)
  • Leonardo DiCaprio (Once Upon a Time in Hollywood)
  • Adam Driver (Marriage Story)
  • Taron Egerton (Rocketman)
  • Joaquin Phoenix (Joker)

Next up are the Golden Globes, where nine of the last 10 Oscar winners were nominated, and won both, then there's the Critic's Choice Awards, who have nominated the Oscars Best Actor winner in 18 of the last 20 years, and all of the last 10.

In fact, only once in the last 10 years was the Oscars Best Actor winner not nominated for all three preceding major awards, and during that period six actors took the title at all four, with a further two winning the Golden Globe, SAG and Oscar.

Golden Globes Best Actor Nominees 2020

  • Christian Bale (Ford v Ferrari)
  • Antonio Banderas (Pain and Glory)
  • Adam Driver (Marriage Story)
  • Joaquin Phoenix (Joker)
  • Jonathan Pryce (The Two Popes)

It's clear then that nominations for the Golden Globes and SAGs are most important to Best Actor at the Oscars, but it is also preferential to have been nominated for all three.

The next major statistic that can be applied right now to the Oscars Best Actor market is that seven of the last 10 winners were nominated for playing real people. Last year it was Rami Malek as Freddie Mercury, the year before Gary Oldman as Winston Churchill, and before that the likes of Daniel Day Lewis as Abraham Lincoln, and Eddie Redmayne as Stephen Hawking.

List Of Oscars Best Actors Who Played Real People

(since 1999)

YearOscar Best Actor WinnerReal Character Portrayed
2018Rami MalekFreddie Mercury (musician)
2017Gary OldmanWinston Churchill (British prime minister)
2015Leonardo DiCaprioHugh Glass (American frontiersman)
2014Eddie RedmayneStephen Hawking (physicist)
2013Matthew McConaugheyRon Woodroof (Dallas Buyers Club founder)
2012Daniel Day LewisAbraham Lincoln (US president)
2010Colin FirthKing George VI (British king)
2008Sean PennHarvey Milk (US gay politician)
2006Forest WhitakerIdi Amin (Ugandan military officer)
2005Philip Seymour HoffmanTruman Capote (US writer)
2004Jamie FoxxRay Charles (musician)
2001Adrien BrodyWładysław Szpilman (Jewish composer)

The last man to win Oscars Best Actor playing a fictional character was Casey Affleck in Manchester By The Sea, a heartfelt, moving drama, about a man suddenly entrusted with his nephew after the death of his brother.

The success of this hard family story is reflected this year in Marriage Story, a tale about the breakdown of a marriage, for which lead actor Adam Driver has received three major nominations, and is now second-favourite to land the Oscar. He would buck the trend, but at odds of 4/1 with BetVictor could do it.

Driver, though not fitting the 'real person' trend, does fit our final factor; only one of the last 10 Best Actor winners had previously won an acting Oscar, and five of the last 20. Narrowing it down, just three of the last 20 had won Best Actor before.

Driver has won neither, but the man best fitting the Oscars Best Actor trends profile at this early stage is Christian Bale, for his portrayal of Ford's British racing car driver and engineer Ken Miles in the Ford v Ferrari film Le Mans '66

Christian Bale

Bale, already tipped up by our specials tipster Roy Brindley, has the three key nominations, plays a real person, and has never won Best Actor, though he did win Best Supporting Actor in 2010 for again playing a real person, professional boxer Dicky Eklund, in The Fighter.

He is a best price 9/1 for the Oscar with Paddy Power and, though Ken Miles doesn't quite have the personal struggles of Freddie Mercury, you can bet Bale won't be anything like 9/1 if he takes the first of the big prizes, the Golden Globe on January 5.

Who Is Best Bet Right Now In Oscars Best Actress Odds?

All of the last 20 winners of the Oscars Best Actress title had previously been nominated for the equivalent prize at the Screen Actor's Guild awards, just like in the men's game, though only eight took the SAG crown.

Across the last 20 years, 14 SAG winners won the Academy Award, making that judging panel equal best at predicting the Oscar winner, with those at the Golden Globes. However, on three occasions in the last 10 years, the Oscar winner wasn't even nominated for the Golden Globe.

Screen Actor's Guild Best Actress Nominees 2020

  • Cynthia Erivo (Harriet)
  • Scarlett Johansson (Marriage Story)
  • Lupita Nyong'o (Us)
  • Charlize Theron (Bombshell)
  • Renée Zellweger (Judy)

When looking at the last 20 years, that number increases to five, so it is not a negative for an Oscars Best Actress hopeful to be missing from the Golden Globes' nominations, as long as they are in the SAGs and in the Critic's Choice list, which has contained the Oscar winner in all of the last 10 years - and 18 of the last 20.

Four women this year received three nominations - Renée Zellweger, Cynthia Erivo, Charlize Theron, and Scarlett Johansson - with Lupita Nyong'o receiving two, minus the Globes. At 20/1 with Paddy Power, she could be an outside bet, but does not fit another of our key Best Actress stats.

Critic's Choice Best Actress Nominees 2020

  • Awkwafina (The Farewell)
  • Cynthia Erivo (Harriet)
  • Scarlett Johansson (Marriage Story)
  • Lupita Nyong’o (Us)
  • Saoirse Ronan (Little Women)
  • Charlize Theron (Bombshell)
  • Renée Zellweger (Judy)

Only three of the last 10 Best Actress winners at the Oscars had previously won an acting Oscar, two having already won Best Actress, and another landing the prize for Supporting. In fact, only four of the last 20 had achieved this feat.

A total of 11 had been nominated for an acting Oscar before, with nine of those getting at least one Best Actress nomination. Lupita Nyong'o won Best Supporting Actress in 2014, having been nominated for an Academy Award for the first time.

What rules three of the triple-nominated candidates out is our final trend; in stark contrast to Best Actor, only three actresses who played real people in the last 10 years won Best Actress at the Oscar.

In that time, 34% of Oscars Best Actress nominations were women playing real characters, and 18% of them won versus 21% of the 33 nominations who played fictional characters. This is a modern trend that has developed in the last 10 years, the previous 10 years awarding the crown to seven performances acting real people.

It was briefly halted by shock winner Olivia Colman as Queen Anne last year, but digging deeper, we can see that on six occasions in the last 10 years, there were two or three real people performances amongst the Oscars Best Actress nominations, and only three won.

The only actress amongst those with three nominations, who has never won an Oscar and plays a fictional character is Scarlett Johansson. She would be receiving her very first Oscar nomination if making the shortlist for Best Actress this season, but she is hotly-tipped to do so, priced at 9/2 second-favourite with Betfair for the title.

Scarlett Johansson

She has been nominated many times for the Critic's Choice and Golden Globes, without winning, and is this year amongst Screen Actor's Guild nominations for the first time, potentially set to land Best Actress, Best Supporting Actress, and Outstanding Performance by a Cast at those awards.

She's also only 11/5 second-favourite with Bet365 to win Best Actress at the Golden Globes on January 5. It is far from over if she does not land that prize, with Oscar nominations not released until the day after the Critic's Choice Awards ceremony on January 12. But if she does win it, those odds of 9/2 about the Oscar win will be long gone.

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