Oscars Betting 2021

The Oscars, also known as the Academy Awards, are the pinnacle of recognition for anyone in the film industry. Every year, glitz and glamour oozes from every angle, as the red carpet at the Dolby Theatre in Hollywood is adorned by the creme de la creme of movie greatness, hoping to win one of the 24 titles at The Oscars.

You might not be winning any Oscars, but with Gambling.com's Oscars betting guide, you could win on Oscars' night. It's right now that Oscars betting odds start to get interesting, so read through our tips to learn everything you need to know before betting on the Oscars with one of our reviewed, and recommended Oscars betting sites.

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Oscars Betting Tips

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Oscars 2021 Betting Odds

Here are the best odds available in the Oscars betting for the main event: Best Picture. Be aware that betting on Best Picture is an ever-changing landscape, with current affairs and preceding awards causing big betting stirs.

Oscars 2021 Best Picture Betting (As of 12/11/2020)

Film	Best Odds
Nomadland	11/2
The Trial of the Chicago 7	11/2
Mank	8/1
News of the World	8/1
Da 5 Bloods	9/1
Macbeth	12/1
The Green Knight	14/1
Respect	14/1
Berstein	14/1

Best Oscars Markets to Bet on

Right behind Best Picture betting, comes the Oscars Best Actor betting, and the odds on Best Actress. These are the three most important titles, and Oscars betting markets, but there are plenty of others. Here are the six key betting markets that you can bet on ahead of the Oscars:

Best Picture - Betting on which film will land the biggest Oscar of them all is the biggest betting event at the Academy Awards. This market can swing any which way and the last three titles have been won by the second favourite on the night, Moonlight, The Shape Of Water and Green Book.
Best Actor - This award goes to an actor who played a leading role, with the Best Actor odds showing a strong preference for actors who played a real person, rather than a fictional character. Last year Rami Malek (Freddie Mercury) became the seventh actor in 10 years to win an Oscar for that kind of role.
Best Actress - Like Best Actor, Best Actress is for a leading role, and the betting often becomes clearest after the Screen Actor's Guild Awards. In the past 10 years, eight of the actresses who won top prize there, also won the Oscar. They and the Golden Globes boast 70% strike rates in the last 20 years.
Best Director - There are few surprises in this Oscars betting market, with favourites winning often, and at odds-on, like Alfonso Cuaron for Roma in 2019. It used to be common for the movie that won Best Director to also win Best Picture, but in 2019 Green Book's director wasn't even nominated.
Best Original Song - Odds on this Academy Award are popular because so many well-known music artists are in the betting. Recently the likes of Lady Gaga, Mark Ronson, Sam Smith and Adele have been among the winners.

You can actually bet on almost any Academy Award, odds opening on more and more titles as the big night approaches - and, you will also be able to bet on things like, 'Who will give the longest acceptance speech?' and 'Will the same film win Best Picture and Best Director?'.

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Oscars Betting Tips

Betting on the Oscars is tricky. It's not like betting on sports when nobody knows the outcome. However, our top Oscars betting tip is to follow the three preceding major awards that fall in January. In the past 20 years:

The Critic's Choice Awards have proven most predictable, their winners of Best Actor, Best Actress, Best Director and Best Picture going on to win the Oscar 59% of the time.
The Golden Globes have the worst record, just 58% of their winners taking an Oscar.
Best Actor at the Screen Actor's Guild Awards has won 80% of the corresponding Oscars since 1999, with 9/10 Best Actors from those awards, and from the Golden Globes, also landing the Oscar.
Best Actresses from the Screen Actors Guild's score best at the Oscars too, with an 80% strike-rate since 2009.
It's worth noting that only one Best Actor in the last 20 years had not won at least one of the big three first (Adrien Brody), and that only two actresses emulated him (Olivia Colman and Marion Cotillard).

That is not a foolproof Oscars betting system, but it does narrow the field of odds. The next tip to consider when betting on the Academy Awards is to follow social issues, and other Oscars trends. For example:

Real People - 12 of the last 17 Best Actors won for playing real people, like 2017 winner Gary Oldman (Winston Churchill), including the last two. This used to be a good system for betting on all of the acting roles, but for women that had changed, until Olivia Colman (Queen Anne) sprung a surprise in 2019. She was the second Best Actress this decade to win for playing a real person.
Moonlight - #Oscarssowhite, or Oscars Whitewash, was a movement protesting against the lack of color in the Oscars nominations in 2016. The Academy stressed it would address this, so there were non-white nominations for 2017 - and it could be argued, there had to be a major winner. Moonlight, an independently-made film about a young black man, won Best Picture.
MeToo - Female empowerment dominated Hollywood, and the world, in 2017, and was like many major social issues, reflected in the Oscars. Golden Globe Best Actor winner James Franco, a short price in the Oscars odds, was not nominated after being accused of sexually-exploitative behaviour. Best Picture was won by a film with a dominant female lead for the first time since 2004 - The Shape Of Water scoring.

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When are the other movie awards?

The biggest mover of the Oscars betting odds are the three other major awards, which typically take place in January: the Golden Globes, the Critic's Choice and the Screen Actors Guild.

With the Oscars usually not announcing nominations until January, if there is going to be any early moves in the Oscars betting odds, they are likely to relate to December nominations in:

Golden Globes
Critic's Choice Awards
Screen Actors Guild’s Awards

Frequently Asked Questions

When do the Oscars take place?

The Oscars usually take place around the beginning of February each year.

Where are the 2021 Oscars held?

The Oscars have been held at the Dolby Theatre in Hollywood since 2002.

Is it legal to bet on the Oscars?

Yes, it is legal to bet on the Oscars in some places. The UK and Ireland, for example, and also New Jersey in the US. For more information on where it's legal to bet on the Oscars in 2021, check out our jurisdiction guides.

Who is hosting this year's Oscars?

The 2020 Oscars was host-less, as it was in 2019, after Kevin Hart stepped down over backlash caused by historic homophobic tweets. It has not been confirmed yet whether or not another host will ever be appointed, so the Oscars could well be host-free going forward, especially considering the ceremony has seen a 12% year-on-year increase in viewers in the USA without one since 2019.

Where can I watch the Oscars 2021?

Oscars fans in the UK and Ireland can watch the ceremony live on Sky Cinema, Sky One or NOW TV, with highlights coming the following night. In Australia, the Oscars are typically broadcast live on free-to-air network Channel Nine, with Foxtel channel E! showing red carpet action. New Zealand's Oscars fans can catch the 2021 ceremony live on TVNZ, while in Canada, all the Oscars action is covered by CTV, including Facebook live from the Oscars balcony.

Can Netflix films win Oscars?

Yes! Netflix has already received 29 Academy Award nominations, and won six Oscars, including 2019 Best Director, Best Cinematography and Best Foreign Language Film courtesy of Alfonso Cuaron's Roma. That movie was also Netflix's first Best Picture nomination, but in 2020 the distributor is expected to have more, with Marriage Story and The Irishman heading the Best Picture betting.