Oscars Betting 2023
If you love the glitz and glam of the Academy Awards, why not join these celebrities down the red carpet and get involved with Oscars betting? Check out our recommended Oscars Betting sites below and claim a bonus today.
Last Updated
: 5 May 2023
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Oscars Betting Tips
Everyone’s heard of the Oscars, the most prestigious awards evening in Hollywood. Taking place once a year in the Dolby Theatre, only the most outstanding stars on the silver screen are nominated for the Academy Awards. People across the globe tune in to find out who will take home the iconic golden trophy and be crowned the finest in showbiz.
With a vast number of award categories, there’s a great range of exciting betting markets as exhilarating as the Oscars themselves. This guide covers all there is to know about Oscars betting odds and strategies, while our betting experts also recommend the top entertainment betting sites where you can place Oscars bets.
How We Rank Oscars Betting Sites
We love all kinds of bets - not just sports betting. Like political betting, Oscars betting is really engaging with a huge range of markets and lucrative offers and promos to choose from.
To get you started, we carefully reviewed each of our recommended Oscars betting sites with strict criteria to assess all the crucial features.
Our top sites have the best Oscars betting odds and unrivalled betting markets, providing everything from Best Visual Effects to Best Picture odds and everything in between. Whichever award category you’re interested in, you’ll be able to find a wager to match.
We also review more general areas of importance when selecting an online betting site, whether that's the top specials sites, the best sports betting sites or the best casino sites. The best Oscars betting sites score highly in all categories. From impressive welcome bonuses and free bets to high levels of security, incredible mobile capabilities, friendly customer support, and a plethora of banking options, our recommended sites offer only the best. Besides, they are all legal and licensed by regulators such as the UK Gambling Commission, so you know you're in safe hands.
Refund or free bet when one selection in an accumulator lets the bet down
Refund or free bet when one selection in an accumulator lets the bet down
Refund or free bet when one selection in an accumulator lets the bet down
Betting on the Oscars Online
Receiving an Academy Award is the pinnacle of recognition for someone within the film industry. As such, individuals worldwide get invested in which nominees will take home the coveted golden trophy. Oscar betting is becoming more popular and people jump at the chance to get even more involved with the magnificence of Hollywood’s most acclaimed awards night.
We know the Oscars aren’t for everyone. Yet, putting a little money on the event can turn what one might think is a dull affair into a thrilling evening.
As Oscars betting is becoming more popular, many of the sports betting sites offer these markets on their platforms. Betting on the Oscars online makes it easier to get involved in the action, bringing even more excitement to the event. Place your wagers months beforehand or on the night itself, then watch your bets come in as the live event unfolds, all from the comfort of your own home. These long-term bets are known as futures or antepost bets. The sites listed below offer markets and odds for Oscars bets months before the night of the awards.
Can you cash out of bets before an event has finished?
Can you cash out of bets before an event has finished?
Can you cash out of bets before an event has finished?
How do Oscars Betting Odds Work?
If you're new to betting and want to place a bet on the Academy Awards - you'll need to know how Oscars betting odds work. When looking to bet on a particular actor/actress or movie to win a certain award category, you can view their betting odds before making your wager.
If you stake £1 on an actor that has odds of 2/1 or 3.0 to win their category, you would make a £2 profit but you would also get your £1 back, meaning a total return of £3.
- With odds of 4/1, for every £1 you bet, you would win £4 - plus your stake, so a total of £5.
Betting at 5/1 would mean a £1 bet would earn a profit of £5 and an overall return of £6.
A winning £1 bet at 10/1 would mean a return of £11, while you might find a bet available at odds of 15/2 - so halfway between 7/1 and 8/1. A £1 bet at 15/2 would return a profit of £7.50.
Decimal odds work in the same way as fractional odds. In decimal odds, 2/1 will be written as 3.0, letting you know that you will get £3 back on a £1 bet.
The biggest movers of Oscars betting odds are the three other major awards: the Golden Globes, the Critics' Choice, and the Screen Actors Guild Awards. It is always worth keeping an eye on these during awards season, in the early part of each year, as they have a major impact the odds. Many of the Academy's voting members are part of the guilds deciding these earlier awards, so they can often predict success.
It's also worth doing plenty of reading to find out which movies and which acting performances are the most critically acclaimed. Ratings will vary from one film critic to the next but if you do enough research, you will notice the patterns where critics have reached a consensus on a certain movie or actor/actress. The oddsmakers at the top new betting sites will stay up-to-date with how movies are being received - but if you put in the time and effort you may just be able to spot gaps in the odds and bet on some long-shots that have a fighting chance.
Refund or free bet when one selection in an accumulator lets the bet down
Refund or free bet when one selection in an accumulator lets the bet down
Refund or free bet when one selection in an accumulator lets the bet down
Betting Markets for the Oscars
The Oscars have 23 different awards categories, and online betting sites offer a range of Oscars betting odds in all these markets and more. Due to the event’s immense popularity, most UK sports betting sites cover the most popular markets, such as Best Actor or Actress. However, any of our recommended Oscars betting sites offer more than just the basics. Let’s take a closer look at all of the available awards and betting markets to choose from.
Best Picture Betting
The award for Best Picture is arguably the most significant award of the evening, and Oscars Best Picture odds are available on all Oscars betting sites. The trophy is given to the most prestigious and distinguished film of the year. It is the only category in which every member of the Academy is eligible to submit a nomination. It’s often the most exciting reveal of the night, not only for its stature but for its unpredictability. The winner often defies the Best Picture odds and goes against the favourite. Recent wins in this category include Nomadland, Parasite, and Green Book.
Best Actor/Actress Betting
This category goes to actors and actresses that performed exceptionally in a leading role. Oscars Best Actor betting is a much safer gamble, with the predicted favourites typically claiming the awards. Those who win the Screen Actors Guild Awards earlier in the year often become the Oscars betting favourites and then win Academy Awards.
Interestingly, actors and actresses who portray real characters, as opposed to fictional ones, typically claim the trophy. Examples include Remi Malek as Freddie Mercury in Bohemian Rhapsody and Renee Zellweger, who played Judy Garland in Judy.
Oscars Best Picture Odds - 94th Academy Awards*
Movie | Betting Odds | Bet With |
|---|---|---|
The Power of the Dog | 8/13 | |
Belfast | 3/1 | |
West Side Story | 15/2 | Paddy Power |
Licorice Pizza | 16/1 | Betfair |
Dune | 22/1 | |
King Richard | 28/1 | |
CODA | 30/1 | |
Don't Look Up | 40/1 | |
Drive My Car | 50/1 | |
Nightmare Alley | 80/1 |
*Odds correct as of 14/02/2022
Best Actor/Actress Betting
This category goes to actors and actresses that performed exceptionally in a leading role. Oscars Best Actor betting is a much safer gamble, with the predicted favourites typically claiming the awards. Those who win the Screen Actors Guild Awards earlier in the year often become the Oscars betting favourites and then win Academy Awards.
Interestingly, actors and actresses who portray real characters, as opposed to fictional ones, typically claim the trophy. Examples include Remi Malek as Freddie Mercury in Bohemian Rhapsody and Renee Zellweger, who played Judy Garland in Judy.
Cillian Murphy
Colman Domingo
Leonardo Di Caprio
Bradley Cooper
Barry Keoghan
Emma Stone
Lily Gladstone
Carey Mulligan
Annette Bening
Fantasia Barrino
Best Director Betting
The award of Best Director is another bettors’ favourite, and you can find Oscars betting odds for this category on the majority of UK sportsbooks. The Academy presents this award to the film director that has shown outstanding skill in the industry. Notable previous winners include Chloé Zhao, Bong Joon-Ho and Alfonso Cuarón. Again, this is often a tough award to guess correctly. Bong Joon-Ho, the director of Best Picture winner Parasite, was the underdog here back in 2020, defying all expectations with his win.
Christopher Nolan
Martin Scorsese
Yorgos Lanthimos
Celine Song
Jonathan Glazer
Christopher Nolan
Martin Scorsese
Yorgos Lanthimos
Celine Song
Jonathan Glazer
Best Supporting Actor/Actress Betting
The Best Supporting Actor or Actress category is given to stars who excelled in a supporting role. Like the odds to win Best Actor, they usually favour the film stars who win the Screen Actors Guild Awards earlier in the year. Therefore, always pay attention to these winners for a better chance of experiencing Oscars betting success. Previous winners include the likes of Youn Yuh-Jung, Laura Dern, Daniel Kaluuya and Brad Pitt.
Best Original/Adapted Screenplay Betting
When a film script is an adaptation of a novel, musical, TV series, or stage play, it can be nominated for the Best Adapted Screenplay award. On the contrary, new scripts with completely original storylines fall into the category of Best Original Screenplay. These two awards acknowledge the screenwriters of films, with many Oscars betting sites letting you place bets on this category. Recent wins went to Christopher Hampton & Florian Zeller with The Father for Best Adapted Screenplay, and Emerald Fennell with Promising Young Woman for Best Original Screenplay.
Best Cinematography Betting
The Best Cinematography Award is one of the oldest categories at the Academy Awards, dating back to 1928. Cinematography comprises all on-screen visual elements, including the lighting, framing and composition of a shot, as well as camera motion and angles, the depth of field, and more. This award recognises the best cinematographers for their outstanding work. Previous winners include Erik Messerschmidt with Mank, Roger Deakins with 1917, and Alfonso Cuarón with Roma.
Betting on Other Awards
While the six awards mentioned above are the most popular, many other awards are also presented at the Oscars. The best Oscars betting sites provide odds for these more niche categories as well as the big six. From costume design to visual effects, let’s discover the various other Oscar betting options.
Best Film Editing/Best Visual Effects
The Best Film Editing award closely correlates to Best Picture and is an achievement for exceptional film editing. The most recent winners were Mikkel E.G. Nielsen for the film Sound of Metal, and Michael McCusker and Andrew Buckland for Ford v Ferrari. Similarly, the Best Visual Effects Award goes to those that showed the most exemplary use of special effects and visual illusions within films.
Best Animated Feature/Short Film
The awards for Best Animated Feature Film and Best Animated Short Film are great Oscars betting options. Exclusively for animated films or cartoons, both of these awards go to the most prestigious animated productions of the year. The Oscars define feature films as anything over 40 minutes in length, whereas a short film is “not more than 40 minutes, including all credits”.
Best International Feature Film
Only full-length feature films produced outside the US with predominantly non-English dialogue can be nominated for this award. Before 2020, the award was known as the Best Foreign Language Film. The most recent award went to Denmark’s Another Round, directed by Thomas Vinterberg. Oscars betting odds for this category are often varied and unpredictable.
Best Documentary Feature/Short Subject
Exclusively for documentaries, these two Oscar awards offer recognition to the best documentary films of the year. These categories are usually highly competitive, with close betting odds for all nominees. The most recent winning films were My Octopus Teacher for Best Documentary Feature and Colette for Best Documentary Short Subject.
Best Live Action Short Film
The most esteemed short films are given recognition with the Best Live Action Short Film Award, one of the less-popular Oscar betting options. Academy rules call for the award to be granted to the individuals most directly responsible for the concept and creative execution of the film, typically directors and screenwriters. Recent winning titles include Two Distant Strangers by Travon Free and Martin Desmond Roe, and The Neighbor’s Window by Marshall Curry.
Best Original Score/Song
The Academy presents the Best Original Score award to the most prestigious composers in the world of film. The musical score has to be no less than 60% original, rising to 80% for franchise movies. Similarly, the Best Song Award is presented to songwriters rather than singers. Their piece has to be unique and written specifically for the motion picture.
Best Sound
The Oscar’s Best Sound Award acknowledges the finest sound mixing and editing rather than a musical score or song. These used to be awarded as separate categories but now fall under the same umbrella.
Best Production Design/Makeup and Hairstyling/Costume Design
These three Academy Awards praise the artistic direction in films. As the titles suggest, categories recognise creative talent in makeup and hairstyling, costume design, and overall production design. In 2020, Ma Rainey’s Black Bottom won awards for Best Makeup and Hairstyling and Best Costume Design.
Have you got a pick for the Eurovision Song Contest this year? Check out our guide to Eurovision Betting to find out all you need to know about placing bets on another extremely popular specials betting market.
Other Betting Markets
When wagering on the Oscars, most bettors automatically imagine gambling on the winner or runner ups of each award category. For many UK online sportsbooks, these are the main or only Oscars betting odds available. However, with our recommended Oscars betting sites, betting on who will take home the iconic trophy is only the beginning!
These betting operators also offer niche markets to make wagering on Hollywood’s most prestigious awards even even more entertaining. You can place bets on anything from which films will receive multiple Academy Awards to who will give the longest acceptance speech. This is why we recommend using our top-rated online bookmakers – as you’ll have access to the largest selection of exciting markets going.
Types of Oscars Bets
There are multiple different types of bets available for Oscars betting found at the best online bookies, which can be divided into three categories:
- Win Bet: The most straightforward Oscars betting option is to place a ‘win bet.’ These are available on almost all sports betting sites in the run-up to the event. With these wagers, you are simply putting money on the nominee you think will win the award.
- Accumulator Bet: An accumulator bet is where multiple bet selections are combined as one. For example, you could bet on who would win Best Actor and which film would win Best Picture within the same wager. Accumulators are a favoured Oscars betting option as the odds are combined together, generating a higher potential profit. However, if one or more of your selections doesn’t come in, you will lose the entire bet.
- Proposition Bet: Also called 'props' for short, these wagers refer to the novelty side bets rather than the winner of an award. Examples include 'Who will give the longest acceptance speech?' or 'Who will the Best Actor winner thank first?'
How to Bet on the Oscars
Betting on the Oscars is easy! Simply sign up at one of our recommended Oscars betting sites in preparation for the glamorous annual event. All betting platforms are slightly different to navigate, but most will have a designated Entertainment or Specials betting section. Click on this, and all of the available markets and Oscars betting odds will be displayed on your screen. As the night of the Academy Awards draws closer, more Oscars betting markets will become available.
Have a browse through the available options until you find a bet you’re interested in, be that a bet with odds to win Best Actor or a more niche wager. Once happy, simply click on the bet to add it to your betting slip and type in the amount you wish to stake. If your Oscars betting prediction proves true on the big night, your betting account will be credited with any winnings.
How to Win Your Oscars Bets
If you wish to know how you can make bets on the Oscars that will win, unfortunately, the whole point of betting is that you are taking a gamble. There is no way to know with certainty that your betting prediction will come through until the night. However, there are some helpful tips and tricks that can help you make more educated guesses on which nominees will take home the highly-regarded golden trophy.
Predicting Which Nominees Will Win at the Oscars
Never partake in Oscars betting blind; you must thoroughly research whichever award you wish to bet on. For example, for the Best Actor Award, you’ll want to look at the nominees’ previous track records and whether they have received any other recognition for their performance this year. The same goes for actresses, directors, producers, editors, and composers, giving you an idea of how the result will swing. For example, Critics’ Choice winner for Best Director takes home the Oscars trophy in 75% of cases. Similarly, 60% of Golden Globe winners go on to receive the Best Picture Award.
Moreover, Oscars betting odds can indicate who currently sits as the favourite and who is the underdog. Look at the odds on as many different betting websites as possible and compare the odds on each, which will give you a better and more truthful picture of what the bookies are predicting. If you plan to bet on the favourite, get your bets in early when the odds are at their highest. The closer it gets to the big event, the shorter the odds for the favoured nominees get.
The Oscars Betting – Conclusion
Oscars betting is one of the most exciting ways to get even more involved in the world’s most iconic awards event. Nominations are usually officially announced in mid-January, so get ready to do your research and place your money on who will be taking home those golden trophies.
You can get ahead of the game and register for one of our top recommended Oscars betting sites today. With the best market coverage, most exciting wagering options, and unrivalled odds, Academy Awards betting just got a whole lot more fun at Gambling.com
Join a recommended Oscars betting site, sign up today and step on to the red carpet. While at it, don’t forget to claim a welcome bonus fit for a movie star!
FAQ
Can you bet money on the Oscars?
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Absolutely yes! If a trusted and recommended betting site offers odds on the Oscars, then you can place a bet on the awards. Indeed, betting on the Academy Awards offers novelty betting markets with competitive odds.
Is betting on the Oscars legal in the UK?
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Oscars online betting is legally allowed for adults in the UK. Additionally, all the novelty betting sites recommended on this page have been vetted to ensure that your betting experience is a secure one and they are licensed by authorities such as the UK Gambling Commission.
What are the main categories for betting on the Oscars?
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The 'big six' categories for which most betting sites offer Oscar odds are Best Picture, Best Director, Best Actor, Best Supporting Actor, Best Actress, and Best Supporting Actress.
What is the minimum age for betting on the Oscars?
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Betting on the Oscars, like any other novelty betting, is allowed in the UK for adults over 18 years of age if the online sportsbook in question holds a licence from a legitimate gaming commission, such as the UK Gambling Commission.
How do I place a bet on the Oscars online?
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Once you’ve selected your preferred betting site from the list above, all you need to do is sign up and deposit to get your bonus. From the Oscars odds page, find the optimal odds you want to back, enter your bet amount and hit submit to place your wager.
What type of bets are available on the Oscars?
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Most Oscars wagers available are futures bets so all wagers must be placed before the award ceremony starts. Some bookmakers might offer proposition bets, for instance by allowing betting on how long the winners’ speeches will run, but this is not as common.
How do betting sites predict who will win at the Oscars?
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Bookmakers largely base their odds on a film’s overall critical reception, but also take into consideration which categories a film was nominated in, how it performed at other awards shows, and box office returns.
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