Oscar Betting Odds

• Oscar Betting Odds Best Actress
• 2021 Oscar Betting Odds
• 2020 Oscar Betting Odds
• Oscar Betting Odds Best Picture

Casino. The Hustler. The Sting. What do these movies have in common?

For starters, they’re all about gambling. They were also each recognized by the Academy of Motion Picture Arts and Sciences as representing the very best in film, garnering nominations if not several outright wins.

Despite Hollywood’s love affair with chance, local legislatures (and irony) have largely prevented American movie fans from betting on the Oscars. When the nominees for the 93rd Academy Awards are announced on Monday, March 15th, gaming enthusiasts/film buffs around the country will be chomping at the bit to turn their preferences into payouts. Only a relative handful will be able to do so.

Nomadland, the Oscar odds betting favorite at +225, will be released next month and stars Frances McDormand, who won the Best Actress award in 2018 for her leading role in Three Billboards Outside Ebbing, Missouri. Culture Oscars Betting odds Movies Film Movie Fans who want to add to the excitement and win some extra cash on Oscar night can check the sportsbooks for betting odds on all the films nominated.

Bet on 2021 Oscars at Sports Interaction, with online sports betting on the 89th Academy Awards odds. New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 60 days. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. Payment restrictions apply. SMS validation may be required. Oscars Betting Odds for the 92nd Academy Awards Sunday, Feb 9, 2020 8:00 p.m.

Where Can You Bet on the Oscars?

To date, New Jersey and Indiana are the only two states where you can put odds on the Oscars, via sportsbooks. With the rising popularity and growing adoption of online gambling nationwide, though, it may not be long before “Supporting Actor” ties “Super Bowl” for the hottest wager in town.

Whether you’re a Hoosier or a resident of the Garden State, there is no shortage of sportsbooks to choose from. Check out our guides to the best sportsbook apps in each state, from brand-name blockbusters to the hip little indies that have everyone buzzing.

Which Films Might Be The Favorites At Popular Sportsbooks?

Whether you’re laying down cash at a sportsbook or just wagering with friends, 2021 is sure to be one of the most hotly contested Oscar races in years. There don’t appear to be any hard-line divisions between movies like there were in the bad old days of Pulp Fiction versus Forrest Gump, Boyhood versus Birdman, or Green Book versus Anything Else.

If the Golden Globe nominations are any indication (and they usually are), this year will see an escalation of the debate over the legitimacy of streaming-service films versus traditional theatrical releases. When the global pandemic knocked most movie theatres (and, by extension, big-screen movies themselves) out of commission last year, once emerging forces like Amazon, Hulu, and Netflix began pushing hard for their On Demand offerings to snag as much Oscar gold as possible.

Some of the most talked-about films and performances still belong to traditional studios. Searchlight Pictures’ recession-road trip drama Nomadland topped several “Best of 2020” lists, with high praise for director Chloé Zhao and star Frances McDormand.

Likewise, Emerald Fennell’s Promising Young Woman is shaping up to be a description of the actress-turned-writer/director’s Best Picture and Best Director prospects. The Focus Features thriller is getting a lot of attention for its unconventional take on the revenge picture, with star Carey Mulligan delivering one of the most talked-about performances of last year.

On the flip side, there are too many streaming contenders to describe in detail here. Just look up the credits for Amazon’s One Night In Miami and Sound of Metal; Netflix’s Mank, The Trial of the Chicago 7, and Ma Rainey’s Black Bottom; A24/Apple’s On the Rocks; or even Palm Springs from Neon/Hulu, and you’ll trip over possible nominees (and likely surefire winners) in multiple categories.

As the statue wars rage between studios like never before, it’s audiences who will emerge the clear winner in 2021. Unlike years past, movie lovers won’t have to hit up the local art theatre (or any theatre) to prepare for the live April 25th broadcast. In many cases, the best of the best are only a rental or a “Watch Now” away.

Hopefully betting on these films will be just as easy and, as they say in the trailers, coming soon.

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“Oscar’s Grind” is the nickname given to a betting system popularized by Allan Wilson in the mid-1960s. It is almost exclusively applied to even-money binary propositions, like the flip of a coin or, in the context of sports betting, covering the spread.

It’s like the D’Alembert System, to some extent, but whereas D’Alembert increases bet size after a loss, Oscar’s Grind aims to capitalize on winning streaks by increasing bet size after a win (while waiting out losing streaks).

Below, we explain how Oscar’s Grind operates and why it doesn’t actually work in real life.

How Does Oscar’s Grind Operate?

Oscar’s Grind divides betting into “sessions” and “units.” Every session begins with a one-unit bet and ends when the bettor has achieved a one-unit profit.

Oscar Betting Odds Best Actress

For most people, using actual dollar amounts makes it easier to understand.

Pretend that your “unit” is $100. Each of your sessions will start with a $100 bet. It will end only when you have a $100 profit.

For mathematical ease, pretend that there is no juice when betting against the spread (“ATS”), and that winning a $100 ATS bet will result in a $100 profit. (In reality, it results in a $90.91 profit with the standard -110 odds in effect.)

In the event that you win your first bet of $100, you have achieved the sought-after $100 profit and a new session starts.

In the event that you lose your first $100 bet, Oscar’s Grind dictates that you continue to bet $100 (a.k.a. one unit) until you win a wager. When you (eventually) win a wager, the bet size doubles to $200. It remains $200 until either:

1. You lose again, at which point it increases by another unit (to $300), or
2. betting a lesser amount could potentially result in a $100 profit.

Again, using examples will make this easier to understand.

2021 Oscar Betting Odds

A Good Day at the Office with Oscar’s Grind

As you can see, each time you win, your stake is increasing by $100. In this example, you wound up $100 ahead after seven bets. But it’s not hard to envision how this could go very, very poorly and wipe out your entire bankroll in a matter of 10 or 15 wagers.

A Bad Day at the Office with Oscar’s Grind

In the second example, you went 3-8 ATS. A bad week, yes, but common enough if you bet regularly. Following Oscar’s Grind, you’re down $1,500. If you won your next bet, you would be down $1,100 again and your bet size would increase to $500. You would still need to win three straight bets at that point to get back on the positive side and end the session.

If you didn’t win those three bets, you would the be wagering at least $600 going forward. That’s six times as much as you started betting. A six-fold increase is a lot for any bettor.

Successful sports betting, in the long term, requires smart bankroll management and diversifying investments. It doesn’t tend to include wagering exorbitant portions of your bankroll on the next game because some mathematically flawed betting system says so.

Why Doesn’t Oscar’s Grind Work in Real Life?

The Wikipedia entry on Oscar’s Grind puts it as succinctly as I ever could: “[I]f you have an infinite amount to wager and [infinite] time, every session will make a profit. Not meeting these conditions will result in an inevitable loss of your entire stake in the long run.”

Hopefully, that makes it clear why this is not a betting strategy to be blindly followed, but if it doesn’t, we’ll explain further.

2020 Oscar Betting Odds

You could get lucky following Oscar’s Grind for a period of time. If you do it repeatedly, however, your account balance is going to hit zero.

You don’t have an infinite amount to wager or an infinite amount of time. .

You could get lucky following Oscar’s Grind for a period of time. If you do it repeatedly, however, your account balance is going to hit zero when you encounter a bad losing streak. In a vacuum, winning one bet does not make it any more likely that you’re going to win your next bet. They are independent events that are not causally connected.

If you would like to learn more about different approaches to wagering that have been developed over the years, head to our betting strategy section.

Oscar Betting Odds Best Picture