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93rd Academy Awards

Oscars Betting Odds 2021

Posted by Ryan Fowler . Last updated:

Despite the attempt by some movie theatre chains to re-open at reduced capacity, chances are you caught the field of 2021 Oscar nominees while streaming the best Hollywood had to offer in 2020 from the comforts of your couch. Although delayed, the 93rd Academy Awards show will go on and our top-rated online sportsbooks have cooked up Oscar odds for the favorites to take home some hardware on April 25. Nominations have been announced, we’re less than a month away from Hollywood’s biggest night and now is the time to bet on the Oscars online.

Odds to Win Academy Award for Best Picture

The best picture favorite, Nomadland staring Frances McDormand, illustrates how clunky the release calendar was last year. It had a one-week streaming release in early-December, was in select IMAX theatres in late-January and then opened both in theatres and began streaming on Hulu on February 19, 2021. The favorite to win the 2020/21 Oscar for best picture saw an odds jump from -300 a few weeks ago to -600 (bet $600 to win $100). Not bad for a film that was just released to a broad audience in mid-February.

The movie with the second-best odds at +850 (risk $100 to win $850), Trial of the Chicago 7 was originally scheduled to be a broad theatrical release, but due to the pandemic, its distribution rights were sold to Netflix. It was released in select theatres (think big cities) back in September and began airing on Netflix streaming platform come mid-October.

Nominee Odds
Nomadland -450
Trial of Chicago 7 +850
Minari +1200
Promising Young Woman +1400
Mank +2200
Judas and the Black Messiah +2800
Sound of Metal +8000
The Father +8000

All odds via Bovada

Odds subject to change

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Odds to Win For Best Actor/Actress

Best Actor Odds

Chadwick Boseman is nominated for best actor for the film “Ma Rainey’s Black Bottom” – where the late actor remains the favorite at -2000. As you may know, Boseman died of colon cancer in late-August 2020. In the days following his death, it was learned that he was undergoing cancer treatment while filming his breakout role of T’Challa in Marvel’s “Black Panther.”

If Anthony Hopkins could pull off the upset at +800, it would be his second Oscar for best actor after earning the trophy for his haunting portrayal of Hannibal Lecter in 1992’s “Silence of the Lambs.”

Nominee Odds
Chadwick Boseman -2000
Anthony Hopkins +800
Riz Ahmed +1400
Gary Oldman +2500
Steve Yeun +2500

Best Actress Odds

At -175, Carey Mulligan has created some distance on Bovada’s oddsboard as the favorite to win Best Actress. While Andra Day and Frances McDormand both boast odds to win an Oscar of 5-to-1-or-better, bookmakers and betting public continue to back Mulligan for her role in “Promising Young Woman.”

Mulligan earned a best actress nomination back in 2009 for the film, “An Education.” Viola Davis won an Oscar for best supporting actress back in 2017 for her role in “Fences.” Two-time best actress, McDormand has taken home the hardware for her efforts in 2018’s “Three Billboards Outside Ebbing, Missouri” and the iconic 1997 film “Fargo.”

Nominee Odds
Carey Mulligan -175
Frances McDormand +275
Andra Day +450
Viola Davis +1200
Vanessa Kirby +2000

Odds via Bovada

Oscars Betting Visualized

Betting on the Academy Awards has been popular in America for decades. We break down a brief history of Oscars betting as well as some info on this years nominations in this Oscars betting infographic.

Oscars Betting Odds Infographic

Odds to Win for Best Director

Chloe Zhao remains the heavy favorite to win best director at -1200 for her efforts on the best picture favorite, Nomadland. At only 38 years old, Zhao has previously received Independent Spirit Award nominations for her directorial work. Nomadland is just her third feature-length film.

With Aaron Sorkin off the board, David Fincher now owns the second-best odds, at 10-to-1, for his directorial talents on the film “Mank” which takes a look at 1930’s Hollywood and Herman J. Mankiewicz’s efforts to finish “Citizen Kane.”

Nominee Odds
Chloe Zhao -1200 (was -600)
David Fincher +1000
Lee Isaac Chung +1200
Thomas Vinterberg +1400
Emerald Fennell +2000

Odds via Bovada

Odds to Win for Best Supporting Actor/Actress

Best Supporting Actor Odds

Daniel Kaluuya, best-known for his lead role in the film “Get Out,” is now a strong favorite to win best supporting actor at -550 for his work in “Judas and the Black Messiah,” followed by Sasha Baron Cohen +350, known best for his Borat alter-ego, for his portrayal of Abbie Hoffman in Sorkin’s “The Trial of the Chicago 7.” Leslie Odom Jr. (+1500) isn’t on the board for playing Aaron Burr in Disney’s “Hamilton,” but for “One Night In Miami.”

Nominee Odds
Daniel Kaluuya -550
Sacha Baron Cohen +350
Leslie Odom Jr. +1500
LaKeith Stanfield +2500
Paul Raci +2500

Best Supporting Actress Odds

Three supporting actresses with better than 5-to-1 odds makes the category the tightest on the board. The favorite at EVEN money, 24-year-old Maria Bakalova, has shot up the oddsboard for her role as Tutar Sagdiyev, Borat’s daughter, in Borat Subsequent Moviefilm. She made headlines last fall when a clip featuring her and Rudy Giuliani in an out-of-context compromising position went viral on social media. Speaking of which, Bakalova and Giuliani are the favorites to win the 2021 Razzie for “Worst Screen Combo” at -275.

Youn Yuh-jung’s career dates back to 1969 when she won an award for best new talent. Over the next five decades, Yuh-jung was nominated for dozens of awards and won time after time. With her resume, you could do a lot worse than +175.

At 73 years old, and knowing the wide range of films she’s appeared in, it’s amazing to learn that Glenn Close has never won an Academy Award. She has a shot to stop the skid in late-April and with solid odds at +425 for her role in Ron Howard’s “Hillbilly Elegy.”

Nominee Odds
Maria Bakalova EVEN
Youn Yuh-jung +175
Glenn Close +425
Amanda Seyfried +1200
Olivia Colman +1200

Odds via Bovada

More Oscar Odds 2021

Odds To Win Best Adapted Screenplay

Odds To Win Best Adapted Screenplay

For those who don’t know, the “Best Adapted Screenplay” category is defined as best screenplay adapted from existing material like the ever-popular novel, but can also be from plays, musicals, TV series, and film characters.

The heavy favorite to win the 2021 Oscar for best adapted screenplay is Nomadland (-450) and is based on the 2017 non-fiction book Nomadland: Surviving America in the Twenty-First Century by Jessica Bruder.

Odds To Win Best Original Screenplay

Odds To Win Best Original Screenplay

The “Best Original Screenplay” category is for best screenplay NOT based on previously published material.

“Promising Young Woman” has supplanted Aaron Sorkin’s “The Trial of the Chicago 7” as the favorite to win at -200 and +150, respectively.

Best Animated Feature Film

Best Animated Feature Film

Per the norm, Disney-Pixar produced another critically-acclaimed animated feature film that is the heavy favorite to win.

“Soul,” -900 (risk $900 to win $100), is the story of a middle school music teacher whose soul and body are accidentally separated just before a big career break. It’s also the favorite to win best original score, -800.

Best Costume Design

Best Costume Design

While most Academy Awards categories feature strong favorites to win, Best Costume Design is neck-and-neck.

Both “Emma” and “Ma Raineys Black Bottom” are +120 to win. “Emma” is a period piece film based on Jane Austen’s novel of the same name. Ma Rainey is an influential jazz singer and the film chronicles a turbulent recording session set in 1920’s Chicago.

Best Visual Effects

Best Visual Effects

Christopher Nolan is on record that his movies are made to be seen in classic movie theatres and not streaming on one’s home couch and while “Tenet” didn’t really resonate with desperate moviegoers in 2020, the film is the favorite to win Best Visual Effects, -450.

The Razzies

The Razzies

The Golden Raspberry Awards, better known as the Razzies, is a parody awards show honoring the worst Hollywood had to offer in 2020.

For example, My Pillow founder and CEO, Mike Lindell is up for worst actor for his role in “Absolute Proof,” a film that claimed a Chinese cyberattack “flipped” the 2020 election in favor of President Joe Biden.

“Music” staring Kate Hudson is the favorite to win the award for Worst Picture and Rudy Giuliani is the -600 heavy favorite to win for Worst Supporting Actor following his uncomfortable cameo in Borat Subsequent Moviefilm.

2021 Oscar Awards Prop Bet Odds

With final Oscar nominations announced, top entertainment sportsbooks have cooked up some unique Academy Award specials and prop bet odds for viewers to wager on.

In the spirit of the uber-popular major sporting event National Anthem run time, Bovada posted Over/Under prop bet odds on how long the Best Actor / Actress acceptance speech will take before the band plays them off stage.

Best Actor/Actress Acceptance Speech Time  Odds
Over 142 seconds (2 minutes 22 seconds) -120
Under 142 seconds (2 minutes 22 seconds) -120

It’s been a stressful year for all of us. So, it shouldn’t come as a surprise that within these once-in-a-lifetime speeches bookmakers believe somebody will let a curse word (or words) fly.

Total Bleeps During ALL Acceptance Speeches Odds
Over 1.5 +155
Under 1.5 -220

Once again, bookmakers dip into popular sporting event props to offer who the Best Actress/Actor thank first during their acceptance speech. Based on the favorite’s odds, these performers know who butters their bread. It’s also a great sign that God comes in as the 8-1 underdog value pick.

Who Will the Best Actor / Actress Thank First Odds
The Academy +110
Husband/Wife/Partner +275
Director +350
Mother/Father +700
God +800

And in this age of Zoom video conferencing, the Oscars are no exception as bookmakers are banking on the chance of some technical difficulties during the 2021 Oscars.

Will Any Video Call Be Dropped In The Middle Of Any Acceptance Speeches Odds
Yes +150
No -200

Prop Bet Odds via Bovada. Subject to change and/or come on and off board.

Oscars Memorable Moments

Who doesn’t love a good underdog story? It’s easy to root for the favorites and just last year, at the 2020 Academy Awards, nearly everybody** who was expected to win in the top categories headed home with an Oscar. Joaquin Phoenix’s odds to win best actor for his lead role in “Joker” were -4150, which meant to win $100, you would have needed to risk $4150. Brad Pitt’s odds to win best supporting actor were -4250 for his chops in “Once Upon A Time In Hollywood,” Renee Zelweger -1175 for best actress and Laura Dern -1650 for best supporting actress.

So, here’s to some of the biggest dogs to shock the world on Hollywood’s biggest night.

Oscars betting odds history Braveheart

Best Picture

Since 1974, the film with the highest odds to win an Academy Award was 1996’s “Braveheart” at +600, or 6-to-1, while Steve Harvey’s favorite movie of all-time – “Moonlight” – was close in 2017 at +450.

Susan Sarandon oscars betting odds

Best Actress

While seven out of the last eight leading ladies to win best actress were heavy, heavy favorites, Susan Sarandon pulled the upset with 8-to-1 odds back in 1996 when she won Best Actress for her role in “Dead Man Walking.”

Oscars betting history best actor

Best Actor

Since 2003, only three actors possessed plus-money odds to win Best Actor and won at the Academy Awards. Adrien Brody’s portrayal of a pianist caught in the middle of a German-occupied Warsaw ghetto during World War II earned him Best Actor at +800 for “The Pianist.”

oscars betting history best director

Best Director

Mentioned at the top of this history montage that nearly every heavy favorite won at the 2019 Oscars. Well, Bong Joon Ho’s thriller “Parasite” won best picture at +173, while Ho became the first underdog director to win since 2013.

2017 Oscars odds best picture flub

2017 Best Picture

And who can forget the famous flub back in 2017 when Faye Dunaway and Warren Beatty took the stage to present the Oscar for Best Picture and Beatty announced “La La Land” rather than the true winner, “Moonlight.”

Cunning bookmakers at Bovada have odds that it happens again in 2021:

Will A Presenter Announce the Wrong Winner? Odds
Yes +1400
No -10000

How to Watch the Oscars

The 93rd Academy Awards were initially scheduled to air on February 28, 2021, but were pushed back to late-April due to pandemic restrictions. The hope remains that the annual event will be a LIVE television production with an in-person audience inside the Dolby Theatre in Los Angeles, California with presenters likely to pop up at various locations during the broadcast. If you’re looking to advertise, a 30-second commercial spot will cost ya as the television audience of the Oscars ranks second only to the Super Bowl every year.

93rd Academy Awards How to Watch Information
Date: April 25, 2021 | Time: 8:30 p.m.
Original Date: February 28, 2021 (pandemic delayed)
Where: Dolby Theatre, Other Locations | Los Angeles, California
LIVE or Virtual Audience: Expected to host live, in-person audience
TV Coverage: ABC
Host: None
Viewership: 23-million in 2020 (all-time low), second-largest annual audience behind Super Bowl
30-Second Commercial Cost: Up to $2.8-million in 2020
Top Oscars Betting Site: Bovada

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