A Guide to Oscars Betting

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A guide to Oscars betting - 2020 Academy Awards
This helpful guide to Oscars betting will tell you all about 2020 Academy Awards wagering.

Now, you will be excited to know that you can get in on Oscars betting this time of year. But, if you are a sports betting fan, you will need to adjust the way you bet. This guide will teach you all the ins and outs in order to bet on the Oscars. 

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What is Oscars Betting?

For those of you who have never bet on the Oscars, you may be curious as to what that entails. But, it is very simple to understand how to bet on the Academy Awards. Oscars betting is simply where you place a bet on your prediction for the winner of an award category. 

So, you will want to be sure you are aware of all of the Oscars favorites before you put your money down. You will also need to make sure you understand things like Academy Awards odds. But for now, the answer to can you bet on the Oscars is a resounding yes!

Where to Bet on the Oscars

So, if you are going to be betting on the Oscars, you will need to know where and how. Right now, only residents of the legal gambling age in Indiana and New Jersey are able to legally place their Oscar bets online. Which means, residents of both New Jersey and Indiana will need to know which online sportsbooks are allowing NJ Online betting on the Oscars. 

Where to Bet on the Oscars in NJ

If you are in the state of New Jersey and are of legal betting age, you will need to know where to get all your Oscars odds. But, you do not need to look very far to find the best places to get in on the Oscars betting action. And, you can find everything you need including Oscars betting odds on some of your favorite online sportsbooks.

The bet365 online sportsbook is one of the favorite sportsbooks of many sports betting fans. And, it has a great welcome offer for new customers who are looking to create an account. So, if you are in New Jersey, you should check out this online sportsbook for your betting needs

Open Account Offer
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Open Account Offer Up to $100 in Bet Credits for new customers at bet365. Make a qualifying deposit (min $10), place bets to deposit value, once they are settled, matched amount in Bet Credits available to use. Bet Credits risk excluded from returns. T&Cs apply. Full T&Cs

The FOXBet online sportsbook has the benefit of being the first online sports betting site from a major media conglomerate. So, you can always find the newest and best features on this online sports betting site. And, with the competitive sign up bonus, you can create an account easily.

$1,000 sign up bonus ($500 risk-free bet + $500 deposit match)
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The FanDuel brand started out as one of the best daily fantasy sports sites out there. Now, FanDuel also has one of the best online sports betting sites available. So, you should make sure to check out FanDuel for the Oscars betting odds that you need. 

Risk-free bet up to $500
Get up to a $500 refund in site credit if you lose your first bet!
First online wager only. 21+ and present in PA, NJ, WV or IN. Sign up and make your first wager within 7 days, and If It loses, we'll refund it up to $500 in site credit. Site credit is non-withdrawable and winnings earned from the site credit cannot be withdrawn until your wager an amount equal to the site credit. See full terms and conditions at sportsbook.fanduel.com. Gambling problem? Call 1-800-GAMBLER or in WV, visit www.1800gambler.net or in Indiana, For Help With a Gambling Problem, call 1-800-9-WITH-IT. Terms apply. Full T&Cs

Just like FanDuel, the DraftKings brand launched itself as a daily fantasy sports site originally. And, the DraftKings online sportsbook is one of the most impressive sports betting sites on the market. So, you know you can trust any Oscar betting odds you find on the DraftKings online sportsbook. 

SIGN UP BONUS UP TO $1,000* AWARDED AS RISK-FREE BET + DEPOSIT BONUS!
If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER (NJ, PA & WV), 1-800-9-WITH-IT (IN). 1-800-522-4700 (NH), or 1-800-BETS-OFF (IA). Gambling problem? Call 1-800-522-4700 (CO). *21+. NJ/IN/NH/WV/PA/IA/CO only. A user’s first deposit (min. $5) made between 5/13/20 – 8/17/20 qualifies the user to receive up to $500 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $500 (the user must deposit $2,500 to be eligible to receive the maximum possible bonus amount of $500). Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their player account (e.g., a $2,500 deposit requires a user to play through a cumulative total of $12,500 in daily fantasy contests, sportsbook (-300 odds or longer), casino products, or any combination thereof to receive the maximum possible bonus amount of $500). The play-through requirement must be met 90 days from the date of first deposit to receive maximum bonus. After such date, you are ineligible to earn any additional bonus funds as part of this promotion. Limit one (1) deposit bonus per user. Users who made a deposit between 5/1/20 - 5/12/20 and received a deposit bonus offer are ineligible for this promotion. Promo ends 8/17/20. First bet matched up to $500. Free bet must be used within 30 days of first bet. Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable. First bet promo ends 8/17/20. Full T&Cs

Where to Bet on the Oscars in IN

Now, if you are a resident of Indiana, and you are of age to gamble, you will need your Oscars odds. However, it will be really easy to find places that have the best film odds you need. Luckily, some of the online sports betting sites we have just looked into also offer Oscars betting in Indiana.

  • DraftKings Sportsbook
  • FanDuel Sportsbook

Oscars 2020 Odds

Here is a list of the main categories for the Oscars and the Oscar odds from DraftKings taken on February 4th, 2020, they are subject to change.

Best Picture Odds

Best Picture may just be the most important award of the night. Which means, you will definitely need to know the Oscar odds for Best Picture. The following odds will help you make your betting picks for the Academy Awards.

Best PictureDraftKings Odds
1917-230
Once Upon a Time in Hollywood+550
The Irishman+5000
Little Women+10000
Ford v Ferrari+25000
Parasite+450
Joker+1400
Jojo Rabbit+8000
Marriage Story+10000

Currently, 1917 from director Sam Mendes appears to be the Oscars favorite to win the Best Picture Oscar. But, either Parasite or Once Upon a Time in Hollywood could sweep in and steal the big award. The movie with the worst odds is Ford v Ferrari this year in the Oscars.

Best Actress Odds

The Best Actress Oscar is one of the most important acting categories. Which means, it is a great category for you to place your bets on. You should have a look at the Oscar odds for the Best Actress Academy Award below.

Best ActressDraftKings Odds
Renee Zellweger-2500
Charlize Theron+3300
Saoirse Ronan+3300
Scarlett Johansson+1000
Cynthia Erivo+2500

Renee Zellweger seems poised to win her second Oscar for her performance as Judy Garland this year. However, double nominee Scarlett Johansson may be able to steal the award if she gained some traction with voters. Both Charlize Theron and Saoirse Ronan have the worst odds at taking home the coveted trophy.

Best Actor Odds

Best Actor is the other major acting award category that everyone is very excited about. So, you should definitely make sure to check out the Oscar odds for this award. And, maybe you will be able to place a winning bet on the actor of your choice.

Best ActorDraftKings Odds
Joaquin Phoenix-3335
Leonardo DiCaprio+3300
Jonathan Pryce+5000
Adam Driver+1000
Antonio Banderas+5000

There are overwhelmingly large odds proving that the Oscars favorite for Best Actor this year is Joaquin Phoenix. No other actor has odds that are anywhere close to those of the Joker actor. However, Adam Driver could prove to be a surprising winner if he manages to take home the trophy.

Best Supporting Actress Odds

The Best Supporting Actress Award is one of the most fun award categories each year. So, you should definitely think about placing a bet on this category this year. You can use the odds below to decide who you should place your wager on.

Best Supporting ActressDraftKings Odds
Laura Dern-2500
Florence Pugh+1200
Kathy Bates+5000
Margot Robbie+1000
Scarlett Johansson+2500

This year, there are many categories that have a clear favorite to win. In this instance, actress Laura Dern has the edge on the other actresses in this category. The second best odds go to Margot Robbie who had several big movies open this year.

Best Supporting Actor Odds

The final major acting award that we will look into is the Best Supporting Actor award. This category is one that has been known to surprise in the past. So, you can place a bet on this award to add some excitement to your Oscars betting night.

Best Supporting ActorDraftKings Odds
Brad Pitt-2500
Al Pacino+2500
Anthony Hopkins+5000
Joe Pesci+1000
Tom Hanks+2500

This year, there is another frontrunner in the Best Supporting Actor category. Multiple Oscar nominee Brad Pitt may just take home his first Oscar. However,veteran actor and Oscar winner Joe Pesci potentially could come in and take his Academy Award show glory.

Best Director Odds

Finally, we will be looking into one of the biggest categories of the night, the Best Director Oscar. Many are hoping to see an upset in one of the major categories this year. So, it is a good idea to prepare for your bets by looking at the odds for this huge award.

Best DirectorDraftKings Odds
Sam Mendes-670
Quentin Tarantino+1200
Todd Phillips+5000
Bong Joon Ho+375
Martin Scorsese+2800

There are many out there who hope the frontrunner for Best Director does not win. While Sam Mendes is a shoe in to win the Best Director Oscar, many are pulling for Bong Joon Ho. Bong Joon Ho’s sleeper hit Parasite has broken barriers and put him at the head of the race. 

How to Read Oscars Odds

It is incredibly important that you learn how to read odds before placing your bets. You use odds to predict the outcome of a certain event, like sports games or the Oscars. And, you can also use odds to calculate what your winnings will be for a successful wager..

You will find Moneyline odds on the majority of American online sportsbooks. These odds can also be called American odds because of the American preference for these kinds of odds. The odds are told in terms of $100 wagers..

In reading Moneyline/American odds, negative numbers will tell you which competitor or competitors is the favorite to win. A positive number will tell you if a competitor is less likely to be the victor. But, the lower the positive number the more favorable it is.

Where to Watch the Oscars Live

The 92nd Academy Awards will be held on Sunday, February 9th, 2020, airing at 8 p.m. ET. The ceremony will be at the Dolby Theatre at Hollywood & Highland Center in Hollywood, CA. This year, the Oscars are hosted by the ABC network.

If you have cut the chord and do not have cable, you can still watch the Oscars. The Oscars will be live on the ABC website, but you may need a cable subscription to access this service. You can also use Disney+ or go.com to stream the Oscars live from a device of your choice. And, you can check out the Oscars official website for clips as well as live updates.

So, you can place your bets on the Academy Awards and then watch as they air. This can make watching the awards even more fun and exciting. Now, sit back and watch to see if your favorite movie will take home an award this year!

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If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER (NJ, PA & WV), 1-800-9-WITH-IT (IN). 1-800-522-4700 (NH), or 1-800-BETS-OFF (IA). Gambling problem? Call 1-800-522-4700 (CO). *21+. NJ/IN/NH/WV/PA/IA/CO only. A user’s first deposit (min. $5) made between 5/13/20 – 8/17/20 qualifies the user to receive up to $500 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $500 (the user must deposit $2,500 to be eligible to receive the maximum possible bonus amount of $500). Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their player account (e.g., a $2,500 deposit requires a user to play through a cumulative total of $12,500 in daily fantasy contests, sportsbook (-300 odds or longer), casino products, or any combination thereof to receive the maximum possible bonus amount of $500). The play-through requirement must be met 90 days from the date of first deposit to receive maximum bonus. After such date, you are ineligible to earn any additional bonus funds as part of this promotion. Limit one (1) deposit bonus per user. Users who made a deposit between 5/1/20 - 5/12/20 and received a deposit bonus offer are ineligible for this promotion. Promo ends 8/17/20. First bet matched up to $500. Free bet must be used within 30 days of first bet. Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable. First bet promo ends 8/17/20. Full T&Cs

Read more about the Oscars

Oscars predictions: 2020 Oscar picks

Oscars odds: Best Picture odds

Best Actor odds

Best Actress odds

Best Director odds

A Guide to Oscars Betting

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