Can you bet on the Oscars is a question we sometimes get asked and the answer is – Yes! The Oscars are widely regarded as the most prestigious film awards and, if you’re good at spotting Hollywood talent and trends, there’s a good chance you can make money from betting on the Oscars.
Where Can I Bet On The Oscars?
If you’re betting on the Oscars in the United Kingdom or other parts of Europe, you’ll find that there are a variety of popular betting sites that offer odds for who wins various awards. These sites include, but may not be limited to, Sky Bet, 888, William Hill, Betfair, BetVictor, Paddy Power, Unibet, and Betway.
When opening an account with any of these betting sites, you should be able to claim a welcome offer such as a free bet that you can use to bet on a variety of markets. These may include the Oscars, but please always check the terms and conditions.
What Bets Can I Have On The Oscars?
Most bets that are available on the Oscars are win bets, and these are available on many popular categories such as ‘best picture’ and ‘best actress’. The odds for the various nominees to win will differ in each section depending on how likely they are to win. Odds for Oscar betting are also subject to supply and demand, so snap up the odds quickly if you think they’re too big.
For example, if you think 5/1 for Jenifer Hudson is too big to win best actress, make sure you take those odds before they get cut. A £20 bet on Jennifer Hudson to win at 5/1 (6.00) would win you £100 + your £20 stake back for a total return of £120.
When the Oscars are nearly upon us, you may also find that some betting sites offer prop bets. These are bets that will have no influence on who will win the awards and are normally to do with some hot topic that’s trending in Hollywood. You’ll normally be able to bet on how many times someone is mentioned, as well as daft things such as will someone’s thank you speech gets cut short.
Oscars Betting Strategy
You need to be a bit more than a fan of the Fast and Furious franchise if you want to make money from betting on the Oscars, and you’ll need to put in some work and follow a tried and tested betting strategy.
Whether you like all the nominations or not, it’s a great idea to watch all the movies. But you need to do more than just watch them, as you also need to contextualize what they’re saying about the human condition right there and now.
You also need to know how the voting works at the Oscars. There are 5,830 voters that vote on each category and the winners may not follow general public opinion. While some films are powered by expensive campaigns that catch your eye everywhere you go, artistic merit and performance are also big criteria when it comes to the Oscars.
Despite that, it’s also a great idea to keep an eye on what’s in and what’s not. Films are released throughout the year and, while an early release could be touted as an Oscar-winning film, these can be almost forgotten by the time the Oscars come around in February.
Of course, you also need to dissect a film and its actors on a separate basis as, just because an actress may win the best actress award, it does not mean the film will win the best picture award or any of the other categories such as best original song, best director, etc.
There’s also money to be made in betting on categories such as bet production design, best cinematography, and best original screenplay, if you understand their nuances.
The Oscars markets can also be affected by other award ceremonies, such as the Golden Globes and the People’s Choice Awards, but remember that only the 5,830 people that vote on the Oscars have a say in what will win them.
Sure, some films take awards at all these ceremonies, but you can get juicy odds about films and actors if you think that the Oscars will differ from them.
Should I Bet On The Oscars?
There are always two considerations with any form of betting, which are you betting for fun or are you betting to win money. If you’re betting for fun, then there’s no harm in having a bet on the Oscars if it enhances your night of watching the awards. Just remember to keep your stakes to an amount of money that you can afford to lose.
If you’re serious about making money from betting on the Oscars, then have you got the knowledge to do so. If you have, then crack on and make some money. But it’s not easy to make a lot of money betting on the Oscars.
However, if you don’t have the skills, but still want to make money from betting on the Oscars, you might want to consider betting on other exciting events such as sports.
Is Sports Betting Better Than Betting On The Oscars?
While we all love the movies, here at Betting Gods we pride ourselves on finding some of the best sports betting tipping talent in the business. And, while there’s only one Oscars every year, there’s sports betting 365 days a year!