• Oscars Betting System
• Oscars Betting Odds
• Oscars Betting Odds
• Oscars Betting

In 2019, the New Jersey Division of Gaming Enforcement gave sportsbooks the all-clear to accept wagers on the Oscars. It was an unforged territory for regulated US sports betting, to great success. New Jersey was the only state that offered legal Oscar betting last year, but Indiana joined the party in 2020. Conducted annually, the Oscars are the signature event for Hollywood (and the entertainment business as a whole) where awards for excellence in cinematic achievement are doled out. In addition to the glitz and glamour of the Oscars, the Academy Awards present a good betting opportunity.

2020 has been an extremely difficult year for the world’s film industry. Many movies slated to come out this year have been pushed back and cinemas are struggling to stay afloat. Despite all of the difficulties, a number of great films have come out this year. Recently, odds on the 2021 Academy Awards have come out online.

There are many questions that surround next year’s award ceremony. Will crowds be allowed in attendance? Will any categories be removed? We’ll need to wait and see.

Today, I’m going to break down some of the odds currently being offered on the 93rd Academy Awards. These odds are being provided by MyBookie, one of the best online sports betting websites in the world.

Let’s get started!

Bet on 2020’s Best Picture Winner

Best Picture is always the most highly-anticipated award of the Oscars. It’s given to the film that critics feel was the best of the year. There are a number of top contenders to win Best Picture this year. Below are some of the most likely options.

TENET: +800

Any time Christopher Nolan releases a movie, it’s a big deal. Prior to 2020, it seemed likely that TENET would become a massive box office hit. For obvious reasons, that did not turn out to be the case, yet it remains the third highest-grossing film of the year.

TENET received acclaim for its acting and visual effects. Some, however, felt the movie’s story was overly confusing. As of now, it’s the betting favorite to win Best Picture with current odds of +800.

Dune: +900

Dune is one of the most celebrated sci-fi novels of all-time. Most agree that the 1984 film adaptation failed to capture the magic of the book. Now, more than 35 years later, another Dune film is slated to be released. Don’t expect to watch it in 2020, though.

Due to the state of the cinema industry, Dune has been pushed back to October of 2021. It certainly makes sense from a financial standpoint, yet many are disappointed. Interestingly, this movie is still listed with other odds on the 2021 Academy Awards to win Best Picture.

Mank: +900

At this point, every time Gary Oldman is part of a film, it’s safe to assume the movie will be superb. Mank tells the story of Herman J. Mankiewicz and his attempts to finish Citizen Kane. It’s currently expected to be released on December 9th through Netflix.

Mank seems guaranteed to impress the critics. It’s also a favorite to win Best Picture this year. With odds of +900, a bet on this one could earn you some serious cash. It wouldn’t be a surprise to see Mank listed as the Academy Award betting favorite once it’s released.

Bet on 2020’s Best Actor Winner

Some argue that Hollywood is losing some of the magic it possessed a few decades ago. That may be the case, yet there’s no doubt that acting performances are as good as they’ve ever been. Here’s a look at some of the lead actors most-likely to receive an Academy Award this year.

Tom Hanks: +500

Perhaps no actor is as famous today as Tom Hanks. He hasn’t lost a step over the years and is once again on the track for an Oscar. It’s not entirely clear, however, if he’s listed here for his role in Greyhound, or the upcoming News of the World.

Either way, the oddsmakers seem to feel he’s likely to win. With current odds of +500, Hanks remains the betting favorite to win the Best Actor award. This may change sometime between now and the award ceremony next year, though.

Eddie Redmayne: +800

38-year-old Eddie Redmayne is no stranger to the Academy Awards. He’s been nominated for Best Actor twice, winning one of them. Now, Redmayne is a part of the odds on the 2021 Academy Awards for his performance in The Trial of the Chicago 7.

This film was released in select theatres on September 25th. Based on what’s being said, Eddie Redmayne knocked it out of the park as Tom Hayden. He currently holds odds of +800 to win his second Best Actor Academy Award.

Gary Oldman: +800

And we’re back to Gary Oldman. As we just mentioned, he’s the lead actor in the upcoming Mank film, slated to be released this December. Oldman already won this award back in 2018 and many feel he’ll do the same at the 93rd Academy Awards.

Mank has yet to be released and it’s still unclear exactly how well Oldman managed to portray Herman Mankiewicz. It’s probably safe to assume he succeeded, though.

Bet on 2020’s Best Actress Winner

This may be even more competitive than the Best Actor award. 2020 featured a number of stellar acting performances from women around the world. As of now, there are two candidates that seem most likely to get the nod.

Viola Davis: +500

Viola Davis has been a world-class actress on the big screen for decades. In 2011, she was awarded for her first Academy Award. She’s since been awarded twice more, winning one of them.

This year, Davis will star in the yet-to-be-released Ma Rainey’s Black Bottom. The film is set to be released on December 18th, 2020 through Netflix. Davis leads these odds for the 2021 Academy Awards at +500.

Amy Adams: +700

It’s clear that Netflix is releasing most of 2020’s biggest films. That’s certainly the case with Hillbilly Elegy, set to be released in November, although that is being disputed.

Amy Adams is said to be the star of the show and she’s now listed as one of the favorites to win Best Actress for her role.

With Ron Howard directing, many feel this could be one of 2020’s best films. Interestingly, not a single trailer for the movie has been released yet. Not much is known about the movie, yet many feel confident that Adams will put on the performance of a lifetime.

Glenn Close: +800

Glenn Close was nominated for her first Oscar back in 1983. Since that time, she’s received six other nominations but hasn’t managed to win. Many feel this will change at the 93rd Academy Awards next year with her performance in the aforementioned Hillbilly Elegy.

At 73 years old, Close may be reaching the end of her acting days. The Academy is likely to recognize this fact and may be sympathetic towards her failed Oscar attempts in the past. Of all the 2021 Academy Awards being listed here, Glenn Close may have the best.

Odds on the 2021 Academy Awards – Honorable Mentions

Mybookie is offering a wide range of incredible odds for next year’s Oscars event. The ones listed above are likely the most popular for bettors. Below are some of the other ones that I felt offer some great opportunities to win.

Will a Foreign Film be Nominated for Best Picture?

At the 92nd Academy Awards, Parasite was named the best film of 2019. It was the first time that a foreign film managed to receive this award. You can now place a bet on whether or not a foreign film will be nominated for Best Picture this year, too.

Will Steven Speilberg be Nominated for Best Director?

Steven Speilberg is widely considered one of the best film directors of all-time. He’s created several masterpieces including Schindler’s List, Saving Private Ryan, and Jaws. Think he’ll receive a Best Director nomination for 2020?

Who Will Host the 93rd Academy Awards?

For several reasons, the 92nd Academy Awards ceremony took place without an official host. Prior to the event, many felt this would end up being a disaster. It seemed to go much better than many predicted and some now feel the same should be done next year.

Oscars Betting System

These are just a few of the options. Make sure to visit one of our best entertainment betting sites for a full list of odds on the 2021 Academy Awards. Let us know which film you think wins Best Picture in the comments section below!

Oscar's Grind is a betting strategy used by gamblers on wagers where the outcome is evenly distributed between two results of equal value (like flipping a coin, betting on red or black in roulette, etc.). It is an archetypal positive progression strategy. It is also called Hoyle's Press. In German and French it is often referred to as the Pluscoup Progression. It was first documented by Allan Wilson in his 1965 book,The Casino Gambler's Guide.^[1] This progression is based on calculating the size of bets so that in the event of a losing streak, if and when a same-length winning streak occurs, a profit is obtained. The main concept is that there are periods of many wins and periods of many losses. Losses and wins often come in streaks. Ideally, bets are kept low on losing streaks and increased on winning streaks, which hopefully will follow.

Description[edit]

Oscar's Grind divides the entire gambling event into sessions. A session is a sequence of consecutive wagers made until 1 unit of profit is won. Each session begins by betting 1 unit, and ends by winning 1 unit of profit. If the gambler loses, the session continues and the bet is repeated. Each time the gambler wins the game following a lost game, the bet is increased by 1 unit. This increase is not performed if the current bet warrants achieving at least 1 unit of profit in total, in case the next game is won. On the contrary, the bet size in such a situation should be decreased to assure exactly 1 unit is won.

Algorithm[edit]

Example[edit]

Analysis[edit]

Oscar's Grind is the same as Martingale-based and Labouchère system in the sense that if you have an infinite amount to wager and 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. You can only lose 500 times in a row from a 500 unit bankroll, and if occasional wins increase the betsize, this number decreases significantly. Oscar's Grind is based on losing streaks being 'compensated' by winning streaks in the short run, and in the example above, a 5-long losing streak was equalised by a 3-long winning streak. If we get 'compensated' with a 5-long winning streak, we get 3 units of profit. The base of the system originates in a hot-hand bias, but winning and losing streaks in gambling have no mathematical ground or proof.

Variations[edit]

Oscars Betting Odds

Oscar's Grind can be applied to non-even bets as well ('streets' in roulette or 'doubling' in blackjack); one just has to keep track of the amount and increase the betsize after wins accordingly. There are also variations that try to reduce the variance by waiting for a couple of wins before increasing the betsize. As it is with all betting progressions, no variation of Oscar's Grind will make a profit in the long run.^[2]

See also[edit]

References[edit]

Oscars Betting Odds

1. ^Mason Malmuth; Lynne Loomis (1993), Fundamentals of Craps, Two Plus Two Publishing, p. 46, ISBN1-880685-30-2
2. ^'Why Any Progression Must Fail for Negative Expectancy Games in the Long Run?'. imspirit.wordpress.com. December 2012. Retrieved 26 August 2015.

Oscars Betting