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Oscars 2021 Betting Odds, Categories & Information

 
Apr. 22, 2021
by VI News
VegasInsider.com

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The 2021 Oscars (93rd Academy Awards) is set to take place on April 25, 2021 as some sportsbooks such as DraftKings are beginning to release early odds. In 2020, only Indiana and New Jersey allowed legal betting on the Academy Awards although there is hope more states legalize the market.

Along with the well-known award show, other entertainment markets typically see regulated odds available in Europe - most notably the United Kingdom. This includes the Grammys, Emmys, Golden Globes and various other special markets.

2021 Oscars Best Bets

Oscars Betting Markets

Oscars 2021 Best Picture Odds

Odds To Win Best Picture (4/25/21)
Nominee American Fractional
Nomadland -670 10/67
Trial of the Chicago 7 +600 6/1
Minari +1400 14/1
Promising Young Woman +1700 17/1
Mank +3300 33/1
Judas & Black Messiah +3300 33/1
Sound of Metal +5000 50/1
The Father +10000 100/1

Oscars 2021 Best Director Odds

Odds To Win Best Director (4/25/21)
Nominee American Fractional
Chloe Zhao (Nomadland) -3335 3/100
David Fincher (Mank) +1000 10/1
Lee Isaac Chung (Minari) +1700 17/1
Emerald Fenell (Promising Young Woman) +2000 20/1
Thomas Vinterberg (Another Round) +2500 25/1

Oscars 2021 Best Actor Odds

Odds To Win Best Actor (4/25/21)
Nominee American Fractional
Chadwick Boseman (Ma Rainey's) -1667 3/50
Anthony Hopkins (The Father) +700 7/1
Riz Ahmed (Sound of Metal) +1400 14/1
Steven Yeun (Minari) +2500 25/1
Gary Oldman (Mank) +3300 33/1

Oscars 2021 Best Actress Odds

Odds To Win Best Actress (4/25/21)
Nominee American Fractional
Carey Mulligan (Promising Young Woman) +125 5/4
Viola Davis (Ma Rainey's) +200 2/1
Frances McDormand (Nomadland) +400 4/1
Andra Day (U.S. vs. Billie Holiday) +600 6/1
Vanessa Kirby (Pieces of a Woman) +2000 20/1

Oscars 2021 Best Supporting Actor Odds

Odds To Win Best Supporting Actor (4/25/21)
Nominee American Fractional
Daniel Kaluuya (Judas & Black Messiah) -2500 1/25
Sacha Baron Cohen (Trial of Chicago 7) +1200 12/1
Paul Raci (Sound of Metal) +1200 12/1
Leslie Odom Jr (One Night in Miami) +1700 17/1
LaKeith Stanfield (Judas & Black Messiah) +3300 33/1

Oscars 2021 Best Supporting Actress Odds

Odds To Win Best Supporting Actress (4/25/21)
Nominee American Fractional
Youn Yuh-jung (Minari) -500 1/5
Maria Bakalova (Borat) +375 15/4
Glenn Close (Hillbilly Elegy) +1000 10/1
Olivia Colman (The Father) +2000 20/1
Amanda Seyfried (Mank) +3300 33/1

Oscars 2021 Best Original Screenplay Odds

Odds To Win Best Original Screenplay (4/25/21)
Nominee American Fractional
Promising Young Woman -450 2/9
Trial of Chicago 7 +275 11/4
Minari +1400 14/1
Judas & Black Messiah +3300 33/1
Sound of Metal +3300 33/1

Oscars 2021 Best Adapted Screenplay Odds

Odds To Win Best Adapted Screenplay (4/25/21)
Nominee American Fractional
Nomadland -400 1/4
The Father +300 3/1
Borat +800 8/1
One Night in Miami +1400 14/1
The White Tiger +3300 33/1

Oscars 2021 Best International Film Odds

Odds To Win Best International Film (4/25/21)
Nominee American Fractional
Another Round -1250 10/125
Aida Quo Vadis +650 13/2
Collective +1200 12/1
Better Days +2500 25/1
Man Who Sold His Skin +2500 25/1

Oscars 2021 Best Documentary Odds

Odds To Win Best Documentary (4/25/21)
Nominee American Fractional
My Octopus Teacher -500 1/5
Time +400 4/1
Collective +800 8/1
Crip Camp +2000 20/1
The Mole Agent +5000 50/1

Oscars 2021 Best Animated Film Odds

Odds To Win Best Animated Film (4/25/21)
Nominee American Fractional
Soul -5000 1/50
Wolfwalkers +700 7/1
Onward +2500 25/1
Over The Moon +2800 28/1
Shaun the Sheep Movie: Farmageddon +4000 40/1

Oscars 2021 Best Original Song Odds

Odds To Win Best Original Song (4/25/21)
Nominee American Fractional
One Night in Miami (Speak Now) -155 7/11
The Life Ahead (Io Si) +225 9/4
Eurovision (Husavik) +350 7/2
Judas & Black Messiah (Fight for You) +2500 25/1
Trial of Chicago 7 (Hear My Voice) +2500 25/1

Oscars 2021 Best Original Score Odds

Odds To Win Best Original Score (4/25/21)
Nominee American Fractional
Soul -1667 3/50
Mank +800 8/1
Minari +1700 17/1
News of the World +2500 25/1
Da 5 Bloods +2500 25/1

Oscars 2021 Best Cinematography Odds

Odds To Win Best Cinematography (4/25/21)
Nominee American Fractional
Nomadland -400 1/4
Mank +350 7/2
News of the World +1400 14/1
Judas & Black Messiah +1700 17/1
Trial of Chicago 7 +2000 20/1

Oscars 2021 Best Production Design Odds

Odds To Win Best Production Design (4/25/21)
Nominee American Fractional
Mank -560 5/28
Ma Rainey's +650 13/2
Tenet +800 8/1
News of the World +2000 20/1
The Father +2000 20/1

Oscars 2021 Best Film Editing Odds

Odds To Win Best Film Editing (4/25/21)
Nominee American Fractional
Sound of Metal -118 17/20
Trial of the Chicago 7 -110 10/11
Nomadland +650 13/2
The Father +2000 20/1
Promising Young Woman +4000 40/1

Oscars 2021 Best Costume Design Odds

Odds To Win Best Costume Design (4/25/21)
Nominee American Fractional
Ma Rainey's -500 1/5
Emma +350 7/2
Mank +1000 10/1
Pinocchio +2500 25/1
Mulan +3300 33/1

Oscars 2021 Best Visual Effects Odds

Odds To Win Best Visual Effects (4/25/21)
Nominee American Fractional
Tenet -560 10/56
Midnight Sky +275 11/4
Mulan +1700 17/1
One & Only Ivan +2500 25/1
Love & Monsters +2500 25/1

Oscars 2021 Best Makeup & Hairstyle Odds

Odds To Win Best Makeup & Hairstyle (4/25/21)
Nominee American Fractional
Ma Rainey's -670 10/67
Pinocchio +550 11/2
Hillbilly Elegy +1200 12/1
Mank +2000 20/1
Emma +2500 25/1

Oscars 2021 Best Sound Odds

Odds To Win Best Sound (4/25/21)
Nominee American Fractional
Sound of Metal -2500 1/25
Soul +1000 10/1
Mank +1000 10/1
Greyhound +2000 20/1
News of the World +3300 33/1

Odds Provided by DraftKings - Subject to Change

2021 Oscars Betting Trends

Betting Trends & Odds provided by DraftKings, which are subject to change.

Best Picture

Best Actor

Best Director

Best Supporting Actor

How to Handicap the 2021 Oscars

VegasInisder.com entertainment expert Thom Cunningham provides all the details on the 2021 Oscars as he does a one-on-one interview with DraftKings Sportsbook oddsmaker Johnny Avello.


What Odds Are Offered For The Oscars?

Typically, most of the big categories will see odds offered at the Academy Awards. The most popular categories include Best Picture, Best Lead Actor and Best Lead Actress.

The other categories range from popular ones such as Best Supporting Actor/Actress and Best Director to the smaller-known categories such as Best Costume Design and Best Sound.

While betting on the Academy Awards or any award show is only legal in two states, these betting markets could be available any year in states with legal betting moving forward.

2021 Oscar Odds: Key Info

  • Show Date: April 25, 2021
  • Time/Network: 8 p.m. (ET) / ABC

Who Picks Oscars Winners?

The Academy of Motion Picture Arts and Sciences picks the winners of each category for the Oscars. There are over 8,000 members that make up the organization, which comes from a variety of positions within the film industry.

The Academy is made up of 'branches'. There are specific branches, each branch having at least one category at the Oscars. The branches include:

  • Actors/Actresses
  • Writers
  • Directors
  • Producers
  • Music
  • Makeup
  • Hairstyle
  • Sound
  • Editors
  • Animation
  • Short Films
  • Visual Effects
  • Costume Designers
  • Documentary
  • Production Designers

Each branch has at least one category, in which specific branch members nominate and vote on winners. Directors nominate and vote for directors, production designers nominate and vote for other production designers, etc...

Best Picture Oscars Voting

The Best Picture category is the only category that uses a different voting system to pick its winner. All the other categories, members get just one vote. With the Best Picture category, members rank the movies in order of preference.

This is because there are so many nominations for Best Picture now (up to nine in 2020), the Academy wanted to avoid a winner only receiving a possible 10% of votes. The system used for the Best Picture category is known as 'preferential voting'.

This system, according to Variety adds up all the No. 1 votes first. If those votes exceed 50% then the film wins, although this is apparently a very rare circumstance.

If a film that receives the most No. 1 votes is under 50%, then the counting goes to the most No. 2 votes until a film exceeds 50%. If no film has over 50% of the votes after counting all No. 1 and No. 2 votes, then the counting moves to the most No. 3 votes. This is repeated until a film goes over the 50% mark.

How to Bet on 2021 Oscars Odds

Betting on the Oscars is no different than a typical sports wager. You have your typical money-line for one favorite and multiple underdogs. This betting is most common with motorsports or golf betting, essentially 'group betting' a winner. Below is an example of what odds looked liked for one of last year's categories.

2020 Best Picture Odds

  • 1917 (-167)
  • Parasite (+200)
  • Once Upon A Time In Hollywood (+950)
  • Joker (+1250)
  • The Irishman (+6600)
  • Jojo Rabbit (+9000)
  • Marriage Story (+10000)
  • Little Women (+15000)
  • Ford v Ferrari (+25000)

If a bettor wanted to wager on Parasite to win Best Picture, then it would cost a bettor $100 to possibly win back $300 ($100 wager + $200 winnings). If a bettor wanted to wager on 1917 to win instead, then it would cost a bettor $167 to possibly win back $267 ($167 wager + $100 winnings).


  
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