The 91st Academy Awards (the Oscars) will be broadcast on Feb. 24, 2019 at 8 p.m. ET on ABC.
The Oscars honor the best films from 2018. While no blockbusters are currently considered a front-runner, which usually fuels broadcast interest in the Oscars, this Academy Awards is receiving heightened attention as it’s the first one you can wager on in the US.
Legal online sportsbooks have been operating in New Jersey since the summer of 2018. After being approved in late January, New Jersey sportsbooks can now offer popular Oscar wagers such as Best Picture, Best Actor and Best Actress. Some operators, like FanDuel Sportsbook, are even offering odds on the lesser-followed categories like Best Makeup and Hairstyling.
How do I bet on the Oscars?
All Oscars wagers are moneyline bets. These are the most straight-forward, simple types of wagers. There are no point spreads to consider. The plus side of moneyline wagers is that the math is simple to understand. The downside is if you’re betting the outright favorites (also known as “the chalk”), the payouts are often less.
- For example, take the Best Picture category. On FanDuel, Roma is the odds-on favorite at -175. In the most basic terms, this means you must bet $175 on Roma to win to receive $100.
- Green Book is the second favorite, but it’s priced at +330. In this case, a $100 wager would payout $330.
If some of this is complicated, there’s another way to look at it: if there’s a “-“ in front of the number, then you need to bet that amount to win $100. If there’s a “+” in front of the number, you win that much if you bet $100.
There are different ways moneyline bets are represented on some sites as well. For example, at BetStars, Roma was listed at 4/7 odds, Green Book at 14/5, and The Favourite at 9/1.
The fractions work essentially the same as the straight “+” or “-“ number referenced above.
- The 4/7 fraction equals 1.75 or the -175 as listed on FanDuel.
- The 14/5 for Green Book equals 2.8, or +280.
- If you like Green Book, that +280 price is worse than the +330 listed above, so you’re better off booking your action at +330.
- For wagers like The Favourite at 9/1, that’s quick and easy math. Just convert the 9/1 to +900. You’d wager $100 to receive $900 there. The same applies if a film is listed at 10/1 (+1000), 14/1 (+1400), and so on.
It’s important to note: while typically all favorites are priced around the same on most sites, you can often find a wide-range of pricing for underdog moneyline wagers. We encourage you to explore your options on all legal sportsbooks.
Where can I bet on the Oscars?
Many other New Jersey sportsbooks will be offering Oscars betting as well.
What types of Oscars bets are available?
In New Jersey, most sportsbooks currently only have odds listed for the major categories (i.e. The Big 6: Picture, Director, Best Actor, Best Actress, Supporting Actor, Supporting Actress). Some, however, do list all categories.
2019 Oscars Betting Odds NJ
2019 Best Picture Odds (Updated 2/23/19)
The following table lists all 2019 Best Picture nominees and their odds on New Jersey sportsbooks.
|A Star Is Born||+3300||+3100||+4000||+3300|
2019 Best Director Odds
The following table lists all 2019 Best Director nominees and their odds on New Jersey sportsbooks.
2019 Best Actor Odds
The following table lists all 2019 Best Actor nominees and their odds on New Jersey sportsbooks.
2019 Best Actress Odds
The following table lists all 2019 Best Actress nominees and their odds on New Jersey sportsbooks.
2019 Supporting Actor Odds
The following table lists all 2019 Best Supporting Actor nominees and their odds on New Jersey sportsbooks.
|Richard E. Grant||N/A||+450||N/A||N/A|
2019 Supporting Actress Odds
The following table lists all 2019 Best Supporting Actress nominees and their odds on New Jersey sportsbooks.
|Marina de Tavira||N/A||+2900||+3300||N/A|
Where can I find Oscars betting predictions and tips?
If this is your first time betting the Oscars, it helps to read as much information as possible so you can confidently place your wagers.
You may have heard certain awards such as the SAGs or Producer’s Guild are good indicators as to how the Academy will vote. There are sites that track these awards and offer predictions for winners, such as Awards Watch and Golden Derby.
Over the course of the next two weeks, PlayPicks.com will have picks articles as well. And you can check back to this page for updated odds and news on Oscars betting in NJ.