Oscars Betting Odds 2023: How to Bet on the 95th Academy Awards

Current betting odds for the Oscars 2023 allow you to wager on your favorite films to take home the hardware!

Betting on the Oscars and wanna know the odds?

Awards season reaches its high point this Sunday with the 2023 Academy Awards.

The event has found new popularity since the rise of legalized mobile wagering, as sites like FanDuel are offering odds on the potential winners in several categories, which we’ll outline below.

Bet on the Oscars Here:

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The Oscars are one of the crown jewels in a series of events that, while not sporting contests, lend themselves to wagering nonetheless.

The phenomenon started with sporting events such as college football’s Heisman Trophy presentation the NFL Draft, and the NBA’s Most Valuable Player Award voting.

Fans can’t watch the action unfold, but they can place money on their preferred or expected outcome based on their knowledge of the participants and likeliest results.

Naturally, this same philosophy applies to non-sporting events. The 2020 U.S. Presidential Election is the best example.

us election 2020 odds

U.S. Presidential Election Betting

In 2020, European sportsbook Betfair took over $560 million in bets on the outcome of the U.S. Presidential Election between Joe Biden and Donald Trump – by far the greatest amount wagered on an event in Betfair’s almost 25-year history.

U.S.-based sportsbooks didn’t offer wagering on the 2020 Presidential Election. But if laws change, it’s no stretch to predict that a Presidential Election could be a billion-dollar handle wagering event in the United States.

Other potential events to be potentially approved for wagering include:

Awards Shows

Not just the Oscars, but this same approach could work for the Grammys, the Emmys, even the ESPYs.

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Financial Markets

These could be proposed as over/under bets (will the S&P 500 be over or under 3,999 on July 1?) or props (S&P 500 to reach 4,000 by July 1) with corresponding odds.

World Events/Celebrities/Lifestyle

  • Who’s Tom Brady’s next girlfriend?
  • Which power couple is next to head for divorce?
  • What happens first, U.S. gas price rise to $4 per gallon or fall to $2 per gallon?

Bets like these are available offshore, and perhaps U.S.-based books are next!

2023 Oscars Odds: Best Picture

Everything Everywhere All At Once is the heavy favorite in this category.

MOVIEODDS
Everything Everywhere All At Once-1200
All Quiet on the Western Front+1200
The Banshees of Inisherin+1200
Top Gun Maverick+2900
The Fablemans+2900
Tar+6500
Elvis+8000
Avatar: The Way of Water+10000
Women Talking+10000
Triangle of Sadness+10000
Odds at FanDuel Sportsbook
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Oscars betting odds

2023 Oscars Odds: Best Actress

Another category favoring Everything Everywhere All At Once starlet Michelle Yeoh, but Cate Blanchett (Tar) isn’t far behind.

ACTRESSMOVIEODDS
Michelle YeohEverything Everywhere All At Once-180
Cate BlanchettTar+125
Andrea RiseboroughTo Leslie+2900
Michelle WilliamsThe Fablemans+3400
Ana de ArmasAftersun+6500
Odds at BetMGM Sportsbook
BetMGM Sports

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2023 Oscars Odds: Best Actor

Brendan Fraser’s performance in β€œThe Whale” is expected to take home top honors, with Austin Butler (Elvis) the second choice.

ACTORMOVIEODDS
Brendan FraserThe Whale-160
Austin ButlerElvis+105
Colin FarrellThe Banshees of Inisherin+1100
Paul MescalAftersun+4100
Bill NighyLiving+8000
Odds at DraftKings Sportsbook
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Brendan Fraser in the Whale

2023 Oscars Betting Odds: Best Director

Another category where it’s Everything Everywhere All At Once’s contest to lose, as directors Daniel Kwan & Daniel Scheinert are heavy favorites over Steven Spielberg (The Fablemans).

DIRECTORMOVIEODDS
Daniel Kwan & Daniel ScheinertEverything Everywhere All At Once-1800
Steven SpielbergThe Fablemans+850
Todd FieldTar+2900
Martin McDonaghThe Banshees of Inisherin+3500
Ruben OstlundTriangle of Sadness+6500
Odds at FanDuel Sportsbook
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Best Supporting Actor, Best Supporting Actress, and several other smaller categories are also available for wagering on the 2023 Oscars.

2023 Academy Awards Betting FAQs

When Are the Oscars?

The 2023 Academy Awards will air Sunday evening, March 12 at 8:00 Eastern on ABC. The event is hosted by Jimmy Kimmel.

Where can I bet on the Oscars?

Sportsbooks in Colorado, Indiana, Michigan, and New Jersey are offering odds on the event, as is FanDuel Ontario. Even Massachusetts is now accepting legal wagers online.

What type of bets are offered?

These are all money line bets – no props are available. Additionally, parlaying two or more categories may not be allowed depending upon the rules in your state.

betting on the oscars 2023
FanDuel Sports

FanDuel Sports SPECIAL OFFER

Place a $5 bet and get $200 in Bonus Bets if your bet wins!
Bet $5, Get $200 Get Bonus
Terms and conditions apply
BetMGM Sports

BetMGM Sports SPECIAL OFFER

Get up to $1,500 in Bonus Bets paid back if your first bet does not win.
Get $1,500 Back Get Bonus
Gambling problem? Call 1-800-GAMBLER CO, DC, IL, IN, KS, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981-0023 (PR). In partnership with Kansas Crossing Casino and Hotel. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Kansas, Nevada, New York or Ontario.
DraftKings Sports

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