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Oscars Betting Guide - How to bet on the Oscars | LeoVegas

Oscars betting guide - how to bet on the Oscars

Table of contents

When the Oscars come around every year, it is one of the biggest events in Hollywood, and even the entire world. Knowing how to bet on the Oscars provides even more options when the big day arrives. We cover Oscars betting markets, strategies, and more in the guide below.

How Oscars betting works

Our extensive Oscars betting guide can help you understand how the gambling markets work. When the nominations are announced, the bookmakers set about putting together the odds for each category. A lot of these markets are then opened up to allow you place Academy Awards bets on the film, actors, or directors you think will be winning awards in that year’s Oscars ceremony.

Oscars betting markets

Anticipation is always at the top with Oscars betting, with punters everywhere following the best movies of the year. When it comes to the betting markets, things are quite straightforward. Typically, all you can bet on is who is going to win in each specific category. Things get balanced with the amount of Academy Awards categories though. You could bet on which film you think is going to win the Best Picture award, Best Screenplay, Best Animated Feature, who will win Best Actor, Best Actress, Best Director, and more categories.

How to prepare your Oscars bets

Now that you know how the Oscars bets work, you’re probably wondering how you can prepare successful bets. There are many different considerations when it comes to the Oscars, and they aren’t always as predictable as you might think. Check out some Oscars betting strategies below:

Follow industry news and events

Entertainment betting relies closely on public response. It is helpful to follow what is going on in the film industry. Other award ceremonies may give you an idea of how a film will be received. Awards can sometimes be split between festivals, so it might be useful to check out the Golden Globes, the Venice Film Festival, the Cannes festival, the Toronto International Film Festival, and other major events. It is also possible that there could be other factors that impact the awards. For example, if somebody has been involved in some form of controversy or even public disgrace, it could have an impact on whether the actor is likely to win an award.

Check critic reviews

Critics can give you insights for the top performances. Critical reception of the films that are out there might also play a part in the way award ceremonies go. If everyone loves a film and it receives amazing reviews, it is possible that the Academy will respond in a similar way. Closer to the event, you will also find Oscars betting tips.

Bet responsibly

When you are gambling on the Oscars, just like any other event or sport, you need to ensure that you are betting responsibly. Remember that there are no guarantees on how the Oscars will go and you could stand to lose money. If you feel that gambling is becoming a problem, there is always someone to talk to. Check out our LeoSafePlay platform, as well as websites such as begambleaware.org.

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Award stats

The Oscars have been celebrating the industry for almost 100 years now. Films such as Lord of the Rings: The Return of the King, Titanic and Ben-Hur have all won 11 awards. There are some huge films that didn’t win any awards, such as It's a Wonderful Life, Fight Club, and Rebel Without a Cause.

Directors with most Oscars

Certain directors are associated with the Oscars, but only three historic directors have won more than two awards, including:

  • 4 awards: John Ford 1935, 1940, 1941 & 1952
  • 3 awards: William Wyler 1942, 1946 & 1959
  • 3 awards: Frank Capra 1934, 1936 & 1938

There are many directors, including some modern directors that have won two:

  • Clint Eastwood 1992 and 2004
  • Steven Spielberg 1993 and 1998
  • Ang Lee 2005 and 2012
  • Alfonso Cuarón 2013 and 2018
  • Alejandro González Iñárritu 2014 and 2015

Actors with most Oscars

Three actors have managed to win three Best Actor awards, but nobody has managed to win four. The winners of three separate Oscars are:

  • Jack Nicholson
  • Daniel Day-Lewis
  • Walter Brennan (all Best Supporting Actor)

Incredibly, Jack Nicholson has been nominated for 12 Oscars.

Actresses with most Oscars

Actresses who have won the most Oscars include:

  • Katherine Hepburn - 4
  • Meryl Streep - 3
  • Frances McDormand - 3
  • Ingrid Bergman - 3

Meryl Streep is considered the queen of Oscar nominations. She has had an incredible 21 separate nominations throughout her glittering career.

How to bet on the Oscars at LeoVegas

Has our Oscars betting guide left you ready to try to make predictions for the next big ceremony? Are you ready to place your Oscars bets on LeoVegas?

  1. Open your account. Click “Open Account” and you can enter your details to create your account at LeoVegas. If you already have an account, simply sign in.
  2. Navigate to the betting markets and find the Oscars markets. These will be in the Film category.
  3. Choose between the different betting markets, such as “Best Actor”, “Best Motion Picture” or "Best supporting actor category" and choose who you think is going to win the award.
  4. Choose your stake and place your bet.
  5. Remember that these are simply “Win” markets, and that the film or actor/actress you choose must win the award for you to win your bet.
  6. Sit back and enjoy the Oscars.

Conclusions

The Oscars can be one of the most anticipated evenings for those of us who love the glitz and glamour of Hollywood, or who are the sort of people who love films. There is always a lot of drama and deserved recognition for the amazing movies released during the year, plus there is a chance to try and pick a winner. You can add some spice to the Oscars ceremony by trying your hand at working out who will win the awards at the next event. At LeoVegas you will find odds for multiple categories.

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