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Wagering on the Academy Awards has been approved by the Michigan Gaming Control Board, bringing the total number of US states allowing Oscars betting to three.
The April 25 Oscars show, for which DraftKings has released the odds, is expected to receive less attention compared to previous years due to the COVID-19 pandemic’s impact on the entertainment industry. With less than two weeks remaining, betting opportunities are still available before the 93rd Academy Awards, scheduled to be televised at 8 p.m. ET on ABC.
By the end of business on Monday, PointsBet also shared their Oscars odds for the best picture category.
In the past, people in New Jersey and Indiana could place bets on the Oscars. New Jersey became the first state to legalize Academy Awards betting in 2019, and Indiana joined in the following year. Until recently, it seemed unlikely that Michigan would be able to authorize betting on the telecast before the show.
However, this plot twist is quite welcome.
The Oscars telecast will once again go without a host for the third year in a row, with director Steven Soderbergh taking charge as the show’s producer.
What Oscars categories can you bet on?
The MGCB has approved a total of 23 categories for Oscars betting in Michigan, as per their statement.
- The most outstanding performer in the acting field.
- The top-rated female performer
- The screenplay that has been adapted the best
- Top animated film
- Top animated short film
- The cinematography is outstanding.
- The most exceptional costume design.
- Top director
- The finest documentary film
- The top choice for a documentary short subject
- Top-notch film editing.
- Top international feature film
- The top live action short film
- Top makeup and hairstyling.
- Most exceptional original musical composition
- Top-notch original screenplay
- The top-notch original track
- Most outstanding image
- The production design is outstanding.
- The optimal sound
- The actor who provides the greatest support or assistance in a performance.
- Outstanding supporting actress
- Top-notch visual effects.
Who are the Oscars front-runners?
DraftKings predicts that Nomadland, along with director Chloe Zhao, is highly likely to emerge as the big winners on Oscars night.
Chadwick Boseman, the late actor, is heavily favored to win the Best Actor award for his exceptional performance in Ma Rainey’s Black Bottom, with odds of -2500.
Nomadland, with its staggering odds at -670, holds a similar advantage for Zhao as it leads the pack of best picture nominees.
Carey Mulligan from Promising Young Women (+125) is currently leading the best actress category, with Viola Davis from Ma Rainey’s Black Bottom (+180) following closely behind as the second favorite. The competition between these two talented actresses is quite even.
On Monday, DraftKings shared the odds for significant categories.
The picture deemed the best.
- Nomadland: A Deficit of 670
- The Trial of the Chicago 7 has a score of +650.
- The film “Promising Young Woman” has received a lot of positive feedback, with a score of +1400.
- The odds for Minari are +1400.
- Mank has a score of +2800.
- The film “Judas and the Black Messiah” has received a rating of +3000.
- Sound of Metal has a score of +5000.
- The Father’s score is 8000.
Top director:
- Nomadland directed by Chloe Zhao has a rating of -2500.
- David Fincher’s Mank receives a score of +1000.
- Minari directed by Lee Isaac Chung has odds of +1400.
- The film “Promising Young Woman” by Emerald Fennell has received an impressive score of +1700.
- The film “Another Round” directed by Thomas Vinterberg has received a score of +2000.
Top performer in the field of acting:
- Chadwick Boseman’s performance in “Ma Rainey’s Black Bottom” scored -2500.
- Anthony Hopkins, The Father: a stellar performance that deserves a standing ovation with a whopping +800 rating.
- Riz Ahmed’s performance in “Sound of Metal” received a score of +1400.
- Steven Yeun has a +2000 chance of winning for his role in Minari.
- Gary Oldman’s performance as Mank receives a well-deserved +2500.
The top performer in the category of female actors:
- Carey Mulligan is highly praised for her performance in “Promising Young Woman,” gaining a well-deserved +125 acclaim.
- Viola Davis in Ma Rainey’s Black Bottom: a performance worth +180.
- Frances McDormand’s performance in Nomadland receives a score of +350.
- Andra Day shines in her role as Billie Holiday in “The United States Vs. Billie Holiday” with a captivating performance.
- Vanessa Kirby’s performance in “Pieces of a Woman” received acclaim, garnering a score of +1400.
PointsBet also favors Nomadland for best picture
On Monday afternoon, PointsBet introduced a market for the best picture category, with Nomadland being the favored film to win the prestigious statue.
The PointsBet best picture odds were as follows:
- The movie Nomadland has a rating of -527.
- The Trial of the Chicago 7 received a score of +700.
- The film “Promising Young Woman” receives a score of +1000.
- Minari has a positive value of 1600.
- The film “Judas and the Black Messiah” has an impressive rating of +2500.
- Mank’s score is 4000.
- Sound of Metal: Plus Five Thousand
- The father’s balance: +8000
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