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Wagering on the Academy Awards has been granted approval by the Michigan Gaming Control Board, making it possible to bet on the Oscars in Michigan. This decision now brings the total count of US states allowing betting on the winners to three.
DraftKings has recently released the Oscars odds for the upcoming April 25 show. However, due to the impact of the COVID-19 pandemic on the entertainment industry, it is expected that this year’s event may not receive as much attention as previous years. With less than two weeks remaining, individuals have a limited time to place their bets before the 93rd Academy Awards airs at 8 p.m. ET on ABC.
By the end of business on Monday, PointsBet had published Oscars odds for the best picture category as well.
In the past, people could place bets on the Oscars in New Jersey and Indiana. New Jersey was the pioneer in legalizing Academy Awards betting in 2019, and Indiana followed suit last year. Until last week, it seemed unlikely that Michigan would be able to authorize betting on the telecast before the show aired.
However, this unexpected turn of events is a pleasant surprise.
The Oscars telecast will once again have no host for the third year in a row, with renowned director Steven Soderbergh leading the production.
What Oscars categories can you bet on?
The MGCB has granted approval for Oscars betting in Michigan across 23 different categories.
- Best actor
- Best actress
- Best adapted screenplay
- Best animated feature
- Best animated short
- Best cinematography
- Best costume design
- Best director
- Best documentary feature
- Best documentary short subject
- Best film editing
- Best international feature film
- Best live action short
- Best makeup/hairstyling
- Best original score
- Best original screenplay
- Best original song
- Best picture
- Best production design
- Best sound
- Best supporting actor
- Best supporting actress
- Best visual effects
Who are the Oscars front-runners?
DraftKings predicts that Nomadland and its director Chloe Zhao have a high likelihood of achieving significant wins at the Oscars.
Chadwick Boseman, the late actor, is heavily favored at -2500 to win the best actor award for his outstanding performance in Ma Rainey’s Black Bottom.
Nomadland, with -670 odds, holds a dominant position as the frontrunner for the best picture nominees, favoring Zhao significantly.
Carey Mulligan of Promising Young Women (+125) is currently leading the best actress category, closely followed by Viola Davis of Ma Rainey’s Black Bottom (+180) as the second favorite.
On Monday, DraftKings unveiled the odds for significant categories.
Best picture:
- Nomadland: -670
- The Trial of the Chicago 7 scored 650 points.
- Promising Young Woman: +1400
- Minari: +1400
- Mank: +2800
- The movie “Judas and the Black Messiah” has received a rating of +3000.
- Sound of Metal: +5000
- The Father: +8000
Best director:
- Chloe Zhao, Nomadland, -2500
- David Fincher, Mank: +1000
- Lee Isaac Chung’s Minari has been given odds of +1400.
- Emerald Fenell, the promising young woman, has achieved an impressive milestone of +1700.
- Another Round by Thomas Vinterberg: Plus 2000.
Best actor:
- Chadwick Boseman performs in the film “Ma Rainey’s Black Bottom” with a score of -2500.
- Anthony Hopkins, The Father, received a score of +800.
- Riz Ahmed’s performance in Sound of Metal received a score of +1400.
- Steven Yeun, Minari: +2000
- Gary Oldman, Mank: +2500
Best actress:
- Carey Mulligan, the lead actress in “Promising Young Woman,” receives a positive score of +125.
- Viola Davis receives a score of +180 for her performance in Ma Rainey’s Black Bottom.
- Frances McDormand, Nomadland: +350
- Andra Day shines in her role as Billie Holiday in “The United States Vs. Billie Holiday,” garnering significant praise.
- Vanessa Kirby’s performance in “Pieces of a Woman” has received high praise, earning her a score of +1400.
PointsBet also favors Nomadland for best picture
Nomadland was favored by PointsBet when they introduced a best picture market on Monday afternoon.
The PointsBet best picture odds were as follows:
- Nomadland: -527
- The Chicago 7 Trial: Plus 700
- Promising Young Woman: +1000
- Minari: +1600
- The film “Judas and the Black Messiah” has received a rating of +2500.
- Mank: +4000
- Sound of Metal: +5000
- The Father: +8000
