January every year sees the Oscars coming to town, and with it, a whole lot of betting odds where people can bet on who’s who of Hollywood. 2021 makes it the 93rd Annual Academy Awards, and each year new actors are nominated for their performances in the past year. The 92nd Academies saw the likes of The Joker, The Irishman, and Once Upon a Time… In Hollywood being nominated for Best Picture, it’s no wonder that people love to beat the odds when it comes to deciding who’s going to win. Places like the online casino in New Zealand, Jackpot City casino, for example, were offering odds and taking bets on who would win Best Actor or Best Supporting Actress.
The Academy Awards for 2021 will be held in Hollywood, Los Angeles, on April 25, and the red carpet will be rolled out for all the stars to attend one of the most prestigious movie awards ceremonies in the world. The actual nominees for the next event have not been released yet, but you can bet your cotton socks that they will be coming out soon, and the bookies will have their odds available for you. You can bet on just about every award, but the majority of people go for Best Actor and Best Actress, as well as Best Picture and Best Director. After making some changes to the awards, there are now 23 different categories that will be awarded throughout the ceremony.
You might be wondering how the betting works for the Oscars, and that’s a fair question. When the initial odds get released, it’s based on the actual nominations and how the films performed at the box office. Well, not in all cases, because some films that get nominated have never been to the box office. In particular, the foreign films that get nominated, often have never made it to Hollywood, but they have managed to catch the attention of film critics and the voters for the Academy Awards. The Oscars are held by AMPAS, the Academy of Motion Picture Arts and Sciences, with 7000 members who actually vote and contribute to the awards. Some several rules and regulations need to be followed for a film to qualify for a nomination and if you can follow them, you’ll have a good idea of who should be nominated, based on who qualifies.
The initial odds that get released will often change as the time gets closer to the awards ceremony. The reason for that is because more people placing bets on specific odds, and as a result, the bookies have to make adjustments. So if you plan to make a bet on the Oscars, then you need to make sure you do it early. Punters who do their research early are often the ones to make the most money because they put their money down when the odds are the most favorable. Guessing the three big awards, Best Film, Best Actor, and Best Actress, will normally give you a good indication of who will win in the other categories. To give you an example, there have only been two occasions when the best director wasn’t the director of the best picture award, so that could be used as a potentially good betting guideline.
It’s a great way to spice up your entertainment when you are watching the Oscars because you’re not just wanting someone to win an award for themselves or for the sake of film, but because you could potentially walk away with some extra cash by the end of the evening. So keep an eye out in January when the names get released and hop online to your favorite online casino to place a bet for the 93rd academy awards.