Betting Odds For The 2020 Academy Awards

USA Online Sportsbooks for Academy Awards WageringBetting odds for the 2020 Academy Awards have been released. This is only one of the many facets of entertainment betting available at online sportsbooks. We here at USAOnlineSportsbooks are here to break down the entertainment betting odds and more generally explain what the Academy Awards are. We’ll detail why people bet on the Academy Awards as well as touch on a few of the best practices for doing so.

Many academy awards gambling guides will focus on the individual odds, which we will get to later. First things first, we are going to start with breaking down what the Academy Awards are, for those of you that are unaware, then we will discuss how to best bet on them. Finally, we will touch on the betting odds for some of the major categories like Best Actor. As a little bonus, we will also go over some of the fun prop bets on the Academy Awards that are available at offshore sportsbooks.

What Are The Academy Awards?

The Academy Awards are more commonly known as the Oscars, and they are the premier event in entertainment awards shows. Oscars are legacy-defining awards to get and are treated with the highest level of prestige and sophistication in Hollywood. The Academy Awards are presented by the Academy of Motion Picture Arts and Sciences, the members of which include some of the most decorated and impressive filmmakers of our era. The Oscars are the oldest televised worldwide entertainment awards show. The awards were first presented in 1929, and over 3000 of them have been given out to date. It was broadcast via radio beginning in 1930, and over television beginning in 1953.

Betting Legally On The 92nd Academy Awards

So, one problem with the implementation of the legalization of state-sanctioned sports betting is that it is specifically focused on sports betting, and has restrictions on what other events you can bet on. Basically, your local state-sanctioned sportsbook is a sportsbook, and nothing else. No entertainment betting, sometimes even no betting on local college basketball.

The good news is that online sportsbooks, being subject not to the whims of the United States government but instead to their respective local jurisdictions, have far fewer restrictions on what you can place bets on. This means that the likely best place for placing bets on the 2020 Academy Awards is going to be at an online sportsbook, or perhaps several if you see value in shopping lines for this event.

Best Academy Awards Betting Sites

There are many excellent real money betting sites that you could use to bet on the Academy Awards, and we genuinely could not cover them all here. So we just posted the one we think is the absolute best for things like this, the one that the people writing this page use for entertainment betting the most. To us, that’s pretty clearly BetOnline’s sportsbook.

BetOnline - Offering Academy Award Betting Odds

BetOnline is a great sportsbook for many things, but one of the things that it’s particularly known for around our office is the entertainment odds. BetOnline has a wide variety of interesting odds and excellent prop bets and is a great choice when you are looking for an online sportsbook to bet on the Academy Awards. Academy Awards betting odds are all up on BetOnline, and you can place wagers on them as you’d like. In addition, BetOnline offers a $1000 betting bonus reward, where you can receive up to $1000 of bonus money when you make your first deposit. Use the code BOL1000 when you sign up for the sportsbook.

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2020 Academy Awards Betting Odds

Best Picture

Best Picture looks to be something of a one or two horse race, with Sam Mendes’ war epic 1917 as a significant -275 favorite to win the award, while Bong Joon Ho’s Parasite is the closest underdog, with +300 odds. There was a lot of buzz around Parasite generally, but it doesn’t seem to have translated into being favored to win the Oscar for Best Picture.

Best Picture

  • 1917 -275
  • Parasite +300
  • Once Upon a Time in Hollywood +650
  • Joker +1400
  • Jojo Rabbit +5000
  • The Irishman +5000
  • Marriage Story +8000
  • Little Women +10000
  • Ford v Ferrari +12500

Best Actor

This category seems all but locked up by Joaquin Phoenix’s performance in Joker, where he plays the eponymous Joker, in a supervillain film that touches on the lack of support for the mentally ill and the ways in which people are radicalized. Phoenix is a colossal favorite, and anyone else winning would be a monumental upset.

Best Actor

  • Joaquin Phoenix (Joker) -2500
  • Adam Driver (Marriage Story) +700
  • Leonardo DiCaprio (Once Upon a Time in Hollywood) +2200
  • Antonio Banderas (Pain and Glory) +2500
  • Jonathan Pryce (The Two Popes) +2500

Best Actress

Speaking of colossal favorites, Renee Zellweger’s portrayal of Judy Garland in Judy is looking like a similarly prohibitive favorite in the Best Actress category. The next closest is Scarlett Johansson’s performance in Marriage Story, which has +750 odds.

Best Actress

  • Scarlett Johansson (Marriage Story) +750
  • Cynthia Erivo (Harriet) +900
  • Saorise Ronan (Little Women) +2800
  • Charlize Theron (Bombshell) +3300

Best Director

A slightly less colossal favorite exists in this category, as Sam Mendes has -900 odds to win, which would seem to indicate heavy favorite status, but given some of the absolutely monstrous favorites in other categories, this is one of the more even categories. Parasite’s director Bong Joon Ho is the second favorite, with +450 odds.

Best Director

  • Bong Joon Ho (Parasite) +450
  • Quentin Tarantino (Once Upon a Time in Hollywood) +1000
  • Martin Scorsese (The Irishman) +3300
  • Todd Phillips (Joker) +5000

Best Supporting Actor

Best Supporting Actor returns to the pattern of absurdly prohibitive favorites, to the point that it may not be profitable to bet on anyone in any of these categories. The favorites are so favored that an upset would crush your bankroll, and the likelihood that anyone else wins is so low that it might not be worth betting on them at all.

Best Supporting Actor

  • Joe Pesci (The Irishman) +800
  • Al Pacino (The Irishman) +1800
  • Tom Hanks (A Beautiful Day in the Neighborhood) +2000
  • Anthony Hopkins (The Two Popes) +3300

Best Supporting Actress

Finally, we have the Best Supporting Actress category, where Laura Dern’s performance in Marriage Story is, as has become a common refrain, an enormous favorite at -2200 odds. The next closest performance in this category is Margot Robbie’s turn in Bombshell, and everything else is firmly in dark horse to longshot territory.

Best Supporting Actress

  • Margot Robbie (Bombshell) +800
  • Florence Pugh (Little Women) +1400
  • Scarlett Johansson (Jojo Rabbit) +2000
  • Kathy Bates (Richard Jewell) +3300


2020 Academy Awards Prop Betting Odds

Gender of the first person to appear on stage

  • Female -250
  • Male +200
  • Transgender +2000

How many times will "Kobe" or "Mamba" be said?

  • Over 1½ Kobe or Mamba -120
  • Under 1½ Kobe or Mamba -120

Length of the opening monologue by 1st person on stage

  • Over 5½ minutes -120
  • Under 5½ minutes -120

Presenter drop a cue card before or after opening

  • No -500
  • Yes +300

Presenters put on glasses before reading a cue card

  • Under 2½ Total presenters -400
  • Over 2½ Total presenters +250

Total bleeps during the acceptance speeches

  • Under 1½ Total people -200
  • Over 1½ Total people +150

Total upsets in the Big Five categories

  • Over ½ Total upsets -200
  • Under ½ Total upsets +150

Who will Best Actor thank first?

  • The Academy +100
  • Husband/Wife/Partner +250
  • Director +300
  • Mother +700
  • God +1000

Who will Best Actress thank first?

  • The Academy +100
  • Husband/Wife/Partner +250
  • Director +300
  • Mother +700
  • God +1000

Will "Trump" be said during broadcast?

  • No -150
  • Yes +110

Will a presenter announce the wrong winner?

  • Yes +1500

Winners continue their speeches over the exit music

  • Over 4½ Total Winners -120
  • Under 4½ Total Winners -120

Winners put on glasses before reading acceptance

  • Under 2½ Total Winners -175
  • Over 2½ Total Winners +135

Winners trip/fall as they walk to the Microphone

  • No -900
  • Yes +500