Oscars 2019 Betting

Each year in Los Angeles, all the gorgeous people of Hollywood gather together to hand gold-plated decorations and pat each other on the back in an event called the Academy Awards. The first ceremony took place in 1929, and it has grown into an yearly pop culture phenomenon full of style and pageantry. Some watch for those awards, while countless others tune in to find out what the celebs are wearing on the red rug.
In addition to watching the big event, fans of gaming and/or cinema can also take advantage of Oscars gambling. Most sportsbooks offer a smattering of alternatives around awards season, and the informed cinephile has an opportunity to clean up on a couple of underdog bets.
The Way Oscar Voting Works
Oscar winners are voted on by the members of the Academy of Motion Picture Arts and Sciences. There are approximately 6,000 members in this business, 33 percent of which can be comprised of prior award nominees. The other 67% have been nominated by current members and voted by the Academy’s governing body.
In most categories, nominees have been dependent on the members of that particular category. For instance, supervisors determine the nominees for Best Director. The finest Picture nominees are voted on by all members, and groups such as Documentary and Australian Film are selected by a special panel.
After the nominees have been announced, members can vote at all available classes. The results are tabulated and announced during the yearly telecast of the Oscars (held in late February). Winning or being nominated for an Oscar increases a film’s revenue, and male celebrities may enjoy a salary bump of around 81%.
Academy Award Betting Options
Some sportsbooks supply a wide selection of wagers for the Oscars, while others limit the number to one or two. The following are among the most frequent:
Futures Winner — Some sites offer you future bets on Oscar winners before the nominations are even announced. The chances are higher due to the degree of doubt, but the possible payout is also higher.
Outright Winner — All these chances are released after the nominees have been announced, and they allow players to forecast the outright winners for various categories. Best Picture and Best Actor are always a given, but a few sites may take wagers on Screenplay, Cinematography, and even Best Animated Feature.
Over/Under — If a movie is nominated for multiple Oscars, expect an over/under to be available. In this kind of wagering, the bettor must choose if the true number of awards earned will probably be higher or lower than the amount listed by the oddsmaker.
Proposition Bets — Also known as”prop bets,” this type of bet can cover a wide selection of subject matter. Examples may include the over/under about the length of the series, the brand of dress worn by a celebrity, or whether the host takes a selfie with somebody throughout the broadcast. Some oddsmakers can become quite wild with this alternative.
Predicting Oscar Winners

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