Here are some tips to bet on Academy Awards betting odds prior to the event airing on Sunday, March 2, 2025. These tips include understanding the voting system, betting on winners from other awards like the Golden Globes, and following the blockbuster stars.
Let's take a look at those tips to bet on Academy Awards betting odds in-depth below:
Understand The Voting System
There are more than 10,000 members of the Academy of Motion Picture Arts and Sciences who participate in the voting process. Nearly every category is voted on by fellow peers, which means that the Best Director award is voted on by other movie directors, for example. The voting system for most categories is simple where the nominee with the most votes wins.
However, when it comes to the Best Picture category, there are different voting standards. All voting members of the Academy Awards are eligible to vote in the Best Picture category, and all of the voting is done online. This is a ranked-choice voting system, also known as preferential voting, so if a movie receives more than 50% of the votes, then that movie will win the Oscar. If no movie receives more than 50% of the votes, then the voter's next choice becomes their new top choice with a chance to win the Academy Award.
All of the final tabulated votes will be announced on Sunday when the Oscar awards are handed out to the winners.
Bet On Winners From Other Awards
One way to find the winner of the Oscars is to see who won at other awards ceremonies. The Golden Globes take place just in early January, with the Screen Actors Guild (SAG) Awards and British Academy Film Awards in mid-to-late February. These award shows often give a glimpse into the future, as many of the movies and actors who win there also success at the Oscars. At the 2024 Golden Globes, actors and actresses from the movies Oppenheimer, Killers of the Flower Moon, Poor Things, and Anatomy of a Fall all took home awards.
Follow The Blockbuster Stars
It's no secret that you should follow the blockbuster stars when placing wagers on the Oscars. You can think of it like NFL MVP odds voting for a particular professional sports league in that the big names and certain positions will typically walk away with the awards. The same goes for movies, so be sure to find some of the biggest names in acting, like Emma Stone (Poor Things) or Robert Downey Jr. (Oppenheimer) as well as some of the biggest directors, like Martin Scorsese (Killers of the Flower Moon), and consider making picks on their Oscars odds.