Bet On The Oscars

The 2020 awards season is proving to be an exciting one, and the Oscars are the next big event! Now in Indiana, numerous online sports betting apps are offering Oscars betting odds!

Continue reading to learn more about this event and discover all of the Oscars’ favorites.

Where To Bet On The Oscars

The following operators offer Oscars betting arrangements.

Operator Welcome Bonus Bet Now
DraftKings Risk-free bet and deposit bonus totalling $1,000 (wagering and withdrawal requirements apply)
FanDuel Risk-free bet up to $500 (terms and conditions apply)

These two brands will, through their Oscar odds, indicate who are the Oscars favorites.


DraftKings is one of the newer fantasy draft sites and sportsbooks on the online market. They’re offering a great service in Indiana. Today, anyone of legal betting age who is physically located in the Hoosier state can add this app to their home screen. Bet on everything from the Oscars to Aussie rules football on this well-streamlined, compact platform.


FanDuel is well known for its fantasy sports and is now making a big foray into the sports betting market. With a respected platform offering both app service and in-person betting at select casinos, FanDuel always has the customer in mind. Today, you can place bets on the Oscars, the Super Bowl, and much more on FanDuel.

bet on the oscars

Oscar Odds

Setting odds for Oscars betting is something that’s never been done before, so it’s important to get a good feeling for the Oscars contenders before making a wild bet. Below, we’ve detailed the odds on the most-watched awards from DraftKings:

Best Picture Odds

As you can tell from the above, there’s only one film that’s expected to win Best Picture– 1917. The film depicts an operation wherein two British soldiers are tasked with delivering a message calling off an attack which has been deemed a certain failure. It’s an Academy favorite for numerous reasons, with some likening it to a WWI version of Saving Private Ryan.

All other Best Picture contenders are at some pretty heavy odds. Ford v Ferrari, the Matt Damon/Christian Bale vehicle, is our biggest underdog at +25000. Surprisingly, Joker, which broke box office records worldwide, is set at +1400.

Best Actor

This is where Joker takes the prize: DraftKings has Joaquin Phoenix’s performance as Arthur Fleck slated at -3335 odds as of late January 2020. The performance is a clear favorite because of Phoenix’s unnerving yet sympathy-evoking portrayal of a middle-aged man in the throes of mental illness and near poverty.

At the other end of the spectrum, Johnathan Pryce in The Two Popes and Antonio Banderas from Pain & Glory are both pegged at +5000 best actor odds. A $100 bet for either of these to win Best Actor could net a $5000 payout!

Best Actress

Renee Zellweger has the best actress odds of -2500, making her the front runner for the statuette. Her portrayal of Judy Garland in the eponymous Judy has been called one of the greatest biographical portrayals of all time. Most impressive is that Renee Zellweger did all of her own singing for the role.

Other hopefuls for best actress are Cynthia Ervo for Harriet (+2500), Saoirse Ronan for Little Women (+3300), Scarlett Johansson for Marriage Story (+1000), and Charlize Theron for Bombshell (+3300). If we don’t see Ms. Zellweger taking the prize, a bet for Scarlett Johansson might be the next best choice for the winner.

Best Supporting Actor

Brad Pitt is in the lead for Best Supporting Actor odds at -2500 for his role as Cliff Booth, stunt double to Leonardo DiCaprio’s struggling actor character, Rick Dalton. Pitt’s performance is hailed as one of the best of his career, putting him in the front for the Best Supporting Actor prize.

Other nominees include both Al Pacino (+2500) and Joe Pesci (+1000) for their roles in Scorsese’s cutting drama The Irishman, Anthony Hopkins (+5000) in The Two Popes, and Tom Hanks’ portrayal of everyone’s neighbor Mr. Rogers in A Beautiful Day in the Neighborhood (+2500).

Best Supporting Actress

Laura Dern’s portrayal of attorney Nora Fanshaw won critics over for its representation of power dynamics in a largely male-dominated field. Her performance has Oscars betting odds set at -2500, with all other nominees on the positive side (i.e., not favored to win).

Other nominees for Best Supporting Actress include Florence Pugh in Little Women (+1200) and Kathy Bates in the film Richard Jewell (+5000).

Best Director

Sam Mendes, director of 1917, is the favorite to win at -670 odds. 1917 has won critical acclaim for its gritty portrayal of a doomed mission in the French theatre of the First World War. In Oscars betting terms, Mendes is quite the favorite to win considering his film is also the front runner for Best Picture.

Other nominees include Tarantino for Once Upon A Time… In Hollywood (+1200) and Todd Philips for Joker (+5000).

How To Read Odds

When you’re betting on the Oscars or any other live event, it’s important to think about Academy Awards odds. Odds are simply the chances that a certain actor, actress, or team will win or lose a given award (or match, in the case of sports).

Odds on Indiana sportsbooks are displayed in the American style. This means that odds are in terms of $100 bets and are displayed as a negative or positive number. Negative numbers indicate crowd favorites– bets on underdogs (displayed as positive numbers) will obviously lead to higher payouts.

For example, DraftKings lists the film 1917 as having -230 Oscars betting odds. This means that this film is favored to win, so you’ll need to bet quite a bit to make a profit: a bet of $100 on -230 odds only pays out $140.

Where to Watch The Oscars Live

Can you bet on the Oscars? You bet! Can you bet on the Oscars live? Likely not, so make sure you get all of your bets in and tune in to watch the results unfold.

If you’ve got a cable provider login but no access to a channel with the Oscars, you can use this login to stream the Oscars live from your browser. The Oscars will be hosted on ABC, so if that channel isn’t available in your network, look for other options.

Additionally, if you have an account with or Disney+, you can use that login on to view the Oscars from your computer or mobile device.