Entertainment

A Guide to Oscar Betting – The Elements of The Academy Award

  • The history of Oscar and the Academy
  • Who will win the golden statue?
  • A guide to Oscar betting
A Guide to Oscar Betting
Image source: Flickr

The Academy Award often called the Oscars, is hosted every year. It is considered to be the most prestigious award in the entertainment industry. Because the reward is given by the Academy of Motion Picture Arts and Sciences. The winning names and titles are tailored with precise professionality. We made a guide to Oscar betting for you to jump into the thrill of this annual event.

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The Oscars have always been a significant event for the filming industry. For both studios and individual actors. Rewarding 24 different categories, opens a lot of doors for one to place bets on. Michigan and several other states have legalized Oscar bettings this year. Therefore, online gambling sites in the US are optimized for you to place your bets on. We created a guide to Oscar betting, to help you with that.

What is the Academy Award? – A guide to Oscar betting

The Academy of Motion Picture Arts and Sciences is hosting the Oscars each year. In which they distribute the famous golden statue (among other prizes) to the best studios and artists of the given year. Starting as a small and quick event in 1929, the Oscars grew itself into an industry giant. Broadcasted to 225 countries, delivering the most colorful and flashy ceremony known for filming history. Each year it is hosted in the Dolby Theater – LA, CA. The Oscars gambling became something much more than just simple gambling. For many people, it is the greatest competition of the year, which online and offline communities love to discuss years before the awards. We made a guide to Oscar betting for you, to understand the industry scene.  

The Academy favors mental value.

It is statistically proven that films reliving real-world events have more chance to win the Oscars of their year. Because of this, we can also assume that actors and actresses playing the roles of living people are more likely to win. Checking back the history of award-winning productions on websites such as IMDB, we can see that. What is the reason behind this? Well, the Academy is not rewarding based on the monetary value of these studios. They prefer movies making an impact on the world, by telling a story that can change and better the minds of those watching it.

Good examples of these happening are Son of SaulTitanic12 Years a SlaveBraveheart, and many other titles. Including the suggested next winner: Flee. – According to Rollingstones. When you see an upcoming movie about a historical event, or perhaps the struggle of someone who lived or lives. You should consider casting your bet on those movies because the chance to lose is very little.

A Guide to Oscar Betting

Looking out for controversy

The Academy is way too prestigious to risk its reputation for a small mistake. Because of this, whenever there is a controversy coming up about the Oscars, they make sure to make up for it in the next year. By no means they are biased, and this shouldn’t be taken as a bad thing. They are growing together with the standards of society. The latest Oscar controversy was the inequality between people of color. With evident statistics displaying that white people had more chances to win awards, the Academy decided to be more mindful of people of color. With the year following this controversy, they valued the performance of every participant equally.

What can you learn from this as a gambler? Value Twitter feeds speaking up against the Oscars because they are influencing its growth to social standards. This may be the most important part of a guide to Oscar betting. 

Speaking of numbers

In a guide to Oscar betting, we can’t afford to not explain how the betting system works. When researching the list of nominees for each category, you will see a list of titles or names. These are usually paired with a negative or positive number. The higher the chance of winning is, the lower the money return is. A negative net indicates how much you’d need to bet, to win 100$. In this format, let’s say: Random Title (-200). This means you have to risk 200$ to win 100$. But if the format is Another Random Title (+200), then you win 200$ if you risk 100$. Only take the risk of high and positive numbers, if you are certain of the victory. Otherwise, you might lose a huge amount of money. 

A Guide to Oscar Betting
Image source: Flickr

Keep track of the award count

When looking at the list of nominees on the Oscar. You should research the recent award history of those participants. Why? Because despite the distributors being different, the industry is the same. Most of these awards follow the same values. Often free from politics, and more mindful of trends and value, these awards are given to the best art pieces or performers of the year. For example, if you see an actress who dominated the film industry this year, likely, the Oscar is not going to be hesitating to offer her the crown. These awards are usually the Golden GlobeCritics ChoiceSAG Awards, or the famous Golden Raspberry Awards. The latest serves as a guide to Oscar betting on who not to place bets on.

A guide to Oscar betting – Categories

When betting on Oscars, one must be mindful of the categories. You might understand the industry of animated pictures, but do you understand the values of voice actors or support actors? This section is a guide to Oscar betting, which collects the categories for you. So you can visit websites such as Bet365, to place your bets. The most famous categories consist of the “Big Five” on which people prefer to place bets. These categories are Best Picture, Best Screenplay, Best Actor, Best Actress, and Best Director. Our website has many guides and odds collected for you to search. Which category will you choose this year?

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