2023 Academy Awards Odds: Who Walks Away With Hollywood Glory?
All The Details On The 95th Academy Awards and More

The 95th Academy Awards are set to take place this Sunday at the Dolby Theatre in Los Angeles, California. The nominations are out and Everything Everywhere All at Once leads with a whopping 11 nominations followed by All Quiet on the Western Front with eight. If you’re looking to place some movie awards bets on the event, look no further than online sportsbooks offering 2023 Academy Awards odds. These sites offer betting lines on almost every award to be handed out, giving you a chance to win big while enjoying the show.
Best Picture
- Everything Everywhere All at Once -1500
- All Quiet on the Western Front +800
- The Banshees of Inisherin +1500
- Top Gun: Maverick +1500
- The Fabelmans +1600
- Tar +3500
- Elvis +10000
- Avatar: The Way of Water +10000
- Triangle of Sadness +10000
- Women Talking +10000
Best Actor
- Brendan Fraser (The Whale) -225
- Austin Butler (Elvis) Ev
- Colin Farrell (The Banshees of Inisherin) +1500
- Paul Mescal (Aftersun) +5000
- Bill Nighy (Living) +6000
Best Actress
- Michelle Yeoh (Everything Everywhere All at Once) -160
- Cate Blanchett (Tar) -110
- Andrea Riseborough (To Leslie) +2200
- Michelle Williams (The Fablemans) +2800
- Ana de Armas (Blonde) +4000
Best Director
- Daniel Kwan & Daniel Scheinert (Everything Everywhere All at Once) -1500
- Steven Spielberg (The Fabelmans) +450
- Martin McDonagh (The Banshees of Inisherin) +1200
- Todd Field (Tar) +1400
- Ruben Ostlund (Triangle of Sadness) +5000
Best Original Screenplay
- Everything Everywhere All at Once -165
- The Banshees of Inisherin Ev
- Tar +1000
- The Fabelmans +1500
- Triangle of Sadness +3300
Best Adapted Screenplay
- Women Talking -250
- All Quiet on the Western Front +125
- Glass Onion: A Knives Out Mystery +1600
- Top Gun: Maverick +2200
- Living +2500
Best Supporting Actor
- Ke Huy Quan (Everything Everywhere All at Once) -5000
- Brendan Gleeson (The Banshees of Inisherin) +1200
- Barry Keoghan (The Banshees of Inisherin) +1200
- Brian Tyree Henry (Causeway) +2800
- Judd Hirsch (The Fabelmans) +3300
Best Supporting Actress
- Angela Bassett (Black Panther: Wakanda Forever) -130
- Jamie Lee Curtis (Everything Everywhere All at Once) +125
- Kerry Condon (The Banshees of Inisherin) +180
- Stephanie Hsu (Everything Everywhere All at Once) +2200
- Hong Chau (The Whale) +3300
Best International Feature
- All Quiet on the Western Front -2200
- Argentina, 1985 +600
- The Quiet Girl +1200
- EO +1200
- Close +3300
Best Animated Feature
- Guillermo del Toro’s Pinocchio -2500
- Puss in Boots: The Last Wish +900
- Marcel the Shell with Shoes On +1000
- Turning Red +1500
- The Sea Beast +2000
Best Documentary Feature
- Navalny -350
- All the Beauty and the Bloodshed +300
- Fire Of Love +400
- All That Breathes +1400
- A House Made of Splinters +2500
Best Cinematography
- All Quiet on the Western Front -1000
- Elvis +400
- Empire of Light +7000
- Tar +2200
- Bardo, False Chronicle of a Handful of Truths +3300
Best Production Design
- Babylon -300
- Elvis +225
- Avatar: The Way of Water +750
- All Quiet on the Western Front +900
- The Fabelmans +3300
Best Film Editing
- Everything Everywhere All at Once -250
- Top Gun: Maverick +110
- Elvis +1800
- The Banshees of Inisherin +2000
- Tar +3300
Best Visual Effects
- Avatar: The Way of Water -3000
- Black Panther: Wakanda Forever +800
- Top Gun: Maverick +900
- All Quiet on the Western Front +2000
- The Batman +3300
Best Costume Design
- Elvis -240
- Black Panther: Wakanda Forever +175
- Everything Everywhere All at Once +550
- Mrs. Harris Goes to Paris +2000
- Babylon +2500
Best Makeup & Hairstyling
- Elvis -220
- The Whale -110
- The Batman +2200
- Black Panther: Wakanda Forever +2500
- All Quiet on the Western Front +3000
Best Sound Mixing
- Top Gun: Maverick -850
- All Quiet on the Western Front +325
- Elvis +1400
- Avatar: The Way of Water +1400
- The Batman +3300
Best Original Score
- Babylon -190
- All Quiet on the Western Front +140
- The Fabelmans +600
- Everything Everywhere All at Once +2000
- The Banshees of Inisherin +2200
Best Original Song
- Naatu Naatu (RRR) -425
- Lift Me Up (Black Panther: Wakanda Forever) +350
- Hold My Hand (Top Gun: Maverick) +450
- This is a Life (Everything Everywhere All at Once) +1600
- Applause (Tell It Like a Woman) +3000
Best Live Action Short Film
- An Irish Goodbye -110
- Le Pupille +130
- The Red Suitcase +500
- Night Ride +1000
- Ivalu +1200
Best Animated Short
- The Boy, the Mole, the Fox & the Horse -400
- My Year of Dicks +475
- Ice Merchants +600
- The Flying Sailor +900
- An Ostrich Told Me the World is Fake & I Believe +1500
Best Documentary Short
- The Elephant Whisperers -135
- Haulout +300
- Stranger at the Gate +375
- How Do You Measure a Year? +700
- The Martha Mitchell Effect +1000
2022 Oscars Betting Results
Last year’s Academy Awards was a predictable affair. All but two of the favorites won their respective awards (21-2) with Jane Campion of The Power of the Dog leading the way as a whopping -3500 to win Best Director. The biggest underdog to win was The Windshield Wiper from the Best Animated Short category at +500. Dune came away with the most wins with six.
- Best Picture – CODA (-155)
- Best Actor – Will Smith – King Richard (-800)
- Best Actress – Jessica Chastain – The Eyes of Tammy Faye (-140)
- Best Director – Jane Campion – The Power of the Dog (-3500)
- Best Supporting Actor – Troy Kotsur – CODA (-800)
- Best Supporting Actress – Ariana DeBose – West Side Story (-1600)
- Best Original Screenplay – Belfast (+110)
- Best Adapted Screenplay – CODA (-250)
- Best Cinematography – Dune (-500)
- Best Animated Film – Encanto (-1000)
- Best International Film – Drive My Car (-2500)
- Best Documentary – Summer of Soul (-360)
- Best Film Editing – Dune (-125)
- Best Production Design – Dune (-300)
- Best Costume Design – Cruella (-450)
- Best Makeup & Hairstyle – The Eyes of Tammy Faye (-280)
- Best Song – No Time to Die (-225)
- Best Sound – Dune (-1200)
- Best Score – Dune (-500)
- Best Visual Effects – Dune (-3500)
- Best Documentary Short – The Queen of Basketball (-155)
- Best Animated Short – The Windshield Wiper (+500)
- Best Live Action Short – The Long Goodbye (-225)
How to Bet on Oscars?
As you can see, fans can bet on almost every award offered by the Academy. The major awards are almost always available including Best Picture and both Best Actor and Best Actress. The more specific awards are also there as Best Cinematography, Best Film Editing, and the two screenplay awards: Best Original Screenplay and Best Adapted Screenplay. As we approach the 2023 Academy Awards ceremony, many betting sites will likely offer updated 2023 Academy Awards odds for each category.
Going by the entertainment betting odds, these are written in an American format. They indicate the probability of a nominee to win – the shorter their odds (smaller numbers), the more likely and the longer (larger numbers), the less likely:
- Michelle Yeoh (Everything Everywhere All at Once) -160
- Cate Blanchett (Tar) -110
- Andrea Riseborough (To Leslie) +2200
- Michelle Williams (The Fablemans) +2800
- Ana de Armas (Blonde) +4000
Looking at these 2023 Best Actress nominations, Michelle Yeoh is the favorite to win at -160. This line means a wager of $160 returns $100. Ana de Armas, on the other hand, is the long shot at +4000. That means a wager of $100 will pay $4,000 if she somehow wins.
If you convert these betting lines to implied probability, Yeoh’s -160 implies a 61.5 percent chance roughly. For de Armas, +4000 suggests she only has a 2.4 percent chance of winning.
What To Know Before Betting the Oscars
Fans can simply bet on all of the favorites and come away with some kind of profit. But upsets happen, and the betting odds change from when the nominations are announced to just before the event. A little bit of research can go a long way in finding the best value for these lines, especially as updated 2023 Academy Awards odds become available closer to the ceremony.
Fans can simply bet on all of the favorites and come away with some kind of profit. But upsets happen and the betting odds change from when the nominations are announced to just before the event. A little bit of research can go a long way in finding the best value for these lines.
Who Votes for the Oscar Winners?
Find out who is responsible for voting for the Oscars winners – The Academy of Motion Picture Arts and Sciences. There are over 8,000 members that make up the organization, which is composed mainly of actors, writers, directors, producers, and other chief film crew like cinematographers and editors.
These members are divided into different branches that nominated and vote winners based on their field: directors nominate and vote for directors, editors for editors, costume designers for costume designers and so forth.
Best Picture Oscars Voting
But voting on the Best Picture, the most prestigious award of the ceremony, is a bit of a different process. When it comes to the other categories, the members get one vote each. They vote for the winner. For the Best Picture, members use a “preferential voting” system and rank their Best Picture winners (as opposed to voting for just one film).
Based on this system, a film wins Best Picture when it receives votes that exceed 50 percent of the tallies. It first counts all the No. 1 votes, then the No. 2 votes, then No. 3 etc. until a film goes over the 50 percent mark.
This was instituted since the Academy decided to nominate up to 10 Best Picture contenders thus resulting in a possible winner receiving fewer than 10 percent of the votes.
A Prelude to the Oscars: Award Shows and Film Festivals
To get an idea how the Oscars will shape out, watch how some earlier major award shows turn out. The ones of note are the Golden Globes, Critics’ Choice Awards, and to an extent, the British Academy of Film and Television Arts (BAFTA).
The films, actors, and crew that win in these awards tend to go on to win in the Academy Awards. The online sportsbook will adjust the betting odds on the early contenders depending how they fare in these award shows.
But that’s not all. There are also award shows made specifically for a part of filmmaking. These are as follows:
- Screen Actors Guild (SAG) – focuses on acting
- Writers Guild of America Awards – focuses on screenwriting/writing
- Directors Guild of America Awards – focuses on directing
- Golden Reels – focuses on editing
- ASC Awards – focuses on cinematography
- ASCAP Awards – focuses on music/composers in film
- VES Awards – focuses on visual effects
- Costume Designer Guild Awards – focuses on costume design
- Hollywood Makeup/Hairstylist Awards – focuses on makeup and hairstyling
Pay close attention to the winners of these awards as some of the voters here also vote in the Academy or have influence on their voters.
And lastly, film festivals are also a good way to gauge which films, actors, and crew are going to receive Oscar nods or be favored to win them. The main five film festivals of note are:
- Cannes Film Festival
- Berlin International Film Festival
- Venice Film Festival
- Toronto International Film Festival
- Sundance Film Festival
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