Betting on the Oscars is dominated by odds on favourites, yet every year the favourites in the betting do not always come up trumps, so with a bit of astute analysis one can always seek out some value.
It is highly unlikely for a single film to win every category, the voters get to vote on each category and therefore will be disinclined to give all their votes to one film and hence many more votes might go to some second favourites than expected.
One has to concede that it will be extremely difficult for voters not to select Daniel Day-Lewis, Bet 365 are so certain of such an outcome that they are going 1/25 on such an outcome. Victor Chandler meanwhile are going 1/9 on Day-Lewis and if you like your odds on betting then you may see value in such a punt.
Cate Blanchett took best Actress last year and is therefore going to have difficulty picking up awards again this year. She is 50/1 (VC Bet) to take best actress as you might expect but as favourite for supporting actress she paves the way for some cracking valu on the outsiders in this market. So Amy Ryan and Ruby Dee at 23/10 (B365) and 4/1 (Betfair) respectively may well be in with a far better chance of picking up a gong than the bookies have predicted.
Finally, No Country for Old Men is looking to take best picture at odds of 1/3 from most bookmakers as well as best director with the Coen Brothers currently being priced at ¼ across the board. So, despite probably being the best adapted screenplay
No Country for Old men may well have had their fair share of Oscars by this point and voters may feel inclined to give the award to either 11/4 There Will be Blood or 7/2 Diving Bell and the Butterfly.
Check out the odds on Best Actor, Best Supporting Actress, Best Adapted Screenplay or the Oscars Betting Index.
