2011 Oscar Betting Odds Narrow As “Smart” Money Rolls In

Now that the Super Bowl is over, it’s time to start thinking 2011 Oscar Betting.  The awards ceremony has routinely come in as the 3^rd biggest single day betting event of the year after the Super Bowl and Kentucky Derby, based on Gambling911.com research.  It is the most wagered on nonsporting event after the US Presidential race.

While the volume of gamblers is substantial, individual bets tend to be much smaller than those placed during the Super Bowl and Derby.  This is primarily due to maximum amounts allowed (typically $500 for each category) and the steep prices often tied to a number of categories.  Colin Firth, for example, would require a $220 bet just to win $10 (the $220 does have a 98 percent chance of being refunded, however, at Bookmaker.com based on those odds). 

The Orlando Sentinel has broken it all down for us (these odds are courtesy of Bookmaker.com):

BEST SUPPORTING ACTOR

CHRISTIAN BALE – THE FIGHTER                            -1300               93%

GEOFFERY RUSH – THE KING’S SPEECH             +300                25%

JEREMY RENNER – THE TOWN                              +2200              0.45%

JOHN HAWKES – WINTER’S BONE                        +2200              0.45%

MARK RUFFALO – THE KIDS ARE ALL RIGHT        +2200              0.45%

BEST ACTRESS

ANNETTE BENING – THE KIDS ARE ALL RIGHT     +400                20%

JENNIFER LAWRENCE – WINTERS BONE             +1300              7%

MICHELLE WILLIAMS – BLUE VALENTINE               +3500              0.05%

NATALIE PORTMAN – BLACK SWAN                       -1225               70%

NICOLE KIDMAN – RABBIT HOLE                             +2500              0.2%

BEST PICTURE

127 HOURS                                                                +4000              0.01%

BLACK SWAN                                                            +4000              0.01%

INCEPTION                                                                 +4000              0.01%

THE FIGHTER                                                            +2500              0.4%

THE KIDS ARE ALL RIGHT                                        +4000              0.01%

THE KING’S SPEECH                                                -400                 80%

THE SOCIAL NETWORK                                          -350                 78%

TOY STORY 3                                                            +4000              0.01%

TRUE GRIT                                                                 +2500              .2%

WINTER’S BONE                                                       +4000              0.01%

LEADING ACTOR

JAVIER BARDEM – “BIUTIFUL”                                              +2500              0.2%

JEFF BRIDGES – “TRUE GRIT”                                             +2000              0.5%

JESSE EISENBERG – “THE SOCIAL NETWORK”               +1000              1%

COLIN FIRTH – “THE KING’S SPEECH”                                -2200               98%

JAMES FRANCO – “127 HOURS”                                          +900                10%

BEST SUPPORTING ACTRESS

AMY ADAMS – “THE FIGHTER”                                              +1200              7.7%

HAILEE STEINFELD – “TRUE GRIT”                                     +200                33.3%

HELENA BONHAM CARTER – “THE KING’S SPEECH”       +300                25%

JACKI WEAVER – “ANIMAL KINGDOM”                                 +1500              0.7%

MELISSA LEO – “THE FIGHTER”                                           -500                 83.3%

BEST DIRECTOR

DARREN ARONOFSKY – “BLACK SWAN”                           +1500              0.7%

DAVID FINCHER – “THE SOCIAL NETWORK”                     -1600               95%

DAVID O. RUSSELL – “THE FIGHTER”                                 +2200              3%

JOEL COEN AND ETHAN COEN – “TRUE GRIT”                 +1500              0.7%

TOM HOOPER – “THE KING’S SPEECH”                             -2000               96.5%

- Jordan Bach, Gambling911.com