2009 Academy Awards Betting Unprecedented
"We have not seen anything like this!" exclaimed Gambling911.com Senior Editor, Payton O'Brien, noting that the number of 2009 Academy Awards betting inquiries was more than in any previous year heading into Oscar Weekend. O'Brien is predicting record breaking action on the Academy Awards for the online gambling sector. "There is an incredible demand for Oscar betting and it appears greater than in previous years despite the economic downturn."
The Oscars is traditionally the third most bet on single day event of the year after the Super Bowl and Kentucky Derby.
"We weren't noticing a whole lot of Super Bowl betting inquiries coming in the days leading up to that Sunday," O'Brien said. "Of course the bottom fell out Super Bowl Sunday, our biggest traffic day ever. But what is interesting is the steady number of inquiries already witnessed for Oscar Sunday, even early in the week."
Case in point, the 2009 Oscars Betting section was the most trafficked much of the week.
"It is unusual to have an actual section on the Gambling911.com website receiving more readers than headline articles," O'Brien acknowledged.
Most of the major online gambling websites (see the Gambling911.com Sportsbook section) were offering bets on the Oscars.
2009 Academy Awards betting was also available overseas at many of the land-based bookmakers, including those in the United Kingdom and Ireland (a region that embraces online gambling as well). Oscar betting was not to be found in Las Vegas, however.
Millions of dollars will be bet over the weekend on the Academy Awards.
Typically online gambling sites allow for larger maximum bets on the Oscars compared with other entertainment wagering options (the novelty bets).
"You can bet a hundred to a few hundred dollars max on the Oscars though the average Academy Awards wager will tend to be closer to $25," O'Brien said. "So even though the volume of bets is going to be substantial, online gambling websites will not see the same type of money coming in as they do with the Super Bowl or Kentucky Derby where $1000 bets are not so uncommon."
Christopher Costigan, Gambling911.com Publisher
"We have not seen anything like this!" exclaimed Gambling911.com Senior Editor, Payton O'Brien, noting that the number of 2009 Academy Awards betting inquiries was more than in any previous year heading into Oscar Weekend. O'Brien is predicting record breaking action on the Academy Awards for the online gambling sector. "There is an incredible demand for Oscar betting and it appears greater than in previous years despite the economic downturn."
The Oscars is traditionally the third most bet on single day event of the year after the Super Bowl and Kentucky Derby.
"We weren't noticing a whole lot of Super Bowl betting inquiries coming in the days leading up to that Sunday," O'Brien said. "Of course the bottom fell out Super Bowl Sunday, our biggest traffic day ever. But what is interesting is the steady number of inquiries already witnessed for Oscar Sunday, even early in the week."
Case in point, the 2009 Oscars Betting section was the most trafficked much of the week.
"It is unusual to have an actual section on the Gambling911.com website receiving more readers than headline articles," O'Brien acknowledged.
Most of the major online gambling websites (see the Gambling911.com Sportsbook section) were offering bets on the Oscars.
2009 Academy Awards betting was also available overseas at many of the land-based bookmakers, including those in the United Kingdom and Ireland (a region that embraces online gambling as well). Oscar betting was not to be found in Las Vegas, however.
Millions of dollars will be bet over the weekend on the Academy Awards.
Typically online gambling sites allow for larger maximum bets on the Oscars compared with other entertainment wagering options (the novelty bets).
"You can bet a hundred to a few hundred dollars max on the Oscars though the average Academy Awards wager will tend to be closer to $25," O'Brien said. "So even though the volume of bets is going to be substantial, online gambling websites will not see the same type of money coming in as they do with the Super Bowl or Kentucky Derby where $1000 bets are not so uncommon."
Christopher Costigan, Gambling911.com Publisher
