Betting on the Academy Awards: Odds Differ Across Board
When betting on the Academy Awards, Gambling911.com suggests shopping wisely just as you would a brand new automobile. Not only do you want the best price on odds, it's important to find online gambling websites that offer some of the best bonuses available.
BetUS.com offers some of the top cash bonuses - 50 percent on your initial deposit. SBG Global offers a similar cash bonus structure. But the typical Academy Awards gambler will be betting $25 a pop so most of these companies do not expect large deposits coming in just to bet on this awards show.
Gamblers betting on the 2009 Academy Awards must look for the best odds in order to save money.
While Super Book might offer a smaller cash bonus (10 percent upon joining), they tend to offer some of the most enticing lines. Case in point, Slumdog Millionaire was being as a -300 favorite on Saturday. This means you would have to bet $30 to win $10 on what seems like it will be a "sure thing" (you get the $30 bet back plus the $10 profit should Slumdog Millionaire win). On Sunday, Sportsbook.com made Slumdog an even bigger favorite at -500, but even that number could have value. A $50 bet pays $10 (get the $50 bet plus $10 profit back if Slumdog Millionaire wins).
Now compare this line with that of other online gambling websites offering Slumdog Millionaire at -1000 and up. At most websites, one would have to bet $100 or more to win $10.
Among the tightest categories this year is "Best Supporting Actress". Always look for the best odds on the supporting actress you want to win.
Penelope Cruz is the favorite at all online gambling sites, but some require a smaller risk. Let's look at some examples:
Super Book - You need to bet $14 to win $10.
SBG Global - You need to bet $27.50 to win $10.
BetUS.com- You need to bet $14 win $10.
Where would you want to bet Penelope Cruz? Obviously the gambling website with the lowest risk to reward ratio and that would be either Super Book or BetUS.com.
Some say that Amy Adams could take home the statuette. She has the next shortest odds, but some online gambling websites have Davis paying much more.
Let's take a look:
Super Book - Pays $20 for every $10 bet.
SBG Global - Pays $75 for every $10 bet.
BetUS.com - Pays $40 for every $10 bet.
Looks like a "no brainer" to us. You would obviously bet this one at SBG Global where the payout is nearly four times that of Super Book.
This illustrates the importance of shopping for the best odds when betting on the Academy Awards. In fact, Gambling911.com stresses that one should open a minimum of three online betting accounts in order to take full advantage of each website's bonus program and the best priced odds.
Christopher Costigan, Gambling911.com Publisher
