Bet on the Oscars with These Quality Sportsbooks

Author Image Author: | Last Updated: August 2024

Our expert reviewers have evaluated dozens of online sportsbooks to find the best Oscars betting sites. Today, we want to share our recommendations with you. 

This guide covers everything you need to know about betting on the Oscars. After showcasing our recommended sites, we’ll explain how to bet on the Oscars. On top of that, we’ll share our top Academy Awards betting tips. 

It’s time to roll out the red carpet for your winning wagers!

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Top Sportsbooks to Bet on the Oscars

The best online sportsbooks deliver an unrivalled Oscars betting experience. You can expect to find competitive odds, attractive bonuses, and a wide range of Academy Awards betting markets. 

Here are our top-rated Oscars betting sites: 

  • BetUS – Best Oscars Betting Site Overall 
  • SportsBetting.ag – Best Bonuses and Promotions for Oscars Bettors 
  • BetOnline – Best Variety of Oscars Betting Markets 
  • Bovada – Best Sportsbook for Oscars Props

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Best Oscars Betting Site Overall

BetUS
125% up to $2,625 Welcome Bonus
Casino Games: Blackjack, Slots, Video poker +2 more Roulette, Baccarat.
Live Dealer: Yes
Payment Options: Visa, MasterCard, American Express +7 more American Express, Bitcoin Cash, Litecoin, Ethereum, Bank Transfer, Bankwire, Check.

We rank BetUS as the best Oscars betting site overall. Since 1994, BetUS has been a leading light in the online gambling industry. Every year, they serve up tons of exciting Oscars betting opportunities, from traditional outrights to unique props.

New customers can take advantage of a 125% welcome bonus worth up to $3,125. This includes a 100% sportsbook bonus of up to $2,500, which can be used to bet on the Oscars. They also provide loads of ongoing promotions, including reloads, cash bonuses, and crypto perks.

BetUS offers a wide array of secure banking options. They accept multiple credit/debit cards, cryptocurrencies, and bank wire transfers, with minimum deposits starting at just $10. Plus, BetUS offers seamless mobile wagering and first-rate customer service.

Best Bonuses and Promotions for Oscars Bettors

SportsBetting.ag
100% up to $3,000 Welcome Bonus
SportsBetting Screenshot
Casino Games: Slots, Blackjack, Video poker +4 more Live dealer, Baccarat, Roulette, Craps.
Live Dealer: Yes
Payment Options: Bitcoins, Bitcoin Cash, Cardano +10 more Dogecoin, Ethereum, Litecoin, Ripple, Tether, MasterCard, American Express, Visa, Bank Transfer, Check.

If you’re looking for an Oscars betting site with a broad selection of bonuses and promotions, look no further than SportsBetting.ag. All of our favorite Oscars betting sites have attractive offers, but SportsBetting.ag takes the top award in this category.

You can start by claiming a 100% welcome bonus of up to $500 on your first two deposits. This gives you a total of $1,000 in bonus funds to bet on the Oscars. The offer has a relatively low 14x wagering requirement, making it an attractive option for any Oscars bettor.

SportsBetting.ag also has a 100% crypto welcome bonus, several reload bonuses, and other evergreen promotions. On top of that, the refer-a-friend program gives you the chance to earn a 200% bonus of up to $200.

Best Variety of Oscars Betting Markets

BetOnline
100% up to $1,000 Welcome Bonus
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Casino Games: Slots, Video poker, Blackjack +5 more Craps, Baccarat, Roulette, Live dealer, Progressive jackpot.
Live Dealer: No
Payment Options: Visa, MasterCard, American Express +14 more Bitcoins, Ethereum, Litecoin, Bitcoin Cash, Interac e-Transfer, Person2Person Transfers, Money Order, Bank Transfer, Check, Cardano, Dogecoin, Ripple, Tether, Usdt.

BetOnline is undoubtedly one of the best entertainment betting sites out there. They’re renowned for dishing up a wide variety of markets for awards shows, talent competitions, and reality TV shows. Thankfully, they never miss the mark when it comes to the Oscars.

You can wager on all the major categories, including Best Picture, Best Actor/Actress, and Best Director. But they don’t stop there. In the lead-up to the event, BetOnline publishes odds for many other categories, including Best Supporting Actor/Actress and Best Original Screenplay.

We also love the fact that BetOnline publishes Oscars lines before most other online sportsbooks. As soon as the latest edition of the event is over, BetOnline is looking ahead to the next edition.

Best Sportsbook for Oscars Props

Bovada
100% up to $1,000 Welcome Bonus
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Casino Games: Slots, Video poker, Blackjack +5 more Craps, Baccarat, Roulette, Keno, Live dealer.
Live Dealer: No
Payment Options: Visa, MasterCard, Bitcoins +6 more Bitcoin Cash, Litecoin, Ethereum, Secure Voucher, Bank Transfer, Check.

Betting on the Oscars is always fun, but placing prop bets can take the excitement to a whole new level. Having assessed a large number of online sportsbooks, we’re confident that Bovada is the best destination for Oscars props.

Will Actor A be in attendance to collect his award? Will Actress B swear during her acceptance speech? Will the host name the wrong winner of a category? These are some examples of Oscars props that you could come across at Bovada.

You may also find prop bets concerning relationships, costumes, makeup, and hairstyles at the Academy Awards show. Oscars props present intriguing betting opportunities each year, so be sure to check out Bovada’s unique offerings before the next edition of the event.

Comparing Oscars Betting Sites

Comparing Oscars Betting Sites

Here’s a look at our top Oscars sportsbooks, including information on their lines, when odds are posted, and bonuses. As Oscars season approaches, we’ll update this table with more relevant information.

Oscars Sportsbook # of Lines on the Oscars When Are Odds Posted? Sports Welcome Bonus Read Review 
BetUS 6 (Current) All Year Round 125% up to $3,125 BetUS Review 
SportsBetting.ag 6 (Current) All Year Round 100% up to $1,000 SportsBetting.ag Review 
BetOnline 6 (Current) All Year Round 50% up to $250 BetOnline Review 
Bovada 6 (Current) All Year Round 50% up to $250 Bovada Review 
How We Evaluate Where to Bet on the Oscars

How We Evaluate Where to Bet on the Oscars

You will be pleased to learn that our process for rating and ranking gambling sites is thorough and stringent. We leave no stone unturned when it comes to analyzing online sportsbooks, and we only endorse sites that pass our rigorous test. 

Consequently, our recommended Oscars betting sites also rank highly in these areas:

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Competitive Odds on the Oscars

Most entertainment betting sites offer Oscars odds, but our top-rated sites go above and beyond to deliver the best odds in the business. Their competitive prices enable bettors to access value that can’t be found elsewhere.

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Props and Other Wagers Available

It’s not just Bovada that offers Oscars prop bets. While Bovada is our top recommendation for Oscars props, all of our favored sites provide props and other unique markets. For the best variety of Oscars betting markets, stick with our recommended sites.

How to Bet on the Oscars

How to Bet on the Oscars

Now that you know where to bet on the Oscars, it’s time to learn how to bet on the Oscars. For those unaware, the annual ceremony honors outstanding achievements in the film industry. You can bet on categories relating to acting, directing, writing, and production. 

The event is organized by the Academy of Motion Picture Arts and Sciences (AMPAS). The voting process is carried out by Academy members, who are professionals in different sectors of the industry. 

In terms of Oscars odds, the prices represent the probability of a nominee winning an award. Sportsbooks set the odds based on their research. If a nominee is priced at +300 to win an award, you would win $300 on a $100 wager. 

Let’s break down the most popular Oscars categories and look at how to find betting value in each market.    

The cast and crew of "Oppenheimer" accept the award for best picture during the Oscars on Sunday, March 10, 2024, at the Dolby Theatre in Los Angeles. (AP Photo/Chris Pizzello)

Best Picture

The Best Picture award is traditionally the final award of the event and is widely regarded as the most prestigious Oscar. It goes to the producers of the best film and is the only category that every Academy member is allowed to vote on.

You can find betting value in the Best Picture market by studying the results of precursor awards, considering industry buzz and reviews, and researching historical Oscars trends.

FILE - Steven Spielberg arrives at the Oscars, March 10, 2024, in Los Angeles. Celebrities including Spielberg are increasingly lending their star power to President Joe Biden, hoping to energize fans to vote for him in November or entice donors to open their checkbooks for his reelection campaign. (AP Photo/Ashley Landis, File)

Best Director

The Best Director award is “given in honor of a film director who has exhibited outstanding directing while working in the film industry”. This award is often presented to the director of the most prominent movie of the year.

When it comes to betting on the Best Director award, pay attention to technical aspects like innovative directing techniques and unique storytelling. Also, look for highly respected directors with a successful past.

Cillian Murphy, winner of the award for best performance by an actor in a leading role for "Oppenheimer," left, poses with Mstyslav Chernov, winner of the award for best documentary feature film for "20 Days in Mariupol" at the Governors Ball after the Oscars on Sunday, March 10, 2024, at the Dolby Theatre in Los Angeles. (AP Photo/John Locher)

Best Actress and Best Actor

The Best Actress and Best Actor awards are given to the best female and male in a leading role. Multiple winners include legendary names like Daniel Day-Lewis, Tom Hanks, Katherine Hepburn, and Meryl Streep.

It’s worth checking professional and audience reviews when predicting the winner of these awards. We also recommend focusing on actresses/actors who have undergone physical transformations in order to adapt to a role.

Robert Downey Jr. accepts the award for best performance by an actor in a supporting role for "Oppenheimer" during the Oscars on Sunday, March 10, 2024, at the Dolby Theatre in Los Angeles. (AP Photo/Chris Pizzello)

Best Supporting Actress and Best Supporting Actor

While the Best Supporting Actress/Actor awards are not as prestigious as the Best Actress/Actor awards, they’re still among the biggest honors. As a result, these categories generate plenty of betting interest.

It’s often easier to predict the winners of these awards, as the best supporting roles tend to stand out. That said, performers with prior nominations or awards in supporting categories sometimes have an edge.

Finneas O'Connell, left, and Billie Eilish pose in the press room with the award for best original song for "What Was I Made For?" from "Barbie" at the Oscars on Sunday, March 10, 2024, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)

Other Markets

In total, there are 24 Oscars categories. This means that you can wager on awards concerning screenplay, cinematography, production, editing, visual effects, music, and many other areas.

You can find betting value in these markets by carrying out thorough research. Sportsbooks put a lot of time and effort into pricing the most popular categories, but not as much care goes into pricing the lower-profile categories. This is where you can take advantage of attractive value.

Tips for Betting on the Oscars

Tips for Betting on the Oscars

The following tips are not generic entertainment betting tips. Instead, the advice in this section is specific to the Oscars. Let’s get this show on the road!

Study Precursor Awards Shows 

Precursor awards shows like the Golden Globes, BAFTA Awards, and Screen Actors Guild Awards can give you an idea of what might happen at the Oscars. These events come before the Oscars, so you can use the results to aid your wagers.  

In 2020, “1917” won the Best Motion Picture award at the Golden Globes and the Best Film award at the BAFTAs. At the Oscars, the same film won the Best Director award. In 2022, Will Smith’s performance in “King Richard” saw him triumph at the SAG Awards before winning the Best Actor award at the Oscars.

Monitor Reviews and Audience Ratings

Before you bet on the Oscars, be sure to look at websites like Rotten Tomatoes and other platforms that publish reviews and audience scores. Films and actors with positive reviews and high ratings typically perform better at the Oscars.  

For instance, “Parasite” won the Best Picture award at the 2019 Oscars. At that time, the film had a 98% rating on Rotten Tomatoes. While you shouldn’t base your Oscars predictions entirely on reviews and ratings, they can be a helpful indicator.

Consider Historical Trends and Patterns

There are new winners at every Oscars ceremony, but this doesn’t mean that you should ignore historical trends. Understanding the Academy’s voting patterns will only increase your chances of winning money.  

With that in mind, we recommend looking at which type of film/actor/director has won the category in previous years. This will give you a good idea of which nominees stand the best chance of success each year.

Evaluate Industry Buzz

If you’re serious about betting on the Oscars, it’s important to gauge the industry buzz around films and performers. You can do this by following experts and film critics on social media, enabling you to keep up to date on the latest insights.  

You can also subscribe to online blogs and forums. These platforms give experts and fans the opportunity to share their thoughts. Who knows? You may even come across some insider information!

Analyze the Competitiveness of Each Category 

Some Oscars have clear winners, with one film/actor favored to dominate the category. On the flip side, some categories are stacked with multiple high-profile contenders. While these categories are harder to predict, they often present excellent betting value.  

For example, the Best Actress category in 2021 featured Frances McDormand, Viola Davis, Carey Mulligan, Vanessa Kirby, and Andra Day. Each actress delivered an outstanding performance that year, but McDormand eventually won for her role in “Nomadland”. 

If you correctly predict a competitive category, you could land a tasty profit.

Responsible Gambling

We’re proud to endorse the best Oscars betting sites, but we’re also determined to highlight the dangers of gambling addiction. You will find responsible gambling tools at the safest sports betting sites. Plus, you can seek professional help from these organizations: 

Get Started with a Bet on the Oscars

Many online sportsbooks allow you to bet on the Oscars, but our recommended Oscars betting sites are the cream of the crop. Our top-rated sites serve up sharp Oscars odds, generous bonuses, and tons of interesting Academy Awards betting markets. 

Now that you know where to bet on the Oscars, it’s time to join a site and get in on the fun. While BetUS is our favorite Oscars betting site overall, all of our recommendations are worth exploring. 

Looking for more entertainment betting advice? Check out these pages: 

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About the Author

Ben Morris is a sports and casino writer who started with GamblingSites.org in 2024. However, he has more than a decade of experience in the industry. He has a particular interest in European soccer, but also enjoys betting on tennis and playing online slot games. His work has appeared in Sportico and TheSportsGeek.