91st Academy Awards Betting Odds
On February 24, Hollywood elites and other film professionals gather to observe all things theater to the 91st Academy Awards.
The greatest films of the year move head-to-head vying for top honors, aka a statue that looks like a Ken doll which fell into a vat of gold nail polish. Winners are chosen by members of the Academy of Motion Picture Arts and Sciences (AMPAS), an organization comprising roughly 6,000 movie industry professionals.
Oddsmakers calculate Academy Awards betting odds by discovering each nominee’s chance of winning their respective category. One of the wonderful things about Oscar gambling lines is that they often arrive with low juice commission the sportsbook takes from every wager. Considering that wagering on the Oscars just comes after annually, unlike gambling on football, online betting sites provide more affordable lines to provide bettors an incentive.
Among the largest betting opportunities is a bet on Best Picture. However, among the worst beats in the background of gambling came on February 26, 2017, when Faye Dunaway and Warren Beatty presented the award for Best Picture. For those who have selected to block this here’s a recap:
Dunaway and Beatty announced that La La Land had won the Oscar for Best Picture. Unfortunatly, the winner was Moonlight. It was just when the producer of La La Land, Jordan Horowitz, accepted the award that the error was realized. Dunaway and Beatty was given the incorrect envelope — the one containing the outcomes for Best Actress, that had been given to Emma Stone. It was a huge upset, and of course it was an embarrassing moment could be an understatement.
La La Land was the heavy favorite and bettors believed they’d be collecting their winnings after Bonnie and Clyde declared Best Picture. Regrettably, those bettors found themselves on the losing side of a bad beat. On the other hand, individuals who took Moonlight to win Best Picture had it created.
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