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- Best Cinematography
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The 2021 Oscars is set to take place on April 25, 2021 as some sportsbooks are beginning to release early odds. In 2020, only Indiana and New Jersey allowed legal betting on the Academy Awards although there is hope more states legalize the market.
888sport, a legal US operator in the United States, also has betting shops set up overseas and they’re one of the first to open their numbers.
The 2021 Oscars is set to take place on April 25, 2021 as some sportsbooks are beginning to release early odds. In 2020, only Indiana and New Jersey allowed legal betting on the Academy Awards. Scorsese's Casino, a tale of greed and glittering Las Vegas decadence in the 1970s, with a sole unsuccessful nomination for Sharon Stone, lacked awards-nominations in a number of other categories (Best Director, Best Picture, Best Cinematography, Best Adapted Screenplay), and Robert DeNiro was un-nominated for his role as ill-fated Jewish.
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Along with the well-known award show, 888sport is offering other entertainment markets which includes the Grammys, Emmys and various other special markets.
What Odds Are Offered For The Oscars?
Typically, most of the big categories will see odds offered at the Academy Awards. The most popular categories include Best Picture, Best Lead Actor and Best Lead Actress.
The other categories range from popular ones such as Best Supporting Actor/Actress and Best Director to the smaller-known categories such as Best Costume Design and Best Sound Mixing.
Listed below are odds per 888sport, which are always subject to change.
Best Cinematography
2021 Oscars Best Picture Odds
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Updated Sun., Jan. 17, 11:00 AM ET - Consensus Odds Provided by VI - Subject to Change
While betting on the Academy Awards or any award show is only legal in two states, these betting markets could be available any year in states with legal betting moving forward.
2021 Oscar Odds: Key Info & Categories
- Show Date: April 25, 2021
- Time/Network: TBD
There are currently no nominations for the 2021 Oscars, with legal sportsbooks only offering Best Picture odds. That will change as nominations are announced for various categories. Here are the categories that typically offer odds at the Oscars.
- Best Picture
- Best Director
- Best Lead Actor
- Best Lead Actress
- Best Supporting Actor
- Best Supporting Actress
- Best International Feature
- Best Original Screenplay
- Best Adapted Screenplay
- Best Documentary Feature
- Best Animated Feature
- Best Cinematography
- Best Production Design
- Best Film Editing
- Best Visual Effects
- Best Animated Short
- Best Documentary Short
- Best Live Action Short
- Best Costume Design
- Best Makeup & Hairstyle
- Best Original Score
- Best Original Song
- Best Sound Editing
- Best Sound Mixing
Be sure to continue checking back, as more odds for these categories are released.
Who Picks Oscars Winners?
The Academy of Motion Picture Arts and Sciences picks the winners of each category for the Oscars. There are over 8,000 members that make up the organization, which comes from a variety of positions within the film industry.
The Academy is made up of 'branches'. There are specific branches, each branch having at least one category at the Oscars. The branches include:
- Actors/Actresses
- Writers
- Directors
- Producers
- Music
- Makeup
- Hairstyle
- Sound
- Editors
- Animation
- Short Films
- Visual Effects
- Costume Designers
- Documentary
- Production Designers
Each branch has at least one category, in which specific branch members nominate and vote on winners. Directors nominate and vote for directors, production designers nominate and vote for other production designers, etc...
Best Picture Oscars Voting
The Best Picture category is the only category that uses a different voting system to pick its winner. All the other categories, members get just one vote. With the Best Picture category, members rank the movies in order of preference.
This is because there are so many nominations for Best Picture now (up to nine in 2020), the Academy wanted to avoid a winner only receiving a possible 10% of votes. The system used for the Best Picture category is known as 'preferential voting'.
This system, according to Variety adds up all the No. 1 votes first. If those votes exceed 50% then the film wins, although this is apparently a very rare circumstance.
If a film that receives the most No. 1 votes is under 50%, then the counting goes to the most No. 2 votes until a film exceeds 50%. If no film has over 50% of the votes after counting all No. 1 and No. 2 votes, then the counting moves to the most No. 3 votes. This is repeated until a film goes over the 50% mark.
How to Bet on 2021 Oscars Odds
Betting on the Oscars is no different than a typical sports wager. You have your typical money-line for one favorite and multiple underdogs. This betting is most common with motorsports or golf betting, essentially 'group betting' a winner. Below is an example of what odds looked liked for one of last year's categories.
2020 Best Picture Odds
- 1917 (-167)
- Parasite (+200)
- Once Upon A Time In Hollywood (+950)
- Joker (+1250)
- The Irishman (+6600)
- Jojo Rabbit (+9000)
- Marriage Story (+10000)
- Little Women (+15000)
- Ford v Ferrari (+25000)
If a bettor wanted to wager on Parasite to win Best Picture, then it would cost a bettor $100 to possibly win back $300 ($100 wager + $200 winnings). If a bettor wanted to wager on 1917 to win instead, then it would cost a bettor $167 to possibly win back $267 ($167 wager + $100 winnings).
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Generally speaking, most games in a standard casino fall into one of three categories: table games, slot machines or video poker machines. This is true online as well as offline. Examples of game types that doesn’t fit into these categories are scratch cards, lottery games, and sports betting, which may be available in some casinos, especially online. Arcade-style games, such as grab games, are available in some brick-and-mortar casinos.
Examples of popular table games are Roulette, Black Jack and Craps. Many casinos also offer at least one type of casino poker, such as Caribbean Stud Poker. When you play casino poker, you play against the house – not against other players.
While slot games and video poker games are both screen games, there is one big difference between them: video poker have a skill element while virtually all slot machines are 100% based on luck. Even when you do get to make decisions in a slot game, such as selecting one of three treasure chests, the result is determined by the Random Number Generator.
Playing Black Jack
Black Jack is a game that can be played with one or more standard 52 card decks. The goal of the game is to get a hand worth more than the dealer. The highest ranking hand is a hand consisting of an ace + a 10 point card.
Black Jack use a point system where each card within the 2-10 span is worth its numerical value. Jack, Queen and King are worth 10 points each, while the Ace is worth 1 point or 11 points, depending on what’s best for the hand at any given moment.
If a hand reaches 22 points or more in Black Jack, it is immediately forfeited, the bet is lost and the hand is removed from the game. If the dealer’s hand reaches 22 points or more, all player hands that are still in the game automatically wins, no matter how poor they are.
One appealing aspect of Black Jack is that it’s a game of both skill and luck. As a player, you get do make decisions regarding your hand during a round, and those decisions will impact the outcome of the game.
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Playing Craps
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Craps is a dice game that started out as a street game and eventually moved into the casino. It is played with two dices and the players can make many different bets. In this way, craps is actually a bit similar to Sic Bo, but a bit more complex since the dices can be cast multiple times in round of Craps.
Playing Roulette
The croupier will spin a ball inside a spinning wheel. Eventually, the ball will lose speed and come to settle in one of 37 or 38 numbered chambers located around the wheel. There are 37 chambers (0-36) on French and European roulette wheels, while the American roulette wheel have 38 chambers since it has a double-zero (00) in addition to the single-zero (0).
The basic bet on the roulette table is a bet on exactly which number the ball will come to rest on. If you think that it will be number 7, you bet on number 7, and so on. But many other types of bets are available as well. Instead of having to put one casino chip on each number that you want to bet on, you can do multiple-number bets, where your bet is automatically spread over a pre-determined selection of numbers. A bet on “2nd dozen” will for instance spread your bet over all the numbers 13-14-15-16-17-18-19-20-21-22-23-24.
Casino Academy Awards
Playing Caribbean Stud Poker
Caribbean Stud Poker is based on Five Card poker, but you play against the house – not against the other players at the table. After making the starter bet, you get five cards from the dealer and have no way to improve that hand. You just need to decide if you want to stay in the game or not. If you forfeit the hand, you lose your bet. If you decide to stay in the game, you must make a second bet, twice the size of the starter bet.
Caribbean Stud Poker tables will usually have a progressive jackpot connected to them. If you want to have a chance to win it, you must make a sidebet. If you get a good enough poker hand, you win something from the progressive jackpot – either the whole jackpot, a percentage of the jackpot or a fixed amount from the jackpot; depending on how great your hand is.
Playing Slot Machines
In an average casino, a large chunk of the floor space will be dedicted to slot machines – also known as one armed bandits. Once upon a time, these machines were fully mechanical and pulling the lever (“the arm”) on the side was necessary to get the reels spinning. Today, finding mechanical machines is usunual; most casinos have switched to fully electrical slot machines where the physical reels have been replaced by a computer screen. On some machines, the “arm” has been left and can be used to start a game, but you can just as well use the buttons in front of you. Using the lever instead of pushing a button have absolutely no impact on the outcome of the game.
Playing Video Poker
Video poker is not played against other players nor against the hand of the dealer. Instead, you know beforehand exactly how good your hand needs to be for you to get paid.
Almost all video poker machines follow the same routine: You make your wager. You get five cards, dealt face up. You indicate how many you want to replace (0-5) and your order is carried out. Now, you have your final hand. If it is good enough, you get paid.
Examples of popular video poker games:
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- Jacks or Better
- Deuces Wild
- All American
- Joker’s Wild
- Tens or Better