95th Academy Awards odds are out: See who’s favored to win the major Oscars

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Elena Andreicheva, left, and Carol Dysinger, winners of the award for best documentary short subject for "Learning to Skateboard in a Warzone (If You're a Girl)", pose in the press room at the Oscars on Sunday, Feb. 9, 2020, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)

It’s awards season in the entertainment industry, and the crown jewel event, the 95th Academy Awards, is coming March 12 to honor the best in film and movies over the past year.

The anticipation always boils over when each envelope is opened and we find out the winner, but it builds slowly, with weeks of guessing at winners and lobbying for your favorites to come. If you really feel strongly, you can even bet on the Academy Awards. They’re offered by several major sportsbooks — that includes FanDuel Sportsbook.

“Everything Everywhere All At Once,” an adventure film about a Chinese immigrant who must connect with parallel-universe versions of herself, received 11 nominations and is the favorite to win Best Picture. FanDuel lists those odds at -260, meaning you’d profit $10 for every $26 you wager.

In betting odds, heavier favorites have higher negative numbers. A positive number represents an implied probability of less than 50%, with higher numbers meaning longer odds (for example, +2000 means 20-to-1 odds). The -250 odds give “Everything” an implied probability of 71.4% to be the Best Picture winner.

The only other film with an implied chance of better than 20% to win is “The Banshees of Inisherin,” a tragicomedy set in Ireland. Its Best Picture odds are set at +470, meaning you’d profit $47 for every $10 bet.

After that, odds become dramatically longer: “Top Gun: Maverick” is +850, “The Fabelmans” is +1100, “Elvis” is +2300 and no other movie has better than 35-to-1 odds.

All of the other major Oscar categories have odds-on (better than 50% implied probability) favorites, though none as heavy as “Everything” is for Best Picture.

Brendan Fraser is a -160 favorite (profit $10 for every $16 wagered) in the Best Actor market for his performance in “The Whale” as a reclusive teacher who fights obesity. The other top contenders, according to the odds, are Colin Farrell (“Banshees”) at +240 and Austin Butler, who is +300 for his portrayal of Elvis Presley in “Elvis.”

For Best Actress, Cate Blanchett is a slightly heavier favorite, checking in at -150 for her role as Lydia Tár, an orchestra conductor accused of sexual abuse in the movie “Tár.” If the odds are correct, her main competition is Michell Yeoh for the lead in “Everything” at +110.

The duo of Daniel Kwan and Daniel Scheinert, also known as The Daniels, are the favorite for Best Director, also for “Everything.” Their odds at FanDuel are -170, slight favorites over two-time winner Steven Spielberg (+130 for “The Fabelmans”). Martin McDonagh is a distant third at 11-to-1 for “Banshees.”

ODDS FOR MAJOR ACADEMY AWARDS

(From FanDuel Sportsbook as of Tuesday, Feb. 14)

Best picture

Everything Everywhere All at Once, -260

The Banshees of Inisherin, +470

Top Gun: Maverick, +850

The Fabelmans, +1100

Elvis, +2300

Avatar: The Way of Water, +3500

All Quiet on the Western Front, +3500

Tár, +4100

Triangle of Sadness, +5000

Women Talking, +8000

Best Director

Daniel Kwan and Daniel Scheinert (Everything Everywhere All at Once), -170

Steven Spielberg (The Fabelmans), +130

Martin McDonagh (The Banshees of Inisherin), +1100

Todd Field (Tár), +1600

Ruben Ostlund (Triangle of Sadness), +2800

Best Actress

Cate Blanchett (Tár), -150

Michelle Yeoh (Everything Everywhere All at Once), +110

Michelle Williams (The Fabelmans), +1800

Andrea Riseborough (To Leslie), +2000

Ana De Armas (Blonde), +2200

Best Actor

Brendan Fraser (The Whale), -160

Colin Farrell (The Banshees of Inisherin), +240

Austin Butler (Elvis), +300

Bill Nighy (Living), +2300

Paul Mescal (Aftersun), +3500

OTHER FAVORITES

Best Supporting Actor: Ke Huy Quan (Everything Everywhere All at Once), -750

Best Supporting Actress: Angela Bassett (Black Panther: Wakanda Forever), -470

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