{"id":7087,"date":"2018-09-28T09:39:53","date_gmt":"2018-09-28T09:39:53","guid":{"rendered":"https:\/\/www.betting.ca\/news\/?p=7087"},"modified":"2018-09-28T09:39:53","modified_gmt":"2018-09-28T09:39:53","slug":"the-art-of-betting-on-the-oscars","status":"publish","type":"post","link":"https:\/\/www.betting.ca\/blog\/the-art-of-betting-on-the-oscars","title":{"rendered":"The Art of Betting on the Oscars"},"content":{"rendered":"
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Sports betting is great fun because there are literally no limits to the number of games and sports you can place bets on. There are a large number of sports books \u2013 land-based as well as online \u2013 that allow you to place bets on the possible outcomes in different games of your favourite sport.<\/p>\n\n\n\n

You could bet on the outcome of a match in the English Premier League<\/strong> for example, and then also simultaneously place a bet on a NBA<\/strong> game. Wagers are also placed at online sports books as well as land-based majors not only on games and sports but also on important events, including the US Presidential election and Awards for TV and Movies<\/a> these are usually termed as “novelty bets<\/em>“.<\/p>\n\n\n\n

The Oscars are the most popular and glitzy of all Hollywood events. Awards are given out to actors, technicians, directors, and members of literally each and every cog in the giant film-making wheel.<\/p>\n\n\n\n

And so it is only natural for people to want to bet on the results for a given year and for sports books and punters to facilitate such placing of bets. So how does betting on the Oscars work?<\/p>\n\n\n\n

Is it the same as regular sports betting or is there some difference between the two? We will discuss each of these aspects of Oscar-related betting in this blog.<\/p>\n\n\n\n

The Basics of Betting on the Oscars<\/h2>\n\n\n\n

The Academy Awards<\/a>, popularly referred to as “the Oscars<\/em>“, are bestowed on exceptional performers from the film fraternity in Hollywood every year. Each year there are different movies shortlisted for awards in different categories, from the technical to the creative and art categories and in each category a winner is chosen from the nominees. This makes betting on the possible outcomes in each category for each year a very tempting and juicy proposition.<\/p>\n\n\n\n

How Betting on the Oscars is Not the Same as Regular Sports Betting<\/h2>\n\n\n\n

One thing to know: betting on the Oscars differs slightly from the regular sports betting that you may have indulged in at some point or are a great fan of. The fundamental difference is in the availability of information. When it comes to the Oscars information is readily available and predetermined, unlike in sports betting where you have to work with incomplete details and data. There is of course data available in sports betting to make predictions on which to base your wagering on; however that is all you are capable of doing \u2013 predicting a possible outcome, and that sounds very shifty and hollow a premise to wager money on.<\/p>\n\n\n\n

When it comes to the Oscars you have a lot of information to play with. For instance, all votes by the voters are submitted a fair while before the presentation of the actual awards themselves. There is usually more than a month between the announcement of the nominations in the various categories and the final tallying of the votes, with the actual awards ceremony scheduled further down the road.<\/p>\n\n\n\n

What does the above effectively mean? It means that as a bettor you have over a month in which to collect and sift through vote-related data to base your wager on. This also allows you to wager smart \u2013 you can place your bets when the odds are more in your favour; placing the wager at the right moment is important when it comes to determining how much you could possibly win.<\/p>\n\n\n\n

For instance, placing a wager when the odds are 20:1<\/strong> will give you a different payout than when you place it with the odds at 1:1. Having all the data beforehand allows you to make those crucial decisions comfortably.<\/p>\n\n\n\n

Betting at the Oscars: Parameters to Look Out For<\/h2>\n\n\n\n

When it comes to betting at the Oscars, there are definitely indicators and parameters to look out for; these could help you zero in on the possible winner and also thereby allow you to figure out who and which movies you want to place your wagers on. The following are three important parameters to look out for when it comes to Oscar betting.<\/p>\n\n\n\n

Vanity Fair<\/strong><\/p>\n\n\n\n