Awards Betting - Current odds for all awards ceremonies, prizes, and festivals

Awards betting - How does it work?

Awards betting is a popular type of gambling where bettors wager on various accolades and events surrounding them. This betting option covers awards like the BET, Oscars, Grammys, Emmy Awards, and BBC Personality of the Year Award.

You can also bet on Mercury Prize and Golden Raspberry, a parody award show honouring the worst cinematic failures. All you need to do is select your preferred award, bet on the events provided, and wait for the outcome. The possibilities are endless for these novelty bets.

How do I place a bet on Awards or Prizes?

Placing an awards bet is as simple as wagering on regular sports events. The only difference is that in place of games, you get to bet on special awards. To place awards bets, identify a suitable betting site, register for an account, and deposit some cash. After that, follow these steps sequentially:

1. Open the awards betting section
2. Choose your favorite award, for example, the British Academy Film Awards or the Oscars
3. Pick a selection or category, for instance, Best Actress
4. Go through the markets provided and compare the odds
5. Add your prediction to the bet slip
6. Wager some money
7. Finish off by submitting your bet slip

Once the bet slip is live, wait until the main award ceremony to know whether or not you placed a winning bet.

Top sportsbooks for Awards betting

At Oddspedia, we understand the stress bettors go through to find the best Canada betting sites for award betting. We make the process bearable by providing you with a list of top betting sites that offer the best awards betting opportunities. Our experts scrutinize the sites thoroughly in order to ensure you get the best service possible! Some of the things we check include the sportsbook's licenses, security, and coverage.

We also have actual feedback from bettors who have interacted with the platforms. All you need to do is go through our suggested sportsbooks and pick one that suits your needs.

Available betting lines for Awards  

Awards betting is a straightforward but extensive category that covers different betting lines, such as the BBC Sports Person of the Year, Best Actor, and Best Actress. You can also bet on Best Supporting Actor and Best Supporting Actress for different films and the Best Picture category. In some sportsbooks, you will find a couple of sports awards, such as Ballon D'or Winner, added to the awards or entertainment section of the betting site. 

Finally, awards don't just fall in the film industry but also in the music industry. You will always have a lot of betting opportunities, especially during the awards season.

What popular Awards and Prizes can I bet on?

There is an uncountable number of awards to bet on. The honours are presented to top entertainers in different areas, including film and music. So far, the most popular awards and prizes you can bet on at some of the top sports betting sites (DraftKings, FanDuel, Caesars, BetMGM, BetRivers) include:

Oscars

The Oscars, dubbed Hollywood's biggest night, are prizes presented annually to commemorate excellence in cinematic achievement. They cover different categories, including Best Actor, Best Director, and Best Picture. During the 2023 Oscars, Jamie Lee Curtis won the best supporting actress award, whereas "Everything Everywhere All at Once" won the Best Film Editing award.

The Oscars are presented by the Academy of Motion Picture Arts and Sciences, who also decide on the nominees. At Oddspedia, you will find sportsbooks that offer high Oscars odds with many betting opportunities on the award. Your job is to select one sportsbook for placing your desired Academy Awards bets.

Grammy

Grammy is the only peer-recognized music award and the highest honour in the music industry. The Recording Academy of the United States presents the accolade, recognizing the most outstanding achievements among artists.

Some betting markets you can wager on for the Grammys include Best New Artist, Best Rock Album, Best Music Video, and Best Song. The first Grammy Awards ceremony took place in 1959 and has maintained its high status ever since.

Emmy

The Emmy Award is an extensive range of accolades to honour artistry and technical merits for the television industry. Before and during the main ceremony of the Emmys, you can bet on The Best Comedy Series and Lead Actor. The first Emmy Awards ceremony was held in 1949 and is still considered the highest honour to date. Some celebrities who have won the Emmys include Michelle Williams, Kate Winslet, and Peter Dinklage.

Nobel Prize

The Nobel Prizes are five accolades named after the Swedish chemist, Engineer, and Industrialist Alfred Nobel. Unknown to many, the Nobel Prize covers six major fields, Chemistry, Economics Science, Physics, Peace, Literature, and Medicine or Psychology. Since its initiation in 1901, 609 prizes have been given to over 975 Laureates. The Nobel Prize offers few but incredible betting opportunities. For example, you can bet on the next person to win the Nobel Peace Prize, Physic Prize, or Literature Prize.

Golden Raspberry

Launched in 1981, The Golden Raspberry Awards or the Razzies are accolades given to the worst cinematic failures. The Razzies cover multiple categories, including Worst Picture Award, Worst Actor, and Worst Screen Actor. Some prominent celebrities to win the Razzies include Sandra Bullock and Tom Hanks. For the 2023 Raspberry Awards, Jared Leto won the Worst Actor Award, whereas Blonde won the Worst Picture Award.

BAFTA Award

The British Academy Film Awards, or BAFTA, honour the best British and international contributions to film. For over 73 years, the British Academy of Film and Television Arts has been hosting the BAFTAs. The award covers different categories, including Best Film, equivalent to the Academy Award's Best Picture Award.

It also covers Best Sound, British Short Animation, and Best Adapted Screenplay. For the 2023 BAFTA Awards, Barry Keoghan of Banshees of Inisherin won Best Supporting Actor. On the other hand, All Quiet on the Western Front won the Best Film Award.

Golden Globe

The Golden Globe Awards have been honouring excellence in both American and international film and television since 1944. They are awarded to the Best Drama Picture and Best Actor in a Musical or Comedy Film, among others. For the 2023 Golden Globe Awards, Angela Bassett won the Supporting Actress in a Motion Picture for her role in Black Panther Wakanda Forever. Other performers that won the Golden Globe include Michelle Yeoh and Austin Battler.

Time Person of the Year

First awarded in 1927, the Time Person of the Year is an annual issue presented to a person, group, object, or idea that has influenced that year's activity. Even though the award does not present bettors with multiple betting opportunities, its unpredictability makes it worth betting on.

Some key figures that have won the Time Person of the Year include Barack Obama and Pope Francis. Knowing the person, people, idea, or object that will be awarded the Time Person of the Year require extensive research. This explains why most often than not, the award option carries significant odds.

Other

The above are only a few of the many awards you can bet on at some top betting sites. Another award you can bet on includes the BBC Sports Personality of the Year. This is a glorious accolade given to the top-performing sportsperson in Britain. You can also bet on the Tony Awards, Olivier Awards, Mercury Prize, and Screen Actors Guild Awards. These awards honour individuals in different industries and sectors, including Physics and not just entertainment.

Why bet on awards and prizes?

The list of reasons you should bet on awards and prizes is quite long. First, wagering on awards is entertaining and less monotonous, especially if compared to sports betting. Other reasons on top of the list include:

Earn money from favorites

Awards betting allows you to show love to films or casts and earn from them. If you enjoyed the performance of a particular person, you can vote for them to win an award. In that case, if they win, you also win actual money.

Simplicity - beginners can bet

The simplicity of placing awards bets is quite underrated. Awards betting does not involve multiple bet types. It only features specific categories. This can be the best actor for a particular movie or your favorite scientist to win an award.

Adrenaline

Awards can be quite emotional, especially during the main ceremony when the panel reveals the winners. Betting on the prizes makes the experience surreal and gives you that adrenaline rush that will keep you on the edge of your seat. It even becomes much better when the person you are rooting for wins.

Awareness and outreach

Like sports betting, you must do extensive research before adding any prediction on the bet slip. The studies you make will broaden your mind and give you in-depth knowledge on the topic. With such an outreach, you will have extensive knowledge of various topics and industries.

Disadvantages of betting on rewards and bonuses

Betting on Awards is not all rosy. Once you embark on this form of gambling, you will notice some disadvantages, for example:

• Only a few sportsbooks offer a large selection of bets
• You have to wait longer than usual for the bet to be calculated
• Sometimes odds levels for prizes and awards are low

Awards betting tips & strategies  

With some tips and tricks, you can increase your chances of winning your awards bets. Here are the top betting tips you should apply for a better outcome:

Narrow your choice

Betting on different awards can be quite distracting, and this may lead to poor performance overall. Therefore, narrow your choice to a single field that you know well. After that, do extensive research on the award without leaving any stone unturned before placing any bets. This strategy will give you vast knowledge on the subject, and that will help you increase your chances of making winning bets.

Do an event analysis  

Researching extensively is key to placing winning bets and uncovering the best possible bet line. Make sure you comb through the topic and market you want to bet on. Some of the places to look for information include social media sites, reputable news sites, and accredited magazines and journals. Taking this step will help you gather enough information for placing winning bets.

Be prepared for the unexpected

You need to always be on the lookout for the unexpected. Awards are highly unpredictable, so a small comment or action can trigger a reaction that might affect your bet. To avoid unnecessary disappointments, anticipate anything. If the performer you choose starts protesting against the award, be ready to take essential steps to secure your bet. Also, be flexible to make any changes when needed.

Keep an eye on the social/political agenda

Most awards are affected by the social and political agenda of the contestants. Pay close attention to what they stand for, their beliefs, and how they may affect the award's outcome. Understanding this will help you know who to pick for a particular prize. This strategy applies whether you are betting on entertainers or Nobel Prize winners.

Study past winners  

Dig into the past! Paying attention to previous winners of the accolade is one of the best ways of predicting who may clinch the award. Some artists end up winning a similar award for multiple years in a row. For example, Jay Z won a Grammy in 2009, 2010, 2011, 2012, 2013, and 2014. Though different categories, it shows that his chances of winning a Grammy during his peak were high. Having such information can help with placing the winning bets.

Watch the award ceremony online

Watching awards ceremonies is vital to gather information on the chances of your bet winning. It is also highly recommended for future reference. The award ceremonies always include speeches and performances that may give you an insight into why you did not win. So, find out when the awards ceremonies will be held and make an effort to watch the entire event.

Bet on awards and prizes with Oddspedia

Whether an expert or a novice bettor, having Oddspedia as your gambling resource when wagering on awards is smart. Apart from providing you with full fixtures and the best sportsbooks for placing awards bets, we guarantee the following:

Get the best odds

At Oddspedia, we have an odds comparison tool that you can use to compare awards market prices from more than 200 sportsbooks. With the tool, you get quality odds for different awards and markets. You will benefit more from every winning bet you place on various awards. All you need to do is first identify the award and market you want to bet on, then use Oddspedia to find the best odds.

Learn the full history of the odds and their movement

We offer our users full history of the odds and their movement. We start tracking awards odds immediately after the nominations are announced up until the ceremony is held. With the odds movement, you can identify the likelihood of an event happening. You can also use the information to know which bet to place and why.

Read the latest news

Gathering relevant news from reputable sources can be quite a daunting task. The good news is at Oddspedia we have a dedicated page where you can read all the latest news on the award you wish to bet on. Every piece of information comes from accredited news sites, performers' social media pages, and other verified sources.

Enjoy free predictions and analysis

At Oddspedia, we provide you with the best awards betting predictions and analysis for free! We have reputable forecasters who work round the clock to supply predictions on various awards. You can use the information to compare your findings and make necessary adjustments. You will also get an analysis of the awards that will help you have an easy time placing winning bets.

Check statistics and public opinion  

For every awards betting option on our site, there are crucial statistics that you can check. The data will cover everything you need to learn about the market and accolades. Additionally, we have a community with bettors who have similar betting interests. You can brainstorm and get their opinion on particular bets. 

Specifics of Awards betting in the USA

The USA is a hotbed for entertainment awards, including the Oscars, Grammys, and Emmys. Also, the USA offers the best media coverage for awards making it nearly impossible to ignore their status. Lastly, every award ceremony is carried out in style and showcased across different states, which has helped promote this type of bet.

Today, bettors in the USA can bet on different accolades, including the Golden Raspberry Awards or Razzies, which award the worst performance in film. Moreover, Awards offer multiple betting opportunities, so you will always find something appealing.

Awards Betting FAQ