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Oscars 2013: The Odds, Betting on Best Picture, and more




Accountants at from PricewaterhouseCoopers prepare ballots at the 84th Academy Awards Final Oscar Ballot mailing at the Academy of Motion Picture Arts and Sciences on February 1, 2012 in Beverly Hills, California.
Accountants at from PricewaterhouseCoopers prepare ballots at the 84th Academy Awards Final Oscar Ballot mailing at the Academy of Motion Picture Arts and Sciences on February 1, 2012 in Beverly Hills, California.
Alberto E. Rodriguez/Getty Images

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As Oscar night gets closer by the minute, Hollywood insiders are busy preparing for their most important night of the year; however, there’s another venue experiencing an upswing of activity… online gambling sites. After the presidential election, the Oscars are the most gambled upon annual non-sporting event in the United States, according to some estimates. Oscar gamblers also tend to skew younger and more female.

Not all odds listings are the same, but this year, most bookmakers name Daniel Day Lewis as most likely to win Best Actor, Jennifer Lawrence to scoop up the Best Actress award, and list "Argo" and "Lincoln" as the two frontrunners for the Best Picture Oscar. Do you bet on the Oscars? What factors most influence how gamblers place their bets?

Guest:
Pat Morrow, Head Oddsmaker at Bovada.lv