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Have you ever wondered how you can bet on the Oscars online? This article tells you exactly what to do, and crucially, where to find the best Oscars odds.

How to Bet on the Oscars 2022: The Best Academy Awards Betting Odds & Tips

You may have heard the phrase: ‘You can bet on anything these days.‘ While that’s not entirely true, you can bet on the Oscars, and we’re going to show you exactly how to do it – as well as what the best Oscars betting sites are.

Betting on the Academy Awards is a fun and safe way of enhancing your Oscar viewing experience. Don’t be intimidated by weird betting jargon or complicated sign-up processes.

We’ll even share some of our own Oscar betting tips along the way, should you be in need. Without further ado, let’s start by taking a look at some reputable Oscars betting sites.

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Best Betting Websites for the Oscars 2022

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1. Bovada – Best Oscars Betting Site Overall

  • Excellent reputation
  • Taking bets for over a decade
  • Great Oscars betting odds
  • Best odds for CODA

Reputation: 5/5

Being one of the better-known online sportsbooks and casinos means Bovada has to have been doing something right, as hundreds of thousands of visitors decide to make it their online bookmaker of choice a month.

A cursory google search shows Bovada at the top of most casino reviews lists for its exciting features and trustworthy background.

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Customer Service: 5/5

Bovada carries a four-pronged approach to their customer service, with a comprehensive and detailed help center for all initial inquiries, a 48-hour email response team, a community with fellow users, and most importantly, a 24/7 live chat service.

If there’s ever an issue with any of your Oscars bets, or anything else for that matter, a resolution will not be far behind. You can feel confident Bovada will address your needs in a timely and efficient manner.

Bonuses: 4.5/5

The headline promotion available at Bovada is the $250 sports welcome bonus. If you are familiar with crypto, you can get a more significant bonus of up to $750.

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Payment Methods: 4.7/5

Bovada offers three main options for funding your account:

  • Credit/Debit (Visa/MasterCard/AMEX)
  • Bitcoin
  • Zelle

Withdrawal options are as follows:

  • Bitcoin
  • Check by Courier
  • Wire Transfer

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Other Bets: 5/5

If you’re a fan of prestige TV as well as film, Bovada is offering odds on the new Game of Thrones show House of Dragons. Key wagers include:

Characters To Sit On The Iron Throne In Season 1 Of House Of Dragons

Last Dragon Standing – Which Dragons Will Be Alive At The End Of Season 1?

We don’t envy the person who tries to predict the mind of George R. R. Martin accurately, but good luck all the same.

Related: Best casino sites

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2. BetOnline – Top Oscars Odds

  • Founded in 2004
  • Immaculate record
  • Best odds for Licorice Pizza

Reputation: 5/5

BetOnline has been active since 2004 and since then has built up a large and loyal following for both sports and online casino betting.

They are one of many Oscars betting sites that have been in business for well over a decade and have the trustworthy rep to show for it.

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Customer Service: 5/5

If you’re in need of assistance at BetOnline, you can jump straight on to their 24/7 live chat service, which should always be your first port of call with any issues.

If you’re not much of a fan of speaking through text, they have a phone line you can call too, although we’re unsure of the opening hours.

Bonuses: 4/5

If you want to lock in a bonus at BetOnline, you can have your first deposit matched up to 50%, all the way up to $1,000.

As with other websites, higher percentages are available if you use cryptocurrency.

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Payment Methods: 4.9/5

BetOnline features one of the largest selections of payment methods in the industry, although most of them are for cryptocurrency. Your usual options include:

  • AMEX
  • MasterCard
  • VISA
  • Money Order
  • Wire Transfer

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Other Bets: 4.5/5

If you think you’re as good at predicting celebrities’ love lives as you are at predicting Oscar winners, then you may fancy a wager on Bill Gates’s next love interest.

Ann Winblad leads the field at +400, and for some incredibly creepy reason, Greta Thunberg is an option at +2000. Seriously, ew?

You can also request other names by email. If you really want.

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3. Sportsbetting.ag – Great Oscars Best Picture Betting Odds

  • Has built an extensive userbase
  • Online since 2003
  • Best odds for Power of the Dog

Reputation: 5/5

Sportsbetting.ag is less popular than its counterparts but still occupies a strong position within the online gambling industry.

You can rest easy in the knowledge the website is safe and secure, as thousands of bettors have been using it since its creation in 2003.

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Customer Service: 4.8/5

As well as a 24/7 live chat service, there are three different dedicated email addresses available for all your questions. If you do have an issue with any Oscars odds or markets, you should use the [email protected] as your point of contact.

Meanwhile, a comprehensive help center is located towards the bottom half of the home page for any less essential queries.

Bonuses: 4/5

There is a total of $1,000 up for grabs with Sportsbetting’s welcome bonus, with a 50% match on your initial deposit.

If you do decide to opt-in to the deposit bonus, make sure to read the terms and conditions to ensure you’ve understood the wagering rules correctly.

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Payment Methods: 4.6/5

Similar to BetOnline, Sportsbetting.AG has a wide variety of options to choose from, the vast majority of them being cryptocurrencies.

Otherwise, you can also fund your account with these methods:

  • AMEX
  • MasterCard
  • VISA
  • Discover
  • Money Order
  • Wire Transfer

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Other Bets: 4/5

Oscars aren’t the only entertainment events available to bet on at Sportsbetting.ag. If you know a thing or two about popular music, you can also make a wager on The Grammys.

This year, Olivia Rodrigo looks a lock for at least one award, leading the field for both best album and best newcomer.

Related: Best bitcoin sportsbooks

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4. MyBookie.ag – Great Oscars Odds for All the Major Categories 

  • Online for 8+ years
  • Respected by online bettors
  • Best odds for King Richard

Reputation: 5/5

Although not entirely as experienced as the other Oscars betting sites on this list, MyBookie still boasts over eight years online in the online sports betting industry.

They sport generous odds for various Oscars betting categories, too, which is worth bearing in mind when making your decision about where you’d like to place your bets.

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Customer Service: 4/5

The customer service available on MyBookie.ag is literally award-winning, so its quality can’t really be denied. 

However, it doesn’t feature a live chat function like some of its competitors, so a quick answer to a more complicated question may take a small while.

They do feature a help center as well as a contact form that essentially functions as an email message. This is operated 24/7, and your questions are answered as soon as a member of their team becomes available.

Bonuses: 4/5

Initial deposits to MyBookie can be supplemented with a 150% bonus up to $750. This one-time-only promotion requires a deposit of $500 to reach the maximum compensation allowed.

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Payment Methods: 4/5

Although MyBookie recommends depositing via Bitcoin, there is a range of safe and secure ways to fund your account here:

  • Visa, MasterCard prepaid, credit, and debit cards
  • Bitcoin
  • Bitcoin Cash
  • Ripple
  • Ethereum
  • Litecoin
  • Person to Person

Similar options are available for withdrawal, although credit and debit card withdrawals are not yet available due to current banking rules.

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Other Bets: 4.6/5

The upcoming Obi-Wan spin-off drama is due to hit Disney+ soon, and MyBookie has markets available on returning characters.

You can get an enticing -140 for Yoda to make an appearance, which seems like a good bet considering Star Wars TV shows have to form for bringing back beloved characters.

If you’ve seen The Mandalorian, you know exactly what we’re talking about.

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5. BetUS – Top Oscars Odds for the Best Supporting Actor/Actress

  • Founded in 1994
  • Has most available Oscars categories to bet on
  • Great odds for best-supporting actor/best-supporting actress

Reputation: 5/5

BetUS has been involved in the gambling industry since the early 90s, which is now (depressingly) considered almost vintage.

If you’re looking for a website with longevity and prestige, you could certainly do a lot worse than BetUS.

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Customer Service: 4.7/5

Help is on hand at BetUS through the form of live chat, email, and a handy phone line. There’s also a solid FAQ section that should clear up any more simple requests you may have.

Bonuses: 3.9/5 

You can get yourself a sign-up bonus of 125%, 100% on the sportsbook, and 25% on the casino. The maximum bonus available is $3,125.

Payment Methods: 4/5

BetUS features a variety of payment methods, with a focus on both crypto and regular currencies.

  • Credit Card
  • Cash Transfer
  • CryptoCurrency
  • Bank Wire

These are your main options. You can contact 1-888-51-BetUS (23887) toll-free for assistance if you have issues.

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Other Bets: 4/5

If you want to take a look at what else is on offer to wager on at BetUS, they’re also taking action on the next Rock n’ Roll Hall of Fame inductee.

Dolly Parton leads the way at -135, while Eminem offers a good outside value shot at +125.

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How to Bet on the Oscars? Step-by-Step Guide

All you need to do to set up your Oscars betting account is to follow a few easy steps. We’re using our top pick, Bovada, as an example:

Step 1 – Create an account

  • Log on to Bovada and press the red ‘Join’ button on the top right
  • Fill out the details required, including your email
  • Wait for a validation link to be delivered to your email address

Step 2 – Check your Email

  • Log into your email account
  • If there is no link in your inbox, check your spam box
  • Click the link to validate

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Step 3 – Deposit and Bet on the Academy Awards!

  • Make a deposit using your chosen payment method
  • Navigate to all sports, and then the ‘entertainment’ category
  • Place your chosen Oscars bets

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Oscars & 94th Academy Awards Betting Online: FAQ

Is betting on the Oscars legal?

Yes. If you have any concerns about legalities, be sure to check your local laws.

Is it safe to bet on the Oscars?

Absolutely. You can rest assured that every website featured on this list is safe and secure. Most of them have been in business for well over a decade.

When and where do the Oscars take place?

The 94th Academy Awards take place on Sunday, March 27, 2022. The venue is the Dolby Theatre at Hollywood & Highland Center in Hollywood.

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Can I bet on the Oscars on multiple websites?

Yes. There’s nothing stopping you from registering at multiple betting sites and making different bets.

You may choose to bet on the best supporting actor at one site, whereas another site may have better odds for the best-supporting actress and best picture, so you might want to bet there.

What Oscar nominations can I bet on?

This depends on the website you choose to bet on, but the vast majority of categories are available, which include:

  • Best Picture Award
  • Best Director Award
  • Best Actor Award
  • Best Actress Award
  • Best Supporting Actor Award
  • Best Supporting Actress Award

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Which website has the best Oscars betting odds?

There’s no definitive answer to this question. Some websites will have more favorable best picture odds, while others might have better value for best actor odds. It just depends. Overall, Bovada and BetOnline have the best Oscar betting odds for most categories.

Can I make money betting on the Oscars?

Yes. Every website featured on this list takes real money wagers and offers Oscars betting.

How do I move any potential winnings I make off the betting site?

This varies from website to website. Broadly speaking, each online gambling site will have a range of different ways to withdraw money.

If you have any questions or queries about how it’s best to contact the customer services of the website you are registered on.

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What do the plus and minus signs mean?

American odds are expressed in terms of money. Some numbers are preceded by a minus sign, others a plus.

A minus sign indicates a favored or less valuable outcome. For example, the number next to a minus sign is the amount you must bet to make $100 back. So if it is -150, you must wager $150 to make $100 back.

The inverse is true for numbers that are preceded with a plus sign. These are considered less likely outcomes, thus more valuable. So a wager of $100 on odds of +150 will yield $150 in profit, plus your stake back.

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Can I make bets on other entertainment events?

Yes. There are a ton of other entertainment events to bet on, from the Grammys all the way to Bill Gates’s next love interest.

We made some recommendations in our reviews above.

Can I use a bonus to bet on the Oscars?

Yes. Each website carries its own sign-up bonus. Whether you choose to use that to wager on the Oscars is up to you.

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What are the Oscar 2022 nominations for the best picture?

  • The Power of the Dog: -300
  • CODA: +300
  • Belfast: +625
  • West Side Story: +2000
  • King Richard: +2800
  • Drive My Car: +3300
  • Dune: +5000
  • Licorice Pizza: +5000
  • Don’t Look Up: +6600
  • Nightmare Alley: +12500

Jane Campion’s beautifully shot western is a near-lock to take the best picture award, but it faces stiff competition from CODA, as well as Kenneth Branagh’s Belfast.

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Who are the 94th Academy Awards nominations for best director?

  • Jane Campion (The Power of the Dog): -4000
  • Kenneth Branagh (Belfast): +1200
  • Paul Thomas Anderson (Licorice Pizza): +1600
  • Steven Spielberg  (West Side Story): +2000
  • Ryusuke Hamaguchi (Drive My Car): +2800

Campion’s odds suggest she is a near-lock for this award, but we explore an idea that suggests she may miss out later on in this article. Don’t be surprised to see the Academy award Ryusuke Hamaguchi in her place if she does!

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Who are the nominations for the best actor 2022?

  • Will Smith (King Richard): -800
  • Benedict Cumberbatch  (The Power of the Dog): +450
  • Andrew Garfield  (tick, tick… Boom!): +1000
  • Denzel Washington (The Tragedy of Macbeth): +4000
  • Javier Bardem (Being the Ricardos): +4000

Will Smith more or less carries King Richard, a biographical story of the father of Venus and Serena Williams, two of the most successful athletes of all time.

Having said that, if there is an upset to be had, we’d put our names by Denzel Washington for his prestigious performance in The Tragedy of Macbeth, or even Javier Bardem for Being the Ricardos.

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Who are the nominations for best actress 2022?

  • Jessica Chastain (The Eyes of Tammy Faye): -160
  • Nicole Kidman (Being the Ricardos): +300
  • Olivia Colman (The Lost Daughter): +400
  • Kristen Stewart (Spencer): +650
  • Penelope Cruz (Parallel Mothers): +2000

Chastain’s odds shortened after her win in the Critics Choice Awards, but this is still definitely a category worth keeping an eye on. Kristen Stewart’s mature performance as the late Princess Diana in Spencer is undoubtedly a role likely to appeal to the Academy. Furthermore, Penelope Cruz represents an excellent value outside bet for her part as a single mom in Parallel Mothers.

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Best Tips for Academy Awards Betting in 2022

It’s a New Dawn for Oscar Winners

The Oscar winners are voted on by members of the Academy of Motion Picture Arts and Sciences. Due to recent and, quite frankly, deserved criticism of a lack of diversity, the membership has expanded to include a younger and more globally representative membership.

This has led to a shift in voting behavior that has seen movies such as Moonlight and Parasite get their hands on the big gong. While major winners similar to them were not impossible in yesterday’s world, they were very rare.

Moonlight, in particular, marked a real change for Oscars voting and sign-posted how attitudes are changing with the times. La La Land‘s defeat demonstrated that the time for Hollywood’s introspection and back-patting was over. It was time to be more inclusive and brave.

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The idea of a typical Oscar-winning film is changing or at least modernizing. What we used to consider ‘Oscar bait’ may no longer make the cut. It’s best to keep this in mind when making your picks.

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Other Awards Shows Can be Great Predictors on who will Win Oscars

Various different, and to put it bluntly, lesser award shows occur before the Academy Awards. These include the BAFTAs, The Screen Actors Guild Awards, and The Critics Choice Awards.

Statistics have shown The Critics Choice to be historically the best predictor of who may win an academy award. This year, they awarded the best picture to Power of the Dog, best actor to Will Smith, and best actress to Jessica Chastain. 

It’s not an ironclad strategy, but it’s something to note while making your wagers.

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Last-Minute Controversy

The Oscars are no stranger to controversy and, as we’ve already covered, have become more reflective and critical of itself in recent years. Jane Campion picked up the award for best director at the recent Critics Choice Awards and made a speech with the following quote:

“Serena and Venus, you are such marvels. However, you don’t play against the guys, like I have to.” The response to this was rightfully fierce and critical. The New Zealand director has since apologized.

As it stands, she is still almost a lock for the award at odds of -4000. But could this faux pas make a last-minute influence on members voting? Stranger things have certainly happened.

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The Best Oscars Betting Sites Re-Capped

Bovada: Around for over a decade and has a deserved reputation as one of the best sports betting and online gambling sites. A $250 bonus is up for grabs for first-time depositors.

BetOnline: Formed in 2004, BetOnline has a well-deserved reputation as a safe and reputable online betting site. New users can get their first deposit matched up to 50%, all the way up to $1,000.

Sportsbetting.ag: Sportsbetting.ag was created in 2003 and has developed a loyal userbase for its competitive odds and offers. They also offer $1,000 with a 50% match on your initial deposit.

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MyBookie.ag: Taking bets for over eight years, MyBookie is a trusted and secure website to place your Oscars bets. First-time users can get a 150% bonus of up to $750.

BetUS: The oldest company on the list, BetUS was founded in 1994. A sign-up bonus of 125% is available for new users, with 100% on the sportsbook and 25% on the casino.

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How to Bet on the Academy Awards & Best Websites for Oscars Betting: Final Words

Now you’ve read this article, hopefully, you should feel confident and ready to register and place your bets on the 94th Academy Awards. Although Oscar odds are a good indicator of how the award ceremony might play out, there’s always room for shock and surprise when it comes to the Academy. So don’t worry about those numbers too much – just go with your gut and have a little extra fun for this year’s competition. 

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