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Since spread betting involves two underlying transactions, you will be quoted two prices, a buy price and a sell price. The difference between the two is the spread. The tighter the spread, the easier it is to maximize your profits ...Sky Bet odds on Oscars
LONDON, England -- (PRESS RELEASE) -- Leading online betting firm Sky Bet has unveiled its full list of Oscars betting markets following the announcement of the 84th Academy Awards nominations on Tuesday.
Black and white silent movie 'The Artist', which last week picked up the Producers Guild Award and also won the Golden Globe for Best Comedy/Musical, is Sky Bet's clear favourite to win Best Picture at 2/7, with the odds having been cut from a pre-Christmas 2/1.
The French tribute to the silent movie has ten Oscar bids, although it was beaten by Scorsese's 3D charmer 'Hugo', which received 11 nods. This augurs well for its Best Picture hopes as the most nominated film has taken the top prize 15 times in the last 20 years and Sky Bet make 'Hugo' a 10/1 shot, behind Golden Globe Best Drama champion, 'The Descendants' (4/1).
'The Artist' dominates several other categories, with its helmsman Michel Hazanavicius odds-on favourite (8/13) to win Best Director and its leading man Jean Dujardin second in the Best Actor betting at 2/1. George Clooney is hot favourite at 2/5 to take home the lead actor gong for his performance in comedy-drama 'The Descendants'. Gary Oldman picked up his first ever Oscar nomination for 'Tinker, Taylor, Soldier, Spy' and is quoted at 33/1.
Double Oscar winner and 17-time nominee, Meryl Streep, is the short-priced favourite at 1/2 to scoop a third gong for her portrayal of Margaret Thatcher in 'The Iron Lady'. Viola Davis is her nearest rival for Best Actress at 9/4, with 'My Week with Marilyn' star, Michelle Williams, another threat at 11/4.
Sky Bet's Oscars betting expert, Helen Jacob, said: "The Artist seems way ahead of its rivals in the race to win the top Oscar.
"Other categories, however, are not so clean cut, with the battle for best actress between Meryl Streep and Viola Davis looking particularly close."
For Best Supporting Actor, Christopher Plummer ('Beginners') looks all but home and hosed at 1/12 and Octavia Spencer at 1/8 ('The Help') looks to have the Best Supporting Actress category sewn up.
Sky Bet is also offering a host of novelty special bets on the Oscars ceremony itself, which takes place at the Kodak Theatre in Hollywood on Sunday, February 26th.
Veteran actress Meryl Streep accidentally swore onstage at the Globes and Sky Bet go 7/2 that the Oscars best actress winner turns the air blue again in her acceptance speech. It's even money that the best actress cries during her speech and 10/1 that any recipient's address consists of a single 'Thank you!'
Sky Bet Odds: Oscars Betting
Best Film
The Artist 2/7 The Descendants 4/1 Hugo 10/1 War Horse 12/1 Midnight in Paris 25/1 The Help 25/1 Extremely Loud and Incredibly Close 25/1 Moneyball 40/1 The Tree of Life 66/1
Best Actor
George Clooney - The Descendants 2/5 Jean Dujardin - The Artist 2/1 Brad Pitt - Moneyball 14/1 Demian Bichir - A Better Life 25/1 Gary Oldman - Tinker Tailor Soldier Spy 33/1
Best Actress
Meryl Streep - The Iron Lady 1/2 Viola Davis - The Help 9/4 Michelle Williams - My Week With Marilyn 11/4 Glenn Close - Albert Nobbs 14/1 Rooney Mara - The Girl with the Dragon Tattoo 20/1
Best Director
Michel Hazanavicius - The Artist 8/13 Martin Scorsese - Hugo 2/1 Alexander Payne - The Descendants 11/2 Woody Allen - Midnight in Paris 16/1 Terrance Malik - The Tree of Life 20/1
Best Supporting Actress
Octavia Spencer 1/8 Berenice Bejo 8/1 Jessica Chastain 14/1 Melisasa Mccarthy 14/1 Janet McTeer 20/1
Best Supporting Actor
Christopher Plummer 1/12 Kenneth Branagh 7/1 Max Von Sydow 12/1 Nick Nolte 12/1 Jonah Hill 25/1
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Favoured in continental Europe, Australia and Canada, decimal odds differ from fractional odds in that the bettor must first part with their stake in order to make a bet, the figure quoted is the winning amount that would be paid out to the bettor. Therefore, the decimal odds of an outcome are equivalent to the decimal value of the fractional odds plus one. Thus even odds 1/1 are quoted in decimal odds as 2. The 4/1 fractional odds discussed above are quoted as 5, while the 1/4 odds are quoted as 1.25. This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on. Decimal odds are also favoured by betting exchanges because they are the easiest to work with for trading.
Decimal odds are also known as European odds, or continental odds in the UK.