By thelostboy | The Lost Boys February 14, 2009 at 5:06AM
Online gambling and Oscar can be a very helpful thing for a financially challenged awards geek. Often odds are placed inappropriately, which can lead anyone with some sort of expertise on the real deal to make a killing. I've mentioned it many a time on this blog, but last year I won a shitload off of Tilda Swinton's somewhat surprising win. So this year I obviously headed back for more, but things don't look as promising.
The site I go to (mostly because it allows Canadian gamblers), is Players Only, and it pretty much has the same odds as all the other sites. And though they aren't any erroneous +1300 for Swinton odds that offer the possibility of thousands of dollars, there's money to be made.
Best picture, for example, gives 99.9% certain winner Slumdog a -300 odds, meaning if you bet $300, you'll win $100 (plus your bet back):
I've yet to make any bets, but I'm sort of tempted to max out my credit card. Is that a horrible idea?
Best supporting actor is a waste of time:
You have to bet $2000 to win $100 on Heath, and theres enough sure fire bets in other categories that you don't need to go that far. Oddly enough, though, RDJ's odds are the worst of all of them, despite him certainly being Heath's closest thing to competition. Bet $1 on RDJ just for the hell of it. There's a 0.05% chance it could become $250.
The categories where it could get interesting are, again, best supporting actress:
Cruz is a shaky favourite, but her -175 odds are decent. Its a risk though, and if you're gonna bet here, I'd take a chance. Any of the other four women have shots. Amy Adams has +1200 odds, meaning just a $10 bet would get you $120. If, of course, she wins. Which is unlikely. But I'd waste $10 taking that chance.
Best actor also brings opportunity:
Even odds for Sean Penn. Bet $100, win $100. -150 odds for Rourke. Bet $150, win $100. Both not bad. But, of course, who's gonna win? I frankly can't say at this point.