Who is favored to win at the 2025 Oscars? Currently, "The Brutalist" is the -155 favorite to win Best Picture. Coming in right behind is "Emilia Pérez" at +240 odds to win Best Picture.
Among the other notable favorites are box-office sensation "Wicked," which has +750 odds. The Sci-Fi sequel "Dune: Part Two" is also up there at +1000.
This article breaks down the betting odds for the 2025 Oscars, including Best Picture and more.
Nominations for the 2025 Oscars will be announced Jan. 17, so until then, oddsmakers are only speculating on potential nominees based on other smaller awards shows throughout the year.
The 97th Academy Awards will take place on Sunday, March 2 at the Dolby Theatre in Los Angeles. It will be broadcast on ABC and hosted by Conan O'Brien.
New to betting? A minus (-) sign indicates the amount you need to risk to win $100, whereas a plus (+) sign shows the money you'd win for every $100 bet.
Example: "Wicked" is +750 to win Best Picture, which means you would net a $750 profit on a $100 bet if it wins. Learn more here.
All odds via FanDuel Ontario.
Oscar Odds Update: January 6, 2025
The Golden Globes were awarded Sunday, which signals the official kickoff of awards season leading up to the Academy Awards.
While the winners at the Golden Globes hold little correlation to what awards are handed out at the Oscars, oddsmakers nonetheless react to the winners with movement across the board.
Best Picture Odds
| Nominee | Odds | Implied Prob. |
|---|---|---|
| The Brutalist | -155 | 60.78% |
| Emilia Pérez | +240 | 29.41% |
| Conclave | +240 | 29.41% |
| Anora | +430 | 18.87% |
| Wicked | +750 | 11.76% |
| Sing Sing | +750 | 11.76% |
| Dune: Part Two | +1000 | 9.09% |
| The Nickel Boys | +1100 | 8.33% |
| A Complete Unknown | +1800 | 5.26% |
| A Real Pain | +2300 | 4.17% |
| All We Imagine as Light | +2800 | 3.45% |
| The Seed of the Sacred Fig | +2800 | 3.45% |
| The Substance | +3100 | 3.13% |
| The Room Next Door | +3100 | 3.13% |
| Queer | +3500 | 2.78% |
| The Piano Lesson | +3500 | 2.78% |
| Gladiator 2 | +4100 | 2.38% |
| Blitz | +4100 | 2.38% |
| SNL: 1975 | +4100 | 2.38% |
| Challengers | +4800 | 2.04% |
| 45905 | +4800 | 2.04% |
| Juror No. 2 | +5000 | 1.96% |
| Hard Truths | +5000 | 1.96% |
| Nosferatu | +6000 | 1.64% |
| The Life of Chuck | +6000 | 1.64% |
| Maria | +6500 | 1.52% |
| Megalopolis | +6500 | 1.52% |
| The Supremes At Earl's All-You-Can-Eat | +6500 | 1.52% |
In the Best Picture category, "The Brutalist" remained the favorite after taking home Best Motion Picture – Drama at the Golden Globes. Prior to the show, it was a +125 favorite, and after its win it moved to -155.
The night's other big winner was "Emilia Pérez," which took home Best Motion Picture – Musical or Comedy. Entering the day, "Emilia Pérez" had the third-best odds to win Best Picture at the Academy Awards at +340. It is now tied for second-best odds, alongside "Conclave" at +240 and behind "The Brutalist."
Films that saw their odds get longer after Sunday's Golden Globes were "Anora" (+175 to +430), "Wicked" (+430 to +750), and "Sing Sing" (+600 to +750).
Best Director Odds
| Nominee | Odds | Implied Prob. |
|---|---|---|
| Brady Corbet (The Brutalist) | -180 | 64.29% |
| Sean Baker (Anora) | +170 | 37.04% |
| Denis Villeneuve (Dune: Part Two) | +340 | 22.73% |
| Jacques Audiard (Emilia Pérez) | +340 | 22.73% |
| Edward Berger (Conclave) | +430 | 18.87% |
| Ridley Scott (Gladiator II) | +750 | 11.76% |
| Jon M. Chu (Wicked) | +1000 | 9.09% |
| RaMell Ross (Nickel Boys) | +1100 | 8.33% |
| Coralie Fargeat (The Substance) | +1600 | 5.88% |
| Payal Kapadia (All We Imagine as Light) | +2300 | 4.17% |
| Mohammad Rasoulof (The Seed of the Sacred Fig) | +2300 | 4.17% |
| Greg Kwedar (Sing Sing) | +2800 | 3.45% |
| Pedro Almodovar (The Room Next Door) | +3500 | 2.78% |
| James Mangold (A Complete Unknown) | +4100 | 2.38% |
| Steve McQueen (Blitz) | +4800 | 2.04% |
| Mike Leigh (Hard Truths) | +5500 | 1.79% |
| Luca Guadagnino (Challengers) | +5500 | 1.79% |
| Clint Eastwood (Juror #2) | +6500 | 1.52% |
| Jesse Eisenberg (A Real Pain) | +8000 | 1.23% |
| Marielle Heller (Nightbitch) | +8000 | 1.23% |
| George Miller (Furiosa: A Mad Max Saga) | +8000 | 1.23% |
| Todd Phillips (Joker: Folie a Deux) | +9500 | 1.04% |
| Francis Ford Coppola (Megalopolis) | +10000 | 0.99% |
| Kevin Costner (Horizon: An American Saga – Chapter 1) | +10000 | 0.99% |
Brady Corbet entered the night as the favorite to win Best Director for his film, "The Brutalist," and his odds only improved after he won the award at the Golden Globes. Corbet's odds went from +110 to -180.
Other big risers include Jacques Audiard for "Emilia Pérez." Audiard entered the night with the sixth-best odds at +700, but improved to +340, which puts him in a tie for third-best odds with Denis Villeneuve for "Dune: Part Two."
While a longer shot in general, Coralie Fargeat also saw her odds improve for her film, "The Substance," as they jumped from +1800 to +1600.
Odds that moved in the opposite direction include Villeneuve (+300 to +340), Sean Baker for "Anora" (+110 to +170; still second-favorite behind Corbet), and Ridley Scott for "Gladiator II" (+470 to +750).
Best Actor Odds
| Nominee | Odds | Implied Prob. |
|---|---|---|
| Adrien Brody (The Brutalist) | -160 | 61.54% |
| Timothee Chalamet (A Complete Unknown) | +125 | 44.44% |
| Ralph Fiennes (Conclave) | +340 | 22.73% |
| Colman Domingo (Sing Sing) | +750 | 11.76% |
| Sebastian Stan (A Different Man) | +750 | 11.76% |
| Daniel Craig (Queer) | +1000 | 9.09% |
| Jesse Eisenberg (A Real Pain) | +1400 | 6.67% |
| Sebastian Stan (The Apprentice) | +1800 | 5.26% |
| Paul Mescal (Gladiator II) | +2800 | 3.45% |
| John David Washington (The Piano Lesson) | +3500 | 2.78% |
| Andrew Garfield (We Live in Time) | +4100 | 2.38% |
| Nicholas Hoult (Juror #2) | +4800 | 2.04% |
| Kingsley Ben-Adir (Bob Marley: One Love) | +5500 | 1.79% |
| Dev Patel (Monkey Man) | +6500 | 1.52% |
| Hugh Grant (Heretic) | +6500 | 1.52% |
| Glen Powell (Hit Man) | +8000 | 1.23% |
| Timothee Chalamet (Dune: Part Two) | +8000 | 1.23% |
| Austin Butler (The Bikeriders) | +10000 | 0.99% |
| Jesse Plemons (Kinds of Kindness) | +10000 | 0.99% |
| Ryan Reynolds (Deadpool and Wolverine) | +10000 | 0.99% |
Adrian Brody was favored to win Best Actor ahead of the Golden Globes for his role in "The Brutalist," and his odds shifted even further in his direction after he won Best Actor – Drama, from -125 to -160.
The biggest winner on the odds board was Sebastian Stan, who won Best Actor – Musical or Comedy for "A Different Man," and saw his odds move from +1800 all the way to +750, which are tied for the fourth-best odds.
Stan's rise came at the expense of four actors who saw their odds fall, including Timothee Chalamet for "A Complete Unknown" (+100 to +125), Ralph Fiennes for "Conclave" (+240 to +340), Colman Domingo for "Sing Sing" (+500 to +750), and Daniel Craig for "Queer" (+750 to +1000).
Best Actress Odds
| Nominee | Odds | Implied Prob. |
|---|---|---|
| Mikey Madison (Anora) | -170 | 62.96% |
| Demi Moore (The Substance) | +140 | 41.67% |
| Fernanda Torres (I'm Still Here) | +430 | 18.87% |
| Cynthia Erivo (Wicked) | +650 | 13.33% |
| Karla Sofia Gascon (Emilia Pérez) | +750 | 11.76% |
| Angelina Jolie (Maria) | +750 | 11.76% |
| Nicole Kidman (Babygirl) | +1100 | 8.33% |
| Marianne Jean-Baptiste (Hard Truths) | +1100 | 8.33% |
| Saoirse Ronan (The Outrun) | +1400 | 6.67% |
| Tilda Swinton (The Room Next Door) | +1600 | 5.88% |
| Amy Adams (Nightbitch) | +1800 | 5.26% |
| Kate Winslet (Lee) | +2800 | 3.45% |
| Pamela Anderson (The Last Showgirl) | +3500 | 2.78% |
| Zendaya (Challengers) | +4100 | 2.38% |
| June Squibb (Thelma) | +4800 | 2.04% |
| Emma Stone (Kinds of Kindness) | +5500 | 1.79% |
| Florence Pugh (We Live in Time) | +5500 | 1.79% |
| Lily-Rose Depp (Nosferatu) | +6500 | 1.52% |
| Anya Taylor-Joy (Furiosa: A Mad Max Saga) | +6500 | 1.52% |
| Jodie Comer (The Bikeriders) | +8000 | 1.23% |
| Daisy Ridley (Young Woman and the Sea) | +8000 | 1.23% |
The Best Actress category saw the biggest odds movement following the Golden Globes after two surprising winners at Sunday's ceremony: Demi Moore for "The Substance" in the Musical or Comedy category and Fernanda Torres for "I'm Still Here" in the Drama category.
Moore was already among the favorites, but jumped from +380 to +140, which makes her the prohibitive second-favorite for the award behind the Mikey Madison for "Anora."
Torres saw an even bigger jump. Prior to Sunday, her odds for Best Actress were +2800, which saw her tied for 11th on the odds board. After her win, she jumped to +430, putting her third behind Madison and Moore.
Those big jumps led to falls elsewhere. While Madison remains the favorite, she moved slightly from -180 to -170. Karla Sofia Gascon went from +250 to +750 for her performance in Emilia Pérez, Cynthia Erivo went from +380 to +650 for her performance in "Wicked," and Angelina Jolie went from +500 to +750 for her performance in "Maria."
Best Supporting Actor Odds
| Nominee | Odds | Implied Prob. |
|---|---|---|
| Kieran Culkin (A Real Pain) | -390 | 79.59% |
| Guy Pearce (The Brutalist) | +470 | 17.54% |
| Denzel Washington (Gladiator II) | +470 | 17.54% |
| Clarence Maclin (Sing Sing) | +750 | 11.76% |
| Yura Borisov (Anora) | +1000 | 9.09% |
| Stanley Tucci (Conclave) | +1400 | 6.67% |
| Edward Norton (A Complete Unknown) | +1600 | 5.88% |
| Jeremy Strong (The Apprentice) | +1800 | 5.26% |
| Jonathan Bailey (Wicked) | +2100 | 4.55% |
| Peter Sarsgaard (September 5) | +2300 | 4.17% |
| Samuel L. Jackson (The Piano Lesson) | +2400 | 4.00% |
| Wagner Moura (Civil War) | +2800 | 3.45% |
| Mark Eydelshteyn (Anora) | +3500 | 2.78% |
| Pedro Pascal (Gladiator II) | +3500 | 2.78% |
| Jeff Goldblum (Wicked) | +4100 | 2.38% |
| Austin Butler (Dune: Part Two) | +4100 | 2.38% |
| Josh O'Connor (Challengers) | +4800 | 2.04% |
| Harris Dickinson (Blitz) | +6500 | 1.52% |
| Mike Faist (Challengers) | +8000 | 1.23% |
| Adam Pearson (A Different Man) | +8000 | 1.23% |
| Hugh Jackman (Deadpool and Wolverine) | +10000 | 0.99% |
The Best Supporting Actor currently has a clear frontrunner, and that didn't change after Sunday's Golden Globes.
Kieran Culkin is the favorite for the award for his performance in "A Real Pain." He was -250 before the Golden Globes, and those odds improved to -390 afterward.
The potential nominees after Culkin all saw their odds get longer, but the order did not change. They include Guy Pearce for "The Brutalist" (+250 to +470), Denzel Washington for "Gladiator II" (+430 to +470), and Clarence Maclin for "Sing Sing" (+650 to +750).
Best Supporting Actress Odds
| Nominee | Odds | Implied Prob. |
|---|---|---|
| Zoe Saldana (Emilia Pérez) | -470 | 82.46% |
| Ariana Grande (Wicked) | +300 | 25.00% |
| Felicity Jones (The Brutalist) | +500 | 16.67% |
| Danielle Deadwyler (The Piano Lesson) | +850 | 10.53% |
| Aunjanue Ellis-Taylor (Nickel Boys) | +1400 | 6.67% |
| Isabella Rossellini (Conclave) | +1600 | 5.88% |
| Selena Gomez (Emilia Perez) | +1800 | 5.26% |
| Saoirse Ronan (Blitz) | +2300 | 4.17% |
| Joan Chen (Didi) | +2400 | 4.00% |
| Margaret Qualley (The Substance) | +2800 | 3.45% |
| Monica Barbaro (A Complete Unknown) | +2800 | 3.45% |
| Leoni Benesch (September 5) | +3500 | 2.78% |
| Lady Gaga (Joker: Folie a Deux) | +4100 | 2.38% |
| Carrie Coon (His Three Daughters) | +4100 | 2.38% |
| Katy O'Brian (Love Lies Bleeding) | +4800 | 2.04% |
| Jamie Lee Curtis (The Last Showgirl) | +4800 | 2.04% |
| Elle Fanning (A Complete Unknown) | +5500 | 1.79% |
| Zendaya (Dune: Part Two) | +5500 | 1.79% |
| Toni Collette (Juror #2) | +6500 | 1.52% |
| Florence Pugh (Dune: Part Two) | +6500 | 1.52% |
| Cailee Spaeny (Civil War) | +8000 | 1.23% |
The Best Supporting Actress category also has a clear frontrunner. Zoe Saldana entered Sunday as the -180 favorite for her performance in "Emilia Pérez." After winning at the Golden Globes, those odds improved to -470.
The only other potential nominee who saw their odds change was the second favorite, Ariana Grande for "Wicked," which moved from +200 to +300.
Oscars FAQ
When are the 2025 Oscars?
The 2025 Oscars (97th Academy Awards) are scheduled for March 2, 2025.
Where are the 2025 Oscars held?
The 2025 Oscars will be held at the Dolby Theatre in Los Angeles.
Where to watch the 2025 Oscars?
The 2025 Oscars will be broadcast on ABC.
Who is hosting the 2025 Oscars?
The 2025 Oscars will be hosted by Conan O'Brien.
Who won at the 2024 Oscars?
Christopher Nolan's film "Oppenheimer" was the big winner at the 2024 Oscars. The film won Best Picture and had the most nominations (13) and most overall wins (7). It also won Best Director (Nolan), Best Actor (Cillian Murphy), Best Supporting Actor (Robert Downey Jr.), Best Original Score, Best Cinematography, and Best Film Editing. Emma Stone won Best Actress for her role in "Poor Things," while Da'Vine Joy Randolph won Best Supporting Actress for her role in "The Holdovers."
When do the 2025 Oscar nominations get announced?
Nominations for the 2025 Oscars will be announced on Friday, Jan. 17, 2025.
Is Wicked nominated for an Oscar?
"Wicked" is currently the fifth betting favorite for Best Picture at +750 odds. We won't know whether "Wicked" is nominated for Best Picture or any other Oscar until nominations are announced on Jan. 17, 2025.
Where can I bet on the Oscars?
Betting markets for the Oscars are not currently available in the U.S. However there are active markets available at FanDuel Ontario in Canada and BetMGM in the UK.
