DraftKings Sportsbook Director Offers A Big Picture Look At Oscars Betting
By Bill GelmanUpdated on February 22, 2019
Academy awards weekend is here. And if you are in New Jersey, it implies there’s still time to get in the Oscars gambling action.
DraftKings Sportsbook is offering odds on all 24 classes. Johnny Avello, director of sportsbook surgeries for DraftKings, stated he is quite pleased the New Jersey Division of Gaming Enforcement gave the green light, especially in the first year of legal NJ sports betting.
“I did not really count it out since I saw the way aggressive [the gambling board] was with Super Bowl props,” he explained.
DraftKings originally posted chances for all 24 categories, but due to a technical glitch, only Best Picture odds appeared for the first week or so.
That problem has been solved. Betting will remain open all the way through showtime, but no more bets will be accepted after 8 pm EST on Sunday, Feb. 24.
Concerning the decision to provide all 24 classes, it is simple:
“If you are planning to do it, then you do it right,” Avello said. “These are 24 major awards.”
DraftKings Oscars gambling gets creative
Besides moneylines on all categories, DraftKings is taking an outside-the-box strategy by offering over/under lines to the amount of Oscars all the finest Picture nominees will triumph.
Roma, the heavy favorite to win Best Picture in -225, has an over/under of 3.5. If you think the movie will walk off with four or more awards, then you can bet the more than at -167.
But the creativity also comes in the form of odds boosts. At Friday afternoon, DraftKings had two supplies:
Black Panther, BlacKkKlansman, and Bohemian Rhapsody all to acquire a Minumum of One award (was paying +100, currently paying +120)
Roma to win Best Picture, Rami Malek to win Best Actor and Glenn Close to win Best Actress (was paying -141, currently paying -110)
And needless to say, new players get a 100:1 chances boost if they are able to correctly pick the finest Picture winner. That welcome bonus endings following Sunday’s series.
Oscars gaming breakdown from DraftKings
With this being the very first year lawful Oscars betting is being offered anywhere — such as Nevada — most are likely wondering are wagers coming beyond the large six:
Finest Director Best Actor
Best Supporting Actor
Best Supporting Actress
As of Wednesday, DraftKings did not release specific numbers on bet amounts, however, the company did share a percentage breakdown by class.
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