How To Bet On The 2019 Oscars in New Jersey

The 91st edition of the Academy Awards will commence on Feb. 24. Now that sports gambling is spreading across the country, here is a useful guide for how to bet on the Oscars this year.
Wait, you can legally bet on the Oscars?
In fact, yes. Several sportsbooks in New Jersey have created moneylines for lots of the significant categories.
Moneylines are an ideal betting type for this kind of wagering because they’re stakes about the eventual winner of the Oscar. The tricky part, instead, is determined by the wagering amounts and payouts.
Bettors have no doubt seen moneylines before — they’re denoted by the three-digit number near each selection on an chances display board. However, sportsbooks interpret those numbers depending upon their sign.
A favorable moneyline is a statement about how much a $100 wager will cover. So, a movie or celebrity listed at +200 because of their category would pay out $200 for a $100 bet, and the proportional equivalent for other amounts.
Conversely, a negative moneyline is that the sum a bettor must wager so as to receive a $100 payout. So, a movie or actor listed at -200 would need a $200 wager to pay out $100. In other words, the same $100 wager in the last paragraph could only get a $50 settlement.
Where can someone bet about the Oscars?
Currently, there are just a few pick New Jersey sportsbooks offering bets on the Academy Awards. DraftKings Sportsbook, FanDuel Sportsbook, BetStars NJ, and PointsBet will accept bets on the outcome of the nominations.
More New Jersey sportsbooks will likely join these four because the ceremony draws closer. Frankly, many of them are probably still recovering from the Super Bowl.
But, bettors may start making wagers on those 3 sportsbooks. Here are a Few of the Present moneylines for the Significant categories (based on FanDuel):
Best Picture
A Star Is Born (+1100)
BlackKKlansman (+1400)
Black Panther (+1600)
Bohemian Rhapsody (+1800)
The Favourite (+700)
Green Book (+330)
Roma (-175)
Vice (+5000)
Best Manager Alfonso Cuaron (-1200)
Yorgos Lanthimos (+2500)
Spike Lee (+700)
Adam McKay (+2000)
Pawl Pawkikoski (+2000)
Best Actor
Christian Bale (+170)
Bradley Cooper (+900)
Willem Dafoe (+4000)
Rami Malek (-225)
Viggo Mortensen (+2000)

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