Oscars Nominations and Awards
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The Academy Awards are one of the biggest award shows in the world, if not the biggest. When it comes to films, there isn’t anything bigger than this. The Academy Awards are often called the “Oscars”, which is the nickname that was given to the gold statue that is given to all of the winners.
There are many awards dished out during this ceremony, from “Best Picture” and “Best Actor” all the way through to “Best Soundtrack”. The nominations are usually announced in advance, with the goal of Oscar night being to announce the 1 winner from the nominations chosen.
As with every other major event, the Academy Awards is available on many betting sites, of which BetFair is the main one. This site is available in Canada, and in most other countries for that matter, and as well as having the most markets of any gambling site, it also tends to have the best odds. When it comes to betting on the Oscars, there is no better place to do it.
As with any other market that you can gamble on, the Oscars throws up some surprise wins. If you know your stuff and place your bet early enough, then you can make a huge deal of money. One of the biggest surprises in the last few years came when Departures won the Best Foreign Film Oscar, which few expected. In the years after this, Avatar lost out to Hurt Locker, and although this wasn’t as much of a shock, the big-budget film was still the favourite and this was a surprise to many film-goers.
It is hard to get such a prediction right, because it’s not just about watching the films or being a good critic. The trick is to think like the people that dish out the awards, which tends to be a group of very old men sitting in a stuffy room. These men have admitted to not even watching many of the films that they vote for, but rather choosing the films that are culturally significant.
When you think of it this way then it is easy to understand why Hurt Locker beat Avatar, especially with the impact that the wars in Iraq and Afghanistan were having on Americans. If you can predict something like this then you’re in and you can make a lot of money.
It’s not just the outsiders that you can make money from. The good thing about the Oscars is that it is wide open, and although there is some speculation, there is very little that will make the bookies increase odds one way or another. This means that even with the favourite, you are still going to get a good price. Basically, whatever bet you put on, you will get a good return if it wins. But therein lies the tricky part.
Tips for Winning Bets on the Oscars
As we mentioned above, one of the best things you can look for when it comes to “Best Picture” is how culturally significant the film is. The Oscars also tends to give trophies to those actors and actresses that deserve them, but have yet to win any. There are many of these, and although they have been snubbed many times, they will get what they deserve in the end, even if the time they win wasn’t exactly their best performance.
There are also trends that you should follow. There are trends when it comes to films in general, but the Oscars also follow trends and if you can spot these or predict these then you can take advantage of them. There was a time when Biopics did really well. These were musical films with an element of tragedy. They were supposed to be based on fact, and although they were actually very loose with the truth, they still did well. Ray and Walk the Line are good examples, but there were more.
There are some easy tips for films that will never win. One of them is the genre. Action, Science Fiction, Fantasy and Comedy fair very poorly. It doesn’t matter how good or popular the film is, or how well acted it is, these films just don’t win. Drama is the main genre at the Academy Awards, and providing the film’s main genre matches this, then it has a chance. Films based on true stories also do exceptionally well, although, as we said above, it usually doesn’t matter how loosely based they are.
The Oscars is a game, and the film companies spend millions promoting their films to the Academy. They know which ones they want to promote in advance, they know which ones will be nominated. It’s not as wide open (or fair, if you will) as you think, and if you have some knowledge of which films are being pushed the most, then you might have an idea of which ones will win the awards.
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