The Academy Awards is less than a week away and NJ online sports betting players will be able to bet on the Oscars for the first time. The New Jersey DGE approved the betting on 16 Oscars categories, including Best picture. NJ sportsbooks have certainly taking note of the approvals, offering special Oscars promotions and many different ways to bet on the Academy Awards. DraftKings Sportsbook has jumped into the action, offering two amazing Oscars promotions for players to bet on the Best Picture category.
DraftKings Sportsbook 100-1 Odds Boost For Oscars Best Picture
The DraftKings app has stepped up its game for New Jersey sports bettors and fans of the Academy Awards. DK is giving players an extraordinary 100-to-1 odds boost for Best Picture. Place a wager on the film you feel will win Best Picture and get 100-to-1 odds on your bet. 100-to-1! The max wager a player can place on a winner for Best Picture is $5, but that still means winning $500! That is quite a haul on a $5 bet if a players chooses correctly.
DraftKings Sportsbook Offers $20 Free Bet For Oscars Best Picture
DraftKings Online Sportsbook isn’t stopping at 100-to-1 odds, however. New DraftKings signups will receive a $20 Free Bet for the Oscars Best Picture category. All you have to do is sign up and bet on who you believe will win Best Picture.
Best Picture Nominees And Their DraftKings Odds
There are eight films nominated for Best Picture at this year’s Oscars. Here are the odds for each film at DraftKings Sportsbook:
- Roma (-335)
- Green Book (+450)
- The Favourite (+1200)
- BlacKkKlansman (+2500)
- Black Panther (+2500)
- Bohemian Rhapsody (+3000)
- A Star is Born (+4000)
- Vice (+10000)
2019 Oscars Betting: How To Bet On Moneyline At DraftKings Sportsbook
All investments made on 2019 Oscars odds are moneyline bets. You may be asking yourself, what is a moneyline bet? Luckily, it’s the simplest form of wagering there is. A moneyline wager is simply placed on who will win a game, or in this case, an Oscars category. It is essentially a ‘yes or no’ wager on a given film with the payout being determined by the varying odds of the nominees.
Roma (-335) is the heavy favorite to take home the award, according to the DraftKings Sportsbook app. In order to win $100 on Roma, DraftKings players would have to risk $335 due to the likelihood of the film winning Best Picture, according to oddsmakers.
A bet on the film with the second-lowest odds, Green Book (+450), would come with a payout that could quadruple your investment if it came through. A $100 wager on Green Book pays $450 on DraftKings. If you spent the $335 it would take to win $100 on Roma and put it on Green Book, you could cash in for $1,507.50 with a win.
If you want to take a shot with a big-time underdog, DraftKings Sportsbook is offering both Black Panther and BlacKkKlansman at +2500, with a $100 wager winning $2,500. Bohemian Rhapsody with Best Actor-hopeful Rami Malek is listed with slightly higher odds at +3000.