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It's one thing to come out with 2008 Oscar predictions, but for the gambler who thinks Daniel Day-Lewis is a "lock" to win for "best actor", be prepared to risk $16 just to win a whopping $1! You can still do this at BetOnline.com whereas Bookmaker.com has already removed the "best actor" option (at least for the time being). Too many "sharps" taking advantage. And why wouldn't they. Gambling911.com predicts that Daniel Day-Lewis will walk away with the "best actor" award. Likewise, Javier Bardem will win for No Country for Old Men. He's a huge risk too of $13 just to win $1. Some Oscar gambling pundits believe it's worth the risk. The next shortest odds belong to Hal Holbrook and that's for a $9 payout on every $1 risked. For the Oscar betting novices, remember that a minus (-1) sign in front of the number (example: Javier Bardem -1300) means you would have to bet a larger amount to win a smaller amount. In the case of Bardem you would have to bet $13 to win $1 or $130 to win $10 or $1300 to win $100. You get the point. A plus (+) sign before the number (example: Hal Holbrook at +900) means that you would bet $1 to win $9 or $10 to win $90 or $100 to win $900 depending on your betting increment. Obviously, the best payouts have the plus (+) sign in front of the number. The better odds have a minus (-) sign. But if you were wagering on this year's Super Bowl, you know that the (+) sign was in front of the New York Giants and they paid huge sums of money for their upset win. Same could happen with the Oscars this year. Remember, too, that some online gambling websites list odds as 2/1 or 3/1. This is easy to understand. The number on the left is the payout potential. The number on the right is the risk or the amount that would be bet to win the number on the left. Therefore 2/1 odds means you would win $2 for every $1 bet or $20 for every $10 bet or $200 for every $100 bet. Other 2008 Oscar predictions are not as closely written in stone. Yes, we believe that The Coen Brothers are due and will get their Oscar. The "best picture" winner is a toss up between "No Country for Old Men" and "There Will be Blood". The later pays out more if it were to win but "No Country for Old Men" has better odds of winning. "There Will be Blood" pays almost $300 for every $100 bet at Bookmaker.com Our prediction though is that "No Country for Old Men" will walk off with the Oscar. "Best actress" is a tight category. But in our opinion, there is a sentimental favorite in Julie Christie who has a long and colorful Hollywood career without an Oscar to her credit. The risk might be worth it. Bet $9 to win $4 at Sportsbook.com. That's a full dollar more than what you'll be getting at other gambling sites we have surveyed. "Best supporting actress" is our personal favorite because we see a big dog winning here. Cate Blanchett is the favorite but she's won before and this was not one of those performances (a la Daniel Day-Lewis) that justify another Oscar win, hence the reason why she is listed with even odds for the most part. Ruby Dee is a sentimental favorite but we can't see enough judges warranting an Oscar for such a short screen presence. The nomination is probably good enough. We think it will come down to Amy Ryan. BetUS.com pays the most on Ryan: $2 for every $1 bet compared to just over $1 elsewhere we have looked. So Ryan is our pick for 'best supporting actress". Tilda Swinton for her role in Michael Clayton pays $800 for every $100 bet at Bookmaker.com - the best payout odds by a mile - if you think an even bigger underdog could win in this category. Saoirse Ronan would also pay the best at Bookmaker.com - $3000 for every $100 bet. Talk about an upset!
---- Christopher Costigan, Gambling911.com Publisher CCostigan@CostiganMedia.com Originally published February 24, 2008 12:49 pm EST
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