La La Land a La La Lock Say Oddsmakers

Written by:
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Published on:
Feb/18/2017

(Reuters) - "La La Land" is set to sweep the Oscars, but the race to be crowned Hollywood's leading man is going down to the wire, say bookmakers who are seeing record bets on the Academy Awards this year.

Casey Affleck, star of "Manchester by the Sea," had been the favorite to win the best actor statue for several months. But his odds tightened as a flood of money flowed to Denzel Washington after he took home the Screen Actors Guild award in January for "Fences."

Ladbrokes favors Affleck with 8/15 odds, compared with 13/8 for a Washington victory, but says it will be close.

"This is without a doubt the most competitive category of 2017," said Ladbrokes spokeswoman Nicola McGeady, who said a rush of bets on Washington in recent weeks had moved the market significantly.

Bookmakers, however, are overwhelmingly confident that "La La Land" will take home the best picture statuette on Sunday, Feb. 26.

"At 1/7, we reckon there is an 87.5 percent chance it will win best picture," said Feilim Mac An Iomaire, spokesman for Paddy Power Betfair.

Scroll Down For More Below Latest Oscar Odds Available at BetPhoenix Here

ENTERTAINMENT - Feb 20

02/20/2017 00:01:01

 

89TH ACADEMY AWARDS-WIN BEST SUPPORTING ACTRESS

 
 

99051

VIOLA DAVIS (FENCES)

-4000

 

99052

MICHELLE WILLIAMS (MANCHESTER BY THE SEA)

+1000

 

99053

NAOMIE HARRIS (MOONLIGHT)

+1400

 

99054

NICOLE KIDMAN (LION)

+2000

 

99055

OCTAVIA SPENCER (HIDDEN FIGURES)

+4000

 

99056

***ALL WAGERS HAVE ACTION***

 

02/20/2017 00:01:01

 

89TH ACADEMY AWARDS- ODDS TO WIN BEST ACTOR

 
 

99061

CASEY AFFLECK (MANCHESTER BY THE SEA)

-170

 

99062

DENZEL WASHINGTON (FENCES)

+105

 

99063

RYAN GOSLING (LA LA LAND)

+1000

 

99064

ANDREW GARFIELD (SILENCE)

+2800

 

99065

VIGGO MORTENSEN (CAPTAIN FANTASTIC)

+8000

 

99066

***ALL WAGERS HAVE ACTION***

 

02/20/2017 00:01:01

 

89TH ACADEMY AWARDS - ODDS TO WIN BEST ACTRESS

 
 

99071

NATALIE PORTMAN (JACKIE)

+300

 

99072

EMMA STONE (LA LA LAND)

-650

 

99073

RUTH NEGGA (LOVING)

+3500

 

99074

ISABELLA HUPPERT (ELLE)

+900

 

99075

MERYL STREEP (FLORENCE FOSTER JENKINS)

+4000

 

99076

***ALL WAGERS HAVE ACTION***

 

02/20/2017 00:01:01

 

89TH ACADEMY AWARDS - ODDS TO WIN BEST DIRECTOR

 
 

99081

DAMIEN CHAZELLE (LA LA LAND)

-1600

 

99082

BARRY JENKINS (MOONLIGHT)

+900

 

99083

KENNETH LONERGAN (MANCHESTER BY THE SEA)

+1000

 

99084

MEL GIBSON (HACKSAW RIDGE)

+2500

 

99085

DENIS VILLENEUVE (ARRIVAL)

+2800

 

99086

*** ALL WAGERS HAVE ACTION ***

 

02/20/2017 00:01:01

 

89TH ACADEMY AWARDS - ODDS TO WIN BEST PICTURE

 
 

99091

LA LA LAND

-850

 

99092

MANCHESTER BY THE SEA

+1200

 

99093

FENCES

+4500

 

99094

HACKSAW RIDGE

+4500

 

99095

LION

+4500

 

99096

ARRIVAL

+8000

 

99097

HIDDEN FIGURES

+1000

 

99098

HELL OR HIGH WATER

+8000

 

99100

MOONLIGHT

+400

 

99101

***ALL WAGERS HAVE ACTION***

 

02/20/2017 00:01:01

 

89TH ACADEMY AWARDS - WINS BEST SUPPORTING ACTOR

 
 

99101

MAHERSHALA ALI (MOONLIGHT)

-750

 

99102

MICHAEL SHANNON (NOCTURNAL ANIMALS)

+700

 

99103

JEFF BRIDGES (HELL OR HIGH WATER)

+1200

 

99104

LUCAS HEDGES (MANCHESTER BY THE SEA)

+14000

 

99105

DEV PATEL (LION)

+500

 

99106

*** ALL BETS HAVE ACTION ***

 

The musical starring Emma Stone and Ryan Gosling has faced some recent competition from "Hidden Figures," the tale of black female mathematicians in the 1960s space race. But at 12/1, it's well behind the favorite.

Turnover on bets for novelty events such as the Academy Awards and other awards shows has doubled since 2014, said Mac An Iomaire.

"This year, we are expecting to end up 30 percent over last year, taking some 250,000 Euro ($270,000) in terms of the bets," he added.

Punters are finding several ways to put their money behind "La La Land." Ladbrokes has the film 3/1 to equal the record for most wins - currently 11 - held by "Titanic," "Ben-Hur" and "Lord of the Rings: Return of the King." The odds for "La La Land" to beat the record for most wins is 10/1.

Alex, 31, of London, who did not want to give his surname, said he'd backed "La La Land" to win best picture in early December at 4/5.

"I also backed Emma Stone to win best actress at 7/4," he said. "Unfortunately, I was restricted to only 70 pounds ($87) on the latter.

"I was tempted to back Denzel Washington for best actor but decided that would be my emotions making the bet. I try to keep my own feelings on the film well away from my actual bet."

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