Vegas Sportsbooks Granted Permission to Offer Bets on Academy Awards

Written by:
Jordan Bach
Published on:
Feb/03/2011
Las Vegas Oscar Bets

The Las Vegas sportsbooks in previous years have not been allowed to take bets on nonsporting events, the most popular of which is the Academy Awards.  For the first time ever, they were granted this permission for the upcoming awards show.  Likewise, Vegas books will be able to offer odds on such popular Web betting entertainment events as political elections, the World Series of Poker winners and American Idol.

“The Oscars is widely considered among the top 5, if not the top 3, one day betting events online,” noted Payton O’Brien, Senior Editor of the Gambling911.com website.   “It is like a mini Super Bowl and has been for more than a decade.”

The Nevada Gaming Commission unanimously approved amendments to gaming regulations that allow betting on such events this week. 

But some of these bets can prove tricky.

In recent years, online bookmakers have had to pull wagering on such pre-taped events as the television reality show Survivor after a number of suspicious bets came in from a specified location.

“It’s hard to say whether I’d want to pursue Academy Award bets,” Wynn Sportsbook Director Johnny Avello told the Las Vegas Sun.  “If it’s an easy slam dunk, I’d be OK with it. But if it would be a long, drawn-out process, it may not be worth it.”

“I think it could be a great opportunity for us,” said Jay Kornegay, director of the Las Vegas Hilton Superbook. “By accepting nontraditional wagers, we could compete with some of the offshore books that offer these things.”

- Jordan Bach, Gambling911.com

Entertainment News

Game of Thrones Betting From FanDuel, Draftkings App: No Can Do

There won't be any betting on the season (and show) finale of Games of Throne in the state of New Jersey via either the FanDuel or Draftkings app.

98 Percent of Polsters Predict Daenery Death in Final Game of Thrones Episode

98 Percent of Those Polled Predict Daenery Death in Final Game of Thrones Episode

While most bookmakers have pulled their odds on Sunday's season (and show) finale of Game of Thrones, bets were being taken right up through Saturday.

End Game Nears for Game of Thrones

End Game Nears for Game of Thrones

When season eight of “Game of Thrones” began, The Associated Press examined the arcs of the major characters who had survived the bloody series until its final season.

Can I Still Bet on the Game of Thrones Finale on May 19 Day of Airing?

Can I Still Bet on the Game of Thrones Finale on May 19 Day of Airing?

Tomatometer scoring odds still available at select bookmakers online

Netherlands Wins Eurovision Final 2019 as Favorites

Netherlands Wins Eurovision Final 2019 as Favorites

The Netherlands won the 64th Eurovision Song Contest in Israel on Sunday in a songfest that passed off without serious incident, despite calls by pro-Palestinian groups to boycott the event.

Syndicate