Oscars: Oddsmakers Like 'Spotlight' and 'The Revenant' for Best Picture

'Spotlight': 'Revenant'

Leonardo DiCaprio should easily take best actor, but it's a much tougher call for best actress.

Among bettors risking their hard-earned cash on Oscar predictions, the consensus is that Spotlight will ever-so-slightly edge out The Revenant for best picture. 

At OddsChecker.com, which aggregates the odds at 25 offshore websites where Oscar betting is still legal, the best odds you'll find for Spotlight are even, while the worst are 8/11, meaning an $11 bet would return $19 (your $11 back plus an additional $8).

For The Revenant, on the other hand, you can get 21/10 odds, at best, or 6/4, at worst. The odds are constantly changing, depending on the betting action, of course.

Another website, SportsBettingDime.com, features professional oddsmakers and their analysis, but no real betting. That site calls The Revenant and Spotlight a dead heat, both at 3/1 for best picture.

The long-shots for best picture at SportsBettingDime are Room and Mad Max: Fury Road, both at 12/1, while OddsChecker lists one site where you can get 100/1 odds for Brooklyn, making it the biggest long-shot bet on the Internet, as far as best pic is concerned.

Interestingly, prior to Thursday, Ridley Scott was among the favorites at multiple gambling sites to win best director for The Martian, but since he wasn't even nominated, Alejandro G. Inarritu has vaulted his way into the No. 1 spot. SportsBettingDime has him at 9/5, and the best you'll find anywhere for real money, according to OddsChecker, is 5/4.

While the oddsmakers at SportsBettingDime list Lenny Abrahamson for his direction of Room at 2/1, making him the second most likely to win, the sites taking real-money bets have him as a long-shot, mostly at 25/1. After Inarritu, the real-money bettors like Thomas McCarthy for his direction of Spotlight the most, at about 3/1.

Best actor honors should easily go to Leonardo DiCaprio for The Revenant, according to SportsBettingDime, and if he loses it will be to either Eddie Redmayne for The Danish Girl or Matt Damon for The Martian. For real-money bettors, DiCaprio is also a very clear favorite, where you'll have to risk at least $7 just to win an additional buck on your bet. Michael Fassbender for Steve Jobs would be the one most likely to upset DiCaprio among real-money bettors, followed by Redmayne, then Damon and then Bryan Cranston from Trumbo.

Best actress is a much closer race, but SportsBettingDime has Carol's Cate Blanchett narrowly beating Brooklyn's Saoirse Ronan, while Brie Larson (Room), Charlotte Rampling (45 Years) and Jennifer Lawrence (Joy) are all very close and any of them could easily upset Blanchett.

Among real-money bettors, though, Larson and Ronan are clear favorites, and Blanchett and Lawrence are tied for third.

There are many more betting odds at both sites, and SportsBettingDime will have the odds for "prop" bets sometime on Friday. "Props" are the weird ones, like whether or not Oscar-show host Chris Rock will tell a joke about Bill Cosby.

Email: Paul.Bond@THR.com