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2023 Academy Awards Odds and Predictions

By Jeff Stinger

2022 was another fantastic year in cinema, and the 2023 Academy Awards is back to award the best films and the auteurs of their craft. Many predict that the hit sci-fi adventure Everything Everywhere All at Once will sweep the Oscar categories that it’s nominated in, but is that really the case when taking a closer look at their competition?

Nitrobetting has betting odds even for entertainment events beyond the sporting world. This time, let’s break down the nominees for the six major categories in the 2023 Academy Awards, as well as the latest entertainment betting odds and our predictions as to who’ll come out on top of each category.

Top Categories & Odds to Win the 2023 Academy Awards

Best Picture

  • Everything Everywhere All at Once (-909)
  • All Quiet on the Western Front (+800)
  • The Banshees of Inisherin (+1,515)
  • The Fablemans (+1,600)
  • Top Gun: Maverick (+1,685)
  • Tár (+4,000)
  • Women Talking (+10,000)
  • Avatar: The Way of Water (+10,000)
  • Elvis (+10,000)
  • The Triangle of Sadness (+10,000)

As much as we’d love to see The Banshees of Inisherin take home the Best Picture award for its grim and cynical take on friendship, the big Kahuna will still likely go to the odds-on favorite and the biggest surprise of last summer, Everything Everywhere All at Once. It has what Parasite had going for it leading up to the 2020 Oscars: a very relatable plot, stunning visuals, and a nearly all-Asian cast with terrific performances across the board. Simply put, EEAAO deserves the consensus vote as the front-runner to win Best Picture.

Best Director

  • Dan Kwan and Daniel Scheinert – Everything Everywhere All at Once (-1,429)
  • Steven Spielberg – The Fablemans (+461)
  • Todd Field – Tár (+1,325)
  • Martin McDonagh – The Banshees of Inisherin (+1,550)
  • Ruben Ostlund – The Triangle of Sadness (+5,510)

With the obvious passion and dedication that the duo of Dan Kwan and Daniel Scheinert poured out in film for their magnum opus Everything Everywhere All at Once, many experts also believe that the Best Director award is theirs for the taking. Our personal pick for this category is Todd Field for his depiction of a fictional conductor in a semi-biopic form. However, our wild prediction for Best Director goes to Steven Spielberg for his actual semi-biographical homage to cinema, The Fablemans. Spielberg has not won an Oscar in the 21st Century and we wouldn’t be shocked if the Academy honored one of American cinema’s legendary film directors one last time.

Best Actor

  • Brendan Fraser – The Whale (-156)
  • Austin Butler – Elvis (-122)
  • Colin Farrell – The Banshees of Inisherin (+1,200)
  • Paul Mescal – Aftersun (+10,000)
  • Bill Nighy – Living (+10,000)

It’s been quite the lead-up to the Oscars for Brendan Fraser, who revived his acting career with his defining and literally massive role in The Whale as an obese teacher doing his best to reconnect with his daughter. Although Fraser is our pick to take home Best Actor, there’s concern about the increased buzz in favor of Austin Butler and his uncanny portrayal of “The King”. Butler won the best actor award at the Golden Globes and the BAFTAs, meaning Fraser’s inspirational turn is not a sure-fire lock to win.

Best Actress

  • Michelle Yeoh – Everything Everywhere All at Once (-222)
  • Cate Blanchett – Tár (+110)
  • Andrea Riseborough – To Leslie (+2,500)
  • Michelle Williams – The Fablemans (+3,300)
  • Ana de Armas – Blonde (+6,600)

It’s basically a toss-up here between the two front-runners for Best Actress. Similar to Fraser, Everything Everywhere All at Once put Michelle Yeoh back on the map by portraying multiple characters of herself in the alternate-universe spectacle. However, we’re more inclined to side with Cate Blanchett taking home the Oscar for arguably her best role yet from Tár. This is Blanchett’s fourth nomination for Best Actress with a win in 2014 for her turn in Blue Jasmine, and her amazing depiction of troubled and polarizing figure Lydia Tár continues to captivate our senses well past the film’s viewing.

Best Supporting Actor

  • Ke Huy Quan – Everything Everywhere All at Once (-5,000)
  • Brendan Gleeson – The Banshees of Inisherin (+1,200)
  • Barry Keoghan – The Banshees of Inisherin (+1,200)
  • Brian Tyree Henry – Causeway (+2,800)
  • Judd Hirsch – The Fablemans (+2,800)

We’ll have to set aside our love for The Banshees of Inisherin once more and have to go with the logical pick of Ke Huy Quan winning the Best Supporting Actor award. Quan played the role of Waymond, the loving husband of Yeoh in EEAAO, and bagged a Golden Globe and a SAG award for his performance already as one of the most affable characters on screen in 2022. But if you haven’t watched Banshees yet, you’ll soon understand why young, rising Irish actor Barry Keoghan deserves his nomination alongside the tenured veteran Brendan Gleeson.

Best Supporting Actress

  • Angela Bassett – Black Panther: Wakanda Forever (+140)
  • Jamie Lee Curtis – Everything Everywhere All at Once (+150)
  • Kerry Condon – The Banshees of Inisherin (+195)
  • Stephanie Hsu – Everything Everywhere All at Once (+2,500)
  • Hong Chau – The Whale (+6,600)

As the odds above would imply, there’s a three-way race for the Best Supporting Actress award, and Jamie Lee Curtis currently holds the edge over her fellow cast member Stephanie Hsu in the race. Angela Bassett’s turn in the blockbuster superhero movie sequel is a strong candidate as well after bringing some levity amidst all of Black Panther’s glorious action.

However, we’re finally predicting a win for one of the many highlights from The Banshees of Inisherin. Kerry Condon was the at-times hilarious voice of reason in the film amidst all the verbal tension that Colin Farrell and Brendan Gleason deliver. Condon has been in multiple projects by director Martin McDonagh and it’s clear that these two make magic on-screen as seen in the brutal dark comedy about a mid-life crisis like no other.

Where to Bet on the Academy Awards with Bitcoin

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