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Those offerings, and the odds, vary from sportsbook to sportsbook.
Long popular in Europe and offshore, but off-limits in the U.S. Foremost, thepotential for abusethrough inside information.
Award winners are indeed predetermined and thus information, however closely guarded, is known to some.
Among the New Jersey sportsbooks offering Oscars betting is the Australia-headquartered outfitPointsBet.
But so far, New Jersey is the only one to give the nod to Oscars betting.
That may change after Sundays BAFTA Awards.
The FanDuel spokesperson said, These English awards could be a sneak peek into the Oscar winners.
Prior to the BAFTA Awards,Romawas -170 to win Best Picture.
But afterRomatook home Best Film at the BAFTA Awards, its price halved at FanDuel to -340.
Art is subjective and films pull at heartstrings, two factors that bookmakers bake into the odds.
This year, at least one bookmaker is expecting some emotion-driven dollars.
For starters, watch the films.
Check a credibleprognosticator such as FiveThirtyEight, which brings a mathematical approach to its predictions.
The picks are in!!
!#Oscars90pic.twitter.com/1aoEKUCVzX
Ive got best picture wrong 4 years in a row!!!!
Still 18/24 this year though!
you could follow him on Twitter @brettsmiley.
