Oscars 2026 Odds, Picks, and Betting Updates

One Battle After Another dominates early odds while Timothee Chalamet surges for Marty Supreme.

Jason Wilson - Betting Analyst at Covers.com
Jason Wilson • Betting Analyst
Oct 7, 2025 • 13:59 ET • 5 min read
Chase Infiniti & Paul Thomas Anderson
Photo By - Imagn Images. Star Chase Infiniti and director Paul Thomas Anderson from One Battle After Another.

More Academy Awards categories are hitting sportsbooks now that we're almost completely beyond festival season.

One Battle After Another remains the top option in the Best Picture race, while Timothee Chalamet has smashed his way into the Best Actor odds as the current betting favorite for Marty Supreme.

Let's look at the latest betting odds for the 98th Academy Awards, scheduled for Sunday, March 15, 2026, at 7 p.m. ET with Conan O'Brien set to return as host. We'll offer full analysis and a complete slate of picks closer to the night.

Odds to win Best Picture

Film DraftKings
One Battle After Another -200
Hamnet  +300
Sinners +600
Sentimental Value +800
Marty Supreme  +800
Avatar: Fire and Ash   +1600
Rental Family +1800
Sorry Baby  +2000
Pressure  +2000
Bugonia  +2000
No Other Choice  +2500
Alpha  +2500
Wicked: For Good  +2500
The Life of Chuck  +2500
Jay Kelly   +2500
Frankenstein +2500
Deliver Me From Nowhere  +2500
After the Hunt +2500
Caught Stealing +3500
Die My Love  +3500
Song Sung Blue +4000
The Smashing Machine  +4000
The Lost Bus +4000
Nouvelle Vague +4000
Michael  +4000
Highest 2 Lowest  +4000
Anemone +4000
Is This Thing On? +5000
Ella McCay +5000
Train Dreams +5000
The Ballad of a Small Player +5000
Roofman +5000
Mother Mary +5000
F1 +5000
The Testament of Ann Lee +6500
The Phoenician Scheme +6500
Weapons +6500
The History of Sound +6500

Odds as of 10-7.

After almost unanimously rapturous reviews and a solid global box office through its first couple of weeks in cinemas, Paul Thomas Anderson's One Battle After Another is very clearly the betting favorite to win Best Picture at the Academy Awards. It has star power, it's a combustible plot, and it could have serious legs.

But Josh Safdie's Marty Supreme debuted at the New York Film Festival and was extremely warmly received, and it's shot up from +1400 to +800 in less than 24 hours. 

Those will both be nominees at the very least, likely joining Hamnet, Sentimental Value, and Sinners as surefire options in the category. The rest of the field is a little more up in the air, but Wicked: For Good will probably be there, though a win seems far-fetched, and Sorry Baby could squeak in as the little indie that could after being well-reviewed out of Sundance and beyond.

Be careful when navigating these odds, though, as Pressure and Michael probably won't play in theaters this year, while Alpha, Julia Ducourneau's latest body horror opus, may not get much run and was panned out of Cannes.

Odds to win Best Director

Film DraftKings
Paul Thomas Anderson (One Battle After Another) -225
Chloe Zhao (Hamnet)  +250
Ryan Coogler (Sinners) +450
Joachim Trier (Sentimental Value) +450
Park Chan-wook (No Other Choice) +900
Jafar Panahi (It Was Just an Accident) +1000
Yorgos Lanthimos (Bugonia) +1100
Bradley Cooper (Is This Thing On?) +1100
Josh Safdie (Marty Supreme) +1400
Hikari (Rental Family) +1400
James Cameron (Avatar: Fire and Ash) +1600
Noah Baumbach (Jay Kelly) +1800
Kathryn Bigelow (A House of Dynamite) +1800
Jon M. Chu (Wicked: For Good) +2000
Guillermo del Toro (Frankenstein) +2200
Paul Greengrass (The Lost Bus) +2800
Kleber Menconca Filho (The Secret Agent) +2800
Nia DaCosta (Hedda) +3500
Benny Safdie (The Smashing Machine) +3500
Richard Linklater (Nouvelle Vague) +4000
Edward Berger (Ballad of a Small Player) +4000
Ronan Day-Lewis (Anemone) +5000
Luca Guadagnino (After the Hunt) +5000

The Best Director odds mirrors Best Picture, especially up top, though Josh Safdie hasn't seen the same kind of helium as his film, Marty Supreme, has.

Still, the top four names listed feel like locks, with Safdie a really strong fifth option to round out the category. That's especially the case with Kathryn Bigelow's A House of Dynamite receiving tepid, at best, reviews out of festival season.

Although if Bradley Cooper's Is This Thing On? surprises with critics and audiences, he and the film may be our sleeper candidate.

Odds to win Best Actor

Film DraftKings
Timothee Chalamet (Marty Supreme) -225
Leonardo DiCaprio (One Battle After Another) +250
Jeremy Allen White (Deliver Me From Nowhere) +450
Dwayne Johnson (The Smashing Machine) +450
Paul Mescal (Hamnet) +900
Jesse Plemons (Bugonia) +1000
Daniel Day-Lewis (Anemone) +1100
Brendan Fraser (Rental Family) +1100
Wagner Moura (The Secret Agent) +1400
George Clooney (Jay Kelly) +1400
Michael B. Jordan (Sinners) +1600
Ethan Hawke (Blue Moon) +1800
Matthew McConaughey (The Lost Bus) +1800
Will Arnett (Is This Thing On?) +2000
Lee Byung-hun (No Other Choice) +2200
Colin Farrell (Ballad of a Small Player) +2800
Vahid Mobasseri (It Was Just an Accident) +2800
Sergi Lopez (Sirat) +3500
Joel Edgerton (Train Dreams) +3500
Hugh Jackman (Song Sung Blue) +4000
Channing Tatum (Roofman) +4000
Austin Butler (Caught Stealing) +5000
Tom Hiddleston (The Life of Chuck) +5000

Best Actor is a deep category, and until Marty Supreme hit the festival circuit, this looked like a Leo DiCaprio vs. Dwayne Johnson showdown. 

Now, Timothee Chalamet has surged to the top spot, and while Johnson will still likely get a nomination, The Smashing Machine bombed at the box office, and it wouldn't be unheard of for him to be usurped by someone like Daniel Day-Lewis or Brendan Fraser.

Odds to win Best Actress

Film DraftKings
Jessie Buckley (Hamnet) -250
Rose Byrne (If I Had Legs I'd Kick You) +450
Renate Reinsve (Sentimental Value) +450
Cynthia Erivo (Wicked: For Good) +800
Emma Stone (Bugonia) +1000
Sydney Sweeney (Christy) +1000
Amanda Seyfried (The Testament of Ann Lee) +1100
Jennifer Lawrence (Die My Love) +1400
Julia Roberts (After the Hunt) +1600
Jodie Foster (Vie Privee) +1800
Tessa Thompson (Hedda) +1800
Laura Dern (Is This Thing On?) +2000
Mariam Afshari (It Was Just an Accident) +2200
Emily Blunt (The Smashing Machine) +2200
Kate Hudson (Song Sung Blue) +2800
Saja Kilani (The Voice of Hind Rajib) +2800
June Squibb (Eleanor the Great) +3500
Cate Blanchett (Father Mother Sister Brother) +3500
Eva Victor (Sorry Baby) +4000
Emma Mackey (Ella McCay) +4000
Julia Garner (Weapons) +5000
Olivia Colman (The Roses) +5000

Jessie Buckley is way ahead of the pack for her role in Chloe Zhao's Hamnet, and it might be foolish to try and predict a dark horse.

Rose Byrne and Renate Reinsve are clearly pegged as the next most likely candidates, and they seem more possible than, say, Cynthia Erivo or Emma Stone. That's not a knock on either, but I'd be shocked if Wicked scored an acting award, and while Stone could be nominated, Bugonia figures to be Yorgos Lanthimos' strangest film in years and may be more alienating than Poor Things.

Two names I'm curious about here are Amanda Seyfried and Jennifer Lawrence. Seyfried was hailed for her performance in Mona Fastvold's The Testament of Ann Lee during its festival run, and the film has since been acquired by Searchlight, which will be released in December.

Lawrence is said to be extremely strong in Die My Love, Lynne Ramsay's latest, which got mixed reactions out of Cannes but could see extra life if its theatrical run is more positive.

Academy Awards Odds FAQ

Pages related to this topic

Jason Wilson Covers.com
Betting Analyst

Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo