On February 24, Hollywood elites and other movie professionals gather to observe everything cinema for the 91st Academy Awards.
The biggest movies of the year move head-to-head vying for top honors, aka a statue that looks like a Ken doll which fell into a vat of matte gold nail polish. Winners are chosen by members of the Academy of Motion Picture Arts and Sciences (AMPAS), an organization comprising approximately 6,000 film industry professionals.
Oddsmakers calculate Academy Awards gambling odds by discovering each nominee’s chance of winning their respective category. One of the great things about Oscar gambling lines is they often arrive with low juice commission the sportsbook takes from every wager. Considering that wagering on the Oscars only comes after annually, unlike gambling on soccer, online betting sites provide more affordable lines to provide bettors an incentive.
One of the largest betting opportunities is a bet on Best Picture. But, among the worst beats in the background of gambling came on February 26, 2017, when Faye Dunaway and Warren Beatty presented the award for Best Picture. For People Who have chosen to block this by memory, Here Is a recap:
Dunaway and Beatty announced that La La Land had won the Oscar for Best Picture. Unfortunatly, the real winner was Moonlight. It was only when the manufacturer of La La Land, Jordan Horowitz, accepted the award that the error was realized. Dunaway and Beatty was handed the incorrect envelope — the one containing the results for Best Actress, which had already been given to Emma Stone. It was a huge upset, and of course it was an awkward moment could be an understatement.
La La Land was the heavy favorite and bettors thought they would be collecting their winnings after Bonnie and Clyde declared Best Picture. Unfortunately, those bettors found themselves on the losing side of a bad beat. On the other hand, individuals who took Moonlight to win Best Picture had it made.
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