Entertainment betting has expanded during the last few years. It covers not only movies and TV shows but also award shows in all spheres: music, literature, sports, etc. If you want to start betting on Oscars, BRITs, or even the Miles Franklin Award, take a look at some useful award betting tips and tricks.
If you are not into sports, you can always choose other events to bet on. Awards betting is one of the most popular activities at betting sites. In fact, they are probably the second most popular market for bettors. Making predictions about the next Oscar winner or the 8th Ballon d’Or for Leo Messi is as fun as betting on him to score. So, let’s take a look at award betting as well as some useful tips and tricks.
Entertainment & awards betting
Entertainment bets are a great alternative to sports betting. They cover a wide range of markets, so everyone can find something to wager on. Currently, people who are not interested in sports can find the following events to bet on:
- Movies and TV series (box office predictions, plot twists, cast, etc)
- Reality shows (next elimination, winner/winning mentor)
- Celebrities (personal life and career achievements)
- Music (chart-toppers, new releases, next Halftime show headliners)
- Awards (hosts & winners at various music/film/sports awards)
Awards betting is probably the most popular of these. Every year, bettors sit down and try to predict the next Oscar or Grammy winner, the owner of the Nobel Prize, the next Sportsperson of The Year, and so on.
Useful award betting tips
How to bet on various awards? It might seem as random as playing games of chance, but it is not true. Betting on award shows is sometimes easier than betting on football matches. Why? First of all, bets are always straight, so you simply choose the most possible winner and bet on it. Secondly, betting on the most popular awards like the Oscars is very easy as bookmakers make the right predictions in 98 cases out of 100. Let’s see what tips and tricks might help you to make money on award show betting.
Follow the news. Betting on awards is a win-win option because various editions and experts try their best to predict the winners themselves. Have you ever noticed that most movie experts predict the Academy Award winners correctly? They watch all movies, follow all pre-Oscar awards, and read critics’ reviews to learn about the favorites of the Oscar race. To skip all these steps, simply follow all updates on the award predictions as well as the odds at the bookies.
Research about the nominees yourself. Not all awards get as much attention as Grammys or Ballon d’Or. If you haven’t found the information about the upcoming award shows, you should do research by yourself. Read about the nominees and their achievements, if you bet on movies – watch them, if you bet on literature – read it. Having your personal opinion always helps to make a better choice.
Use online betting bonuses. Like in sports, you can use the best online sportsbook bonuses to bet on all or selected award ceremonies. It all depends on the terms and conditions provided by the sportsbook. Nevertheless, bonuses might help you to save money and place free bets on entertainment.
Bet on awards in advance. Surely, when the event is around the corner, it is much easier to predict the winner. However, the odds on favorites drop as soon as more and more articles favor them. To have a better profit from awards betting, place wagers on the winner in advance or as soon as the event is open for betting.
What awards can you bet on?
Online bookmakers offer odds on the majority of popular film, music, literature, and sports awards that exist. Before you read about award betting tips, see what award shows you can find odds for. In most cases, bettors are offered to bet on the winner of a specified award with rare exceptions (e.g. the next host at the Oscars).
So, what are the twenty most popular awards you can find at online betting sites?
The Academy Awards
Golden Globes
BAFTA
Golden Raspberry Awards
MTV Movie & TV Awards
BET Awards
BRIT Awards
Emmy Awards
Tony Awards
Grammy Awards
VMA/AMA/EMA
Billboard Music Awards
Nobel Prize
Turner Prize
The Booker Prize
Hugo Awards
Miles Franklin Award
BBC Sports Personality of the Year Awards
Ballon d’Or
Laureus Awards
