Before Sunday, British bookie already closed the bet for Helen Mirren to win the Oscar. Before the closure, you had to bet 66 British pounds to win 1 pathetic pound. They still couldn't have enough gamblers to bet on other actresses to cover their potential losses. Guess what? Ms. Mirren did win.
Unlike college basketballs, Oscar is much easier to predict. The awards are not determined by a small panel of judges, but by thousands of academy members. The group is not too bad as a proxy to the true population taste. I guess the book keepers just need to do a little telephone survey and calculate the statistics.
That might also be why betting on the Oscar is not as popular as betting on sports.
(Picture: imbd.com)
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