All indications point to more and more people placing bets on the Academy Awards.
Miami Beach, FL (PRWEB) February 22, 2005 -- Based on preliminary data, Sports911.com has determined that the 2005 Oscars will likely lead to unprecedented betting action.
"The Super Bowl was huge for us," explained Thomas Jensen, Marketing Director for Sports911.com. "We witnessed an explosive surge in traffic of more than 200% the six hours prior to kick off, but with the Oscars Sports911 is seeing even greater interest well before the big night."
Sports911.com forecast calls for a five time increase in traffic this upcoming Sunday compared with prior "same day" periods with the exception of Super Bowl Sunday, though some factors suggest the potential for even greater increases than that of Super Bowl.
The 2005 Academy Awards will be broadcast this coming Sunday, February 27.
Among the favorites to win, Jamie Foxx is considered the closest thing to a lock at -3000 (Skybook.com). Meanwhile, Best picture appears to be a neck and neck race between The Aviator (slight favorite to win) and Million Dollar Baby. Sideways sits with +700 odds on average across the board.
Although Clint Eastwood and Martin Scorcese are pretty much tied as favorites to win best director, pay out odds for the other three nominees could translate into a hefty profit should the underdog win. Alexander Payne pays up to $5000 for every $100 bet (PinnacleSports.com); as do Taylor Hackford and Mike Leigh.
Best supporting actress is a close call between Virginia Madsen, Cate Blanchett and Natalie Portman, but since the category is not set in stone, Laura Linney at around +3500 odds and Sophie Okonedo up to +5000 at PinnacleSports.com are both worth a look.
"And it is possible to wager on each of the five choices at different betting shops," explained Jensen. "All you need is one big underdog like a Sophie Okonedo to come out on top and you walk off with $5000."
The Oscars is widely considered The Super Bowl of Entertainment by many shops that feature odds on this coveted event.
It is estimated that millions of dollars will be wagered on the Oscars this year though this figure is based on volume of people placing bets as opposed to the dollar amount since most sportsbooks impose low limits and the average individual betting on the Academy Awards tends to bet under $100.
About Sports911.com
Sports911.com is recognized as the leader in online gambling and sports betting information around the world. As a portal begun in 2000 dedicated exclusively to covering internet gambling, Sports911.com has since expanded into various other arenas that has since led to a tremendous surge in readership over the past year. Sports911.com provides all the latest celebrity betting props and exotic wagering opportunities.
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