\u201cWe conducted a review and determined that the request meets the requirements of statute and IGC standards and approved the requests,\u201d Tait said.<\/p>\n
Should circumstances arise that undermine the integrity of certain activities, it is within the IGC\u2019s discretion to change course based upon new information,\u201d she added. \u201cOur website has been updated to reflect this approval.\u201d<\/p><\/blockquote>\n
Attempts to reach Indiana licensed sportsbooks for comment were unsuccessful Wednesday. However, DraftKings already has odds posted on its New Jersey site.<\/p>\n
Last year, New Jersey\u2019s sportsbooks took $747,696 in bets on the Academy Awards and paid out $565,179 to winners.<\/p>\n
DraftKings Current Oscars Odds<\/h2>\n
DraftKings lists odds for 24 categories, from technical awards like Best Sound Mixing all the way up to the big ones \u2013 Best Actor, Best Actress, Best Director, and Best Picture.<\/p>\n
In New Jersey, DraftKings is capping bets on the Academy Awards at either a maximum wager of $1,000 or a maximum win of $1,000, whichever is greater. No parlay bets are allowed, either.<\/p>\n
It\u2019s uncertain if both of those restrictions will carry over to Indiana.<\/p>\n
\n
Current odds for Best Picture show 1917<\/i> as the favorite. The Sam Mendes World War I flick tops the nine nominees with odds of -200, meaning a $200 bet nets $100. Parasite<\/i> is the second choice at +300, meaning a $100 bet wins $300. Once Upon a Time…in Hollywood<\/i> is next at +500.<\/p>\n<\/div>\n
Mendes is currently the favorite for Best Director at -230, with Parasite<\/i>\u2019s Bon Joon Ho at +200.<\/p>\n
The Best Actor and Actress categories, as well as the Best Supporting Actor and Actress categories, are far, far less competitive.<\/p>\n
Joaquin Phoenix, star of Joker<\/i>, is the favorite for Best Actor at -3335. That means a $1,000 bet would win you $30, or enough for you and a date to see Joker<\/i> and (maybe) get some popcorn.<\/p>\n
Renee Zellweger, nominated for her portrayal of screen legend Judy Garland in Judy<\/i>, is the -2500 favorite for Best Actress. Put down $1,000 and you net $40, which is enough for two all-you-can-eat wings, riblets, or shrimp dinners \u2013 plus drinks \u2013 at Applebee\u2019s.<\/p>\n
Brad Pitt, for his role in Once Upon a Time…in Hollywood,<\/i> is the -2500 favorite for Best Supporting Actor, and Laura Dern, nominated for Marriage Story<\/i>, is offered at the same odds for Best Supporting Actress.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Indiana Gaming Commission (IGC) officially embraced novelty betting on Wednesday when it gave licensed sportsbooks its approval to take wagers on this year’s Academy Awards. With the decision, the Hoosier State becomes the second state in the nation, following New Jersey, to allow betting on the annual glitzy awards gala celebrating the film industry\u2019s […]<\/p>\n","protected":false},"author":45,"featured_media":125105,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19853,13592],"tags":[],"acf":[],"yoast_head":"\n
Indiana Gaming Commission Green Lights Betting on Academy Awards<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n