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- One Battle After Another is the runaway early favourite at 1/2 to win Best Picture at the 98th Academy Awards
- The main challenger is Hamnet at 10/3, a powerful drama from award‑winning director Chloé Zhao
- Odds via William Hill, one of the leading UK betting sites offering specials and free bets
With awards season buzz heating up, early betting odds from William Hill suggest a strong frontrunner has already emerged for the Best Picture Oscar at the 98th Academy Awards, set to be held in early 2026.
Paul Thomas Anderson’s latest epic, One Battle After Another, is the odds-on 1/2 favourite with UK Betting Sites to take home the Best Picture Oscar.
Starring a powerhouse cast of Leonardo DiCaprio, Sean Penn, Benicio Del Toro, rising star Chase Infiniti, and Teyana Taylor, the film tells the haunting story of a former revolutionary, Bob (DiCaprio), and his daughter Willa (Infiniti), whose quiet off-the-grid life is shattered when a military figure from their past re-emerges.
The project has already been tipped by critics as a career-best performance from DiCaprio and a potential Oscar breakthrough for Infiniti.
Best Picture 2026 Latest Odds (via William Hill)
| Oscars Best Picture 2026 | Odds | Implied Probability |
|---|---|---|
| One Battle After Another | 1/2 | 66.7% |
| Hamnet | 10/3 | 23.1% |
| Sinners | 8/1 | 11.1% |
| Sentimental Value | 12/1 | 7.7% |
| Marty Supreme | 14/1 | 6.7% |
Close Contender: Hamnet (10/3)
Coming in as the second favourite at 10/3, Hamnet reunites Chloé Zhao, director of Nomadland, with emotionally resonant storytelling.
Paul Mescal and Jessie Buckley star as William Shakespeare and his wife Agnes, mourning the loss of their son, Hamnet, in a period drama that has reportedly left early festival audiences in tears.
If any film is poised to challenge One Battle After Another, it’s Hamnet.
When Are the 2026 Oscars?
The 98th Academy Awards will take place on 15th March 2026, celebrating the best in film released throughout 2025.
Nominations will be announced in January 2026.
Conan O’Brien will return to host after doing so in 2025.
Where to Bet on the Oscars
For those wanting to have a flutter on Oscars betting specials, William Hill and other top entertainment betting sites continue to offer competitive odds and specials on all major awards.
💰 New Customer Offer (via William Hill):
Bet £10, Get £30 in Free Bets



