Oscars 2026 Best Picture Odds: Hamnet Moves Into Favourite Following Trailer Release

Historical drama Hamnet has emerged as the new 3/1 favourite to win Best Picture at the 2026 Oscars, overtaking Sentimental Value and After the Hunt in the latest William Hill betting odds.
Oscars 2026 Best Picture Odds: Hamnet Moves Into Favourite Following Trailer Release
Jake Ashton
Jake Ashton - Your Betting Odds Guide 👍

I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.

  • Hamnet now leads the Oscars Best Picture odds at 3/1.
  • Sentimental Value and After the Hunt remain in contention.
  • Horror film Sinners could be the surprise package of the year.

Hamnet now 3/1 Favourite for Best Picture

The race for the Best Picture award at the 2026 Oscars has a new frontrunner, with historical drama Hamnet now heading the market with UK Betting Sites at 3/1.

The film, adapted from Maggie O’Farrell’s bestselling novel, tells the story of Agnes Shakespeare, wife of William, as she struggles with the loss of their 11-year-old son, Hamnet. 

Its emotional depth and prestige pedigree make it the kind of period drama Academy voters traditionally reward.

Director Chloe Zhao has previously won Best Director and Best Picture for her movie Nomadland back in 2021 and could well be on to do the same at the upcoming Oscars.

William Hill's latest betting market now gives a 25% implied probability that Hamnet wins the award next year.

Latest Oscars 2026 Best Picture Winner Odds

Oscars 2026 Best Picture WinnerOddsProbability
Hamnet3/125.0%
Sentimental Value6/114.3%
After the Hunt9/110.0%
The Ballad of a Small Player9/110.0%
Sinners9/110.0%

Hamnet Captures Academy Momentum

Early critical reactions suggest Hamnet could be the type of prestige historical drama that sweeps through awards season. 

With themes of love, grief, and legacy tied to the Shakespearean story, bookmakers have moved the film into outright favourite status, cutting its price from 7/1 last month to just 3/1 now.

What the expert says...
With Hamnet emerging as the favourite, we’re seeing a clear narrative forming around historical, emotionally resonant stories taking hold this year. While Sentimental Value and After the Hunt have momentum, Hamnet feels like the type of film Academy voters won’t be able to resist.

Jake Ashton - Entertainment Betting Expert - OLBG.com

Sentimental Value (6/1): A heartfelt comedy-drama that has picked up strong buzz from festival screenings, appealing to voters looking for lighter but still meaningful fare. After the Hunt (9/1): The Andrew Garfield and Julia Roberts thriller was once jo

  • Sentimental Value (6/1): A heartfelt comedy-drama that has picked up strong buzz from festival screenings, appealing to voters looking for lighter but still meaningful fare.
  • After the Hunt (9/1): The Andrew Garfield and Julia Roberts thriller was once joint-favourite but has drifted slightly in the market as attention shifts toward Hamnet.
  • The Ballad of a Small Player (9/1): This adaptation of Lawrence Osborne’s novel could emerge as a dark horse with its blend of noir and high drama.
  • Sinners (9/1): A psychological horror that has been tipped to repeat the success of Get Out and The Shape of Water at the Oscars.

Where to Bet on the Oscars

For those looking to place a wager, the best entertainment betting sites have comprehensive Oscars markets, including Best Picture, Best Director, and all acting categories.

UK punters can also take advantage of new free bets and welcome offers from leading UK betting sites such as William Hill, who are pricing up the Oscars 2026 race.

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