I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Timothée Chalamet is 1/5 favourite to win Best Actor at the 98th Oscars.
- Leonardo DiCaprio sits second in the betting at 11/2.
- Chalamet has dominated awards season momentum heading into the ceremony.
Chalamet Odds-On for Oscar Glory
UK betting sites continue to price Timothée Chalamet as the overwhelming favourite to land Best Actor at next month’s 98th Academy Awards, with bet365 offering just 1/5 on the Dune star claiming the prestigious accolade.
The 1/5 price makes Chalamet a heavy odds-on market leader, reflecting his dominance throughout this year’s awards season.
From early critics’ prizes to major televised ceremonies, momentum has firmly swung his way.
According to bet365's latest odds, the gap between Chalamet and the chasing pack remains significant, suggesting bookmakers see this as one of the clearest acting races of the night.
With the Oscars fast approaching, the Best Actor market appears to be stabilising but as history has shown Academy surprises are never entirely off the table.
Best Actor – 98th Academy Awards Odds
| Actor | Film | Odds | Implied Probability |
|---|---|---|---|
| Timothée Chalamet | Marty Supreme | 1/5 | 83.3% |
| Leonardo DiCaprio | One Battle After Another | 11/2 | 15.4% |
| Wagner Moura | The Secret Agent | 8/1 | 11.1% |
| Michael B. Jordan | Sinners | 16/1 | 5.9% |
| Ethan Hawke | Blue Moon | 25/1 | 3.8% |
Chalamet’s implied probability of 83.3% underlines just how strongly the market favours him.
Leonardo DiCaprio, priced at 11/2, is the nearest challenger but remains a significant outsider in comparison.
Awards Season Momentum Driving Market
Oscar betting markets are heavily influenced by precursor awards including the Golden Globes, BAFTAs and Screen Actors Guild Awards and Chalamet’s strong showing throughout the season has cemented his status at the top of the market.
His performance in Marty Supreme has been widely praised by critics, with many tipping it as a career-defining role.
Meanwhile, DiCaprio’s performance in One Battle After Another has drawn acclaim, but the 11/2 price suggests bookmakers believe he would need a late surge in Academy support to mount a serious challenge.
Wagner Moura at 8/1 represents the only other single-figure contender, while Michael B. Jordan (16/1) and Ethan Hawke (25/1) are seen as long shots.
Can DiCaprio Close the Gap?
Leonardo DiCaprio’s 11/2 price implies a 15.4% chance of victory which is not insignificant, but clearly second-tier in market confidence.
Academy voters have shown a willingness in recent years to reward transformative performances or overdue recognition narratives.
DiCaprio, already an Oscar winner, would likely need a groundswell of industry backing to overturn Chalamet’s dominance.
For bettors searching for value on best entertainment betting sites, the question becomes whether 1/5 still offers any appeal, or whether the risk-reward equation favours backing a challenger at bigger prices.
At this stage, the market suggests a formality — but Oscars betting has a habit of tightening in the final fortnight.
