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October 19, 2019 | Empowerment

Anyone out there have action on”Green Book” to win Best Picture in Sunday night’s 91st Academy awards presentation? If you reside in Nevada, odds are you do not — unless you bet overseas. No Nevada casino has sought permission to take wagers from the Oscars, although state regulations offer a pathway for this. Meanwhile in New Jersey, where the state is giddily enjoying its new toy, legalized sports gambling, 12 casinos are taking wagers on the Academy Awards masterpiece of classes. Whether Oscar gambling is powerful enough to become an yearly New Jersey staple and if Nevada sportsbooks would attempt taking those stakes are available questions. The fact is there is hardly any value to bettors taking action on Oscar wins. Most New Jersey Oscar gambling is money-line activity, meaning the casual bettor who not wagers online sports might require a little instruction before throwing their money down. Additionally, it isn’t helpful that in many categories there are overwhelming favorites to win. Take Greatest Picture for example. The overwhelming favorite is”Roma,” a play written, directed and created by Best Director nominee Alfonso Cuaron, place in the Colonia Roma district of Mexico City. In the middle of this week, the greatest odds for customers in New Jersey were provided by PlayMGM, which had”Roma” at -375. That means a $10 bet on”Roma” would win the $10 back and roughly $2.67. But in the event that you boldly predict”Green Book” in an upset at +450 in DraftKings, that $10 bet would win the $10, plus $45. “The Favourite” is definitely not the favorite, heading out in +1600 at several books. The longshot for Best Picture is”Vice,” at +10000 at six places. If you put $10 on”Vice” to acquire and it comes in, you would find the $10, plus $1,000. The maximum odds on the plank at the six Big groups was +12500 at William Hill and Hard Rock Atlantic City to get Willem Dafoe to win Best Actor in”At Eternity’s Gate.” That’s $10 for a gain of $1,250. By the way, of those 12 sportsbooks taking stakes on Oscar results, five are taking action on each class. A handful are taking bets on the so-called”big six” — Best Picture, Best Director, Best Actor, Best Actress, Best Supporting Actor and Best Supporting Actress. Some are just taking bets on Best Picture. It is clear that the belief that the huge favorites being destined to triumph will keep potential bettors away. Oscar betting could be more compelling if there were several films that struck a chord with movie-goers. And, Las Vegas’ closeness to Hollywood can also generate interest. Former state Gaming Control Board Chairwoman Becky Harris explained that regulators opened the doorway to wagering on the Oscars and other award shows last year, but no sportsbook has stepped up to try it. Under present policy, a bookmaker would have to make a formal request of the board for consideration at least 30 days in advance of this occasion. That would give board investigators the opportunity to vet the whole process of how a winner is selected, how votes are tallied and where that info is stored. Show producers don’t have to share this information with researchers, a potential roadblock to novels if organizers do not want the public gambling on their own awards. “It’s a matter of who has access to the data and how that information is shared,” Harris said. “The applicant has to prove there is integrity in the process as we have to assure the people that an occasion is fair, fair and open.” The 2017 fiasco involving”La La Land” manufacturers being called to the stage for Best Picture just to find out the”Moonlight” was the actual winner didn’t do a lot for confidence in the process. The novels no doubt will be waiting to hear about New Jersey’s results to see if it’s something which should be tried in Nevada. Read more: http://midriks.com/los-angeles-lakers/

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