#oscars-betting

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Media industry
fromThe Verge
20 hours ago

Prediction markets want the Oscars to be your gateway drug to betting on everything

Prediction market platforms like Kalshi are normalizing gambling on entertainment awards by partnering with established media institutions like Rotten Tomatoes, potentially distorting public understanding of how cultural institutions operate.
fromESPN.com
3 days ago

Best Actor, Best Picture and ... Best Casting? Your guide to betting on the Academy Awards

DraftKings Sportsbook director Johnny Avello said last year that his trading team relies on trade publications like GoldDerby, which specializes in tracking and predicting entertainment awards shows, to make the odds for the Oscars. He told ESPN ahead of this year's ceremony that one added factor is the continued emergence of prediction markets, which are perhaps more in tune with non-sports-related wagering and rely more closely on the movement of markets.
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