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- Christopher Nolan's The Odyssey is a heavy favourite for Best Picture at the 99th Academy Awards, with William Hill pricing it at 1/2 as its market share dwarfs the rest of the field.
- Project Hail Mary sits as the clearest alternative at 6/1, with Dune: Part Three next in the betting at 8/1.
- Four films, The Debut, The Social Reckoning, Fjord and The Black Ball, are all currently priced at 14/1 or bigger as the outsiders of a nine-strong market.
The Odyssey Sets The Early Pace
The Odyssey is a heavy favourite to win Best Picture at the 99th Academy Awards, with bookmakers installing Christopher Nolan's mythological epic as the clear pacesetter well ahead of the rest of the field.
William Hill has the film at 1/2, a price that leaves very little doubt about where the market currently expects the trophy to end up come ceremony night.
Whether that early confidence holds up once the rest of this year's contenders have had a proper chance to make their case remains to be seen, but for now, this looks about as close to a one-horse race as Best Picture markets tend to get.
Awards season tends to bring plenty of twists between an early market leader and the eventual winner, and with a genuinely varied field of nine films still in the conversation, there's no shortage of alternatives waiting for their moment if The Odyssey's position starts to soften at all.
Latest Odds: The Odyssey Clear Of The Rest
With nine films currently in the market, the gap between The Odyssey and everything else is the standout feature of the entire board.
| Oscars 2027 Best Picture | Odds | Implied Probability |
|---|---|---|
| The Odyssey | 1/2 | 66.7% |
| Project Hail Mary | 6/1 | 14.3% |
| Dune: Part Three | 8/1 | 11.1% |
| Wild Horse Nine | 12/1 | 7.7% |
| Digger | 12/1 | 7.7% |
| The Black Ball | 14/1 | 6.7% |
| Fjord | 16/1 | 5.9% |
| The Debut | 20/1 | 4.8% |
| The Social Reckoning | 20/1 | 4.8% |
The Odyssey's implied probability of 66.7% is by some distance the standout figure of this year's early market, dwarfing Project Hail Mary's 14.3% in second and Dune: Part Three's 11.1% in third.
Field Stacked With Huge Contenders
Behind The Odyssey sits a notably starry chasing pack, led by Project Hail Mary, the big-screen adaptation of Andy Weir's bestselling novel, and Dune: Part Three, Denis Villeneuve's conclusion to his sweeping sci-fi trilogy.
Both films arrive with the kind of pedigree and audience anticipation that regularly translates into awards season attention, even from a starting position some way back in the market.
Further down the field, a run of less familiar titles, Wild Horse Nine, Digger, The Black Ball, Fjord, The Debut and The Social Reckoning, round out the nine films currently being priced.
None of that group has yet had the chance to build the same level of public awareness as the three names above them, but Best Picture races have a long history of being reshaped by a smaller title that catches fire on the festival circuit, so their current prices are unlikely to be the last word on any of them.
What the expert says...
Where To Bet On The 99th Academy Awards
For those looking to get involved in the market, William Hill is offering prices on all nine films, and you can find out more via the William Hill review on OLBG.
New customers can also take advantage of William Hill's latest sign-up offer:
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With awards season still very much in its early stages, it's worth comparing prices across a range of betting sites, since odds on Best Picture markets like this one tend to shift considerably as reviews, festival buzz and campaign momentum build over the coming months.
