The 92nd annual Academy Awards is on Sunday. And yes, you can bet on it. Available to movie fans in New Jersey and Indiana, DraftKings Sportsbook is giving you the opportunity to bet on the winners of each category. In addition, they are offering 10-to-1 odds (or a $100 payout on a $10 bet) for new users who correctly guess the Best Picture winner.

This is an absolute steal of an opportunity for people looking to bet on the Oscars for the first time.

Let’s explore what you can bet on, and how to get the most value by betting on the Academy Awards with DraftKings.

How to Win $100 on Best Picture from DraftKings Sportsbook

For the second year in a row, DraftKings Sportsbook is rolling out a huge odds boost on the Best Picture winner, if you’re a new bettor with them.

While DraftKings’ online betting app is available in several states, only regulators in New Jersey and Indiana will allow them to accept bets on the Oscars– since they have a predetermined outcome.

For players in those states, DraftKings is giving you the opportunity to win $100 on a $10 bet if you correctly select Best Picture. This is otherwise known as +1000 odds. Here’s how to get the bonus:

  • Step 1: Click his link here
  • Step 2: You’ll be taken to a landing page that says “Bet Now.” Click that link and sign up for a sports betting account with DraftKings.
  • Step 3: You will lock in your 10-to-1 odds when you bet on the Best Picture winner.

There is no promo code required for this offer. You simply must click the link.

DraftKings’ 10-1 Oscars betting promo is just the latest in a series of aggressive odds boosts offered up by online sportsbooks to entice new customers to come in and bet.

While the Super Bowl just ended (undoubtedly the biggest betting day for all online betting apps), other events throughout the spring and summer will represent a huge opportunity to bring fans of other sports and entertainment options into the fold and get them to experience the thrill of betting with DraftKings.

The Academy Awards represent a huge opportunity for movie fans and other demographics – namely women – to sign up for a betting account.

Last year, DraftKings actually offered 100-1 odds on the Oscars. They’ve scaled it back this year, but it’s still a good offer.

Other betting apps, like BetMGM which recently offered 200-1 odds on the Super Bowl to entice new players to try out their app, have ran offers like this before.


What Oscars Categories Can You Bet on at DraftKings?

DraftKings has odds for all of the major Academy Awards categories. By far the most wagered on will be Best Picture, along with Best Actress and Best Actor.

We’ve put together a full Oscar’s betting guide, but if you’d like to get $100 from DraftKings, make sure you click the link and sign up. And enjoy the show.