The 96th annual Academy Awards are set to take place this Sunday, with more than just the stars having something on the line. Betting on the Oscars has become increasingly popular and accessible in seven states, with Ontario even allowing bets on aspects like Jimmy Kimmel's monologue and Margot Robbie's red carpet look. Additionally, there are numerous casual Oscars pools among friends and colleagues.
While the exact amount of money expected to be wagered isn't publicly available, it's anticipated to be closer to the sum bet on a regular season NBA game rather than the Super Bowl. This year, the Oscars are expected to attract more speculators due to the success of box office hits like 'Barbie' and 'Oppenheimer.'