All bets on Brokeback
2006-02-26 14:38
Los Angeles - All bets are on the gay cowboy romance Brokeback Mountain galloping to victory at the Oscars, betting odds showed, as the film romps into next week's show armed with a leading eight nominations.
Taiwan-born director Ang Lee's aching story of forbidden love is the clear favourite to win the best picture Oscar four weeks after it first left its competition in the dust when the Academy Awards nods were unveiled.
Pundits wagering with online bookmakers have also pegged Lee to win the best director statuette, with Walk the Line star Reese Witherspoon and Capote's Philip Seymour Hoffman hotly tipped as favourites for the best actor gongs.
"It's clearly the favourite, and we'd be surprised if it didn't win," said Patrick Erlich of the Canada-based online betting website Sportsbook, which said Brokeback was the 1/9 favourite to win the top award on March 5.
The odds mean that its chances are so strong that a one-dollar bet would generate a profit of only 11 cents on the original investment.
Top British bookie William Hill gave the controversial movie 1/6 odds for best picture in a year in which a record number of punters are expected to lay wagers, while Britain's Readabet gave it 1/7 odds.
Trailing behind Brokeback, which stars Heath Ledger and Jake Gyllenhaal as the star-crossed lovers, is the racially charged movie Crash.
Sportsbook gave Paul Haggis's drama 5/2 odds - a return of $2.5 for each dollar wagered - while Bennett Miller's Capote and George Clooney's Good Night, and Good Luck were next, both with 15/1 odds.
The last film in the best picture lineup - Steven Spielberg's big-budget drama Munich, based on the events following the murder of Israeli athletes at the 1972 Olympics - trailed the pack with 20/1 odds on its victory.
"We take into account permanent industry buzz and other awards shows, and also look at what the actual betting trends are," Erlich told AFP.
British betting giant Ladbrokes showed a similar trend, which gave Brokeback 1/5 odds, while Crash came in at 4.5/1.
Sportsbook placed 1/5 odds on Hoffman, who convincingly played eccentric US author Truman Capote, winning the best actor Academy Award, and 1/6 odds on Witherspoon, 29, taking the matching award for a leading actress.
Witherspoon's chances of winning were pegged at 1/6 by William Hill, 2/7 by Ladbrokes and 1/4 by Betfair and Pinnacle Sports.
Joaquin Phoenix, who played singer Johnny Cash in Walk the Line, lagged behind Hoffman, with 3/1 odds on his victory, followed by Ledger at 6/1 and Hustle and Flow star Terrence Howard at 8/1, according to Sportsbook.
But David Strathairn, who played broadcaster Edward Murrow in Good Night, was the "outsider," according to Sportsbook, with punters liable to reap 35 dollars for each dollar bet if he wins.
Many other online bookies, however, gave Ledger next-best odds after Hoffman for winning the best actor award, including Britain's Readabet, which gave the Aussie actor 1/6 odds compared with Hoffman's 1/7.
Punters reckon that Witherspoon's closest competition is Felicity Huffman, who movingly played a transsexual in Transamerica.
Huffman's odds at Sportsbook were 12/5, followed by <i>Pride and Prejudice's Keira Knightley at 28/1, Judi Dench of Mrs Henderson Presents at 30/1 and Charlize Theron of North Country at 32/1.
Among the directors, Sportsbook gave Lee 1/8 odds on victory, followed distantly by Spielberg at 2.5/1, Clooney at 7/1, Haggis at 25/1 and Miller, the outsider, at 30/1.
All the odds were provided by offshore bookies, as non-sporting bets are banned in the United States.
The odds suggest that this year's Oscars show may hold few dramatic twists, as punter and industry expert predictions have changed little since the nominations were unveiled on January 31.
- SAPA