Special to Outkick The Coverage from OddsShark.com
The 88th Academy Awards are just 5 days away, and this looks to be the year that Leonardo DiCaprio will finally win his first Oscar for Best Actor.
DiCaprio is a massive -5000 favorite (bet $5,000 to win $100) to take home the Oscar for his leading role in The Revenant, which is also up for Best Picture.
And The Revenant is now the top choice to win that Oscar at -163, with Spotlight at +188 and The Big Short at +450. The other five movies up for Best Picture are all sitting at odds of +10000 or greater.
Overall, The Revenant received the most Oscar nominations with 12, and Alejandro G. Inarritu is also the -600 favorite to win Best Director for the second year in a row. Inarritu is best known for his work on Birdman, which won him three Academy Awards for Best Director, Best Original Screenplay and Best Picture in 2015.
Inarritu’s main competition for Best Director this year figures to come from George Miller (+550 for Mad Max: Fury Road) and Adam McKay (+1000 for The Big Short).
However, DiCaprio is the biggest favorite in any major category, as he is looking to accomplish something that would be a crowning achievement for his acting career. He has previously been nominated for Best Actor in The Aviator, Blood Diamond and The Wolf of Wall Street.
DiCaprio has won Golden Globes for Best Actor — Motion Picture Drama in The Aviator, The Wolf of Wall Street and The Revenant.
Other nominees include Michael Fassbender (+2000 for Steve Jobs), Eddie Redmayne (+1600 for The Danish Girl), Matt Damon (+8000 for The Martian) and Bryan Cranston (+6600 for Trumbo).
Best Actress is a slightly more competitive award but still has a heavy favorite in Brie Larson, who is -2000 for The Room. Like DiCaprio, the 26-year-old Larson has already won a Golden Globe for her performance, and this would be her first Oscar as well.
Challenging her for the Academy Award are Saorise Ronan (+1000 for Brooklyn), Cate Blanchett (+2800 for Carol), Jennifer Lawrence (+2800 for Joy) and Charlotte Rampling (+5000 for 45 Years).