2027 Oscars Best Picture Odds: Top 5 Favorites in the Running
Written by: Jonathan Rodriguez
Published: Thu Oct 22, 2026, 10:00 am ET
Read Time: 9 minutes
Misc.
The race for the 2027 Academy Award for Best Picture is already taking shape, with Christopher Nolan's The Odyssey leading BetOnline's odds. However, the market's biggest surprise is You Can See Everything, which has climbed into the top three following strong reviews and growing online buzz.
According to BetOnline's late-October 2026 Best Picture odds board, The Odyssey leads at 1/1, followed by The Black Ball at 3/1. Meanwhile, You Can See Everything has surged to 4/1 after opening at 25/1 in September. The early prices offer a snapshot of the contenders attracting attention ahead of the 99th Academy Awards.
2027 Oscars Best Picture Odds at BetOnline
Film
Best Picture Odds
The Odyssey
1/1
The Black Ball
3/1
You Can See Everything
4/1
Dune: Part Three
8/1
Wild Horse Nine
22/1
Artificial
40/1
Digger
50/1
The Invite
66/1
The Debut
100/1
I Play Rocky
100/1
Project Hail Mary
125/1
Fjord
125/1
Obsession
150/1
Club Kid
150/1
All of a Sudden
150/1
The Adventures of Cliff Booth
250/1
The Social Reckoning
250/1
Elsinore
250/1
Behemoth!
250/1
The Odyssey (1/1): Best Picture Frontrunner
Christopher Nolan's The Odyssey leads BetOnline's Best Picture market at even money. The film adapts Homer's ancient Greek epic, following Odysseus on his perilous journey home after the Trojan War.
The film has also received strong critical and audience support. Rotten Tomatoes currently lists a 94% critics' score and 96% audience score, with reviewers praising its epic scale, ensemble performances and emotional approach to the classic story.
Some critics have questioned aspects of its pacing and storytelling, but the overall response remains overwhelmingly positive.
That reception strengthens the film's position as an early awards favorite. However, the race remains open, and subsequent awards nominations and industry voting could still shift the market.
The Black Ball (3/1): Closing In at 2nd Place
Spanish drama The Black Ball, also known as La Bola Negra, ranks second at 3/1. Directed by Javier Calvo and Javier Ambrossi, the film connects three men living in different periods of Spanish history. Their stories explore sexuality, desire, suffering and inheritance, drawing inspiration from an unfinished work by Federico García Lorca.
Its critical reception has been strong. Rotten Tomatoes currently gives the film an 86% critics' score and 92% audience score. Reviewers have praised its striking imagery, music and exploration of queer identity across generations, although some have questioned whether its ambitious storytelling fully comes together.
The film's international profile adds another dimension to its awards campaign. It is also attracting attention in the Best International Feature race, making it a contender in more than one category.
Its positive reviews and international appeal help explain why BetOnline places it close behind The Odyssey.
You Can See Everything (4/1): Big Movements, But Does It Mean Success?
The biggest odds movement belongs to You Can See Everything, the documentary about Theranos founder Elizabeth Holmes.
Directed by Nathan Fielder and Lance Oppenheim, the film follows the filmmakers' efforts to document Holmes and examine the stories people construct around themselves.
Its critical reception has been exceptional. Rotten Tomatoes currently lists a 98% critics' score and 98% audience score. Reviewers have praised its unusual filmmaking approach, psychological depth and uncomfortable humor, while some have questioned its nearly three-hour runtime and the ethical complications of documenting such a controversial subject.
According to BetOnline's odds history, the documentary opened at 25/1 on September 10. Its price lengthened to 50/1 about a week later before plunging to 4/1. The move has turned it into one of the most notable stories in the early awards market.
Strong reviews and growing online attention help explain that rise. However, its Best Picture prospects remain unusual because documentaries rarely win the Academy's top prize. Its critical success makes it a serious conversation piece, but the odds still place it behind the two leaders.
Dune: Part Three (8/1): Third Time's the Charm?
Dune: Part Three sits fourth at 8/1, keeping Denis Villeneuve's science-fiction franchise firmly in the early awards conversation. The film continues Paul Atreides' story as he confronts the consequences of his rise to power.
Unlike the other leading contenders, Dune: Part Three does not yet have a substantial public review record. Its position therefore reflects expectations surrounding the franchise rather than a confirmed critical response to this installment.
The earlier films established a reputation for impressive production design, cinematography and large-scale world-building. Whether the third chapter can match that acclaim will become clearer once critics and audiences see it.
At 8/1, BetOnline keeps the film within the leading group. Its eventual awards prospects will depend on the finished film's reception and its performance during the awards season.
Wild Horse Nine (22/1): A Steady Contender
Wild Horse Nine rounds out BetOnline's top five at 22/1. Directed by Martin McDonagh, the dark comedy-thriller stars John Malkovich and Sam Rockwell as CIA agents sent to Easter Island shortly before the 1973 Chilean coup. Their assignment brings buried tensions and political intrigue into an increasingly uneasy setting.
Early reviews have been encouraging. Rotten Tomatoes currently gives the film a 93% critics' score, with reviewers praising McDonagh's sharp dialogue, pitch-black humor and the chemistry between Malkovich and Rockwell. However, a verified audience score is not yet available, so its wider audience reception remains unclear.
That critical response gives Wild Horse Nine a credible early awards case, even though its 22/1 odds put it well behind the front-runners.
Strong reviews could help it gain momentum as more critics' groups announce their selections, but it will need sustained industry support to challenge the leading films.
Other Best Picture Contenders Worth Watching
Several films remain on BetOnline's Best Picture board at longer odds, although their critical reception varies. Digger has received a divided response, while Project Hail Mary and Obsession have earned stronger reviews. The Social Reckoning has drawn a more mixed reaction.
Digger (50/1)
Directed by Alejandro González Iñárritu and starring Tom Cruise, Digger follows a powerful man who tries to present himself as humanity's savior after causing a disaster.
Critics have been split over its ambitious satire, with some praising its bold filmmaking and Cruise's committed performance while others find its humor heavy-handed.
Rotten Tomatoes currently gives the film a 53% critics' score and 76% audience score, suggesting moviegoers have responded more warmly than reviewers.
Project Hail Mary (125/1)
Ryan Gosling stars as Ryland Grace, a science teacher sent into space to investigate a threat to the Sun and save humanity.
Directed by Phil Lord and Christopher Miller, the science-fiction adventure has earned strong reviews for its visual spectacle, humor, emotional storytelling and Gosling's performance.
Rotten Tomatoes lists a 95% critics' score and 95% audience score, making it one of the best-received films among these four contenders.
Obsession (150/1)
Curry Barker's supernatural horror film follows a young man whose wish to make his crush fall in love with him produces disturbing consequences.
Despite its genre focus, Obsession has attracted strong critical and audience support for its unsettling atmosphere, dark humor and inventive approach to romantic fixation.
Rotten Tomatoes currently records a 93% critics' score and 94% audience score. Its reception gives it a strong response within horror, although its long Best Picture odds reflect the challenge of breaking into the Academy's top category with a genre film.
The Social Reckoning (250/1)
Aaron Sorkin's follow-up to The Social Network examines Facebook whistleblower Frances Haugen and the reporting that exposed the company's internal practices.
Critics have recognized its timely subject matter and strong performances, particularly from Mikey Madison, but some have argued that it lacks the sharpness and impact of its predecessor.
Rotten Tomatoes currently gives it a 54% critics' score and 71% audience score, indicating a mixed critical response despite a more favorable audience reception.
For now, Project Hail Mary and Obsession have the strongest review scores of this group, while Digger and The Social Reckoning have faced more critical resistance.
However, favorable reviews alone do not guarantee Best Picture nominations, and BetOnline's odds place all four outside its leading contenders.
Can BetOnline's Favorite Win Best Picture?
For now, The Odyssey has the clearest position in BetOnline's late-October market, with The Black Ball and You Can See Everything providing contrasting challenges.
The former brings international festival recognition, while the latter has made a striking climb from its September opening price.
The odds remain an early snapshot, not a final verdict. As more films build their awards cases, the Best Picture race could change considerably before the 2027 Oscars.
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Jonathan Rodriguez
Jonathan is an avid basketball fan, and is often looking forward to the next upcoming NBA season when not checking players' stats during games. He also likes to keep his ears on the ground for the latest rumblings in the online casino industry.
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