Tonight, millions of people around the U.S. and around the world will tune in to watch the 94th Academy Awards ceremony take place in the Dolby Theatre in Hollywood, California.

When people think of betting, sports is the first thing that comes to mind. But the Oscars is one of the most popular non-sports events to generate betting interest, partly due to the fact that odds can help give an idea of how things are going to play out.

If you look at 2022 Academy Awards odds, you will see that things look rather favorable for Will Smith and Jessica Chastain to take home “Best Actor” and “Best Actress” tonight, while “CODA”, “Dune”, and “The Power of the Dog” could pick up big prizes as well.

Below, we take a look at odds for some of the most notable awards that will be handed out at this evening’s Academy Awards ceremony.

But first, how can you bet on Best Actor, Best Actress, Best Picture, and more? Of our recommended sportsbooks, FanDuel Sportsbook is the place to bet on the Oscars. All of the odds listed below are from FanDuel, and if you are a new user there, there are a number of betting promos and bonuses you can take advantage of tonight and beyond.

2022 Academy Awards Odds

Best Picture

• CODA -160
• The Power of the Dog +110
• Belfast +1600
• Dune +2800
• King Richard +2800

Best Directori

• Jane Campion (The Power of the Dog) -2400
• Paul Thomas Anderson (Licorice Pizza) +2300
• Steven Spielberg (West Side Story) +2300
• Kenneth Branagh (Belfast) +2300
• Ryusuke Hamaguchi (Drive My Car) +2900

Best Actor

• Will Smith (King Richard) -600
• Benedict Cumberbatch (The Power of the Dog) +650
• Andrew Garfield (Tick, Tick… Boom!) +1100
• Denzel Washington (The Tragedy of Macbeth) +3100
• Javier Bardem (Being the Ricardos) +4800

Best Actress

• Jessica Chastain (The Eyes of Tammy Faye) -160
• Penelope Cruz (Parallel Mothers) +270
• Nicole Kidman (Being the Ricardos) +600
• Kristen Stewart (Spencer) +850
• Olivia Colman (The Lost Daughter) +1100

Best Supporting Actor

• Troy Kotsur (CODA) -480
• Kodi Smit-McPhee (The Power of the Dog) +410
• Jesse Plemons (The Power of the Dog) +2500
• Ciaran Hinds (Belfast) +2900
• J.K. Simmons (Being the Ricardos) +4200