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2026 Oscars Odds: One Battle After Another Leads Best Picture Race

Kevin Wolff

By Kevin Wolff

Updated:


  • See the latest betting odds for all major awards at the 2026 Oscars
  • One Battle After Another dominates as the Best Picture favorite, with Sinners and Hamnet chasing
  • Learn trends from past Academy Awards to predict the 2026 Oscar winners

The race for the 98th Academy Awards is heating up, and prediction markets have all the 2026 Oscars odds. Paul Thomas Anderson’s One Battle After Another has emerged as the clear Best Picture favorite after dominating the festival circuit, while Timothée Chalamet and Jessie Buckley are favored to win Best Actor and Actress honors.

The Kalshi prediction market tracks real-time Oscars odds leading up to the March 15th, 2026, ceremony. Superstars like Leonardo DiCaprio will be on hand as he seeks his second Oscar, while director Paul Thomas Anderson looks to finally win an Academy Award after 11 previous nominations.

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2026 Oscars odds and implied probabilities from Kalshi prediction market as of March 9th, 2026. Bet on these markets with the Kalshi referral code to get a $10 Sign Up Bonus when you complete $10 in trades. Kalshi is currently unavailable in Illinois, Maryland, Montana, New Jersey, and Ohio.

2026 Oscars Odds – Best Picture

Prediction Markets
Oscars Odds for Best Picture
Learn more about Prediction Markets
Kalshi
One Battle After Another
75%
Sinners
22%
Hamnet
3%
Marty Supreme
2%
Sentimental Value
1%
Wicked: For Good
1%
Bugonia
1%
It Was Just an Accident
1%
No Other Choice
1%
F1
1%
Best Picture ContenderAmerican OddsImplied Probability
One Battle After Another-30075%
Sinners+33523%
Hamnet+32333%
Marty Supreme+99001%
Sentimental Value+99001%
Wicked: For Good+99001%
Bugonia+99001%
It Was Just an Accident+99001%
No Other Choice+99001%
F1+99001%

Paul Thomas Anderson’s One Battle After Another has emerged as the clear frontrunner at 75% odds. The film stars Leonardo DiCaprio as a washed-up revolutionary and could finally deliver Anderson his first Oscar after 11 previous nominations.

Sinners is second at 23% odds, despite Ryan Coogler’s genre film facing typical Academy resistance to horror. Hamnet sits third after winning TIFF’s People’s Choice Award on September 14, 2025, a historically strong Best Picture predictor.

Past Best Picture Winners

Year Winner
2025 Anora
2024 Oppenheimer
2023 Everything Everywhere All at Once
2022 CODA
2021 Nomadland
2020 Parasite
2019 Green Book
2018 The Shape of Water
2017 Moonlight

2026 Oscars Odds – Best Actor

Prediction Markets
Oscars Odds for Best Actor
Learn more about Prediction Markets
Kalshi
Michael B. Jordan
50%
Timothee Chalamet
44%
Leonardo DiCaprio
5%
Wagner Moura
4%
Ethan Hawke
3%
Jeremy Allen White
1%
Dwayne Johnson
1%
Daniel Day-Lewis
1%
Best Actor ContenderAmerican OddsImplied Probability
Michael B. Jordan – Sinners+10050%
Timothée Chalamet – Marty Supreme+12744%
Leonardo DiCaprio – One Battle After Another+19005%
Wanger Moura – The Secret Agent+24004%
Ethan Hawke – Blue Moon+32333%

Michael B. Jordan has overtaken Timothée Chalamet, and now holds a slight lead to win the Oscar’s Best Actor race at 50% (+100) for his lead role in Sinners. Chalamet currently has the second-best odds at 44% (+127) to win the Oscar for Best Actor following his role as table tennis player Marty Mauser in Marty Supreme. Leonardo DiCaprio has the third-best odds at 5% (+1900) following his role as a washed-up revolutionary in One Battle After Another. This would be DiCaprio’s second Oscar for Best Actor after previously winning the award for his role in The Revenant.

Past Best Actor Winners

Year Winner Film
2025 Adrien Brody The Brutalist
2024 Cillian Murphy Oppenheimer
2023 Brendan Fraser The Whale
2022 Will Smith King Richard
2021 Anthony Hopkins The Father
2020 Joaquin Phoenix Joker
2019 Rami Malek Bohemian Rhapsody
2018 Gary Oldman Darkest Hour
2017 Casey Affleck Manchester by the Sea

2026 Oscars Odds – Best Actress

Prediction Markets
Oscars Odds for Best Actress
Learn more about Prediction Markets
Kalshi
Jessie Buckley
94%
Emma Stone
2%
Rose Byrne
2%
Sydney Sweeney
1%
Kate Hudson
1%
Best Actress ContenderAmerican OddsImplied Probability
Jessie Buckley – Hamnet-156794%
Rose Byrne – If I Had Legs I’d Kick You+49002%
Emma Stone – Bugonia+49002%
Kate Hudson – Song Sung Blue+99001%
Renate Reinsve – Sentimental Value+99001%

Jessie Buckley dominates the Best Actress race at 94% (-1567) for her role starring as Agnes Shakespeare in Hamnet.

Rose Byrne trails at 2% (+4900) following her role in If I Had Legs I’d Kick You. Emma Stone also holds 2% (+4900) odds after starring in Bugonia.

Past Best Actress Winners

Year Winner Film
2025 Mikey Madison Anora
2024 Emma Stone Poor Things
2023 Michelle Yeoh Everything Everywhere All at Once
2022 Jessica Chastain The Eyes of Tammy Faye
2021 Frances McDormand Nomadland
2020 Renée Zellweger Judy
2019 Olivia Colman The Favourite
2018 Frances McDormand Three Billboards Outside Ebbing, Missouri
2017 Emma Stone La La Land

2026 Oscars Odds – Best Director

Prediction Markets
Oscars Odds for Best Director
Learn more about Prediction Markets
Kalshi
Paul Thomas Anderson
90%
Ryan Coogler
9%
Chloe Zhao
2%
Joachim Trier
1%
Josh Safdie
1%
Best Director ContenderAmerican OddsImplied Probability
Paul Thomas Anderson – One Battle After Another-90090%
Ryan Coogler – Sinners+10119%
Chloé Zhao – Hamnet+49002%
Joachim Trier – Sentimental Value+99001%
Josh Safdie – Marty Supreme+99001%

Paul Thomas Anderson leads the Best Director race at 90% (-900) odds for One Battle After Another. After 11 previous nominations without a win, this could finally be his year.

After initially appearing as a true contender in the prediction markets, Joachim Trier has fallen to 1% for his role directing Sentimental Value, which won the Cannes Grand Prix on May 24. Ryan Coogler holds a 9% chance (+1011 odds) while Chloé Zhao has 2% (+4900) odds following strong TIFF showings.

Past Best Director Winners

Year Winner Film
2025 Sean Baker Anora
2024 Christopher Nolan Oppenheimer
2023 Daniel Kwan and Daniel Scheinert Everything Everywhere All at Once
2022 Jane Campion The Power of the Dog
2021 Chloé Zhao Nomadland
2020 Bong Joon-ho Parasite
2019 Alfonso Cuarón Roma
2018 Guillermo del Toro The Shape of Water
2017 Damien Chazelle La La Land

2026 Oscars Odds – Best Supporting Actor

Prediction Markets
Oscars Odds for Best Supporting Actor
Learn more about Prediction Markets
Kalshi
Sean Penn
70%
Stellan Skarsgard
21%
Delroy Lindo
10%
Jacob Elordi
2%
Benicio del Toro
2%
Best Supporting Actor ContenderAmerican OddsImplied Probability
Sean Penn – One Battle After Another-23370%
Stellan Skarsgard – Sentimental Value+37621%
Delroy Lindo – Sinners+90010%
Jacob Elordi – Frankenstein+49002%
Benicio del Toro – One Battle After Another+49002%

Sean Penn is the current favorite to win the Oscar for Best Supporting Actor after his role in One Battle After Another at 70% (-233). Behind him in the prediction markets at 21% (+376) is Stellan Skarsgard, who featured in Sentimental Value, and Delroy Kindo at 8% (+1150), who featured in Sinners.

Past Best Supporting Actor Winners

YearWinnerFilm
2025Kieran CulkinA Real Pain
2024Robert Downey Jr.Oppenheimer
2023Ke Huy QuanEverything Everywhere All at Once
2022Troy KotsurCODA
2021Daniel KaluuyaJudas and the Black Messiah
2020Brad PittOnce Upon a Time in Hollywood
2019Mahershala AliGreen Book
2018Sam RockwellThree Billboards Outside Ebbing, Missouri
2017Mahershala AliMoonlight

2026 Oscars Odds – Best Supporting Actress

Prediction Markets
Oscars Odds for Best Supporting Actress
Learn more about Prediction Markets
Kalshi
Amy Madigan
45%
Teyana Taylor
30%
Wunmi Mosaku
24%
Inga Ibsdotter Lilleaas
4%
Elle Fanning
2%
Best Supporting Actress ContenderAmerican OddsImplied Probability
Amy Madigan – Weapons+12245%
Teyana Taylor – One Battle After Another+23330%
Wunmi Mosaku – Sinners+31724%
Inga Ibsotter Lilleaas – Sentimental Value+24004%
Elle Fanning – Sentimental Value+99001%

Prediction markets show Amy Madigan from Weapons with a 45% probability (+122 odds) as the favorite to win the 2026 Oscar for Best Supporting Actress. Behind her in the odds are Teyana Taylor at 30% (+233 odds) for her role in One Battle After Another, as well as Wunmi Mosaku at 24% (+317 odds) for her supporting role in Sinners.

Past Best Supporting Actress Winners

YearWinnerFilm
2025Zoe SaldañaEmilia Pérez
2024Da’Vine Joy RandolphThe Holdovers
2023Jamie Lee CurtisEverything Everywhere All at Once
2022Ariana DeBoseWest Side Story
2021Youn Yuh-jungMinari
2020Laura DernMarriage Story
2019Regina KingIf Beale Street Could Talk
2018Allison JanneyI, Tonya
2017Viola DavisFences

2026 Oscars Odds FAQ

When are the Oscars 2026?

The 2026 Oscars (98th Academy Awards) are scheduled for March 15th, 2026 at 7pm EST.

Where are the 2026 Oscars held?

The 2026 Oscars will be held at the Dolby Theatre in Hollywood, Los Angeles.

How to watch the 2026 Oscars?

The Oscars ceremony will be televised live on ABC and streamed online at ABC.com and the ABC app. A cable subscription or login is required for the digital streams.

Who won Best Picture at last year's Oscars?

Anora took home Best Picture at the 2025 Academy Awards.

Where can I bet on the Oscars in 2026?

The Kalshi prediction market provides realtime Oscars odds across the major categories leading up to the 2026 Academy Awards.


Archived Academy Awards odds:

Kevin Wolff

After years of writing as well as Data Analyst work for Pro Football Focus, Kevin Wolff is now a Sports Betting Writer for SportRadar, and more specifically, SBD. A graduate of Fordham University in NYC, Kevin is also a full-time dog dad when he's not writing.

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