Bettors on Polymarket Decide ‘Anora’ to Win Greatest Image on the Oscars

• The 97th Academy Awards will premiere on Sunday.
• Prediction markets are selecting “Anora” will win Greatest Image.
• Polymarket accurately predicted Donald Trump’s 2024 presidential election win.

Betters are banking on Sean Baker’s “Anora” to win huge on the 97th Academy Awards.

Hollywood stars will descend upon the Dolby Theatre in Los Angeles on Sunday to attend the Oscars. Emmy Award-winning late-night host Conan O’Brien will host the ceremony. There are 9 movies nominated for Greatest Image this 12 months, together with “The Substance,” “Dune: Half Two,” “Depraved,” and “Emilia Pérez.”

Prediction markets have prompt that “Anora,” starring Mikey Madison, will take house the prize.

Prediction markets permit individuals to buy and promote contracts primarily based on the projected end result of a selected occasion.

Occasions could possibly be something from each day climate predictions to who will win the 2024 US presidential election. Prediction markets like Polymarket and Kalshi accurately signaled Donald Trump’s victory over Kamala Harris final November (though they received it improper throughout the 2022 midterms).

On Kalshi, “Anora” is predicted to win at 65% on the time of writing.

Buying a “Sure” contract on Kalshi prices 65 cents, whereas a “No” contract prices 37 cents.

Customers positioned comparable bets on Polymarket, the place “Anora” is anticipated to win the award at 65%. On Polymarket, shopping for a “Sure” contract prices 65 cents, whereas a “No” contract prices 36 cents.

“Anora” premiered in 2024 on the 77th Cannes Movie Competition. Since then, the movie and its forged have snagged a number of awards. Madison gained a BAFTA award for Greatest Main Actress.

Each prediction markets positioned political thriller “Conclave” and “The Brutalist” behind “Anora.”

Supporters of prediction markets consider they are often extra correct than conventional polls as a result of they’re faster to adapt to new data and customers are immediately invested within the end result.

Robinhood CEO Vlad Tenev mentioned on an episode of The New York Occasions podcast, “Exhausting Fork,” final month that prediction markets are “the long run.”

Representatives for FilmNation Leisure, which produced “Anora,” didn’t instantly reply to a request for remark from Enterprise Insider.