On February 24, Hollywood elites and other film professionals gather to celebrate all things cinema for the 91st Academy Awards. The biggest movies of the year move head-to-head vying for top honors, aka a statue which looks like a Ken doll which fell into a vat of matte gold nail polish. Winners are chosen by members of the Academy of Motion Picture Arts and Sciences (AMPAS), an organization comprising approximately 6,000 film industry professionals. Oddsmakers compute Academy Awards gambling odds by determining each nominee’s likelihood of winning their respective class. One of the wonderful things about Oscar betting lines is they often arrive with low juice commission that the sportsbook takes from each bet. Considering that wagering on the Oscars just comes after annually, unlike gambling on soccer, online betting websites provide cheaper lines to provide bettors an incentive. Among the biggest betting opportunities is a wager on Best Picture. But, one of the worst beats at the background of gambling came on February 26, 2017, when Faye Dunaway and Warren Beatty presented the award for Best Picture. For People Who have selected to block this here’s a recap: Dunaway and Beatty announced that La La Land had won the Oscar for Best Picture. Unfortunatly, the actual winner was Moonlight. It was only when the producer of La La Land, Jordan Horowitz, accepted the award which the error was realized. Dunaway and Beatty was handed the incorrect envelope — the one containing the results for Best Actress, which had been given to Emma Stone. It was a huge upset, and of course it was an awkward moment could be an understatement. La La Land was the heavy favorite and bettors believed they would be collecting their winnings after Bonnie and Clyde declared Best Picture. Unfortunately, those bettors found themselves on the losing side of a bad beat. On the other hand, those who took Moonlight to win Best Picture had it created. Read more here: http://tsllibya.com/?p=17983