"And the winner is..."

With the Academy Awards approaching millions of movie buffs are waiting patiently to see who will walk out of the Kodak Theater with a golden statue. Although, if you want to spice things up and you think you know who the winners are going to be then you can bet on them. According to Centrebet, a website where you can place bets, The Aviator, Jamie Foxx and Hillary Swank are the favorites to win the prestigious Best Picture, Best Leading Actor and Best Leading Actress respectively.

According TradeSpors.com, The Aviator has a 62% chance of winning the Best Picture Award. Hillary Swank has a 65% chance of winning the Best Leading Actress award and Jamie Foxx is projected to win with 86% chance over Leonardo DiCaprio who has only a 10% chance of winning the Oscar.

Bets on these categories don’t really pay much because the odds really favor these three. A bet only pays 1 dollar for every 4 you put on Jamie Foxx and 4 for every 7 you bet on the Aviator. If I had to guess, the best-paying reasonable bet on one of these three categories would be on Million Dollar Baby. Why? First, Clint Eastwood is the Director. He is a crowd and academy favorite while Scorsese seems not to be, since he has been nominated for six previous Academy Awards and has never won. Second, Hillary Swank is projected to win the Best Leading Actress award and that always helps. Finally, I personally rated Million Dollar Baby better than The Aviator. So... let the bets begin!