The realm of entertainment betting odds covers a wide variety of gambling options that can include awards shows, reality TV, competition shows, death matchups, and at times can include political betting. Because domestic sportsbooks have been slow to adopt entertainment odds as a part of their arsenal, offshore sportsbooks sites that cater to USA patrons are currently the best option for USA bettors to participate.
Our guide to the best USA entertainment betting sites is your one-stop-shop for the top sportsbooks offering lines featuring awards show and reality TV odds. We’ll provide clear guidance on the legalities involved, explain how the odds work, and deliver strategies that will protect your bankroll and maximize your betting potential.
Bovada – #1 Entertainment Betting Site
For Reality Show & Awards Show Odds
There are several entertainment betting sites that have made the grade and earned a spot on our list, but only one can claim the top spot, and that designation belongs to Bovada. They have the largest variety of entertainment betting lines, including prop bets, and futures, and they are fully authorized to offer their services to US clientele.
Bovada provides 24/7 customer service, a huge variety of banking options, a history of timely and accurate payouts, and generous bonus offers that can instantly enhance any bankroll. Bovada also puts the customer first with data privacy and encryption technologies that ensure speedy and secure transactions.
Is Entertainment Betting Legal?
Yes, but since domestic sportsbooks have been hesitant to include entertainment odds amongst their betting options, offshore sportsbook sites are the best avenue for entertainment gamblers in the USA. These international entertainment betting sites can take bets from USA-based customers because there are no federal laws in place that prohibit the activity.
How To Bet On Entertainment Odds
Since entertainment odds are exclusive to international sportsbooks, bettors will need to register with a top betting site that is featured in the table above. Click the join button at the top of the home page and enter the required personal data to get the ball rolling on registration.
After personal details have been entered, the next stop will be funding options. The full spectrum of options as well as deposit match bonuses are detailed in sections below.
Once your account is funded, make your way to the sportsbook section of the betting site and locate the entertainment tab. Inside, you’ll find the latest odds on reality television shows, awards ceremonies like the Oscars, and much more.
Entertainment Odds On Awards Shows
Academy Awards – Arguably the most watched and most wagered upon award show is the Academy Awards. Each year, entertainment sportsbooks post Academy Awards prop bets and other related Oscar odds for each of the main event categories for the top films, actors, directors, and music. Betting information can be culled from the year’s prior film-related awards shows as it is the final ceremony of the film awards season.
Emmy Awards – Emmys are awarded to the top performers of the year in various categories regarding television programming. Betting on the Emmys covers a majority of the broadcast arts outside of the realm of theatrical films and music.
Grammy Awards – The pop music industry’s biggest stars turn up for the red carpet for a celebration of the year’s top recording achievements. Betting odds on Emmy winners usually appear at USA sportsbooks within a few weeks of the event.
Golden Globe Awards – Considered the second most important film awards show, betting on the Golden Globes can act as a precursor to the eventual Oscar results. The Golden Globe winners are selected by the Hollywood Foreign Press so the results are often unpredictable – and profitable if you can select the correct underdog winner.
Razzie Awards – The Golden Raspberry Awards celebrate futility in filmmaking, awarding accolades upon the year’s lousiest performances. The Razzies were created with comedy in mind, but the payouts that can be earned by betting on Razzie odds are no joke.
BAFTA Awards – The British Academy Film Awards are the British equivalent of the Oscars and the Emmys all rolled into one. BAFTA betting lines are a recent development, further indicating the continued growth of award show odds.
Screen Actors Guild Awards – These awards celebrate actors across the mediums of film and television and have been solid predictors of Academy Award winners for acting in the past.
Types of Entertainment Prop Bets Available Online
Most often, entertainment betting lines are presented as props, or proposition bets. These types of bets can offer odds on yes or no outcomes, but can also feature a list of contenders with money line odds placed next to each that determines their chances of winning.
Below is an example of a yes or no style of entertainment betting line.
Will Billie Eilish’s “No Time To Die” Win The Oscar For Best Original Song?
- No -120
- Yes +150
The above line asking if “No Time To Die” will win the Oscar for best original song has “no” favored at -120, and “yes” listed as the underdog choice with +150 money line odds.
The money line odds indicate the chance that each outcome has at being successful (-120 = 55%, +150 = 40%), and also reveals the amount of money that can be won vs. the amount that bettor risks.
$120 is required to earn $100 on -120 odds, while $100 placed on +150 moneyline odds will earn $150.
Below is an example of an entertainment betting line that features multiple options.
Best Director Winner- 93rd Academy Awards
- David Fincher - Mank -200
- Steven Spielberg - West Side Story +150
- Ridley Scott - The Last Duel +700
- Sofia Coppola - On The Rocks +700
- Aaron Sorkin - The Trial Of The Chicago 7 +900
Each of these options feature money line odds for their chance of winning the Oscar for best director, and they are listed from most to least likely to win. As with any money line betting odds, the bigger the underdog, the larger the payout. Beware of enticing underdog odds, as they are predicted to lose for a reason.
Mobile Entertainment Betting
The best mobile betting apps for entertainment odds can be accessed on the go using iPhones, iPads, or Android-powered tablets and smartphones. Don’t even bother searching the Google Play or App Stores, all that is needed is a current mobile web browser.
Just click on one of the entertainment sportsbook links we’ve provided above and your handheld device can place a bet on the Oscars, the Emmys, Big Brother odds, Survivor, or even place a bet on professional wrestling while you are in the bathtub, or Bath, Maine.
Entertainment betting sites accept a large variety of funding options for deposits and withdrawals, but none feature the added benefits of using Bitcoin (BTC) because it allows for extra bonus cash and can be withdrawn quickly.
How quickly? 24 hours or less. Try that with another funding option. It won’t happen. That’s why we suggest sticking to Bitcoin because when it comes to collecting your winnings, waiting is not an option.
Entertainment Betting Strategies
Join More Than One Entertainment Betting Site – If you only belong to one entertainment sportsbook, then you’ll be limited to the odds they offer. If you believe that Meryl Streep is a shoe-in to win Best Actress, belonging to more than one betting site allows you to find the easier path to victory and secure higher payouts.
If Streep is favored to win by -300 at one site, but has -225 odds at another, using the second sportsbook allows bettors to risk much less of their own money to secure the same winnings.
Manage Your Bankroll – Set a betting limit of 3%-4% of your total bankroll to ensure your funds will last through one event. Also ensure that your betting funds are sourced from disposable income. Remember, entertainment betting is for entertainment purposes, so any attempts to earn a living by wagering at sportsbooks is unadvisable.
Although we push Bitcoin and cryptocurrency as the best funding option, we also require that USA entertainment betting sites provide more traditional banking options that include the following:
- Deposit: Credit Card, Debit Card, Wire Transfer, Cashier's Check, Zelle, Third-Party Money Transfer Services, Cryptocurrency
- Withdrawal: Wire Transfer, Cashier's Check By Courier, *Cryptocurrency (allows for sub-24 hour withdrawal times)
Live Betting On Entertainment Odds
Since entertainment betting lines are often waiting on an outcome to occur, there is no option for live betting. The occurrence has either happened or it hasn’t, and there’s no in-between to provide for the live betting opportunities that one can find when betting on the NFL or other popular sports in the USA.