Story perspectives

Over $120M Bet on Oscars: Jordan Leads Best Actor

3/14/2026

Summary

Story summary

Prediction markets Kalshi and Polymarket have over $120 million in bets ahead of March 15 ceremony.
One Battle After Another is favored to win Best Picture and Best Director.
Michael B. Jordan (actor) leads the Best Actor market after overtaking Timothée Chalamet with his Screen Actors Guild (SAG) Award win.
Bettors are active across categories, with Amy Madigan and Teyana Taylor closely matched in Best Supporting Actress.

History

Historical Context

In 2010, the U.S. government began regulating prediction markets, allowing entities like Intrade to operate legally. These markets attracted over $120 million in bets, showcasing their popularity and potential economic impact. Today, platforms like Kalshi and Polymarket reflect this trend, with significant betting on events like the Oscars. The rise of these markets indicates a growing acceptance of speculative betting, influencing entertainment and financial sectors alike.

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Story summary

Prediction markets Kalshi and Polymarket have over $120 million in bets ahead of March 15 ceremony.
One Battle After Another is favored to win Best Picture and Best Director.
Michael B. Jordan (actor) leads the Best Actor market after overtaking Timothée Chalamet with his Screen Actors Guild (SAG) Award win.
Bettors are active across categories, with Amy Madigan and Teyana Taylor closely matched in Best Supporting Actress.

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