Entertainment Odds: And the Oscar Goes to...

Millions of people will be tuning in this Sunday (8:30 PM ET, ABC) to see what the world’s biggest movie stars have to say about the current state of affairs – and to see who takes home the hardware at the 89th Academy Awards. It’s widely assumed that La La Land will win the Oscar for Best Picture; the Emma Stone-Ryan Gosling musical is a –700 chalk at press time.

There’s a chance that Moonlight (+550) will sneak away with Best Picture, but if not, the critically-acclaimed film is a near-lock at –700 to win the Oscar for Best Adapted Screenplay. One of the movie’s top stars, Mahershala Ali, is also a heavy –700 favorite to win Best Supporting Actor.

The race for Best Actor is much closer. It’s a two-way battle between Manchester by the Sea leading man Casey Affleck (–160) and Fences actor/director Denzel Washington (EVEN). Affleck won the Critics’ Choice and BAFTA awards in the same category, while Washington was the choice of the Screen Actors Guild. Emma Stone is a –700 favorite to win the Best Actress Oscar for her work in La La Land, well ahead of Jackie star Natalie Portman at +500.

Entertainment Odds: Lots of La La Land at 89th Oscars

Sunday’s 89th Academy Awards (8:30 PM ET, ABC) are bound to be controversial, but there isn’t much debate over who’ll win the Oscar for Best Picture. La La Land is a massive –700 favorite at press time; Emma Stone is –700 to win Best Actress for her work in the hit musical.

The Best Actor race is between Casey Affleck (–160) from Manchester by the Sea and Denzel Washington (EVEN) from Fences. The supporting Oscars are far less competitive, with Fences co-star Viola Davis a shoo-in at –3000, and Mahershala Ali pegged at –700 for his role in Moonlight.