TOTAL VOLUME:
$142.4b
24H VOL:
$104,871,197
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,592,701,755
469,827
Markets across
35,657
events
MATCHED EVENTS:
2,899
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
This event group tracks whether specific films will receive Best Picture nominations at the 99th Academy Awards (2027 ceremony, nominations announced January 21, 2027). Both Kalshi and Polymarket offer binary yes/no markets on individual film nominations, with resolution tied to official AMPAS announcement.
The Academy Awards are presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) to honor outstanding artistic and technical achievements in film. For the 99th Academy Awards in 2027, nominations are scheduled to be announced on January 21, followed by the ceremony on March 14, 2027. This market will resolve to "Yes" if the listed film is nominated for the 99th Academy Award for Best Picture. If a film is not officially nominated for the Academy Award for Best Picture when the 2027 nominees are announced, the corresponding market will immediately resolve to "No". If, for any reason, no nominations are declared by March 14, 2027, 11:59 PM ET, this market will resolve to "No". The primary resolution source for this market will be official information from the Academy Awards and AMPAS, including data from their website (e.g., https://www.oscars.org/) and the live broadcast of the award ceremony; however, a consensus of credible reporting may also be used.
A film receives a Yes resolution if it is nominated for Best Picture at the 99th Academy Awards. The nomination announcement is expected in January 2027. Each film listed represents a separate market outcome, and any film that receives an official Best Picture nomination will resolve to Yes.
Prediction market odds, like those found in this market, often provide a different perspective than traditional analyst forecasts. Analysts frequently base their predictions on critical reception, box office success, and industry buzz. However, this market incorporates the ‘wisdom of the crowd,’ reflecting the collective judgment of traders who are incentivized to be accurate. This can lead to odds that are more responsive to changing sentiment and potentially more accurate, especially as the nomination period approaches. While discrepancies can exist, the market often serves as a valuable complement to conventional analysis.
Prices on Polymarket and Kalshi can diverge due to several factors. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform has its own user base, trading rules, and liquidity levels, which can influence price discovery. For example, Polymarket currently favors Will "The Odyssey" be nominated for Best Picture at the 99th Academy Awards? at 99.8%, while Kalshi leans toward 2027 Best Picture Oscar nominations? at 98.0%. Differences in trading fees, margin requirements, and the availability of limit orders can also contribute to price discrepancies. These variations provide opportunities for arbitrage, where traders attempt to profit from price differences across platforms.
This market resolves around Mar 15, 2027, with the outcome confirmed once the official nominations for the Best Picture category at the 99th Academy Awards are announced and verifiable from credible public reporting. The market will reflect which films ultimately receive nominations, and the outcome will be determined by the official list released by the Academy of Motion Picture Arts and Sciences. Trading will cease once the nominations are public, and the market will settle based on the confirmed nominees.
Several events could significantly impact this market. Critical reviews following film festival screenings, major award wins at events like the Golden Globes or Critics Choice Awards, and shifts in box office performance are all potential catalysts. Unexpected directorial changes or controversies surrounding a film could also influence trading activity. Furthermore, any significant media coverage or public discussion about potential nominees could drive volume and price movements in this market. The release of trailers and promotional materials may also sway trader sentiment.