Legal Betting On The Razzie Awards
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While entertainment betting tends to focus on the major reality shows and industry awards, there are some more fringe Hollywood ceremonies that also get some billing at offshore sportsbooks. The biggest of these also-rans is the Golden Raspberry Awards, or Razzies. You can enjoy legal Razzies betting at most online bookmakers, putting a few bucks on the worst that “Hollyweird” has to offer.
If you wish to wager on the 42nd Golden Raspberry Awards, you can do so quickly and easily by signing up with any of the major operators listed here. After all, if you’re already planning on some Oscars betting at the 93rd Academy Awards, you might as well recoup some of the cash you wasted on the worst performances and films of the year, too, right? Betting on the Razzies is the ultimate movie ticket refund, and we show you exactly how to recoup some of those box office losses!
Is It Legal To Bet On The Razzie Awards?
It is legal to bet on the Razzies in 48 of 50 US states (and Washington, DC), and you can do so at any reputable offshore betting site. Additionally, New Jersey sportsbooks may offer betting lines on the Razzies, as it’s currently the only state to support locally regulated Oscars betting and other entertainment odds.
Razzie betting online is nominally illegal in Washington, as they ban online wagering altogether. Nevertheless, the laws are historically unenforced, meaning that it’s safe to sign up at an online overseas sportsbook and wager on the Razzies if you live in WA.
Still, we recommended abiding by all local laws, and if you wager on the Razzies in WA, you do so at your own risk.
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2023 Razzies Betting Odds
Usually, the Razzies are held the night before the Oscars, and in such years, you can expect the Golden Raspberry Foundation to release their list of nominees at roughly the same time the Academy Awards finalists are presented to the public. However, this year, the Razzies will be held sometime after the Oscars, with the nominations being announced the night before the latter show.
Once the 42nd Razzie nominations hit the wire on February 7, 2022, this page will be updated with a full list of categories, nominees, and the latest betting odds. That said, entertainment prop bets on the 2022 Razzie for Worst Picture are available right now!
What Is A Razzie Award?
The Golden Raspberry Awards is an annual movie industry ceremony celebrating the “Worst in Film,” and it’s typically held on the Saturday night before the more “serious” Academy Awards. While the Razzies have fewer overall categories than the Oscars, they’re still very popular among movie fans, as they offer a tongue-in-cheek counterpoint to the typical awards season.
As a result, the Razzies are the awards show of the season for many movie fans and critics. The Oscars, though immensely popular, are more rigid and predictable, while the Razzies prove – at least most of the time – that Hollywood still has a sense of humor. Of course, Razzie winners are typically never on hand to receive their awards, and the Hollywood cognoscenti view them as something of an insult to the institution.
The Golden Raspberries were introduced in 1981 by several UCLA film school alums, as well as publicist John J.B. Wilson (who carries the mantle of “Ye Olde Head Raspberry”) and co-creator Mo Murphy. The “Raspberry” name derives from the age-old practice of audiences “blowing raspberries” to show disapproval.
About The 2023 Razzie Awards
If you’re looking for the time and place of the 42nd annual Razzie Awards, we’ve got all the currently available information listed here. Remember, you’ll want to get all your Razzie bets in before the show itself gets underway, as no sportsbook will likely offer live Razzie betting after the start of the ceremony.
When Are The Razzie Awards?
- Date: March 26, 2022
Where Are The Razzie Awards?
- City: Los Angeles, CA
- Venue: TBA
How To Watch The Razzie Awards
- TV: TBA
- Streaming: Razzie Channel (YouTube)
How To Bet On The Razzies
Betting on the Razzies is as simple as wagering on any other line for any sport offered by your betting site. Just sign up at one of the top-rated operators listed here, choose one of the popular banking options available, and browse the boards.
When you see a line you like, just tap or click it, type in the amount of money you wish to risk, and submit your ticket. You can even make Razzie parlay bets to increase your payouts!
Previous Razzie Award Odds And Winners
The history of the Razzie Award winners can give bettors a little insight on how to wager on the event. Below, we’ve listed the main Razzies odds with the winners in bold, so you can see how close to correct the public consensus is at offshore sports betting sites that offer Hollywood betting lines.
In most cases, the favorite seems to win, which should be quite helpful for those looking to pad their bankrolls.
Razzies And Razzie Betting FAQs
In 2000, Oscar winner Sylvester Stallone won the Razzie for Worst Actor of the Century. Worst Actress of the Century went to Madonna. In 2020, the Razzies will likely have a “Worst of the Decade” series of categories, so bettors should be on the lookout for that. Our money is on Adam Sandler in the actor division, though the others are harder to pin down.
There have been many famous celebrities to win Razzie awards. Directors Michael Cimino, Prince, William Shatner, Paul Verhoeven, Kevin Costner, Barry Sonnenfeld, M. Night Shyamalan, and Michael Bay have all won the award.
Famous actors to win include Laurence Olivier, Stallone, Costner, Burt Reynolds, Bruce Willis, Adam Sandler, John Travolta, Eddie Murphy, and Donald Trump.
Notable actresses to take home a Razzie include Bo Derek, Faye Dunaway, Madonna, Liza Minnelli, Sean Young, Sharon Stone, Demi Moore, Mariah Carey, Britney Spears, Jennifer Lopez, Halle Berry, Sandra Bullock, and Tyler Perry (in drag).
This has actually happened on many occasions. For example, Alan Menken (1993) won an Oscar and a Razzie in the same year, while Brian Helgeland (1998) and Sandra Bullock (2010) achieved the same feat. That said, no picture, actor, or actress has ever been awarded both a Best and Worst award.
Laurence Olivier, Sylvester Stallone, Kevin Costner, Roberto Benigni, and Ben Affleck have each won both Oscars and Razzies at various points in their careers.
Notably, one film – Oliver Stone’s Wall Street – had both an Oscar and a Razzie winner honored. Michael Douglas won the 1988 Academy Award for Best Actor, while Daryl Hannah won the 1988 Razzie for Worst Supporting Actress.
Yes! In 1996, director Paul Verhoeven won the award for the cult classic Showgirls and was the first recipient to ever accept a Razzie in person. Verhoeven is actually an accomplished Hollywood director with some serious bona fides in the industry. Some of his most famous movies include RoboCop, Total Recall, Basic Instinct, Starship Troopers, and Hollow Man.
After Verhoeven blazed the trail, several other celebs have also accepted their Golden Raspberries in person. These include luminaries such as Tom Green (2002), Halle Berry (2005), Sandra Bullock (2010), and J. David Shapiro (2010).
We’ve looked into this on more than one occasion, and we can legitimately say that we have no idea. In the past, tickets have been available online at various times through various outlets for under $20, but it wouldn’t be surprising to see prices go up in the future. You can also get tickets at the gate, albeit increasing popularity means this avenue could soon dry up.
As you can see from the Golden Raspberry winners in 2019, the best strategy seems to be to bet on the favorite in each category. That said, you should also probably bet on any political figure that is unpopular in Hollywood, provided they’ve been in a documentary during the year in question.
Case in point: For the 39th Golden Raspberry Awards, Donald Trump and Kellyanne Conway were shoo-ins despite not even being actors, simply because Hollywood has the predictable habit of reaching out for the lowest-hanging political commentary bandwagon fruit. Use this predictability to your advantage!
This is all relative, but your earning potential with Razzie betting is lower than it is with, say, NFL betting. The Razzies don’t have too many categories to choose from, and the limits on individual wagers are pretty low at most reputable books. You might be able to wager $300-500 on a Razzies bet, but that’s about it.
Still, if you put down a few hundred bucks on every Razzie category, you could walk away with $1500 to $2000 in winnings if you bet right. Link these up into a parlay, of course, and you could win even more!
Razzie limits – and all entertainment betting limits – are typically so low because there is no real empirical data to draw from year-to-year as in more traditional sports betting. As a result, sportsbooks are unwilling to take on too much risk, and this keeps wager maximums depressed. However, most Razzie bets are going to be for $5-$20, so 95% of bettors’ needs are met with the existing limits in place.
The Razzie trophy, spray-painted in an elegant gold Rust-Oleum, is worth $4.97 in materials but is priceless (worthless?) to their honored recipients. The Oscar statue, by contrast, is worth about $400 in materials and construction costs, but recipients cannot sell them without first offering to sell them back to the Academy of Motion Picture Arts and Sciences for a whopping $1. Thus, Razzies are actually worth more than Oscars on the resale market!