Legal Betting On The Razzie Awards

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 39^th 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!