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2012 Oscars Odds

With the Academy Awards coming up on Sunday night The Artist has strengthened its hold on the 2012 Oscars odds to take home the statue for Best Picture.

The Artist now sits as the 1/12 favorite to win Best Picture, up from 2/7 odds at Bovada a month ago. The Descendants has dropped from 7/2 to 10/1 on the list but remains the second-favorite to claim Best Picture, while The Help is now third at 12/1 to win the coveted gold statue on Sunday.

Here are the updated odds to win the 2012 Oscars this weekend at Bovada:

2012 Oscars - Odds to Win Best Picture
The Artist 1/12
The Descendants 10/1
The Help 12/1
Hugo 20/1
War Horse 40/1
Moneyball 40/1
Extremely Loud and Incredibly Close 75/1
Midnight in Paris 75/1
The Tree of Life 75/1

2012 Oscars - Odds to Win Best Actor
Jean Dujardin (The Artist) 5/7
George Clooney (The Descendants) 6/5
Brad Pitt (Moneyball) 15/1
Gary Oldman (Tinker Tailor Soldier Spy) 25/1
Demian Bichir (A Better Life) 50/1

2012 Oscars - Odds to Win Best Actress
Viola Davis (The Help) 5/8
Meryl Streep (The Iron Lady) 5/4
Michelle Williams (My Week With Marilyn) 15/1
Rooney Mara (The Girl With the Dragon Tattoo) 40/1
Glenn Close (Albert Nobbs) 50/1

2012 Oscars - Odds to Win Best Director
Michel Hazanavicius (The Artist) 1/7
Martin Scorsese (Hugo) 5/1
Alexander Payne (The Descendants) 20/1
Woody Allen (Midnight in Paris) 40/1
Terrance Malik (Tree of Life) 40/1

2012 Oscars - Odds to Win Best Adapted Screenplay
The Descendants 1/5
Moneyball 5/1
Hugo 12/1
Tinker Tailor Soldier Spy 20/1
The Ides of March 30/1

2012 Oscars - Odds to Win Best Animated Feature Film
Rango 1/10
Chico and Rita 15/2
A Cat In Paris 12/1
Puss in Boots 15/1
Kung Fu Panda 2 25/1

2012 Oscars - Odds to Win Best Original Screenplay
Midnight in Paris 2/7
The Artist 11/4
A Separation 25/1
Margin Call 25/1
Bridesmaids 25/1

2012 Oscars - Odds to Win Best Original Score
Ludovic Bource (The Artist) 1/10
John Williams (War Horse) 7/1
Howard Stone (Hugo) 14/1
Alberto Iglesias (Tinker Tailor Soldier Spy) 25/1
John Williams (The Adventures Of Tintin)40/1

2012 Oscars - Will Christopher Plummer win Best Supporting Actor?
Yes -3000
No +1200

2012 Oscars - Will Octavia Spencer win Best Supporting Actress?
Yes -1500
No +700

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A pair of Golden Globe winners are the favorites on the 2012 Oscars board as the first Academy Awards odds were released by the online sportsbooks on Tuesday.

The Artist and The Descendants lead the way on the opening Oscars odds, with The Artist the 2/7 favorite at Bovada to win the gold statue in the Best Picture category and The Descendants next at 7/2 odds.

The Artist won the Best Motion Picture - Comedy or Musical category at the Golden Globes in January, while The Descendants snagged the Best Motion Picture - Drama award at that ceremony.

Martin Scorsese's Hugo is next at 10/1 odds at Bovada to win Best Picture at the 84th Academy Awards on February 26, with Steven Spielberg's War Horse at 14/1 odds. The Help (20/1), Extremely Loud and Incredibly Close (30/1), Moneyball (30/1), Midnight in Paris (30/1), and The Tree of Life (50/1) round out the Best Picture odds list.

George Clooney, who won the Golden Globe for Best Actor - Drama, is the 1/3 favorite to win the Best Actor category at the Oscars for The Descendants, with Jean Dujardin of The Artist (another Golden Globe winner) at 2/1 odds. Brad Pitt is at 10/1 odds, with Gary Oldman and Demian Bichir both at 25/1 odds.

Meryl Streep is the 1/2 favorite to win Best Actress at the Oscars for her role in The Iron Lady, with Michelle Williams and Viola Davis both at 3/1 odds at Bovada for that category. Streep and Williams both took home Golden Globes in January.

As well, The Artist's Michel Hazanavicius is the 4/7 Oscars favorite in the Best Director category despite the fact he lost the Golden Globe to Scorsese - who sits at 7/4 odds. Alexander Payne is third on that list at 11/2 odds for The Descendants.

For the complete list of odds for the 2012 Academy Awards head over to Bovada.

2012 Oscars - Odds to Win Best Picture
The Artist 2/7
The Descendants 7/2
Hugo 10/1
War Horse 14/1
The Help 20/1
Extremely Loud and Incredibly Close 30/1
Moneyball 30/1
Midnight in Paris 30/1
The Tree of Life 50/1

2012 Oscars - Odds to Win Best Actor
George Clooney (The Descendants) 1/3
Jean Dujardin (The Artist) 2/1
Brad Pitt (Moneyball) 10/1
Gary Oldman (Tinker Tailor Soldier Spy) 25/1
Demian Bichir (A Better Life) 25/1

2012 Oscars - Odds to Win Best Actress
Meryl Streep (The Iron Lady) 1/2
Michelle Williams (My Week With Marilyn) 3/1
Viola Davis (The Help) 3/1
Glenn Close (Albert Nobbs) 20/1
Rooney Mara (The Girl With the Dragon Tattoo) 20/1

2012 Oscars - Odds to Win Best Director
Michel Hazanavicius (The Artist) 4/7
Martin Scorsese (Hugo) 7/4
Alexander Payne (The Descendants) 11/2
Woody Allen (Midnight in Paris) 18/1
Terrance Malik (Tree of Life) 18/1