BetOnline Grades Both La La Land & Moonlight As Winners
As this morning's Oscars prop betting recap touched on, there was a high degree of drama in last night's 89th Academy Awards during the announcement of the most coveted of all awards — Best Motion Picture.
The combination of Faye Dunaway and Warren Beatty had one job to do: Reveal the winner. As fate would have it, they had the wrong envelope.
The ensuing chaos would lead to the entire cast of La La Land cast getting as far as the middle of their acceptance speech before the clerical blunder was realized and the winner was re-announced to Moonlight; the actual winner of the best motion picture award.
Sports bettors laid up to -1000 on La La Land winning the best motion picture award, while Moonlight was a decent sized underdog that paid up to +900 at some online sportsbooks.
Sports betting site BetOnline (SBR rating A+) has decided to pay out both sides of the market and released the following tweet acknowledging the good fortune of La La Land to win best motion picture [at least in the world of online sportsbook grading].