94th Academy Awards Betting Update: Oscar Nominations Are Finally Out

94th Academy Awards Betting Update: Oscar Nominations Are Finally Out

On February 8, the Academy of Motion Picture Arts and Sciences released the 2022 Oscar Nominations. As expected, The Power of the Dog, Dune, and Belfast received multiple nominations. But like in every year, there were some surprises. Check out which movies grabbed the most noms, which thespians surprised with nominations, and our early Academy Award Betting predictions for the top awards. 

2022 Academy Award Oscar Nominations Are Out

94th Academy Awards Ceremony

  • When: Sunday, March 27
  • Where: Dolby Theatre, Hollywood, CA
  • TV/Streaming: ABC

Which movies grabbed the most nominations?

Both Dune and The Power of the Dog should have decent nights. Dune got 10 Oscar noms while The Power of the Dog has 12 chances to win a golden statue. 

Dune’s two biggest nominations were for Best Adapted Screenplay, which it should win, and Best Picture. Denis Villeneuve didn’t get a nomination for Best Director, which doesn’t make sense to us.

The Power of the Dog’s top nominations are for Best Picture, Best Director, Best Actor, two for Best Supporting Actor, Best Supporting Actress and Best Adapted Screenplay. 

Heading into the voting period, The Power of the Dog is the chalk to sweep almost every category where it got a nomination. The movie cleaned up at the Golden Globes and smaller awards shows have thrown statue after statue to the film.  

Most surprising acting nominations?

Everyone believed Benedict Cumberbatch in The Power of the Dog, Javier Bardem for playing Ricky Ricardo in Being the Ricardos, and Will Smith in King Richard were locks to grab Best Actor nominations.

Andrew Garfield for Tick, Tick . . .Boom! and Denzel Washington for The Tragedy of McBeth are surprises. It’s also a surprise that neither Alana Haim in Licorice Pizza nor Lady Gaga in House of Gucci made the cut.

Kristen Stewart in Spencer, Penelope Cruz in Parallel Mothers, and Jessica Chastain for The Eyes of Tammy Faye in the Best Actress category are slight surprises. 

The Best Supporting Actor category is full of surprises. Most everyone though Ciaran Hinds in Belfast and Kodi Smit-McPhee in The Power of the Dog were going to grab nominations.

Jesse Plemons got a nom for The Power of the Dog, though. So did J.K. Simmons, J. Jonah Jameson in the Spiderman movies, who got one for Being the Ricardos, and Troy Kotsur grabbed a nom for CODA. 

Those three nominations surprised big time.    

Most surprising Best Picture and Best Director nominations?

Like Oscar handicappers expected, the Academy used up all 10 Best Picture slots. Like we predicted, one of the Best Picture spots went to Guillermo Del Toro’s Nightmare Alley.

But Drive My Car, the Japanese movie based on a Haruki Murakami short story, got a nomination for best film. So did West Side Story, which bombed at the box office. 

Drive My Car’s director, Ryusuke Hamaguchi, received a nomination. As did Steven Spielberg for West Side Story.

Hamaguchi and Spielberg beat out Denis Villeneuve for directing Dune and Maggie Gyllenhaal for directing The Lost Daughter

Early top category Oscar predictions

Best Picture

  • Will Win – The Power of the Dog
  • Should Win – Licorice Pizza

Jane Campion’s film is cleaning up. It’s a great movie, but Licorice Pizza is one of the best things Paul Thomas Anderson has ever done. So the movie deserves the award. 

Best Director

  • Will Win – Jane Campion, The Power of the Dog
  • Should Win – Paul Thomas Anderson, Licorice Pizza

It’s difficult to say Campion shouldn’t win. The one director we can make a case for is Paul Thomas Anderson. Don’t be surprised if Kenneth Branagh steals Campion’s thunder, though.

Best Actor

  • Will Win – Will Smith, King Richard
  • Should Win – Benedict Cumberbatch, The Power of the Dog

Smith gives a fantastic performance. But Cumberbatch is awesome as the lead in The Power of the Dog. Also, it’s incredible that Cumberbatch has yet to win an Oscar. No offense to Will, but Cumberbatch might be the second best thespian on the planet after Viola Davis. 

Best Actress

  • Will Win – Nicole Kidman, Being the Ricardos
  • Should Win – Kristen Stewart, Spencer

Best Actress is one of the toughest categories to handicap. A real case can be made for all five participants. But at the end of the day, Hollywood loves to hand out awards for films about themselves.

Since Being the Ricardos won’t win Best Picture, and Javier Bardem is an underdog to take home the Best Actor award, it falls on the Academy to give Kidman another statue. 

The actress who should win among the five is Kristen Stewart. Plenty of actresses have tried to play Princess Diana. Some have been great. But Stewart sets the Diana bar. So the Twilight star deserves the Oscar.