2027 Best Music (Original Score) Oscar nominations
Leader sits at 79% across 12 bound outcomes, runner-up at 69%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
The Odyssey
Outcomes
12
winner-take-all
Runner-up
69¢
Disclosure Day
Spread
10pp
contested
24h volume
$39
thin orderbook
Closes
Dec 31, 2027
554 days
Venue
Kalshi
12 bound
30-day trend
Bracket family
How the bracket ladder is priced.
Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.
Cluster 1
2027 Best Music (Original Score) Oscar nominations
2027 Best Music (Original Score) Oscar nominations?: The Odyssey
KXOSCARNOMSCORE-27-ODY
2027 Best Music (Original Score) Oscar nominations?: Disclosure Day
KXOSCARNOMSCORE-27-DIS
2027 Best Music (Original Score) Oscar nominations?: Project Hail Mary
KXOSCARNOMSCORE-27-PRO
2027 Best Music (Original Score) Oscar nominations?: Wild Horse Nine
KXOSCARNOMSCORE-27-WIL
2027 Best Music (Original Score) Oscar nominations?: Whalefall
KXOSCARNOMSCORE-27-WHA
2027 Best Music (Original Score) Oscar nominations?: The Social Reckoning
KXOSCARNOMSCORE-27-SOC
2027 Best Music (Original Score) Oscar nominations?: The Mandalorian and Grogu
KXOSCARNOMSCORE-27-MAD
2027 Best Music (Original Score) Oscar nominations?: The Drama
KXOSCARNOMSCORE-27-KRI
2027 Best Music (Original Score) Oscar nominations?: Dune: Part Three
KXOSCARNOMSCORE-27-DUN
2027 Best Music (Original Score) Oscar nominations?: Cry to Heaven
KXOSCARNOMSCORE-27-CRY
2027 Best Music (Original Score) Oscar nominations?: The Black Ball
KXOSCARNOMSCORE-27-BLA
2027 Best Music (Original Score) Oscar nominations?: The Adventures of Cliff Booth
KXOSCARNOMSCORE-27-ADV
Analysis
The 85% probability reflects market confidence that at least one specific score will receive a Best Original Score Oscar nomination at the 2027 Academy Awards ceremony. This elevated level suggests the nominated film(s) have strong industry momentum and critical recognition heading into awards season. The probability would likely shift based on critical reception of competing scores between now and Oscar voting, as well as how scores perform in preliminary awards like the Golden Globes and BAFTA. The Academy's nomination announcement, scheduled for January 2027, represents the key resolution point. Until then, market participants are weighing festival circuit performance, industry screeners, and emerging consensus about which composers merit recognition this year.
- ›At least one specified score receives an Oscar nomination when the Academy announces nominees in January 2027
- ›Kalshi contracts show significant volume concentration in Best Actor outcomes (not music scores), suggesting limited liquidity and potentially less efficient pricing in score-specific markets
- ›The 85% leader price indicates asymmetric conviction compared to the 76% runner-up, suggesting meaningful differentiation between competing score outcomes
- ›Golden Globes, BAFTAs, and other winter 2026-2027 award ceremonies will establish momentum for which scores resonate with voters
- ›The gap between 85% and lower-priced alternatives suggests market participants have identified specific score(s) as substantially more likely than others, rather than uniform probability distribution across outcomes
What moved the line
- Jun 21Dune: Part Three↓6pp57→51¢ · Kalshi
- Jun 24The Adventures of Cliff Booth↑5pp35→40¢ · Kalshi
- Jun 19The Mandalorian and Grogu↑4pp4→8¢ · Kalshi
- Jun 19The Odyssey↑3pp78→81¢ · Kalshi
- Jun 20The Odyssey↑3pp81→84¢ · Kalshi
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These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.
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How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.
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