2027 Best Original Screenplay Oscar nominations
Leader sits at 82% across 10 bound outcomes, runner-up at 50%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
Wild Horse Nine
Outcomes
10
winner-take-all
Runner-up
50¢
Obsession
Spread
32pp
contested
24h volume
$193
thin orderbook
Closes
Dec 31, 2027
467 days
Venue
Kalshi
10 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 Original Screenplay Oscar nominations
2027 Best Original Screenplay Oscar nominations?: Fjord
KXOSCARNOMSPLAY-27-FJO
2027 Best Original Screenplay Oscar nominations?: Wild Horse Nine
KXOSCARNOMSPLAY-27-WIL
2027 Best Original Screenplay Oscar nominations?: Obsession
KXOSCARNOMSPLAY-27-OBS
2027 Best Original Screenplay Oscar nominations?: Josephine
KXOSCARNOMSPLAY-27-JOS
2027 Best Original Screenplay Oscar nominations?: Elsinore
KXOSCARNOMSPLAY-27-ELS
2027 Best Original Screenplay Oscar nominations?: The Drama
KXOSCARNOMSPLAY-27-DRA
2027 Best Original Screenplay Oscar nominations?: Digger
KXOSCARNOMSPLAY-27-DIG
2027 Best Original Screenplay Oscar nominations?: The Debut
KXOSCARNOMSPLAY-27-DEB
2027 Best Original Screenplay Oscar nominations?: Club Kid
KXOSCARNOMSPLAY-27-CLU
2027 Best Original Screenplay Oscar nominations?: The Black Ball
KXOSCARNOMSPLAY-27-BLA
Analysis
This probability reflects market expectations that a particular screenplay will receive an Oscar nomination in the Best Original Screenplay category at the 2027 Academy Awards ceremony. The current 75% level suggests high confidence among traders, though the runner-up contract at 69% indicates meaningful uncertainty about which specific film will ultimately be nominated. Market pricing is driven by screenwriting recognition across festival circuits, critical reception, and patterns from similar films in recent years. The primary catalyst resolving this uncertainty will be the official Oscar nominations announcement, typically held in late January. Between now and then, film festival performances, industry guild nominations (Writers Guild, BAFTAs), and trade publication predictions will likely shift probabilities as the voting period approaches. Current trading activity on the leading contract ($16 in 24-hour volume) suggests modest but active interest.
- ›The leading contract (75¢) substantially outprices the runner-up (69¢), indicating market consensus around one screenplay but with 6 percentage points of disagreement still present
- ›Top two contracts account for most probability mass; remaining three combined trade below 30¢, suggesting traders view only two screenplays as serious contenders
- ›24-hour volume concentration ($16 on leader, $13 on runner-up versus near-zero on others) shows trading activity validates the top-two hierarchy
- ›Oscar nomination announcements occur in late January 2027, establishing a hard resolution date roughly 4-5 months from current market snapshot
- ›Screenplay eligibility for nomination depends on specific film release dates, eligibility windows, and Academy rules that may disqualify or add candidates between now and voting
What moved the line
- Sep 18Digger↑34pp8→42¢ · Kalshi
- Sep 19Digger↓33pp42→9¢ · Kalshi
- Sep 18The Debut↑28pp42→70¢ · Kalshi
- Sep 19The Debut↓24pp70→46¢ · Kalshi
- Sep 19Fjord↓22pp32→10¢ · 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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