Betting On The Razzie Awards

The host of the 2022 Razzies has not been announced yet.

Yes, tickets for the Razzies are available to the general public, and they typically carry box office prices of around $20. Once the date and venue for the Razzies are announced, you will likely be able to purchase tickets online or in person.

• Worst Actor – Sylvester Stallone, 4
• Worst Actress – Madonna, 5
• Worst Director – Michael Bay, John Derek, M. Night Shyamalan, 2
• Worst Picture – N/A*

* While no movie has won – or even should be able to win – multiple Razzies for Worst Picture, it’s not out of the question that a bad film could win the award, be remade later, and win it again. Hollywood has been out of ideas for some time, and this scenario is bound to happen. It might even make a good movie!

All that said, it’s kind of happened already. In 2012, The Twilight Saga: Breaking Dawn – Part 2 won the Razzie for Worst Picture, while Fifty Shades of Grey won the award in 2015. The Fifty Shades series, of course, started out as Twilight fan fiction before being slightly revised to feature non-Twilight characters.

This has never happened, and it isn’t particularly likely to happen in the future. However, because of the differing criteria both awards shows have for their nominees and winners, it is conceivable that – with the right mix of attitude, politics, and social commentary – the same producer, actor, actress, or director could win both an Oscar and a Razzie for the same project.

Actually, no. Even though the Razzies are nominally for the “worst in film,” they never go to no-name recipients like C-list actors, directors, or straight-to-video flicks that were never supposed to be good in the first place.

Essentially, Razzies are reserved for established stars who laid an egg and – usually – cost their studios a pretty penny in doing so. There are some exceptions to the rule, but generally, Razzies are for celebrities who ought to know better.

Interestingly, almost everyone to ever win a Razzie is an accomplished Hollywood veteran, as explained above. They’re all famous, which is rather the point. The Razzies, after all, are not given out to low-budget indie movies with unknown casts. Instead, they go to the A-listers and B-listers who stink up the joint, with the Razzie Organization imploring these stars to “Own your bad.” Winners like Laurence Olivier, Kevin Costner, Michael Cimino, and Sandra Bullock demonstrate as much.

There isn’t any particularly effective way to bet on the Razzies outside of picking the favorite. For whatever reason, as with the Academy Awards, Razzie bettors tend to get it right, and the movies and performers atop the betting boards usually end up winning.

The consensus worst movies and actors will almost always emerge victorious at the Razzie Awards, so let the audience guide you. Which is probably something these nominees should have done in the first place...

The betting limits for the Razzie Awards and other entertainment markets are typically much lower than they are for sporting events. This is primarily because sportsbooks don’t have as big an edge when it comes to setting lines, as there’s very little history to go off each time the Razzies roll around. Every year’s movies are different, after all.

Another reason betting limits are low for these sorts of events is simply a matter of volume. Not too many people wager on the Razzies, and sportsbooks just don’t want to carry millions of dollars of liability on something like a joke awards show.

There aren’t that many Razzies categories, so sportsbooks are able to offer odds on most or all of them. Whether your chosen book has every single Razzies category will depend on numerous factors, which is why we recommend joining several legal betting sites to wager on the event. Between the top three or four books, you should definitely be able to bet on everything the Golden Raspberries have to offer.

In 2019, the Razzies Organization was accused of participating in vote rigging, leaving out celebrities like Kevin Spacey and the film Fifty Shades Freed despite both receiving enough votes to be included among the finalists in their respective categories. Other movies that didn’t receive enough votes to make the cut – like The Meg – were nevertheless included as finalists.

However, such fixing is unlikely to yield refunds to any Razzies wagers, even if it’s proved. That said, no Razzies result has ever been overturned, so you should feel comfortable blowing a few raspberries of your own.