As 2019 winds down, the movies that are trying to earn consideration for the 92nd Academy Awards come out in droves. That means awards season is upon us, but one thing that goes on throughout the entire year is betting and placing odds on anything imaginable. The Academy Awards are no exception, and the favorites are already emerging for the show. Here’s a look at the odds set by experts in Las Vegas and sportsbooks around the world for the major categories at the 92nd Academy Awards

Best Actress

Renee Zellweger opens up as the favorite to win in the Best Actress category for her role in “Judy” where she plays former Hollywood superstar Judy Garland. The film premiered in August in the festival circuit and has gained a lot of traction since then, getting its wide release at the end of September. It hasn’t been a box office smash, but has been a critical darling.

Coming in just behind Zellweger is another actress that starred in a biopic. Cynthia Erivo, who already has a Tony, Grammy and Emmy award, hopes to add an Oscar for her portrayal as Harriet Tubman in “Harriet”. Scarlett Johansson comes in behind her, starring in two movies with Oscar buzz. “Jojo Rabbit” might not be the role in which she’s nominated, but “Marriage Story” is getting her name in the Best Actress mix. The longshot here is Saoirse Ronan, who stars in “Little Women”.

Best Actor

If the odds hold true, then Joaquin Phoenix will be the second actor to win an Oscar for playing Batman’s arch enemy with “The Joker”. Of course, Heath Ledger posthumously won an Oscar for his role in “The Dark Knight”. Even if “The Joker” doesn’t get Best Picture, it’s clear that Phoenix had a performance that stuck with the Academy.

Adam Driver, who has gotten buzz in the past and already has “Star Wars” under his belt is the man just behind Phoenix. “Marriage Story” is his top chance at the nomination, while “The Report” also might land him a nomination. Two Hollywood mainstays sit behind Driver with Robert De Niro (“The Irishman”) and Tom Hanks (“A Beautiful Day in the Neighborhood”) getting equal odds to add to their legendary resumes.

Best Picture

Of course, the Best Picture category is the one that has the most nominees each year since its expansion a few years ago. Right now, it appears that the Academy is torn between a handful of films. The two biggest favorites are “Marriage Story” and “The Irishman”, the latter of which would be Netflix’s first win after nearly clinching in 2019 with “Roma”. Two more favorites that are just behind the two films are “Joker” and Quentin Tarantino’s “Once Upon a Time in Hollywood”.

Oddsmakers haven’t ruled out “Jojo Rabbit”, “Waves” and “Ford v. Ferrari” just yet, either. “1917”, “Just Mercy”, “Parasite” and “A Beautiful Day in the Neighborhood” are also campaigning hard for a push to Best Picture. Other longshots that are up for consideration include some blockbusters like “Rocketman”, “Cats” and “Ad Astra”.