Hollywood hosted the SAG Awards over the weekend and two wins of note that altered the betting lines and odds for the 2022 Oscars. Jessica Chastain took home the coveted “Actor” trophy in the Best Actress Category for her role in “The Eyes of Tammy Faye”, and she’s now the betting favorite to win at the 2022 Oscars at +125 odds ahead of Nicole Kidman from “Meet the Ricardos” at +150 odds.

Jessica Chastain Best Actress SAG Awards Odds Oscars 2022 Best Supporting Actor Kotsur Odds
Jessica Chastain accepts The Actor at the 2022 SAG Awards for Best Actress. (Image: Rich Fury/Getty)

In “The Eyes of Tammy Faye”, Chastain played the real-life Tammy Faye Bakker who was the wife of infamous TV evangelist Jim Bakker. Chastain looked a little surprised when they called out her name as the winner at the SAG Awards, because Kidman was the favorite to win.

Chastain had been previously nominated at the Oscars for Best Supporting Actress in 2012 and Best Actress in 2013, but she lost both times. After her win at the SAG Awards, Chastain saw her Best Actress odds at the Oscars jump from +500 to +125.

The 2022 Oscars will take place at the Dolby Theater in Hollywood on Sunday, March 27.

Kotsur Closing Gap on Smit-McPhee

In the Best Supporting Actor Category, Troy Kotsur from “CODA” won the Actor at the SAG Awards. Kotsur, who is a deaf actor, plays the role of a deaf father who has to come to grips with his daughter — who is not hearing impaired — going off to college.

Kotsur edged out Kodi Smit-McPhee from “The Power of the Dog”, and the bookies at BetMGM altered their odds. Smit-McPhee is still the favorite at -155 odds to win Best Supporting Actor at the 2022 Oscars, but Kotsur closed the gap and he’s only +110 odds in a close race.

NOW  2/22/2022
Kodi Smit-McPhee (The Power of the Dog) -155 -350
Troy Kotsur (CODA) +110 +375
Ciaran Hinds (Belfast) +990 +500
Jesse Plemons (The Power of the Dog) +3300 +1600
JK Simmons (Being the Ricardos) +3300 +2500

You always need to keep a close eye on any race at the Oscars with multiple thespians from the same film in a single category. That’s the case with “The Power of the Dog” with Jesse Plemons and Smit-McPhee both up for Best Supporting Actor at the 2022 Oscars.

Prior to the SAG Awards, Smit-McPhee was the betting favorite at -350 odds versus +375 odds for Kotsur. But after winning his first Actor on Sunday, Kotsur saw his Oscars odds dramatically bump in his favor. The other nominees — Plemons, JK Simmons, and Ciaran Hinds — saw their Oscars odds drop after Kotsur won the Actor.

Check out this inspiring speech from Kotsur from the 2022 SAG Awards.

Chastain, Kidman Down to the Wire

It’s still a close race in the Best Actress category with Kidman not far behind Chastain on the Oscars betting board over at DraftKings. Kidman plays Lucille Ball in “Meet the Ricardos”, which is directed by Aaron Sorkin, and Kidman saw her odds drop from +120 to +150 to win Best Actress. Just 20 years ago, Kidman won her first and only Oscar in “The Hours” back in 2002. She’s seeking a second win.

NOW 2/22/2022
Jessica Chastain (The Eyes of Tammy Faye) +125 +500
Nicole Kidman (Being the Ricardos) +150 +120
Olivia Colman (The Lost Daughter) +400 +400
Kristen Stewart (Spencer) +450 +200
Penelope Cruz (Parallel Mothers) +1600 +1400

Olivia Colman, who earned a third nod in the last four years with “The Lost Daughter” is seeking a second Best Actress win. Colman’s odds remained steady at +400.

Kristen Stewart from “Spencer” saw a noticeable drop off. She was the second betting favorite behind Kidman a couple of weeks ago at +200 odds for her portrayal of Princess Diana. She’s now +450 odds and the fourth on the betting board.

Penelope Cruz from “Parallel Mothers” had a slight downtick from +1400 to +1600 odds as the biggest longshot to win Best Actress at the 2022 Oscars.

Check out more of OG’s coverage of the 2022 Oscars, including odds and betting info for all major categories.