We're rolling out the red carpet this week, as the 97th Academy Awards take place this Sunday night. One of the most unique and challenging betting events of the year, Action Network Oscars experts Chris Raybon and Collin Whitchurch are no strangers to wagering on the event. These movie obsessives have been running their own Academy Awards projections for years.

With so much to cover, we've split today's mega episode into two parts. In this first Part 1 episode, Collin and Chris take to the digital airwaves with picks across the eight major categories: Best Picture, Director, Actor, Actress, Supporting Actor and Actress, along with Best Original and Best Adapted Screenplay. In Part 2, they will dive into the incredible value to be found across the rest of the categories, including a big number worth taking in Best Sound.

And for those looking to wager, the predictive marketplace Kalshi is now available for bettors and speculators across all fifty U.S. states. Build positions across Academy Awards categories, along with hundreds of other exotic and news-based markets. And if you'd like to receive a deposit bonus at sign-up, just use code ACTION when you open your account. Download the Kalshi app from the App Store to get started.

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