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Oscar Best Costume Design Predictions, Odds: Elvis Has Small Edge on Black Panther Wakanda Forever

Best Costume Design Nominees & Odds

Odds via DraftKings and as of March 12

Nominee Odds Implied Probability
Elvis -190 65.52%
Black Panther: Wakanda Forever +200 33.33%
Everything Everywhere All At Once +550 15.38%
Babylon +2800 3.45%
Mrs. Harris Goes to Paris +3000 3.23%

Chris Raybon: The Gold Derby expert consensus has been right 91% of the time — including correctly predicting an upset win for the first “Black Panther” film four years ago — and this year, 75% of them are backing Elvis (-165) over Black Panther: Wakanda Forever (+185; 21%) and Babylon (+2800; 4%).

Black Panther: Wakanda Forever won the Critics Choice, and Elvis won the BAFTA. Both of those awards have correctly predicted the Oscar in nine of the past 11 years. The two films were in different categories at the Costume Designers Guild Awards, with Elvis winning for Excellence in a Period Film while Black Panther: Wakanda Forever lost to fellow nominee Everything Everywhere All At Once (+500).

Pick: Elvis -190 (to -300).

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