The Grammy Awards are the pinnacle of the music industry. One of the big four entertainment awards (along with the Oscars, the Emmys & the Tonys), it goes back to 1959. The 66th ceremony is set for February 4th, 2024, at the Crypto.com Arena in Los Angeles, and aside from music fans, bettors also wait for the awards with high anticipation.
The reason is that Grammy betting odds offer some great opportunities to boost your bankroll. So, should you find a random bookie and place your bets? Every sportsbook differs from the others, and we are here to show you how you can tell only the best as we have evaluated the best Oscars bookmakers. To boost your chances, we also provide high-value Grammy betting tips, which can lead you to turn the table and pocket some nice winnings.
Where to Bet on Grammys
The first step is to choose your next sportsbook to bet on one of the biggest ceremonies from our Entertainment betting guide. Since many time-consuming factors can affect your decisions, we have done all the hard work for you. Our rankings and reviews consider odds, markets, promotions & specials, and every bookmaker has to score high in all of them.
The vast amount of categories and candidates can hide great opportunities as long as you pick the correct bookie. And one of the best factors to judge it is the odds. We have done the tedious work and picked those with the best Grammy Awards odds to give you the best bang for your buck.
Grammy Betting Preview
Award Ceremony: 04/02/2024
Venue: Crypto.com Arena, Los Angeles
The Grammys, as a project, began forming in the ‘50s, with the music industry wanting to create the equivalent of Oscars and Emmys. Since the first Awards in 1959, music legends have lifted the sought-after trophy. Some of the most notable winners include Bruce Springsteen, Stevie Wonder, Michael Jackson and the contemporary Taylor Swift, Beyonce and Justin Timberlake.
After the latest changes, you can wager on 91 categories which fall under General Field, Pop, Dance/Electronic Music, Contemporary Instrumental Music, Alternative, Rap, R&B, Country, Jazz, New Age, Gospel/Contemporary Christian Music, Latin, Reggae, American Roots Music, Global Music, Children's, Spoken Word, Musical Theater, Comedy, Music for Visual Media, Composing/Arranging, Package, Notes, Historical, Production, Classical and Music Video/Film.
Also Read: Sports Personality Of The Year Betting.
Grammy Awards Betting Tips
The sheer number of categories has the positive of giving ample chances of betting within the same genre, no less. On the downside, you can get confused when so many variables are included, plus it is difficult to have top-level info in all categories.
This is where our Grammy betting tips play a crucial role as we focus on the Big Four categories (Album of the Year, Record of the Year, Song of the Year & Best New Artist). Since they include the most important music names, it is easier to collect all the accurate and updated information you can use on Grammy bookmakers. Let’s jump onto it.
Grammy Album of the Year
The starting point for most players is the Album of the Year, which is considered the most dominant prize. The previous year saw the surprise of Lizzo with the album ‘’About Damn Time’’. This year, it seems Tay-Tay will scoop everything up with her new hit album ‘’Midnights’’.
✔️ ‘’Midnights’’ by Taylor Swift ⏩ to win the Album of the Year @1.80 (4/5).
Grammy Record of the Year
Taylor Swift may be the second favourite for Album of the Year, but the Grammy Awards betting odds indicate her as the frontrunner here. With ‘’Anti-hero’’, the lead single from her latest album, she emerges as the likely winner.
✔️ ‘’Anti-hero’’ by Taylor Swift ⏩ to win the Record of the Year @2.20 (6/5).
Grammy Song of the Year
Traditionally, the winner is the same as the record of the year, and that will unlikely change. According to bookmakers, Taylor Swift, with ‘’Anti-hero’’ will bag the trophy thanks to her exceptional songwriting and chart-topping performance. Billie Eilish and ‘’What I Was Made For?’’ will be the competition, with one of her fourth nominations in the awards.
✔️ ‘’Anti-hero’’ by Taylor Swift ⏩ to win the Song of the Year @1/80 (4/5).
Grammy Best New Artist
In the Best New Artist category, things seem easier, as there is a heavy favourite. Noah Kahan is one of the top new faces in the music scene, especially due to his single ‘’Stick Season’’. However, due to the low betting odds on this Grammy pick, you might want to try something riskier. Nashville-born singer Jelly Roll recently switched from RnB to country music.
✔️ Jelly Roll ⏩ to win Best New Artist @6.00 (5/1).
Grammy Awards Betting Explained
Our tips and the information alone can be a foundation for some excellent profits, but a more advanced betting strategy will serve you in the long run. Moreover, you can apply it to every one of the 91 categories, as the principles we are about to lay out can work just about everywhere. Read on to see how the commercial success, music genre, and attendance influence your next bet on the Grammys.
Look into the Chart Performance
The main difference between Grammys and other awards like the Oscars is that commercial success matters. So, if an album receives great reviews but performs poorly on the charts, it will unlikely win an award.
Grammy bookmakers are also aware of that and adjust odds on sales, but you can get an advantage if you check the Billboard and place your bet early.
Music genre matters
The untold rule of Grammys is that typically, rap and rock albums will not win any major award. Pop artists have the upper hand here, and you can confirm it with the competition’s history. Adele, Bruno Mars and Taylor Swift have dominated the awards recently.
While exceptions like Kendrick Lamar exist, they do not happen often. Therefore, check the music style even if the Grammy betting odds seem exciting.
Check if the artist will show up
Attending the show will give the nominee a much higher chance of winning. Of course, that alone does not guarantee a prize, but not showing up is almost a direct elimination. That happens to avoid the awkwardness of not giving the trophy to the winner himself.
It is also because the award moment looks cool on TV. Since it is impossible to know weeks before who will attend the ceremony, you should wait if you have any doubts about your Grammy betting picks.
Also Read: BAFTAs Bookmakers.
Grammy Awards Betting Offers
Now that you have everything at hand, let’s see how you can make the most of your picks. One of the best ways to do it is by getting a bonus, which will likely be a Free Bet or Enhanced Odds on the Grammys, as it happens for other awards, and you can check it, for example, in our Best Emmys bookmakers.
In the case of the former, let’s consider you want to bet on ‘’Mr. Morale and the Big Steppers‘’ by Kendrick Lamar to win the Album of the Year award. Since it is an underdog, a Free Bet of $/€10 could entice more players to take it.
And with Enhanced Odds, even a favourite like ‘’Easy On Me’’ by Adele can get a boost in Grammy betting prices. Because there is only a handful of sportsbooks running Grammy promos, we have listed similar and updated betting offers.
A Grammy is the most coveted prize in the global music industry. The awards ceremony grabs the attention of many viewers, and naturally, the same happens with the betting audience. You can choose among a handful of bookies to bet on each of the most popular categories.
Despite the global overreach of the Grammys, there is a limited amount of sites including them. Pick any of the Grammy bookmakers we shortlist, and you will come across high odds, a wide range of markets and several bonuses.
Firstly, read our tips and description of the main categories thoroughly. Afterwards, you can review other factors dictating the awards. Examples are the music genre (pop being favoured) and commercial performance.
The show this year will take place on February 4, 2024, at the Crypto.com Arena in Los Angeles.