Denzel Washington Viola Davis
Denzel Washington and Viola Davis, pictured during BET Presents the American Black Film Festival Honors on Feb. 17, 2017 in Beverly Hills, California, both have a chance to win Oscars for their roles in “Fences.” Getty Images

There is sure to be plenty of drama Sunday night when the 89th annual Academy Awards take place at the Dolby Theatre in Hollywood, California. While it isn’t difficult to predict the winners in some categories, other have become much tougher to call in the weeks leading up to the event.

Sunday could belong to “La La Land,” which enters the 2017 Oscars with a record-tying 14 nominations. It is the favorite to win best picture, according to the latest betting odds, and “Moonlight” appears to be the only other real threat in the night’s biggest category. “Hidden Figures” was once considered a dark horse candidate, but its best picture odds have nearly doubled in the last few weeks.

“La La Land” director Damien Chazelle seems to have the award for best director all but wrapped up. Chazelle and Viola Davis, who is nominated for best supporting actress for her role in “Fences,” are the biggest favorites of the night.

The awards for best original screenplay and best foreign language film are the most difficult to call. “La La Land” and “Manchester by the Sea” have nearly the same odds for screenplay. “Toni Erdmann” was once a heavy favorite to win best foreign language film, but “The Salesman” has emerged as a potential winner.

Casey Affleck is still the favorite to win best actor, but Denzel Washington has gone from a relatively significant underdog to a real threat to win the award. Mahershala Ali will likely win best supporting actor for his role in “Moonlight,” but the category is no longer a one-man race. Dev Patel from “Lion” has some momentum, going from the category’s biggest underdog to a legitimate threat with the second-best odds.

Here are the latest betting odds for the biggest awards heading into the 89th Academy Awards, via

Best Picture

“La La Land” -700

“Moonlight” +500

“Hidden Figures” +1800

“Manchester by the Sea” +2000

“Fences” +6600

“Lion” +6600

“Hacksaw Ridge” +7500

“Arrival” +7500

“Hell or High Water” +12500

Best Actor

Casey Affleck (“Manchester by the Sea”) -160

Denzel Washington (“Fences”) EVEN

Ryan Gosling (“La La Land”) +2000

Andrew Garfield (“Hacksaw Ridge”) +4000

Viggo Mortensen (“Captain Fantastic”) +10000

Best Actress

Emma Stone (“La La Land”) -700

Natalie Portman (“Jackie”) +500

Isabelle Huppert (“Elle”) +800

Meryl Streep (“Florence Foster Jenkins”) +4000

Ruth Negga (“Loving”) +4500

Best Supporting Actor

Mahershala Ali (“Moonlight”) -700

Dev Patel (“Lion”) +600

Jeff Bridges (“Hell or High Water”) +1400

Michael Shannon (“Nocturnal Animals”) +1800

Lucas Hedges (“Manchester by the Sea”) +1800

Best Supporting Actress

Viola Davis (“Fences”) -3000

Michelle Williams (“Manchester by the Sea”) +800

Naomie Harris (“Moonlight”) +1500

Nicole Kidman (“Lion”) +3300

Octavia Spencer (“Hidden Figures”) +5000

Best Director

Damien Chazelle (“La La Land”) -3000

Kenneth Lonergan (“Manchester by the Sea”) +1000

Barry Jenkins (“Moonlight”) +1000

Mel Gibson (“Hacksaw Ridge”) +4000

Denis Villeneuve (“Arrival”) +5000

Best Adapted Screenplay

“Moonlight” -700

“Arrival” +700

“Hidden Figures” +700

“Lion” +1500

“Fences” +3300

Best Original Screenplay

“La La Land” -110

“Manchester by the Sea” -135

“Hell or High Water” +1600

“The Lobster” +4000

“20th Century Women” +6000

Best Documentary Feature

“O.J.: Made in America” -900

“13th” +450

“I Am Not Your Negro” +1600

“Fire at Sea” +2500

“Life, Animated” +5000

Best Animated Feature

“Zootopia” -600

“Kubo and the Two Strings” +300

“Moana” +1500

“My Life as a Zucchini” +6600

“The Red Turtle” +6600

Best Original Score

“La La Land” -1500

“Moonlight” +900

“Lion” +1200

“Jackie” +1500

“Passengers” +5000

Best Original Song

“City Of Stars” (“La La Land”) -750

“How Far I'll Go” (“Moana”) +600

“Audition/The Fools Who Dream” (“La La Land”) +800

“Can't Stop The Feeling” (“Trolls”) +2500

“The Empty Chair” (“Jim: The James Foley Story”) +4000

Best Visual Effects

“The Jungle Book” -500

“Rogue One: A Star Wars Story” +400

“Doctor Strange” +900

“Kubo and the Two Strings” +3300

“Deepwater Horizon” +3300

Best Cinematography

“La La Land” -500

“Lion” +300

“Arrival” +1000

“Moonlight” +2000

“Silence” +3300

Best Costume Design

“La La Land” -170

“Jackie” +120

“Florence Foster Jenkins” +1800

“Fantastic Beasts and Where to Find Them” +2500

“Allied” +5000

Best Foreign Language Film

“Toni Erdmann” (Germany) -125

“The Salesman” (Iran) +105

“A Man Called Ove” (Sweden) +700

“Land of Mine” (Denmark) +6600

“Tanna” (Australia) +6600