Awards season is now well underway, with The Brutalist and Emilia Perez the big winners at the Golden Globes earlier this month.
All eyes are now on the BAFTA Film Awards next month, with the shortlists released early this week and the ceremony scheduled for Sunday, February 16.
It’s seen as a major indicator of who will triumph at the Oscars, the world’s most prestigious film awards, which will be held on Sunday, March 2.
Here how the bookies’ rate the 12 nominees chances of winning the Best Actor and Best Actress Oscar when they are presented at the London’s Royal Festival Hall.

9. Marianne Jean-Baptiste
Marianne Jean Baptiste is Britain's best shot at a Best Actress winner for her role in Mike Leigh's 'Hard Truths'. She was previously nominated for Best Supporting Actress for Leigh's 'Secrets & Lies' but failed to win. She's a 3/1 shot to go one better this year. | Getty Images for AFI

10. Karla Sofia Gascan
Karla Sofia Gascon has become the first ever transgender actress to be nominated for an BAFTA after being shortlisted for her performance in Spanish-language film 'Emilia Pérez'. The musical crime comedy is about a cartel boss who fakes her own death and won the Jury Prize at the Cannes Film Festival. She's a 6/1 shot. | Getty Images

11. Saoirse Ronan
Perennial nominee (she's been nominated five times without winning) Saoirse Ronan looks like she'll be left waiting for at least another year for her BAFTA. She has long odds of 8/1 to win for her role in Hebrides-set addiction drama 'The Outrun'. | Getty Images for The Walt Disney

12. Cynthia Erivo
We're not sure what makes Cynthia Erivo the lead actress in blockbuster musical 'Wicked, while co-lead Ariana Grande is relegated to Best Supporting Actress. In any event, Erivo is the 10/1 outsider for the Best Actress BAFTA Award. | Getty Images for National Board