The Academy Awards are set to take place on March 12, 2023, at the Ovation Hollywood – previously known as the the Dolby Theatre at Hollywood & Highland Center.
Talk show host Jimmy Kimmel will be hosting the ceremony for a third time, previously taking on the job in 2017 and 2018.
The nominations were revealed this week by British actor and rapper Riz Ahmed and M3gan star Allison Williams, after months of speculation about who will – and won’t – make the cut.
As ever, the shortlists will be subject to fierce debate amongst film fans, while the bookies have been busy working out which films have the best chance of taking home gongs.
Here are the odds for all 10 shortlisted Best Picture nominees – from most likely to win, to least likely.

5. Elvis
Baz Luhrmann's glitzy biopic of Elvis Presley may have divided the critics, but Oscar-nominated Austin Butler's central performance has been widely praised - proving enough to get the film shortlisted. It has odds of 20/1 to win. Photo: Contributed

6. All Quiet On The Western Front
After receiving 14 nominations at the Baftas, German language film All Quiet On The Western Front is continuing its run of awards love by being the only film not in the English language to be up for the Best Picture Oscar. It's the second time a film based on the classic book has been shortlisted. It's 33/1 to win. Photo: Contributed

7. Avatar: The Way of the Water
James Cameron's 'Avatar: The Way of the Water' is the sequel to the most successful film in the history of cinema and has already made a remarkable $2 billion at the box office. It is 33/1 to win Best Picture at the Academy Awards. Starring Zoe Saldana, Sam Worthington, Kate Winslet and Sigourney Weaver, it takes us back to the planet of Pandora, which is facing a new threat. Photo: Contributed

8. Tar
Cate Blanchett is red hot favourite to win the best actress gong for her performance in Todd Field's Tar. Set in the international world of Western classical music, the film centers on Lydia Tár, the first-ever female music director of a major German orchestra and is priced at 40/1 to win best picture. Photo: Contributed