Kevin O'Leary Sparks $100M Oscar Best Actor Betting Surge on Chalamet and Jordan

Kevin O'Leary placed a $1,000 bet backing Timothée Chalamet for Best Actor at the 2026 Oscars on the Kalshi platform. This high-profile wager helped fuel a rapidly growing betting market now exceeding $100 million, especially after Michael B. Jordan's SAG win shifted odds and trading interest between the two actors. Observers will watch how betting volumes evolve as Oscars approach and how this impacts fan and industry expectations around the race.