St. John's, Antigua -- The Oscars translate into big business for the movie industry, but average Joes and Janes can certainly make some money off of the awards.

Just minutes after Oscar nominations were announced yesterday, bookmaking clubs announced the betting odds on this year's winners.

Oddsmakers at Intertops.com, Betwwts.com and Ladbrokes all pick "Return of the King" as the favorite to win Best Picture, with slightly varying odds, from 1-to-2, 2-to-7 and 1-to-3 respectively.

But if you like a long shot, Intertops is offering 15-to-1 "Seabiscuit" will cross the finish line, Ladbrokes gives 100-to-1 odds the old nag will win, and Betwwts picks" Master and Commander" at 25-to-1.

If you want to clean up on this year's big loser, Intertops picks J.Lo and Ben Affleck's flop "Gigli" as the 1 to 4 favorite to win the dubious "Razzie" award for Worst Picture.

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