The 89th Academy Awards air this Sunday, and though the golden envelopes have yet to be opened, the online gambling world has already chosen its winners. Punters believe movie-musical La La Land is set to win Best Picture and will edge Moonlight for the award. Last year's Oscar favorites won 16 of 24 awards, but viewers will have to tune in this weekend to find out how their 2017 bets fare. Read on to see the full list of nominees below, with odds-on favorites for each category in bold. Follow me on Twitter, check out Forbes Showbiz and tune in to Forbes.com for coverage this weekend.

Source: Forbes February 24, 2017 17:47 UTC