Golden Raspberry Awards Odds: Who Will Take Home the Worst Picture Razzie?

The Golden Globes and Oscars get most of the fanfare, but let's not ignore the Razzies. Dave Crowley breaks down the contenders for Worst Picture, highlighted by a Spider-Man franchise whiff and a Francis Ford Coppola stinker.
Francis Ford Coppola during a ceremony in which he receives the Order of the Pine, the highest honor of the Government of the State of Parana, at the Iguacu Palace in Curitiba. Photo By: Robson Mafra / AGIF / Sipa USA.

The Golden Raspberry Awards are handed out annually to the worst cinematic efforts of the previous year – they’re the opposite of the Academy Awards, with ‘winners’ receiving Razzies instead of Oscars.

To that end, one of the best online sportsbooks has compiled an odds market listing the top contenders to claim the award for Worst Picture of 2024, with the nominations expected to come out in January. And anyone who has been paying attention to movie reviews for the past dozen months won’t be surprised who the oddsmakers at Betano have listed as the favorite on the Worst Picture odds list.

Razzies 2024 Worst Picture Winner

Movie Odds Implied Probability Profit on $10 Bet
Megalopolis -167 62.55% $5.99
Madame Web +250 28.57% $25
Winnie-the-Pooh: Blood and Honey 2 +900 10.00% $90
Jackpot! +1100 8.33% $110
Borderlands +1100 8.33% $110
Miller's Girl +1400 6.67% $140
Mea Culpa +1400 6.67% $140
Immaculate +1400 6.67% $140
This is Me Now +1900 5.00% $190
Bad Boys 4 +1900 5.00% $190
Argylle +1900 5.00% $190
Lift +1900 5.00% $190
Unfrosted +1900 5.00% $190
No Way Up +2400 4.00% $240
If +2400 4.00% $240
Venom 3 +3400 2.86% $340

(Odds updated Dec. 30 at 9 a.m. ET.)

Megalopolis leading on Worst Picture odds

Megalopolis has surged in front as the -167 favorite, with the long-anticipated Francis Ford Coppola film arriving with a 45% score on Rotten Tomatoes and a whimper at the box office. Not the greatest showing from the vaunted director of The Godfather, The Conversation, and Apocalypse Now.

Megalopolis recently overtook now-runner-up Madame Web, yet another entry in the stumbling Sony Spider-Man Universe which of course does not actually feature Spider-Man. Starring Dakota Johnson as Madame Web along with Sydney Sweeney, Isabela Merced, and Celeste O’Connor, the movie became a Worst Picture contender from the moment its first trailer came out.

Madame Web went on to receive an ugly 11% score on Rotten Tomatoes and subsequently bombed at the box office, and that level of failure has it listed as a +200 contender to claim the Worst Picture Razzie at the sportsbook. However, note that the previous movie in the Sony Spider-Man Universe, 2022’s Morbius, was also poorly reviewed (15% on Rotten Tomatoes) but it ended up losing the Worst Picture award to Ana de Armas’ Marilyn Monroe biopic Blonde at the Golden Raspberry Awards for that year.

Can Winnie-the-Pooh repeat its Razzie success?

Last year’s Razzie for Worst Picture went to Winnie-the-Pooh: Blood and Honey, a horror parody of the popular children’s character made possible when the original 1926 book fell into the public domain. Reviews were not kind – it sits at 3% (not a typo) at Rotten Tomatoes – but it did manage to gross over $7 million on a budget of just $100,000.

That box office success got a sequel rushed into production, and Winnie-the-Pooh: Blood and Honey 2 came out this past March to an improved 46% score on Rotten Tomatoes. Still, the movie sits at +900 odds to be awarded Worst Picture at the 2025 Razzies ceremony.

Other films expected to fight for the Worst Picture award next March include Tyler Perry’s Mea Culpa (+1400), Jerry Seinfeld’s Unfrosted (+1900), and yet another Sony Spider-Man Universe movie, Venom: The Last Dance (+3400). Unfrosted sits at 40% at Rotten Tomatoes, well ahead of Mea Culpa at just 18%. Perry’s A Madea Family Funeral was nominated as Worst Picture for 2019, but it ended up losing to Cats.

As for Venom: The Last Dance, the trilogy-capper is at 41% at Rotten Tomatoes, with the first movie in the series having scored 30%, and the second at 58%. Neither of those movies got a Worst Picture nod.

Rounding out Worst Picture Razzie odds list

Elsewhere on the list, Sweeney has another entry with Immaculate (+1400), but that was actually decently reviewed at 71% at Rotten Tomatoes. Matthew Vaughn’s Argylle (+1900) featured stars like Henry Cavill and Bryce Dallas Howard but ended up at 33% at Rotten Tomatoes. Miller’s Girl (+1400), Lift (+1900), No Way Up (+2400), and If (+2400) are considered Worst Picture contenders as well, along with Jennifer Lopez’s This is Me Now (+1900) and the fourth Bad Boys movie, Bad Boys: Ride or Die (+1900).

Who will take home the Worst Picture Razzie?

Madame Web was a high-profile flop, with a big marketing campaign that included poor Johnson going on practically every show on TV to promote the movie. Still, the fact that the adjacent Morbius failed to claim the Worst Picture award despite being equally terrible gives us pause, especially with the low (though slightly improved) payout on Madame Web. So which of the other contenders makes sense as the pick?

A +1900 wager on Argylle looks to be worth considering due to the massive gap between the quality of its director and cast and the quality of the movie they produced. However, it’s hard to ignore how badly Megalopolis flopped, with its large budget and its legendary filmmaker. Piling on Coppola, who is now 85 years old, seems cruel after his film’s performance, and while the +250 opening odds are long gone, this is still my preferred play.

My Pick: Megalopolis (-167)

Razzies Worst Picture History

Year Movie Studio Tomatometer
1980 Can't Stop the Music Associated Film Distribution 22%
1981 Mommie Dearest Paramount Pictures 48%
1982 Inchon MGM 0%
1983 The Lonely Lady Universal Studios 0%
1984 Bolero Cannon Films 0%
1985 Rambo: First Blood Part II TriStar Pictures, Carolco Pictures 33%
1986 Howard the Duck Universal Studios 13%
1986 Under the Cherry Moon Warner Bros. 38%
1987 Leonard Part 6 Columbia Pictures 7%
1988 Cocktail Touchstone Pictures 9%
1989 Star Trek V: The Final Frontier Paramount Pictures 23%
1990 The Adventures of Ford Fairlaine 20th Century Fox 25%
1990 Ghosts Can't Do It Triumph Releasing 0%
1991 Hudson Hawk TriStar Pictures 31%
1992 Shining Through 20th Century Fox 41%
1993 Indecent Proposal Paramount Pictures 34%
1994 Color of Night Hollywood Pictures 22%
1995 Showgirls MGM, United Artists 23%
1996 Striptease Columbia Pictures, Castle Rock 13%
1997 The Postman Warner Bros. 14%
1998 An Alan Smithee Film: Burn Hollywood Burn Hollywood Pictures 8%
1999 Wild Wild West Warner Bros. 16%
2000 Battlefield Earth Warner Bros., Franchise Pictures 3%
2001 Freddy Got Fingered 20th Century Fox 12%
2002 Swept Away Screen Gems 6%
2003 Gigli Columbia Pictures, Revolution Studios 6%
2004 Catwoman Warner Bros. 8%
2005 Dirty Love First Look Pictures 6%
2006 Basic Instinct 2 MGM, C2 Pictures 6%
2007 I Know Who Killed Me TriStar Pictures 9%
2008 The Love Guru Paramount Pictures 13%
2009 Transformers: Revenge of the Fallen Paramount, DreamWorks, Hasbro 19%
2010 The Last Airbender Paramount Pictures, Nickelodeon Movies 5%
2011 Jack and Jill Columbia Pictures 3%
2012 The Twilight Saga: Breaking Dawn – Part 2 Summit Entertainment 49%
2013 Movie 43 Relativity Media 5%
2014 Saving Christmas Samuel Goldwyn Films 0%
2015 Fantastic Four 20th Century Fox 9%
2015 Fifty Shades of Grey Universal Pictures, Focus Features 25%
2016 Hillary's America: The Secret History of the Democratic Party Quality Flix 4%
2017 The Emoji Movie Columbia Pictures 6%
2018 Holmes & Watson Columbia Pictures 10%
2019 Cats Universal Pictures 19%
2020 Absolute Proof One America News Network NA
2021 Diana the Musical Netflix 12%
2022 Blonde Netflix 42%
2023 Winnie-the-Pooh: Blood and Honey Altitude Film Distribution, Jagged Edge Productions 3%

Golden Raspberry Awards FAQs

Who votes on the Razzies?

Paid members of the Golden Raspberry Award Organization are eligible to vote on the awards; according to the Golden Raspberry Awards Wikipedia page, that group numbers more than 650 people spread across 19 countries.

When are the Razzies awarded?

The 44th annual Golden Raspberry Awards will be handed out the week before the Oscars; no location has been confirmed yet.

Who won the 2023 Razzie Award for Worst Picture?

Winnie-The-Pooh: Blood and Honey was last year's recipient for Worst Picture, securing a Rotten Tomatoes "Tomatometer" score of 3%.

What is the highest rated movie to win the Razzie Award for Worst Picture?

The Twilight Saga: Breaking Dawn – Part 2 owns the distinction of having the highest Tomatometer rating of any Worst Picture recipient, coming in at a respectable 49%.