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Emma Roberts, S.J. Clarkson and Dakota Johnson at the world premiere Of Sony Pictures' "Madame Web" at Regency Village Theatre. Photo By: Billy Bennight / 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

MovieOddsImplied ProbabilityProfit on $10 Bet
Madame Web-13357.08%$7.52
Megalopolis+20033.33%$20
Winnie-the-Pooh: Blood and Honey 2+70012.50%$70
Jackpot!+11008.33%$110
Borderlands+11008.33%$110
Miller's Girl+14006.67%$140
Mea Culpa+14006.67%$140
Immaculate+14006.67%$140
This is Me Now+19005.00%$190
Bad Boys 4+19005.00%$190
Argylle+19005.00%$190
Lift+19005.00%$190
Unfrosted+19005.00%$190
No Way Up+24004.00%$240
If+24004.00%$240
Venom 3+34002.86%$340

(Odds updated Dec. 11 at 8 a.m. ET.)

Madame Web leading on Worst Picture odds

Yes, the favorite on the Golden Raspberry Awards Worst Picture odds list is 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 the -154 favorite 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 +700 odds to be awarded Worst Picture at the 2025 Razzies ceremony.

Meanwhile, Megalopolis slots in at +200 odds on the board, 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.

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).

Is a Madame Web Razzie victory inevitable?

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 payout on Madame Web. So which of the other (more lucrative) 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, but the +250 odds might just be the pick in this spot.

My Pick: Megalopolis (+200)

Razzies Worst Picture History

YearMovieStudioTomatometer
1980Can't Stop the MusicAssociated Film Distribution22%
1981Mommie DearestParamount Pictures48%
1982InchonMGM0%
1983The Lonely LadyUniversal Studios0%
1984BoleroCannon Films0%
1985Rambo: First Blood Part IITriStar Pictures, Carolco Pictures33%
1986Howard the DuckUniversal Studios13%
1986Under the Cherry MoonWarner Bros.38%
1987Leonard Part 6Columbia Pictures7%
1988CocktailTouchstone Pictures9%
1989Star Trek V: The Final FrontierParamount Pictures23%
1990The Adventures of Ford Fairlaine20th Century Fox25%
1990Ghosts Can't Do ItTriumph Releasing0%
1991Hudson HawkTriStar Pictures31%
1992Shining Through20th Century Fox41%
1993Indecent ProposalParamount Pictures34%
1994Color of NightHollywood Pictures22%
1995ShowgirlsMGM, United Artists23%
1996StripteaseColumbia Pictures, Castle Rock13%
1997The PostmanWarner Bros.14%
1998An Alan Smithee Film: Burn Hollywood BurnHollywood Pictures8%
1999Wild Wild WestWarner Bros.16%
2000Battlefield EarthWarner Bros., Franchise Pictures3%
2001Freddy Got Fingered20th Century Fox12%
2002Swept AwayScreen Gems6%
2003GigliColumbia Pictures, Revolution Studios6%
2004CatwomanWarner Bros.8%
2005Dirty LoveFirst Look Pictures6%
2006Basic Instinct 2MGM, C2 Pictures6%
2007I Know Who Killed MeTriStar Pictures9%
2008The Love GuruParamount Pictures13%
2009Transformers: Revenge of the FallenParamount, DreamWorks, Hasbro19%
2010The Last AirbenderParamount Pictures, Nickelodeon Movies5%
2011Jack and JillColumbia Pictures3%
2012The Twilight Saga: Breaking Dawn – Part 2Summit Entertainment49%
2013Movie 43Relativity Media5%
2014Saving ChristmasSamuel Goldwyn Films0%
2015Fantastic Four20th Century Fox9%
2015Fifty Shades of GreyUniversal Pictures, Focus Features25%
2016Hillary's America: The Secret History of the Democratic PartyQuality Flix4%
2017The Emoji MovieColumbia Pictures6%
2018Holmes & WatsonColumbia Pictures10%
2019CatsUniversal Pictures19%
2020Absolute ProofOne America News NetworkNA
2021Diana the MusicalNetflix12%
2022BlondeNetflix42%
2023Winnie-the-Pooh: Blood and HoneyAltitude Film Distribution, Jagged Edge Productions3%

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%.