77th Primetime Emmy Awards Odds: Severance and The Studio Set to Conquer the Emmys

The 77th Primetime Emmy Awards are nearly here! We examine the top contenders heading into this year's star-studded gala.

Jason Wilson - Betting Analyst at Covers.com
Jason Wilson • Betting Analyst
Jul 22, 2025 • 10:12 ET • 5 min read
Gwendoline Christie, Sarah Bock, Ben Stiller, Dichen Lachman, Adam Scott, Patricia Arquette, Zach Cherry, Britt Lower, Tramell Tillman, Dan Erickson, Olafur Darri Olafsson, Jen Tullock and Michael Chernus arrive at the 2025 PaleyFest LA .
Photo By - Imagn Images. Gwendoline Christie, Sarah Bock, Ben Stiller, Dichen Lachman, Adam Scott, Patricia Arquette, Zach Cherry, Britt Lower, Tramell Tillman, Dan Erickson, Olafur Darri Olafsson, Jen Tullock and Michael Chernus arrive at the 2025 PaleyFest LA .

The 77th Primetime Emmy Awards are fast approaching, and speculation is at a fevered pitch for which shows and actors will claim the most hardware on Sunday, September 14.

Let's break down the key categories for the 2025 Primetime Emmy Awards.

Odds to win Outstanding Drama Series

Series DraftKings
Severance -175
The Pitt +200
The White Lotus +1400
The Last of Us +1600
Andor +2500
Slow Horses +2800
Paradise +2800
The Diplomat +3500

Favorite to win Outstanding Drama Series 

Severance dominates the field with 27 nominations—the most of any show—spanning performance, writing, directing, and technical crafts. Its second season, especially the finale “Cold Harbor,” garnered widespread critical acclaim and water-cooler-type obsession among fans.

As such, it holds a commanding lead in Outstanding Drama Series odds, with only HBO Max's gritty hospital drama throwback The Pitt listed shorter than 14/1. And the Noah Wyle-led program could emerge victorious here, as it performed extremely well and delivered on the hook of Wyle returning to the genre that made him after he was on ER for 11 seasons.

Still, Severance is more of an out-and-out phenomenon, while seasons of The White Lotus and The Last of Us were far more polarizing. There are only two realistic options here, and Severance likely proves books right.

Odds to win Outstanding Comedy Series 

Series DraftKings
The Studio -130
Hacks +160
The Bear +1400
Nobody Wants This +1600
Shrinking +2000
Only Murders in the Building +2000
Abbot Elementary +2500
What We Do in the Shadows +4000

Favorite to win Outstanding Comedy Series

With 23 Emmy nominations, The Studio is the most-nominated freshman comedy in Emmy history. The Hollywood satire led by actor Seth Rogen, who also produced alongside longtime creative partner Evan Goldberg, is another feather in Apple's cap as the streamer looks to dominate the series categories.

It's an extremely funny, well-realized show that understands the world it inhabits and successfully lampoons it while also paying homage to cinema and the film industry (the irony of it being on Apple is not lost on me).

None of the other series in the category had the same kind of imprint this year, and while Hacks is closest on the board, I doubt it has the juice to win. At -130, that's a pretty solid value relative to other categories.

Odds to win Outstanding Lead Actor (Drama) 

Actor (Series) DraftKings
Noah Wyle (The Pitt) -215
Adam Scott (Severeance) +185
Pedro Pascal (The Last of Us) +1600
Gary Oldman (Slow Horses) +2000
Sterling K. Brown (Paradise) +2800

Favorite to win Outstanding Lead Actor (Drama)

While The Pitt is second to Severance in Outstanding Drama, Wyle is the leader in the clubhouse for Lead Actor. Obviously, Adam Scott could grab this amid a Severance sweep, but I expect voters to reward Wyle (and The Pitt) here as recognition of the show's overall quality.

Odds to win Outstanding Lead Actress (Drama) 

Actress (Series) DraftKings
Kathy Bates (Matlock) -245
Britt Lower (Severance) +210
Bella Ramsey (The Last of Us) +1600
Sharon Hogan (Bad Sisters) +2800
Keri Russell (The Diplomat) +2800

Favorite to win Outstanding Lead Actress (Drama)

Kathy Bates is the frontrunner for Outstanding Lead Actress (Drama) for Matlock as she winds down her acting career. At 77, she is the oldest nominee in the history of the category. Sure, it's a reboot of a beloved legal procedural, but she's injected it with life.

Bates has dominated other awards throughout the season, so it stands to reason that she has such a definitive lead. However, with Severance performing well otherwise, Britt Lower at +210 is an intriguing alternative, even if it seems unlikely.

Odds to win Outstanding Lead Actor (Comedy) 

Actor (Series) DraftKings
Seth Rogen (The Studio) -225
Martin Short (Only Murders in the Building) +250
Jeremy Allen White (The Bear) +1400
Adam Brody (Nobody Wants This) +1400
Jason Segal (Shrinking) +3500

Favorite to win Outstanding Lead Actor (Comedy)

Seth Rogen is winning this. His portrayal of movie studio executive Matt Remick was lauded for its comedic timing and overall wit. He's somehow sympathetic while also being a bumbling fool desperate to keep his career while also helping usher great art into the world (or trying to, at least).

Martin Short is beloved, and Jeremy Allen White has won this award in each of the last two seasons, but The Studio is one of the most heralded new shows airing right now, and Rogen is the driving force behind its success.

Odds to win Outstanding Lead Actress (Comedy)

Actress (Series) DraftKings
Jean Smart (Hacks) -900
Ayo Edebiri (The Bear) +650
Quinta Brunson (Abbott Elementary) +2200
Kristen Bell (Nobody Wants This) +2500
Uzo Aduba (The Residence) +3500

Favorite to win Outstanding Lead Actress (Comedy) 

It would feel like this category is stuck on the default setting if Jean Smart weren't so unbelievably good in Hacks. She's won this category in three of the last four years, ceding to Quinta Brunson in 2023 when Hacks was not eligible because it took a gap year. She's -900 for a reason, and she will prevail once again.

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Jason Wilson Covers.com
Betting Analyst

Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

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