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2011 Oscars betting - The King's Speech to win Best Picture?

Colin Firth

The King's Speech has been well backed to win Best Picture at the Oscars

Coral have cut the film to 5/4 (from 7/4) to take the Best Picture award following support from punters.

Coral spokesman Gary Burton said on Thursday: "We took a dozen bets on the Oscars this morning and everyone was for The King's Speech.

"After the film's surprising win at the Producers Guild last weekend, the momentum is definitely with the British."

The Social Network remains the odds-on favourite at 4/7 (from 2/5).

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2011 Oscars betting - The King's Speech to win Best Picture?

The King's Speech has been well backed to win Best Picture at the Oscars.

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