Entertainment

Here's who's most likely to win the Oscars according to the experts

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the revenant DF 21699R_rgb final
This just might be Leonardo DiCaprio's year.  Kimberley French/20th Century Fox

The 88th Academy Awards will take place on February 28, and all bets are on. 

While conversation about the Oscars has focused on the lack of minority acting nominees, oddsmakers are already digging into the likely outcomes.

Gold Derby has compiled a list of expert predictions on who the night's big winners will be. "Spotlight" is projected to win best picture and Leonardo DiCaprio is set to win his first Oscar. 

These odds are likely to change as the Oscars get closer and more experts weigh in, so we'll update this list accordingly. You can find all of the odds here

Check out some of the frontrunners below: 

Best Picture

spotlight 1 final
Open Road Films

"Spotlight" 21/20
"The Revenant" 11/5
"The Big Short" 13/2
"Mad Max: Fury Road" 66/1
"The Martian" 66/1
"Room" 80/1
"Bridge of Spies" 100/1 
"Brooklyn" 100/1

Best Actor

the revenant fn01
Warner Bros.

Leonardo DiCaprio, "The Revenant" 1/10
Matt Damon, "The Martian" 40/1 
Michael Fassbender, "Steve Jobs" 50/1
Bryan Cranston, "Trumbo" 66/1
Eddie Redmayne, "The Danish Girl" 80/1

Best Actress

Jacob Tremblay and Brie Larson, Courtesy of A24 (2)
A24

Brie Larson, "Room" 2/13
Saoirse Ronan, "Brooklyn" 10/1
Cate Blanchett, "Carol" 50/1
Charlotte Rampling, "45 Years" 66/1
Jennifer Lawrence, "Joy" 80/1

Best Supporting Actor

Creed Movie
Warner Bros

Sylvester Stallone, "Creed" 8/13
Mark Rylance, "Bridge of Spies" 4/1
Mark Ruffalo, "Spotlight" 6/1
Tom Hardy, "The Revenant" 50/1
Christian Bale, "The Big Short" 66/1

Best Supporting Actress

rooney mara carol
The Weinstein Company

Rooney Mara, "Carol" 5/4
Alicia Vikander, "The Danish Girl" 5/4
Kate Winslet, "Steve Jobs" 12/1
Jennifer Jason Leigh, "The Hateful Eight" 66/1
Rachel McAdams, "Spotlight" 80/1

Best Director

George Miller Mad Max
Getty Images

George Miller, "Mad Max: Fury Road" 5/4
Alejandro G. Inarritu, "The Revenant" 21/10
Tom McCarthy, "Spotlight" 6/1
Adam McKay, "The Big Short" 12/1
Lenny Abrahamson, "Room" 100/1 

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Anjelica was a pop-culture reporter at INSIDER. Before that she was an entertainment intern at Business Insider. She graduated from Ohio University's Scripps College of Communication in May 2015 and watches far too much TV.