It’s that time of year again when the fans decide which individuals and events were best for 2013.

The “People’s Choice Awards 2014,” airing on Jan 8, 2014, will start the year with a bang after a season filled with great films, music, TV series and even greater men and women behind them.

Safe to say, it was another booming year for the entertainment industry.

For this article, we’ll take a look at the nominees for the “Favourite Actor” category. We’ll tackle other awards and categories when the betting lines become available.

As with any competition, there can only be one... Although the losers won’t really go home empty-handed— after all, these are Hollywood's A-list stars, the best and highest paid in the entertainment business, so another trophy won’t matter really.

But at the end of the day, they do matter to the fanboys and fangirls— after all, these are the most avid supporters— who will keep redefining the meaning of modern fandom by supporting their favourite artists anyway they can.

Then again, if you’re not an admirer of any of these actors and actresses, you can still partake in the action—that is, by wagering on the results of the pop awards event and win yourself some cool cash if your prediction is correct!

Here’s the simple formula for sports entertainment betting:

X (Amount of Bet) times Betting Odds = Total Payout

Some examples:

If a bettor wagers $100 on betting odds of 5.0, then that bettor gets a payout of $500 (or $400 winnings); if a bettor wagers $100 on betting odds of 20.0, then that bettor gets a payout of $2,000 (or $1,900 winnings!)

Betting odds and lines from bovada.lv:

“People’s Choice Awards 2014” – To Win Favourite Actor
Channing Tatum (5.0)
Hugh Jackman (5.5)
Johnny Depp (2.0)
Leonardo DiCaprio (8.5)
Robert Downey Jr. (4.0)

Captain Jack Sparrow at 2.0 is the slight favourite in the “Favourite Actor” category, although Iron Man (4.0), Wolverine (5.5) and Jenko (5.0) are not far behind. Jay Gatsby is the ultimate underdog at 8.0.

These are curious lines considering that Depp's lone release for 2013 is the flop "The Lone Ranger".

We're guessing that Depp is at the top of this list, not as "Tonto" but because of his popularity over the last few years; Depp has won the “People’s Choice Awards” Favourite Actor three straight times from 2009 to 2011 mainly because everybody likes Captain Jack.

Next in line is Downey, who snapped Depp’s three-year run as “Favourite Actor” by winning in 2012. “Iron Man Three” was released on April 14, 2013 and became the highest-grossing film for the year.

Completing the nominees (with their major films in 2013) in the “Favourite Actor” category are Jackman (“Prisoner” and “The Wolverine”), Tatum ("G.I. Joe: Retaliation", "White House Down" and "This is the End") and DiCaprio (“The Great Gatsby” and “The Wolf of Wall Street”).

Will the fans forget that Iron Man Three is the worst among the trilogy and vote Downey as the “Favourite Actor” for back-to-back titles? Or will the fans pick another Marvel superhero in Jackman or the teenage favourite in Tatum? Do note too that the underdog DiCaprio has still his Wall Street flick set for Christmas Day release; can it change the tide?

The full list of the “People’s Choice Awards 2014” can be found in the official site and voting is still open.