Cate Blanchett is the red hot favourite to take home the Golden Globe, despite competing against the elite Hollywood quartet of Sandra Bullock, Judi Dench, Kate Winslet and Emma Thompson.
Bookmakers have Blanchett at short-priced odds of 1/8 to win the dramatic actress Globe at Sunday's (Monday AEDT) star-studded award ceremony at the Beverly Hilton Hotel.
The Globes are one of the big indicators of who will win the Oscar at the March 2 Academy Awards.
Blanchett is nominated for her role in Woody Allen's drama-comedy Blue Jasmine.
The Australian actress plays a wealthy New York socialite who, when her husband is arrested, suddenly finds herself broke, disgraced and forced to live with her working-class sister in San Francisco.
Bullock, for Gravity, is Blanchett's closest rival at odds of 6/1 while Thompson, who plays Australian Mary Poppins author PL Travers in Saving Mr Banks, is third at 25/1, Dench (Philomena) is 33/1 and Winslet (Labor Day) is the 100/1 longshot.
In other Globe award categories, 12 Years a Slave is the favourite for dramatic picture, American Hustle is expected to win the comedy/musical award and Gravity's Alfonso Cuaron is the bookmakers' pick to take the directing gong.
In TV categories, the recently departed Breaking Bad is the favourite for best TV drama series and its star Bryan Cranston is the frontrunner to go out on top with the lead actor Globe.
The Globes are scheduled to begin 12.30pm AEDT on Monday.
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