Will ‘Fargo’ the TV miniseries redeem ‘Fargo’ the movie at Golden Globes?

In 1996, the cult classic film “Fargo” was nominated for four Golden Globes and — wouldn’t’ya know? — it lost all of its bids: Best Comedy/Musical Film, Best Director (Joel Cohen), Best Screenplay (Joel and Ethan Coen) and Best Comedy Actress (Frances McDormand).

Almost two decades later, the FX miniseries adaptation by the same name is in the running for a series-high five Globes. Can it redeem the franchise in the eyes of the Hollywood Foreign Press Association? You betcha, according to Gold Derby’s exclusive racetrack odds.

Editors’ slugfest: Best TV of 2014 includes ‘Fargo,’ ‘Hannibal,’ ‘Shameless’ …

Let’s take a closer look at “Fargo’s” Golden Globes chances, nomination by nomination:

Best TV Movie/Limited Series: “Fargo
“Fargo” is the reigning Emmy champ for Best Miniseries, but it didn’t have to battle chief rival “True Detective” there because HBO campaigned for it as a Drama Series at the Emmys instead. With “Fargo” and “True Detective” now going head-to-head at the Globes, our odds-makers predict a close battle, but favor “True Detective” (5/6 odds to win) over “Fargo” (21/10 odds).

Best TV Movie/Limited Series Actor: Billy Bob Thornton and Martin Freeman
This may be one of the most stacked races in Globes history, as “Fargo” stars Thornton and Freeman face off against the two “True Detectives” — Matthew McConaughey and Woody Harrelson — as well as Mark Ruffalo (“The Normal Heart“). While our Experts, Editors and Users favor Thornton (12/1 odds) a bit higher than Freeman (50/1 odds), the man with the edge to win it all looks to be McConaughey (6/5 odds). However, since the Globes just rewarded him last year for “Dallas Buyers Club” over on the film side, might HFPA voters be looking to spread the wealth?

Best TV Movie/Limited Series Actress: Allison Tolman
One of 2014’s breakout stars, Tolman (25/1 odds to win) reaps a lead nod at the Globes after previously being nominated at the Emmys as a supporting star for “Fargo”; she lost that race to Kathy Bates (“American Horror Story: Coven“). Meta alert: Tolman’s chief rival at the Globes is none other than Frances McDormand (“Olive Kitteridge“) with leading 2/13 odds. Don’t forget, McDormand’s character in the film version of “Fargo” loosely inspired Tolman’s quirky character in the TV miniseries. Can we please ask HFPA voters to announce a tie in this category for Tolman and McDormand so that both leading ladies can take the stage together?

Best TV Supporting Actor: Colin Hanks
Hanks is somewhat of a surprise nomination here thanks to the Globes’ penchant for lumping together supporting players from all of television (miniseries, movies, dramas and comedies). But now that the hard part of receiving a nod is behind him, can Hanks actually win? Our predictors think it’s possible, as they currently have him in third place (16/1 odds to win), behind Matt Bomer (“The Normal Heart”) with 6/5 odds and Bill Murray (“Olive Kitteridge”) with 5/4 odds.

‘Fargo’ leads Golden Globe nominations for TV with five, ‘True Detective’ has four

Do you think “Fargo” will win the Golden Globe for Best TV Movie/Limited Series? Click here to enter your own predictions for this category and all of the Globes’ top races, or use our easy drag-and-drop menu at the bottom of this post to get started.

Your predictions determine our racetrack odds and you can keep editing them right up until the day of the ceremony. Top score wins $100. You score points based on how accurately you predict the winners (you get more points if you correctly predict a long-shot candidate before anyone else does), and if you’re one of our most accurate predictors, you’ll be included next year among our elite Top 24 Users and have even greater influence over our odds.

Below, watch our recent Q&A with Tolman.

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