Oscars 2012: Handicapping

BEST VISUAL EFFECTS

= Odds to Win

Life of Pi

"Life of Pi" is an adventure film directed by Ang Lee. Previous adventure films awarded in this category include "Raiders of the Lost Ark."

The Hobbit: An Unexpected Journey

"Hobbit" director Peter Jackson has directed four previous winners, including "King Kong" and all three "Lord of the Rings" films.

The Avengers

"The Avengers" is a superhero action film. Such films have been honored in the past, including nominations for "Batman Returns," "The Dark Knight," and the "Iron Man" films. "Spider-Man 2" won this award in 2004.

Prometheus

"Prometheus" is a big-budget sci-fi film. Such films frequently win this category. Director Ridley Scott has helmed previous winners in this category: "Alien" and "Gladiator."

Snow White and the Huntsman

"Snow White and the Huntsman" is a fantasy film. Previous winning fantasy films include "The Golden Compass," "What Dreams May Come," and "The Curious Case of Benjamin Button."

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