Oscars 2013 Preview: Winners, Losers and Upsets

Chris Connelly previews the Academy Awards ceremony.
2:45 | 02/24/13

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Transcript for Oscars 2013 Preview: Winners, Losers and Upsets
Now we turn to george to hollywood stars, the oscars tonight. One of the most interstaining things to do is to guess who will win. Especially if you help from an insider. That happens to be abc's chris connelly. Good morning to you, chris. Reporter: Good morning to you guys. Behind me, you see the gorgeous red-carpet staircase. How did they vote? There are so many award shows now. Sally field referred to it as growing like a fungus. We'll know how oscar will decide. But we don't. The oscar votes are all in. But instead of pouring over exit polls and network projections we're still able to imagine an underdog coming out on top. Does "silver lining playbook" have a chance to upset the best picture favorite "argo"? You bet. Tonight's big ceremony could feature technical oscars early for "life of pi." I'm friends with sally field. Pretty great life. Reporter: Having fun with her fellow nominees, jennifer lawrence remains the best actress favorite, yet some imagine the hard to wrapped gift for amour's emmanuelle riva? Now, what about naomi? A two-time nominee. It feels good. Reporter: Supporting actress lincoln's sally field could derail anne hathaway's dream. And while robert deniro may not seem like an underdog, he can wipe that smile off of tommy lee jones. It would be easier to jackhammer abe lincoln off of mount rushmore than daniel day-lewis for taking home theaward for best actor. Hugh jackman, first-time nominee of "les miserables." . Gets it. No actor playing an u.S. President has won an academy award. If daniel day lewis doesn't win the best actor, you'll hear the screams emanate to where you are.

This transcript has been automatically generated and may not be 100% accurate.

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