To win a Screen Actors Guild Award is one of the most prestigious accolades an actor or actress can receive in their career. 2012 has given us some fantastic films, so the competition is even more fierce. We can all speculate but what do the bookies have to say? Paddy Power have compiled their odds, and here they are.

Daniel Day-Lewis is leading the pack for the coveted prize of Best Actor, with odds of 4/11. Having received almost unanimously positive reviews for his performance in Lincoln, this is no real surprise. He's beating competition of Flight's Denzel Washington at 4/1, Hugh Jackman in Les Miserables, at 6/1, The Sessions' John Hawkes at 7/1, and dragging a little way behind with 14/1 is Bradley Cooper for his role in Silver Linings Playbook. 

Silver Linings Playbook is doing considerably better for the prize for Best Actress, as Jennifer Lawrence is the favourite to win it for her role in the film, with pretty good odds of 8/15. Jennifer Chastain, who has also been praised very highly for her role in Zero Dark Thirty is the second favourite with odds of 7/4. Marion Cotillard has odds of 8/1 for her role in Rust and Bone, which is the film's only recognition in the nominations. Helen Mirren in Hitchcock has 14/1 odds, and Naomi Watts is bringing up the rear for her role in The Impossible. 

In the other categories, favourites look a little something like this: Best Supporting Actor is expected to be Philip Seymor Hoffman in the Master (4/5) and the favourite for Best Supporting Actress with odds of 4/6 is Anna Hathaway in Les Miserables. Les Miserables' entire cast is the favourite for Outstanding Performance By A Cast In A Motion Picture at 11/8. For the awards in Television, Homeland is leading the pack by a long way, with Best Ensemble Cast (13/8), Best Actor in a Drama with Damien Lewis (4/6) and the joint favourite alongside Downton Abbey's Michelle Dockery, Clare Danes, for Best Actress in a Drama.

While there a very few surprises, Paddy Power was slightly confused about one elision from the list: "It has been a good year for British nominations, but the big question is where's Joaquin? For some time Phoenix has been one of the favourites to land Best Actor at the Oscars, but this snub hints otherwise."