
How the Best Picture Preferential Ballot Works, and Why It Rewards Admiration
Since the field expanded, the Academy's ranked-choice count has favored the film fewest voters dislike — a different contest from most votes.
Awards follows the season end to end: fall festival launches, campaign budgets, screening circuits, guild precursors, branch voting rules and the preferential ballot math deciding Best Picture. Predictions get argued rather than asserted. Written for voters, publicists and viewers who treat the race as a competitive event.
The full awards run: fall festival launches, campaign spending, guild precursors, branch voting rules and the arithmetic of a preferential final ballot.

Since the field expanded, the Academy's ranked-choice count has favored the film fewest voters dislike — a different contest from most votes.

A ranked-choice system, not a simple vote count, decides who wins Best Picture -- here is the mechanism the Academy of Motion Picture Arts and Sciences actually runs.