Oscars"The Hurt Locker" could bring home Best Picture -- but as far as the film's star is concerned, the odds are stacked against him.

According to BoDog.com, Jeremy Renner's odds of winning Best Actor are 12 to 1 -- nowhere near the 1 to 7 odds for "Crazy Heart" star Jeff Bridges ... who also narrows out George Clooney.

Sandra Bullock, "Locker" director Kathryn Bigelow, Mo'Nique and "Inglourious Basterds" star Christoph Waltz are all fairly safe bets too.

The only big toss up -- "Avatar" and "Hurt Locker" which have 4 to 7 and 4 to 5 odds, respectively.

Choose wisely.