Ok, it's not that big of a deal to bet your house... when you have 7 of them (not confirmed he owns 7).
Lady Gaga has been nominated for the Academy Award for Best Original Song for “Shallow, along with her collaborators on the tune, Mark Ronson, Anthony Rossomando and Andrew Wyatt. Well, there’s one person who is convinced the group will win the award – Elton John.
In case you missed it, Elton is so convinced that “Shallow” will take home the award, during an interview with Ronson on his Apple Music show he placed a huge bet on the outcome. "And I bet my house that you're going to win the Oscar, so make room for it,” he told Mark. “I don't want to jinx it, but I guarantee you you're going to win an Oscar."
So, why does Elton think Gaga and Mark will win? He explains, “Hello, have you seen the competition? No, forget it.”