Paddy Power pays out on Foxx for Oscar

Bookie Paddy Power has this afternoon paid out on all bets for Jamie Foxx to win Best Actor at this weekend's Oscars.

Foxx, tipped to walk away with the Best Actor Oscar for his role in biopic 'Ray', had been backed in to a scorching 1/16 for the award, making him the hottest ever favourite to pick up the accolade.