He finally won an Oscar for The Revenant back in 2016, but Leo's time may have come again.
Leading bookmaker Coral has revealed Leonardo DiCaprio is an early favourite to win the Academy Award for Best Actor at the 2020 Oscars ceremony.
DiCaprio has won rave reviews for his turn as struggling television star Rick Dalton in Once Upon a Time in Hollywood, the ninth film by iconic director Quentin Tarantino.
The movie star has been given 4-1 odds on winning his second Oscar at the ceremony.
"Leonardo DiCaprio finally won an Oscar back in 2016 at long last but he could be in line to add to his trophy cabinet at the 2020 Awards. We make him a 4-1 chance to win it for his role in Once Upon a Time in Hollywood," said Coral's Harry Aitkenhead.
"Tarantino's latest film has been all the rave and it is the early favourite to win the Best Picture award," added Aitkenhead.
Once Upon a Time in Hollywood is currently placed by Coral at odds of 3-1 to win Best Picture at next year's ceremony.
The film hasn't been without its controversies as Tarantino has come under fire from Shannon Lee, the daughter of acting legend Bruce Lee, for how her father is portrayed in the movie and she defending the "arrogant" portrait.
The cinematic outing also stars Brad Pitt as Dalton's stunt double Cliff Booth and Margot Robbie as real-life Hollywood icon Sharon Tate.
Once Upon a Time in Hollywood is out in UK cinemas now.
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