Pro: Getting to play a dynamic, charismatic character in a Quentin Tarantino movie has certainly been beneficial for actors in the past. Just ask Samuel L. Jackson, Robert Forster and Christoph Waltz. Plus, goodwill for DiCaprio has been swirling for years as he's racked up three nominations in his time.

Con: Then again, he's been snubbed his fair share, too. Outstanding work in films like "The Departed" and "Shutter Island" went unnoticed and he was never really even in the conversation for Best Picture nominee "Inception." We also don't quite know what to make of Tarantino's western yet, or how co-star Christoph Waltz will figure into the picture.

- Kristopher Tapley