Historical drama "12 Years a Slave" won Best Picture at the 86th Academy Awards. So basically for the second year in a row, the "Best Picture" is given to a movie with American history behind it while the more entertaining, better film did not win.
It wasn't a total loss for "Gravity" as the space drama won 7 Oscars (the most for the night) including Best Director for Alfonso Cuaron. In a boring night without too many shocks, almost everything went according to script. As widely expected, Matthew McConaughey won Best Actor for "Dallas Buyers Club", Cate Blanchett was named Best Actress for "Blue Jasmine", Jared Leto won Best Supporting Actor for "Dallas Buyers Club", and Lupita Nyong'o won Best Supporting Actress for "12 Years a Slave".
Now I can understand why "12 Years a Slave" won Best Picture but by then I was hoping for some/any surprises. The whole show was so boring that even host Ellen DeGeneres and her selfie (is it still a selfie if it was taken by Bradley Cooper?) that took down Twitter couldn't save it.
In short; expected wins = boring show.