Box office The film opened in 473 theaters and grossed a record opening weekend for Allied Artists of $2,727,084. The film earned rentals of $7.85 million in the United States and Canada. Robbins said "none of us ever made any money off that movie" due to the fact Allied Artists went into bankruptcy in 1980. "Too bad... because I think it was a great movie." In the
New York Daily News,
Rex Reed stated that "the temptation to compare
The Betsy with the
Edsel stretches from here to deadline, but this movie is so bad, so numbingly obtuse, so bloatedly pretentious and awesomely corny, no capsule put-down seems adequate. It's
The Damned, set in
Grosse Pointe. Or, as
Tennessee Williams might drawl, it's about 'a lotta things, honey—greed, lust, vice, homosexuality, incest, suicide, murder, and puttin' on airs.'" The film appears in a chapter of Harry and
Michael Medved's book
The Golden Turkey Awards titled "The Worst Films Compendium from A (
The Adventurers) to Z (
Zontar: the Thing from Venus)". The Medveds wrote that "another Harold Robbins book bites the dust as a wretched, melodramatic film. Lord Laurence Olivier’s attempt at a
Texas twang is a hilarious flop, as is his incestuous relationship with his daughter-in-law, Katharine Ross." The film is also listed in
Golden Raspberry Award founder John Wilson's book
The Official Razzie Movie Guide as one of the 100 Most Enjoyably Bad Movies Ever Made.
The Betsy holds a 17% rating on
Rotten Tomatoes based on six reviews. == Notes ==