Jared Leto has been named as a favourite to receive an Oscar for his role in Dallas Buyers Club, but he doesn't think he has a chance of winning.

The 30 Seconds to Mars frontman has been tipped for Academy Awards success for his role in Dallas Buyers Club - in which he plays a transsexual AIDS sufferer opposite Matthew McConaughey and Jennifer Garner - but he doesn't think he will be accepting the award.

Speaking to E! News the 41-year-old actor said: ''It's nuts. They don't give Oscars to people like me!''

It has been four years since the star's last acting role in 2009's Mr. Nobody and Jared joked he was shocked he could still act.

He said: ''I hadn't made a film in so long, I'm lucky I remembered how to act, to tell you the truth.

''I just dove in deep and did that best that I could.''