Taking Bets on the Nobel Prize

By posted at 12:00 pm on September 5, 2013 4

Popular bookmakers Ladbrokes have announced their opening odds for the 2013 Nobel Prize in Literature. Smart money seems to favor Haruki Murakami, who would surely take the prize if it depended on recent book sales. Meanwhile the next two favorites are Joyce Carol Oates (6/1) and Hungarian author Péter Nádas (7/1). All signs point to this being another year of disappointment for Philip Roth’s fans – his odds of winning stand at 16/1.

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4 Responses to “Taking Bets on the Nobel Prize”

  1. Michael Schein
    at 2:31 pm on September 5, 2013

    None of these people will win. For years they’ve picked an obscure writer that no one actually likes to read.

  2. Nick Moran
    at 2:34 pm on September 5, 2013

    That’s the thing about betting that everybody always forgets: the odds are less about who they expect to win than they are about who they expect people to bet on.

  3. Tom Beshear
    at 3:18 pm on September 6, 2013

    I think Transtromer emerged as a betting favorite shortly before he won the prize, but that’s pretty rare. Yeah, the betting line is more a reflection of the bettors than anything else.

    If I were on the Nobel committee, I’d pick Vollmann to send the national security state a message in the wake of his Harper’s article. It’d be mischevous, but why not?

  4. Stephen Diviani
    at 6:59 am on September 21, 2013

    I’d like to see Aharon Appelfeld win.

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