Nobel Prize Odds 2018

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The Nobel Prize is an annual award that is designed to acknowledge some of the greatest achievements by humanity. It’s also one of the oldest ceremonies of its kind with the first set of titles being announced in 1901 and in the modern day, Nobel Prizes are considered to be the pinnacle of achievement in their designated categories.

The Nobel Foundation was formed by Alfred Nobel and his family in 1900. Alfred Nobel was a Swedish scientist who invented dynamite and was the driving force behind the set of awards that was instigated a year later.

Fast forward over one hundred years and like most awards ceremonies, there is an active set of betting markets attached to Nobel Prizes. Awards are made at the end of each year and there is plenty of time left for speculation but the markets are open and there are some interesting ante post prices available so let’s get straight on and see what options we have.

Peace

The category that tends to get most media recognition is the Nobel Peace Prize. It’s an award that can resonate with all human beings on the planet and obviously there have been some very notable winners over the years.

US Presidents tend to feature with Barack Obama and Jimmy Carter two of the most recent winners while Nelson Mandela, Kofi Annan, Mikhail Gorbachev and Yasser Arafat have all taken the award since 1990. So, in a world that some believe is on the brink of a global conflict, who is in the frame for 2018?

Amidst a quiet set of markets, you can usually rely on Paddy Power to make light of this award and among a number of President Trump specials, the bookie has odds of 25/1 on Trump and Vladimir Putin to jointly receive the Nobel Peace Prize.

Beyond that, there is a host of Trump specials from Paddy including a market to decide who has the biggest Nuclear Button – the United States or North Korea. However, as far as the Nobel Peace Prize is concerned, that is your only option so far.

Literature

We mentioned that it’s early to be speculating on any Nobel Prize category but one area where there is a busy, and sensible set of prices, is in the world of literature. The declaring set of bookmakers comprise quite a small list as of January 2018 but this is where the good prices start to come in.

The favourite at the time of writing is NgugiWaThiong’o, a veteran Kenyan writer who is available at odds of 5/1 with both EnergyBet and Ladbrokes. NgugiWaThiong’o is 80 this year and famously spent 22 years in exile as a result of his political work but is happily restored and still very active in the world of literature despite his advancing years.

Second favourite right now is Haruki Murakami who is available at a top price of 8/1 with EnergyBet and Ladbrokes once again. At 69, Murakami is another vastly experienced writer with a big body of work behind him and he has won a host of other writing awards, notably the Franz Kafka Prize in 2006.

With bestsellers in his native Japan, alongside millions of sales worldwide, he looks to be a strong challenger to the market leader.

In third place at 10/1 with Ladbrokes and EnergyBet is Margaret Atwood, the Canadian poet and novelist who was first published way back in the early 1960s. Behind these three, the market starts to thin out.

Chasing Pack

As far as the bookmakers are concerned, there are eight names in contention for the Nobel Prize for Literature. Behind the three that we’ve already mentioned, Javier Maras, Philip Roth and Ko Un are all available at 16/1 with Ladbrokes and EnergyBet while Martin Amis and Salman Rushdie can be picked up at 50/1 with the same two bookmakers.

In all five cases, this isn’t necessarily set to be the most active 12 months for the individual authors in question but the award does also take an element of longevity into account so we certainly shouldn’t be ruling anyone out at this stage.

Betting Options

There are six Nobel Prize categories in total and along with the two that we’ve considered – Peace and Literature – awards are given for Physics, Chemistry, Medicine and Economic Sciences.

As of January 2018, there are no markets for the remaining four and while this may change, we don’t expect too many bookmakers to cover the more obscure of those categories. We should, however, see more outlets getting involved with Peace and Literature in the months that lie ahead so you could hang on to see who else declares or, you could take advantage of some of the excellent prices that are already out there.

Verdict

We’ll leave the President Trump markets to one side for now because, while there is some remote possibility that the Peace prize is within his grasp in the future, it’s unlikely to happen in 2018 and there are more pressing options to consider at the moment.

Therefore, with other markets still to come in, we’ll focus for now on the prize for literature which has a number of nicely priced nominees. Much could depend on what happens in terms of sales and new, published work in the weeks and months that lie ahead but we have a very logical favourite at the head of the betting.

NgugiWa Thiong’o’s story is an incredible one as an author and political exile but there is no hint of a sympathy vote here. At the age of 80, he has a long body of work behind him despite that exclusion that saw a barren period of 20 years.

Sales of his work back up his position as the market leader so this is one bet where we aren’t going to argue with the bookmakers and would therefore suggest the following tip for this year’s Nobel Prize Awards.

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