Sunday, September 21, 2014

Follow the Swedish money: Apparently betting on the Nobel Prize in Literature is a thing.




If it's been said once, it's been said a thousand times: You're not a degenerate gambler until you play the long odds and throw some cash on Margaret Atwood winning a Nobel.

With the announcement of 2014's Nobel Prizes coming up in October, apparently one can lay some money on the outcome of who the next Laureate in Literature will be. And it's not just a recent phenomenon either. As Alex Donahue, spokesperson for Ladbrokes--the UK's leading gambling site--tells The Guardian, "We've been taking bets for this year from the day of the announcement last year," when Alice Monroe was announced as the Nobel winner.

Favorites to win aren't just randomly assigned odds. As Donahue states, it's all about how the Swedes are betting, as they have their fingers on the pulse of momentum. "It's always worth following the Swedish money and at this stage the one they like is Ngugi wa Thiong'o," said Donahue, referring to the famous Kenyan writer who was arrested in 1976 on orders by the country's vice president for creating uncensored political messages. Ngugi would end up writing one of his future novels, Caitaani mũtharaba-Inĩ (Devil on the Cross), on prison toilet paper while spending a year behind bars.

Ngugi might have momentum with a betting line at 6/1, but he still doesn't have the best odds. Those go to Haruki Murakami at 5/1. Others in the realm of potential include Joyce Carol Oates at 12/1, Philip Roth at 16/1, Thomas Pynchon at 25/1, Don Delillo at 25/1, and Margaret Atwood at 33/1. The likes of Salman Rushdie, Cormac McCarthy, and even that plagiarizing literary sage Bob Dylan bring up the betting odds rear at 50/1.

Dylan's odds, according to Donahue, are based off two bets that came in from Sweden.

Hell, if that's all it takes, I'll find two Swedish guys named Bjorn and Henrik to lay $5 on me and call myself a Nobel contender.




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