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- Can Xue has 20% chance of winning 2024 Nobel Literature Prize
- Jon Fosse won the 2023 Nobel Literature Prize
- Late Russian activist Alexei Navalny is odds-on to win this year's Nobel Peace Prize
Can Xue has 20% chance of winning 2024 Nobel Literature Prize
Can Xue remains the betting favourite to win the 2024 Nobel Literature Prize with betting sites continuing to offer odds ahead of the announcement of the prize later this year.
Deng Xiaohua, better known by her pen name Can Xue, had been favourite for the 2023 Nobel Literature Prize but the eventual winner was third favourite in the betting market, Jon Fosse.
12 months on though and it's Xue who leads the betting market once again with the latest odds giving an implied probability of 20% that she wins the award.
The will of Alfred Nobel states that the prize is awarded to “the person who shall have produced in the field of literature the most outstanding work in an ideal direction”.
| 2024 Nobel Literature Prize Winner | Odds | Probability |
|---|---|---|
| Can Xue | 4/1 | 20.0% |
| Gerald Murnane | 5/1 | 16.7% |
| Anne Carson | 8/1 | 11.1% |
| Lyudmila Ulitskaya | 8/1 | 11.1% |
| Mircea Cartarescu | 9/1 | 10.0% |
What the expert says..
Jon Fosse won the 2023 Nobel Literature Prize
Norwegian Novelist and Playwright Jon Fosse was awarded the 2023 Nobel Literature Prize with the prize announced last October for his works that “give voice to the unsayable.”
Fosse is arguably one of the world's most popular playwrights now with his work translated into more than 40 languages and last year's Nobel Literature Prize will have amplified his popularity.
The award giving for winning the Nobel Literature Prize is 11m Swedish Krona which loosely translates to around £824,000 with the prize money rising by 1m Swedish Krona.
Nobel Peace Prize Betting and Previous Winners
Late Russian activist Alexei Navalny is odds-on to win this year's Nobel Peace Prize
It's not just the Nobel Literature Prize that will be awarded later this year but the Nobel Peace Prize too with the late Russian activist Alexei Navalny odds-on favourite for the award.
Navalny's death was reported back in February with Russian accounts saying that the 47-year-old took a walk in the Arctic Circle prison where he was situated before collapsing and never regaining consciousness.
That has of course been questioned though with Navalny's widow Yulia Navalnaya saying that she has rejected the outcome around his death as preposterous.
Now Navalny is given a 66% chance of winning the 2024 Nobel Peace Prize posthumously later this year with the prize set to be announced in December.
| 2024 Nobel Peace Prize Winner | Odds | Probability |
|---|---|---|
| Alexei Navalny | 1/2 | 66.7% |
| Volodymyr Zelenskyy | 5/1 | 16.7% |
| Ilham Tohti | 6/1 | 14.3% |
| Sviatlana Tsikhanouskaya | 15/2 | 11.8% |
| International Court of Justice | 15/2 | 11.8% |
Current Affairs Author Contribution
Current Affairs Betting Expert
Jake Ashton
Senior News Editor
