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- Can Xue and László Krasznahorkai are joint 10/1 favourites with Ladbrokes for the 2025 Nobel Literature Prize.
- Popular long-time contender Haruki Murakami is priced at 14/1.
- Other contenders include Cristina Rivera Garza, Enrique Vila-Matas, and Gerald Murnane at 16/1.
Nobel Prize in Literature Betting Returns
As autumn approaches so does anticipation for the Nobel Prize in Literature which remains one of the most prestigious cultural awards in the world.
Each year, UK betting sites open markets on potential winners and the 2025 edition is no different.
According to Ladbrokes, perennial favourite Can Xue once again leads the betting market, sharing top spot with Hungarian novelist László Krasznahorkai at 10/1 apiece.
Japanese literary icon Haruki Murakami, a name that regularly dominates conversations around the Nobel, sits just behind at 14/1.
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2025 Nobel Literature Prize Odds
| Writer | Odds | Probability |
|---|---|---|
| Can Xue | 10/1 | 9.1% |
| László Krasznahorkai | 10/1 | 9.1% |
| Haruki Murakami | 14/1 | 6.7% |
| Cristina Rivera Garza | 16/1 | 5.9% |
| Enrique Vila-Matas | 16/1 | 5.9% |
| Gerald Murnane | 16/1 | 5.9% |
What the expert says...
Market Talking Points
- Can Xue: A perennial favourite whose experimental fiction has won global recognition.
- Krasznahorkai: Known for his dense, philosophical prose, with an international reputation matching previous Nobel winners.
- Murakami: A household name whose global popularity keeps him in contention despite the committee often favouring less mainstream choices.
- Rivera Garza & Vila-Matas: Spanish-language writers who could benefit if the Nobel seeks to spotlight Latin American and Iberian literature.
- Murnane: An outsider whose distinct style has earned him cult status in Australia.
Where To Bet on the Nobel Literature Prize
For those interested in backing their pick, Ladbrokes currently lead the way with a wide selection of cultural and entertainment markets.
Nobel Prize betting remains a niche but popular market on UK betting sites, and savvy punters can often find value among long-shot names.
Check out our guide to the best entertainment betting sites for more options, including free bets available to new customers.
18+ New UK+ROI Customers only. Certain deposit methods & bet types excluded. Min first £5/€5 bet within 14 days of account registration at min odds 1/2 to get 6 x £5/€5 free bets (selected sportsbook markets only, valid 7 days, stake not returned). Restrictions + T&Cs apply.
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