2025 Nobel Literature Prize Odds: Can Xue and Krasznahorkai Joint Favourites

The 2025 Nobel Prize in Literature is up for grabs, and Ladbrokes make Can Xue and László Krasznahorkai joint favourites at 10/1. Explore the full odds and betting analysis.
2025 Nobel Literature Prize Odds: Can Xue and Krasznahorkai Joint Favourites
Jake Ashton
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I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.

  • 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.

2025 Nobel Literature Prize Odds

WriterOddsProbability
Can Xue10/19.1%
László Krasznahorkai10/19.1%
Haruki Murakami14/16.7%
Cristina Rivera Garza16/15.9%
Enrique Vila-Matas16/15.9%
Gerald Murnane16/15.9%
What the expert says...
Can Xue has topped this market for years, reflecting critical acclaim and her avant-garde style. But the Nobel committee is famously unpredictable, so someone like Cristina Rivera Garza at 16/1 could surprise.

Jake Ashton - Nobel Prize Expert - OLBG.com

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.

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