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- 2025 Nobel Literature Prize winner announced Thursday, October 9
- Can Xue and László Krasznahorkai joint 10/1 favourites in latest odds
- Haruki Murakami, Cristina Rivera Garza, and Gerald Murnane also among frontrunners
Can Xue and Krasznahorkai Joint Favourites
The countdown is on to one of the most prestigious cultural announcements of the year, as the 2025 Nobel Prize in Literature is set to be revealed on Thursday, October 9 in Stockholm.
With speculation intensifying, the betting market has Can Xue and László Krasznahorkai joint favourites with bookmakers at 10/1, as literary circles prepare for the Swedish Academy’s next unpredictable selection.
The market remains finely balanced heading into Thursday’s announcement, with Xue, the Chinese avant-garde writer known for her surrealist storytelling, maintaining strong support from punters.
Her novels The Last Lover and Frontier have established her as a modern visionary in world literature, and she has featured prominently in Nobel betting for several years.
Ladbrokes give full odds on the Nobel Literature Prize winner with a tight market still offered.
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Latest Nobel Literature Prize Odds
| Nobel Literature Prize 2025 Winner | Odds | Implied 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% |
Market Leaders
Hungarian novelist László Krasznahorkai, meanwhile, shares the favourite spot.
Renowned for his complex, philosophical prose and long, rhythmic sentences, he is best known for Satantango and The Melancholy of Resistance, both adapted into acclaimed films by Béla Tarr.
Krasznahorkai has previously won the International Booker Prize and is widely viewed as one of Europe’s greatest living authors.
A familiar name in Nobel discussions, Haruki Murakami (14/1) continues to attract attention in the market despite years of near misses.
Cristina Rivera Garza (16/1), the Mexican writer and historian, has emerged as a fresh contender thanks to her experimental works exploring identity and memory.
Spanish novelist Enrique Vila-Matas (16/1), famed for his playful, self-referential fiction, also remains in the conversation, while Australia’s Gerald Murnane (16/1) continues to command respect as a minimalist stylist often tipped as an under-the-radar Nobel pick.
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Where To Bet on the Nobel Literature Prize
Markets for the Nobel Literature Prize 2025 are open with leading UK betting sites offering odds on dozens of authors worldwide.
Punters can also claim free bets on cultural market specials.
For more coverage of awards, entertainment, and political betting, check our guide to the best entertainment betting sites.
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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