Favorite to Win Nobel for Literature Is ... Bob Dylan?
So say the betting gurus at Ladbrokes
By John Johnson, Newser Staff
Posted Oct 5, 2011 4:00 PM CDT
Bob Dylan performs with his band in Beijing in April.   (AP Photo)

(Newser) – A lot of people are apparently pushing for Bob Dylan to win the Nobel for literature tomorrow. As far-fetched as it sounds, the British-based betting company Ladbrokes says the odds of Dylan winning have plunged from 100:1 to 5:1 in the last 24 hours, reports the Guardian. "Everything now points to Dylan taking the prize," says a spokesman. Before rushing to your bookie, however, the Atlantic Wire offers a dose of reality:

"It's likely Dylan's rise is just a magnified version of the natural movement all point spreads and fixed-odds experience as more and more gamblers place their bets," writes Ray Gustini. "Bookmakers adjust their odds based on the amount of action a bet receives, not who they think the most likely winners are." People are just betting on the name because they see other people betting on the name. Thomas Pynchon, meanwhile, is 20:1.

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Showing 3 of 9 comments
Oct 6, 2011 8:29 AM CDT
Hey obama was given one of these useless pieces of crap proving it truly stands for less than nothing anyway.
Oct 5, 2011 11:45 PM CDT
SURELY Dylan will get such a much-deserved Nobel for lit---unless, of course, they want to give it to Justin Beaver (as my wee ones call him) for anticipated contributions to literature.
Oct 5, 2011 11:44 PM CDT
My favorite was Lay Across my Big Brass Bed. So sensual! What do you think?