Odds Against Obama Winning the Nobel? As High as 25-to-1
By Frank Ahrens
In addition to placing odds on sports, wagering establishments lay odds on nearly any activity that has at least two possible outcomes. Betting houses place odds on elections in America and around the world, the outcome of "American Idol," how "The Sopranos" would end and, yes, the Nobel Prizes. If people are willing to bet on something, odds will be laid and sports books will make money.
A favorite to win the peace prize was female Afghan human rights activist Sima Samar. She was installed as a 4-to-1 favorite to win the peace prize by Betzoo, a British betting site. British site Paddy Power also made Samar its favorite, at 9-to-2 odds. Paddy Power put Obama at 18-to-1 earlier this year. The recent money at Paddy Power was moving toward female Colombian politician Piedad Cordoba, Britain's Mirror newspaper reported.
Betzoo gave Obama only a 25-to-1 shot to win the award, the same odds given to Mordechai Vanunu, a former Israeli nuclear technician who was convicted of treason for exposing state secrets, and folk singer Pete Seeger, composer of "Where Have All the Flowers Gone?"
British betting site Ladbrokes made Cordoba and male Chinese dissident Hu Jia co-favorites, both at 5-to-1.
Posted at 3:13 PM ET on Oct 9, 2009
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