The Nobel Prize for Literature winner for 2012 will be revealed on Thursday. Currently, the UK gamblers at Ladbrokes have given Haruki Murakami 2/1 odds to take the $1.2 million prize.

At the same time, Chinese author Mo Yan has 8/1 odds, Canadian short story master Alice Munro has 8/1 odds and Hungarian writer Peter Nadas has 8/1 odds. Who do you want to win?

award.jpgHere’s more about the award: “Those entitled to nominate candidates for the Prize are the members of the Academy, members of academies and societies similar to it in membership and aims, professors of literature and language, former Nobel laureates in literature, and the presidents of writers’ organisations which are representative of their country’s literary production. Proposals in writing for the year’s laureate must reach the Nobel Committee by January 31st. 
A proposal should, but need not, be accompanied by supporting reasons. It is not possible to propose oneself as a candidate, i.e. the Nobel Prize cannot be applied for. There are usually about 350 proposals each year.” (Via Michael Orthofer)