This year's Nobel Prize for literature will be announced on October 13th, which is later than usual for weird calendar reasons. This piece at The Local says the betting markets think Haruki Murakami is a favorite to win the prize this year. Since Philip Roth retired, Haruki Murakami has always topped the betting markets, and — spoiler alert — he has never won the Nobel Prize. (Neither has Roth, for that matter, and he was the favorite for at least a decade before Murakami took over the position.) Betting markets are notoriously bad for this sort of thing. Some financial advice from the Seattle Review of Books: do not bet on arts awards for financial gain. You will likely lose your shirt. Just wait until the 13th to find out who wins with the rest of us.