Nobel Peace Prize Odds - Nobel Prizes Bets

Betting On The Nobel Peace Prize 2026 Odds And Markets

Each year, as the Nobel Peace Prize approaches, we compile the latest available odds on the people and organisations being discussed in the betting markets. Our team tracks price movements, market availability and relevant news to help readers understand the options offered by participating bookmakers.

For more detailed analysis of the current market, visit our guide to Nobel Peace Prize odds 2026.

What Is the Nobel Peace Prize?

The Nobel Peace Prize was created through the will of Swedish inventor and entrepreneur Alfred Nobel. He directed that most of his fortune should fund annual prizes recognising people whose work had provided significant benefits to humankind.

The first Nobel Prizes were awarded in 1901. The original categories were:

• Chemistry
• Physiology or Medicine
• Physics
• Literature
• Peace

The Prize in Economic Sciences was established separately in 1968 and first awarded in 1969.

Each laureate receives a medal, a diploma and a share of the prize money.

Who Can Nominate Candidates?

Candidates must be nominated by an eligible person or organisation. Eligible nominators include certain politicians, academics, previous Nobel Peace Prize laureates, members of international courts and current or former members of the Norwegian Nobel Committee.

Candidates cannot nominate themselves, and nominations must normally be submitted by January 31 of the award year.

A nomination does not mean that the Norwegian Nobel Committee supports or endorses the candidate.

What Is the Nobel Peace Prize Calendar?

January

The nomination deadline is normally January 31.

February to September

The Norwegian Nobel Committee reviews the valid nominations, creates a shortlist and considers reports prepared by advisers and external experts.

October

The Nobel Peace Prize laureate is usually announced in early October.

December

The award ceremony takes place in Oslo, Norway, on December 10, the anniversary of Alfred Nobel’s death.

Details about nominees, nominators and the committee’s assessments remain confidential for 50 years. As a result, there is no official public list of current nominees.

How Is the Nobel Peace Prize Winner Chosen?

The Nobel Peace Prize is selected by the five-member Norwegian Nobel Committee. Its members are appointed by the Norwegian Parliament, but the committee makes its decisions independently.

The committee reviews the nominations, prepares a shortlist and assesses the candidates’ work. It aims to reach a consensus, although a majority vote can be used when necessary.

The final decision cannot be appealed. The prize may be awarded to an individual, an organisation or several recipients, with no more than three laureates sharing one prize.

Who Selects the Other Nobel Prize Winners?

Different institutions are responsible for each Nobel Prize category:

• Nobel Assembly at Karolinska Institutet: Physiology or Medicine
• Royal Swedish Academy of Sciences: Physics, Chemistry and Economic Sciences
• Norwegian Nobel Committee: Peace
• Swedish Academy: Literature

Who Won the Nobel Peace Prize

Here is a list of recent Nobel Peace Prize laureates:

• 2025: Maria Corina Machado – for her work promoting democratic rights in Venezuela and supporting a peaceful transition to democracy.
• 2024: Nihon Hidankyo – for its efforts to achieve a world free from nuclear weapons and for using survivors' testimony to demonstrate why nuclear weapons must never be used again.
• 2023: Narges Mohammadi – for her fight against the oppression of women in Iran and her work promoting human rights and freedom.
• 2022: Ales Bialiatski, Memorial and the Center for Civil Liberties – for representing civil society and documenting abuses of power, war crimes and human-rights violations.
• 2021: Maria Ressa and Dmitry Muratov – for their efforts to protect freedom of expression, which is an important condition for democracy and lasting peace.
• 2020: World Food Programme – for its work combating hunger, improving conditions for peace in conflict-affected areas and preventing hunger from being used as a weapon.
• 2019: Abiy Ahmed Ali – for his efforts to achieve peace and international cooperation, particularly his initiative to resolve the border conflict between Ethiopia and Eritrea.
• 2018: Denis Mukwege and Nadia Murad – for their efforts to end the use of sexual violence as a weapon of war and armed conflict.
• 2017: International Campaign to Abolish Nuclear Weapons – for highlighting the humanitarian consequences of nuclear weapons and working toward their prohibition.
• 2016: Juan Manuel Santos – for his efforts to bring Colombia's decades-long civil war to an end.
• 2015: Tunisian National Dialogue Quartet – for its contribution to building a pluralistic democracy in Tunisia following the 2011 revolution.

Nobel Peace Prize 2026 On Oddspedia

Oddspedia provides resources that can help readers research Nobel Peace Prize betting markets. Availability may depend on the reader's location and the bookmakers operating there.

• Odds comparison: Where multiple bookmakers offer the market, you can compare their Nobel Peace Prize odds before deciding whether to place a bet.
• Market information: Available prices can show how bookmakers and bettors are assessing the possible contenders. Odds may change considerably as the announcement approaches.
• Latest news: We collect relevant news and analysis to help readers follow developments that could affect betting-market expectations.

Bookmakers' Candidates And Favourites For The Nobel Peace Prize 2026

Predicting the winner of the Nobel Peace Prize is difficult because the Norwegian Nobel Committee does not publish its current nominees or shortlist. Official nomination records remain confidential for 50 years.

Some eligible nominators publicly announce the candidates they have submitted. These announcements may influence press coverage and bookmaker prices, but they do not confirm that a person or organisation is on the committee's shortlist.

Bookmakers may also price candidates who have not been publicly nominated. Their markets are based on news, public discussion, historical patterns and their own assessment of likely outcomes.

For that reason, a short price should not be treated as proof that a candidate has been nominated or is being seriously considered by the committee.

Nobel Peace Prize Nominee List: Individuals

There is no verified public list of current Nobel Peace Prize nominees. The Norwegian Nobel Institute does not confirm or deny nominations, even when an eligible nominator announces a submission publicly.

Names listed by bookmakers should therefore be treated as potential candidates or betting-market selections, not confirmed nominees.

Before betting on an individual, consider:

• Whether an eligible nominator has publicly announced the nomination
• Whether the claim comes from a reliable and attributable source
• Whether the candidate appears to meet the eligibility rules
• Whether the bookmaker applies any participation or settlement conditions
• Whether an odds movement is based on credible news or unsupported speculation

A public nomination announcement does not mean the Norwegian Nobel Committee has endorsed or shortlisted the candidate.

Peace Prize Bets

Betting on the Nobel Peace Prize generally involves wagering on the person or organisation that will be announced as the laureate. Bookmakers offering the market publish a selection of possible winners, each with an associated price.

As with other outright betting markets, shorter odds usually indicate that the bookmaker considers an outcome more likely. Longer odds indicate a less-favoured outcome but provide a larger potential return if the selection wins.

Odds are not objective probabilities or inside information. Bookmakers may adjust them in response to wagers, news coverage, public nomination announcements and changes in market expectations.

Market rules can vary. Check whether dead-heat rules apply, how a shared prize will be settled and what happens if the prize is not awarded.

Best Nobel Prize Betting Sites

At Oddspedia, you can compare the best online betting sites offering markets on the Nobel Peace Prize and other award categories.

When assessing a bookmaker, consider whether it is licensed to operate in your jurisdiction, the quality of its security measures, the competitiveness of its odds and the clarity of its market-settlement rules.

You should also review its payment methods, customer service, bonus conditions and responsible-gambling tools. Nobel Prize markets are not offered by every bookmaker and may not be available in every country.

Tips and Strategies for Betting on the Nobel Peace Prize

Betting on the winner of the Nobel Peace Prize is a form of gambling, and there is no strategy that guarantees a profit. The selection process is confidential and the outcome can be difficult to anticipate.

The following points can help you assess the available markets more carefully.

Find the Best Nobel Prize Odds

Comparing odds can make a meaningful difference to the potential return from a winning selection. Two bookmakers may assess the same candidate similarly but offer different prices.

Check several licensed operators where possible, and review the market rules as well as the headline odds. A slightly higher price may not represent better value when the bookmaker applies less favourable settlement conditions.

Oddspedia's comparison tools can help you review the prices available from participating bookmakers.

Use Peace Prize Betting Bonuses

Betting offers may provide additional betting funds, but it should not be treated as free money. Bonuses normally include eligibility conditions, minimum odds, wagering requirements, expiry periods and withdrawal restrictions.

Not every promotion can be used on novelty, political or awards markets. Check the terms before opting in and avoid increasing your stake solely to qualify for an offer.

Examine the Political Climate

The committee's decision is independent, but major conflicts, peace negotiations, humanitarian crises, human-rights campaigns and disarmament efforts can shape public discussion around the prize.

Consider whether a candidate's work is closely connected to significant and sustained peace efforts rather than relying only on recent publicity.

The terms of Alfred Nobel's will and the committee's previous decisions may provide useful historical context, although past patterns cannot reliably predict a future winner.

Choose the Right Time to Place Your Bet

Bookmakers may open Nobel Peace Prize markets several months before the announcement, although the timing varies between operators and jurisdictions.

Early markets may offer higher prices but can have fewer selections, lower limits and wider margins. Later markets may reflect more information and provide a broader choice, but prices on prominent candidates may have shortened.

There is no universally best time to bet. Consider the available price, the quality of the information supporting it and the possibility that the market may move in either direction.

Nobel Prize FAQ