Betting On The Nobel Peace Prize 2024 Odds And Markets
Every year, when the most notable peace advocates are recognized for their contributions, we compile the best Nobel Peace Prize odds. Our professional team works hard to bring you the most recent odds, stats, and news coverage that can help you place profitable Nobel Prize bets.
- Betting On The Nobel Peace Prize 2024 Odds And Markets
- What Is The Nobel Peace Prize?
- Nobel Peace Prize 2023 On Oddspedia
- Bookmakers' Candidates And Favourites For The Nobel Peace Prize 2024
- Peace Prize Bets
- Best Nobel Prize Betting Sites
- Tips And Strategies For Betting On The Nobel Peace Prize
- Other Nobel Prizes to Bet On
- Nobel Prize FAQ
What Is The Nobel Peace Prize?
After reading his (premature) obituary titled "The Merchant of Death is Dead," inventor Alfred Nobel came up with the Nobel Prize. He aimed to recognize those who had positively influenced humanity the most in the previous year. To that effect, he stipulated in his will that his riches should be used for these awards.
The first Nobel Prize was awarded in 1901, five years after his passing. It is now given to up to three individuals in each of the following disciplines.
- Economics Sciences
Every Nobel Peace Prize winner gets a diploma, a medal, and a monetary award.
Who Nominates The Candidates?
In September of the year, before the awards are given, the Nobel Committee sends out nomination forms to over 3,000 well-known professors. They also send these forms to previous winners and current and former members of the Norwegian Nobel Committee.
Whoever gets the nomination forms must return them by January 31 of the award year. The Nobel Committee selects roughly 300 nominees for the prize each year from these submissions and other sources.
After the nominations, the nominee list is sealed and not announced until after 50 years. The Nobel Prizes, except for the Peace Prize, are awarded annually in Stockholm, Sweden, on December 10 (Nobel's death anniversary).
The committee's annual prize award ceremony in Oslo, Norway, occurs on the same day. This ceremony features the recipients’ lectures and the presentation of the Peace Prize.
How Are The Winners Chosen?
Four awarding institutions determine who gets these prizes, and they are:
- Nobel Assembly at the Karolinska Institute – Physiology / Medicine
- Royal Swedish Academy of Sciences – Chemistry; Physics; Economics
- Norwegian Nobel Committee – Peace
- Swedish Academy – Literature
Every year, representatives from these institutions get together to vote on who will receive the Nobel Prize in each discipline. After a unanimous vote, they will announce their final decision, which will not be subject to further review. Each prize can have a maximum of three recipients. Only individuals are eligible to receive the awards, except for the Nobel Peace Prize, which can be presented to organisations.
Who Won The Nobel Peace Prize
Here's a list of the Nobel Peace Prize winners over the last eleven years:
- 2023: Narges Mohammadi - for her relentless fight against the oppression of women in Iran and her unwavering commitment to promoting human rights and freedom.
- 2022: Ales Bialiatski - Since the 1980s, Ales Bialiatski has advocated for democracy and human rights in Belarus. He has been hailed as a hero for his efforts in Eastern Europe.
- 2021: Maria Ressa and Dmitry Andreyevich Muratov - for their work to protect freedom of speech, which is necessary for democracy and long-lasting peace.
- 2020: World Food Programme (WFP) - for its work to fight hunger and improve things in places with conflict.
- 2019: Abiy Ahmed Ali - thanks to his initiative in settling the boundary dispute with neighbouring Eritrea and his overall contributions to the cause of peace and international collaboration.
- 2018: Denis Mukwege and Nadia Murad - for their work preventing sexual violence from being used in war and other forms of armed conflict.
- 2017: International Campaign to Abolish Nuclear Weapons (ICAN) - for its pioneering efforts to ban nuclear weapons and raise awareness of their devastating humanitarian effects.
- 2016: Juan Manuel Santos - for his tenacious attempts to end the nation's more than 50-year civil war.
- 2015: National Dialogue Quartet - for its crucial role in developing a pluralistic democracy in Tunisia following the 2011 Jasmine Revolution.
- 2014: Kailash Satyarthi and Malala Yousafzai - for fighting for all children's right to education and against the oppression of children and young people.
- 2013: Organisation for the Prohibition of Chemical Weapons (OPCW) - in recognition of its extensive efforts to ban chemical weapons.
Nobel Peace Prize 2023 On Oddspedia
Oddspedia offers you essential resources that can help you place better-informed bets. Here's why you should choose our platform:
- Odd comparison: On our site, you can compare bookmakers' Nobel prize betting odds to pick the best.
- Statistics: You'll find the history of bookmaker lines on different nominees on our site. Furthermore, we have the odds on past Nobel Peace Prize betting markets.
- Latest news: To ensure you're up-to-date about the award process, we collect the most recent news on our platform.
Bookmakers' Candidates And Favourites For The Nobel Peace Prize 2024
Since the nominees for the award are not disclosed until after 50 years, predicting the winner of the Nobel Prize online can be pretty tricky. However, some individuals chose to announce their nominations to the media. There are also several leaks online that assist bookmakers in choosing the 2024 Nobel Peace Prize favourite.
- World Health Organization (WHO): The WHO managed the COVID-19 pandemic and delivered almost 5 billion vaccine doses in September 2021.
- Greta Thunberg: Swedish climate activist gained international recognition in 2018 for her demonstrations against man-made climate change. Over time, she raised people's awareness of the problem by giving speeches worldwide.
Nominee List 2023 - Individuals
|"for her ongoing efforts to fight for freedom of expression, democracy and women's rights in Iran" - Winner
|"for his dauntless fight for transparency and accountability, exposing governments' illegal actions and deceptions in the pursuit for peace"
|"for their efforts in peace, security, and human rights, and for averting civil war on the African continent"
|"for her dedicated work as a human rights lawyer, standing up to attempts to silence dissent in Hong Kong"
|"[with Chuprunov] for standing up against war of aggression contrary to international law by defying Putin's regime of repression and censorship"
|Recep Tayyip Erdoğan
|"for his role and efforts before and during the Russo-Ukrainian War"
|"for her locally rooted aid work that builds human dignity, peace and reconciliation in a crucial time for the entire Middle East region"
|"for having criticized the war in Ukraine, uncovering Russian corruption and authoritarian oppression"
|"in representation to hundreds of thousands of brave Iranians, women and men, who are willing to risk everything to bring peace and freedom back in Iran"
|"for their collaborative work against climate change and for climate action"
|Mary John Mananzan
|"for her non-violent efforts to involve the Church in bringing a social revolution in the Philippines."
|"for his courageous opposition to the authoritarian regime in Russia despite imprisonment"
|"for his efforts to convey the societal challenges that affect the lives of ordinary Iranians in their everyday lives."
|"for his outstanding courage when demonstrating for freedom and democracy at Sitong Bridge, Beijing in October 2022"
|"for his fight to maintain social peace and for having contributed to the acquisition of food and medicine for Venezuela, despite being prohibited by U.S. sanctions."
|"[with Tevogen Bio] for their works towards alleviating health inequality"
|"for her dedication to protecting the Amazon and social work in the Putumayo community."
|"for his outstanding work as NATO's secretary general in a demanding time for the alliance"
|Kyaw Moe Tun
|"[with NUCC] in recognition for the civil and democratic forces of resistance and opposition in Myanmar"
|"in honour of all those in Hong Kong whose bravery and determination in the face of repression for the peaceful expression of political opinion"
Past Winners Of The Nobel Peace Prize
Here are the individuals/organisations that won the Nobel Peace Prize from 2001 to 2005:
- 2001: United Nations (U.N.) and Kofi Annanhonour - for their efforts to make the world more organised and peaceful.
- 2002: Jimmy Carter - for his tireless work over many years to end wars and promote democracy, human rights, and economic and social progress on a global scale.
- 2003: Shirin Ebadi - for promoting democracy and human rights. She has dedicated much of her time and energy to the fight for women's and children's rights.
- 2004: Wangari Muta Maathai - in recognition of her efforts to promote democracy and peace.
- 2005: International Atomic Energy Agency (IAEA) and Mohamed ElBaradei - for preventing military use of nuclear energy and ensuring it’s used for safety purposes.
Peace Prize Bets
Betting on the Nobel Peace Prize entails wagering who will emerge as the winner. Bookmakers will offer odds on individuals or organisations that they believe have a shot at winning these prestigious awards. Then, you wager based on their available betting options.
Like sports betting, there will be favourites and underdogs. The favourites have a better chance of winning, but the pay is lower. On the other hand, the chances of an underdog winning are low, but the payout is higher.
Best Nobel Prize Betting Sites
At Oddspedia, you will find the best online betting sites to wager on different Nobel prize categories. We have carefully selected these online bookmakers after thoroughly evaluating what they offer.
We reviewed the site's licensing and security to ensure it is a safe betting site for punters. We also look at the number of betting options, the odds, customer service, bonuses, and special offers.
Tips And Strategies For Betting On The Nobel Peace Prize
Betting on who will win this prestigious award is also considered gambling. So, there's no surefire way to place a winning bet. However, with the right Nobel Prize betting tips, you can make the most of each wager you place. Here are some of the most helpful tips and strategies for wagering on the Nobel Peace Prize.
Find The Best Nobel Prize Odds
We cannot overemphasise the importance of wagering only at sites with the best odds. As you already know, the odds greatly determine how much you get when your bet wins. So, you make less profit if these odds are less than those on other online betting sites.
To make your search easier, we have compiled the top bookies with the best odds. You will also find odd histories and the latest news about these awards on our platform.
Use Peace Prize Betting Bonuses
Bonuses might not be free money, but they certainly give you more cash to bet with. This means you can place multiple wagers, increasing your chances of winning. However, keep in mind that not many sportsbooks have bonuses that you can use to bet on the Nobel Prize.
Furthermore, before claiming bonuses, always read through the terms and conditions. These tell you the requirements you must meet before your bonus winnings can be withdrawn. You will find sites with Nobel Peace Prize betting bonuses with reasonable terms and conditions at Oddspedia.
Bet On Multiple Candidates
In Nobel Peace Prize betting, you'll find odds for different candidates, especially when there are many favourites. So, it's best to wager on more than one candidate on these Nobel Peace Prize betting sites. With this, you stand a better chance of winning than when you stake your money on one candidate.
Examine The Political Climate
We won't debate whether or not the Nobel Peace Prize winners have anything to do with politics. If you think that the political situation in the world does affect choices, you can use that to your advantage. However, if you don't believe the prize has anything to do with politics, you can confidently dismiss it.
Examine The Predictions Of Experts And Bookmakers
Predictions from expert tipsters and bookmakers can help you decide what bets to place. These tips give you more information on which candidate will likely win the peace prize. You don't need to look too far to get these predictions, as we have them on our site. Oddspedia is an active community where experts share their predictions for the outcome of the Nobel Prize betting.
Choose The Right Time To Place Your Bet
Betting sites that provide odds on the Nobel Prize typically launch their offerings in the middle of the year. You might want to place a wager if you see a bookmaker with favourable odds on the Nobel Prize.
However, remember that other competitors could enter the market later that year, changing the odds. Therefore, it's best to bide your time and place bets closer to the award date.
Other Nobel Prizes to Bet On
Aside from the Nobel Peace Prize, there are other Nobel Prizes you can bet on, and they include:
- Physics: Over 100 physicists have won the Nobel Prize for physics, including Albert Einstein, an influential physicist, and John Bardeen.
- Chemistry: This was Alfred Nobel's field of study and where he made all of his scientific discoveries. So it was a big part of his mind when he started the Nobel Prize.
- Medicine: The prize for medicine was the third one named in Nobel's will. It honours those who have contributed immensely to health care.
- Nobel Literature Prize: Over 100 authors have won the Nobel Prize in Literature, including Bob Dylan, Ernest Hemingway, and Winston Churchill.
Nobel Prize FAQ
Where Is The Nobel Peace Prize Awarded?
The Nobel Peace Prize is awarded in Oslo, Norway. However, the other prizes - Chemistry, Medicine, and Literature, are awarded in Stockholm, Sweden.
What Criteria Are Used To Choose Nobel Laureates?
Individuals must have contributed much in their respective fields to be considered for a Nobel Prize in the past year. Heads of state, members of the national assemblies, and the government are among those who can nominate candidates.
Is It Legal To Bet On The Nobel Peace Prize?
Nobel Peace Prize betting is legal in countries where sports betting is legal. For instance, gambling is regulated and legal in the United Kingdom. So, UK bettors can comfortably wager on the Nobel Prize.
What Is The Nobel Peace Prize Awarded For?
The Peace Prize goes to the person who promoted peace, international fellowship, and the abolition or reduction of standing armies.
What Is The Difference Between Sports Betting And Nobel Peace Prize Betting?
In sports betting, you wager on the outcomes of different sporting events. These sports include football, basketball, volleyball, table tennis, and others. However, Nobel Peace Prize betting is a wager on who will win the Nobel Peace Prize.
What Types Of Bets Do Bookmakers Offer On The Nobel Peace Prize?
Bookmakers let you wager on who you think will win the award. You'll be presented with different candidates, each with its own odds. Then, you choose those that you want to bet on.
Where Can I Bet On The Nobel Prize?
There are multiple betting sites, like Betway and 888 Sport, where you can bet on the Nobel. You can find more of these online bookies on Oddspedia. We have recommended these platforms after reviewing them and confirming that they have impressive offerings.
When Do Bookmakers Publish the Nobel Peace Prize Odds?
The odds for this award depend on the online bookmaker. Some platforms publish their odds in the middle of the year or closer to the award date.
Can I Make Money Betting On The Nobel Prize?
You can make money from betting on the Nobel Prize, but that is if your prediction is correct. Also, the amount you win from these bets depends on the odds.