Herta Muller wins the 2009 Nobel Prize in Literature. One of the top sportsbooks Paddy Power has Nobel Peace Prize odds: Seema Samur as the favorite, followed by Piedad Cordoba, Hu Jia, and Ghazi bin Muhammad.

The Nobel Prize has become notoriously left-leaning, rarely missing a chance to take a political potshot at George W. Bush. Hence US President Barack Obama would be a reasonable long shot at 14/1.