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Take Two

Betting on Nobel Prize winners

A general view of a gambling sign outside Binion's Gambling Hall & Hotel on Fremont Street July 19, 2011 in Las Vegas, Nevada.
A general view of a gambling sign outside Binion's Gambling Hall & Hotel on Fremont Street July 19, 2011 in Las Vegas, Nevada.
(
Ethan Miller/Getty Images
)

Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.

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Betting on Nobel Prize winners

This week the Nobel Prize for Literature will be awarded, but for weeks, economists, gamblers and laymen have laid their money on the line in hopes they can guess the tomorrow's winner.

We look into the world of Nobel betting: how it works, what it cost and, most importantly, who wins and loses?