Bookies fear big loss if favourite wins Booker
Tuesday 12 October 2010
Bookmakers fear a six-figure payout after slashing the odds on the favourite for today's Man Booker Prize for Fiction.
Tom McCarthy's novel C has been given shorter odds than 2009 winner Wolf Hall, which also left bookmakers out of pocket. William Hill puts McCarthy's book at 8/11 to land the coveted literary prize.
The winner will be announced at the Guildhall in London, with the successful author collecting a £50,000 prize. William Hill spokesman Graham Sharpe said C was the "heaviest backed Booker book ever".
Last year, Hilary Mantel's Wolf Hall became the first odds-on favourite to win the prize, costing bookermakers dearly.
"Until last year people were despairing of a favourite ever winning," said Mr Sharpe. "But a similar gamble has seen C's odds collapse to 8/11 favourite this week and the industry is facing up to a second successive six-figure clobbering should the gamble prove to be an inspired one."
TV review Nick Hewer, the man whose eyebrows speak a thousand words, is set to leave The Apprentice
Film The critics but sneer but these unfashionable festive films are our favourites
TV We're so close to knowing what happened to Oliver Hughes, but a last-minute bluff crushes expectations
Arts & Ents blogs
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Peter Lik: The self-proclaimed 'fine-art photographer' whose work sells for millions
The best underrated Christmas movies from Love, Actually to While You Were Sleeping
Grace Dent on TV: The Lost Honour of Christopher Jefferies was a beautifully shot, immensely considered drama
The Lost Honour of Christopher Jefferies, review: Jason Watkins is brilliant, but real victim Joanna Yeates is reduced to a footnote
Marilyn Manson denies involvement in shocking Lana Del Rey rape video
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food