Handicapping The Booker

“Even when it comes to inexact sciences — beauty pageants, presidential elections — creating odds for the Booker Prize is screwier than most.” In fact, the most well-known handicappers for the UK-based literary award freely admit that they don’t even read the books before setting the odds, a neat trick which allows them to post odds mere moments after the shortlist is announced. Betting on one of the world’s most infamously persnickety book prizes may seem like a losing proposition anyway, but it hasn’t stopped the gambling-happy Britons from making it a popular pasttime.

How To Spend $100 Million

The Chicago-based Poetry Foundation has finally announced a plan for how it will spend the $100 million bequest which was dropped in its lap two years ago by pharmaceutical heiress Ruth Lilly. The foundation’s new initiatives will include a national study to determine current public attitudes towards poetry, an “online, electronic anthology of poetry, available to the public at no cost,” and the creation of two new annual cash prizes recognizing overlooked poets and humor in verse.

The Next JK Rowling?

British author Michelle Paver wrote her novel Wolf Brother in 1982 and it sat on a shelf for years. So she rewrote it as a children’s book, and sold the publishing rights internationally for a $US 5 million advance – the highest ever paid for a debut British children’s book. “The book, which went on sale on Thursday, generated record-breaking interest in publishing houses around the world.”

Conservative Authors Say Big Publishers Shut Them Out

Sure, conservative books — including “Unfit for Command,” this week’s No. 1 nonfiction title — have lately occupied a hefty percentage of the best-seller list. But at a Manhattan forum this week, right-wing authors said they were feeling marginalized. “Alleging a sort of liberal conspiracy to keep conservative authors from getting their books to the reading public, conservative authors said they had been forced to turn to scrappy, little-known alternative publishers.”

Books As Dating Aid?

“The London-based arm of the venerable Penguin publishing house has begun to advertise its books as dating aids. According to Penguin, you’re not good looking—or Good Booking—unless you’re holding a book. ‘What women really want is a man with a Penguin. You may not even need to read it, just bend the covers, let it stick out of your pocket and the book will do the talking’!”