Time Person of the Year Betting Odds: Elon Musk now has a 50% CHANCE of being awarded the 2023 Time Person of the Year award later this year!

Elon Musk is the clear favourite to win the 2023 Time Person of the Year award

Betting remains available on this year's Time Person of the Year award and bookmakers have kept Elon Musk as the favourite to win the award for the second time.

Musk has been a predominant figure in the media throughout the year with his purchase of Twitter, and eventual rebrand to X, causing big effects for the way we use social media.

The businessman and CEO of SpaceX and Tesla has already won the Time Person of the Year award back in 2021 with the magazine saying he had the greatest influence for that year.

Paddy Power expect him to win the award once again this year with the latest betting odds suggesting an implied probability of 50% that he is voted Person of the Year again.

OpenAI CEO and Co-Founder Sam Altman has been the biggest market mover in recent weeks

OpenAI CEO and Co-Founder Sam Altman is now 15/8 to win the Time Person of the Year award with AI technology improving further and further in the past 10 months.

Altman has played a key part in advancing artificial intelligence research, with potential implications for the future of humanity in the coming years.

His odds have been shortening more and more in recent weeks with the latest betting market now suggesting a 34% chance of him winning the award.

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Time Person of the Year Betting Odds and History of Winners

We take a closer look at last decade of Time Person of the Year winners

The last decade of the Time Person of the Year has seen a whole range of different winners across a variety of occupations and that will stay consistent for the next 10 years.

Elon Musk could well win the award for a second time this year and that shows just how important the businessman has been in the world in the past 12 months.

Here is a list of the remarkable individuals and groups who have been recognised as Time Person of the Year since 2010:

• 2010: Mark Zuckerberg
• 2011: The Protester
• 2012: Barack Obama (for the second time)
• 2013: Pope Francis
• 2014: Ebola Fighters
• 2015: Angela Merkel
• 2016: Donald Trump
• 2017: The Silence Breakers
• 2018: The Guardians
• 2019: Greta Thunberg
• 2020: Joe Biden & Kamala Harris
• 2021: Elon Musk
• 2022: Volodymyr Zelenskyy & The Spirit of Ukraine