As the Nobel Peace Prize announcement draws near, Japanese society is in a betting frenzy. Due to the country's high interest in both international events and betting culture, predictions and betting related to the coveted Prize have gained momentum. This stems from both a fascination with global recognition and a love for friendly wagers.

In Japan, the Nobel Prize holds quite a notable cultural value due to Japan's engagement with international recognition. The country prides itself on the achievements of its citizens on a global stage, especially in areas focused on peace and betterment of society. Betting is also a common social event, often done between friends or colleagues as a form of entertainment.

In contrast to Japan, the US and EU don't typically involve betting in their relations with the Nobel Peace Prize. While the Prize is held in high regard, it is generally seen more as a solemn recognition of achievements rather than a social betting event.