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David Bowie races ahead of Radiohead as bookies' favourite to win Mercury Prize 2016

Anohni, Michael Kiwanuka and Skepta trail the frontrunners

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Bookmakers have slashed the odds for David Bowie winning this year's Mercury Prize.

The Mercury Prize heralds the best record released by a British or Irish artist over the past 12 months and was won last year by Benjamin Clementine for his album 'At Least For Now'. It will be held on September 15 this year.

The nominations for the 2016 Hyundai Mercury Prize were announced at a ceremony in London on Thursday morning (August 4).

The late musician's final album 'Blackstar' was originally given odds of 4/1, the same as Radiohead, but now bookies William Hill have announced that odds have been slashed to 7/4.

"This year’s shortlist looks very strong but all the bets are for Bowie and I certainly would not bet against him winning," said William Hill spokesman Rupert Adams of the news.

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Meanwhile, Radiohead's chances of winning is at 11/2, with Anohni at 6/1, Michael Kiwanuka at 8/1 and Skepta at 9/1.

See the full list of odds below.

7/4 - David Bowie
11/2 - Radiohead
6/1 - Anohni
8/1 - Michael Kiwanuka
9/1 - Skepta
12/1 - The 1975
14/1 - Kano
14/1 - Laura Mvula
14/1 - Savages
16/1 - Bat for Lashes
20/1 - Jamie Woon
25/1 - The Comet is Coming


READ MORE: The Albums That Would Be On NME's Mercury Prize Shortlist

NME readers have voted that David Bowie should win this year's Mercury Prize.

Taking part in a poll on NME.com, 36 percent of fans said Bowie should be given the accolade. His closest competition was Radiohead. Their album 'A Moon Shaped Pool' was favoured by 25 percent of voters.

Skepta and The 1975 tied on 7 percent, while Anohni received 4 percent of the votes.
David Bowie Tributes
Video: David Bowie Tributes

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