Ed Sheeran And Coldplay Tipped For Mercury Prize 2012 Success

24 August 2012, 16:55 | Updated: 24 August 2012, 17:01

Emeli Sande, Labrinth and Rizzle Kicks are also in contention for the big award.

Emeli Sande, Ed Sheeran and Labrinth are among the contenders for this year's Mercury Prize, according to bookmakers.

Emeli's 'Our Version Of Events' is 16/1 to take home the coveted music prize, when it is handed out later this year.

Coldplay's 'Mylo Xyloto', which included the single 'Princess Of China' featuring Rihanna, is 20/1 with Paddy Power.

Florence & The Machine are 12/1 with 'Ceremonials', while Ed Sheeran's '+' has odds of 25/1.

Labrinth's 'Electronic Earth' is currently an outsider to secure a nomination, with odds of 50/1, with Rizzle Kicks at 80/1 for 'Stereo Typical'.

This year's Mercury Prize is shaping up to be one of the most hotly-contested in recent memory:

Coldplay perfrom live

Alternative band Alt-J are the runaway favourites to win this year's Mercury Prize, with odds of 4/6 for their debut album 'An Awesome Wave'.

The Mercury Prize nominations will e announced on 12th September ahead of the awards ceremony at the Roundhouse in Camden, London on 1st November.