If you bet $100 on Elbow winning the Mercury Prize at the end of July, you would now have $600. Elbow was by no means the favorite in a wide-open race for the Mercury Prize for greatest British release of the past 365 days. But The Seldom Seen Kid beat out the likes of Radiohead, Robert Plant and Alison Krauss, British Sea Power and the until recently even more seldomly seen kid, Burial.

One of the more prestigious honors for pop musicians from the British isles, the band was absolutely thrilled by the honor, declaring it "the best thing that's ever happened to [them]." Among the honor of being among the likes of immortal acts such as Reprazent and Ms. Dynamite (ok, and Dizzee Rascal, Pulp, and Portishead too), the band receives a £20,000 pound check/cheque, which I think is now worth $1 million.

Here's singer Guy Garvey's acceptance speech:

"Thank you very much. I'd like to thank all the players we've been with since day one, including Phil Chadwick, our manager.

"This is the best thing that's ever happened to us. We'd like to dedicate this award to Brian Clancy, one of the greatest men who ever lived. Thank you very much and have a top evening!"

Congrats to the band for a truly excellent album. The fourth time's a charm!

[NME]