The Thorne–Hawking–Preskill bet was a public bet on the outcome of the black hole information paradox made in 1997 by physics theorists Kip Thorne and Stephen Hawking on the one side, and John Preskill on the other, according to the document they signed 6 February 1997, as shown in Hawking's 2001 book The Universe in a Nutshell.

The black hole information paradox is a paradox that appears when the predictions of quantum mechanics and general relativity are combined. The theory of general relativity predicts the existence of black holes that are regions of spacetime from which nothing—not even light—can escape. In the 1970s, Stephen Hawking applied the semiclassical approach of quantum field theory in curved spacetime to such systems and found that an isolated black hole would emit a form of radiation. He also argued that the detailed form of the radiation would be independent of the initial state of the black hole, and depend only on its mass, electric charge and angular momentum.