2023-24 Premier League Title Betting Odds

• 23-24 Premiership Title Odds
• To Finish In The Top Two
• A Brief History Of Premier League Title Betting Odds
• Premier League Title Odds: Always Back The Favourites?
• Long-Odds Title Winners
• List Of Pre-season Title Favourites
• Summary

Premier League title odds have massively fluctuated over the years and Leicester City’s 2016 triumph proved to us all that miracles can still happen - and bookmakers are occasionally completely wrong.

Each pre-season sees bookies decide on a team most likely to lift the Premier League trophy at the end of the season, some with more generous odds than others.

Especially at the start of each season, football fans are eager to know what the Premiership title odds look like and who's favourite to be champions.

Aside from Leicester City’s win in 2016, the Premier League title race has often been contested by a few of the same clubs. Sometimes as many as three teams can look like title-favourites, however most seasons tend to have just one or two teams who are a cut above the rest.

Successfully betting on Premier League outrights is all about becoming well-versed in trends and other important factors. Pre-season favourites are selected by bookies for a reason, though the unpredictability of the league can throw up some unexpected outcomes.

Let’s take a look at the 2023-24 Premier League title odds as well as prices over the years to see if the favourites really do always win and what odds the eventual-winners had before the season started. Odds are correct at the time of publication.

23-24 Premiership Title Odds

No surprises for guessing who are favourites to win the Premier League title in 2023-24. Having lifted the trophy in five out of the past six seasons as well as completing the Treble in 2022-23, Man City are strong favourites to win the league again.

Arsenal, who were second last season, are 15/2 second-favourites ahead of Liverpool at 8/1. The 2023-24 top four odds suggest Liverpool will return to the Champions League places after missing out last season.

Here's the 23-24 Premier League title odds in full:

The Premier League winner odds market is one of many football outrights available at Midnite.

To Finish In The Top Two

Aside from title winner and relegation odds, fans can also predict who will finish in the top two of the Premier League.

A Brief History Of Premier League Title Betting Odds

Each Premier League season has had a preseason favourite to lift the trophy come the end of the season. The Bet on Premier League Winner is always a popular market for supporters.

Who becomes the favourite depends on factors such as where they finished the previous season, the kind of transfers they’ve made, and any managerial appointments made before a ball is kicked. Momentum is another big factor as a highly-convincing title win one season means that a team appears more likely to retain the title in the following campaign.

As we know, though, the English Premier League is a famously unpredictable sports league and a team who look like certain-challengers can very easily fall by the wayside after a few disappointing results and poor performances.

From 2003-04 to 2021-22, the pre-season favourites have won the title eight times out of 19 seasons. That’s 42.11% of the time, meaning that it’s often a good idea to back the favourites at the start of the season. The favourite has finished in second place seven times and only once (Chelsea in 2015-16) did they finish outside of the top three.

It is, therefore, usually a solid idea to back the same teams as the bookmakers. This doesn’t mean bookies are always right, but it does mean it’s a good idea to do some research before you bet on a team to win the league. favourites are favourites for a reason, after all.

Premier League Title Odds: Always Back The Favourites?

Not all Premier League seasons are created equal and sometimes the odds for a club to win the title aren’t all that appealing. In 2018-19 and 2019-20, Manchester City’s odds to win the league were just 4/6. Though they didn’t end up winning the league in the latter season, their odds before the start of the campaign hardly got any eyebrows raised.

This is partly due to the quality of their manager and the expensive spending spree the club had been on across the transfer windows. Both factors worked wonders for City’s title hopes, but the odds of them winning the title weren’t enticing for punters’ wallets.

There are several variables that could impact a club’s hopes of winning the Premier League and not all of them are foreseeable before the season begins. Injuries, managerial departures, and suspensions for key games could all affect a favourite’s chances of winning the league title and this is why bookies get things wrong.

Things like a short, sudden run of indifferent form can also impact a title race, something we’ve seen in recent years as Manchester City have beaten Liverpool to the Premier League crown by a single point in two out of the last four seasons.

Long-Odds Title Winners

Speak to any football fan and they’ll tell you about the enormous odds against Leicester City in the 2015-16 season. The Foxes were as long as 5000/1 outsiders for the league title and had spent the vast majority of the previous season in and around the relegation zone. It was ludicrous to suggest that Leicester would be anywhere near the top-four, let alone be champions, before the season started, but Claudio Ranieri and his side proved us all wrong.

Other long-odds winners include Chelsea at 11/2 ahead of the 2016-17 season and Manchester United’s victory in 2006-07 with the same odds. Aside from Leicester’s victory, these two seasons represent the longest odds of a Premier League victory.

List Of Pre-season Title Favourites

The eventual Premier League winner has been the pre-season favourite 42.11% of the time, meaning that you’ll be in relatively safe hands by following bookies and football tipsters alike.

Here’s a list of teams who were backed to win at the start of a Premier League season from 2014-15 to 2021-22 and how they fared:

• 2014-15 - Chelsea (1st, 15/8)
• 2015-16 - Chelsea (13/8, finished 10th)
• 2016-17 - Manchester City (5/2, finished 3rd)
• 2017-18 - Manchester City (1st, 9/5)
• 2018-19- Manchester City (1st, 4/6)
• 2019-20 - Manchester City (4/6, finished 2nd)
• 2020-21 - Manchester City (1st, 4/5)
• 2021-22 - Manchester City (1st, 5/6)

As you can see, the bookies’ favourite to win ended up being accurate five times out of eight. However, sometimes a victory is so certain that the odds aren’t that favourable for the punter. Manchester City’s 18-19 title victory was, for lack of a better word, very predictable and this was reflected in the 4/6 odds.

City’s enormous budget and abundance of quality players made them heavy favourites with both bookies and the public and they went on to win the league that year with 100 points.

Summary

The pre-season favourites for the Premier League have a good record for proving the market right. However, the more confident bookies are that a team will win the league, the less generous the odds are for gamblers.