Betting odds have always lined the sports section, and nowadays they’re becoming much more popular as online betting becomes more widespread. But before you make your next bet, it’s a good idea to familiarise yourself with how odds work as each type provides valuable info for any betting strategy.
Knowing the betting odds helps you identify favourites and underdogs, make informed decisions, calculate a possible win, and compare different betting sites that take credit cards to see what odds they offer. Arm yourself with the right knowledge like which Premier League teams stand the best chances of winning, and you too can magnify your own chances.
Manchester City
(+100 by Caesars)
Once again, Man City are the favourites to win as ever, but there are some early warning signs that the 2024 season will give them more resistance than usual.
Heading into the October break, Pep Guardiola’s team faced Wolves and Arsenal, losing back-to-back games and ultimately falling short of the EFL cup, too – but then the commanding team took back control of its destiny, defeating Brighton, Man Utd, and Bournemouth all in a row. Then Man City had a pair of draws against Chelsea and Liverpool, ending them at 4-4 and 1-1.
Arsenal
(+275 by bet365)
This year’s ultimate contender is definitely Arsenal, which nearly clutched the long-awaited Premier League trophy – it would have been a first since their incredible 2003/4 season. But ultimately, Mikel Arteta’s team were the runners-up.
Some experts believe Arsenal’s 2022/23 season was a fluke of success, but the team is already on its way to proving otherwise through faith in Arteta’s guidance despite the challenging period – certainly proving that having the right knowledge in hand helps with informed decisions.
The Gunners faltered against Newcastle but climbed out of their rut in the next few games, showing fans that they’ll compete against Man City with the best of them.
Liverpool
(+330 by DraftKings)
Last season, Liverpool finished more than 20 points behind Man City, and they largely struggled throughout the year just to end up four points away from the top four. But experts are convinced that the team will not struggle for a second year in a row.
So far, the proof is in the pudding; Liverpool drew against Chelsea, but then the team went on to win five matches in a row, casting aside Bournemath, Newcastle, Aston Villa, Wolves, and West Ham in consistent performance until Tottenham brought the streak to an end.
Undoubtedly, the draw against Brighton followed by wins against Everton and Nottingham Forest show that Liverpool is far from down for the count, even with another draw in the books. While the team isn’t quite as favoured as Man City or even the Gunners, Liverpool still stands a chance yet to come out on top.
Tottenham
(+5000 by bet365)
There’s no sugarcoating it – Tottenham had an awful 2022/23 season even though Harry Kane’s performance for the Golden Boot very nearly bested Haaland. Ultimately, Spurs finished a distant 29 points behind Man City, and head coach Conte abdicated his role before the end of the campaign.
Over the summer, Ange Postecoglou joined the team instead, and, although there was some doubt about the former Celtic man, he’s already proving that he’s exactly right for the role – especially since Kane departed for Bundesliga in the summer, too.
But while the team started turning things around, having been the final undefeated Premier League team, that may well have come to an end; Chelsea brought the streak to its knees with a 4-1 defeat, for starters. Worse still, there were two red cards for Spurts, five disavowed goals, and even a couple of injuries. After that, Tottenham lost back-to-back against Wolves and Aston Villa.
Newcastle
(+5000 by DraftKings)
Fans and experts alike had questioned whether Newcastle could handle both the Champions and Premier Leagues, but so far, things seem to be stable on the latter’s end. In an effort to remain consistent, Newcastle stands seventh in Premier League but just five points from breaking into the top four. They’re not in consideration for the title at this time, but you never know!
Aston Villa
(+6600 by bet365)
It’s not too surprising to see Aston Villa in the list of possible title favourites thanks to Unai Emery. So far, the team is only two points off top, having won the most joint-games this season. Likewise, the team’s proving to be in good form with four wins out of five games played, including a recent one over Tottenham.
Manchester United
(+10000 by bet365)
Last season, Man Utd finished in the top four, but there’s plenty of talk that that was a fluke. The Red Devils are sixth with just eight wins out of 13, beating Wolves, Nottingham Forest, Burnley, Brentford, Sheffield United, Fulham, and Luton each by just one goal. A 3-0 victory was earned over Everton, as well, but there has otherwise only been the taste of defeat since.
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