We’ve entered April and it looks like Leicester City will actually win the league. They’re now the favorites to do so which is unimaginable when looking back at where it all started.
With Chelsea fresh off last year’s Premier League title, sportsbooks were keeping Jose Mourinho’s squad as the favorites to win it again in 2015-16. While no team is ever able to keep their entire roster in tact, new signings came in to a core that was already the strongest in the league. Chelsea were the deserved preseason favorites for the 2015-16 season but things completely flipped this year.
Mourinho is no longer managing Chelsea, and Leicester City see themselves at the top of the EPL table. The table below shows the odds to win the Premier League at 5Dimes and will continue to be updated throughout the season:
|Club||Apr 30, 2016||Apr 4, 2016||Mar 20||Feb 15||Feb 8||Feb 4||Jan 4||Nov 20||Oct 19||Sep 25||Aug 20||Aug 6||June 29||May 24, 2015|
|West Ham United||N/A||+250000||+60000||+70000||+70000||+25000||+100000||+75000||+100000||+125000||+100000||+150000||+100000||+100000|
|West Brom Albion||N/A||N/A||N/A||+900000||+900000||+900000||+400000||+800000||+500000||+500000||+250000||+200000||+150000||+150000|
Preview below was originally posted on August 6
Many top teams are not afraid to spend money: Liverpool splurged on Roberto Firmino and Christian Benteke while adding James Milner on a free loan, but doesn’t appear to be enough after taking a step backwards last season. They lost arguably their best, youngest player in Raheem Sterling and also lost their longtime leader in Steven Gerrard so the feel around the squad is a bit unknown this season.
Manchester City were on the receiving end of former Liverpool man Raheem Sterling, but they paid a hefty fee of €69.4 million to get him. However, the injection of pace should spark a team that lost its luster towards the end of last season.
Manchester United were another club who dealt the cash out, spending over €100 million in transfer fees to bring in Morgan Schneiderlin, Memphis Depay, Matteo Darmian and Bastian Schwensteiger. Manager Louis van Gaal has clearly constructed the team to exactly how he sees fit, but oddsmakers aren’t totally convinced they have enough to win the league like they’re accustomed to.
Arsenal have frustrated fans for their inconsistent performances in the Premier League but this year oddsmakers finally view them as a legitimate contender. The Gunners were able to snatch up world class goalkeeper Petr Cech from Chelsea which improved their title odds from +600 to +450, proving his impact already.
Chelsea, the league favorites, didn’t go crazy this offseason but made calculated moves to solidify their squad. Even the biggest Chelsea haters can admit they’ve built a team to win, no matter how ugly it is, and that’s all that matters in the English Premier League. With the transfer window still open for another month, you can keep up with all the latest transfers here.
In addition to title odds, there’s no shortage of props and futures to choose from. Bettors have already pounced on Season Point Totals for many teams, most notably the Chelsea Under and Newcastle Over. Below shows how Season Point O/U’s have moved since opening in early June.
|Club||Season Points O/U (Aug 6)||Season Points O/U (June 5)|
|West Ham United||44.5||45.5|
|West Brom Albion||41.5||43.5|
It’s also worth taking a look to see who oddsmakers expect to be relegated, something that American fans are not used to but definitely makes the end of the season worth watching. While the bottom-tiered teams essentially have no shot at winning the league, the financial impact of staying in the top league is immense. Below shows the odds to be relegated via Bovada:
|Club||Relegation Odds (Aug 6)||Relegation Odds (June 5)|
|West Brom Albion||+450||+450|
Last season the two biggest favorites to be relegated, Burnley -200 and QPR +175, were sent packing from the Premier League but next on the list, Leicester City at +225, survived by going on a roll the last few months.
We’ll also be posting a preview as the season gets closer to highlight any player movement, odds moves, major bets, undervalued teams to bet on and more.