Bet365 report 1,500 bets on Leicester to go down after reports linking Jamie Vardy to Arsenal
Jamie Vardy was having a party for Leicester City last season although reports linking him to Arsenal mean that punters are gambling on the Foxes to go down next season.
Many customers enjoyed odds up to 5000/1 about a Leicester Premier League title win, although it’s the relegation price that has captured punters’ attention this summer.
Bet365 have reported nearly 1,500 bets have now been struck on the Foxes going down, with the bookmaker opening at 40/1 although a spate of wagers means that they now go 25/1 that City drop down to the Championship.
It certainly seems that Vardy could join the Gunners this summer, with Arsenal having triggered the release clause in the striker’s contract which means that it’s down to the player over whether he leaves Leicester for the Emirates.
Vardy’s departure would clearly deprive Leicester of their main attacking outlet, with bet365 already staring at a substantial liability should the unthinkable happen and the Premier League champions get relegated.
All odds were correct at time of posting.