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Bookmakers Write Off Big Spenders Arsenal This Season

Dean Ryan for Bookies.com

Dean Ryan  | 7 mins

Bookmakers Write Off Big Spenders Arsenal This Season

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It might surprise many that Premier League side Arsenal, despite failing once again to land a Champions League place for this season, are the biggest spenders across European soccer in the current summer transfer window. Despite that, the team’s prospects at soccer betting sites aren’t as good as you might imagine.

This is currently the second summer in succession that Arsenal have forked out more money than anyone else during the traditional summer shopping spree with €132m already spent, which comes on top of €167m last summer. This brings the two-year total spend to just shy of €300m for Mikel Arteta’s team.

With Gabriel Jesus, Fabio Vieira and Oleksandr Zinchenko the three big moves ahead of the 2022/23 season and still a month to go before the window closes, it is likely Arsenal will increase that total before we reach the start of September.

Last summer, the additions of Ben White, Martin Odegaard, Aaron Ramsdale, Takehiro Tomiyasu, Albert Sambi Lokonga and Nuno Tavares were all big-money moves, and it is very clear the Arsenal board have backed Mikel Arteta with serious spending power to revolutionise his squad at the Emirates. However, given their end to last season, it’s fair to assume there were some disappointed people at sports betting sites who would have placed wagers on success for the Gunners.

Going back to before the 20/21 season, the additions of Thomas Partey and Gabriel were not insignificant moves in the market (over €70m combined). Surely, all this spending has to bring success imminently for a club with great ambition to return to the elite competitions and compete for trophies like they did for so long under former legendary manager Arsene Wenger.

Odds makers with the leading soccer betting apps haven’t been convinced despite all the recent and consistent bravado in the transfer market. Especially when compared to their usually reluctant-to-spend North London rivals Tottenham Hotspur, who, of course, pipped Arsenal to that coveted UCL spot by stealing fourth place during the final games of last season at the expense of their neighbors.

Using the best soccer betting sites' odds as a guide to realistic probability of success, the prices make stark reading for Gunners fans.

Premier League
Best Odds
BetMGM
Caesars
DraftKings
FanDuel
BetRivers
PointsBet
% Chance
Man City
69.93%
2/5
1.40
-250
10/23
1.43
-233
2/5
1.40
-250
2/5
1.40
-250
--
2/5
1.40
-250
Arsenal
12.50%
7/1
8.00
+700
11/2
6.50
+550
7/1
8.00
+700
6/1
7.00
+600
--
7/1
8.00
+700
Liverpool
12.50%
7/1
8.00
+700
13/2
7.50
+650
7/1
8.00
+700
13/2
7.50
+650
--
7/1
8.00
+700
Tottenham
3.85%
20/1
21.00
+2000
22/1
23.00
+2200
20/1
21.00
+2000
25/1
26.00
+2500
--
22/1
23.00
+2200
Brighton
2.22%
33/1
34.00
+3300
28/1
31.00
+3000
25/1
26.00
+2500
40/1
45.00
+4400
--
33/1
36.00
+3500
Newcastle
1.96%
50/1
51.00
+5000
40/1
41.00
+4000
50/1
51.00
+5000
33/1
35.00
+3400
--
50/1
51.00
+5000
Teams Best Odds
MCI
10/23 Caesars
1.43 Caesars
-233 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
10/23 Caesars
1.43 Caesars
-233 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
10/23 Caesars
1.43 Caesars
-233 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
10/23 Caesars
1.43 Caesars
-233 Caesars
Up To $1,000 in Second Chance Bets
Must be 21+, Terms and Conditions apply. This promotion will only be available to all new PointsBet players in CO, IL, IN, IA, KS, MD, MI, NJ, NY, PA, VA and WV.
2/5 PointsBet
1.40 PointsBet
-250 PointsBet
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
2/5 FanDuel
1.40 FanDuel
-250 FanDuel
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
2/5 DraftKings
1.40 DraftKings
-250 DraftKings
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
2/5 BetMGM
1.40 BetMGM
-250 BetMGM
ARS
7/1 BetMGM
8.00 BetMGM
+700 BetMGM
Bet $10, Get $200 in Bonus Bets Instantly
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7/1 BetMGM
8.00 BetMGM
+700 BetMGM
Up To $1,000 in Second Chance Bets
Must be 21+, Terms and Conditions apply. This promotion will only be available to all new PointsBet players in CO, IL, IN, IA, KS, MD, MI, NJ, NY, PA, VA and WV.
7/1 PointsBet
8.00 PointsBet
+700 PointsBet
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
7/1 DraftKings
8.00 DraftKings
+700 DraftKings
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
6/1 FanDuel
7.00 FanDuel
+600 FanDuel
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
11/2 Caesars
6.50 Caesars
+550 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
11/2 Caesars
6.50 Caesars
+550 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
11/2 Caesars
6.50 Caesars
+550 Caesars
LIV
7/1 BetMGM
8.00 BetMGM
+700 BetMGM
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
7/1 BetMGM
8.00 BetMGM
+700 BetMGM
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
7/1 DraftKings
8.00 DraftKings
+700 DraftKings
Up To $1,000 in Second Chance Bets
Must be 21+, Terms and Conditions apply. This promotion will only be available to all new PointsBet players in CO, IL, IN, IA, KS, MD, MI, NJ, NY, PA, VA and WV.
7/1 PointsBet
8.00 PointsBet
+700 PointsBet
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
13/2 Caesars
7.50 Caesars
+650 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
13/2 Caesars
7.50 Caesars
+650 Caesars
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
13/2 FanDuel
7.50 FanDuel
+650 FanDuel
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
13/2 Caesars
7.50 Caesars
+650 Caesars
TOT
25/1 FanDuel
26.00 FanDuel
+2500 FanDuel
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
25/1 FanDuel
26.00 FanDuel
+2500 FanDuel
Up To $1,000 in Second Chance Bets
Must be 21+, Terms and Conditions apply. This promotion will only be available to all new PointsBet players in CO, IL, IN, IA, KS, MD, MI, NJ, NY, PA, VA and WV.
22/1 PointsBet
23.00 PointsBet
+2200 PointsBet
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
22/1 Caesars
23.00 Caesars
+2200 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
22/1 Caesars
23.00 Caesars
+2200 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
22/1 Caesars
23.00 Caesars
+2200 Caesars
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
20/1 DraftKings
21.00 DraftKings
+2000 DraftKings
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
20/1 BetMGM
21.00 BetMGM
+2000 BetMGM
BRI
40/1 FanDuel
45.00 FanDuel
+4400 FanDuel
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
40/1 FanDuel
45.00 FanDuel
+4400 FanDuel
Up To $1,000 in Second Chance Bets
Must be 21+, Terms and Conditions apply. This promotion will only be available to all new PointsBet players in CO, IL, IN, IA, KS, MD, MI, NJ, NY, PA, VA and WV.
33/1 PointsBet
36.00 PointsBet
+3500 PointsBet
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
33/1 BetMGM
34.00 BetMGM
+3300 BetMGM
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
28/1 Caesars
31.00 Caesars
+3000 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
28/1 Caesars
31.00 Caesars
+3000 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
28/1 Caesars
31.00 Caesars
+3000 Caesars
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
25/1 DraftKings
26.00 DraftKings
+2500 DraftKings
NEW
50/1 DraftKings
51.00 DraftKings
+5000 DraftKings
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
50/1 DraftKings
51.00 DraftKings
+5000 DraftKings
Up To $1,000 in Second Chance Bets
Must be 21+, Terms and Conditions apply. This promotion will only be available to all new PointsBet players in CO, IL, IN, IA, KS, MD, MI, NJ, NY, PA, VA and WV.
50/1 PointsBet
51.00 PointsBet
+5000 PointsBet
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
50/1 BetMGM
51.00 BetMGM
+5000 BetMGM
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
40/1 Caesars
41.00 Caesars
+4000 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
40/1 Caesars
41.00 Caesars
+4000 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
40/1 Caesars
41.00 Caesars
+4000 Caesars
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
33/1 FanDuel
35.00 FanDuel
+3400 FanDuel
Close X
Bet $10, Get $200 in Bonus Bets Instantly
Visit Site
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
Close X
$1,000 First Bet on Caesars
Visit Site
Must be 21+ to participate. T&Cs apply.
Close X
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
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Must be 21+ to participate. T&Cs apply.
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Must be 21+ to participate. T&Cs apply.
Close X
2nd Chance Bet Up To $500
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Up To $1,000 in Second Chance Bets
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Must be 21+, Terms and Conditions apply. This promotion will only be available to all new PointsBet players in CO, IL, IN, IA, KS, MD, MI, NJ, NY, PA, VA and WV.

Arsenal, at 7/4, have only a 36.4% chance of reaching the top four and claiming that elusive Champions League spot for next year.

Premier League - Top 4
Best Odds
BetMGM
Caesars
DraftKings
FanDuel
BetRivers
PointsBet
% Chance
Man City
97.56%
1/50
1.02
-5000
1/80
1.01
-7692
1/50
1.02
-5000
1/40
1.03
-4000
--
--
Arsenal
75.02%
5/18
1.29
-350
1/3
1.33
-300
3/10
1.30
-330
5/16
1.31
-319
--
--
Liverpool
71.43%
5/18
1.29
-350
4/11
1.36
-275
3/10
1.30
-330
2/5
1.40
-250
--
--
Tottenham
37.04%
13/8
2.65
+165
17/10
2.70
+170
13/8
2.65
+165
5/4
2.25
+125
--
--
Newcastle
33.33%
2/1
3.00
+200
19/10
2.90
+190
7/4
2.75
+175
7/4
2.75
+175
--
--
Brighton
30.77%
15/8
2.88
+188
2/1
3.00
+200
9/4
3.25
+225
2/1
3.00
+200
--
--
Teams Best Odds
MCI
1/40 FanDuel
1.03 FanDuel
-4000 FanDuel
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
1/40 FanDuel
1.03 FanDuel
-4000 FanDuel
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
1/50 BetMGM
1.02 BetMGM
-5000 BetMGM
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
1/50 DraftKings
1.02 DraftKings
-5000 DraftKings
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
1/80 Caesars
1.01 Caesars
-7692 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
1/80 Caesars
1.01 Caesars
-7692 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
1/80 Caesars
1.01 Caesars
-7692 Caesars
ARS
1/3 Caesars
1.33 Caesars
-300 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
1/3 Caesars
1.33 Caesars
-300 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
1/3 Caesars
1.33 Caesars
-300 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
1/3 Caesars
1.33 Caesars
-300 Caesars
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
5/16 FanDuel
1.31 FanDuel
-319 FanDuel
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
3/10 DraftKings
1.30 DraftKings
-330 DraftKings
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
5/18 BetMGM
1.29 BetMGM
-350 BetMGM
LIV
2/5 FanDuel
1.40 FanDuel
-250 FanDuel
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
2/5 FanDuel
1.40 FanDuel
-250 FanDuel
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
4/11 Caesars
1.36 Caesars
-275 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
4/11 Caesars
1.36 Caesars
-275 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
4/11 Caesars
1.36 Caesars
-275 Caesars
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
3/10 DraftKings
1.30 DraftKings
-330 DraftKings
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
5/18 BetMGM
1.29 BetMGM
-350 BetMGM
TOT
17/10 Caesars
2.70 Caesars
+170 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
17/10 Caesars
2.70 Caesars
+170 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
17/10 Caesars
2.70 Caesars
+170 Caesars
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.
17/10 Caesars
2.70 Caesars
+170 Caesars
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
13/8 BetMGM
2.65 BetMGM
+165 BetMGM
Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets
Must be 21+ to participate. T&Cs apply.
13/8 DraftKings
2.65 DraftKings
+165 DraftKings
Bet $5, Get $200 in Bonus Bets
Must be 21+ to participate. T&Cs apply.
5/4 FanDuel
2.25 FanDuel
+125 FanDuel
NEW
2/1 BetMGM
3.00 BetMGM
+200 BetMGM
Bet $10, Get $200 in Bonus Bets Instantly
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
2/1 BetMGM
3.00 BetMGM
+200 BetMGM
$1,000 First Bet on Caesars
Must be 21+ to participate. T&Cs apply.