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Premier League Relegation Odds 2023/24

Matthew Glazier for Bookies.com

Matthew Glazier  | 12 mins

Premier League Relegation Odds 2023/24

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Premier League Relegation Odds
Best Odds
% Chance
Luton
81.10%
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Sheffield
81.10%
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Everton
33.33%
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Bournemouth
31.25%
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Burnley
28.57%
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Luton Town have achieved lift-off after a 2-1 win at Goodison Park, with Rob Edwards' side climbing out of the drop zone. They have the chance to add further points when clashing with Burnley on Tuesday. The Hatters sit above a Bournemouth side who are yet to claim a victory this term, with Sheffield United and Burnley occupying the bottom rungs of the table with just one point apiece. 

The football betting sites think that a return to the Championship, is very likely for Luton Town and Sheffield United, with the latter trading at enormous odds-on following consecutive defeats against Newcastle United and West Ham. 

The best betting apps do think that Burnley have a stronger chance of remaining in the top flight despite their slow start to the campaign, with Everton, Bournemouth and Wolves trading at a similar price to the Clarets right now. Nottingham Forest and Fulham might also be vulnerable to the drop, although we're unlikely to see a repeat of last term where the trio of promoted sides all survived.

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Everton Missed Chances Costing Them Dear

Everton have narrowly avoided relegation from the Premier League for two consecutive seasons, and the early signs suggest they could suffer the drop this time around. 

A 3-1 victory away to Brentford suggested that Sean Dyche's side were heading towards mid-table, and they also claimed a Carabao Cup win at Aston Villa, although a 2-1 home defeat against Luton Town represents a setback, especially as they lost to a team who could be battling it out with them to avoid the drop. 

We're talking about a team who mustered just 36 points from 38 games last term although they have been regularly creating chances in their games this season. While it looks certain that Everton will finish in the bottom half of the table again this season, an upcoming home clash against Bournemouth now gives them a chance to rise up the standings. 

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Luton Town Move Out of Drop Zone

Rob Edwards was sacked as Watford manager during the early part of the 2022/23 season, but he was installed as Nathan Jones' replacement at arch-rivals Luton Town and will now be focused on keeping the Hatters afloat after an incredible promotion through the Championship play-offs. 

Staying in the Premier League won't be easy and the latest relegation odds suggest that there's a high probability that the Bedfordshire outfit will finish in the bottom three this term. However, a 2-1 victory at Goodison Park means that the Bedfordshire outfit are now out of the drop zone and a home clash against Burnley gives them the chance for a quickfire double. 

With last season's promoted trio of Fulham, Bournemouth and Nottingham Forest all staying up last season, there's still a case to be made for Luton, who have signed Chiedozie Ogbene, Mads Andersen, Tahith Chong and Marvelous Nakamba. It's clear they have an astute manager who will be hoping to follow Bournemouth's example and build a team capable of finishing 17th or higher and defying the odds at new betting sites.

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Sheffield United Set to Suffer in Premier League?

Sheffield United have been something of a yo-yo club between the Premier League and Championship in recent seasons. The Blades were recently in the top flight under Chris Wilder before finishing rock bottom of the table in 2020/21, so Paul Heckingbottom will be determined that the Yorkshire outfit avoid the same fate in the 2023/24 campaign.

There have been some red flags already, with Sander Berge surprisingly leaving Bramall Lane to sign for Burnley. Heckingbottom hasn't been backed with a huge amount of funding, although the signing of Cameron Archer could help boost the goal tally, and the team put up a spirited display to earn a 2-2 draw against Everton. They came desperately close to getting something away at Tottenham although an 8-0 humbling at home to Newcastle United was a huge setback and that has been followed by a 2-0 defeat at West Ham.

The latest odds from betting apps suggest a losing battle when it comes to staying afloat in the Premier League, and the season began with that home reverse against Crystal Palace, although Gustavo Hamer looks to be an inspired signing after his goals against Nottingham Forest and Spurs. 

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Nottingham Forest Sitting Pretty Right Now

Nottingham Forest were scrapping against the drop throughout last season although Steve Cooper's team have aimed their sights higher this time around. They have eight points from their opening seven matches which represents a solid return considering that they've faced Arsenal, Spurs, Chelsea and Manchester City.

Forest sit eleventh in the table and the bookies think that a season of survival is on the cards despite the sale of Brennan Johnson to Tottenham Hotspur. The 1-0 win at Chelsea saw Anthony Elanga fire the winner, with the Midlands side able to claim a victory despite having little possession. It appears that they no longer have a weak defensive underbelly on the road, having pushed Arsenal and Manchester United close. 

Forest drew 1-1 with Burnley in their first game after the international break and they only lost 2-0 at the Etihad Stadium ahead of a 1-1 draw against Brentford. They will hope to accumulate plenty of points through the autumn months and pull away from the teams near the foot of the table, with Elanga and Morgan Gibbs-White capable of propelling the team to new heights.

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Can Bournemouth Keep Heads Above Water?

Betting sites have Bournemouth as one of the favourites for relegation right now and it appears likely that the Cherries will be in a scrap against the drop. Andoni Iraola has replaced Gary O'Neil and the team have earned just four points from their opening seven matches. 

Iraola earned rave reviews for the work done with Rayo Vallecano in La Liga although he will be keenly aware that Bournemouth are a small fish in a big pond. The Dorset outfit were most recently humbled 4-0 at home to Arsenal and perhaps the board are regretting the decision to part company with Gary O'Neil who is now in charge at Wolves. 

The betting odds illustrate that Bournemouth will be looking over their shoulders once again this season, although they will draw comfort from having three promoted sides to try to finish above. Having enjoyed a term of consolidation, perhaps we can see this team stay afloat again, with Tyler Adams having been a notable recent signing.

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Can O'Neil Rescue Wolves From the Drop?

Gary O'Neil was able to heroically keep Bournemouth in the Premier League last season and he's been tasked with a similar job at Molineux. It was a blow to lose Matheus Nunes to Manchester City on transfer deadline day, with Wolverhampton Wanderers regarded among the favourites on the relegation market although a recent 2-1 win against the champions was a huge boost. 

Wolves began their 2023/24 season with a daunting trip to Old Trafford, although they could easily have left with three points. The Midlands side then hosted Brighton at Molineux before getting hammered 4-1 by the Seagulls. However, they achieved lift-off with a 1-0 victory at Goodison Park, with Sasa Kalajdzic scoring a late winner for Wanderers before a 3-2 defeat at Crystal Palace. They then took the lead against Liverpool before losing 3-1 and there's been a recent 1-1 draw at Luton. 

Ruben Neves, Joao Moutinho, Adama Traore, Nathan Collins and Raul Jimenez are among those who have left the club, with Wanderers having also sold Matheus Nunes for £53 million shortly before transfer deadline day. However, O'Neil has that track record of keeping Bournemouth afloat in the Premier League last season and the fact that Luton and Sheffield United are trading so short for the drop boosts their hopes of survival. 

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Fulham Could Also Be Vulnerable to Drop

Fulham began their Premier League season with a 1-0 win at Everton, with Bobby Decordova-Reid's goal enough to seperate the two teams at Goodison Park. This has been followed by heavy defeats against Brentford and Manchester City, although these results sandwiched a 2-2 draw at Arsenal. 

Marco Silva was linked with a move to Saudi Arabia during the summer, although the Portuguese is now focused on emulating last season's top-half finish where the Cottagers finished a very respectable tenth in their first season back in the Premier League. The big issue is that the team are now missing Aleksandr Mitrovic who has decided to complete a move to Saudi Arabia, although a 1-0 win over Luton was recently achieved. 

Silva was able to sign Alex Iwobi during the transfer window despite missing out on Manchester United midfielder Fred. It will be hoped that former Wolves striker Raul Jimenez is able to adequately replace Aleksandr Mitrovic although Fulham's relegation odds implies that they are far from immune. 

About the Author

Matthew Glazier for Bookies.com
Matthew Glazier
Matthew Glazier, the former Head of Marketing at bet365, is a veteran in the online betting industry and contributes to Bookies.com.