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Premier League Relegation Odds 2023/24 - Two from Three for The Drop

Matthew Glazier for Bookies.com

Matthew Glazier  | 12 mins

Premier League Relegation Odds 2023/24 - Two from Three for The Drop

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Current Premier League Relegation Odds

TeamOddsBookmaker
Nottingham Forest 7/4 BetMGM
Luton Town 1/6 William Hill
Burnley 1/8 Betfred

Nottingham Forest were dealt a massive blow when they were deducted four points after being found guilty of falling foul of Profit and Sustainability (PSR) rules. While most betting sites still have them as odds-against finishing in the relegation places, they sit in 17th with 26 points from 35 games, one more than Luton Town who sit in the final relegation place. Their 2-0 defeats to Everton and Man City have them looking over their shoulders, particularly after Everton beat Liverpool in the Merseyside derby and Brentford last weekend.

Everton found themselves in real danger of relegation after a second points deduction for breaking PSR rules. Despite winning against Burnley, they then suffered a heavy defeat away to Chelsea. The points deduction meant they were just two points above Luton, but they have now guaranteed their safety with a run of three wins in a row.

Crystal Palace, who appointed Oliver Glasner in place of Roy Hodgson, are guaranteed another season in the Premier League. They are 15 points above the relegation zone and could stay up without picking up another point having won their last three matches. Brentford have picked up eight points from their last five games in the Premier League and now sit 10 points clear of Luton and are safe for another year.

The best betting apps still think it is the two remaining promoted teams who are in dire trouble. Sheffield United were relegated this weekend, with football betting sites also taking a dim view of Burnley's and Luton Town's hopes.

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Forest Set for Relegation Dogfight

Nottingham Forest's recent win against Fulham gave their Premier League survival hopes a much-needed boost. They have gained one point from their last four games and are now just out of the relegation zone after their points deduction. Prior to the win against Fulham, they had not won in five games and had been dragged into the relegation zone.

With two fixtures against relegation threatened sides to come, new betting sites give them a decent chance of staying afloat for another season, but they are still very close to the drop zone. If they were to come out on the wrong side of the results in the matches against their fellow strugglers, the situation would look bleak. As they are unlikely to get any points from their two other remaining game against Chelsea.

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Everton Safe and No Longer in the Betting

Everton were often among the favourites to go down from the Premier League this season, according to the bookies. Despite a combined eight-point deduction for breaking Premier League Financial Fair Play rules, a run of three straight wins now means they are assured of survival. They would in fact be comfortably in 13th place in the league if they hadn't been given the punishment. 

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Can Luton Perform the Great Escape?

Luton Town have been written off as Premier League no hopers in several quarters, and their plight has looked nigh-on impossible since the preseason. However, the Hatters have been punching above their relative weight all season and still have a chance to climb outside the relegation zone.

The latest relegation odds still suggest that Luton are set to go down, but much will depend on their results against teams in and around them with matches to come against Everton, Fulham and West Ham.

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Burnley Odds-On For Drop 

The bookmakers afforded Burnley plenty of respect before the 2023/24 campaign began, with Vincent Kompany's side having stormed to the Championship title last term. However, the Clarets lost their opening three Premier League matches, and they have now collected just 24 points from their first 35 games played after what is now looking like a huge defeat to Everton. In fact, had they won that game they would be one point outside the relegation zone.

Ten of those 24 points have come against fellow promoted teams. They will need to produce winning performances against the other teams around them to have a chance of staying afloat this season.

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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.