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Premier League Winner Odds 2023/24 - Man City Favourites, Liverpool & Arsenal Close Behind

Matthew Glazier for Bookies.com

Matthew Glazier  | 13 mins

Premier League Winner Odds 2023/24 - Man City Favourites, Liverpool & Arsenal Close Behind

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Premier League Winner Odds 2023/24

Manchester City have won the Premier League title in five of the past six seasons, and they're favourites to get the job done this time around with most football betting sites. They trail Liverpool by one point in the league at present. Six consecutive wins over Burnley, Newcastle United, Sheffield United, Fulham, West Ham and Nottingham Forest helped the Cityzens enjoy a fast start to the campaign, but since then they have been inconsistent and sit second in the table, one point ahead of the Gunners. However, they have been strong finishers to a season in recent years. 

At present, it would appear Arsenal and Liverpool are the only sides who can challenge City for the title this season, but the Gunners are behind the eight-ball somewhat as they have been usurped by City. There are still 132 games to be played for Liverpool, Arsenal and City, and a lot can happen in that time.

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In five of the previous six campaigns, Manchester City have been crowned champions, with Liverpool managing to break up the run in the 2019-20 season. It was the Reds who were also hot on the heels of City in the 2018-19 and 2021-22 season before narrowly missing out. More recently, Arsenal led the way for a large chunk of the last campaign before losing touch with Pep Guardiola's relentless side.

Here are the latest Premier League winner odds from the best football betting sites for the 2023/24 season:

Man City Strong Favourites to Be Champions 

In the end, Manchester City were comfortable winners of the 2022/23 title, with the champions able to leapfrog Arsenal in the run-in and finish five points clear of the Gunners. The best Premier League betting sites installed City as strong favourites to retain their crown before a ball was kicked and their odds hardened after a perfect start of six consecutive wins. However, they have lost against Wolves, Arsenal and Man City.

Chelsea and others have demonstrated that the champions are defensively vulnerable when playing out a 4-4 draw at Stamford Bridge and then a 1-1 at the Etihad recently. 

It was a case of quality over quantity for City during the transfer window. Mateo Kovacic slotted straight into a central midfield position vacated by Ilkay Gundogan, while Croatian Josko Gvardiol is a quality defender who is strengthening what was already a formidable rearguard. Jeremy Doku and Matheus Nunes have also arrived for transfer fees north of £50 million, with the former having already produced high-quality performances. 

Star striker Erling Haaland surpassed expectations in his first campaign at the Etihad Stadium, and many benefitted from Premier League prop bets involving the Norwegian. Jack Grealish, Rodri and John Stones also had excellent seasons, and it's easy to see why the bookies are taking no risks with their quotes on the champions.

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Pre-Season Favourites Do Well in Title Race

In the past 11 seasons, the pre-season favourite has won the Premier League title on seven occasions. Manchester City have obliged as odds-on market leaders in the past three seasons, while they were priced as 15/8 favorites when winning their first championship under Pep Guardiola in 2017-18.

Twelve months later, they were victorious as 8/11 favorites and have been a reliable source of income for those placing a season-long wager. Back in the 2013-14 season, Manuel Pellegrini’s Manchester City claimed the spoils when priced at 23/10, with Chelsea obliging a year later when being sent off at 19/10 to win the title. Follow Mauricio Pochettino's new side this season by visiting our Chelsea stats page for all the up-to-date betting data.

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Arsenal Still in the Title Race 

During the first half of last season, the Gunners lit up the Premier League. The Arsenal stats were so impressive that they were actually title favourites at one stage, with Manchester City breaking up for the 2022 World Cup with a home defeat against Brentford, and there were more dropped points shortly after the action resumed.

However, City demonstrated why they are always among the most solid of Premier League picks, and Mikel Arteta was left to lament the fact that his team were unable to stay the pace. On the flip side, earning 84 points to finish second in the table was a fantastic achievement, and the Spaniard will have learnt a lot from the previous campaign.

We're likely to see another title challenge from Arsenal this season, with the Gunners having secured 58 points from 26 games played so far to sit in third place. Declan Rice has improved the team, although they are regarded as unlikely to finish above Manchester City right now. The best new betting sites still think they have a chance if they can keep their form up. 

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Manchester United Written Off For the Title

Manchester United are already nine points behind Manchester City and 13 behind Liverpool in the Premier League standings. The Red Devils began the season with a fortunate win over Wolves, and they have failed to convince for much of the campaign. There have been issues at both ends of the pitch despite the arrivals of Andre Onana and Rasmus Hojland. 

Ahead of the 2023/24 season, Manchester United were being regarded as a team who could challenge for the Premier League title, but they aren't being taken seriously now.

The bookies are far from convinced by this team in relation to the title,  with United as big as 1000/1 to finish top of the table this season. Ten Hag didn't take long to turn the ship around last term, with the Dutchman recovering quickly from a bad start to steer the Red Devils into the top four, and the team remained in the Champions League spots throughout the campaign.

Ten Hag has been backed in the transfer market, but the best betting apps are now dismissive of their title chances, and it could be a battle for United to secure a place in the top four of the Premier League again this season. 

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Will Liverpool Challenge City for Title Again?

Liverpool began the season with a 1-1 draw at Chelsea, but they now top the league after 25 games played. They have put in a string of impressive performances to sit a point clear of City at present.

Dominik Szoboszlai has adjusted quickly to life in the Premier League, with fellow summer signing Alexis Mac Allister also a key figure for the Reds. There is also strength in depth when it comes to the Liverpool bench, with Wataru Endo, Diogo Jota and Cody Gakpo all making the squad stronger.

Few expected Liverpool to finish outside the Premier League top four last season, with Jurgen Klopp's side stuttering through the first few months of the campaign, and their away form was particularly suspect. Despite a strong end to the campaign, the Reds missed out on Champions League qualification, but we shouldn't forget that the Merseyside team have been the main title rivals to Manchester City in the past few seasons.

Liverpool registered 92 points in the 2021/22 season, finishing just a point behind the champions. There was also that amazing 2019/20 season, which saw Klopp steer the Reds to the title with a phenomenal 99 points, with the German now looking to build a new-look side that can once again rival City.

Mohamed Salah, Cody Gakpo, Diogo Jota, Luis Diaz and Darwin Nunez are five reasons why we should expect this Liverpool team to rack up the goals this term, while the transformation of Trent Alexander-Arnold from right-back to central midfielder could also reap dividends.

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Can Anyone Repeat Leicester City’s 5000/1 Success?

Several years later, it’s still hard to believe that Leicester City were able to produce a miracle by winning the 2015-16 Premier League title. The Foxes were regarded as relegation contenders that season, with some bookmakers prepared to offer 5000/1 that Claudio Ranieri’s side were able to finish in top spot.

As the season wore on, it was clear that Leicester could challenge for the Champions League places, although it took a long time for the bookmakers to install them as favorites before they ended up winning the Premier League by over 10 points. Keep an eye on how the Foxes might perform in the Championship next season by checking out Bookies' Leicester stats section. 

How to Bet on the Premier League Winner

Despite Leicester’s amazing success that season, it is generally the teams at the head of the market who end up competing for the big prize. Manchester City are testament to that fact after winning five of the past six Premier League titles, although Arsenal outperformed their title odds last season and rewarded each-way backers who took a chance on the Gunners. Stay ahead of the game by bookmarking our Premier League betting page.

However, this is a betting market that is updated after each game has been played. Therefore, you can not only wager antepost but also bet later in the season, while there are also alternative markets including the Premier League Top Four and Premier League Relegation.

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.