EPL Title Odds 2024-25: Liverpool Move to Minus-Money Favorites, City Lose Again
Liverpool put together a magical performance in Gameweek 12, coming back from down 2-1 against Southampton to collect the three points and move to minus-money favorites to win the league by the latest Premier League odds.
Meanwhile, City lost their third straight league match, falling to eight points back of the league leaders.
Arsenal finally recovered for a win, as did Chelsea. They now sit joint-third, one point back of City.
Liverpool are the most complete team in England. They've conceded an absurd eight goals all season, and their odds continue to shorten at our best sports betting apps as a result.
Premier League title odds
Premier League favorites
Liverpool (-120)
Liverpool just keep ticking along, albeit facing a bit of drama in their Gameweek 12 victory. Liverpool looked asleep at the wheel until they slammed the pedal to the floor and dominated Southampton.
The Reds continue to make the Gameweek 4 home defeat a distant memory as they progress, and the way they've responded is a testament to Arne Slot's influence at his new club.
Liverpool have played a noticeably different, more methodical style of football that resulted in six clean sheets through 12 games.
Their odds shortened from +800 since Gameweek 4 to now minus money. Are we witnessing the beginning of the Slot Era?
Best odds: -120 via DraftKings | Implied probability: 54.55%
Man City (+350)
Last year, for the fourth straight season, City emerged as champions, clinching it on the final matchday as Arsenal took them to the wire.
City look terrible, though, since the season-ending injury to world-class midfielder Rodri. They were just barely squeaking out results for weeks, and now they're unable to do even that.
There are definite cracks in the armor. The biggest crack to fill is, of course, the absence of Rodri. Can City bounce back from this spell of poor form, or will this be a theme for a large portion of the campaign?
Best odds: +350 via BetMGM | Implied probability: 22.22%
My Premier League team to watch
Arsenal (+333)
Arsenal have failed to capitalize on back-to-back strong seasons, finishing as the first runners-up behind City. However, the Gunners look to be in their best spot yet to win it all.
Arsenal are loaded with world-class talent, but they aren't quite rising to the occasion thus far.
The Gunners suffered an ugly defeat in Gameweek 8 and conceded twice against Liverpool without world-class centerback William Saliba. They then fell once again to a Newcastle side that had previously taken only two points from its last five matches.
They managed to take a draw against Chelsea, but Arsenal could be slipping out of contention.
Best odds: +333 via bet365 | Implied probability: 23.09%
2024 Premier League odds over time
(Latest odds via DraftKings)
| Team | Opening odds (May 20) | Odds on Aug. 15 | Odds on Nov. 10 |
|---|---|---|---|
| Man City | -125 | +137 | +350 |
| Arsenal | +300 | +162 | +330 |
| Liverpool | +800 | +700 | -120 |
| Chelsea | +1600 | +2000 | +1600 |
| Manchester United | +2000 | +2000 | +10000 |
| Newcastle | +3300 | +3300 | +10000 |
| Tottenham | +3300 | +2500 | +4000 |
| Aston Villa | +5000 | +6600 | +20000 |
| Brighton | +10000 | +15000 | +15000 |
| West Ham United | +15000 | +20000 | +100000 |
Past Premier League champions
| Team | Year | Preseason odds |
|---|---|---|
| Man City | 2024 | -150 |
| Man City | 2023 | -140 |
| Man City | 2022 | -145 |
| Man City | 2021 | +150 |
| Liverpool | 2020 | +300 |
| Man City | 2019 | -150 |
| Man City | 2018 | +175 |
| Chelsea | 2017 | +600 |
| Leicester | 2016 | +500000 |
| Chelsea | 2015 | +185 |
How to read Premier League title odds
Premier League title odds reflect the probability of each English Premier League team winning the championship and are typically presented in American odds format (+XXX). Lower odds signify favoritism, while higher odds indicate underdog status.
A team with +750 odds to win the Premier League is given an 11.76% implied probability of doing so with a $10 bet returning a $75 profit with a victory. A team with +1500 odds would have higher or longer odds, and a lower implied probability of 6.25%, but a win on a $10 bet would return a profit of $150.
Bettors should consider team performance, roster strength, injuries, and historical trends when assessing odds. By comparing odds across sportsbooks, individuals can make informed betting decisions during the Premier League season.
Premier League title FAQs
Who are the premier league favorites?
Liverpool are the 2024-25 Premier League title favorites with odds of -120 at DraftKings. Those odds imply a 54.55% win probability, and a winning bet would pay $18.33 on a $10 wager for a profit of $8.33.
Who won the Premier League last year?
Man City are coming off four successive Premier League titles and will seek a fifth consecutive championship in 2025.
When will the Premier League start in 2024-25?
The 2024-25 Premier League season got underway on Aug. 16.
Who was promoted to the Premier League in 2024-25?
Leicester City, Ipswich Town, and Southampton joined the Premier League for this season after earning promotion via the EFL Championship. They replaced Luton Town, Burnley, and Sheffield United.
Soccer betting odds pages
Here are our best soccer betting sites:
- Caesars Promo Code: SBRBONUSDYW
- BetMGM Bonus Code: SBRBONUS
- bet365 Bonus Code: SBRBONUS
- FanDuel Promo Code
- DraftKings Promo Code
- Hard Rock Bet Promo Code
- Fanatics Sportsbook Promo Code
(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.
Not intended for use in MA.
Each betting site featured on SBR has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
Related Articles
