Premier League Team Futures Odds 2023-24: Man City Favored to Win Fourth Straight Title

Even if oddsmakers are right about Manchester City once again being the best team in the English Premier League, there’s plenty of intrigue around the league as the ’23-24 season kicks off this weekend.

Between last year’s top four of City, Arsenal, Manchester United, and Newcastle — and four more teams with high expectations, including a Liverpool side expecting a bounce-back — the battle for a top-four finish promises to go down to the wire.

In Gaming Today’s breakdown of the 2023-24 Premier League title, top-4, top-6, and relegation battles, we offer top bookmaking apps’ prices for each race and analyze the contenders.

Premier League 2023-24 Outright Odds

Premier League 2023-24 Outright Odds Analysis

Manchester City Outright Odds Analysis

City are the clear favorites after outlasting Arsenal down the stretch in ’22-23. Pep Guardiola’s side have won the EPL the last three seasons – they’re just the second club in league history to go back-to-back-to-back – and five of the last six.

Over the summer, City lost a few key pieces in winger Riyad Mahrez and midfielder Ilkay Gundogan. Neither were necessarily replaced like-for-like, but City did add Mateo Kovacic in the midfield. They also bolstered an already strong back line by spending big on young Croatian star Josko Gvardiol.

City’s depth made the difference a year ago, and it’s a big reason they’re the favorite again. If you’re looking to bet against them, you’re probably taking a chance on this team getting complacent after a nearly perfect 2022-23. But with Erling Haaland and Kevin de Bruyne still playing at a high level, a deep back line, and a ton of young talent that was limited to small roles last season only by the stars at their positions – Phil Foden, Kalvin Phillips, and Julian Alvarez, to name a few – this team’s price at around -140 makes perfect sense.

Premier League Contender Analysis

If anyone is capable of challenging City, Arsenal and Liverpool strike me as the teams most likely to do so. This summer, Arsenal improved its midfield by acquiring Declan Rice and signed forward Kai Havertz and center back Jurrien Timber to provide the one thing last year’s team lacked, especially compared to City: depth.

Liverpool, on the other hand, added two potential difference-makers in the midfield in Dominik Szoboszlai and Alexis Mac Allister. If Jurgen Klopp’s side can be above average defensively, they appear to have the firepower and balance up top to challenge for a title.

The biggest wild card in the league is Chelsea. After a disastrous first season under Todd Boehly, the Blues carried out an offseason overhaul of their roster. How all the new pieces will together under new manager Mauricio Pochettino is anyone’s guess, but the talent available makes Chelsea an intriguing wild card, particularly at a price like +1600 on DraftKings.

Premier League 2023-24 Top-4 Odds

Premier League 2023-24 Top-4 Analysis

Oddsmakers are aligned on City, Arsenal, and Liverpool. Each of those three teams is -175 or shorter across FanDuel, bet365, Caesars, and DraftKings.

It gets interesting after that, as Manchester United, Chelsea, and Newcastle all appear to have a legitimate shot at fourth place, while Brighton and Aston Villa are considered dark horses.

In Year 2 under Erik ten Hag, ManU feel like a solid bet to take a step forward. With everyone more comfortable in ten Hag’s system after getting acclimated in 2022-23 and following an impressive summer featuring upgrades at keeper (former Ajax star Andre Onana) and attacking midfielder (Mason Mount), expectations are understandably high at Old Trafford. If – and it’s a big if — 20-year-old striker Rasmus Hojlund adapts quickly to the Premier League, United should once again have a good shot to finish third or fourth, or better.

Chelsea, as mentioned above, could feasibly finish anywhere from 10^th to first (though the latter would be a shock), depending on how it all comes together.

Newcastle had a great season last year, especially when Bruno Guimaraes was healthy, but are they deep enough to contend in the EPL while playing in the Champions League for the first time in ages?

Brighton and Aston Villa are both intriguing, so much so that a bet on Brighton at +650 (DraftKings) or Villa at +800 (bet365 and Caesars) feels like infinitely better value than Tottenham at any of the prices listed above for Spurs.

Premier League 2023-24 Top-6 Odds

Premier League 2023-24 Top 6 Analysis

Five teams strike me — and oddsmakers — as top-6 locks: City, Arsenal, Liverpool, ManU, Chelsea, and Newcastle.

After that, sportsbooks expect the battle for sixth place to feature Tottenham, Brighton, and Aston Villa. Tottenham are only priced as the favorite of those three because of recent history: both Brighton and Villa were better than Spurs last year, and Villa improved this summer by signing center back Pau Torres from Villarreal and winger Moussa Diaby from Bayer Leverkusen. The latter was one of the most underrated players in the Bundesliga the last two years, with 13 goals and 12 assists in ’21-22 followed by a nine-goal, eight-assist ’22-23 campaign.

Premier League 2023-24 Relegation Odds

Premier League 2023-24 Relegation Analysis

Oddsmakers expect promoted sides Luton Town and Sheffield United to finish bottom-3 and drop back down to the EFL Championship next season.

Based on these prices, the following teams all have reason to fear relegation: Wolves, Bournemouth, Nottingham Forest, Everton, Burnley, and Fulham.

Of those clubs, Wolves might have the worst vibes at the moment, as well-respected Manager Julen Lopetegui resigned this week, just days before his team’s first match. Everton, Nottingham, and Bournemouth finished ’22-23 in 17th, 16th, and 15th place, respectively, narrowly avoiding the drop.

If there’s a “value play” here, it’s Wolves given Lopetegui’s resignation and the turmoil around the club’s ownership.

Read more: Premier League Golden Boot odds