Premier League Odds 2023-24: Manchester City Still Favored Despite Recent Struggles is an independent sports news and information service. has partnerships with some of the top legal and licensed sportsbook companies in the US. When you claim a bonus offer or promotion through a link on this site, Gaming Today may receive referral compensation from the sportsbook company. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.

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Odds for the 2023-24 Premier League season are available at various sportsbooks. Fans can place a range of futures bets on the world’s top soccer league, including odds to win, odds to finish top-2, top-4 odds (a place in the top four guarantees a spot in next year’s Champions League), Golden Boot (top scorer), and odds to be relegated.

Match Odds & Scores     Standings

Manchester City has won the Premier League in five of the last six seasons, including each of the last three, and they’re the current favorites to win again in 2023-24, despite sitting in third place as of Dec. 7 following three draws and a loss in their last four Premier League matches.

Through 15 games, Arsenal (36 points), Liverpool (34), and Aston Villa (32) all have more points than City (30). Four more teams are currently within five points of fourth-place City entering Matchday 16, which takes place from Saturday, Dec. 9-10.

Odds to Win 2023-24 Premier League

The 2023-24 Premier League favorites as of Dec. 7 – with 15 matches down and 23 to play – are City, Arsenal, and Liverpool.

All the best sports betting apps, including BetMGM and Caesars, offer Premier League odds for English soccer fans.

Premier League 2023-24 Betting Favorites

Oddsmakers expect Pep Guardiola, Erling Haaland, and Manchester City to win the EPL for the fourth consecutive season. At the moment, though, City winning the league does not feel like a sure thing. This team briefly looked vulnerable with back-to-back losses to Wolves (Sept. 30) and Arsenal (Oct. 8), but rebounded with three straight wins over Brighton, Manchester United, and Bournemouth.

Concerns have grown over the last month, though. City drew Chelsea on Nov. 12, Liverpool on Nov. 25, and Tottenham on Dec. 3, then lost to Aston Villa on Dec. 6. That series of results has given fans of Arsenal and Liverpool — and more importantly, oddsmakers — reason to question whether Guardiola’s team can once again win the best league in Europe.

Manchester City Premier League Odds — Best Available: 

As Arsenal and Liverpool fans can attest, this is not the first time that City have hit a rough patch in December or January that has dropped them out of first place near the halfway point of the season. Guardiola’s team has controlled the EPL in recent years thanks to its dominance of April and May, not December and January. Nevertheless, right now, it’s safe to say that yet another Premier League trophy is far from a foregone conclusion.

For one thing, as Aston Villa just showed English soccer fans on Dec. 6, it’s not just Arsenal and Liverpool who can push this team. Villa, an impressive story in its own right through 15 games (more to come on that below), deserved to take all three points from City after outshooting the favorites 22 to 2 (including a 7-2 advantage in shots on target). With that result, Aston Villa became the sixth team in 15 games to take at least one point from City in ’23-24.

A year ago, not including two meaningless games to finish the season after City had already secured the trophy, just eight opponents in 36 matches managed to take a point from the champs. Man City’s title hopes are in jeopardy not only because of their own struggles (they’re on pace for just 76 points) but because of how many challengers there are in the league this year — it’s early, but it’s notable that there’s just a six-point gap between the first- and fourth-place teams in the table.

All that being said, let’s not forget that Haaland and Co. won 12 games in a row last year during a crucial stretch from late February through May. Their history of dominating that part of the season — along with the massive boost they’ll get once Kevin de Bruyne is back on the pitch — is why it is still risky to bet against this team.

Arsenal Premier League Odds — Best Available:

Mikel Arteta’s side spent much of the 2022-23 season in first place in the Premier League, but key injuries along the back line led to a late-season collapse that denied the club its first EPL trophy since 2003-04. Arsenal spent big over the summer, adding star midfielder Declan Rice, defender Jurrien Timber, and forward Kai Havertz. Timber suffered a torn ACL in September, but both Rice and Havertz have been impactful. The Gunners did not just beat favorites City 1-0 on Oct. 8, they did so without their top attacking player, Bukayo Saka, due to injury.

More recently, Arsenal won their last four league games by a combined score of 10-5. Bettors will get a much better idea of Arsenal’s chances to hang with City, and/or hold them off over the next few weeks. The Gunners face Villa this Saturday (Dec. 9), Brighton on Dec. 17, and Liverpool at Anfield on Dec. 23. All three are crucial, and the Liverpool match in particular looms as the biggest of the season, especially if both teams win their next two matches in the lead-up.

Liverpool Premier League Odds — Best Available:

The only team to win a Premier League title over City’s current reign of dominance, Liverpool are once again in the mix in 2023-24, thanks to both longtime stars Mo Salah, Virgil van Dijk, Trent Alexander-Arnold, and Alisson in goal, as well as summer signings Dominik Szoboszlai and Alexis Mac Allister. The latter two, along with ’22-23 additions Darwin Nunez and Cody Gakpo, give the Reds a balanced attack and enough depth to compete for major hardware for a club that won the Champions League in ’19 and the Premier League in ’20.

Liverpool traveled to Manchester City on Nov. 25 and came away with a hard-earned draw, which bodes well for Jurgen Klopp’s team’s title hopes. Given the level City have been at in recent years, avoiding losses was not good enough — to keep pace with Guardiola’s team, a draw always hurt nearly as much as a defeat. This year, though, there’s much more room for error, and it’s impressive — and noteworthy — that the Reds have just one loss through 15 matches. After dropping points in four matches (three draws and a loss) through the first 11 games, Liverpool have three wins and a draw over their last four.

With winnable games ahead — at Crystal Palace on Saturday and home vs ManU on Dec. 17 — Liverpool have a great chance to enter the big Arsenal match at home right on the heels of Mikel Arteta’s side.

Liverpool’s league-best goal-differential of +20 is a solid indicator that this team isn’t going anywhere, despite oddsmakers giving them longer odds than both City and Arsenal. One other reason Liverpool is worth a close look, especially at +350 on Bet365: while Arsenal and City have to balance Champions League runs over the second half of the season, Liverpool are in the Europa League and could rest players in Europe on days when that’s not an option for their EPL rivals.

Premier League 2023-24 Value Picks and Longshots

City appear to be facing title challenges from more than just Arsenal and Liverpool. Oddsmakers, however, are still skeptical of everyone outside of that trio.

Aston Villa Premier League Odds — Best Available:

Aston Villa were as good as anyone in the Premier League down the stretch in ’22-23, with a record of 10-3-2 over their final 15 matches, which allowed them to finish in seventh despite a rough start to the year. Their strong form from late last season has carried over to 2023-24 (a 5-1 loss to Newcastle in the season opener notwithstanding), as they’re 10-2-3 on the season, with wins over Chelsea, Brighton, Tottenham, and City.

Villa have another tough test ahead, a home game against Arsenal on Dec. 9. Unai Emery’s team has to like its chances right now, though. It’s hard to overstate how impressive they were in the win over City on Dec. 6, and this team’s form since mid-September (it has gone 8-2-1 over the last 11 matches) makes it a legitimate contender for a top-4 finish, and a possible factor in the title race, though oddsmakers haven’t apparently seen enough to price them accordingly.

It will be interesting to see whether Villa’s odds get shorter if they get a result against Arsenal, which would be the latest proof this team is for real. Even after their head-turning midweek win over City, Villa is +245 on DraftKings at home vs Arsenal.

Tottenham Premier League Odds — Best Available:

Tottenham started the season red-hot under first-year Manager Ange Postecoglou, but they have endured a humbling stretch dating back to Nov. 6. Spurs lost three in a row to Chelsea, Wolves, and Aston Villa, and they’re coming off a 3-3 draw against Man City on Dec. 3. This team still has a solid chance to finish top-4, but a title run is not in the cards.

Premier League 2023-24 Golden Boot Odds

A year ago, Manchester City’s Erling Haaland ran away with the Golden Boot award given to the league’s highest-scoring player. After a historic 36-goal ’22-23 season at age 22, Haaland is well on his way to once again leading the league, if not breaking his own record. He has scored 14 goals through 15 games, well ahead of second-place Mo Salah, who has 10 on the year.

Oddsmakers see Salah as the only player capable of keeping pace with Haaland, as Liverpool’s veteran Egyptian star is a long shot at +600, and Tottenham’s Son Heung-Min (nine goals scored) is next at +1600.


Premier League 2023-24 Relegation Odds

There’s a long way to go in the season, but Premier League relegation odds are already available. At the moment, the three teams oddsmakers consider the most likely to be relegated are Sheffield United (), Luton Town (), and Burnley (). All three were in the Championship last season and secured promotion to play in the Premier League this year.

None of those three teams have more than two wins through the first 15 games of the year. The other candidates to finish bottom-three are Everton (), Nottingham Forest (), and Bournemouth ().

Premier League 2023-24 Match Odds

When fans bet on Premier League or other soccer matches, the most common bets available are on the three-way moneyline. Because a Premier League match can end in a draw, bettors choose between three outcomes: a win by Team A, a win by Team B, or a draw. Because of this, bets on the three-way moneyline pay out higher than typical moneyline bets.


EPL Scores

Premier League 2023-24 Standings

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How to Bet on the Premier League

For anyone new to betting on the Premier League, the steps below will get you started with the process of signing up with a sportsbook and making your first wagers.

Choose Your Online Sportsbook

Most states with legal sports betting offer multiple mobile sports betting apps that you can choose from. Welcome bonuses and the odds they offer for the Premier League will vary, with each sportsbook offering different prices.

Gaming Today has you covered with everything you need to know about the online sportsbooks available in each state. Once you’ve made your choice of sportsbook, you will need to provide proof of age and identity to register for a new account. You can use one of the links or promo codes on this page to get started.

Make Your First Deposit

Once the sportsbook verifies your account details, you can make a deposit and begin wagering, perhaps by betting on the latest Premier League odds. Find the cashier page at the sportsbook you’re using, and you’ll see the various methods available for you to make a deposit, including PayPal, Play+, debit/credit cards, and ACH/eCheck.

Make Your First Bet

Premier League match bets as well as futures bets are available at virtually every sportsbook, but you may need to use the search bar and type in “soccer,” “EPL,” or “Premier League” to find the odds you’re looking for. You will have access to various bets that can be placed on the EPL, but keep in mind that if you’re using a welcome bonus, that is only available for the first wager you place.

Cashing Out

Let’s think positively and assume your first Premier League bet is a winner. Now, you have a choice to make: you can reinvest with another bet/bets, or you can cash out. Your sportsbook will offer you several ways to cash out, with PayPal and ACH/eCheck among the options.

Premier League 2023-24 Odds FAQ

Who is favored to win the Premier League?

The current favorites to win the 2023-24 Premier League are Manchester City. They are currently even odds, or shorter, to win the league at most sportsbooks.

How do I interpret Premier League odds?

Premier League match odds are typically available as three-way moneyline odds. Futures odds for the Premier League are also available at most sportsbooks, with bettors having the option to bet on the league winner, a team’s chances of finishing top-4 (and qualifying for the Champions League), and it’s also possible to bet on a team to be relegated, or to bet on its odds to avoid being relegated.

What is the best site to use for betting on the Premier League?

Many sites offer a range of bets on the Premier League, including BetMGM, Caesars, FanDuel, BetRivers, Bet365, and DraftKings. All offer a variety of bets on each match, including player props like “first time goalscorer” and “anytime goalscorer.”

How many Premier League clubs have a gambling sponsor?

A number of Premier League clubs currently have a bookmaker as their shirt sponsor, but UK legislation has been introduced that will make it illegal to have a gambling company as a team’s front-of-shirt sponsor, starting with the 2026-27 season. The eight EPL teams that currently have a shirt deal with a gambling company are Aston Villa (BK8), Bournemouth (Dafabet), Brentford (Hollywoodbets), Everton (, Fulham (Sbotop), West Ham (Betway), Burnley (W88), and Nottingham Forest (Kaiyun).

Does DraftKings offer Premier League Betting?

Yep! DraftKings is one of a number of sportsbooks that offers a range of Premier League markets, from moneyline and spread bets for EPL matches to futures markets to win the league, finish top-2, finish top-4, and more.

About the Author
Tyler Everett

Tyler Everett

Tyler Everett has been a sports writer since joining the student newspaper at his alma mater, NC State, back in 2008. He's covered sports and sports business for a number of newspapers and websites, including the Denver Broncos, Charlotte Observer, High Press Soccer, and Sports Business Journal, where he currently works full-time.

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