Premier League: Odds & Betting Insights

min read
(AP Photo/Dave Thompson)
BetMGM Staff @BETMGM Jul 13, 2022, 1:05 PM

With Premier League action less than a month away from kicking off, Manchester City is currently the favorite when it comes to Premier League odds.

August 5 will see the opening matchup of the calendar season, with Crystal Palace taking on Arsenal. The favorites, Manchester City, will begin their league schedule on August 7 against West Ham United F.C.

Pep Guardiola and his squad currently own the best odds to capture the Premier League this season, with odds of -160. There’s a lot to like about Man City, who’ve won two straight league titles and four of the past five, which should give bettors some confidence in what this team offers.

Not only has Guardiola’s squad been highly consistent, but they also added some star power to their team in the offseason. Erling Haaland was acquired in a deal from Borussia Dortmund, and the 21-year-old is one of the best strikers on the planet, giving this team another offensive weapon up front.

Haaland has scored 23 career goals in Champions League while adding 61 during his Bundesliga tenure. Those numbers will play fine in the Premier League and help justify why this club is the current favorite.

Even with Man City being sizable league favorites, they haven’t gotten a lot of attention in the futures market from the public.

Man City owns just 5.2% of tickets and 3.2% of the handle. There isn’t a ton of value in their current price.

Besides Man City, the only team with odds currently above +1000 to win the league is Liverpool, who sits with odds at +225. Jurgen Klopp and Liverpool are the biggest threat to dethroning Man City. These clubs were neck and neck last season, with Man City coming out on top by just one point, while Liverpool was also the last team to win the league that wasn’t Manchester City in 2019-20.

There are question marks about whether or not Darwin Nunez will work out in Liverpool, but they placed a sizeable gamble on his presence after they signed him from Benfica for a club-record fee of £85 million. If that transfer does work out, things could favor Liverpool this year, meaning you have to like their value at +225.

Rounding out the top five in current odds are three clubs below +1000. The list is headlined by Tottenham, who own the third-highest odds at +1400, followed by Chelsea at +1600, and Manchester United at +2800.

Tottenham Hotspur F.C. has garnered a lot of attention from the public, with 32.8% of tickets heading in their direction, while also more than 50% of the money. There’s a lot of positivity surrounding this club, and there’s definite value in their current price of +1400.

Two other clubs currently boast more than 10% of tickets, with Arsenal sitting at 16.1% and Chelsea at 10.9%. Besides Tottenham owning more than 50% of the handle at 51.6%, Arsenal and Liverpool both hold 11.4%.

Premier League Odds

TeamOpening OddsCurrent Odds
Manchester City-150-160
Liverpool+200+225
Tottenham+2800+1400
Chelsea+1200+1600
Manchester United+2000+2800

Soccer Betting at BetMGM

With odds for matches around the world, there’s never a break in soccer betting at BetMGM.

Whether you’re a first-time bettor browsing World Cup odds, a casual soccer fan building a parlay, or a longtime diehard breaking down EPL trends, there are online sports betting opportunities for everyone.

BetMGM $1000 Welcome Bonus Offer
About the Author

BetMGM Staff

Read More @BETMGM

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.