After Leicester City pulled off arguably the biggest upset of all time in winning the English Premier League last year at betting odds of up to 5000/1 before the season, sportsbooks monitored by OddsShark.com expect a return to the norm for 2016/17.
Two-time champion Manchester City is listed as the +250 favorite (bet $100 to win $250) on the odds to win the Premier League, while 13-time champ Manchester United is right behind them at +300.
The Foxes are +3000 to repeat as the kings of the EPL after winning it for the first time in their 132-year history last year. They became only the sixth different club to ever win the league and the second in as many years not named Manchester City or Manchester United, with four-time winner Chelsea taking home the crown in 2015.
Manchester City (2012 and 2014) and Manchester United (2011 and 2013) won the previous four years.
Chelsea is +550 to win it for the second time in three years and figures to give the Manchester clubs a run for their money yet again following a disappointing campaign.
Last season, Chelsea finished with just 50 points and ended up 10th in the EPL standings. Leicester City led the way with 81 points while Arsenal was second with 71.
Arsenal is the +650 fourth choice to win the EPL and has three titles overall, the last coming in 2004. Tottenham Hotspur was third last season with 70 points and is +800 this season along with Liverpool, which had 60 a year ago.
Neither team has ever won the EPL, but Leicester City’s title makes almost anything possible for this season.
The previous year, Leicester City was just six points away from relegation based upon their poor performance, finishing 14th with 41 in 2015. But new manager Claudio Ranieri replaced Nigel Pearson for the Foxes and proved to be the difference in leading them to the championship.
The bottom three teams are relegated to the Football League Championship and do not compete in the EPL the next season. Newcastle United, Norwich City and Aston Villa are the three that were relegated after last year.