Arsenal, Manchester City, Chelsea, and Hull City have all made perfect starts to the 2026-27 Premier League season, sitting atop the table with six points through Matchweek 2.
The defending champion Gunners remain the team to beat and are now -125 favorites to retain their Premier League crown at DraftKings. Manchester City (+350) remain their closest challengers, while Chelsea (+500) have also shortened after opening the campaign with back-to-back victories.
With two Matchweeks in the books and the title market already beginning to take shape, let's break down the latest Premier League odds, market movement, and where the betting value may lie.
Premier League Title odds 2026-27
| Team Name |  |
|---|---|
 Arsenal |
-125 |
 Manchester City |
+350 |
 Chelsea |
+500 |
 Manchester United |
+1400 |
 Liverpool |
+1600 |
 Tottenham Hotspur |
+8000 |
Odds as of 8-31.
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Market snapshot
Arsenal are already odds-on at -125 after just two matches, an aggressive price considering there are still 36 games left to play. The market isn't simply treating the Gunners as favorites anymore — it's asking bettors to lay juice on a title winner before September has even arrived.
That creates an interesting divide further down the board. Manchester City remain within striking distance at +350, while Chelsea's perfect start hasn't been enough to push them below +500. From there, the market falls off a cliff, with Manchester United (+1400) and Liverpool (+1600) already carrying significantly longer prices.
The question for bettors isn't whether Arsenal deserve to be favorites. It's whether there's any value left at -125 this early in the season — or whether the better opportunity lies with one of the challengers at a much bigger number.
Past Premier League champions
Here are the previous 10 Premier League champions:
| Season | Premier League champion | Runner-up |
|---|---|---|
| 2025-26 | Arsenal | Manchester City |
| 2024-25 | Liverpool | Arsenal |
| 2023-24 | Manchester City | Arsenal |
| 2022-23 | Manchester City | Arsenal |
| 2021-22 | Manchester City | Liverpool |
| 2020-21 | Manchester City | Manchester United |
| 2019-20 | Liverpool | Manchester City |
| 2018-19 | Manchester City | Liverpool |
| 2017-18 | Manchester City | Manchester United |
| 2016-17 | Chelsea | Tottenham |
Premier League title trends
- Manchester City are the only club in history to win four straight Premier League titles.
- Only two clubs have won three consecutive Premier League titles. Manchester United accomplished the three-peat twice in 1999-2001 and in 2007-09, while Manchester City is a four-time defending champion.
- Manchester City has won 53% of all Premier League titles awarded since 2014.
- Only seven clubs have won the Premier League title since its introduction in 1992.
Premier League Odds FAQs
Arsenal are the betting favorites to defend their EPL crown in 2027.
Arsenal are the defending champions after winning their first title since 2004.
Under its current construction, Manchester United have won nearly three times more than the next closest team, at 13. Expanding it to include the previous structure, Man United still hold the most first division titles at 20.
Since its new formation in 1992, the Premier League has seen seven different winners.
