For years, Arsenal were the hunters. Now they're the hunted.
The Gunners ended a 22-year title drought last season, and open the 2026-27 Premier League campaign as 44% favorites to repeat as champions. Manchester City (20%) remain close behind, while Liverpool (13%), Chelsea (12%), and Manchester United (10%) lurk as potential challengers.
With another title race set to unfold, let's break down the latest Premier League odds and where the betting value may lie.
Premier League Title odds 2026-27
| Team Name |  Probability |
|---|---|
 Arsenal |
44% |
 Manchester City |
20% |
 Liverpool |
13% |
 Chelsea |
12% |
 Manchester United |
10% |
 Tottenham |
4% |
 Aston Villa |
3% |
Odds as of 8-17. Percentages courtesy of Kalshi.
Kalshi is a regulated financial exchange where you trade on real-world event outcomes. Instead of traditional odds, prices are listed as percentages (0-100%), representing the market’s estimated probability of an event occurring.
Market snapshot
After lifting their first league trophy since 2004, Arsenal open the 2026-27 campaign as 44% favorites to repeat as champions, solidified by a recent victory over Manchester City (20%) in the Community Shield. Man City still remains firmly in the hunt, while Liverpool (13%), Chelsea (12%), and Manchester United (10%) headline the next tier of contenders.
The market reflects both Arsenal's breakthrough season and the expectation that Mikel Arteta's core can remain among England's elite. However, history suggests defending a Premier League title is never easy, especially with several traditional powers looking to close the gap.
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.
