Premier League Odds 2026-27: Arsenal Begin Their Title Defense as Favorites

Chris Vasile - Betting Analyst at Covers.com
Chris Vasile • Betting Analyst 13+ years betting experience
Updated: May 31, 2026 , 03:14 PM ET • 4 min read

Arsenal finally broke through last season, ending a 22-year wait for Premier League glory. Now the Gunners are favored to defend their crown against challengers led by Manchester City, Liverpool, and Manchester United.

Arsenal's Martin Odegaard lifts the trophy as he celebrates.
Photo By - Reuters Connect. Arsenal's Martin Odegaard lifts the trophy as he celebrates.

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 +150 favorites to repeat as champions. Manchester City (+250) remain close behind, while Liverpool (+550) and Manchester United (+600) 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 2025-26

Team Sports Interaction Implied Probability
Arsenal Arsenal +150 40.00%
Manchester City Man City +250 28.57%
Liverpool Liverpool +550 13.33%
Manchester United Manchester United +600 12.50%
Chelsea Chelsea +1000 8.33%
Aston Villa Aston Villa +2500 3.85%
Newcastle United Newcastle United +4000 2.44%
Tottenham Tottenham Hotspur +5000 1.96%

Odds as of May 31, 226. Bet Premier League futures at Sports Interaction.

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Market snapshot

A closer look at the betting market

Arsenal may have finally ended their long wait for a Premier League title, but oddsmakers believe the Gunners are just getting started.

After lifting their first league trophy since 2004, Arsenal open the 2026-27 campaign as +150 favorites to repeat as champions. Manchester City (+250) remain firmly in the hunt, while Liverpool (+550) and Manchester United (+600) 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

Liverpool clinched their second Premier League title in 2024-25. Here are the previous Premier League Champions over the last 12 years:

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
2015-16 Leicester City Arsenal
2014-15 Chelsea Manchester City
2013-14 Manchester City Liverpool

Premier League title trends

  1. Manchester City are the only club in history to win four straight Premier League titles. 
  2. 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.
  3. Manchester City has won 53% of all Premier League titles awarded since 2014.
  4. Only seven clubs have won the Premier League title since its introduction in 1992.

Understanding Premier League betting odds

Premier League futures odds are constantly adjusted throughout the offseason due to player transfers and injuries. Once the season begins, title odds will change as teams win and lose games and as more players get hurt or suspended. Sportsbooks will also adjust PL odds based on handle and liability to certain teams.

Premier League futures odds will usually look like this:

Man City +175

This means that on a $100 bet, you'll stand to win $350 if Man City wins the Premier League. If it's close to the end of the competition, or a club has been particularly dominant, you might see them with a minus sign (-) ahead of their odds. 

Arsenal -120

This means that you would need to bet $120 to win just $100 on an Arsenal championship.

Above, we have posted the American odds for the Premier League. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Premier League Odds FAQs

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Chris Vasile Covers.com
Betting Analyst

Chris Vasile is a betting analyst with over 13 years of experience breaking down soccer betting markets, with additional coverage across the WNBA and NFL. He focuses on finding numbers that are slow to adjust — whether it’s due to scheduling spots, player usage, or recent form — and explaining why a line is worth playing. His work has appeared across major betting and sports media platforms, including Covers, VSiN, BetMGM Network, and SportsGrid, where he’s delivered sharp analysis on both mainstream and niche markets. At Covers, he contributes to major tournament coverage and daily betting content, with a particular focus on soccer. He also runs the Game Day Wagers YouTube channel, where he shares daily picks and betting insights tailored for serious bettors.

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