A popular bet these days is the Next Premier League Manager To Leave market, with several firms offering odds on the next top flight boss to either resign, to be sacked from their post.
Today has seen the odds of Harry Redknapp becoming the next Premier League manager to leave his job tumble, with Victor Chandler’s odds falling from 100-1 to 8-1. William Hill, Sky Bet and Paddy Power have all cut their odds to between 10-1 and 9-1. You can seen the pattern of the fall in prices here.
For those of you that don’t understand betting markets, odds tend to come in like this when either the bookmaker gets wind of a something that could effect the market, or a lot of punters start placing sizable bets on a selection.
A Tweet is now doing the rounds publicising the falling odds, which probably means that they will fall further. Redknapp was of course once in the centre of a situation when it was stated that he would not get the Portsmouth manager job (which saw his odds rise considerably), only to be given the post the next day, amidst claims that plenty of in-the-know bettors profited handsomely.
So do you think that there is anything in this? Or is it just another rumour that has got out of hand and is leading mug punters to lump on? We hope that it’s the latter, but nothing would surprise us in football.