Anyone who enjoys placing the occasional sports bet will have already noticed by now how the betting odds are subject to change at any time without warning, and the main reason for this is that numerous variables can impact the odds.
For example, English Premier League football team Arsenal FC was the second odds-on favourite team to win the 2024/25 EPL before the season started based on their strong end to the 2023/24 campaign.
However, they have gotten off to a relatively shaky start to the 2024/25 campaign, and their odds of winning the league outright this season have been greatly reduced because of their poor start.
Let’s dive in to find out more.
What kind of factors and variables can impact betting odds?
Many different factors and variables can significantly impact sports betting odds. For example, when betting on football competitions, such as the English Premier League (EPL), some of the biggest factors that can influence the latest odds are the following:
- Current form (team/individuals)
- Current league standing
- Squad strength
- Injuries
- Importance of match
- Historical results between the two sides
- Weather conditions
- Transfers/new signings
- Suspensions
- Interim/new manager
- Packed schedules filled with fixtures
When placing sports bets on the EPL, it’s best to gather as much relevant data and statistics as possible to give your wagers the best chance of returning a profit. However, it’s always important to remember that bets are never guaranteed to return a profit, even when betting on the favourites.
Even the underdogs/outsiders/least favourites with the lowest odds can sometimes upset the odds and beat the favourites. Placing more informed bets is easier to do when arming yourself with as much information as possible.
Can Arsenal win the EPL?
The quickest, easiest, and most reliable way to find out if Arsenal can win the league outright this year is to look at the latest and most highly competitive EPL odds currently being offered for this particular market by trusted brands such as 1Bet.
For example, since Arsenal’s relatively underwhelming start to the season, the odds of winning the EPL outright have been dramatically reduced over the past few weeks.
They are currently only the third odds-on favourites to win the league behind Liverpool (who are now sitting at the top of the table) and current reigning champions Manchester City (2nd in the league behind Liverpool).
Here is a quick comparison of the most recent odds for each of these three teams to win the 2024/25 English Premier League outright, including all three odds formats and the implied probability rates:
- Bet type: 2024/25 EPL outright winner. Team: Manchester City. Odds: +150 (American/moneyline), 2.50 (decimal), 6/4 (fractional). Implied probability rate (IPR). 40.00%
- Bet type: 2024/25 EPL outright winner. Team: Liverpool. Odds: +175 (American/moneyline), 2.75 (decimal), 7/4 (fractional). IPR: 36.40%
- Bet type: 2024/25 EPL outright winner. Team: Arsenal. Odds: +330 (American/moneyline), 4.30 (decimal), 33/10 (fractional). IPR: 23.30%
Arsenal are also still competing in the UEFA Champions League, but their odds of winning this European competition are slightly lower at +700, which is 8.00 in decimal odds and 7/1 in fractional odds, with only a 12.50% IPR.
Upcoming fixtures
If Arsenal can win at least four or five out of their next six matches in the English Premier League and all three of their upcoming UEFA Champions League matches, their odds of winning both competitions will dramatically improve, so if you do want to place a bet on Arsenal to win either, make sure you keep your finger on the pulse of the ever-changing odds and stick to betting on reputable sites, such as the official 1bet online sports betting and casino website.
Remember to gamble responsibly when betting online and to set a reasonable spending budget before depositing.