Leicester City have just managed one of the biggest miracles in sporting history, with Chelsea’s 2-2 draw with Tottenham ensuring the Foxes lift the Premier League title this season. What does their 5000-1 victory mean for the bookies next season though? And what changes can we expect to see?
How many would have even remotely considered the possibility that Leicester could win the title this season? Claudio Ranieri was one of the few who really seemed to believe it (via The Telegraph), but beyond the Italian manager very few would ever have even thought about it. But while it’s incredibly unlikely that lightning will strike twice, more fans may be willing to take a punt after seeing Leicester do the impossible. Claudio Ranieri The Telegraph
Bookmakers may see a massive influx of bets on the newly promoted teams and the rest of the minnows of the Premier League, with a huge number now thinking it could be worth it to pop a pound on a few of the smaller teams.
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Very few teams have won the Premier League in the past, with Leicester joining a very select group. The gap between the top and bottom clubs is arguably lessening though, with the huge amount of money being handed out to teams in the top flight allowing even some of the smaller teams to invest heavily. Obviously it’s still a case of few clubs being able to compete with the likes of Chelsea, Manchester United, and Manchester City, but the chasm between clubs has certainly been bridged. This season is all but over, but looking ahead to the 2016/17 campaign it’s really interesting to think about who could be competing for the title.
Bearing in mind that the end of the season is near, some bookies are already offering odds for the winner of the 2016/17 season. Man City are the favourites, with the best odds for them winning the league being 3/2.