However, only maintaining their automatic promotion spot via goal difference, and currently level with two other clubs on points, they seem too short to back at 8/15 to ascend to the top flight.
Troublesome away form should also be a strong deterrent for punters considering investment in Nigel Pearson’s men to go up.
A loss at London Road to relegation-threatened Peterborough in their last fixture was Leicester’s seventh defeat on the road this term, and probably most worrying, given it came against the league’s bottom club.
That result represented the third time this season that the Foxes have lost away to lower-half opposition too, a trend they’ll hope to buck to remain in promotion contention.
And as the business end of the season fast approaches, and contests against fellow promotion hopefuls take on greater importance, Leicester’s record against top-half teams must improve too.
Pearson’s charges have won only two games on their travels to top-12 teams, with four defeats emanating from their seven clashes so far against top-half opposition.
Also, in addition to problematic form away from the King Power Stadium, consistency issues could plague Leicester’s assault on a top-two spot.
Demonstrated most recently by a loss, win, and a draw from their past three games, the Foxes can sometimes be guilty of struggling to string victories together.
And should they manage to address that concern, it must be a priority to ensure that the repetition of a previous blip doesn’t materialise.
Earlier in the season, the Blues followed a five-match winning streak with a run that saw them claim just one victory in their next six.
Doubts over their ability to handle the pressure of a sustained promotion tilt are not unfounded either, with the club reaching the play-offs in just one of the past three seasons.
They were well in the reckoning in each of the other two campaigns, but failed to demonstrate a ruthlessness to see them over the finish line, which again is worrying.
All things considered, and with the likes of Watford improving vastly to enter the race for a top-two berth, City look too short to reach the Premier League at 8/15.
Instead, a bet on the Foxes to qualify for the play-offs this term could prove a better option at 1/1.
All Odds and Markets are correct as of the date of publishing.