Chelsea’s betting odds have drifted out to 9/1 to win the Premier League this season, which is by far their biggest price of the campaign to date, and manager Carlo Ancelotti has conceded that they are unlikely to become champions.
One win in nine Premier League games has seen Chelsea slowly fall off the title pace and they now find themselves outside of the Champions League places, nine points behind leaders Manchester United.
The latest in the line of disappointing results has come away at prime relegation candidates Wolves, who were not put under any serious pressure to claim a vital 1-0 win.
Chelsea’s defeat at Wolves ended a magical few days for Manchester United as they were the only title contenders to win in the latest round of fixtures.
Manchester United’s betting odds are now 4/6 to win the Premier League after Arsenal and Manchester City drew at the Emirates and Tottenham fell to defeat at Everton.
Meanwhile, the Chelsea loss will add further fuel to the fire that Ancelotti’s days may be numbered at Stamford Bridge as this is currently their worst run of form since Roman Abramovich bought the club in 2003.
Ancelotti is 4/1 to be the next Premier League manager to lose his job, with Liverpool’s Roy Hodgson the 4/5 favourite in this football betting market.
Chelsea’s FA Cup third round game at home to Ipswich will now take on added importance for Ancelotti as a failure to beat Championship opposition will surely be the final straw for Abramovich.
It is 1/5 in the FA Cup betting market that Chelsea beat Ipswich, with the visitors 12/1 to continue their strong cup form which has seen them reach the semi finals of the Carling Cup.
A £10 bet on Manchester City winning the Premier League despite the negativity of their display against Arsenal could lead to a return of £70. New Ladbrokes customers can sign up here for a free £10 bet.