Is the former Man United striker and recent interim boss closing on a Premier League return with struggling Leicester City?
Ruud van Nistelrooy has emerged as the clear betting favourite to replace Steve Cooper as next Leicester City manager following a significant spike in bets placed on Tuesday morning.
Since the market opened, the Dutchman had accounted for 22% of all bets. However, that figure skyrocketed to 75% on Tuesday, with one bookmaker slashing his odds from 11/4 to 1/2, implying a dramatic increase in probability from 26.7% to 66.7%.
This shift now means van Nistelrooy, who opened as the favourite to replace Steve Cooper, is back ahead of yesterday's market leaders Graham Potter and David Moyes (now 4/1 and 9/1 respectively) in the betting markets, even at best odds of 7/2 on BetMGM.
Next Leicester Manager Odds
| Next Leicester Manager | Best Odds | Worst Odds |
|---|---|---|
| Ruud Van Nistelrooy |
7/2 |
1/2 |
| Graham Potter |
4/1 |
2/1 |
| David Moyes |
9/1 |
2/1 |
| Carlos Corberan |
10/1 |
5/1 |
| Michael Carrick |
20/1 |
13/2 |
Graham Potter had previously been the most popular pick with oddschecker users before Tuesday, collecting 25% of all bets placed.
The 2-1 defeat to Chelsea on Saturday means Leicester are winless in four league games and are the second favourites in the betting for relegation at odds of 8/15.
BetMGM UK
Premier League Relegation Odds
| To Be Relegated | Odds | Implied Probability |
|---|---|---|
| Southampton |
1/7 |
87.5% |
| Leicester |
8/15 |
65.2% |
| Ipswich |
8/13 |
61.9% |
| Wolverhampton |
5/2 |
28.6% |
| Everton |
5/2 |
28.6% |
Leon Blackman from oddschecker said: “Following a surge of bets across last night and this morning, Ruud Van Nistelrooy has been made the betting favourite for the Leicester job with several bookmakers.
“The bet365 price move has been the most significant, cutting his odds from 11/4 to 1/2 overnight. Looking at the betting data on oddschecker, we’ve seen an increase in the % of bets placed on Van Nistelrooy increase from 25% to 76% from Monday to Tuesday.
“If the Dutchman does join the Foxes, he will have a tough task ahead with Leicester currently the second favourites in the betting for relegation this season.”
