Preston to be relegated from the Championship odds have drifted to 1/3 with Betway, out from 2/13, as three of 13 bookmakers ease their prices today.
The odds on Preston to be relegated from the Championship have drifted out from 2/13 to 1/3 with Betway, and Graham Alexander's side finally have something to smile about.
Three of 13 bookmakers have eased their odds on Preston to be relegated from the Championship.
Preston still head the market at a best price of 1/3 with Betway, even after the drift.
Jordan Thompson's first-half volley sank Southampton at Deepdale for Alexander's first win in charge.
Goalkeeper Lee Nicholls kept a clean sheet on his league debut, making eight saves.
This move comes down to one result. Preston beat Southampton 1-0 at Deepdale, with Thompson's volley in the first half settling a stubborn, messy afternoon. Nobody will call it pretty, but it was the first win under Alexander, and it came after Preston had won only one of their opening 14 league outings. For a side that had forgotten what three points felt like, that matters more than the performance did, and the bookmakers have noticed.
When Alexander returned to the club in September, Preston were sitting 23rd in the log. Against Southampton he rang the changes, handing Nicholls his chance in goal and asking his side to press aggressively high up the pitch in the first half. That pressing structure, with Nicholls behind it, is the clearest reason to think this group can fight. It also explains why the price on Preston to be relegated from the Championship has eased rather than shortened again, although at 1/3 with Betway the implied probability still says the drop is more likely than not.
Championship Relegation odds
The Preston odds range from a best of 1/3 with Betway to a worst of 1/6 with Paddy Power and Skybet.
Last updated: 8 November 2026, 07:16 UK time
Odds below are live and may have changed since publishing this article.
Will Preston be relegated from the Championship?
Preston remain the favourites at a best price of 1/3 with Betway, so the drift has not changed the order at the bottom of the Championship odds. What stands out is who sits behind them. Derby are second in the betting at 8/13 with William Hill, and they picked up a morale-boosting win of their own just a day before Preston beat Southampton. Charlton and Lincoln complete the leading pack, and for now the bookmakers see this as a scrap between a handful of clubs rather than a one-horse race.
Preston – 1/3 with Betway. The first win under Alexander has eased the price, but they are still the shortest in the market.
Derby – 8/13 with William Hill. Beating Bolton at Pride Park ended a 10-match winless league run.
Charlton – 12/5 with Bet365, third in the betting.
Lincoln – 5/2 with Paddy Power, Skybet and Betfair Sportsbook.
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How do Preston avoid being relegated from the Championship?
The international break comes at a handy time. Alexander has said he will use it as a recovery period for players carrying knocks, Andy Hughes among them, so he should have a fresher squad available for the trip to West Ham on 21 November. A visit to Cardiff follows soon after, and those two outings on the road will show whether the Southampton win was a turning point or a one-off. Our view is simple: the aggressive press and Nicholls' form in goal are what give Preston hope, and Alexander has to keep both going. One clean sheet does not wipe out a season of struggle, though, and with the price still at 1/3 with Betway, the market says there is a long way to go before Deepdale can relax.
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