We at the Gambling Weblog have been keeping our eye on the ever-changing odds in football's Premier League. Now that we are in the second half of the season we can expect more regular fluctuations, and we'll keep you posted here.

The three markets to watch are the bet on the outright winners, the fight for fourth place and the relegation battle. The most recent change in the bookies predictions has seen Arsenal given longer odds to win the title race after they were held to a draw within hours of Chelsea ending Birmingham's unbeaten run with a 3-0 win and Manchester United's win over Manchester City in the Carling Cup. For anyone who believes the very-likely outcome of Arsenal winning the Premier League come May, this might be a good opportunity to find some decent odds.

Teams in contention for a coveted fourth place finish are Liverpool, Aston Villa, favourites Man City and Tottenham Hotspur. Thanks to Tottenham's win and Liverpool's draw on Tuesday night, Spurs are now 3/1 while Liverpool's odds have lengthened to 9/4, making them only marginally more likely according to the bookies.