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Arsenal and Tottenham leapfrog Leicester as Sky Bet's title favourites

Danny Welbeck celebrates scoring Arsenal's late winner
Image: Danny Welbeck celebrates scoring Arsenal's dramatic winner

Danny Welbeck's last-gasp winner has seen Arsenal installed as Premier League favourites, while their north London rivals Tottenham follow closely in the betting.

Leicester would still have headed the market if they had held on for a 1-1 draw at the Emirates, having traded at 11/8 for the title when they led courtesy of Jamie Vardy's penalty.

But their odds have now drifted from 15/8 to 11/4 following the 2-1 defeat, while Arsene Wenger's men have been cut from 2/1 to 13/8 to lift the Premier League trophy for the first time in over a decade.

Tottenham have also moved ahead of the Foxes in the outright market following their own 2-1 victory at Manchester City, with their price coming in from 9/2 to 5/2.

Tottenham Hotspur's Danish midfielder Christian Eriksen celebrates scoring his team's second goal
Image: Christian Eriksen struck an 84th-minute winner at the Etihad

In contrast, Manuel Pellegrini's men have had their odds doubled, from 7/2 to 7/1, as they now sit six points off the top and four behind the north London duo.

However, City have overcome bigger points deficits in both of their previous Premier League triumphs, in 2010/11 and 2013/14, and were boosted by the return of their captain Vincent Kompany on Sunday.

Sky Bet outright odds
Sky Bet outright odds

Who will win the title? Find Sky Bet's Premier League outright odds here.

Sky Bet's Sandro Di Michele said: "Leicester's odds-defying efforts has seen Spurs' somewhat under appreciated, but it's worth remembering that they were all but written off at 250/1 after their four-match winless start to the season.

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"It is the north London duo that now head the betting and Welbeck's goal has eased our nerves, with a £5m liability sat next to Leicester's name in our outright book, while they were also well backed to win at the Emirates."

 Sunderland players celebrate their 2-1 win over Manchester United
Image: David de Gea's own goal saw Sunderland secure a 2-1 victory on Saturday

Meanwhile, Manchester United's top-four odds have hit their longest price of the season at 10/3 as they failed to make up ground on their neighbours after losing 2-1 at struggling Sunderland on Saturday.

The Black Cats remain odds-on for relegation along with Norwich and Aston Villa. Remi Garde's men are now just 1/8 to finish bottom after their 6-0 thumping at the hands of Liverpool, who have been cut to 11/10 for a top-six finish.

West Brom were the big winners as the only other side from the bottom seven to record a win, with their 1-0 triumph at Everton seeing their price on playing Sky Bet Championship football almost tripling from 11/2 to 16/1.

Who do you think will win the title after the weekend's results? Leave a comment or get in touch @SkyFootball...