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Manchester City's English midfielder Jack Grealish (C) holds up the trophy at an event for fans with members of the Manchester City football team following an open-top bus parade through Manchester, north-west England on May 23, 2022, to celebrate winning the 2021-22 Premier League title. - Manchester City's latest Premier League title triumph established the champions as a burgeoning dynasty. City's fourth title in five seasons is arguably the greatest achievement of Guardiola's glittering career as he found a way to hold off Liverpool's relentless challenge by one point. (Photo by Oli SCARFF / AFP)

The opening odds for the 2022-23 English Premier League have been posted, and it should come as no surprise that Manchester City have once again opened as the favorites.

Winners of four of the past five titles, City have also opened as the favorites to varying degrees before each of the past five seasons.

They also announced on May 10 that they have agreed on a transfer for Erling Haaland, arguably the top young striker in world football. As usual, the rich keep getting richer.

Here are the odds courtesy of DraftKings SportsbookFanDuel Sportsbook, and Caesars Sportsbook.

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City won the 2021-22 title on May 22 in dramatic fashion, coming back from a 2-0 deficit in the second half against Aston Villa to hoist the trophy. They finished with 93 points, while Liverpool finished with 92.

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https://twitter.com/ManCity/status/1530870573332672512

The usual "Big Six" of City, Liverpool, Chelsea, Manchester United, Arsenal, and Tottenham dominate the top of the odds table. Only Leicester City have managed to win the title outside of these six teams since the 2010-11 season.

Outside of that group of teams, Newcastle have the shortest odds across our top-rated U.S. sportsbooks. Purchased by the Public Investment Fund of Saudi Arabia back in October of 2021, they're expected to flex their newfound buying power over the upcoming summer transfer window. They've even been linked with PSG star Neymar recently.

Of course, these odds will adjust with the moves of each team in the summer transfer window. We'll update you on all the major shifts as they happen.

Make sure to keep an eye on our Live Odds page throughout the week to get the best lines possible and connect with others in the SBR community on our popular sports betting forum