Rangers shocker emerges following Old Firm result

Rangers shocker emerges following Old Firm result
Soccer Football - Scottish Premiership - Celtic v Rangers - Celtic Park, Glasgow, Britain - March 31, 2019 Rangers manager Steven Gerrard and Celtic manager Neil Lennon before the match Action Images via Reuters/Jason Cairnduff

For the first time in a decade, not only have Rangers surpassed Celtic on the pitch, but the bookies agree, and have made Steven Gerrard’s men odds-on favourites to win the league.

After the result at the weekend, Celtic were still marginal favourites, albeit odds-against.

But following the dust settling and betting patterns, Rangers have now been propelled into odds-on at 5/4 with Celtic a distinct gap behind at 13/10.

We know odds are always a combination of knowledge/projection of chance, and a reflection of betting patterns, so they can be taken with a pinch of salt a lot of the time.

But usually those betting patterns are armed with the knowledge of why those bets are being made – ‘it matters more when there’s money on it’.

And it does – people are less likely to bet purely on a total flutter, especially when it’s a mass betting trend which follows a pattern.

Bookies paid out early in 2014 during Indyref after a massive flurry of late bets on ‘No’ winning – and who better to bet than those who did the voting?

And it was the same with Steven Gerrard himself. He came from nowhere to be odds-on favourite in the weeks leading up to his appointment.

Does this mean anything? Probably not – it’s still down to the teams themselves, and fans cannot influence that. But there’s a tangible sea-change in Scottish football taking place and supporters can clearly it.

And they’re putting their cash on it now.

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