|16/1||Liverpool are 16/1 with William Hill to beat Crystal Palace 4-1|
But Suarez, who started the season serving a ban for biting Chelsea defender Branislav Ivanovic, has gone on to score 30 Premier League goals with two games still to play and was quick to acknowledge his team-mates' role in the award.
"The Premier League is full of really great players and so it is a great honour when these players recognise your work on the pitch," he said.
"I always try my best for the team and it is nice to get awards but really this is for my team-mates and the staff at Liverpool because, without their help, I wouldn't have this prize."
Suarez beat Chelsea forward Eden Hazard and Manchester City midfielder Yaya Toure to the prize voted for by Premier League players.