Despite the Hammers facing Manchester City in the Capital One Cup semi-final and being backed by his co-chairmen, the West Ham boss is the favourite in the sack race
Several Premier League teams were knocked at the FA Cup at the first opportunity this weekend but none suffered defeat in a more eye-catching manner than West Ham.
The Hammers already faced a potential banana skin in the form of high-flying Nottingham Forest, who were unbeaten in seven games prior to their FA Cup clash.
|Next PL Manager to leave
|Odds from Paddy Power
What followed was a painful 90 minutes for Hammers fans in which they conceded five goals without reply, leaving Allardyce as the 4/11 (1.36) favourite with Paddy Power to be the next Premier League manager to leave his post.
There was a theory behind this selection, though. The first of a two-legged Capital One Cup semi-final against tournament favourites Manchester City looms large but, despite serene progress in that competition, a paltry return of five points from their last 10 Premier League games makes grim reading for the Hammers boss.
Paul Lambert is 7/1 (8.0) second favourite, having seen his Aston Villa side dumped out of the FA Cup by League One side Sheffield United on Saturday afternoon.
7/1 (8.0) is quoted for a manager whose side currently sit 11th in the Premier League, six points clear of the relegation zone, compared to the price of 10/1 (11.0) on offer from Paddy Power about Chris Hughton being the next Premier League manager to leave. Norwich City are four places and three points worse off than Lambert's side, having not claimed three points in the league in five games.
Alan Pardew has also been the subject of a sizable gamble over the last few days, with triple figure quotes quickly being cut to 8/1 (9.0). The Magpies surrendered a 1-0 lead in the FA Cup, eventually going down 2-1 to Cardiff City, and Pardew appears to be showing signs of stress, which some punters clearly believe make him a vulnerable candidate to be shown the door next.
Despite that, however, Newcastle's healthy league position and freedom from the pressure of European competition make it unlikely that Pardew will be the next manager to go.
With every side below Norwich apart from West Ham having already replaced their manager this season, it is no surprise to see Allardyce so short in the betting but David Moyes's price to be the next manager to go has been cut in recent days, with the Manchester United boss now 16/1 (17.0) in this market.
A good run of Premier League form over the festive period was halted by a 2-1 loss to Tottenham and then United were knocked out of the FA Cup by the same score courtesy of Michael Laudrup's Swansea City side.
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