The 65-year-old has been appointed as Tony Pulis's permanent replacement in South London and the Eagles are now 5/4 to drop out of the Premier League this season
Neil Warnock finally ended the speculation by accepting Palace's offer and bet365 make his new side 5/4 (2.25) shots to be playing Championship football next season. Warnock had previously been in charge of the club between 2007 and 2010 but he is 4/9 (1.44) not to see out his new two-year deal.
Burnley are just 4/9 (1.44) to only last a solitary season in the top flight with QPR next in the betting after opening their campaign with back-to-back defeats. Harry Redknapp's side are available at 11/8 (2.38) to be relegated closely followed by Palace at 5/4 (2.25).
West Brom (5/2) were a popular pre-season bet for relegation and remain steady in the betting after draws in their opening two matches.
The third newly promoted side, Leicester City, are 11/4 (3.75) chances to be back in the Championship next term, followed by Aston Villa at 9/2 (5.50).
The bookmakers have seen plenty of change in the next Palace manager market over since Pulis' departure.
bet365’s Steve Freeth commented: "When a manager gets backed into 1/6 (1.17) on the final day in a reported two horse race, you’d normally think that they’ve got the gig, but that wasn’t the case with Steve Clarke.
"Since Tony Pulis’ departure, we’ve also seen Tim Sherwood trade at 1/10 (1.10), Malky Mackay backed at 1/4 (1.25) and Neil Lennon punted into 6/4 (2.50) at one stage and despite the inevitable late surge for Warnock around 4/1 (5.00), it was a bookmaker-friendly result."
The Eagles are 7/2 (4.50) to finish bottom of the division and 9/1 (10.0) to finish in the top half.
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