Rangers head into Sunday’s Old Firm clash with Celtic with the best chance to emerge with an away win since 2012, according to the latest odds.
Research by betting comparison site www.bookmakers.tv reveals that Rangers’ performances under Steven Gerrard have sent the odds of an away win tumbling to just 4/1, which is half the price quoted (8/1) on their last 4 visits to the East End since returning to the Premiership.
One explanation for the odds collapse is that for the first time since the sides have been reunited in the top flight the majority of stakes from punters are for a Rangers victory - as 59% bets favour a famous win for Gerrard’s men - compared to just 32% for the home side.
Gerrard’s men remain unbeaten in all competitions so far this campaign, but have drawn both their away matches in the Premiership so far. Celtic, meanwhile, have won both their home league fixtures but lost away to Hearts and also bowed out of the Champions League qualifying to AEK Athens.
The interest in Rangers has sent betting volumes for the match soaring, as an estimated £25 million is set to be wagered on the game with Gers supporters in line to pocket at least £10 million in winnings should their side prevail.
A www.bookmakers.tv spokesperson said: “Rangers have historically been written off by bookies on their recent visits to Celtic Park but the Gerrard effect now means the odds of a victory are far shorter than they have been for a number of years. Punters appear to be paying attention too with almost double the cash riding on Rangers rolling back the years with an Old Firm win.”
Rangers last win at Parkhead was in October 2010, when a Kenny Miller doubled helped the Ibrox club to a 3-1 victory.