THE odds on Burnley to win the Premier League have significantly dropped after a large number of bets were placed.

The Clarets achieved promotion with a 1-0 home win over Queens Park Rangers on Bank Holiday Monday.

MORE TOP STORIES:

And having seen Leicester win the Premier League on the same day at odds of 5,000/1, punters have been quick to back Sean Dyche’s Burnley to achieve the unlikely feat.

Sky Bet have cut their odds from 5,000/1 to 1,000/1 after receiving a number of bets backing Burnley for glory.

Sky Bet’s Dale Tempest said: “As the Football League sponsor, we were expecting interest from fans when we added Burnley into the title betting, but what followed has been quite remarkable and unprecedented.

“Just 128 backed Leicester at the start of this season and we have already got well over a thousand bets on Burnley, making for some pretty frightening reading in our outright book.”

Meanwhile, bet365 have slashed their odds for claret and blue ribbons to be on the Premier League trophy next May from 2,000/1 into 1,000/1 after receiving 800 bets.

The bookmaker has even taken more bets on Burnley (2,000/1 into 1,000/1) to winning the 2016/17 Premier League title than clear favourites Manchester City, where Spanish legend Pep Guardiola will be taking over as manager next season.

bet365’s Steve Freeth, for bet365, said: “With Leicester City’s incredible victory still fresh in people’s minds, we’ve already taken over 800 bets on Burnley carrying on where the Foxes left off.

“Punters clearly think that Sean Dyche, the ‘Ginger Mourinho’, is better than Pep Guardiola.”

Leicester City have rocked the footballing and betting world by winning the Premier League title this week, becoming the smallest club since Blackburn Rovers in 1994/95 to do so.