NEXT LIVERPOOL MANAGER ODDS SHOW TWO-HORSE RACE BETWEEN HODGSON AND PELLEGRINI

It looks like we're finally getting close to some sort of resolution and figure out who gets the nod for the Next Liverpool Manager job. It has been a pretty interesting weekend for all observers and the betting markets have heated up again and prices have shifted somewhat dramatically. 

It now appears as though Kenny Dalglish is effectively out of the running. He had been trading as low as 3.5 on Betfair a few weeks ago and is now available at a best price of 15.5 to get the job as Rafa Benitez's replacement. 
Manuel Pellegrini emerged on the scene last week with his price dropping dramatically from 90/1 to 4/1 with some major bookmakers. The former Real Madrid man has captured the attention of many Kop faithful and he looks to have a groundswell of support around him. The general concensus seems to be "I hadn't really thought of him for the job but, now that you mention it, he seems like he'd do a better job than most."
I think Pellegrini didn't get a fair shake at Real Madrid and he is a talented manager who can get the best of the type of players that Liverpool want playing at the club. You'll find Pellegrini priced at around 5.0 and that's a little higher than he was at during his lowest points last week. 
The dramatic news is that Roy Hodgson has effectively dropped to below even money and is now priced at odds-on to be named next Liverpool manager. You'll find him trading at around 1.88 or so and I had seen him as low as 1.7 over the weekend. This may have something to do with the race boiling down to just two contenders in lieu of three or four. 
As it stands right now Roy Hodgson looks like the favourite, but Liverpool fans don't seem too inspired by him. There's also a part of me that thinks Hodgson would have already been appointed by now if he was going to take over. 
The other thing to consider is that Pellegrini is unemployed while Hodgson has Muhhamad Al-Fayed actively trying to keep him at the club. Maybe Woy feels as though he has unfinished business at Fulham and that's why I'd be backing Pellegrini in this one.