In the space of just four weeks, English Premier League side Arsenal have crashed out of two domestic cups – the FA Cup and the EFL Cup, but they are still in the title race to win the Premier League and in the race to win the UEFA Champions League, so all is not lost just yet for anyone who has already wrote them off.

In other words, they can no longer win the treble or the elusive quadruple, but they can still win the double or at least one piece of silverware this season. It's unfair to say that their season is becoming a failure, but it could easily end up this way if the results don't go their way.

Let's now take a closer look at Arsenal's chances of winning either trophy this year based on the latest and most highly competitive odds currently being offered by the globally renowned 10bet Sports Betting operator – South Africa's number one iGaming brand.

Can Arsenal still win the 24/25 EPL title?

Yes. According to the latest odds and their current form in the league, Arsenal can still win the league. However, they are 6 points behind league leaders Liverpool, who also have 1 game in hand, and there are just 14 games left to play until the end of the season.

In other words, Arsenal will have to win the majority of their upcoming fixtures and hope that Liverpool lose enough to ensure that The Gunners leapfrog them into the top spot.

If you look at the latest average odds, it tells you that Liverpool are the odds-on favourite to win the league outright, followed by Arsenal (second odds-on favourites) and Nottingham Forest, Chelsea, and Manchester City, who are all currently priced the same and are the joint-third odds-on favourites to win.

Here's what the actual odds currently look like in both the decimal odds and fractional odds format. We have also included the implied probability rate (%) to give you a better idea as to who might come out on top this year:

• Market: 24/25 EPL outright winner. Club: Liverpool. Fractional odds: 1/4. Decimal odds: 1.25. IPR: 80.00%
• Market: 24/25 EPL outright winner. Club: Arsenal. Fractional odds: 7/2. Decimal odds: 4.50. IPR: 22.20%
• Market: 24/25 EPL outright winner. Club: Chelsea, Nottingham Forrest, and Manchester City. Fractional odds: 100/1. Decimal odds: 101.00. IPR: 1.00%

A more realistic bet would be for Arsenal to finish in the top 2. If you were to bet on this particular market right now, you would be looking at average odds of around 1/9 (1.11) with a whopping 90.00% chance of this occurring (IPR).

What about the UEFA Champions League?

It's also not looking too bad for Arsenal in the Champions League. For The Gunners to come out on top in this competition, you are currently looking at average odds of around 6/1 (7.00) with a 14.30% IPR.

They are the second odds-on favourites to beat Liverpool, who are currently priced at around 4/1 (5.00) with a 20.00% IPR. Barcelona are also currently priced the same as Arsenal at 6/1 (7.00).

Upcoming fixtures

Arsenal's next league fixture is on Saturday, February 15, when they travel away to play Leicester. Their following game is against Wet Ham, this time at home, on Saturday, February 22.

They also then go on to play Nottingham Forrest away on February 26, and Manchester United away on March 9. Some of their other upcoming fixtures are against Chelsea (home), Fulham (home), Everton (away), and Brentford (home).

Arsenal will likely finish in second place. However, anything can happen in football to upset the odds, and as mentioned, you can't write them off just yet.

Final thoughts

Anyone who decides to place a real money bet online on Arsenal should remember to do plenty of research into a fixture to help them place far more strategic bets. If you live in South Africa, make sure you stick to betting on legally permitted, top-tier iGaming sites like 10bet, which are fully licensed and regulated to offer online sports betting and casino game services to the South African market.

This world-class brand is known for having some of the EPL's most highly competitive odds and thousands of computer-generated and live dealer online casino games with high or above average RTP% payout rates from multiple award-winning software providers.

It's free to join, and anyone who signs up from South Africa today can look forward to a guaranteed sign-up bonus on their first deposit.

When you sign up here, you will have access to thousands of monthly deposit betting markets (pre-match, live/in-play and futures) and plenty of lucrative football betting promotional offers throughout the year.