Newcastle United next manager betting update: League Two manager now second favourite!

With Alan Pardew confirmed as the new Crystal Palace manager, who do the bookmakers think will replace him in the Newcastle hot seat?

In a bizarre turn of events, Newcastle manager Alan Pardew has been appointed as the new manager of Premier League rivals Crystal Palace.

The Magpies faithful have been calling for Pardew to be sacked for months, yet just as Newcastle's results improved, the 53-year-old is leaving for a team fighting relegation.

That leaves owner Mike Ashley with the task of finding Newcastle's next manager, and the bookmakers have been pricing up odds over the last few days.

Odds shortening

One strange emergence in the market is Exeter's Paul Tisdale. The 41-year-old has been in charge of the Grecians for nine years now, and has always been considered as one of the top up-and-coming managers from the lower leagues but has never managed above League One. He's straight in as second favourite at 8/1, having never been mentioned previously.

Another small mover in the market is Ajax boss Frank de Boer, who is Newcastle's top target according to a report from the Daily Mirror tonight - but they would only appoint him in the summer. Now a 19/1 shot, the Dutchman surely won't leave mid-season.

Odds lengthening

The fairytale may be dying out for Temuri Ketsbaia. The former Newcastle midfielder declared his interest in the job earlier this week, and plenty of money was put on the Georgian yesterday. Today however, Ketsbaia is out to as long as 25/1, and looks like being out of the race.

Another manager seemingly not in the running is Bournemouth's Eddie Howe. The 37-year-old is working wonders with the Cherries this season, but ruled himself out of contention earlier today, and bookmakers have taken notice, with Howe drifting out to around 66/1 with some bookmakers despite being one of the favourites yesterday.

The favourite

Remi Garde remains the favourite for the job amid growing speculation that the former Arsenal defender will be the next boss. The Frenchman left Lyon last summer and has been out of work ever since, but with Newcastle's strong French contingent, he could be a sensible appointment.

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