Last week, Wolves and Sevilla - from where Alberto joined Liverpool in 2013 - were rated as 4/1 co-favourites to sign the 23-year-old.
However, Wanderers now lead the way for his signature according to Bet Victor, who have priced Wolves as 2/1 favourites to sign the former Barcelona B man, with Sevilla now 6/1.
Championship duo Norwich City and Fulham are both next on the list at 8/1.
Norwich could potentially stump up that figure too, having taken in £10 million from selling Nathan Redmond and only spent a quarter of that on bringing Sergi Canos in from Liverpool, but it remains to be seen how much Alex Neil has to spend.
Sky Sports reported last week that Norwich did offer £10 million for Ross McCormack - now at Aston Villa - so Neil might well have the figures.
In any case, Alberto seems likely to leave Liverpool, having made just nine appearances in three years for the club and spent the last two seasons out on loan with Malaga and Deportivo La Coruna in his homeland.
Wolverhampton Wanderers Stadium