Celtic might be the overwhelming favourites to win the Premiership next season, but most of the money coming in is going on Rangers.

Since Steven Gerrard’s appointment in the summer, over 63% of all bets placed have been on Rangers at around 7/1.

Celtic, by contrast, are as short as 1/10 to win eight-in-a-row and punters aren’t interested.

One pundit from Shettleston has placed £750 on Rangers winning their 55th title.

Oddschecker spokesperson George Elek, as quoted in the Scottish Sun, said: “A cool sense of optimism has swept over those at Rangers, with Gerrard’s appointment leading to a wave of money on them winning the league.

“Celtic head into the season as short price 1/10 favourites, and equally short as 4/1 to win the treble, but the Scottish public are not putting their hard earned cash on the champions – and plumping for Rangers surmounting 55 instead.”

Subscribe to Football Insider TV now

In other Rangers news, this player could well be the next to make the breakthrough at Ibrox 

Don’t miss out on breaking and exclusive Rangers news by clicking here for our brilliant 24/7 updates on Facebook,Instagram and YouTube.