Jurgen Klopp's men are sitting at the top of the table after a 4-0 demolition of West Ham, and the bookies have already cut odds of the Reds going all the way this year to just 7/2 (from 4/1), with Man City's odds being trimmed from 8/11 to 8/13.
Meanwhile, after his brace against the Hammer, Sadio Mane's odds of winning the Golden Boot have taken been slashed substantially (from 50/1) to just 20/1.
Alex Apati of Ladbrokes said: "Liverpool are by far the most popular pick with punters for this year's title and their position in the betting has only strengthened after a solid opening game."
Ladbrokes Latest Betting
Premier League Outright
Man City - 8/13
Liverpool - 7/2
Man United - 11/1
Chelsea - 14/1
Tottenham - 16/1
Arsenal - 28/1
Wolves - 100/1
200/ bar
Golden Boot
Harry Kane - 3/1
Mo Salah - 10/3
Pierre-Emerick Aubameyang - 6/1
Sergio Aguero - 7/1
Romelu Lukaku - 10/1
Gabriel Jesus - 14/1
Roberto Firmino - 20/1
Sadio Mane - 20/1
25/1 bar
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