Betting comparison website Oddschecker have claimed Arsenal are the most fancied team amongst punters this season.
However, Gunners' fans will be shocked that the market in which they are so favourable is not related to winning any silverware.
According to their research, 52% of all bets placed on the Premier League relegation market on September 1 were on Arsenal.
At odds of 1000/1, and with the players at their disposal, it would be one of the biggest shocks in the history of football if Arsenal were to be relegated to the Championship.
Behind Everton, they have played the second most number of seasons in the top flight, but the Gunners are the current longest-serving side with 92 consecutive campaigns at the height of English football.
The firm say that a flurry of bets were placed just after the close of the transfer window, with the Gunners failing to add significantly to their ranks, and the departures of Mesut Ozil and Alexis Sanchez on the horizon.
George Ulek, a spokesman for Oddschecker said: “It used to be unthinkable that Arsene Wenger’s Arsenal would even finish outside the top four, but the crisis club has some punters predicting that there is still further to fall.
“That over half the bets we have seen have been on a relegation for the Gunners shows just how much faith has been lost in the French manager."
Arsenal have made a woeful start to the season, suffering a 1-0 defeat at Stoke before a 4-0 thumping against Liverpool before the international break. The North London side opened the season with a narrow 4-3 win against Leicester City.
Fans of the club are reportedly organising a protest against Arsene Wenger before their match against Chelsea on September 17.
Hundreds of false £50 notes have been printed with Wenger's face on it, with the supporters disgruntled by their performances off the field as well as on it, failing to address specific areas in the transfer market.
The club had promised a significant change during the summer window, but despite their word only brought in Alexandre Lacazette for over £50million, and Sead Kolasinac on a free.
Sanchez and Ozil will almost certainly not sign the new contracts that they've been offered, with the former particularly annoyed at the direction in which the club is heading, having missed out on Champions League football last term.
Added to the sale of Alex Oxlade-Chamberlain to Liverpool on deadline day, there is a real sense of unhappiness surrounding the North Londoners which has resulted in these hugely speculative bets being placed.