Kenny Dalglish’s odds of a second spell as Liverpool manager have been cut to 13/8 (from 4/1) today following news that he will throw his hat into the race to succeed Rafa Benitez.

Unimpressed by the candidate shortlist, the 59-year-old Scot has withdrawn from the selection panel in order to enter the running himself and is now joint favourite in Sky Bet’s next Liverpool manager betting, together with Fulham boss, Roy Hodgson.

Hodgson, who was thought to be on the verge of being appointed earlier this week, has been lengthened to 13/8 (from 5/4) as the money continues to pour in for Merseyside legend Dalglish.

Sky Bet’s football betting spokesman Mike Triffitt said: "Appointing Dalglish would be the cheaper option, saving compensation payments to other clubs, such as the £2.5 million it will take to lure Roy Hodgson away from Fulham. If the betting is a true indication, it does appear to be a two-horse race.”

Meanwhile, former Liverpool coach Rafa Benitez is expected to be unveiled as manager of Inter Milan this week and Sky Bet are offering odds on how he will fare at the San Siro. The Spaniard is 50/1 to repeat Jose Mourinho’s historic achievement by guiding the Nerazzurri to the Serie A, Coppa Italia and Champions League treble in 2010/11.

Benitez is ready to raid his former club this summer and Sky Bet are offering odds on which of his Liverpool charges will join him in Italy. Javier Mascherano (5/2) and Dirk Kuyt (3/1) have both been linked with a move to the European champions, but Benitez must compete with the likes of Chelsea to secure the signature of Fernando Torres (20/1), while Steven Gerrard (4/1) is expected to join Real Madrid.

Next Permanent Liverpool Manager
Hodgson R 13/8
Dalglish K 13/8
O Neill M 10/1
Redknapp H 20/1
Eriksson S 16/1
Hiddink G 20/1
Klinsmann J 20/1
Hughes M 20/1
Pellegrini M 20/1
Lippi M 25/1
Oswaldo de Oliveira 25/1
Van Gaal L 25/1
Ramos J 33/1
Gullitt R 33/1
Nicol S 33/1
Schuster B 33/1
McLeish A 33/1
Moyes D 33/1
Mourinho J 33/1
Rijkaard F 33/1
Arena B 33/1
Blanc L 33/1
Van Mawijk B 33/1
McLaren S 33/1
Curbishley A 33/1
Bilic S 33/1
Magath F 33/1
Koeman R 33/1
Houllier, G 33/1
Hitzfeld O 33/1
Scolari P 33/1
Van Basten M 33/1
40/1 bar

Which players will join Benitez at Inter Milan by the end of 2010 Summer Transfer Window?
Mascherano, J. 5/2
Kuyt, D. 3/1
Gerrard, S. 4/1
Torres, F. 20/1

Multiple Trophies 10/11
Serie A & Coppa Italia 7/1
Serie A & Champions League 16/1
Coppa Italia & Champions League 33/1
Serie A, Coppa Italia & Champions League 50/1

Betting news and jobs from Hyperion.