Brendan Rodgers bolstered his squad on transfer deadline day and the Reds are now a best price 14/1 with Ladbrokes to remain at the top of the Premier League table when the season finishes in May.
While a top-four finish was very much the aim before the season began, supporters will be feeling optimistic that the Merseyside club can mount a challenge, with Liverpool five points clear of the Red Devils at this early stage of the campaign.
Daniel Sturridge has been the match winner for each of his team’s first three matches, with Luis Suarez set to return to action soon, while defensive reinforcements have arrived in the form of Tiago Ilori and Mamadou Sakho.
Manchester United’s title odds have drifted out to 4/1 with bet365 following the defeat at Anfield, with David Moyes hunting down reinforcements on transfer deadline day, having persuaded Wayne Rooney to remain at Old Trafford this term.
In Robin van Persie, United have the most lethal marksman in the division, although it is Manchester City who are favourites with most firms after a recent 2-0 win over Hull City.
The Etihad Stadium will clearly be a fortress for Manuel Pellegrini’s side this term, although they did lose their opening away match at Cardiff, with Vincent Kompany hoping to be available for the upcoming Manchester derby.
Chelsea have collected seven points from their opening three matches, with Jose Mourinho’s side operating a defensive approach to collect a point at Old Trafford following home wins against Hull and Aston Villa.
They can be backed at 2/1 with Paddy Power to claim the league title this season, with Sky Bet offering the same odds about Manchester City.
Arsenal and Tottenham have also made promising starts to the campaign, with the Gunners recovering from an opening defeat against Villa to claim London derby wins against Fulham and Spurs, while the latter have six points on the board.
Arsene Wenger’s team are a 16/1 chance with bet365, although the Frenchman has been scrambling to bolster the squad ahead of deadline day, while Spurs are a 22/1 chance having spent over £100million after seeing Gareth Bale leave for Real Madrid.