The odds on Ipswich Town winning automatic promotion back to the Premier League have been dramatically slashed.

According to Oddschecker, the battle for the top two is a three-horse race.

Leaders Leicester City are still favourites with odds of 1/8 - an 88.9% chance - of an immediate return to the top flight.

But Town, who are second only on goal difference to the Foxes, have seen their odds dramatically shorten.

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A spokesman for Oddschecker said: "The Foxes had a flying start to the campaign, winning 13 of their previous 14, but have lost their last two to Leeds United and Middlesbrough.

"Those defeats have opened the door for Ipswich Town to go level on points with Leicester at the top of the Championship table.

"Kieran McKenna’s side, who were 5/1 (16.7%) in pre-season for promotion, are now joint-second favourites at odds of 8/13 (61.9%)."

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McKenna's men share second billing with resurgent Leeds United, who have won six of their last seven games.

Southampton are third favourites at 2/1 (33.3%).

The latest odds are: 

Ipswich Star: The latest Championship promotion odds, according to OddscheckerThe latest Championship promotion odds, according to Oddschecker (Image: Oddschecker)