After finishing in 23rd place and being relegated from the Championship last season, Huddersfield are 7/2 to earn promotion back to the second tier of English football in the 2024/25 season.
The Terriers are in a state of transition and, subsequently, are 12/1 to win the title in a difficult League One.
(Odds will display when markets are available)
Huddersfield's five-year run in the Championship came to something of a sorry end last month as they finished seven points short of safety in 23rd place.
The Terriers finished above only tailed-off Rotherham after winning just one of their last 12 league games and picking up only two points from their final five matches.
Huddersfield had finished 18th twice and 20th in the previous four seasons, so struggling was nothing new to them, but last season's effort was a long way from their third-place finish just two years earlier when they lost to Nottingham Forest in the play-off final.
It's 13 seasons since the Terriers last played in League One, having also experienced the high life as members of the Premier League for two seasons from 2017 to 2019.
They won only nine of their 46 league matches last season, six of them at home, and never got higher than 16th place after their seventh game of the campaign. Even so, they were just above the relegation zone until the final 10 matches, when their tepid end to the campaign sealed their fate.
As is often the case with struggling teams, the club were led by four different managers last season. Veteran boss Neil Warnock stepped aside in September as the Terriers' owners declared a three-year plan to return to the Premier League, but that plan has hit a bump in the road earlier than expected.
Warnock was replaced by Darren Moore, who won just three of his 23 games before being sacked. Interim manager Jon Worthington won two of his four matches in charge in February before handing over to incoming German coach Andre Breitenreiter.
He in turn departed by mutual consent at the end of the season after winning just two matches and Michael Duff is the man tasked with regaining their place in the Championship.
The former Cheltenham, Barnsley and Swansea boss will have a new-look squad to work with after 18 players were released and three loanees returned to their parent clubs.
The highest-profile exits were those of striker Jordan Rhodes, who scored 97 goals for the club, and Japan international Yuta Nakayama.
No major arrivals have been reported so far, and there could yet be more departures with midfielder Jack Rudoni a reported target for a few Championship clubs.
None of the three teams relegated to League One last season (Reading, Wigan and Blackpool) were even able to make the playoffs, suggesting how difficult the third tier can be to get out of.
Of the teams to go down with the Terriers, Birmingham are the 3/1 favourites to win League One while Rotherham have been far more active in the transfer market so far under Steve Evans.
The Terriers are the early joint-fourth favourites for League One at 12/1 along with Peterborough and only Birmingham, Bolton and Wrexham are ahead of them in the outright market. Huddersfield are 7/2 to earn one of the three promotion places.
With Breitenreiter having since said that he might not have taken on the job had he realised the extent of their problems, Duff could have a tough task on his hands, but fans will still expect to see their team at least in the hunt for a play-off place.