Town are joint-fifth favourites to win promotion from the Championship in 2023/24.
Yesterday, Sheffield Wednesday claimed the final place in the second tier following a controversial 1-0 after-extra-time victory over Barnsley in the play-off final at Wembley.
Sky Bet, who sponsor the EFL, have Leicester, whose relegation from the Premier League was confirmed on Sunday, as the favourites at 13/8, followed by Leeds, also demoted at the weekend, at 7-4 and Middlesbrough and Southampton at 3-1.
Town, their great rivals Norwich City, Watford and West Brom are joint-five favourites at 4-1.
Sky Bet Championship Promotion Odds
Leicester 13/8
Leeds 7/4
Middlesbrough 3/1
Southampton 3/1
Ipswich 4/1
Norwich 4/1
Watford 4/1
West Brom 4/1
Stoke 11/2
Sunderland 11/2
Blackburn 15/2
Coventry 15/2
Millwall 15/2
Swansea 15/2
Sheffield Wednesday 15/2
Hull 9/1
Birmingham 11/1
Cardiff 11/1
Bristol City 12/1
Plymouth 12/1
Preston 12/1
QPR 12/1
Huddersfield 14/1
Rotherham 20/1