Hot on the heels of the announcement that Phil Hellmuth is the last entrant into the PartyPoker Premier League III, a full betting market has been released for the prestigious tournament. Bookmaker www.partybets.com make Peter Eastgate the 6/1 favourite to win the Premier League, followed by JC Tran at 13/2. The full odds can be found at www.partybets.com/betfinder.action?sport=66719

A spokesman for PartyPoker.com said: “The odds say everything about the added strength of the players in PartyPoker.com Premier League III. The five young gun newcomers all head the betting. We didn't just fill in spots - we brought in players who are more than capable of giving those who thought they were the best a whipping.”

Below are the PartyBets.com odds for each player and a comment on each from Phil Hellmuth.