Dave Challinor has emerged as the odds on favourite to be named the new Sheffield Wednesday manager.talkSPORT BET have priced the former Stockport gaffer as the skinny 1/8 favourite to replace Henrik Pedersen, who departed after less than 15 months in charge following two League One defeats in five days. A full odds list can be found here.talkSPORT BET – Bet £10 and get £40 in free bets + boost token – CLAIM HERE*Pedersen was sacked by the Wednesday hierarchy, having lost a pair of away games 2-0 in recent weeks. First to Notts County and most recently Doncaster.His assistant Matt Hamshaw, who’s at 8/1 to take the job full time, has put been put in caretaker charge for Tuesday’s home game against Cambridge United, having only been added to Pedersen’s backroom staff in August.The former Rotherham boss will hope to steady the ship in the next week or so, while sporting director Simon Wilson leads the search for a full-time replacement.Dave Challinor is tipped up as the short-priced 1/8 favourite to head for the Hillsborough hot-seat. Especially as Wilson formed an effective League One partnership at Stockport County. Next Sheffield Wednesday manager odds (talkSPORT BET)Dave Challinor – 1/8Matt Hamshaw – 8/1Sean Dyche – 14/1Paul Heckingbottom – 16/1Darren Ferguson – 16/1Karl Robinson – 20/1Rob Edwards – 25/1Dean Brennan – 25/1Carlos Corberan – 33/1Andy Woodman – 33/1Liam Manning – 33/133/1 BARSee all odds here with talkSPORT BETChallinor has a reputation for eye-catching and successful football.Th 51-year-old has managed four clubs, Colwyn Bay, Fylde, Hartlepool United and Stockport, and won promotions with all of them. He left the Hatters by mutual consent after they lost to Bolton Wanderers in last season’s League One play-off final.Elsewhere on the Wilson’s hit-list could be former Sheffield Utd and Preston manager Paul Heckingbottom, at 14/1, who was sacked by the Deepdale club in September.Also at 14/1 is Sean Dyche. The former Burnley and Everton manager who was most recently in charge of boy-hood club Nottingham Forest. But whether or not he would consider a job in the third tier is up for debate.talkSPORT BET – Bet £10 and get £40 in free bets + boost token – CLAIM HERE*Commercial content notice: Taking one of the bookmaker offers featured in this article may result in a payment to TalkSPORT. 18+. T&Cs apply. Begambleaware.orgRemember to gamble responsiblyA responsible gambler is someone who:Establishes time and monetary limits before playingOnly gambles with money they can afford to loseNever chase their lossesDoesn’t gamble if they’re upset, angry or depressedGamcare – www.gamcare.org.ukGamble Aware – www.begambleaware.orgFor help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.*18+ New customers only. Opt in, deposit and bet £10+ on any Football market (1/1+ odds) within 7 days of sign up. Get 1 Boost token and 4 x £10 Free bets for set markets. Rewards expire in 30 days. T&Cs apply, see below. GambleAware.org | Please gamble responsibly