If you put a gun to my head & told me to predict the top 4 at the end of the season Id go -
1st - LFC
2nd - City
3rd - Chelsea
4th Arsenal
Where is Leicester in the top 4? I got the reason why you typed Arsenal as 4th though.
I don't think that you are wrong in the top 2. Liverpool is going to win the title this season. The bet should have to do with how many points ahead of City.