http://www.oddschecker.com/football/english/championship/relegation £10 on the reds to go down returns you £29.50. Go with what you know, that has to be worth a flutter. If we stay up - happy days, if we go down, a £50 bet gives you nearly £150 to try and cheer yourself up with... In my opinion those odds won't get very much better this year.
Not for me, ta. Could never bring myself to bet against us and one hundred poxy quid profit wouldn't be any sort of consolation.
Head should always rule heart in these matters. However, it is so blindingly obvious that Hill and his performing circus are out of their depth that "The Board" cannot fail to act, and soon. That may result in a more suitable manager coming in, steadying the ship, and just maybe avoiding relegation. Your suggested bet assumes nothing will be done in response to the current fiasco, so I would urge caution.