The Reds' FA Cup record is among the very best. The famous old trophy has made its way to Anfield at least once in each of the last five decades and as we start into another, there is no reason why it cannot happen again at odds of 7.10.
Watch our free betting preview now>>
The first hurdle to overcome on the way is a trip to face Reading at the Madjeski Stadium. Reading have had a rough season, parting company with their manager early in December and now five games without a win and just above the relegation zone.
The last two cup meetings between the two sides, both in the Carling Cup, have produced 4-2 and 4-3 victories for the Reds.
A Liverpool win is odds on at 1.5 but there might be better value at around 1.9 in betting on there being three or more goals in the game.