The bookies make the new boss 1-4 to steer his side into the top division with 10-11 the price that Rangers' promotion comes as winners of the Ladbrokes Championship.
Looking further ahead it's 16-1 the former Brentford boss gets his hands on the 2016-17 Ladbrokes Premiership title – and if he does that he can give up the day job selling bread!
Warburton is 20-1 to beat Celtic in any of the cup competitions during his first term and it's 4-6 he gets his hands on some silverware of any kind – and that includes the Petrofac Training Cup.
Rangers are only 5-1 to remain unbeaten at home in the Ladbrokes Championship and it's 25-1 they avoid losing in the division all season.
Alex Donohue of Ladbrokes said: “The betting suggests Warburton is expected to lead Rangers back to the top by any means at his first attempt. We're also sure plenty of fans will want to take a punt on him keeping a perfect record in the Ladbrokes Championship next season and if he pulls that feat off it's sure to cost us a few quid.”
Warburton in charge for the last match of the 2015-16 season 1-4
Rangers not to win a trophy 2015-16 season 11-10
To win Ladbrokes Championship/Scottish Cup 28-1
Ladbrokes Championship/League Cup 25-1
Ladbrokes Championship/Scottish Cup/League Cup 350-1
McBookie.com also make Rangers 1-4 for promotion but are shorter at 8-11 Warburton manages it by winning the title.
Paul Petrie, McBookie.com spokesman, said: “The 8-11 we are offering for Rangers to win the title is the shortest price on offer as we think this is a really good appointment. We can't see Rangers slipping in their attempt to get back in the Premiership.”
The firm are offering 8-1 Warburton will win either the Scottish Cup or League Cup in his first year in charge. And it is 5-4 he will achieve something no Rangers manager has done – win the Petrofac Training Cup.
Petrie added: “Winning the league will be the number one priority but if there is going to be real change at Ibrox then he should be delivering the Challenge Cup as well.”