Over the course of the past few weeks, the likes of Gus Poyet, Joey Barton and Paul Cook have all been at the top of the favourites list, only to tumble down a few days later, and a host of new names including John Carver, Sammy Lee and Slavisa Jokanovic.
Here's our latest rundown of OddsChecker's odds on the next Sheffield Wednesday manager, ranked from lowest to highest chance of being named as the Owls' next permanent boss:
21. Paco Jemez - Current odds: 14/1
Current job: Unemployed. Last job: Rayo Vallecano. Career win percentage: 32.2% Photo: Gonzalo Arroyo Moreno
22. Neil Thompson - Current odds: 8/1
Current job: Sheffield Wednesday caretaker. Career win percentage: 28% Photo: George Wood
23. Darren Moore - Current odds: 5/1
Current job: Doncaster Rovers. Career win percentage: 45.6% Photo: George Wood
24. Paul Cook - Current odds: 4/1
Current job: Unemployed. Last job: Wigan Athletic. Career win percentage: 43.1% Photo: George Wood