Australian is appointed as England's first overseas coach but are bettors right to make the Red Rose Six Nations favourites?
Jones believes "the future is bright for England" and bettors agree, installing the Red Rose as favourites to win the Six Nations in 2016.
Eddie Jones has been announced as the new England rugby head coach after he signed a four year deal to succeed Stuart Lancaster.
The Australian, who coached Japan at this year's World Cup, has previously been in charge of Australia and was on the coaching staff when South Africa won the Webb Ellis Trophy in 2007. Regarded as one of the best coaches in world rugby, Jones' task is now to rebuild England following their dismal performance at the World Cup which saw them eliminated at the group stage.
Jones believes "the future is bright for England" and bettors agree, installing the Red Rose as favourites to win the Six Nations in 2016. You can get 3.02/1 on England while defending champions Ireland are 4.3100/30 with Wales 4.216/5. Both of those teams performed better than England at the World Cup but bettors are confident that Jones can get his team moving in the right direction quickly. You can get 5.04/1 on him steering them to a Grand Slam at the first attempt.
Nevertheless, the Australian faces a huge challenge. First, he needs to select the coaching staff who will assist him and the RFU have given him free rein to appoint whoever he wants. Ex-England captain Steve Borthwick is in the frame to coach the forwards while Shaun Edwards, who's currently part of Warren Gatland's Wales set-up, could be in line to work with the backs.
Once he has those positions filled, Jones will then begin the process of the finding the players who will, the RFU hopes, take England back to the summit of World Rugby. Jones knows all about England, having coached the Australian team that lost to them in the 2003 World Cup final and the South African team that defeated England in the 2007 final in France.
His appointment is an exciting one, with the RFU going all out to get their man. His first match in charge will be England's Six Nations opener against Scotland at Murrayfield on February 6.