The Baggies welcome Wolves to The Hawthorns looking to secure the double over their old rivals – with Allardyce having already masterminded a win at Molineux earlier in the campaign.
In what has been a testing season for the club overall, it is likely Albion will be a Championship side next year with the team currently sitting 11 points from safety with just five games to play.
When Allardyce replaced Slaven Bilic as boss in December, he signed an 18-month deal that includes a break clause that either he or Albion can active at the end of the season if they are relegated.
The Dudley-born chief will definitely stay in charge if the Baggies pull off a great escape.
But if they do go down, he will meet with the board to discuss his future.
Allardyce has previously said he would like to stay but he would want a budget that will enable him to secure an instant return to the Premier League if he is to drop into the Championship.
If those talks do take place, though, he doesn’t think they’ll take long – with the boss believing it will quickly become clear what both sides want.
“The answer would be possibly yes,” Allardyce said when asked if he sees his future being resolved quickly. “That is based on the meet up we had (in December). As quickly as Slaven walked out the door the meeting we had to say I was coming in didn’t need an awful lot of negotiation. It was a few questions, yes, no. Most of them were agreed on and I was through the door in a shot.
“I don’t think there will be any hesitation from both of us in sitting down for a couple of hours and ripping through where we are and what we need to do, if we’re in the Premier League or the Championship, and then find out the way forward.”
For now, Allardyce is focused on beating Wolves.
“When it comes to a local derby, getting a victory for the fans is one of, if not the most important things to try and achieve,” he added.
“The chance to do the double over our local rivals will give a sense of satisfaction to our supporters.
“Our main aim was to not be in the position we find ourselves in now, but if we can win I’m sure our fans will at least be delighted about that.”