The Whites have changed managers twice this season and appointed experienced tactician Sam Allardyce as their boss to help them stay up.
However, Leeds have managed to pick up only one point from his three matches in charge and their Premier League fate is hanging by a thread going into the final game of the season.
Giles pointed out that Leeds were extremely poor in their 3-1 defeat against West Ham United last weekend and believes the Hammers could have won by a bigger goal margin.
The former Whites star is of the view that Leeds have not improved at all under Allardyce and he stated that he would not bet on the Premier League safety of the Yorkshire outfit.
When asked whether he has seen any improvement in Leeds performances since Allardyce’s arrival, Giles said on Off The Ball: “Not really, not really.
“Everton and [Sean] Dyche are in a very strong position there, but I have not seen anything from Leeds at all.
“West Ham beat them well last week; he’s got one point from the last nine since he has gone to it and last week was poor against West Ham.
“West Ham beat them well and could have beat them by more.
“So there is not much to look forward to in Leeds in the hope that they will do it.
“In football, you never know what is going to happen, but if you put money on now, you would not put it on Leeds to do what needs to be done.”
Leeds will take on Tottenham Hotspur in their last fixture of the season and a win will not guarantee their safety; they have to look for the results from other relegation rivals to go in their favour.