Champions League odds have changed once again, as the competition heads into the semifinals. The quarters saw the last two winners, Liverpool and Bayern Munich, eliminated, while the chase continues for two relatively new European superpowers.
Here are the full odds to win the Champions League, ahead of a round which will see PSG and Manchester City play on one side, with Chelsea and Real Madrid facing off on the other.
Odds to win Champions League
| Team | Outright odds |
|---|---|
| Manchester City | +125 |
| Paris Saint-Germain | +333 |
| Real Madrid | +400 |
| Chelsea | +450 |
Odds courtesy of bet365 as of April 15.
Champions League betting favorite
It's no surprise to see Manchester City as the Champions League favorites at +125, as they have been in incredible form in all competitions for over four months now. Despite a close first leg, City cruised into the semis after defeating Borussia Dortmund over two legs.
City's next opponents, Paris Saint-Germain, are second on the board at +333. The runners up a year ago, PSG put on an excellent showing against Bayern and will surely be the favorite to win the tournament should they get past Manchester City.
On the weaker side of the bracket, Real Madrid (+400) just edge their opponents, Chelsea (+450). Madrid dominated Liverpool over two legs and have found strong form in Spain, while the team's recent history in the Champions League cannot be overlooked.
Past Champions League trends
To get ahead of the pack there are a few trends that may help you when choosing your Champions League winner:
- Spanish clubs have won the most combined Champions Leagues of any country, with Real Madrid winning 13 and Barcelona winning five.
- Italian club Juventus has been to nine finals — only to lose seven times.
- Five different English teams have won the tournament, the most from one country.
- Cristiano Ronaldo (Juventus) holds the record for the second-most Champions League titles for a single player.
Past Champions League winners
| Team | Year |
|---|---|
| Bayern Munich | 2020 |
| Liverpool | 2019 |
| Real Madrid | 2018 |
| Real Madrid | 2017 |
| Real Madrid | 2016 |
| Barcelona | 2015 |
| Real Madrid | 2014 |
| Bayern Munich | 2013 |
| Chelsea | 2012 |
| Barcelona | 2011 |
| Internazionale Milan | 2010 |
| Barcelona | 2009 |
| Manchester United | 2008 |
| Milan | 2007 |
| Barcelona | 2006 |
| Liverpool | 2005 |
| Porto | 2004 |
| Milan | 2003 |
| Real Madrid | 2002 |
| Bayern Munich | 2001 |
Understanding Champions League odds
These odds are constantly adjusted throughout the summer as players get hurt, suspended or transfer. Once the season begins, title odds will change as teams win and lose games and as more players get hurt or are suspended. Sportsbooks will also adjust the Champions League odds based on handle and liability to certain teams.
Champions League odds will usually look like this:
- Bayern Munich +250
This means that on a $100 bet, you'll stand to win $250 if Bayern wins the Champions League. If it's close to the end of the tournament you might see that a team is has a minus sign (-) ahead of its odds.
- Barcelona -120
This means that you would need to bet $120 to win $100 on a Barcelona championship.
Above we have posted the American odds for the Champions League. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
Where can I bet Champions League odds?
Many online books and casinos offer bets on soccer odds and props. Check out the best sportsbooks available where you live and see what Champions League odds are available.
