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Champions League Winner Odds

With this year's Champions League as competitive than ever, use our historical trend data to track which teams are tipped to lift the coveted trophy.

As the Champions League kicks off for another year, the bookies have already picked out their favourites. Our odds tracker shows who is on course to claim Europe’s most illustrious prize and how the odds have fluctuated over time.


We also track the following betting markets – take a look to see current odds and trends over time:


Champions League Winner – Latest Odds Impacting Odds & Favourites: 

  • 25th November – City open up a 3.97% lead over Bayern following their statement 2-1 win over PSG. Liverpool overtake PSG as third-favourites as they beat Porto 2-0 at Anfield to retain their 100% start to the group stage.
  • 4th November – City and Bayern are neck and neck favourites following their respective wins over Club Brugge and Benfica. PSG’s odds continue to lengthen as they draw to RB Leipzig.
  • 21st October – Manchester City return as favourites to win the Champions League after their resounding 5-1 win away to Club Brugge. PSG slip down to third-favourites after their tight 3-2 win against RB Leipzig.
  • 30th September Manchester City and PSG swap places as tournament favourites as Messi’s first goal for his new club helps the Parisians to a 2-0 victory over Guardiola’s men. Munich’s odds continue to shorten following their 5-0 trouncing of Dynamo Kyiv.
  • 16th September – Pre-tournament favourites, PSG, drop into second place following a dreary 1-1 draw against Club Brugge. Manchester City take the top spot as they beat RB Leipzig in a thrilling 6-3 showdown, while Bayern Munich’s odds shorten after beating Barcelona 3-0 at the Camp Nou.
  • 25th August – Prior to the group stage draw, PSG have emerged as bookies’ favourites, closely followed by Manchester City. Both teams have featured in  Champions League finals within the last two years and are aiming to lift the trophy for the first time. 2019/20 champions Bayern Munich, holders Chelsea and 2018/19 champions Liverpool follow.

We monitor trends in odds on key markets of interest by tracking a range of UK and international bookmakers. The update frequency varies, but is clearly shown on all our tables and charts. After fetching odds direct from bookies, we convert them to implied probability to make them easier to manage (read more on implied probability and converting from fractional to % probability). We then take the mean average implied probability to get a consensus view across the betting industry. This average implied probability is what we show on our charts and tables.

Champions League Winner Odds

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