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Champions League Betting Odds 2026/27

The 2026/27 Champions League is now underway, with holders Paris Saint-Germain opening the defence of their back-to-back titles in style — a 6-1 rout of Slovan Bratislava in Matchday 1 of the new league phase. Arsenal, beaten by PSG on penalties in last season’s final in Budapest, responded with a hard-fought 1-0 win away at Napoli, while Bayern Munich (5-0 over Bodø/Glimt) and Barcelona (5-1 over Feyenoord) were similarly dominant on an opening night in which every leading contender picked up maximum points.

With Europe’s premier club competition back underway, this page brings you the latest Champions League odds for the 2026/27 season, updated as the competition develops. Below you’ll find our outright winner odds table, the full 2026/27 fixture list, in-depth analysis of the leading favourites and dark horses, a full history of past winners, odds across other Champions League betting markets, and answers to the most-asked questions about this season’s Champions League odds.

Champions League Odds – To Lift The Trophy

Here are the latest odds for the outright winner of the 2026/27 Champions League.

Champions League 2026/27 Fixture List

The fixtures have now been announced for the 2026/27 Champions League. You can find the matches your team will face below:

Best Football Free Bet Offers

With 18 fixtures per gameweek in the Champions League, there are so many opportunities to use free bets. Here are some of the best of those for players wishing to place accas or singles across any Champions League match.

Champions League Standings & Form Guide

One matchday into the league phase, and the form guide is about as simple as it gets: every side below won.

PSG

The defending champions made the perfect start, thrashing Slovan Bratislava 6-1 at the Parc des Princes — an emphatic opening statement from Luis Enrique’s side as they begin the defence of back-to-back titles.

Bayern Munich

Harry Kane and company were similarly ruthless, beating Bodø/Glimt 5-0 at the Allianz Arena, the biggest away margin of the opening round.

Arsenal

A tougher test away at Napoli was overcome with a battling 1-0 win — Arsenal’s first response since Budapest, and exactly the kind of away performance they’ll need more of if they’re to go one better this time.

Barcelona

Barcelona were the most eye-catching of the four, thrashing Feyenoord 5-1 at home as their World Cup-winning contingent from Spain’s summer triumph picked up straight where they left off.

Previous Champions League Winners

SeasonChampionsRunners-Up
2025/26PSGArsenal
2024/25PSGInter Milan
2023/24Real MadridBorussia Dortmund
2022/23Manchester CityInter Milan
2021/22Real MadridLiverpool
2020/21ChelseaManchester City
2019/20Bayern MunichPSG
2018/19LiverpoolTottenham Hotspur
2017/18Real MadridLiverpool
2016/17Real MadridJuventus
2015/16Real MadridAtletico Madrid
2014/15BarcelonaJuventus
2013/14Real MadridAtletico Madrid
2012/13Bayern MunichBorussia Dortmund
2011/12ChelseaBarcelona
2010/11BarcelonaManchester United
2009/10Inter MilanBayern Munich
2008/09BarcelonaManchester United
2007/08Manchester UnitedChelsea
2006/07AC MilanLiverpool

Other Champions League Betting Markets

As well as betting on individual matches, and on the outright winner of the Champions League, you can bet on the following markets too. With the format splitting the competition in two, you can bet on the group stage before the knockout rounds, as well as individual awards such as the top goalscorer.

Champions League Group Stage Odds

The Swiss format is into its third season of use in the Champions League. All 36 sides will play eight matches to attempt to finish in the top eight of the initial pool stage, guaranteeing them qualification for the last 16. If not, the teams finishing 9th-24th will face a playoff round. You can bet on teams to finish in the top eight, in which English teams dominated last year.

Champions League Top Goalscorer Odds

Kylian Mbappe strolled away with the Champions League Golden Boot in 2026. The Real Madrid attacker notched 15 times despite his side falling at the quarter final stage.

Champions League Odds To Reach The Final

As well as backing the winner of the tournament, you can bet on a team to reach the final. This is a good market for those who may be available at longer prices to win the tournament, with the assurance of a payout just for making the showpiece in Madrid.

Our Champions League Predictions & Tips

We will release our Champions League tips and predictions once the 36 teams have been finalised for the pool stage.

Champions League Betting Odds FAQs

When does the Champions League begin?

The first round of matches during the Group Stage of the Champions League take place between 8-10 September 2026.

Which team is favourite to win the 2026/27 Champions League?

Defending champions Paris Saint-Germain are favourites to win a third straight Champions League title.

Who are the defending champions in the Champions League?

PSG defeated Arsenal on penalties in the 2026 Champions League final in Budapest.

Where and when does the 2027 Champions League final take place?

The Champions League final will take place this season on Saturday 5 June 2027 at the Estadio Metropolitano in Madrid.