Champions League Betting Odds 2026/27

The 2026/27 Champions League pauses for the international break with holders Paris Saint-Germain setting a ferocious pace at the halfway point of the league phase. Luis Enrique’s men were four goals up inside 17 minutes in Villarreal on Matchday 4 on the way to a 6-0 win that made it four from four, leaving them top on 12 points with a goal difference of +15. Real Madrid are the only other side still perfect after a 3-2 win at AEK Athens, while Arsenal climbed to third with a 2-1 victory at Slavia Praha. It was a mixed round for the rest of the English contingent, though: Aston Villa were beaten 3-0 in Barcelona, Liverpool lost 3-2 at Fenerbahçe, Manchester City won 3-2 in Leipzig and Manchester United came from two goals down to beat Roma 3-2 at Old Trafford. That comeback did not save Michael Carrick, who was sacked on Thursday with United 18th in the Premier League, so the Red Devils could have a new man in the dugout by the time Matchday 5 comes around on 24-25 November.

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

Matchday 5 takes place on 24-25 November once the international break is out of the way. Arsenal host Borussia Dortmund and Manchester City welcome Napoli on the Tuesday, when Aston Villa also travel to Galatasaray, while Liverpool visit Club Brugge and Manchester United head to Sporting CP the following night. You can find every fixture 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

Four matchdays into the league phase, only PSG and Real Madrid still hold a 100% record, and a remarkable nine sides are bunched on nine points just behind third-placed Arsenal. Here is how the leading contenders and the English clubs are shaping up.

PSG

The defending champions have taken 12 points from 12 and scored 20 goals, comfortably the most in the competition. The 6-0 demolition of Villarreal, in which Fabián Ruiz helped himself to two, followed wins at the Etihad and against Barcelona, and it is no surprise to see Luis Enrique’s side heading the market at 7/2.

Bayern Munich

Bayern Munich found some defensive steel in Madrid on Tuesday, where second-half goals from Lennart Karl and Konrad Laimer earned a 2-0 win over Atlético. Harry Kane and company are still unbeaten, but those draws with Viking and Arsenal leave them only 13th on eight points, just outside the top eight. They are 13/2 to lift the trophy.

Arsenal

Beaten finalists in Budapest, Arsenal are now the best-placed English side. Noni Madueke and Viktor Gyökeres had them two up at the break in Prague and, although Slavia pulled one back late on, the 2-1 win took the Premier League champions up to third on ten points with only three goals conceded in four games. They are 6/1 for the trophy, with Borussia Dortmund’s visit to the Emirates on 24 November looking the next real test.

Barcelona

Barcelona responded to defeat in Paris in style, Lamine Yamal opening the scoring inside seven minutes and Raphinha adding two after the break in a 3-0 win over Aston Villa at the Camp Nou. That lifted them to fifth on nine points. The bookmakers make them second favourites at 4/1, just behind PSG.

Aston Villa

Last season’s Europa League winners came down to earth with a bump at the Camp Nou, where the 3-0 defeat ended their perfect start. Three wins from four still leaves Villa sixth on nine points, though, and a trip to Galatasaray on 24 November gives them the chance to respond. They have drifted out to 50/1 for the trophy.

Liverpool

Liverpool’s habit of living dangerously finally caught up with them in Istanbul. Alexander Isak’s strike put them 2-1 up midway through the second half, but Fenerbahçe hit back twice in six minutes to win 3-2, and the Reds have now conceded ten goals in four games. They slipped to eighth on nine points and have eased to 22/1 for the trophy, though Sunday’s 3-1 win at Crystal Palace steadied the ship domestically.

Manchester City

Manchester City needed Erling Haaland’s 78th-minute winner to edge a see-saw contest 3-2 in Leipzig, a result that lifted them to seventh on nine points. Haaland now has five goals in the competition and City are 12/1 to go all the way.

Manchester United

Manchester United’s campaign may have turned on Tuesday night. Two goals down inside 17 minutes to Roma at Old Trafford, they hit back through a Bruno Fernandes penalty and a late Matheus Cunha double to win 3-2, climbing to 17th on six points. That proved a false dawn for Michael Carrick, who was sacked on Thursday after one win in ten Premier League matches. Mauricio Pochettino is reported to be the frontrunner to replace him, but nothing had been confirmed at the time of writing. Whoever takes charge faces a trip to Sporting CP on 25 November with United out at 66/1 for the trophy.

Previous Champions League Winners

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. This season, Como’s Anastasios Douvikas leads the way with six league-phase goals after his hat-trick in the 9-1 rout at Lens, with Erling Haaland and Nicolò Tresoldi a goal behind on five apiece. Kylian Mbappé is among the chasing pack on four, though the bookmakers still make Haaland the 4/1 favourite for the Golden Boot ahead of Mbappé at 5/1, with Raphinha and Harry Kane both 6/1.

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

With half of the eight league-phase matchdays played, PSG remain the side to beat. Four straight wins and a +15 goal difference show the holders have lost none of their edge, so 7/2 still looks fair. Arsenal at 6/1 are the most solid of the English challengers, having conceded only three goals so far, while Manchester City at 12/1 are building momentum. Aston Villa are 50/1 after the Camp Nou setback, an even bigger price to keep onside. Manchester United, on the other hand, are one to leave alone at 66/1 until the managerial picture at Old Trafford is settled.

Champions League Betting Odds FAQs

When does the Champions League begin?

The league phase began on 8-10 September 2026. Four matchdays have now been played. Matchday 5 follows the November international break on 24-25 November.

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

Defending champions Paris Saint-Germain are favourites at 7/2, with Barcelona next best at 4/1 ahead of Arsenal at 6/1, Bayern Munich at 13/2 and Real Madrid at 15/2.

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.