Champions League winner odds 2023-24: City remain favourites

Champions League winner odds 2023-24: City remain favourites

Manchester City remain the 2/1 favourites to retain the Champions League after getting back from two goals down to beat RB Leipzig in midweek.

Bayern Munich are the second favourites at 4/1 while Real Madrid are 13/2 for the coveted trophy.

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Latest Champions League winner odds

  • Manchester City @ 2/1
  • Bayern Munich @ 4/1
  • Real Madrid @ 13/2
  • Arsenal @ 7/1
  • Paris Saint-Germain @ 14/1
  • Barcelona @ 16/1
  • 20/1 bar

All odds, courtesy of bet365, are correct at the time of publishing and are subject to change.

Who will win the 2023-24 Champions League?

As implied by the latest bookmakers’ odds (favourites only).

These implied odds have been calculated using a betting calculator tool.

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Champions League betting: City continue strong start

Champions League holders Manchester City are 2/1 to win the trophy again after recovering from being two down to beat RB Leipzig 3-2 at the Etihad Stadium.

The Light Blues’ tremendous turnaround underscored why they are one of the best sides in Europe.

Bayern Munich, second favourites in the market at 4/1, drew 0-0 at home to Copenhagen in midweek but it matters very little for Thomas Tuchel whose side are already through to the round-of-16 as group winners.

Real Madrid are next in the betting at 13/2 after beating Napoli 4-2, while bitter rivals Barcelona are priced at 16/1 to win the competition.

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Arsenal are ahead of Barça in the betting at 7/1 after crushing Lens 6-0 in midweek, with Mikel Arteta’s side showcasing their fantastic attacking talent via six different goalscorers.

Champions League

Group A

Group B

Group C

Group D

Group E

Group F

Group G

Group H

Matchday six

(8pm GMT unless stated)

Tuesday December 12

Group A

Manchester United vs Bayern Munich

Copenhagen vs Galatasaray

Group B

PSV vs Arsenal 5.45pm

Lens vs Sevilla 5.45pm

Group C

Union Berlin vs Real Madrid

Napoli vs Braga

Group D

Inter vs Real Sociedad

RB Salzburg vs Benfica

Tuesday December 13

Group E

Celtic vs Feyenoord

Atletico Madrid vs Lazio

Group F

Borussia Dortmund vs Paris Saint-Germain

Newcastle United vs AC Milan

Group G

Red Star Belgrade vs Manchester City 5.45pm

RB Leipzig vs Young Boys 5.45pm

Group H

Royal Antwerp vs Barcelona

Porto vs Shakhtar Donetsk