Champions League Odds & Favorites 2026: UCL Leaderboard Features Four Co-Favorites
We've got four co-favorites atop the Champions League odds leaderboard at this embryonic stage of Europe's elite club competition, with Liverpool, PSG, Arsenal, and Barcelona looking to separate themselves in Matchweek 2.
Real Madrid, Man City, and Bayern Munich aren't far off as we dive into where each team stands.
🏆 Champions League odds 2026
Odds via FanDuel, one of the best sports betting apps.
| Team | Odds | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| PSG | +600 | 14.29% | $60 |
| Arsenal | +600 | 14.29% | $60 |
| Barcelona | +600 | 14.29% | $60 |
| Liverpool | +600 | 14.29% | $60 |
| Real Madrid | +850 | 10.53% | $85 |
| Man City | +950 | 9.52% | $95 |
| Bayern Munich | +1000 | 9.09% | $100 |
| Chelsea | +1600 | 5.88% | $160 |
| Inter Milan | +2200 | 4.35% | $220 |
| Tottenham | +2500 | 3.85% | $250 |
⚽ Champions League 2026 prediction & best bet
🔥 Manchester City (+950)
Manchester City were woeful last season by their exceedingly high standards. I expect that to change.
Things are starting to turn, though, for Pep Guardiola and his side. Erling Haaland and Phil Foden are in peak form, Rodri is recapturing match fitness, and the newbies' adaptation stage is coming to an end.
That is bad news for every other team in Europe, especially after the Cityzens acquired Gianluigi Donnarumma, one of the world's best goalkeepers.
For now, +950 at FanDuel offers excellent value. I can't envision the odds getting much longer.
📈 Champions League betting history
| Team | Year | Odds prior to Round of 16 |
|---|---|---|
| PSG | 2025 | +1200 |
| Real Madrid | 2024 | +550 |
| Manchester City | 2023 | +185 |
| Real Madrid | 2022 | +1600 |
| Chelsea | 2021 | +1800 |
| Bayern Munich | 2020 | +650 |
| Liverpool | 2019 | +900 |
| Real Madrid | 2018 | +850 |
| Real Madrid | 2017 | +490 |
| Real Madrid | 2016 | +550 |
❓ Champions League FAQs
Who is the favorite to win the Champions League in 2025?
Liverpool, Barcelona, PSG, and Arsenal are the Champions League odds co-favorites while getting +600 odds at FanDuel, implying a winning probability of 14.29%, via our odds calculator.
Who won the Champions League last year?
PSG won the Champions League title last year for the first time. They opened at +2000.
When will the 2026 Champions League be decided?
The 2026 Champions League Final will be played on Saturday, May 30, 2026.
Where will the 2026 Champions League final be played?
The Champions League Final will be played Puskas Arena in Budapest, Hungary.
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