2023-24 UEFA Champions League Odds Update: Favorites to Win the Title, and Contenders

Updated Odds to Win the 2022-23 UEFA Champions League Title

The UEFA Champions League is close to determining their Round of 16 knockout stage opponents.

A few teams have already notched spots in the second stage of the tournament.

ith that in mind, it’s a great time to check out updated UEFA Champions League Season odds and analysis for every team with a chance to take this season’s Champions League title.

UEFA Champions League Odds to Win Title | MyBookie UCL Betting Preview for the Season

2023–24 UEFA Champions League | 69th season of Europe’s premier club football tournament
2023-24 Season: Tuesday, September 19, 2023 – Saturday, June 1, 2024

Which teams have qualified for the UEFA Champions League knockout stage?

Of the Champions League eight groups, four have already found winners. Bayern Munich won Group A. Arsenal has taken Group B. Real Madrid is the Group C winner and Manchester City won Group G.

A couple of other teams finished runner-up in their group. PSV Eindhoven finished second behind Bayern Munich in Group A. RB Leipzig finished second behind Manchester City in Group G.

Six other teams have qualified for the knockout stage but have yet to be seeded. Real Sociedad and Inter Milan will play in the knockout stage from Group D.

Atletico Madrid and Lazio will move on from Group E. Barcelona is on the cusp of winning Group H.

Analysis for Every UEFA Champions League Possibility to Win the Title

UEFA Champions League Possibility to Win the Title | The Favorites

Manchester City +200
Bayern +400
Real Madrid +630
Arsenal FC +740

It’s tough to back the defending champions, that’s Manchester City, to pull off the repeat victory. The Sky Blues remain a favorites to get it done, but City isn’t playing nearly as well this season as they did last season. Injuries are factor. But the lack of Ilkay Gundogan’s presence might be the biggest reason City is a play against. Gudogan was fantastic at keeping everyone on the same page.

Bayern can win it all. Bayern is 3 points behind Leverkusen in the Bundesliga. The second choice also lost in group play even though their group was the weakest among all eight. But Harry Kane is dominating. Also, the longer the season goes, the better Bayern will get.

Both Real and Arsenal are solid plays. First, the odds are much better than either Bayern’s or Man City’s. Second, both have shown they have the talent to beat their Champions League rivals.

Real Madrid always makes their presence felt in the Champions League. This season, El Blanco appears to be better than they were last season even though Karim Benzema now plays in the Saudi League.

Arsenal is 2 points ahead of Liverpool and 3 points ahead of Manchester City on the Premier League Standings. Teams that play well in their league don’t always play well in the Champions League, but the Gunners have. We can’t question Arsenal’s quality.

UEFA Champions League Possibility to Win the Title | The Worth a Looks

Paris Saint-Germain +1450
FC Barcelona +1550
Atletico Madrid +1975
Inter Milano +2300
Dortmund +3300

Paris Saint-Germain is always a low-odds Champions League contender. This season, it’s tough to back PSG because they trail Dortmund and are ahead of Newcastle and AC Milan by just 2 points in Group D.

Speaking of Dortmund, the Bundesliga squad has already stamped their ticket to the knockout stage. So backing Dortmund at 33-to-1 odds is a good play.

At +1550, Barca isn’t a bad play. But Barcelona isn’t a great play, either. Barcelona’s recent finishes in the Champions League have left much to be desired. Who knows if the maintains their decent CL play?

Atletico is a better play than Barcelona but that’s only because AM offers a better payout. Atletico didn’t have to play much in Group E. Lazio is good, but Feyenoord and Celtic aren’t on Atletico’s level. The LaLiga squad may have looked good so far because of their competition.

Inter Milano made it all the way to the 2023 Champions League Final. Man City beat Inter 1-0 in the final. So, for sure, the top team in Serie A can win the Champions League.

UEFA Champions League Possibility to Win the Title | First Level Underdogs

Napoli +4000
Newcastle +5000
AC Milan +6400
Leipzig +6400
Manchester United +6800
FC Porto +7500
Real Sociedad +7500

Napoli struggled in last year’s Champions League. This season, the Napoleons are also struggling in Serie A play. So there’s no reason to back Napoli.

Newcastle United might be worth checking out. The odds are fair considering Newcastle has become one of the Premier’s top teams. If Newcastle can overtake Paris and hold off AC Milan, they could be difficult in the knockout stage.

AC Milan hasn’t played as well during this Champions League as they did last season when they made it all the way to the Champions League Semifinals. Milan will have difficulty getting by PSG or Newcastle in Group F.

RB Leipzig has already stamped their ticket to the Round of 16. But Leipzig feels a cut below teams like Real, Bayern, and Manchester City. But if you’re looking to back a dog that offers excellent odds and is a quality club, maybe Leipzig is your team.

United has a worse shot of winning the Champions League than Real Sociedad or Porto. So at the odds, the Red Devils are a play against.

Sociedad and Inter Milano are both at 11 points in Group D. For sure, Sociedad is worth a look to win the Champions League. The 75-to-1 odds are fair.

Porto has 9 points in Group H. Unless Porto blows it and doesn’t hold off Shakhtar Donetsk, the Portuguese Liga squad should march to the knockout stage.

UEFA Champions League Possibility to Win the Title | Second Level Super Dogs

Lazio +14000
PSV Eindhoven +18000
Galatasaray Istanbul +24000
FC Shakhtar Donetsk +50000
SC Braga +60000
FC Copenhagen +85000

Only PSV Eindhoven and Lazio have moonshot chances of winning the Champions League. Lazio’s chances are slightly better than PSV’s because Lazio plays in Serie A, which means the +14000 choice is battle-tested.

PSV Eindhoven is the best team in the Dutch Eredivisie. The Eredivisie isn’t close to being as good or as deep as Serie A. PSV, though, offers ridiculous odds. So if you think the unthinkable can happen, pull the trigger.

UEFA Champions League Odds to Win Title
MyBookie Betting Lines for the Season

2023/24 Champions League Group Stages

Updated Odds to Win the 2022-23 UEFA Champions League Title

A month has passed in the new English Premier League season, so it’s no coincidence that Manchester City and Liverpool are the two favorites to win the Champions League. Oddsmakers and future handicappers have had a chance to see both teams play. Third choice is Paris Saint-Germain while Bayern Munich will start Champions League play the fourth choice. See below for UEFA Champions League Odds and analysis.

2022-23 UEFA Champions League Season

September 6, 2022 – June 10, 2023

UEFA Champions League Updated Title Odds

• Manchester City +285
• Liverpool +540
• Paris Saint-Germain +580
• Bayern Munich +720
• Real Madrid +1100
• FC Barcelona +1325
• Chelsea FC +1350
• Tottenham Hotspur +2000
• Juventus Turin +2800
• Inter Milano +3400
• Atletico Madrid +3900
• AC Milan +4400
• Borussia Dortmund +5400
• RB Leipzig +6400
• Ajax Amsterdam +6600
• Sevilla FC +7500
• SSC Napoli +7500
• FC Porto +12000
• Bayer Leverkusen +14000
• Sporting Lisbon +16000
• Olympique Marseille +16000
• FC Salzburg +18000
• Eintracht Frankfurt +22000
• Celtic Glasgow +24000
• Club Brugge +28000
• FC Shakhtar Donetsk +60000

Which Premier League squad offers the fairest odds? Liverpool or Manchester City?

After four EPL matches, Liverpool has a win, a couple of draws, and a loss. The loss happened versus Man United. The win was a 9-goal outburst against Bournemouth.

The Citizens have won 3 with a draw. But although on the surface Man City looks like they’re playing well, they aren’t playing up to Pep’s standards.

The Sky Blues head coach said right now Man City is soft. The Citizens gave up 3 goals to Newcastle in the draw and allowed Crystal Palace to score 2. There’s no way City can play like that versus Dortmund and even Sevilla, both of whom they face in the first round, and expect to move to the CL knockout stage.

Liverpool faces Ajax, Napoli, and the Rangers. Napoli is the Serie A leader. So Pool doesn’t have an easy road to the Round of 16.

Based on the draw and their low odds, neither Man City nor the Reds offer fair odds to win the Champions League.

Which team among Paris Saint-Germain, Real Madrid, and Bayern Munich deserves the longest look to win the Champions League?

Neither PSG nor Bayern have an easy road to the knockout stage. Paris Saint-Germain must play strong Protueguese Liga squad Benfica and Juventus.

Juve manager Massimiliano Allegri required a single transfer window to turn Juventus back into a Serie A power. Allegri routinely took Juventus to Champions League semifinals and finals in his last stint as head coach.

Bayern landed in the group of death. Group C not only has Bayern, but Barcelona and Inter Milan also must escape the group. Bayern is the top team in G-C, but their odds make them an underlay to win the Champions League.

Real, the defending titlists, should have an easy road to the knockout stage. El Blanco takes on underwhelming RB Leipzig, Shakhtar Donetsk, and Celtic. Real also offers terrific odds to win the CL. El Blanco is the top overall play.

Which team at +1325 through +3900 odds has the best chance of winning the Champions League?

The Tottenham Hotspur should have no trouble making it to the knockout stage. Tottenham faces Frankfurt, Sporting Lisbon, and Marseille.

The Hotspur should also remain a top contender for the Premier League title all season. Their odds makes Tottenham the best underdog of the bunch.

Also give Juventus a shot. Allegri’s squad will lock down on defense and the offense has so far played well this Serie A season. If you’re looking to back one of the two best overlays, go with Juventus or Tottenham.