UEFA Champions League Odds
Welcome to your home of Champions League betting – the best club competition in the world.
This page will explain exactly why the Champions League is so revered, previewing the 23/24 edition in the process. We’ll also point you towards the sportsbooks offering the best Champions League odds across a range of betting markets. If you like what you see, you can use our links to click through, sign up, and claim a welcome bonus.
Champions League Betting Markets
US sportsbooks will run multiple Champions League betting markets for you to explore. Below are some of the biggest.
Moneyline
Moneyline bets require punters to back either the home side to win, the away side to win, or a draw. In the American odds format, betting sites will use $100 as the base stake and will indicate which team is the underdog and which is the favorite by prefixing the odds with either a + or a -. The team with the + is the underdog and the team with the - is the favorite – here’s an example from this season’s competition:
- Manchester City (-100) is playing Red Star Belgrade (+600)
- A $100 bet on City to win would return $100 in profit, plus the $100 stake
- A $100 on Red Star to win would return $600 in profit, plus the $100 stake
Parlays
Parlay bets combine multiple individual selections under one betslip, multiplying the odds of each individual selection together. This can create some sizable Champions League odds, but these bets are harder to win, since every selection within the parlay must be correct. These days, you can also place same-game parlays at US betting sites.
Futures
Placing a futures bet on the Champions League is about making a prediction far in advance. Picking the competition’s winner is the typical bet to place in this format, but selecting the Champions League golden boot winner is also a popular betting option.
Correct Score
Going one further than moneyline bets is picking the correct score at full-time. Be careful when wagering in this market during the knockout rounds – most betting sites take the 90 minute result as final, ignoring the outcome of extra-time and penalties unless otherwise stated.
Goalscorer Markets
If you fancy making in-play bets, you can pick the next goalscorer on any Champions League matchup. Other goalscorer markets involve selecting the game’s first goalscorer, or a player to score at any time during the match.
Half-Time Result
If you’d rather take a punt at predicting the score at half-time rather than full-time, this market is available at most US sportsbooks.
Totals
In this market, you can make a prediction on the total number of prominent in-game statistics, such as goals, shots, corners and cards. The betting site will offer a total number for the game, and it’s your job to bet on whether the actual number will be over or under the specified figure.
The UEFA Champions League Explained
Formerly the European Cup, the UEFA Champions League is Europe’s premier soccer competition. It takes place every year between the best clubs in Europe, who qualify either through their national league rankings or through qualifying rounds at the beginning of the season.
32 teams qualify for the initial group stages, which is comprised of eight groups of four and takes place between September and December. Teams will play the other members of their group twice, both home and away, with the top two sides progressing to the knockout rounds. The teams that finish third in their group drop down to the Europa League – Europe’s second-tier club competition.
The knockout rounds begin in late February, with ties played over two legs, one home and one away. The only exception is the Champions League final – a one-off encounter played at a neutral venue at the end of the domestic season.
23/24 Champions League Teams
The best teams in the world compete in the Champions League every year. Let’s take a look at eight teams who’ll be expecting to reach the latter stages.
- Man City — Champions League odds on City to win the tournament will be relatively low. They’re the current champions, winning their first European crown after beating Inter Milan 1-0 in last year’s final. Considered the best team in the world, Pep Guardiola has a complete side all over the pitch, with top players including Kevin de Bruyne, Erling Haaland, Rodri, Bernardo Silva, Jack Grealish, Phil Foden, Kyle Walker and Ruben Dias.
- Bayern Munich — Perennial German champions Bayern Munich should have more Champions League titles than they do, but have often struggled to find their form on the biggest stage. Thomas Tuchel signed England captain Harry Kane from Tottenham in the summer to bolster the Bayern attack – he now joins the likes of Jamal Musiala, Leroy Sane, Kinglsey Coman and Serge Gnabry in a fearsome front line.
- PSG — There’s huge pressure on PSG to finally win the Champions League. The French champions consistently buckle in Europe’s top competition, despite possessing some of the world’s best players. The Parisians were resoundingly beaten at Newcastle on matchday two, suggesting their disappointing record in the competition may yet continue. Kylian Mbappe spearheads the side, playing alongside fellow countrymen Randal Kolo Muani and Ousmane Dembele up front.
- Real Madrid — The competition’s most illustrious club, Real Madrid have won the competition a record 14 times, including eight titles in the Champions League era. England midfielder Jude Bellingham has set the Bernabeu alight following his move from Borussia Dortmund; Vinicius Junior, Fede Valverde, and veteran midfielders Luka Modric and Toni Kroos are some of the other big names at Real.
- Barcelona — Real’s La Liga rivals Barcelona continue to have off-field problems, but club legend Xavi has at least assembled a world-class squad at the Camp Nou. Robert Lewandowski, Joao Felix and Raphinha are a constant goal threat, and any midfield combination of Ilkay Gundogan, Frenkie de Jong, Pedri and Gavi will provide outstanding service.
- Inter Milan — Runners-up last year, Inter Milan are a top Champions League side again following a number of years away from the competition. Like all Italian sides, they’re known for their solid defense, but Inter also possess dangerous attacking players with the likes of Lautaro Martinez, Marcus Thuram and Nicolo Barella in their squad.
- Napoli — Napoli stormed to the Serie A title in 22/23, winning their first scudetto since the days of Diego Maradona. They’ll be hoping Victor Osimhen, Khvicha Kvaratskhelia and Piotr Zielinski can continue their impressive form from last season.
- Arsenal — Back in the Champions League after a seven-year hiatus, Arsenal have been handed a kind group stage draw from which they’ll expect to progress. Mikel Arteta’s side started well but were beaten by Lens in their last game, so there’s work to do. A lot of hope rests on the shoulders of Bukayo Saka, Declan Rice, Gabriel Martinelli and Martin Odegaard.
Champions League Betting Bonuses
You can captalize on some great Champions League odds with a betting bonus when you first sign up to a new sportsbook. Remember to always read the terms and conditions first, which may involve stipulations such as minimum odds, winning caps, time limits and more. Some deals can only be unlocked with a promo code, so make sure you look out for those as well. Below are the most common types of betting bonuses at US sites.
Risk-Free Bets
You’re most likely to receive a risk-free bet when you sign up. A risk-free bet will return a lost stake in the form of free bets to be used again at the site. It’s not uncommon to see huge sums on your first bet – often somewhere between $1,000 and $2,000 – but remember that whatever you bet first time around will be the amount of credit you receive if the bet loses; in that sense, the ‘risk-free’ can be misleading.
Free Bets
Free bet opportunities are also rife at sports betting sites. They’re usually released upon some kind of commitment from the bettor; for example, you might receive a $10 free bet when you wager $10 of your own on selected markets. Keep an eye out for free bets in the build-up to big Champions League fixtures.
Parlay Insurance
Parlay insurance gives your parlay bet one chance at missing, returning your stake if one leg lets you down. Those who enjoy placing parlays should consider joining a sportsbook that offers parlay insurance.
Odds Boosts
Champions League odds can be boosted by the bookmaker on any given day. This is usually to entice a higher number of bets, so keep an eye out before and during any big games, particularly the semi-finals and final.
Responsible Gambling
Champions League betting can be fun, but only if punters gamble responsibly. It can be easy to get carried away with betting, particularly if you’ve won – or lost – a few wagers in quick succession. Take preventative steps to ensure you never go too far, including the following:
- Only bet what you can afford to lose
Before you place your bets, decide how much money you’d be comfortable with losing and stick to that budget. Since you’re more likely to lose than win, you should never stretch beyond what’s appropriate. - Never bet when under the influence
Drugs and alcohol don’t mix well with gambling, not least because they can encourage impulsive decision-making. You’re also more likely to chase your losses when inebriated, which is never a good idea. - Make use of on-site limiters
These days it’s easier to manage your spending at gambling sites thanks to the inclusion of on-site limiters, which can be enforced either by time or budget. Make sure you’re putting these to use.
If you’d like to know more about responsible gambling, click the link to visit our dedicated page. You can also contact the National Council on Problem Gambling on 1-800-GAMBLER.
Compare Champions League Odds and Sign Up
Our Champions League betting page will offer exclusive betting tips and analysis throughout the course of the season. Use our tables to compare Champions League odds across a range of the top sportsbooks in the US, and let that information help you decide where you want to stake your money. Once you’ve found the right site, click through, sign up, and collect your welcome bonus.
Frequently Asked Questions
Which team has won the Champions League the most times?
Real Madrid have been crowned European champions a record 14 times: six times when the competition was known as the European Cup, and eight times in the Champions League era.
Who won the 22/23 Champions League?
Manchester City won their first Champions League in 22/23, beating Inter Milan 1-0 in the final.
How do I read Champions League odds?
Champions League odds can be presented in three ways: American, decimal or fractional. US sportsbooks adopt the American moneyline as standard, but you can switch to decimal or fractional odds via your betting account settings if you’d prefer.
What other soccer events can I bet on?
Champions League betting isn’t all that’s available at soccer betting sites. Other European club competitions, domestic leagues and cups are all on offer across the men’s and women’s game. International tournaments like the World Cup, Copa America and European Championships are also popular, as is the MLS here in the US.
Can I get fast withdrawals at Champions League betting sites?
Yes – but it depends on the payment method you use when you deposit funds. e-Wallets represent the fastest option, while bank cards and wire transfers can be slow.
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