Champions League Odds: English Flavor

The top of the Champions League odds board has taken an English flavor with Liverpool continuing to pace the market, and Arsenal hot on their heels as the second choice.

Chris Vasile - Publishing Editor at Covers.com
Chris Vasile • Publishing Editor
Dec 13, 2024 • 12:36 ET • 4 min read
Mohamed Salah Liverpool EPL
Photo By - USA TODAY Sports

We are now through six matchdays in Champions League action and the top of the Champions League odds board is starting to take on an English flavor. 

Liverpool maintained their 100% record with a win over Girona, which means they continue to lead the market, with Arsenal a close second. 

Join me as I break down the full soccer odds ahead of Round 7.

Champions League odds

Team TonyBet
Liverpool Liverpool +404
ArsenalArsenal +601
Real Madrid Real Madrid +606
Barcelona Barcelona +657
Bayern Munich Bayern Munich +706
Manchester City Manchester City +706
Inter Milan Inter Milan +1614
Bayer Leverkusen Bayer Leverkusen +2204
AtalantaAtalanta +3314
Atletico Madrid Atletico Madrid +4008
PSG Paris Saint-Germain +4018

Odds as of 12/13/24

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Favorites to win the 2024-25 Champions League

Liverpool Liverpool (+404)

Liverpool are the only team left standing with a perfect 100% record.

They earned full marks in their latest game, notching a 1-0 away win against Girona.

Mohamed Salah was on target from the penalty spot, and he has now scored 15 goals in 20 matches across the Premier League and UCL. 

As he goes, so does Liverpool and they are rightful favorites heading into the final two matchday. 

Liverpool opponents: AC Milan (A), Bologna (H), RB Leipzig (A), Bayer Leverkusen (H), Real Madrid (H), Girona (A), Lille (H), PSV Eindhoven (A).

Arsenal Arsenal (+601)

Don't look now, but Arsenal are rounding into form and are starting to score goals for fun again. 

They were runaway 3-0 winners at home vs. AS Monaco, which means they moved into third place in the UCL table. 

They've now netted at least two goals in all but one of their last six games, and they look a threat to make a deep run in this competition. 

 Arsenal opponents: Atalanta (A), Paris Saint-Germain (H), Shakhtar Donetsk (H), Inter Milan (A), Sporting CP (A), Monaco (H), Dinamo Zagreb (H), Girona (A).

Real Madrid Real Madrid (+606)

Real Madrid got a much-needed three points on their travels to Bergamo, where they beat Atalanta 3-2. 

Kylian Mbappe, Vinicius Junior, and Jude Bellingham all found the scoresheet, but the 15-time Champions League winners still sit on nine points, well back of the automatic qualifying spots. 

With winnable games against Red Bull Salzburg and Brest left, Madrid could sneak in to the Top 8 if they get some help with other results. 

Real Madrid opponents: Stuttgart (H), Lille (A), Borussia Dortmund (H), AC Milan (H), Liverpool (A), Atalanta (A), Red Bull Salzburg (H), Brest (A).

Barcelona Barcelona (+657)

After Barcelona's opening loss to Monaco, many quickly wrote them off as a non-factor this season.

But since then, they've hit their stride and now sit second in the table with 15 points, and own the best scoring record with 21 goals through six games. 

Their recent win, a 3-2 thriller vs. Dortmund showed just how much depth Barcelona posses. 

Fade them at your own peril.

Barcelona opponents: Monaco (A), Young Boys (H), Bayern Munich (H), Crvena zvezda (A), Brest (H), Borussia Dortmund (A), Benfica (A), Atlanta (H).

2024-25 Champions League Format

The Champions League format we've all known to love is changing (perhaps for the better), so let's break it down:

  • Instead of having 32 teams split into eight groups, there will now be one league that houses all 36 qualified teams.
  • Each team will play eight games against randomly selected opponents (based on pot seedings) — four home and four away. 
  • Three points for a win, one point for a draw. 
  • The Top 8 teams on point total will qualify for the Round of 16, while the teams that finish between 9th and 24th will play a two-legged playoff with the winners securing their spot in the Round of 16. 
  • From there, the competition will continue as normal with a two-leg home and away fixture for each tie onwards until the Finals which is a winner-take-all match at a neutral venue. 

The Champions League draw will take place on August 29, 2024, and the tournament will get underway on September 17, with the league portion wrapping up on January 29, 2025. 

Past Champions League trends

To get ahead of the pack there are a few trends that may help you when choosing your Champions League winner:

  • Spanish clubs have won the most combined Champions Leagues of any country, with Real Madrid winning 15 and Barcelona winning five.
  • Italian club Juventus has been to nine finals — only to lose seven times.
  • Six different English teams have won the tournament, the most from one country.

Past Champions League winners

Team Year
Real Madrid 2024
Manchester City 2023
Real Madrid 2022
Chelsea 2021
Bayern Munich 2020
Liverpool 2019
Real Madrid 2018
Real Madrid 2017
Real Madrid 2016
Barcelona 2015
Real Madrid 2014
Bayern Munich 2013
Chelsea 2012
Barcelona 2011
Inter 2010
Barcelona 2009
Manchester United 2008
Milan 2007
Barcelona 2006
Liverpool 2005
Porto 2004
Milan 2003
Real Madrid 2002
Bayern Munich 2001

Understanding Champions League odds

These odds are constantly adjusted throughout the summer as players get hurt, suspended or transfer. Once the season begins, title odds will change as teams win and lose games and as more players get hurt or are suspended. Sportsbooks will also adjust the Champions League odds based on handle and liability to certain teams.

Champions League odds will usually look like this:

  • Bayern Munich +250

This means that on a $100 bet, you'll stand to win $250 if Bayern wins the Champions League. If it's close to the end of the tournament you might see that a team has a minus sign (-) ahead of its odds. 

  • Barcelona -120

This means that you would need to bet $120 to win $100 on a Barcelona championship.

Above we have posted the American odds for the Champions League. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Champions League Odds FAQs

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Chris Vasile Covers.com
Publishing Editor

Chris Vasile has been in the betting industry for well over a decade honing his craft as a writer, editor and handicapper. A journalism graduate from Conestoga College in Kitchener, Ontario, Chris has contributed betting and non-betting content for online publications such as ProSportsDaily and The Hockey Writers, in addition to Covers. With a keen interest in soccer, Chris has been featured on Covers' 'Before You Bet' and runs his own YouTube channel — Game Day Wagers.

When it comes to daily sports betting, his sportsbook of choice is bet365 for the plethora of markets and great UX. Chris' top sports betting advice is to stick to what you know. Being a jack of all trades and master of none is a quick way to bust the bankroll. Find one or two sports you can devote your time to and trust the process.

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