Paris St-Germain have seen their odds shorten to win the Champions League after their 5-0 drubbing of Celtic last night.
A month ago, the French team were 13/2 with many sites, and they are now 5/1 to win it all. Before the signings of Neymar Jr. and Kylian Mbappe, you could have taken them at a massive 20/1, which many punters did at the end of last season.
We reported yesterday that PSG had been the most backed team, with a little over 17% of total bets on the market to win the Champions League, and this trend seems set to be only increasing. Since last night’s win, they’ve accounted for over 50% of bets on the market despite bookmakers shortening their odds.
With the odds shortening, they have now leapfrogged Bayern Munich and Barcelona to become second favourites to current title holders, Real Madrid.
Barcelona’s odds have also come down to 6/1 after they disposed of Juventus with ease last night.
Three English teams lie outside of that top four, in the order of Man City (12/1), Man United (14/1) and Chelsea (16/1). PSG’s pre-Neymar odds of 20/1 look extremely good value now.