Champions League odds: Chelsea cut into second-favourites to win second UCL trophy

Champions League odds: Chelsea cut into second-favourites to win second UCL trophy

There’s two English sides at the top of the market.

Chelsea second-favourites for Champions League

Thomas Tuchel’s Chelsea are the new second-favourites to win the Champions League, according to bookmakers’ latest odds. 

The West London side have leapfrogged Bayern Munich into second spot, cut from 6/1 into 4/1. They’re also the most-backed within the market, attracting 22% of all bets today. 

Man City still favourites

Man City remain clear favourites to win their first-ever Champions League, and have been cut into 9/5 following their victory over Borussia Dortmund.  

Odds have subsequently lengthened on Bayern Munich following their home defeat to PSG, with the German giants now 5/1 alongside their French opponents. 

Real Madrid are next in the pecking order, currently priced at 11/2 to bring another Champions League trophy to the Bernabeu.  


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Liverpool face an uphill battle in their second leg against Real Madrid, and are 14/1 best price to win Europe’s top trophy again.  

Oddschecker spokesperson Callum Wilson: “The appointment of Thomas Tuchel has proved a masterstroke for Chelsea, and punters can’t get enough of them in the Champions League outright market.  

“Over one-in-five of all bets in the last 24 hours have backed the Blues and a comprehensive away victory has seen their price shorten even further.  

“Under Frank Lampard, the Blues were a lofty 22/1 to win their second Champions League. A string of impressive defensive performances and a change in the dugout now sees their price sit at just 4/1.”

Champions League winner odds: 

  • Man City 7/4 (7%)
  • Chelsea 4/1 (17%)
  • PSG 4/1 (42%)
  • Real Madrid 11/2 (12%)
  • Bayern Munich 8/1 (5%)