2023-24 Champions League Odds & Scores: Manchester City Favored to Repeat

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The UEFA Champions League, also known as the European Champion Clubs’ Cup, is currently in play for the 2023-24 season. The latest match odds and team futures are out for the marquee tournament in club soccer.

A group stage takes place in the fall, with the top two teams in each group advancing to the knockout round. After that, two finalists are booked for a neutral site final. The 2024 UEFA Champions League Final will occur on June 1 at Wembley Stadium in London, England.

Odds to Win 2023-24 UEFA Champions League

UEFA Champions League odds are available for the 2023-24 season at the best soccer betting apps, including Caesars and BetMGM. Manchester City are the defending champions and odds-on favorites to repeat.

Champions League Odds By Groups

The UEFA Champions League group stage consists of eight groups of four teams. There are odds on the group winner and advancing, given that the top two teams in each group go through to the knockout stage (consider this also when choosing a team to win it all).

To Win Group A

To Win Group B

To Win Group C

To Win Group D

To Win Group E

To Win Group F

To Win Group G

To Win Group H

UEFA Champions League Betting Favorites

Defending champions Manchester City are favored to win followed by traditional powers Bayern Munich and record holders Real Madrid.

Manchester City

Manchester City features some of the stars that led it to its first UEFA Champions League crown in Erling Haaland, Julian Alvarez, and Phil Foden. The team’s mastermind, and one of the most renowned coaches in the sport, Pep Guardiola is also back for another season. The Citizens have started their campaign undefeated and are expected to cruise the rest of the way to win Group G and chase a repeat.

Bayern Munich

Bayern Munich is always a favorite to win due to its dominance in the Bundesliga, helping their balancing act with other competitions. With the addition of one of the world’s best strikers in Harry Kane, this Bayern side is built to win in Europe. The Bavarians have started undefeated, despite facing the likes of Manchester United, and will be expected to win Group A en route to the knockout stage.

Real Madrid

The all-time leaders in winning the competition, Real Madrid, always have a chance. They are the experts in hoisting the trophy and have won it in one of its most unpredictable seasons two years ago. With the likes of Jude Bellingham and Vinicius Jr. leading the charge, don’t count out this team from winning it again with experienced manager Carlo Ancelotti. After an El Clásico win in league play, this Madrid side looks to be in ascent and that’s dangerous for every other club in the tournament.

UEFA Champions League Value Picks and Longshots

FC Barcelona

When you start to explore the field, the teams most likely to win are clubs that are used to winning it before. With the likes of Robert Lewandowski in the attack, and a former UCL winner on the sidelines with manager Xavi, Barcelona has elements of a team that can go on a run out of nowhere. Despite a slump in recent seasons, Barça are still expected to cruise in Group H but it’s the road after the group stage that becomes complicated.

Newcastle United

Newcastle United are back in the competition after a 20-year absence, and they hit the ground running with a big home victory over PSG. If they can harness that energy at home, watch out. It may be a small sample size, but when you’re looking at longshots, why wouldn’t you give this team a look for what they have done in the Premier League to finish top four along with the backing of expensive talent due to its Saudi owners?

AC Milan

AC Milan are the second-most winners behind Real Madrid. It’s in the Milan DNA. The team looks more dynamic in attack with American star Christian Pulisic, a former UCL winner with Chelsea, complementing the likes of Rafael Leao. Before reinforcements, this Milan team reached the semifinals last season and looks like a better team this year. A rough start in Group F, this tournament’s group of death, makes for a difficult stretch to finish top two but now is the best time to buy if you believe in the Rossoneri.

UEFA Champions League Odds

Odds are available for the UEFA Champions League like for other sports: spread, moneyline, and Over/Under on total goals. The three-way moneyline is the most common way to bet in soccer, where you put a wager on either team winning or a draw.

Check back later to view live odds for all upcoming matches in the UEFA Champions League.

UCL Scores

Best Welcome Bonuses for UEFA Champions League Betting

There are several sportsbook welcome offers to choose from to bet on the UEFA Champions League. Here are some of the current best offers on the market:

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How to Bet on the UEFA Champions League

Betting on the UEFA Champions League is as easy as ever with the growth and accessibility of legal online sports betting. Follow the steps below to get started with some can’t-miss offers!

Choose Your Online Sportsbook

If you are betting for the first time, there are many enticing welcome bonuses available when choosing a sportsbook. Some offer low-risk, high-reward Bonus Bets while other sites offer a bigger Bonus to reward a higher deposit.

Check out Gaming Today for comprehensive coverage of online sportsbooks operating in your state and the current Bonuses available. Once you’ve chosen one you like, download that sportsbook’s app and sign up by providing proof of age and identity to register for a new account. Remember to sign up with one of the links or promo codes on this page to redeem your offer.

Make Your First Deposit

Once the sportsbook verifies your account details, you can deposit funds to start betting. Some Bonus offers will require you to make a minimum deposit for the promotion to be activated on your account, so make sure to pay attention to what that number is but a deposit of $10 should be a safe bet to redeem most offers. Some of the most reliable deposit methods include PayPal, Play+, debit/credit cards, and ACH/eCheck.

Make Your First Bet

Most sportsbooks have UEFA Champions League odds listed prominently under its soccer section. You’ll be able to shop different odds by game, with most major sportsbooks offering LIVE betting, shop team and player props, or futures bets. If you have a first bet offer to redeem, remember that whichever bet settles first (not the first one you wager on) will be the one that counts as your “first bet.”

Cashing Out

If your UEFA Champions League bet cashes in, congratulations! You can reinvest your winnings into other bets, but if you are ready to cash out, all sportsbooks will offer you several different options. PayPal, ACH/eCheck, and Play+ represent some of the fastest ways to cash out when your UCL wagers win.

What Kind of UEFA Champions League Bets Can You Make?

Futures: When you bet on who you think will finish as the UEFA Champions League winner, it is called a futures bet. This is a wager on the long-term outcome of the UEFA Champions League. You can also bet on other scenarios like who you think will reach the final, not necessarily committing to a team winning it all.

Other futures bets include selecting a group winner or a team you think will advance as one of the top two in its group. You can also bet on individual awards, including the Golden Boot or which player will end the season with the most assists.

Props: You can wager on the number of goals a particular player will score in a game (Over/Under), or the number of goals a team will make as a collective (Over/Under). You can also go more specific like betting the O/U on the first half or how many corners a team will earn, which team you think will score first or last, and more. These are called prop bets.

Game Bet: You can bet on individual games with a spread (you either get or give a goal) and the total number of goals scored (Over/Under). Moneyline bets are most common in soccer, allowing bettors to pick the winner of any game or a draw in regulation.

Parlays: Parlay bets offer multiple wagers on the same ticket. A bettor can select a team to win, a player to score, and an Over/Under for goals. You can also bet on the outcome of several games, like three group-stage games in one. The payout odds increase with each bet, but all of your parlay bets (legs) must be correct for your bet slip to win. If you get one wrong, you lose the parlay.

UEFA Champions League Standings

UEFA Champions League Odds FAQ

Who is favored to win the UEFA Champions League?

Defending champions Manchester City are favorited to win the 2023-24 UEFA Champions League with a current price of .

How do I bet on UEFA Champions League?

Betting on the UEFA Champions League can be done at the best soccer betting apps, like Caesars Sportsbook and BetMGM Sportsbook, in any of the states where sports betting has been legalized.

What are the odds to win the 2023-24 Champions League?

Manchester City is the odds-on-favorite to win the 2024 UEFA Champions League, followed by traditional powers like Bayern Munich and Real Madrid.

Why are Man City Favourites for Champions League?

Manchester City are favorites to win the 2024 UEFA Champions League because the first team features many of the same players that helped it to a treble last season, like Erling Haaland, Julian Alvarez, and Phil Foden. The team is coached by one of the world’s top managers, Pep Guardiola.

The Citizens also have a favorable group with the likes of RB Leipzig, Red Star Belgrade, and BSC Young Boys – all clubs the EPL champs are expected to beat. The defending champs are all but a lock to be in the knockout stage and go for a repeat.

Is Champions League on DraftKings?

Online sports betting on the UEFA Champions League is available among several top sportsbooks like DraftKings Sportsbook.

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What decides Champions League group stage?

The UEFA Champions League group stage features 32 teams divided into groups of four. The top two teams in each group move on to the knockout stage. The third-place teams are relegated to the UEFA Europa League knockout stage. Fourth-place teams are eliminated and must qualify for the next season, usually by winning their domestic league.

About the Author
Victor Araiza

Victor Araiza

Victor Araiza is a sports betting writer for Gaming Today who joined the team in 2022. Araiza has over a decade of experience covering major sports in the United States with a specialty in soccer.

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