Champions League Betting Odds

🤑 Champions League Free Bet	Wager $15 and Earn a $10 Free Bet
☘️ Best Teams	Manchester City, Real Madrid, Bayern Munich, PSG and Barcelona
🖋️ Champions League Betting Markets	Outright Winner, Match Betting, Top Scorer, BTTS, Over/Under Betting
💳 Deposit Methods	Visa, Mastercard, Interac, AstroPay, MuchBetter, ecoPayz

It’s thought that almost 400 million people from across the globe watched the 2022/23 Champions League final, as Manchester City won the tournament for the very first time.

Unsurprisingly, this annual competition is also one of the most bet on sporting events in the world, in which Europe’s best teams compete for the single most coveted trophy in club soccer.

Here at Betiton Canada, we offer extensive Champions League betting markets and highly competitive odds. But what exactly should you expect when betting on soccer and tournaments of this type, and who are the favourites to win the 2023/24 Champions League?

Format & Fixtures of the UEFA Champions League

The UEFA Champions League currently comprises both knockout rounds and a round robin format but is set to undergo a significant format change ahead of the next season. This campaign will also see the number of competing sides in the main tournament increase from 32 to 36, although 16 teams will still participate in the knockout phase.

Qualification Phase

From next season, there will be four main qualifying rounds, with 30 teams initially taking part in the preliminary qualifiers. At this stage, the draw splits into ‘Champions’ and ‘League’ paths, with 24 association champions and six league qualifiers competing in the second round of qualifying.

Teams are then eliminated during the second and third qualifying rounds, before 10 league champions and four runners up compete in the play-off round. Ultimately, five Champions Path winners and two League Path winners will reach the group stages, alongside 29 automatic qualifiers from Europe’s top 10 associations.

⚽ Qualification Phase	⚖️ Competing Sides	📅 Dates
✔️ First Qualifying Round	30	9th – 17th July 2024
✔️ Second Qualifying Round	30 (24 Champions Path and 6 League Path)	23rd – 31st July 2024
✔️ Third Qualifying Round	20 (12 Champions Path and 8 League Path)	6th – 13th August 2024
✔️ Play-off Round	14 (10 Champions Path and 4 League Path)	20th – 28th August 2024

Group Stage

This stage will see the biggest evolution in 2024/25, as the 36 qualifying teams will no longer compete into groups of four. Instead, they’ll participate in a single league, while each side will face eight opponents during this phase.

The competing teams will be seeded into four pots of nine based on the 2023–24 UEFA club coefficients, which each side will play four games at home and four away. Pot one will contain the defending UCL champion and eight qualified teams with the highest club coefficient (CC) ranking.

The remaining pots will feature the other qualifiers, who are distributed solely according to their CC ranking.

⚽ Group Stage	⚖️ Competing Sides	📅 Dates
1️⃣ Matchday 1	36	17th-18th September 2024
2️⃣ Matchday 2	36	1st – 2nd October 2024
3️⃣ Matchday 3	36	22nd – 23rd October 2024
4️⃣ Matchday 4	36	5th – 6th November 2024
5️⃣ Matchday 5	36	26th – 27th November 2024
6️⃣ Matchday 6	36	10th – 11th December 2024
7️⃣ Matchday 7	36	21st – 22nd January 2025
8️⃣ Matchday 8	36	29th January 2025

Knockout Phase

The top eight teams at the end of the league stage automatically qualify of the knockout stage. The sides that place between 9th and 24th also compete in two-legged play-off matches to finalise the round of 16 lineup, with these ties taking place between February 11th and February 19th.

The tournament then returns to its familiar knockout format, which features three rounds before the final at the Allianz Arena on May 31st. Of course, it’s the knockout stages that tend to dominate Champions League betting, especially when it comes to outright and match wagering markets.

⚽ Knockout Phase	⚖️ Competing Sides	📅 Dates
✔️ Play-Off Round	16	11th – 19th February 2025
✔️ Round of 16	16	4th – 12th March 2025
✔️ Quarterfinals	8	8th – 16th April 2025
✔️ Semi-finals	4	29th April – 7th May 2025
✔️ Final	2	31st May 2025

Who Are the Favourites to Win the 2023/2024 Champions League?

If you want to bet on Champions League final or other knockout games, of course, there’s still time to wager on the 2023/24 tournament. Here are the Champions League betting favourites for this campaign.

• Manchester City: The defending champions are the favourites to win again in 2024, after qualifying from the group stage with a 100% record. They’re also unbeaten in 29 home UCL matches since a 2-1 defeat to Lyon in September 2018, and manager Pep Guardiola has taken won 113 of the 171 matches he has taken charge of during his career (66%).
• Real Madrid: ‘Los Blancos’ are the 14-time winners of this coveted competition and are always highly favoured by the Champions League odds. This year is no exception as they have lost just two of their 37 matches in all competitions in 2023/24. Manager Carlo Ancelloti also has the most wins in UCL history with 119 to his name in total.
• Arsenal: Arsenal’s impressive performances at home and abroad have established them as third favorites to win the 2023/24 Champions League. Certainly, coach Mikel Arteta has built a young, tenacious, and technically gifted team, although their lack of experience and struggles with breaking down low defensive blocks could hinder them in the knockout stages.

How to Bet on the Champions League at Betiton Canada?

If you’re going to bet on Champions League here at Betiton Canada, you’ll first need to learn how to construct your bet slip. Here’s a step-by-step guide to help you on your way.

• Step 1: Sign up or login to your Betiton Canada account.
• Step 2: Navigate through ‘Football’ and ‘Champions League’ markets using the vertical menu on the left.
• Step 3: Click your desired match or market. Any Champions League betting lines that you select will automatically appear in your bet slip in the bottom right-hand corner of the screen.
• Step 4: Review your bet slip and set stake amounts, creating same or multi-game parlays as desired. To confirm, hit ‘Place Bets’.

UEFA Champions League Betting Markets

From Champions League qualification betting to wagering on the winner of the showpiece final itself, there are plenty of available UCL markets here at Betiton. Here’s a summary of the most popular wager types and betting markets.

• Futures Betting: This requires you to bet on the outright winner of the UEFA Champions League. This can unlock highly competitive odds in some instances, depending on the timing of your bet and the number of teams that remain in contention. The quality of the competing field is also a consideration here.
• Over/Under Betting: A popular and even money match betting market, the over/under usually refers to the number of goals that will be scored in a particular game. The 2.5 goals betting line tends to see the most activity, with the 125 UCL games contested in 2022/23 producing 372 goals at a rate of 2.98 per 90.
• Both Teams to Score (BTTS): This is another even money market, in which you can use form and team analysis to bet on whether both teams will score in a particular match (or not). On average, over 50% of UCL games tend to see both competing sides score, although this percentage may dip slightly during knockout games.
• Top Scorer: When betting on the Champions League, you can also access various player props and markets. For example, you can wager on the identity of the tournament top scorer, with Man City’s Erling Haaland claiming this accolade in 2022/23. He’s also the joint-top scorer in 2023/24 at the time of writing.
• Moneyline Betting: This is the most straightforward UEFA Champions League betting line, and one that requires you to back the winner of a particular UCL game. This also unlocks wager types that can create additional value in match betting, including spread betting and multi-game parlays.

UEFA Champions League Betting Odds

Here at Betiton Canada, we allow you to toggle between three different  Champions League odds formats. You can choose how odds are presented by using the drop-down menu in the top right-hand corner of the homepage, but what do you need to know about each format?

• Decimal Odds: We use decimal odds as our default format at Betiton Canada. This features a single number to two decimal places, which relays how much you can potentially win for every $1 wagered (inclusive of your stake amount). It’s arguably the most straightforward betting odds format.
• Fractional Odds: These odds feature two numbers separated by a slash. The first tells you how much you can win in relation to the second, which is your stake amount. When calculating your winnings using fractional odds, remember that this sum will be exclusive of your stake amount.
• American Odds: American odds are defined by three-digit number accompanied by either a ‘plus’ or ‘minus’ sign. The minus indicates a betting favorite, while the accompanying number tells you much you’ll need to stake to win $100. The plus reveals a betting underdog, while the associated number relays how much you’ll win if you place a $100 wager.

Championship League Winner Betting Odds

Below, you’ll also find a summary of our latest outright Champions League betting odds. Just note that these are likely to change as the tournament progresses.

⚽ Team	📊 Odds
👉🏼 Man City	2.50
👉🏼 Real Madrid	5.50
👉🏼 Arsenal	7.50
👉🏼 Bayern Munich	9.00
👉🏼 Inter Milan	10.00
👉🏼 PSG	13.00
👉🏼 Barcelona	16.00
👉🏼 Atletico Madrid	51.00
👉🏼 Borussia Dortmund	51.00
👉🏼 Napoli	67.00

*Please keep in mind that the odds might change throughout the championship!

Live Betting on the Champions League

When engaging in Champions League betting online, you’ll also find a huge selection of in-play markets here at Betiton Canada. This enables you to wager on match outcomes and various team and player props as games progress, enriching your viewing experience significantly in the process.

We also enable you to take control of your in-play Champions League bets with our full and partial cash out features. These allow you to push for early settlements and recoup money from losing bets, which is important given the volatile nature of live events and odds.

UEFA Champions League Betting Tips by Betiton Canada

Given the sheer range of Champions League betting markets available, it can be hard to identify the best value betting lines and make the most of your bankroll. So, here are a few of my Champions League betting tips to keep in mind.

• Study the Relevant Form: While is a fairly obvious suggestion, it’s important to identify the most relevant form and datasets when engaging in match betting. Pay particularly close attention to the home and away form of competing sides, while also analysing recent head-to-head encounters, player form, and the impact of any real-time injuries and suspensions.
• Use Odds to Calculate Implied Probability: Once you’ve conducted your own game and market analysis, use our published odds to calculate the implied probability of a particular outcome occurring. This can be done using any odds format, while it’s expressed as a percentage and may help you to identify particular value in published prices. It also helps you to set optimal stake amounts.
• Use Betting Systems and Strategies: As with all online sportsbooks, Betiton Canada applies a small commission (or ‘vigorish’) to each betting line. This creates a small edge in favour of the sportsbook, but you can help to negate this through the use of betting systems and strategies. For example, bankroll management can help to minimize losses over time, while tailoring unit bets to suit specific odds is also highly recommended.
• Create Value in Match Betting: When wagering on early and group stage UCL games that feature heavy betting favorites, consider creating value through specific wager types. Spread betting is a popular Champions League bet when looking to strategically handicap short price favorites, for example, while parlays enable you to combine a number of likely match winners in a single, higher value wager.

UEFA Championship League Winners in the Past

The Champions League evolved from the old European Cup competition in the summer of 1992, with 14 different teams having won the tournament since this time.

Real Madrid are the only team to retain the title in the Champions League era, while their combined tally of 14 UCL crowns and European Cups is seven higher than their nearest rivals (AC Milan).

Here’s a summary of the last 10 UCL finals and winners!

📅 Year	🥇 Winner	⚖️ Result	🥈 Runner-Up	📍 Place
2013/14	🏆 Real Madrid	4-1	✔️ Atletico Madrid	Lisbon, Portugal
2014/15	🏆 Barcelona	3-1	✔️ Juventus	Berlin, Germany
2015/16	🏆 Real Madrid	1-1*	✔️ Atletico Madrid	Milan, Italy
2016/17	🏆 Real Madrid	4-1	✔️ Juventus	Cardiff, Wales
2017/18	🏆 Real Madrid	3-1	✔️ Liverpool	Kyiv, Ukraine
2018/19	🏆 Liverpool	2-0	✔️ Tottenham	Madrid, Spain
2019/20	🏆 Bayern Munich	1-0	✔️ PSG	Lisbon, Portugal
2020/21	🏆 Chelsea	1-0	✔️ Man City	Porto, Portugal
2021/22	🏆 Real Madrid	1-0	✔️ Liverpool	Saint-Denis, France
2022/23	🏆 Man City	1-0	✔️ Inter Milan	Istanbul, Turkey

*Real Madrid won 5-3 on penalties AET

Champions League Betting Offers

We’ve already touched on our generous cash out feature here at Betiton Canada, while our ‘Boostiton’ bonus enables existing players to boost their UCL parlay winnings by up to 77%. Winnings boosts start at 4% on four-fold parlays and scale with each additional pick!

Then there’s our welcome offer, which rewards your first $15 deposit and wager with a $10 free bet. Your qualifying wager must be placed at minimum odds of 2.00, while you’ll have 14 days in which to deploy your free bet. Deposits made via PayPal, Neteller, Paysafe, Skrill or Skril 1-Tap aren’t eligible to receive the bonus.

Responsible Gambling

Here at Betiton Canada, we take responsible gambling incredibly seriously. So, we’ve created a number of responsible gambling tools, to help you practically manage your bankroll and enable you to wager within your means.  

For example, you can set customizable deposit limits at Betiton CA, which can be set each day, week or month depending on your betting frequency and patterns.

We also enable you to self-exclude from your account and sponsored messaging, for a period of anywhere between six months and five years. We’re also proud to partner with responsible gambling charities like BeGambleAware and GamCare.

Frequently Asked Questions about Champions League Betting