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Virgil van Dijk of Liverpool applauds his team following its Premier League victory, and Liverpool headline our Champions League odds.
Pictured: Virgil van Dijk of Liverpool applauds his team following its Premier League victory. Photo by Alfie Cosgrove/News Images via Sipa USA.

Champions League odds favorite Liverpool remained perfect after beating Lille 2-1 on Matchday 7. Make that seven wins on the bounce for the Reds, who are three points ahead of Barcelona in the standings.  

Barcelona are receiving the third-shortest Champions League odds a their thrilling 5-4 away victory over Benfica. The Catalans are trading just behind Arsenal and alongside Clasico rivals Real Madrid. 

Arsenal, with the second-shortest odds at most of our soccer betting sites, will play on Wednesday. Manchester City and Bayern Munich are also among the Champions League odds front-runners. 

Champions League odds 2025

Here are the latest notes entering Matchday 7

  • Liverpool have the only perfect record in the competition
  • Barcelona are second in the UCL table
  • Man City's odds lengthened to +800 before the break but shortened to +750 before their Matchday 7 contest
  • Man City face a tough test in Paris against PSG on Wednesday
  • Arsenal will play Dinamo Zagreb
  • Real Madrid should have a relatively easy task at home against Salzburg

Champions League favorite 2025

Liverpool Champions League odds (+400)

Mohamed Salah celebrates his goal against Girona FC as we analyze the 2024-25 Champions League odds. 
Pictured: Mohamed Salah celebrates his goal against Girona FC. Photo by Sipa USA.

Liverpool are becoming a bit of a runaway train. They're trading at minus money by the Premier League odds, and now they're the clear favorites to win the Champions League.

The Reds have lost one match in their last 29 matches in all competitions. That loss came against Tottenham in the EFL Cup, perceived as the least important of all competitions. 

If they remain healthy, Liverpool have the quality to win Europe's most prestigious club competition. However, anything can happen in an aggregate knockout round tie against another team in the top five. A winning $10 bet would profit $40. 

Best odds: +400 via bet365 | Implied probability: 20%

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My Champions League team to watch

Manchester City Champions League odds (+750)

Manchester City
Pictured: Manchester City's head coach Pep Guardiola looks on before the UEFA Champions League against Juventus. Photo by Xinhua/Sipa USA via Imagn Images.

Before the Champions League schedule break, Manchester City endured their worst run under Pep Guardiola since he took charge in 2016. It's too early to tell whether it's the end of City's dynastic run, but a stretch of one win in 13 matches is unheard of.

That woeful period is over, and they're are unbeaten in six. That's nothing to write home about, but Pep hopes it will provide the platform his team requires to get back on track in this tournament. 

They have a challenging forthcoming tilt in Paris against PSG, so let's see how far they've come since extricating themselves from a recent rot. 

Rodri has been ruled out for the rest of the season, which poses a massive problem for this team. I wouldn't back City knowing they don't have their lynchpin for the remainder of the competition, even though their +800 odds look appealing. 

Best odds: +750 via Caesars | Implied probability: 11.76%

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2025 UCL format changes

The group stage features a major change for the 2024-25 UEFA Champions League. We are now treated to a single 36-team league stage, during which each side faces eight different teams (four at home, four away).

The top eight overall advance directly to the Round of 16. Then, teams finishing from ninth to 24th will meet in the knockout-round playoffs, from which eight more teams will emerge. Once those 16 are set, it becomes a straight knockout like we've seen in previous years.

2025 schedule and key dates

Stage matches

  • Matchday 1: Sept. 17–19 ✅
  • Matchday 2: Oct. 1-2 ✅
  • Matchday 3: Oct. 22-23 ✅
  • Matchday 4: Nov. 5-6 ✅
  • Matchday 5: Nov. 26-27 ✅
  • Matchday 6: Dec. 10-11 ✅
  • Matchday 7: Jan. 21-22, 2025
  • Matchday 8: Jan. 29, 2025

Knockout stage

  • Knockout-round play-offs: Feb. 11-12 & 18-19, 2025
  • Round of 16: March 4-5 & 11-12, 2025
  • Quarter-finals: April 8-9 & 15-16, 2025
  • Semi-finals: April 29-30 & May 6-7, 2025
  • Final: May 31, 2025

Qualifying rounds

  • First qualifying round: July 9-10 & 16-17 ✅
  • Second qualifying round: July 23-24 & 30-31 ✅
  • Third qualifying round: Aug. 6-7 & 13 ✅
  • Playoffs: Aug. 20-21 & 27-28 ✅

How to read Champions League title odds

Champions League title odds reflect the probability of each Champions League team winning the championship and are typically presented in American odds format (+XXX). Lower odds signify favoritism, while higher odds indicate underdog status.

A team with +750 odds to win the Champions League is given an 11.76% implied probability of doing so with a $10 bet returning a $75 profit with a victory. A team with +1500 odds would have higher or longer odds, and a lower implied probability of 6.25%, but a win on a $10 bet would return a profit of $150.

Bettors should consider team performance, roster strength, injuries, and historical trends when assessing odds. Individuals can make informed betting decisions during the Champions League season by comparing odds across sportsbooks.

Champions League odds history

TeamYearOdds prior to Round of 16
Real Madrid2024+550
Manchester City2023+185
Real Madrid2022+1600
Chelsea2021+1800
Bayern Munich2020+650
Liverpool2019+900
Real Madrid2018+850
Real Madrid2017+490
Real Madrid2016+550

Champions League FAQs

Who is the favorite to win the Champions League in 2025?

Liverpool are the Champions League favorites with +400 odds imply a winning probability of 20%, via our odds calculator.

When does the 2024-25 Champions League start?

The 2024-25 UEFA Champions League got underway with the qualifying rounds starting on July 9, 2024. Group Stage match weeks began on Sept. 17, 2024, and run until Jan. 9, 2025.

Knockout rounds begin on Feb. 11, 2025, and take us through to the final on May 31, 2025.

Who won the Champions League last year?

Real Madrid won the Champions League title in 2024 after opening with odds of +650 and closing as roughly -340 favorites the day before the final against Dortmund.

When will the 2025 Champions League be decided?

The 2024-25 Champions League Final will be played on May 31, 2025.

Where will the 2025 Champions League final be played?

The Champions League Final will return to Germany's Allianz Arena for the first time since 2012.

Soccer betting odds pages

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