Carabao Cup 2022-23 Betting Odds: Man City 9/4 to win the EFL Cup this year with Liverpool 5/1 to retain the trophy!

Manchester City are the bookmakers favourites to win this season's Carabao Cup, with a big first round fixture list on the way tonight.

The Sky Blues have won the EFL Cup 4 times in the last 5 years but it was Liverpool who won it last season.

Paddy Power make them 9/4 favourites to win the League Cup again this year though.

According to the betting odds, Man City have a 30% chance of winning the Carabao Cup this season.

This cup is the first one that you can win in the English football season, usually taking place at the end of February.

Liverpool are the reigning Carabao Cup champions after their penalty shootout win against Chelsea back in February.

The game finished 0-0 after Extra Time and the Reds ended up winning 11-10 on penalties.

This was part of a domestic double that Liverpool did last season, winning the FA Cup in May also on penalties against Chelsea.

This midweek sees 34 first round fixtures in the Carabao Cup with 27 on the way on Tuesday evening. 

Some big teams are in the first round of the EFL Cup with Norwich City also having to enter at the first round stage after finishing bottom of the Premier League last season.

Burnley and Watford both get byes into Round 2 after finishing 18th and 19th in the Premier League last year.

Round 2 will also see 13 Premier League clubs enter the competition with the 7 PL clubs involved in Europe not entering until Round 3.