Champions League 24/25 Betting Odds: Manchester City 2/1 favourites to win their second Champions League after league phase draw on Thursday!

Manchester City are the early favourites to win the Champions League this season after the league phase draw took place on Thursday, with OLBG looking at the full betting odds.
Champions League 24/25 Betting Odds: Manchester City 2/1 favourites to win their second Champions League after league phase draw on Thursday!

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Jake Ashton
Jake Ashton Senior News Editor

Jake is a Football and Entertainment betting expert, with a Man City season ticket and a deep knowledge of reality TV betting angles

  • Manchester City lead the betting odds to win the Champions League this season
  • Holders Real Madrid are second favourites at 7/2 to win this year's European Cup
  • Matchday 1 set to take place on 17–19 September

Manchester City lead the betting odds to win the Champions League this season

Pep Guardiola's Manchester City head into this season's Champions League as the 2/1 favourites with UK Betting Sites after the league phase draw took place on Thursday evening.

City will face Inter Milan and PSG in two of their eight games, with ties against Juventus and Sporting Lisbon also featuring in their fixture list and they will be hoping to ease through here.

Last season's competition saw City knocked out in the Quarter-Final stage by Real Madrid after being beaten on penalties following a 4-4 aggregate draw.

This time around though Paddy Power think they'll win Europe's elite competition with the latest betting odds at 2/1 for them to win the Champions League for the second time.

City beat Inter Milan in the Champions League Final in 2022/23 to wrap up an historic treble for the club and Guardiola will be hoping to win another European Cup in his illustrious career.

Champions League 24/25 WinnerOddsProbability
Man City2/133.3%
Real Madrid7/222.2%
Arsenal8/111.1%
Bayern Munich12/17.7%
Barcelona12/17.7%
Liverpool14/16.7%
What the expert says...
Manchester City are 2/1 favourites to win the Champions League this season with bookies putting them and Real Madrid fairly clear of the rest in the betting market. City have a 33.3% chance of winning the competition for the second time in their history this year according to the latest odds with Pep Guardiola looking for yet another trophy as City manager.

Jake Ashton - Football Betting Expert - OLBG.com

Holders Real Madrid are second favourites at 7/2 to win this year's European Cup

Real Madrid won the Champions League for the 15th time in classic fashion for recent years after soaking up a bunch of pressure before coming out on top against Borussia Dortmund.

Real had a poor first half in that final with Dortmund having chance after chance but in typical trademark style they came out swinging in the second half to eventually run out 2-0 winners.

That win was Real's 5th in the past 10 years and sealed even further their mark as the Kings of Europe and they are second favourites at 7/2 to do the same again in Munich next year.

Champions League Betting Guide (Odds, How to, Contenders, History)
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Champions League Betting Guide (Odds, How to, Contenders, History)

Matchday 1 set to take place on 17–19 September

This season's Champions League is the first with a brand new league phase format, with each team playing 8 games against 8 different teams in the first phase.

Matchday 1 of the Champions League this season will take place across three nights, with Tuesday, Wednesday and Thursday hosting games on 17-19 September.

The eight and final matchday will take place on 29 January with all 36 teams playing on that night, with the full list of dates here:

  • Matchday 1: 17–19 September 2024
  • Matchday 2: 1/2 October 2024
  • Matchday 3: 22/23 October 2024
  • Matchday 4: 5/6 November 2024
  • Matchday 5: 26/27 November 2024
  • Matchday 6: 10/11 December 2024
  • Matchday 7: 21/22 January 2025
  • Matchday 8: 29 January 2025

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