The first leg of the 2023-24 UEFA Champions League round of 16 concluded on Wednesday, with several sports betting companies adjusting their winner odds as some favourites stumbled.
Arsenal failed to register a single shot on target in their 1-0 loss at Porto and now face the possibility of missing the quarterfinals for the eighth consecutive season. However, Mikel Arteta’s side remain favoured to advance when the second leg comes around at the Emirates on March 12.
Similarly, Bayern Munich fell 1-0 at Lazio, followed by another away defeat against Bochum in the Bundesliga. This string of losses led to the German club announcing manager Thomas Tuchel’s departure at the end of the season.
Defending champions Manchester City, Real Madrid, and Inter Milan secured victories in their first-leg ties. The PSV Eindhoven vs Borussia Dortmund and Napoli vs Barcelona matchups ended in 1-1 draws, keeping both ties wide open.
Here are the updated 2023-24 UEFA Champions League winner odds after the round of 16 first leg ties.
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2023-24 UEFA Champions League Winner Odds
All odds, courtesy of Betway, are correct at the time of publishing and subject to change.
Manchester City @ 2.55
Real Madrid @ 5.40
Arsenal @ 7.40
Bayern Munich @ 8.80
Inter Milan @ 10.80
PSG @ 12.60
Barcelona @ 19.30
Borussia Dortmund @ 40.00
Atletico Madrid @ 47.00
FC Porto @ 50.00
Napoli @ 73.00
PSV @ 84.00
Real Sociedad @ 100.00
Lazio @ 100.00
RB Leipzig @ 125.00
FC Copenhagen @ 1000.00
Manchester City remain the frontrunners to retain the Champions League with shortened odds of 2.55 after winning the first leg of their tie with Copenhagen 3-1 in the Danish capital. Real Madrid’s chances of extending their record in the competition also improved, dropping to 5.40 odds after their 1-0 win at RB Leipzig.
Despite their first-leg defeat, Arsenal’s odds remain unchanged at 7.40 ahead of their return leg at home. Conversely, Bayern Munich’s odds have risen significantly to 8.80 from 5.00 after their recent setbacks and news of Tuchel’s imminent departure.
Of the other contenders in the round of 16, Inter Milan are at 10.80 odds to win the 2023-24 Champions League after beating Atletico Madrid 1-0 at San Siro. PSG’s odds have decreased to 12.60 following their 2-0 home victory over Real Sociedad, while Barcelona’s odds have increased to 19.30 after drawing 1-1 with Napoli in Naples.
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2023-24 UEFA Champions League Betting
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Champions League Round-Of-16 Second-Leg Fixtures
- 05/03 21:00 Bayern (0) vs Lazio (1)
- 05/03 21:00 Real Sociedad (0) vs PSG (2)
- 06/03 21:00 Manchester City (3) vs Copenhagen (1)
- 06/03 21:00 Real Madrid (1) vs RB Leipzig (0)
- 12/03 21:00 Arsenal (0) vs Porto (1)
- 12/03 21:00 Barcelona (1) vs Napoli (1)
- 13/03 21:00 Atletico Madrid (0) vs Inter Milan (1)
- 13/03 21:00 Borussia Dortmund (1) vs PSV (1)