After months of exciting group games in the 2023-2024 Champions League, it’s knockout time! Sixteen teams are left, all dreaming of lifting the famous trophy. The December 18 draw in Nyon set up some mouth-watering matches, and this article takes a look at who the bookmakers think will win it all, based on the latest UEFA Champions League winner odds.
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Group Stage Recap
Manchester City and Real Madrid were the only two sides to maintain a perfect record in the Champions League group stage. Spain has the most teams, with four sides making the Round of 16. Meanwhile, Arsenal are the only other English side in the knockout stage after Newcastle United and Manchester United failed to make it past the group stage.
UCL Round of 16 Draw in Full
- Porto vs Arsenal
- Napoli vs Barcelona
- Paris Saint-Germain vs Real Sociedad
- Inter vs Atletico Madrid
- PSV vs Borussia Dortmund
- Lazio vs Bayern Munich
- FC Copenhagen vs Manchester City
- RB Leipzig vs Real Madrid
2023-2024 UEFA Champions League Winner Odds
Manchester City’s Champions League campaign’s first phase couldn’t have gone any better. They won all six group games, scoring three goals in each match and emerged as the top scorers in the group stage. Pep Guardiola’s side are but guaranteed a procession to the quarter-finals after drawing against Copenhagen in the last sixteen. The Cityzens are expected to continue their winning streak against the Danish opposition in February.
Copenhagen may have experience playing with a Manchester-based team, but they will find Manchester City to be a different challenge. Although they defeated Manchester United in the group stage, they could be on the end of a heavy drubbing against City, especially with talismanic striker Erling Halaand and a totemic midfielder expected to be fit for the tie.
City are favoured by the bookmakers to retain their title at Wembley next June, and you can back them at 2.90 odds on 1xbet. Betking has the English champions at 2 odds to make the final.
German champions Bayern Munich handed a seemingly favourable draw against Lazio, are second favourites at 5.00 odds (Betano) to lift the trophy. However, the Bavarians have shown occasional vulnerability against weaker opposition this season. While Harry Kane spearheads their attack, an upset wouldn’t be entirely out of the question.
Record winners Real Madrid, boasting the most exciting young talent in Jude Bellingham and the most decorated manager in Champions League history in Carlo Ancelotti, are expected to overcome RB Leipzig. They’re at home in this competition, and with a record-breaking 14 titles already in their trophy cabinet, lifting a record-extending 15th crown at 6.50 odds (22bet) wouldn’t be a surprise.
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Contenders and Dark Horses
Arsenal have never lifted the trophy. However, this could be the year for Mikel Arteta’s side to shine. At 7 odds, 22bet offers a chance to back the Gunners to win the competition. Alternatively, you can back them at 3.75 odds on Betking to make it to the finals at Wembley.
Although the Champions League may no longer be known for giant-killing, Atletico Madrid could still upset the odds this season. While not a fairytale underdog, Diego Simeone’s side has two of the competition’s leading scorers, Antoine Griezmann and Alvaro Morata, who have combined for 10 goals in the group stage. Simeone made the finals in 2014 and 2016 but lost both times to city rivals Real Madrid. If Atletico Madrid wins next June, it wouldn’t be a surprise. You can find them at excellent odds of 25 on Betano to lift the trophy. Betking offers them at 10 odds to make the final, while 1xbet has them priced at 5 odds to make the semis.
Latest 2023-2024 Champions League winner odds
Below are the latest odds for the 2023/2024 UEFA Champions League winner:
Manchester City @ 2.90 (1xbet)
Bayern Munich @ 5 (Betano)
Real Madrid @ 6.70 (22bet)
PSG 13 @ 13 (22bet)
Barcelona @ 14 (Bet9ja)
Inter Milan @ 21 (1xbet)
Atletico Madrid @ 25 (Betano)
Borussia Dortmund @ 26 (1xbet)
Napoli @ 41 (Bet9ja)
Real Sociedad @ 70 (22bet)
RB Leipzig @ 75 (Betano)
FC Porto @ 100 (1xbet)
Lazio @ 100 (22bet)
FC Copenhagen @ 500 (Betano)
Odds on which country the winner will be from are also available on 1xbet, with England (3), Germany (3.4), and Spain (3.75) as the leading contenders.
Boosted odds on TOP events every day2023-24 Champions League top scorers odds
After the conclusion of the group stage, Antoine Griezmann, Erling Haaland, Rasmus Højlund, and Álvaro Morata are the top scorers.
Griezmann, who scored in Atlético de Madrid’s 2-0 home win against Lazio on Matchday 6, joined his teammate Morata, Haaland, and Højlund at the top of the scoring charts. Haaland, who broke records on Matchday 5 as the fastest and youngest player to reach 40 goals in the competition, now has five goals in his last three games after failing to score in his first two Champions League matches this season.
Højlund may not have made it past the group stage with Manchester United, but he registered impressive doubles against Galatasaray and Copenhagen and a goal at Bayern. Meanwhile, Morata’s five goals helped Atlético secure their spot in the knockout phase.
Eight players, including Gabriel Jesus, Harry Kane, and Jude Bellingham, are on four goals each, while 11 players, including Kylian Mbappé and Phil Foden, are on three goals.
Ahead of the knockout rounds, Haaland is the favourite to retain the Golden Boot at 2.00 odds (1xbet). Others to keep an eye on include Harry Kane (3.25), the ever-dangerous Kylian Mbappé (7.00), the exciting young talent Jude Bellingham (15.00) and the mercurial Antoine Griezmann (34).
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Key Dates & Matches
The first legs of the Round of 16 take place on February 13/14 and 20/21, with the second legs on March 5/6 and 12/13. The quarter-finals and semi-finals draw is on March 15, followed by the quarter-finals on April 9/10 and 16/17, the semi-finals on April 30/May 1 and May 7/8.
The 2023-24 UEFA Champions League season will conclude at London’s Wembley Stadium on June 1. The final is returning to the London venue for a record eighth time and the third in the UEFA Champions League era following the 2011 and 2013 finals.