⚽ Champions League Odds & Favorites 2026: Arsenal, Bayern Munich on Top Entering Round of 16

Arsenal is the Champions League odds favorite, with Bayern Munich receiving the second-shortest odds entering the Round of 16.
Declan Rice in action as we provide the Champions League betting odds 2026.
Pictured: Declan Rice in action as we provide the Champions League betting odds 2026. Photo by Paul Childs via Imagn Images
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Europe's premier club soccer tournament enters the Round of 16 this week, and Arsenal is the Champions League odds betting favorite. 

With the easiest path to the final, the Gunners offer the best Champions League bet. However, Bayern Munich has been exceptional this season, with the German giants receiving the second-shortest odds. Usual suspects Barcelona, Man City, PSG, Liverpool, and Real Madrid are also in the mix. 


🏆 Champions League odds 2026

Odds via FanDuel, one of the best sports betting apps

Team Odds Implied probability Profit ($10 bet)
Arsenal +240 29.41% $24
Bayern Munich +550 15.38% $55
Barcelona +650 13.33% $65
Man City +800 11.11% $80
PSG +1000 9.09% $100
Liverpool  +1000 9.09% $100
Real Madrid  +1200 7.69% $120
Atletico Madrid +1600 5.88% $160
Chelsea +2500 3.85% $250
Newcastle +2500 3.85% $250
Tottenham +2500 3.85% $250
Sporting CP +4500 2.17% $450
Bodo/Glimt +4500 2.17% $450
Bayer Leverkusen +7000 1.41% $700
Atalanta +8000 1.23% $800
Galatasaray +12500 0.79% $1250

Round of 16 schedule

The first leg of the Round of 16 will be held on March 10 and March 11, with the second legs set for March 17 and March 18. The matchups are as follows:

  • Paris Saint-Germain vs. Chelsea
  • Galatasaray vs. Liverpool
  • Real Madrid vs. Manchester City
  • Atalanta vs. Bayern Munich
  • Newcastle United vs. Barcelona
  • Atletico Madrid vs. Tottenham Hotspur
  • Bodø/Glimt vs. Sporting CP
  • Bayer Leverkusen vs. Arsenal

📈 Champions League betting history

Team Year Odds prior to Round of 16
PSG 2025 +1200
Real Madrid 2024 +550
Manchester City 2023 +185
Real Madrid 2022 +1600
Chelsea 2021 +1800
Bayern Munich 2020 +650
Liverpool 2019 +900
Real Madrid 2018 +850
Real Madrid 2017 +490
Real Madrid 2016 +550

❓ Champions League FAQs

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

Arsenal is the Champions League odds favorite while getting +240 odds at FanDuel, implying a winning probability of 29.41%, via our odds calculator.

Who won the Champions League last year?

PSG won the Champions League title last year for the first time. They opened at +2000. 

When will the 2026 Champions League be decided?

The 2026 Champions League Final will be played on Saturday, May 30, 2026.

Where will the 2026 Champions League final be played?

The Champions League Final will be played Puskas Arena in Budapest, Hungary.

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