⚽ Champions League Odds & Favorites 2026: Arsenal, Bayern Munich on Top Entering Round of 16
Last Updated: March 8, 2026 10:28 PM EDT • 2 minute read X Social Google News Link
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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