⚽ Champions League Odds & Favorites 2026: Bayern Munich Leads Away Ahead of Semifinals
The semifinals are set, with the final foul teams left vying for European supremacy. Domestic troubles mounting, a new team has taken the top spot according to the Champions League odds.
Despite being favorites for most of the season, Arsenal's stumbles in England have seen Bundesliga champions Bayern Munich supplant them. Perhaps fortunately for the Gunners, their semifinal opponent, Atletico Madrid, have the longest odds of anyone to win it all. A clash between PSG and Bayern Munich will determine the other finalist.
🏆 Champions League odds 2026
Odds via FanDuel, one of the best sports betting apps.
| Team | Odds | Notes |
|---|---|---|
| Bayern Munich | +165 | Dispatched Real Madrid 6-4 on aggregate in the quarterfinals |
| Arsenal | +190 | Still unbeaten; topped Sporting CP 1-0 on aggregate in the QF |
| PSG | +240 | Title holders beat Liverpool 4-0 on aggregate to reach semis |
| Atletico Madrid | +750 | Held on to beat Barcelona 3-2 in the QF |
🗓️ Semifinals schedule
The first and second leg of the semifinals will be held on April 28, 29 and May 5, 6
- PSG vs. Bayern Munich (April 28, May 6)
- Atletico Madrid vs. Arsenal (April 29, May 5)
📈 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?
Bayern Munich is the favorite with +165 odds at FanDuel, implying a winning probability of 37.74%, 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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