Man City Hold Steady as Favorites Ahead of Matchday 5
The 2022-23 UEFA Champions League Final ended with English giants Manchester City hoisting the trophy, and we look at whether Pep Guardiola's men can repeat with our best Champions League odds for the 2023-24 campaign.
Manchester City capped off another trophy-filled season with their first Champions League title in club history. As expected, they remain the favorites at our best sports betting apps to win this year's tournament following a perfect start through Matchday 4.
Will City go back-to-back after falling just short for so many years, or will a juggernaut from Germany or Spain get redemption in 2024?
Here are our top Champions League Final from our best sports betting sites.
Champions League odds 2023-24
(Champions League odds as of Nov. 24)
Champions League odds analysis
The fifth week of Champions League play is nearly upon us. Some contenders' odds have shortened in recent weeks, as Dortmund have moved into the top 10. Meanwhile, Barcelona's odds lengthened across our best sports betting sites with their loss on Matchday 4.
Our sites with the best sportsbook promos offer Champions League odds, with the best prices relatively evenly distributed. FanDuel provides the best price on five contenders, so those looking to fade the consensus favorite will want to use our FanDuel promo code.
One of the most fascinating developments while tracking Champions League odds this season has been noticing that most (if not all) sportsbooks don't regularly update the odds for this tournament based on results in domestic leagues. It's important to keep track of things like that to understand when the best prices will be available.
Champions League odds movement
There was some considerable movement following Matchday 4. A draw with Union Berlin was enough to drop Napoli from our top 10, while Dortmund handed English side Newcastle a loss and shot up the oddsboard as a result.
Manchester United continue to put forth embarrassing efforts in Europe, and their odds reflect that. United have taken just one point from four group-stage games, falling to Danish club Copenhagen on Matchday 4.
Champions League odds 2023-24: Favorite
Manchester City (+200 via bet365)
Manchester City remain the absolute cream of the crop in Europe. They Young Boys 3-1 and 3-0 over their two meetings on Matchday 3 and 4, respectively, to qualify for the tournament's knockout phase.
Our best sportsbooks all offer the reigning champions at +200.
Champions League odds 2023-24: Contender
Bayern bounced back from a shaky first couple of games to beat Galatasaray 3-1 and 2-1 over their two meetings. The victories secured the Bundesliga giant's presence in the knockout phase.
Thomas Tuchel has previously found success on this stage as a manager, leading Chelsea to victory in 2020-21.
Champions League odds 2023-24: Long shot
Inter Milan's odds lengthened through Matchdays 3 and 4, but perhaps primarily based on the play of the giants ahead of them rather than their own results. The Serie A side punched its ticket to the knockout phase with 2-1 and 1-0 home and away victories over Red Bull Salzburg.
Inter are in fine form in domestic play, with just one loss and one draw through 12 fixtures. The Italian side sits atop its domestic table and has won four straight outings.
Champions League odds 2023-24: Fade
PSG beat Milan to move top of Group F after Matchday 3, then they promptly lost the away leg against Milan to slip into second.
The club still lacks star power outside of Kylian Mbappe, and combine that with the fact that PSG are known choke-artists, and I feel safe fading the French powerhouse until further notice.
Recent Champions League winners
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Soccer betting odds pages
Champions League FAQs
Who won the Champions League last year?
Manchester City won their first-ever Champions League title in 2023 after opening with odds of +300 and closing as roughly -600 favorites the day before the Final against Inter Milan.
When will the 2024 Champions League be decided?
The 2023-24 Champions League Final will be played on June 1, 2024.
Where will the 2024 Champions League final be played?
The Champions League Final will return to England's Wembley Stadium for the first time since 2013. This will be the third time the Final is played at the rebuilt Wembley, with the original stadium hosting the event five times.
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