The new favorite to win the Champions League is Real Madrid at +140. That’s a major Champions League odds shift after Real Madrid eliminated the defending champion and previous favorite Manchester City in Wednesday’s second-leg quarterfinal match. Man City opened as the top favorite and remained there for the entirety of the season, closing as a +165 favorite to win the league at the start of Wednesday’s match.
With the Champions League semifinals set for Tuesday, April 30, and Wednesday, May 1, top online sportsbooks have released multiple betting odds on both the matches and the eventual Champions League winner. Below, we’ll take a look at the latest Champions League odds and more in the wake of this week’s quarterfinals shakeup.
Current Champions League futures odds
Real Madrid
- To win:
- To reach final:
Real Madrid jumped out to an early lead over Man City in the second leg but still spent most of the rest of the match on the back foot. After giving up an equalizer in the final 15 minutes of regulation, Real Madrid had to win it on penalties, eliminating last year’s winners and punching a ticket to the semifinals. Now the team goes on the road for the first leg against Bayern München on April 30. Real Madrid will be without Dani Carvajal for that match, as he received an automatic one-game ban for his yellow card in Wednesday’s match.
Paris Saint-Germain
- To win:
- To reach final:
PSG overcame a 3-2 loss to Barcelona in the first leg of the quarterfinals to advance with a 4-1 victory on Tuesday. Things looked bleak after Raphina got Barcelona on the board early, but a red card for Ronald Araujo in the 29th minute opened the door for a historic PSG comeback. This marked the first time the team has advanced in a European competition after losing the first leg. PSG has drawn Borussia Dortmund in the semifinals, which instantly boosted the team’s odds to make the finals. The first leg will be May 1 in Dortmund.
Bayern München
- To win:
- To reach final:
Bayern eked out a 1-0 win at home over Arsenal on Wednesday to advance to the semifinals after a draw in the first leg. The team was without its fans for that first-leg match in London due to a one-match UEFA ban, but they’ll be able to return in the second leg of the semifinals on the road against Real Madrid. Bayern will get Alphonso Davies back after he missed the second leg of the quarterfinals. No players are currently on the suspended list for the first leg of the semifinals on April 30.
Borussia Dortmund
- To win:
- To reach final:
At the start of the quarterfinal round, Borussia Dortmund was the biggest underdog to win the Champions League. The situation seemed dire after a 2-1 loss to Atletico Madrid in the first leg, but once again the team proved tough to handle at home. A 4-2 win on Tuesday sent BVB through to the semifinals, where it will face Paris Saint-Germain. Borussia Dortmund has no players on suspension for the first leg at home, where it will be hoping to build a big cushion with continued strong play at Signal Iduna Park.
