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  • Track the odds movement for every major football club in the 2023/24 UEFA Champions League
  • Manchester City are clear favorites to defend their UCL title, ahead of Bayern Munich and Real Madrid
  • View teams individually or compared to others trending in the same direction

This year marks the 69th season of Europe’s premier club football tournament and we’re tracking the movement of every single team, including some very intriguing longshots. The graphs below are generated by calculating the average odds from several of the most trusted sportsbooks. The final is set for 3:00 pm EST on Saturday, June 1, 2024, at Wembley Stadium in London, England.

Current 2024 UEFA Champions League Odds & Favorites

2024 UEFA Champions League Winner Odds

Team Odds
Real Madrid -165
Borussia Dortmund +425

Odds as of May 24th at Caesars Sportsbook.

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Here are some notes of major line movements throughout the competition:

  • [May 8] We have our Champions League finalists! Real Madrid (-169) unsurprisingly open as favorites to capture their fifteenth title, as they’ve remained one of the top teams throughout the competition. Los Blancos will be facing Borussia Dortmund (+400), a club who have boasted the longest odds in the competition since quarter-finals. But Die Borussen continued to fight and now find themselves in their first UCL final since 2013.
  • [Apr 18] We now have our final four Champions League clubs after a wild quarterfinals where three of the top favorites were knocked out. Emerging from the madness is ’22 champion Real Madrid (+140), who’s matched against Bayern Munich (+250) in one semifinal, while Paris Saint-Germain (+250) is paired against Borussia Dortmund (+850) in the other.
  • [Mar 16] The quarterfinals are set! And strangely, the top four teams getting the best odds have all been drawn against one another. Reigning champs Manchester City (+175) remain as favorites, but have been drawn against ’22 winners Real Madrid (+650), while current EPL leaders Arsenal (+500) match up against perennial German power Bayern Munich (+700).
  • [Dec 18] There was some minor odds movement following the Round of 16 draw Monday morning. Barcelona (+1650) and Atletico Madrid (+2600) saw their title odds worsen after being paired with Napoli and Inter Milan, respectively. The only club who saw their odds shorten a significant amount was Borussia Dortmund,  going from +3450 to +2825 after being drawn against PSV Eindhoven.
  • [Oct 16] The top three favorites of Man City, Bayern Munich and Real Madrid are all 2-0-0 in the Group Stage and have all seen their UCL odds shorten after two games. Lens pulled a shock upset over Arsenal and currently top Group B and have odds of +15000
  • [Aug 31] Since early July to the end of August, Arsenal have shortened from +1400 to +100 after today’s Group Stage Draw set them up with what should be a simple path to the knockout rounds against Sevilla, PSV and Lens
  • [July 5] Manchester City are clear favorites to win another UCL title with odds of +200, ahead of Bayern Munich at +700


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The 2023 final was won by Manchester City in a close 1-0 win over Italia side Inter Milan. Rodri got the game’s only goal in the 68′ minute despite Inter putting more shots on target in the match, 6-4 over City.

It was the second time time in three years City reached the final, last losing to Chelsea 1-0 in the 2021 final.


Past UEFA Champions League Winners

Year Team
2022-23 Manchester City
2021-22 Real Madrid
2020-21 Chelsea
2019-20 Bayern Munich
2018-19 Liverpool
2017-18 Real Madrid
2016-17 Real Madrid
2015-16 Real Madrid
2014-15 Barcelona
2013-14 Real Madrid
2012-13 Bayern Munich
2011-12 Chelsea
2010-11 Barcelona
2009-10 Internazionale
2008-09 Barcelona

Teams with the Most UEFA Champions League Titles

Manchester City won their first Champions League title in the 2022/23. While it was City’s first win, it was the third time an EPL team has won in the past five seasons.

After winning their fourth title in seven season in 2022, Real Madrid lead the way in the all-time UCL titles with 14. The next closest team is AC Milan as a distant second with seven wins.

Next up is a two-way tie with Bayern Munich and Liverpool with six each.

Who Is Favored to Win the Champions League?

Manchester City of the English Premier League are the current UCL favorites.

When Is the Champions League Final?

The Champions League Final will be held on June 1, 2024, at Wembley Stadium in London, England.

Archived Champions League Odds: 2022/23, 2021/22, 2020/212019/202018/19

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With a background in content marketing, literature, and design, Ian has been bringing a little bit of everything to SBD since 2021. In addition to having penned articles for Eighty-Six Forever, Ian can and will talk your ear off over almost any sport you can think of.