Champions League 2021-22 Winner Betting Odds

Champions League Outright Betting Odds*

*Odds correct as of October 12, 2021

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For the second time in three years, last season’s Champions League final was an all-English affair and the bookies are anticipating a strong challenge from the four Premier League teams this time around.

Manchester City are the Premier League champions and they're trading as the joint-outright betting favourites on this market, with Pep Guardiola’s side having lost in the final to Chelsea last season and the manager will hope that new signing Jack Grealish can add a new dimension when it comes to competing for this hallowed piece of silverware.

Guardiola made an announcement on the same day the Champions League group stage was drawn that this will be his penultimate attempt at making City champions of Europe before he steps down as manager at the end of the 2022/23 season. City, who were on course for a quadruple last season, will hope to win more than the two trophies they landed last season.

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Big-spending Paris Saint-Germain are heading the betting market and the capture of Lionel Messi this summer has been particularly eye-catching. The Argentine recently made the switch from Barcelona and the bookies have been slashing their odds about a French side who also boast Gianluigi Donarumma between the sticks and Sergio Ramos in defence.

Last season’s winner Chelsea have to be considered to retain their Champions League crown, while Bayern Munich start a new era under Julian Nagelsmann and the 2020 champions can’t be easily discounted considering that they were dominant in Europe two seasons ago and continue to have Robert Lewandowski banging in the goals.

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Paris Saint-Germain Favourites to Win First UCL

Paris Saint-Germain have been knocking on the door when it has come to the past few Champions League competitions, with PSG reaching the final two seasons ago when narrowly losing to Bayern Munich, while they reached the semi-finals of the competition last term before being overturned by Manchester City.

Mauricio Pochettino will now hope to go deep once again and Lionel Messi could be the missing ingredient for the Ligue 1 side, although there have been other new captures this summer and that includes Euro 2020 winning keeper Gianluigi Donnarumma, with the stopper potentially the best in Europe.

Sergio Ramos adds steel to a defence that already boasts Marquinhos, while Gini Wijnaldum is a capable midfielder and it's clear that Neymar was massively in approval of the club's capture of Messi. Drawn in Group A along with Manchester City, RB Leipzig and Club Brugge, the Paris side should advance to the knockout stage.

Punters Might Lose Patience With Manchester City

While Manchester City have dominated the Premier League winning three of the last four titles, they cannot get the job done in Europe with Pep Guardiola and the task of trying to win the Champions League doesn't get an easier when you have Paris Saint-Germain, Bayern Munich and Chelsea potentially lying in wait. The Citizens were thwarted in their bid to land Harry Kane and could be a striker short of success this season.

Guardiola was able to improve the squad when capturing Jack Grealish for the princely sum of £100 million, with City having the potential to go deep, especially if Kevin De Bruyne stays fit for the season.

However, the stats suggest that City are more likely to miss out than win and perhaps they're not the English team who stand the best chance. Last season's beaten finalists will have to overcome stiff competition from PSG and RB Leipzig to reach the Round of 16.

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Bayern Munich Aiming to Regain Champions League Crown

Bayern Munich were clearly the best team in Europe under Hansi Flick two seasons ago, with the German side then reaching the quarter final stage under the same manager last term and they battered Paris Saint-Germain at times in the last eight clash before getting exploited on the counter-attack.

Now, it is the turn of Julian Nagelsmann to try and steer Bayern to the latter stages of the competition and hopefully another success, with the bookies making the Bavarian side third favourites to claim a victory, with the squad remaining largely the same as the previous two campaigns.

The champions from two seasons ago have not been handed a difficult group to negotiate with Barcelona, Benfica and Dynamo Kiev all standing in their way. With two teams qualifying, their passage to the next stage should be straightforward, especially after a 3-0 win at the Nou Camp.

Holders Chelsea Could Be Value Champions League Bet

Thomas Tuchel made an immediate impact when landing the 2020-21 Champions League title last season, with the German guiding Chelsea to the final where they beat Manchester City in an all-English final. Now they are fourth favourites to repeat the trick this time around and they have a big Belgian striker operating for them this time around.

Tuchel started his tenure at Stamford Bridge by winning the Champions League, beating Manchester City 1-0 in Porto. Blues owner Roman Abramovich will demand more trophies in his first full season in charge of a squad strengthened considerly in the summer.

Romelu Lukaku held the aces when helping Internazionale win Serie A last season and the striker looks to be arguably the best forward in the world right now, with Mason Mount, Kai Havertz and N'Golo Kante all looking to help the Blues to claim Europe's biggest prize again. The holders will fancy their chances of finishing in the top two in Group H with Juventus the biggest challenge in that group with Zenit St Petersburg and Malmo completing the group.

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Liverpool, Man United, Real Madrid and Barca Next in Betting

Jurgen Klopp helped Liverpool win the UEFA Champions League three seasons ago and the German will be hoping that the Reds can push a lot deeper in Europe this term having lost to Real Madrid last time around and injuries certainly played a part in that exit.

Diogo Jota adds a valuable attacking option and Virgil van Dijk is a brilliant central defender back from injury and he will have to be at his best if they are to progress from arguably the toughest group of the eight. The Reds will be reunited with their former striker Luis Suarez at Atletico while Porto and Milan will be anything but easy. Whoever finishes top of this group will have earned it.

Manchester United might be splashing the cash when landing Cristiano Ronaldo, Raphael Varane and Jadon Sancho, although the jury is still out on whether the Red Devils can challenge for this competition considering that they actually failed to get out of the group stage last term. United have been handed a relatively straightforward group with Atalanta, Young Boys and Villarreal who beat Ole Gunnar Solakjaer's side in last season Europa League final.

Real Madrid didn't manage to capture Kylian Mbappe in the summer although Los Merengues reached the semi-finals of the Champions League last season, with Zinedine Zidane having regularly proved successful with this team in Europe and it wouldn't be a big surprise if Bale and Hazard steer them to success. Real are up against Inter, Shakhtar Donetsk and Sheriff Tiraspol in Group D.

Barcelona might be missing Lionel Messi, but Ronald Koeman still has a talented squad at his disposal and it might be that Sergio Busquets can charge the team forward, with Memphis Depay and Antoine Griezmann among the brilliant forwards. Barca have been drawn against Benfica, Dynamo Kiev and Bayern Munich who embarrassed Barcelona 8-2 in the quarter-finals two years ago and won 3-0 in the repeat fixture last term.