Carabao Cup winner odds for 2026/27 make Arsenal the 4/1 favourites, ahead of holders Man City and Liverpool.
The 2025/26 Carabao Cup final took place on 22nd March, with Man City beating Arsenal 2-0 in the Wembley showpiece.
The Gunners went into the final as favourites but it was a second-half masterclass from Pep Guardiola’s side. They struck twice through Nico O’Reilly to secure the trophy.
Read on below to find the outright odds for the 2026/27 edition of the Carabao Cup. Wembley is on the horizon for every team competing.
Carabao Cup winner odds 2026/27
| Team | Odds (bet365) |
|---|---|
| Arsenal | 4/1 |
| Manchester City | 6/1 |
| Liverpool | 7/1 |
| Manchester United | 8/1 |
| Chelsea | 8/1 |
| Tottenham | 11/1 |
| Aston Villa | 16/1 |
| Newcastle | 20/1 |
| Everton | 25/1 |
| Brighton | 33/1 |
Arsenal head the market at 4/1. Holders Man City are next at 6/1, with Liverpool at 7/1. Chelsea and Manchester United are both 8/1, ahead of Tottenham at 11/1.
The competition kicks off with round one in August. Premier League clubs playing in Europe enter at the third-round stage, and the final is at Wembley in spring 2027.
You have to be 18+ to gamble. UK only. All odds within this article are accurate at the time of writing. GambleAware.
Carabao Cup winner odds FAQ
Man City beat Arsenal 2-0 in the 2025/26 final at Wembley, with Nico O’Reilly scoring twice.
Arsenal are the 4/1 favourites, ahead of holders Man City at 6/1 and Liverpool at 7/1.
Most enter at round two. Clubs playing in Europe join at the third-round stage.
Read more: Carabao Cup predictions and tips | Premier League winner odds | FA Cup winner odds