Outright Odds

Champions League 2022-23 Odds: Who’s the bookmaker’s favourite after the play-offs are confirmed?

By Dean Smith

2022/23 Champions League second round draw

Published: 18:30, 13 August 2022

It’s the most coveted title in European club football, but who will take home the 2022/23 Champions League trophy?

The 2022/23 domestic campaigns have only just got underway but the Champions League has been going for a while, making its way through the qualifying rounds. But now there is just one more round to come before we hit the group stage.

With 26 teams having already secured their spots in the group stage, including holders Real Madrid and Europa League winners Eintracht Frankfurt, there are just six spaces up for grabs. As always, qualifying for the Champions League group stage is split into two routes, the Champions and League Paths, with the former bringing four teams into the groups and the latter a further two.

Still fighting for their Champions League spot are the likes of Benfica, PSV and Rangers, as well as last season’s Europa Conference League stars Bodo/Glimt. But who will make it into the group stage?

2022/23 Champions League play-off draw

  • Qarabag vs Viktoria Plzen
  • Bodo/Glimt vs Dinamo Zagreb
  • Maccabi Haifa vs Red Star Belgrade
  • FC Copenhagen vs Trabzonspor
  • Dynamo Kyiv vs Benfica
  • Rangers vs PSV Eindhoven

The first legs will be played on August 16-17, while the return fixtures are scheduled for August 23-24.

2022/23 Champions League confirmed teams so far

  • Real Madrid
  • Eintracht Frankfurt
  • Manchester City
  • AC Milan
  • Bayern Munich
  • PSG
  • Porto
  • Ajax
  • Liverpool
  • Chelsea
  • Barcelona
  • Juventus
  • Atletico Madrid
  • Sevilla
  • RB Leipzig
  • Tottenham
  • Borussia Dortmund
  • Red Bull Salzburg
  • Shakhtar Donetsk
  • Inter Milan
  • Napoli
  • Sporting CP
  • Bayer Leverkusen
  • Marseille
  • Club Brugge
  • Celtic

Champions League winner odds

Club Paddy Power William Hill Sky Bet
Manchester City 11/4 5/2 11/4
Liverpool 5/1 9/2 9/2
PSG 6/1 6/1 11/2
Bayern Munich 7/1 6/1 7/1
Real Madrid 12/1 8/1 12/1
Chelsea 12/1 12/1 14/1
Barcelona 12/1 14/1 14/1
Tottenham 16/1 20/1 20/1
You have to be 18+ to gamble. All odds within this article are accurate at the time of writing (18:30, 13/08/2022). BeGambleAware.

Who are the Champions League favourites for 2022/23?

Man City (11/4 with Paddy Power)

For all their recent domestic successes Manchester City are yet to break through in the Champions League with a runners-up medal in 2019 being their most notable accomplishment. Pep Guardiola, a two-time winner, is surely determined to make amends following those chaotic scenes at the Santiago Bernabéu Stadium when Real Madrid snatched an improbable victory from the jaws of defeat. Victory would have booked another all-Premier League final in Paris but Liverpool were left to face the record champions who claimed their 14th title.

Jurgen Klopp following the game told supporters to book their hotel in Istanbul, the location of the 2023 final, and the Reds are behind City when it comes to favourites. Klopp suffered a third final loss, more than any manager in history, that first setback came at the hands of Bayern Munich who are looking to reestablish themselves at the top table. It should be where PSG are dining considering they possess Europe’s most feared attack on paper, but the Parisians — like City — are yet to grab world football’s most demanding club competition by the scruff of the neck.

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Real Madrid (12/1 with Paddy Power)

Liverpool were eliminated by Real Madrid in the 2021/22 knockout phase and Carlo Ancelotti’s side, who had to do it the hard way to win the biggest prize, sit outside the heavy favourites. Joining them are previous European winners Chelsea and Barcelona both of whom are in rebuilding phase. Juventus, meanwhile, are desperate to end a 27-year wait since that most recent triumph; it’s been five tournament final appearances in which they’ve lost each time to Borussia Dortmund, Real twice, Milan and Barcelona.


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