Carabao Cup winner odds for 2026/27 make Arsenal the 7/2 favourites, ahead of Chelsea and holders Man City.
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 | 7/2 |
| Chelsea | 5/1 |
| Manchester City | 11/2 |
| Liverpool | 7/1 |
| Manchester United | 8/1 |
| Tottenham | 10/1 |
| Newcastle | 16/1 |
| Aston Villa | 18/1 |
| Everton | 20/1 |
| Brentford | 25/1 |
Arsenal head the market at 7/2. Chelsea have been backed into 5/1, with holders Man City next at 11/2 and Liverpool 7/1. Manchester United are 8/1, ahead of Tottenham at 10/1.
The competition kicked off with round one in August, and Premier League clubs without European football are already involved. Premier League clubs playing in Europe enter at the third-round stage, and the final is at Wembley in spring 2027.
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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 7/2 favourites, ahead of Chelsea at 5/1 and holders Man City at 11/2.
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