With the outright odds, we can easily calculate the probability that a team will win the Champions League, according to the bookmakers.
Team | Odds | Probability |
---|---|---|
Real Madrid | 6/4 | 40.00% |
Bayern Munich | 11/4 | 26.67% |
PSG | 11/4 | 26.67% |
Borussia Dortmund | 9/1 | 10.00% |
As of 27 April 2024, according to the odds, the favourite to win the Champions League 23/24 is Real Madrid, best priced at 6/4 with BetVictor.
The odds mean that the probability for Real Madrid to win is 40.00%.
The Champions League remains one of the most prestigious tournaments in the football world, frequently used as a yardstick to determine how big a club is. Powerhouses such as Arsenal and Paris Saint-Germain are yet to lift the trophy, while Man City succeeded for the first time in 2022/23 after many years of desperately trying.
In other words, despite the recent talks of a new 'Super League' for top European clubs, the Champions League remains the undisputed frontrunner when it comes to prestige and honour. Not to mention that the winner gets a huge chunk of money for taking it all home, which cannot be said for its little brother the Europa League.
Since all the participating teams - and especially the players - know the meaning of the trophy, it makes for an exciting knockout stage and there are bound to be some surprises this year as well.
Steven is an experienced iGaming content writer who has been working in the industry since 2018. He is passionate about sports betting and enjoys writing about all aspects of the industry, including bookmaker reviews, betting tips and strategies, and news and analysis. If you have any questions about online gambling in the UK, please don't hesitate to contact him.