Carabao Cup Winner Odds
ExpandCarabao Cup Betting
The EFL Cup, currently known as the Carabao Cup (sponsorship), is a domestic cup tournament in England. All 92 clubs from the English football league system compete in the League Cup, from the Premier League down to League Two.
However, the cup is not always treated with the same respect as the FA Cup, with many teams fielding squad players until the late stages of the tournament.
But, this can be great for punters with many shocks on the cards with "bigger" teams fielding weaker squads than usual.
On BettingLounge.co.uk, you will find the latest betting odds for every League Cup match. Our betting odds update in real-time, allowing you to compare the best odds from top UK betting sites.
League Cup Outright Betting Markets
Most tournaments and competitions have several outright betting markets to choose from, including the overall winner, top goalscorer, to reach the final and more.
But the League Cup only has outright winner markets on pretty much all bookmakers. We have yet to see any other outright markets available, including the top goalscorer.
League Cup Winner Betting Odds 2025/26
Compare the latest EFL Cup winner betting odds from 20+ UK bookmakers below.
BetMGM 
Virgin Bet 
LiveScore Bet 
Betfred 
Coral 
Ladbrokes 
Bet365 
William Hill 
QuinnBet 
StarSports 
PricedUp 
DragonBet 
NRG Bet 
BetVictor 
Parimatch 
talkSPORT BET 
10bet 
Betway 
The Favourites to Win the League Cup
- Man City with odds 2/1 on BetMGM
- Arsenal with odds 5/2 on Coral
- Chelsea with odds 4/1 on BetVictor
- Newcastle with odds 5/1 on Betway
- Crystal Palace with odds 20/1 on Betway
Probability to be the Winner of the Carabao Cup
With the outright odds, we can easily calculate the probability for the remaining teams in the Carabao Cup, according to the bookmakers.
| Team | Odds | Probability |
|---|---|---|
| Man City | 2/1 | 33.33% |
| Arsenal | 5/2 | 28.57% |
| Chelsea | 4/1 | 20.00% |
| Newcastle | 5/1 | 16.67% |
| Crystal Palace | 20/1 | 4.76% |
Who is the Favourite to Win the League Cup?
As of 19 December 2025, according to the odds, the favourite to win the League Cup is Man City, best priced at 2/1 with BetMGM.
The odds mean that the probability for Man City to win is 33.33%.
List of League Cup Winners
Below is a list of the last 10 League Cup winners. We have only included the past ten seasons to make it relevant enough to users betting on it this season.
Only five teams have won the League Cup in the last ten years, with Man City winning five of those. Man United and Liverpool have won twice, whilst Chelsea and Newcastle have won once in that time.
But shocks are not uncommon in the EFL Cup, with unlikely winners Swansea City in 2013 and Birmingham City in 2011.
| Season | League Cup Winner |
|---|---|
| 2024-25 | Newcastle United |
| 2023-24 | Liverpool |
| 2022-23 | Manchester United |
| 2021-22 | Liverpool |
| 2020-21 | Manchester City |
| 2019-20 | Manchester City |
| 2018-19 | Manchester City |
| 2017-18 | Manchester City |
| 2016-17 | Manchester United |
| 2015-16 | Manchester City |
| 2014-15 | Chelsea |