Ballon d'Or 2025 Winner Odds: Mbappe and Raphinha now JOINT FAVOURITES for award with market moving once again

Raphinha joins Mbappe at the top of the Ballon d'Or 2025 market as Bet365 odds tighten. Salah drifts further after Liverpool’s Champions League exit. Full odds and insights below.
Ballon d'Or 2025 Winner Odds: Mbappe and Raphinha now JOINT FAVOURITES for award with market moving once again
Jake Ashton
Jake Ashton - Your Betting Odds Guide 👍

I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.

  • Raphinha now joint-favourite with Mbappe at 5/2 following latest odds movement
  • Mo Salah drifts to 5/1 after Liverpool’s Champions League exit dents his Ballon d’Or hopes
  • Market still wide open with Dembele and Lamine Yamal also priced within single-digit odds

Mbappe Joins Raphinha as Joint Favourite for 2025 Ballon d’Or After Odds Shorten

Kylian Mbappe has seen his odds cut to 5/2 for the 2025 Ballon d’Or, now sitting joint-favourite alongside Barcelona’s Raphinha at the top of the market with Bet365.

The Real Madrid forward continues to shine in his debut season at the Bernabéu, with pivotal goals and standout performances helping drive his side into the latter stages of the Champions League. 

Just a few weeks ago, Raphinha had surged ahead as solo favourite in the market, as detailed in our previous update.

Now, the tide appears to be turning with Mbappe’s Ballon d’Or credentials backed heavily across UK betting sites and the latest odds make it neck and neck between the two La Liga stars.

2025 Ballon d'Or Winner
OddsProbability
Raphinha
5/228.6%
Kylian Mbappe
5/228.6%
Mohamed Salah5/116.7%
Vinicius Junior
7/112.5%
Ousmane Dembele9/110.0%
What the expert says...
Kylian Mbappe’s move into joint favouritism for the 2025 Ballon d’Or reflects both his sensational form at Real Madrid and the weight his performances carry in high-stakes games. With Los Blancos pushing deep into the Champions League once again, punters clearly believe this could be the year he finally claims football’s top individual honour.

Jake Ashton - Football Betting Expert - OLBG.com

Mbappe’s Madrid Magic Driving Market Movement

Mbappe’s shift from 4/1 into 5/2 territory comes after a string of decisive moments in both La Liga and the Champions League. 

The 25-year-old’s explosive impact since joining Madrid has only strengthened his narrative as a future Ballon d’Or winner, one that voters may find hard to ignore if he lifts European silverware in June.

After Vinicius Junior missing out on the top prize last year it may well be that 12 months on we finally see another Real Madrid winner of the award.

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Salah Drifts, While Yamal and Dembele Lurk

Meanwhile, Mo Salah has seen his price drift to 5/1 following Liverpool’s Champions League exit, dealing a blow to his campaign. 

The Egyptian’s numbers remain strong, but a lack of European silverware could once again hold him back in the final vote.

Lamine Yamal and Ousmane Dembele round out the top five, with strong club campaigns but needing a defining moment on the biggest stage to truly challenge the top two.

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