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- Manchester City are 8/5 favourites to win the Carabao Cup ahead of their semi-final first leg vs Newcastle.
- Chelsea vs Arsenal headlines the second semi-final, with the Gunners slight favourites at 7/4 to win the trophy.
- Newcastle are the reigning champions but are 13/2 outsiders in this yearās outright market.
Man City Lead Market Ahead of Clash with Newcastle
The Carabao Cup semi-finals get underway this week as four teams battle for a spot at Wembley and the chance to lift the first major silverware of the 2025/26 English football season.
Defending champions Newcastle United host Manchester City at St James' Park in the first leg of their semi-final on Tuesday night, while Wednesday serves up a massive London derby as Chelsea welcome Arsenal to Stamford Bridge.
With Manchester City currently leading the outright betting, all eyes will be on how they handle a hostile away leg in the North East.
Carabao Cup Winner Odds 2025/26
| Carabao Cup Winner Odds | Odds | Implied Probability |
|---|---|---|
| Manchester City | 8/5 | 38.5% |
| Arsenal | 7/4 | 36.4% |
| Chelsea | 4/1 | 20.0% |
| Newcastle United | 13/2 | 13.3% |
Pep Guardiolaās side are once again strongly favoured to lift the League Cup, a competition theyāve dominated in recent years.
But Arsenal arenāt far behind in the betting as Mikel Arteta targets his first Carabao Cup win as Gunners boss.
Newcastle vs Manchester City ā Tuesday, Jan 13
Venue: St. Jamesā Park | Kick-off: 20:00 GMT
| Result | Odds |
|---|---|
| Newcastle United | 15/8 |
| Draw | 13/5 |
| Manchester City | 21/20 |
Newcastle enter this tie as 13/2 outsiders in the outright market but could take confidence from hosting the first leg at a sold-out St Jamesā Park.
The Magpies will be eager to establish a lead before heading to the Etihad in three weeksā time.
City remain slight favourites for this match despite being away, with Ladbrokes pricing them at 21/20 to take a first-leg advantage back to Manchester.
Chelsea vs Arsenal ā Wednesday, Jan 14
Venue: Stamford Bridge | Kick-off: 20:00 GMT
| Result | Odds |
|---|---|
| Chelsea | 19/10 |
| Draw | 12/5 |
| Arsenal | 23/20 |
A massive clash in the capital sees Arsenal priced at 23/20 favourites by Ladbrokes to win at Stamford Bridge, while Chelsea are 19/10 underdogs despite home advantage.
This tie is the tighter of the two on paper.
Expect a cagey first leg with both managers likely to play strong lineups.
Where To Bet on the Carabao Cup
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Youāll find Carabao Cup winner odds, match betting, correct score markets, and in-play specials at all leading UK bookmakers.
