Jake is a Football and Entertainment betting expert, with a Man City season ticket and a deep knowledge of reality TV betting angles
- Manchester City are now just 6/4 to win the Champions League this season after Round of 16 first leg win
- Bayern Munich now drift out to 8/1 after they lose 1-0 to Lazio on Wednesday
- Final set to take place at Wembley later this year
Manchester City are now just 6/4 to win the Champions League this season after Round of 16 first leg win
The first batch of UEFA Champions League Round of 16 games were played this midweek and UK Betting Sites have now updated the betting market on who will win the competition after those fixtures were played.
Manchester City remain the betting favourites to win the Champions League once again this season after finally breaking their hoodoo last campaign by completing the treble with a 1-0 win over Inter Milan.
City faced Copenhagen on Tuesday night away in Denmark and ran out 3-1 winners to give them a decent lead on aggregate going into next month's second leg games.
This result saw bookmakers now make them 6/4 to win the Champions League this season with Bet365's latest betting odds giving them a 40% chance of winning the competition.
| Champions League Winner 23/24 | Odds | Probability |
|---|---|---|
| Manchester City | 6/4 | 40.0% |
| Real Madrid | 9/2 | 18.2% |
| Arsenal | 11/2 | 15.4% |
| Bayern Munich | 8/1 | 11.1% |
| PSG | 10/1 | 9.1% |
Bayern Munich now drift out to 8/1 after they lose 1-0 to Lazio on Wednesday
Bayern Munich have been the biggest movers in the betting market to win the Champions League with their odds now moving out from 4/1 to 8/1 to win the competition this season.
Thomas Tuchel's side were defeated 1-0 away to Lazio on Wednesday night after a poor performance and the German giants have a big task on their hands to overturn that in the second leg.
Bayern's chances of winning the Champions League now sit at just 11% judging by the odds and Harry Kane and co. will be hoping for a much better performance in the next game to go through to the Quarters.
Champions League Betting Guide (Odds, How to, Contenders, History)
Final set to take place at Wembley later this year
This year's Champions League final will take place at Wembley Stadium in London on Saturday 1 June with the match set to be played at the iconic stadium for a record eighth time.
The European Cup Final has been played at the ground on seven occasions with this season's set to be the third in the current Champions League format.
Calendar dates for the rest of the Champions League this season are:
Round of 16: 20/21 February and 5/6/12/13 March 2024
Quarter-finals: 9/10 and 16/17 April 2024
Semi-finals: 30 April/1 May and 7/8 May 2024
Final: 1 June 2024
