- Real Madrid are the best-backed team to win the 2026/27 Champions League with bet365
- PSG head the outright betting market at 5/1 following last night's group stage draw, with Arsenal, Barcelona and Bayern Munich all next at 6/1.
- Arsenal, last season's losing finalists, sit fifth in the outright market at 6/1 but rank only fifth in bets taken at 8.45%
Real Madrid Emerge As The Popular Pick
Last night's Champions League group stage draw has given punters their first proper look at how this season's competition will take shape, and early business with bet365 shows Real Madrid as the team catching the most attention among betting sites' customers.
The 15-time champions have taken 26.57% of pre-draw bets, comfortably the largest share of any side in the competition.
bet365's Steve Freeth said: "Arsenal, Manchester City, Liverpool, and Manchester United occupy four of the top eight spots in the betting market. However, our customers are favouring the competition's record winners, Real Madrid, back-to-back winners PSG, alongside European heavyweights Barcelona and Bayern Munich. Arsenal, last season's losing finalists, currently sit fifth with 8.5% of pre-draw business, while the remaining Premier League sides are attracting less than 2%."
The Best-Backed Teams
Five clubs stand out from the rest when it comes to where the money has actually gone so far, led comfortably by Real Madrid.
| Team | Bets Taken on bet365 |
|---|---|
| Real Madrid | 26.57% |
| Paris Saint-Germain | 21.85% |
| Barcelona | 19.75% |
| Bayern Munich | 13.58% |
| Arsenal | 8.45% |
Bayern Munich complete the group of four European heavyweights taking the bulk of early interest, leaving Arsenal as the only Premier League club to break into the top five despite the Gunners' odds-market standing.
Outright Odds: PSG Head The Market
Reigning champions PSG top the market to win the Champions League for the third year in a row.
| UEFA Champions League Winner 26/27 | Odds | Implied Probability |
|---|---|---|
| PSG | 5/1 | 16.7% |
| Arsenal | 6/1 | 14.3% |
| Barcelona | 6/1 | 14.3% |
| Bayern Munich | 6/1 | 14.3% |
| Real Madrid | 13/2 | 13.3% |
| Man City | 9/1 | 10.0% |
| Liverpool | 12/1 | 7.7% |
| Man United | 20/1 | 4.8% |
| Inter Milan | 28/1 | 3.4% |
PSG's implied probability of 16.7% puts them narrowly ahead of a closely bunched group of three sides all priced at 6/1, each carrying an implied probability of 14.3%.
Liverpool and Manchester United make up the rest of the market's more fancied names, with Inter Milan currently the longest price of the sides listed here at 28/1.
What the expert says...
How The Group Stage Fixtures Look
European champions PSG will face Premier League duo Manchester City and Aston Villa, as well as five-time winners Barcelona, in the league phase of this season's competition.
Enzo Maresca's City side will welcome PSG to the Etihad Stadium and travel to Barcelona, where they'll have a reunion with Spanish World Cup winner Rodri.
Premier League champions Arsenal, meanwhile, will host 15-time winners Real Madrid at the Emirates and have also been handed a trip to Bayern Munich, a draw that immediately looks among the toughest handed to any of the four English clubs involved.
Europa League winners Aston Villa, returning to the competition after a season away, will host PSG and Dortmund while travelling to Barcelona and Galatasaray, with Unai Emery's side also facing Club Brugge, Fenerbahce, Viking and Slavia Prague.
Where To Bet On The Champions League
For those looking to get involved in the outright market, bet365 is offering prices on every team in the competition, and you can find out more via the bet365 review on OLBG.
With the group stage fixtures now confirmed and business already building behind Real Madrid, PSG, Barcelona and Bayern Munich, it's worth comparing prices across a range of betting sites before deciding where to get involved.
Checking out some of the best football betting sites is a sensible starting point for anyone newer to outright markets like this one.




