2025/26 Champions League favourites and odds

Ladbrokes looks at the latest Champions League 2025/26 odds, with Arsenal the new front-runners for continental glory.

Arsenal were already the favourites to win the Premier League come the end of the season, such has been their impressive start to the campaign, and they now lead the odds in the Champions League after previous favourites Paris Saint-Germain's 2-1 defeat to Bayern Munich.

The holders were well beaten at home by the Bundesliga club, causing the Gunners - who have won all four of their games so far without conceding a goal - to leapfrog them as favourites to lift the trophy. Bayern have also moved into second spot in the odds, with PSG now third.

Ladbrokes previously fancied PSG as the favourites for a successive Champions League title but their defeat by Bayern has caused a huge shift in the odds.

The French champions are now third favourites to be crowned kings of Europe again, with Arsenal now fancied for their first ever Champions League triumph. Mikel Arteta's men have a perfect record in the competition so far this season and have not conceded a single goal as they sit second in the standings, behind only Bayern.

Arsenal rarely concede goals these days, and their miserly defence could well be the foundation that takes them all the way to Champions League glory. We certainly don’t see any side as likelier to win it all.

PSG's first Champions League defeat of the season has seen them tumble in the odds to third, with Bayern - who have extraordinarily won all but one of their games in all competitions this season - rising to second-favourites.

Fifteen-time-winners Real Madrid aren't in the top six when it comes to the Champions League betting odds, following a defeat to Liverpool at Anfield.

Real are now behind the Reds, rivals Barcelona and Manchester City, according to the bookies, with Chelsea the only other club with odds of 20/1 or below.

We're not even halfway through the Champions League league phase, so expect the winner odds to potentially change over the next five gameweeks quite drastically.

Ladbrokes will have a Champions League accumulator published for each gameweek, with odds, tips and predictions.

View the latest football odds.

All odds and markets are correct as of the date of publication.