The UEFA Champions League is the most prestigious club competition in European football and, indeed, the world. Each year, the best club teams battle for the trophy, and due to the quality of players on show, the tournament often produces classic matches.

The Champions League was founded in 1955, although it was known as the European Cup until it was rebranded in 1992. With the top athletes and the biggest football teams in the world on show, the Champions League has a worldwide following and is broadcast in hundreds of different countries.

And such immense popularity goes hand in hand with online betting. Here at Betsson, we have so many different markets - pre-match, live and outright - for Champions League betting, all with great odds. But before you use our sportsbook to make some brilliant bets, check out this UEFA Champions League guide.

What is the Current Champions League Format?

The Champions League format changed from the start of the 2024-25 season, with 36 participants rather than the previous 32. Under the new format, each team plays eight matches in a league phase, replacing the more traditional group stage.

Teams do not play sides home and away either. Instead, they play fixtures against eight different teams. These matches are decided using an automated draw system, with the 36 teams split into four seeding pots.

The top eight sides in the league phase automatically qualify for the Round of 16, while the teams in 9th to 24th compete in two-legged play-off ties to decide the other eight qualifiers. After the league phase and play-offs, the knockout stage of the competition follows the previous path with the Round of 16, quarter-finals, semi-finals and then the final.

2025/26 Champions League Recap

The 2025/26 UCL campaign concluded dramatically at the Puskás Aréna in Budapest. PSG defended their European crown, defeating Arsenal 4-3 on penalties after a 1-1 draw in normal and extra time.

This campaign marked the second anniversary of UEFA’s new league format inaugurated in 2024/25 with 189 matches and 655 goals. Arsenal dominated the league phase, finishing top and the only team with a perfect record. Champions PSG started slowly, barely making it through the league phase in 11th place before finding their knockout form.

Real Madrid thrashed Manchester City 5-1 on aggregate in round 16, Barcelona dismantled Newcastle 8-3, and PSG beat Chelsea 8-2. The quarter-finals saw Bayern Munich win a 10-goal thriller against Real Madrid and Arsenal narrowly beat Sporting CP. PSG survived a 6-5 heated contest against Bayern Munich in the semis. Arsenal booked their ticket to the final by beating Atlético Madrid 2-1 on aggregate.

Kylian Mbappé clinched the golden boot with 15 goals, Khvicha Kvaratskhelia took home the MVP honours, and Arda Güler was crowned the young player of the season.

2026/27 Champions League Standings

29 clubs secured automatic entry into the league phase through domestic performance, while 7 battled it out in the playoffs. Defending champs PSG and runners-up Arsenal have the best Champions League 2027 favourites odds. Top contenders include Manchester City, FC Barcelona, Real Madrid, Bayern Munich and Inter Milan. Other qualifiers include Manchester United, Aston Villa, Liverpool, Villarreal, Atlético Madrid, Real Betis, Napoli, AS Roma, Como, Borussia Dortmund, RB Leipzig, Stuttgart, RC Lens and Lille OSC.

Champions League Winners

Real Madrid are by far the most successful football club in Champions League history, with 15 successes. AC Milan have won the competition the second-most times with seven, while Bayern Munich and Premier League giants Liverpool are tied on six titles apiece.

Barcelona also boasts five victories, and the other teams to have won multiple Champions Leagues are Ajax, Inter Milan, Manchester United, Juventus, Benfica, Chelsea, Nottingham Forest, FC Porto and PSG.

Borussia Dortmund, Celtic, Hamburger SV, Steaua Bucuresti, Marseille, Manchester City, Feyenoord, Premier League side Aston Villa, PSV Eindhoven and Red Star Belgrade are the other winners, each with one triumph.

The Messi & Ronaldo Era

Cristiano Ronaldo, Lionel Messi and Robert Lewandowski are the only three football players to have scored more than 100 goals in the Champions League, with Ronaldo and Messi dominating the competition in the late 2000s and 2010s.

Ronaldo scored 140 goals in 183 appearances and won the trophy five times with Real Madrid. Messi netted 129 goals in 163 matches for Barcelona and Paris Saint-Germain, the Argentine superstar winning the Champions League four times with the Spanish side.

Champions League Betting Options

Here at Betsson, we have so many different betting markets to choose from when it comes to Champions League betting.

Outright Markets

We offer the latest Champions League final odds on the outright winner market, including top goalscorer, to reach the final, to reach the semi-finals, to finish in the top 8, to be eliminated in the league phase, and Winning nationality. The factors affecting outright Champions League winner odds include the league phase draw, current form, domestic league results, injuries, suspensions, and the January transfer window.

Matchday Betting

Pre-match football betting on the UCL involves wagering on different elements of the fixture. Primary markets for the league phase open one to two weeks in advance, after the fixtures are published, or after the prior matchday ends. Advanced player props open 24 to 48 hours before kickoff. Champions League betting odds for knockout stages open minutes after the official UEFA draw concludes for that specific round. Top matchday markets include:

1X2
Double chance
DNB
3-Way handicap
Over/Under
BTTS
Correct score
HT/FT
Team & player props

In-Play

Live UCL betting focuses on real-time action as the match unfolds. The in-play odds for Champions League winner change whenever there’s a goal scored, red card, injury, momentum shift, or substitution. We offer updated Champions League odds for Live match result, Next goalscorer, next team to score, next booking, live goals, and race to X corners markets.

Betting on the Champions League Responsibly

But it is important to always place bets on the Champions League responsibly. Before placing a wager on any match, make sure to conduct thorough research on the teams and players involved.

Important stats can be found on Betsson’s match-specific stats pages, which provide key information such as form, head-to-head records and much, much more.

Never bet more than you can afford and avoid chasing losses. When the fun stops, it is important you stop betting too.

So, ready to dive into the world of Champions League betting at Betsson? Let’s get started!

All Football, Champions League

Champions League Betting with Betsson

What is the Current Champions League Format?

2025/26 Champions League Recap

2026/27 Champions League Standings

Champions League Winners

The Messi & Ronaldo Era

Champions League Betting Options

Outright Markets

Matchday Betting

In-Play

Betting on the Champions League Responsibly

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