2021 UEFA Champions League Odds After Round of 16 Draw

  • BetOnline has updated odds for all the clubs in UEFA Champions League round-of-16
  • Bayern Munich (+275) opened as favorites to repeat as champions
  • Cristiano Ronaldo will play in Portugal as Juventus (+1200) opens with Porto (+15000)

On Monday, Europe’s best football clubs found out who they’ll face in the round-of-16 draw. While the action doesn’t begin until mid-February, we have updated odds on what teams are favored to win the UEFA Champions League in the new year.

Let’s review the odds for all 16 teams and preview the eight matchups.


Bayern Munich+275
Man City+400
Real Madrid+1400
Atletico Madrid+1800
Borussia Dortmund+2000
RB Leipzig+3300
Borussia Monchengladbach+10000


Reigning champions Bayern Munich (+275) are favored to emerge victorious from the Champions League final in Istanbul after a dominant Group A performance where they scored 18 goals in six games. First, they’ll have to get past Lazio (+8000), who were unbeaten in the group phase and qualified for the knockout stages for the first time in 20 years.

Manchester City (+400) received a favorable draw against Borussia Monchengladbach (+10000), a club that’s harder to pronounce than it is to beat, but they have yet to make it past the quarterfinals under boss Pep Guardiola.

Liverpool (+600) has an intriguing round-of-16 matchup that will see manager Jurgen Klopp return to Germany to face RB Leipzig (+3300). Leipzig conceded 12 goals in six group games, but they’re a dangerous opponent who notched impressive group-stage victories over both Manchester United and  Paris Saint-Germain (+1200).

Speaking of PSG, they face Barcelona (+1800) in a heavyweight battle between Lionel Messi and Neymar, two players whose futures with their clubs seem increasingly uncertain. Barça has won their past 13 round-of-16 games but will be underdogs in this epic tie that will likely cost the losing coach their job.

Bayern Munichto win the Champions League
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Liverpoolto win the Champions League
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Barcelonato win the Champions League
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Turning 36 in February, Cristiano Ronaldo is at an age where many consider Major League Soccer, so this is more than likely his last chance to win a Champions League with Juventus (+1200). The superstar will get to return to his home country in Portugal to face a Porto (+15000) club with the longest odds on the board.

Juventusto win the Champions League
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Having won the Premier League as teammates, Marcos Alonso and Diego Costa will now go head-to-head in the round-of-16 when Chelsea (+1600) faces Atletico Madrid (+1800). Costa has been battling injuries all year and will need to be healthy alongside teammate Luis Suarez if the Blues are to defeat Alonso and Portuguese sensation Joao Felix.

It’s strange that Borussia Dortmund (+2000) has better odds to win the Champions League than their opponents from Sevilla (+4000) considering they just sacked their coach, but oddsmakers seem to favor the emerging stars in Dortmund over last season’s Europa League champions.

Borussia Dortmundto win the Champions League
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Real Madrid (+1400) will try to avoid being eliminated in the round-of-16 for the third-straight year when they face an Atalanta (+4000) squad that has been nothing if not unpredictable in Champions League action this year. Faced with his fair share of criticism lately, coach Zinedine Zidane will hope his club maintains momentum after a big victory in the Madrid derby on Saturday night.

Real Madridto win the Champions League
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Steve Starr

Steve is one of the many Americans who spends Sunday watching football on the couch and gorging on heart-clogging eats. He describes himself as a good father, great dog owner, and mediocre gambler and husband.

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