Steve Starr
- BetOnline and Bovada has updated 2021 Champions League Odds for the eight remaining teams
- Oddsmakers favor Manchester City (+225) and the defending champions in Bayern Munich (+350)
- Chelsea (+450) is a strong bet after getting a favorable quarterfinal and semi-final draw
The UEFA Champions League quarterfinal draw took place on Friday, serving up rematches from two of the past three finals.
Of the eight remaining clubs, six are previous champions with a combined 29 titles, while PSG and the favorites in Manchester City are each looking to win the Champions League for the first time.
With the first legs of the quarterfinals set to be played on April 6 and 7, let’s look at the latest odds to claim the European Cup.
2021 UEFA Champions League Odds
| Event |  |
| Manchester City | +200 |
| Liverpool | +350 |
| Bayern Munich | +400 |
| Chelsea | +1000 |
| Manchester United | +2500 |
New to betting on the beautiful game? Find our 2021 soccer betting guide here.
Man City catches a tough draw
Man City (+225) ran away with the Premier League title this season, but have historically wilted in Champions League play, having made the semi-finals just once in the past nine years.
Pep Guardiola’s club has allowed just one goal in eight Champions League games but will be facing Borussia Dortmund (+2500) and Erling Haaland, whose 10 goals lead the competition this season.
Man City’s biggest threat in the Champions League? Themselves https://t.co/lx2VwZ9b54
— The Independent (@Independent) March 17, 2021
Should Man City survive, they’ll face the winner of Bayern Munich (+350) and Paris Saint-Germain (+750), a rematch of 2020 final which the German club won 1-0 last August. The defending champions have scored a ridiculous 67 goals in 19 Championship Games over the past two years but could be vulnerable given they’ve lost twice in the Bundesliga this season.
PSG’s hopes may ride on the successful return of Neymar, who missed the Round of 16 with an abductor injury.
Real Madrid versus Liverpool
On the other side of the draw, 2019 champion Liverpool (+600) faces Real Madrid (+1000), the team it lost to in the 2018 final. Despite their struggles in the Premier League, Jurgen Klopp’s injury-ravaged club has only conceded three goals in eight Champions League games compared to the ten allowed by Zinedine Zidane’s squad.
Whichever underwhelming unit survives will likely match up with Chelsea (+450), who got a lucky quarterfinal draw in Porto (+3300) after the Portuguese club shocked Juventus in the last round.
Thiago Silva has reacted to #Chelsea being drawn against FC Porto in the #UCL quarter-finals.#CFC | @ChelseaFC https://t.co/oumLYEuxK4
— Absolute Chelsea (@AbsoluteChelsea) March 19, 2021
The Blues are unbeaten in 13 games (all competitions) since German coach Thomas Tuchel replaced Frank Lampard in January, and in addition to drawing the weakest team left in the competition, they will avoid Bayern Munich, Manchester City, or PSG until the final.
At +450 on BetOnline, Chelsea is our best bet to win the Champions League.
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