According to Racing Post reporting on the 2026-27 UEFA Champions League outright betting markets, Paris Saint-Germain opened as 5-1 favorites to secure a continental title despite a sloppy start to their Ligue 1 campaign under manager Luis Enrique.
Evaluating the 2026-27 Outright Favorites and Contenders
Paris Saint-Germain successfully defended their Champions League title last season, though by a massively reduced winning distance, according to Racing Post. After crushing Inter 5-0 in the 2024-25 final, the Parisian side was taken to penalties by a dogged Arsenal side in Budapest in late May. Despite their pedigree, Luis Enrique’s men made a sloppy start to their domestic Ligue 1 campaign, scraping draws at Rennes and Lille before a 2-1 home defeat to Monaco. Consequently, bookmakers price PSG at 5-1, leaving the door open for challenger clubs.
Bayern Munich represents a compelling alternative at 6-1 general odds, according to Racing Post data. Vincent Kompany’s side finished second in the league phase last season, winning seven of eight matches, including a 3-1 victory over Chelsea and a 2-1 win away against PSG. Benefiting from a less competitive domestic league where they won the Bundesliga by 16 points and scored a record 122 goals in 34 matches, Bayern enters the competition fresh. Their attack features Harry Kane, Luis Diaz, and Michael Olise, alongside summer signings Ismael Saibari and Nathaniel Brown.
Premier League Heavyweights and Tactical Adjustments
Manchester City offers a more appealing selection at 9-1 odds than their domestic dominance might suggest, according to Racing Post analysis. For all their success under Pep Guardiola, City’s recent Champions League record remains underwhelming, featuring a playoff round exit in 2024-25 and a round of 16 elimination in 2025-26. With Enzo Maresca now taking charge following a major summer overhaul that added Gianluigi Donnarumma, Rayan Cherki, Marc Guehi, and Antoine Semenyo, City aims to navigate the expanded league format more effectively.
Arsenal, meanwhile, is priced at 6-1 following a European campaign defined by a defensive approach under Mikel Arteta. The Gunners topped the league-stage table by winning all eight matches but were ultimately eliminated on penalties by PSG in the final. Racing Post notes that Arsenal’s summer pursuit of Atletico Madrid forward Julian Alvarez fizzled out, leaving the squad potentially short of attacking depth to go one better this term.
Dark Horses and Serie A Value Picks
Cesc Fabregas has led Como to fourth place in Serie A, making them an intriguing 7-1 bet via bet365 to finish as the top Italian team in the league stage, according to Racing Post. Como secured the permanent loan of brilliant young Argentinian playmaker Nico Paz from Real Madrid.

Did You Know? Como’s rapid ascent under manager Cesc Fabregas saw them finish behind only champions Inter in Serie A goalscoring last season, bolstered by the retention of key young talent like Nico Paz.
Frequently Asked Questions
Who are the favorites to win the 2026-27 Champions League?
Paris Saint-Germain leads the outright betting markets at 5-1, closely followed by Arsenal, Barcelona, and Bayern Munich all priced at 6-1, according to Racing Post odds.

Why is Bayern Munich considered a strong value bet?
According to Racing Post, Bayern benefits from playing in the Bundesliga where they secured a 16-point title margin last season, allowing them to rotate their world-class attack featuring Harry Kane, Luis Diaz, and Michael Olise without severe domestic fatigue.
How did Como perform in Serie A under Cesc Fabregas?
Como finished fourth in Serie A last season and recorded the division’s second-highest goal tally behind Inter, establishing themselves as a primary contender for top Italian club in the Champions League league stage.
What odds is Manchester City available at for the tournament?
Manchester City is priced at 9-1 general odds, offering value for punters looking past their recent underwhelming European exits under the new management of Enzo Maresca.
To explore more expert football previews and up-to-date betting odds, visit Racing Post Sport and sign up with verified operators like bet365.
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