UEFA Champions League Odds (New Odds for June 2026)

Who will win the Champions League?

Paris Saint-Germain are the favourites to win the final. They’re the holders, and have an easier run in, with the Ligue 1 title wrapped up and nothing else to worry about. Meanwhile, Arsenal have a nail-biting run-in as they try to win their first Premier League since 2004.

PSG have plenty of star power and a formidable attacking line-up. However, Arsenal have one of the meanest defences in world football, and it will be a fascinating clash watching the two come up against each other.

What are the odds on the Champions League winner?

The current odds on the Champions League winner are aggregated at around 7/10 for PSG and 27/20 for Arsenal. This means that wagering £20 on PSG will get you a return of £34, while wagering £20 on Arsenal will get you a return of £47.

The odds on Arsenal give quite a strong return given that Arsenal have a very real chance of winning this game. However, it’s easy to see why someone would prefer to wager on PSG - they have an established reputation as winners, and Arsenal are still facing the risk of choking on both trophies they’re aiming for this season.

Paris Saint-Germain vs Arsenal - who has the better chance?

So what does each team have in their favour ahead of the clash? Let’s compare the teams head-to-head.

Paris Saint-Germain

PSG have a formidable attack featuring the talents of Ousmane Dembélé, Khvicha Kvaratskhelia, Désiré Doué and Bradley Barcola. They score in almost every game, and average significantly more than 2 goals per game in Ligue 1. They put 6 goals overall past Bayern Munich in the semi-finals and are almost unstoppable when they get going.

PSG should also be better-rested than Arsenal, as they only have one remaining game in Ligue 1, and it’s a throwaway fixture - they’ve won the league already. For this reason, they may play a second-string team and give their stars plenty of time to recover for the Champions League final.

For this reason, betting on PSG to score should feel fairly safe. However, the argument against it is that Arsenal’s defence is a different prospect to Bayern Munich’s - or anyone else’s.

Arsenal

Arsenal face a difficult dilemma in May. A disadvantage for Premier League teams in the UCL final is that the Premier League season runs later than many European seasons and has more games. As is often the case, the title isn’t decided right until the end, and Arsenal face a tough challenge facing off Manchester City in their 22-year hunt for a league title. They have to balance this, and risk injuries to their best players, while they also focus on the Champions League final.

The best argument in Arsenal’s favour is how mean their defence is - in every sense of the word. Domestically and across most European fixtures, PSG have faced nothing like the gigantic pairing of Gabriel Magalhães and William Saliba this season, and Arsenal have a range of supporting options plus David Raya in goal. The availability of Arsenal’s first-choice full-backs may be a deciding factor, as Myles Lewis-Skelly has looked vulnerable against top opposition this year.

That said, PSG found a way last year, beating Arsenal 3-1 on average in the Champions League semi-final. The odds suggest they can do it again.

Will there be a lot of goals in the Champions League final?

Nobody wants to bet on a 0-0 draw for the Champions League final, and honestly, it’s unlikely. Odds are as high as 10-1 on a goalless draw right now. However, Arsenal are highly unlikely to look for a free-flowing classic of a final, as this would play into PSG’s skillset. Instead, they’ll aim to close the game down and hunt for opportunities from set-pieces, which have been their greatest asset this season. If they’re successful, a goalless draw could be a good outside bet.

Who is the most likely goalscorer in the UCL final?

PSG’s top goalscorers share scoring responsibilities quite evenly between them, which makes it a tough prediction for the final. However, Ousmane Dembélé has been on fierce form in the Champions League knockout stages, with 5 goals in PSG’s last 3 games. He would be a good pick to score.

Champions League winner odds: verdict

There’s no heavy favourite in this final, which is good news: it makes for a more exciting contest. However, remembering PSG’s 5-0 demolition of Inter Milan in last year’s final makes betting against them feel like a tough choice. Can they do the same to Arsenal?