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Champions League Betting Sites

Champions League Betting SitesNowadays, it is practically impossible to find an online bookmaker that would neglect to cover the Champions League. This competition plays an integral role in association football betting. A staggering number of soccer lovers across the globe tune in to watch the games and make predictions regarding which teams will make it to the top, and among them are, of course, many sports betting aficionados. Finding the perfect bookmaker can make all the difference when it comes to betting on UEFA Champions League matches, and we have compiled a list of our top sportsbooks below in order to make this journey easier.

Top 10 Champions League Betting Sites

  1. 22bet

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    Regulators
    Kahnawake (license No. 00867)
    Min Deposit
    • Visa, Mastercard, Skrill, Skrill 1-tap, Perfect Money, Jeton Wallet, PaySafeCard - $1
    • Astropay - $5.14
    • Papara - $5.58
    • StickPay - $1.5
    • EcoPayz - $6
    • Neteller - $5
    • Bank Transfer - $2.79
    • Bitcoin - 0.04 mBT
    Max Withdrawal
    No limit.
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Processing time:
    • between 15 minutes and an hour depending on the method
    Withdrawal wait time:
    • Visa and Mastercard - 1-5 days
    • Skrill - up to 15 minutes
    • Neteller - instant
    • EcoPayz - up to 60 minutes
    • WebMoney - Instant
    • Payeer - up to 15 minutes
    • Cryptocurrencies - Instant
    • Airtel -Instant
    • MPesa - Instant
    • Excellent coverage of association football games
    • Compatible with Android and iOS devices
    • Supports cryptocurrency deposits and withdrawals
    • The registration process is quick and easy
    • Hong Kong, Malaysian and Indonesian odds
    • Live betting

    When it comes to wagering on UEFA Champions events, 22bet is one of the top choices. The website has a teal and white color palette, and the interface is well-organized. Punters can switch between decimal, American, and fractional odds, and the betslip is always located at the right of the webpage. In addition, Malaysian, Hongkong, and Indonesian odds are also supported.

    Numerous soccer leagues receive excellent coverage, and naturally, the UEFA Champions League is among them. Matches from the Europa League and the UEFA Conference League can also be found, and punters can also wager on games of leagues the likes of the English Premier League and the German Bundesliga. In general, the bets one can go for when wagering on soccer matches at 22bet vary between totals, both teams to score, correct score, and handicaps, among others.

    The sportsbook has an impressive selection of bankroll solutions, especially when it comes to the newest and greatest methods when it comes to online money management. Digital wallets are the preferred deposit method of many punters, and here, one can pick between Skrill, STICPAY, Neteller, and Jeton wallet. In addition, payment methods related to the blockchain are also available, such as Bitcoin, Litecoin, Tether, Ethereum, and more. Another notable deposit method is Paysafecard. Finally, 22bet also allows for withdrawals and deposits via VISA and Mastercard, as well as funding one’s account or cashing out by utilizing bank transfer.

  2. Everygame

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    Regulators
    Curaçao
    Min Deposit
    • Bitcoin - $25
    • Bitcoin cash - $25
    • Litecoin - $25
    • EcoPayz - $10
    • Paysafecard - €5
    • EU SEPA bank transfer - no limits
    • EZeeWallet - $10
    Max Withdrawal
    • Bitcoin - $2,500 per week
    • Altcoins - $2,500 per week
    • Bank Wire - $2,500 per week
    • ecoPayz - $2,500
    • EU SEPA bank transfer - $5,000
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • Bitcoin - up to 48 hours
    • Altcoins - up to 48 hours
    • bank wire - 10-15 days
    • ecoPayz - up to 48 hours
    • EU SEPA bank transfer - 2-4 days
    • The sportsbook keeps user data secure through the usage of SSL encryption
    • 24/7 customer support
    • The website is well-designed and easy to use
    • Everygame offers a great range of banking solutions
    • Great market variety
    • Clean betslip design

    Everygame is a bookmaker with a streamlined registration process, and although the minimum amount of money you can deposit into your account varies, no banking solution exceeds $25. As for the sportsbook’s library, association football receives a lot of attention at Everygame, and the Premier League, LaLiga, and the UEFA Champions League are all among the leagues punters can choose from.

    Although many punters prefer to stick to a single sport, there are sports wagering aficionados out there who do like to diversify their betting routine from time to time and either try wagering on other sports, or dip their toes in casino gaming for a change. Everygame is perfect for such individuals, seeing as its catalog includes various sports such as rugby, boxing, eSports, handball, baseball, and many others. Even unique markets like politics and betting on the winning numbers of lotteries are included. Additionally, Everygame has a casino page with slots, blackjack games, roulette, and the like.

    If you need additional help with the registration or verification process, or you run into some sort of issue while betting at Everygame, you can contact the bookmaker’s customer service staff. Customer support is available around the clock, seven days a week, and you can send an email or opt for live chat instead.

  3. 888sport

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    Bet Now Review
    Regulators
    • UKGC (039028-R-319297-012, 039028-R-319297-012)
    • AGCO, Gibraltar (112, 113)
    • MGA (MGA/CRP/543/2018)
    • Ireland Revenue Commissioners
    Min Deposit
    $10
    Max Withdrawal
    No limit.
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • VISA credit and debit - up to 6 days
    • MasterCard - 4 days
    • ApplePay - up to 6 days
    • Skrill - 2-3 days
    • Neteller - 2-3 days
    • PayPal - 2-3 days
    • MuchBetter - 2-3 days
    • Trustly - 2-3 days
    • Wire Transfer - 5-8 days
    • INTERAC e-Transfer - 2-4 days
    • Licensed by the UKGC and the MGA
    • The bookmaker offers early cash out
    • During in-play, punters have access to live streams
    • Extensive FAQ section
    • Dedicated smartphone application
    • Free bet calculator

    Based in Gibraltar, 888sport is a top-notch sportsbook that is regulated by some of the most reputable online gambling regulators. The bookmaker boasts a license by the United Kingdom Gambling Commission, as well as the Malta Gaming Authority. In addition, the Alcohol and Gaming Commission of Ontario, the Government of Gibraltar, and the Ireland Revenue Commissioners also oversee the bookmaker’s operations in the regulators’ respective jurisdictions.

    Punters who enjoy wagering on events pertaining to the UEFA Champions League will be pleased with the market variety on offer for each match, and this includes both teams to score, 1×2, over/under bets, and more. Live betting can also be achieved. Combining bets into accas and system bets is also possible.

    In addition, if you are ever uncertain about a certain selection after you have already placed your bet, you can check if early cash out is available. This feature allows 888sport punters to cash out a not yet settled bet early, and in doing so, cut their losses or keep any winnings that might have been accumulated up to that point.

    As mentioned previously, 888sport is a fully licensed bookmaker that adheres to the rules and regulations set by authorities such as the UKGC and the MGA. As such, 888sport has implemented features that aim to make betting safer, and this includes the ability to set a deposit limit, a time spent reminder, and the option to suspend one’s access to their betting account for a certain period of time. Finally, self-exclusion is also an option.

  4. LV BET

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    Regulators
    • UKGC (046794-R-325728-007, 046794-R-325728-007)
    • MGA (MGA/B2C/282/2015)
    Min Deposit
    $10
    Max Withdrawal
    $5,500
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Between several minutes and 3 days.
    • Quick registration process
    • Punters can wager on matches that are underway
    • Live streaming is available
    • The bookmaker is regulated by reputable regulatory bodies
    • Customer support can be contacted via live chat
    • Great market variety

    LV Bet was founded in 2015, and it offers a range of products to gambling aficionados. It has a dedicated sportsbook, and Champions League punters can enjoy numerous betting markets. Apart from classic combination bets such as doubles, trebles, and all the way up to nine-folds, punters can also create system bets. As for the types of wagers one can try, the three-way moneyline sees a lot of popularity at the soccer listings of LV Bet, while over/under bets are also among the available bet types.

    Soccer is not the only sport offered at LV Bet. Punters can also place bets on eSports such as Valorant and League of Legends, as well as other sports variations like tennis, MMA, ice hockey, biathlon, volleyball, and athletics.

    LV BET encrypts user data through SSL encryption, ensuring that your information is safe. In addition, bettors can protect their account by enabling two-factor authentication. With this security system enabled, you will receive a 6-digit authentication code each time you try to sign in. The code will be sent to you via SMS or email, and once you input it as prompted, you will gain access to your account. Although it is unlikely that a problem will occur during this process, you can turn to lV BET’s customer support team for assistance in the event that something unexpected does happen. The available means of communication are live chat, email and mobile phone.

  5. TonyBet

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    Regulators
    • UKGC (039126-R-319399-012)
    • Estonian Tax and Customs Board (HKL000243, HKT000016, HKL000098, HKT000015)
    • Kahnawake Gaming Commission (No. 902), Ireland (1017899)
    Min Deposit
    €10
    Max Withdrawal
    No limit.
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • eWallets - up to 12 hours
    • Debit and credit card - up to 7 days
    • Cryptocurrency - less than 24 hours
    • Excellent variety of odds formats
    • The website features a live casino section
    • Numerous soccer markets
    • UKGC license
    • Customer support can be contacted via live chat
    • Early cash out is available

    TonyBet was launched in 2011, and its UEFA Champions League listings include bets ranging from win bets like the three-way moneyline and double chance bets, to props such as correct score and last corner. Bettors who enjoy the thrill of live betting can also rest assured that the in-play section is just as market-rich as what pre-match punters can enjoy. Punters who would like to change up their routine can try out TonyBet’s live casino, in which table games the likes of roulette, blackjack, baccarat, and poker can be enjoyed by gambling aficionados.

    As for the odds formats, punters can pick between American, decimal, and fractional odds. There are also options that cater to punters who reside in Asia, such as Hong Kong, Malaysian and Indonesian odds. Another aspect that showcases TonyBet’s status as a global bookmaker is the website’s language options, with languages like English, Dutch, French, Finnish, Russian, Spanish, and Estonian, among others, being available.

    The authorities that oversee the bookmaker’s operations within the UK and Estonia are the United Kingdom Gambling Commission and the Estonian Tax and Customs Board, respectively. We can also note that the bookie is licensed to operate in Ireland. Finally, TonyBet is licensed by the Kahnawake Gaming Commission as well.

  6. Bovada

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    Bet Now Review
    Regulators
    N/A
    Min Deposit
    • Visa/MasterCard - $20
    • BTC, BCH, BSV, LTC - $10
    • ETH/USDT - $50
    • Player Transfer - $10
    • Direct Bank Transfer - $50
    • MatchPay - $20
    Max Withdrawal
    • Bitcoin, Bitcoin Cash - no maximum amount, 1 withdrawal per 3 days
    • Litecoin, Ethereum, Tether - no maximum amount, 1 withdrawal per 3 days
    • Check by Courier - $3,000, 1 per 7 days
    • Voucher - $3,000
    • MatchPay - $1,000, 2 per day
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • Bitcoin - up to 24 hours
    • Litecoin, Ethereum, Bitcoin SV, Bitcoin cash - up to 1 hour
    • Check by Courier - 24-48 approval time, 10-15 days wait time
    • Great security features such as SSL encryption and 2FA
    • The sportsbook accepts a sufficient number of banking solutions, including cryptocurrencies
    • 24/7 customer support
    • Bovada features a racebook
    • Punters have the opportunity to wager on live UEFA Champions League events
    • Clean and efficient UI design

    Bovada is a global sportsbook that has a lot to offer to fans of the UEFA Champions League. The markets you will encounter when you decide to wager on association football matches include draw no bet, totals, point spread bets, double chance, and more.

    Security is one of the most crucial aspects of a sportsbook, seeing as wagering at one involves depositing funds and providing the sportsbook with personal information in order to verify your identity. Bovada has, therefore, implemented two-factor authentication. This is a security feature which, when enabled, sends a code to your phone number in order to confirm that you are the one conducting a specific action related to your sportsbook account. The actions that involve 2FA are logging into your account, profile updates, withdrawal requests and bonus redemption.

    Bovada features an excellent variety of banking solutions. When it comes to deposits, you can pick from a number of cryptocurrencies, like Bitcoin, Litecoin, Ethereum, and more. Traditional options such as VISA and Mastercard are also included among the methods you can utilize, and payment methods the likes of Zelle are available, as well.

    The bookmaker has made its customer services available 24/7, and if you opt for using live chat as your means of communication, you will find help almost immediately. Support is also available via email, although it is good to keep in mind that it could take up to 48 hours for someone to respond to your query.

  7. 20bet

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    Bet Now Review
    Regulators
    • Kahnawake (00867)
    • Curaçao (8048/JAZ2017-067)
    Min Deposit
    €10
    Max Withdrawal
    $4,000
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • eWallets - up to 12 hours
    • Credit and debit - up to 7 days
    • Cryptocurrencies - up to 24 hours
    • Excellent coverage of association football events
    • The betslip has a clean design and is very easy to utilize
    • Entertaining casino section
    • The website is available in many languages, including English, Norwegian, French, Japanese, Korean, Spanish, and Tagalog, among others
    • The sportsbook offers early cash out
    • Dedicated smartphone apps

    At 20bet, punters can wager on a variety of markets. The sportsbook offers sports such as soccer, eSports, cricket, baseball, and more. This, naturally, means that the major leagues are all accounted for, which includes the UEFA Champions league. In addition, bettors have a great set of association football bets to go for, including, but not limited to, over/under, draw no bet, and handicap betting.

    Another possibility at 20bet is wagering as you are out and about, seeing as the bookmaker can be accessed on smartphones. If you are a punter who wishes to wager on the go, there are several options. The first one is the application that can be installed on smartphone devices that run Android, and you can download 20bet directly from Google Play. As for those who have an iPhone, 20bet has also created an iOS-compatible application, and you can get it from the App Store. Finally, punters who are not keen on downloading a standalone app can simply load 20bet on their mobile browser of choice and enjoy everything the sportsbook has to offer in a compact format.

    Mobile bettors can enjoy all the perks and markets of the desktop version of 20bet, and its smartphone apps and website are just as secure thanks to 20bet’s implementation of Secure Socket Layer encryption, which protects bettors’ user data.

  8. LSBet

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    Regulators
    Curaçao (#5536/JAZ)
    Min Deposit
    €10
    Max Withdrawal
    • Bank transfer - €5,000
    • MiFINITY - €2,500
    • Skrill - €10,000
    • Neteller - €15,000
    • INPAY Local Bank Transfer - no limit
    • AstroPay Cashout Brazil - 2,000 BRL
    • AstroPay One Touch - $3,000
    • Bank Transfers - $2,500
    • eZeeWallet - no limit
    • Bitcoin - no limit
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Up to 5 days.
    • 24/7 customer support via live chat
    • It is possible to wager on matches that are underway thanks to LSBet’s in-play feature
    • The website has a mobile interface for smartphones
    • There is a good variety of deposit methods
    • It is very easy to create an account
    • LSBet has a rich library of sports and bet types

    Based in Curaçao, LSBet is a sportsbook that features a variety of sports in its catalog. American football, baseball, tennis, ice hockey, and, of course, association football are all among the sports you can find at LSBet. In addition, each sport gets a lot of attention at LSBet, and the major leagues are all covered thoroughly. This ensures that the vast majority of punters, including those who love to wager on the odds of UEFA Champions League matches, will be able to place bets on their favorite events.

    We should also note that the variety of bets on offer is great, and you can pick between draw no bet, double chance bets, handicap bets, and more once you decide which events to wager on. Punters can also place outright bets on which team they believe will win the Champions cup this season.

    Punters will not find it difficult to fund their accounts, seeing as the minimum deposit amount is just €10, and there is a good selection of banking solutions one can go for. Bank transfer and credit card deposits are available, and e-wallets such as Skrill and Neteller are also an option. Finally, punters can opt for depositing via their cryptocurrency of choice, with currencies the likes of Bitcoin and Ethereum among the options one can go for.

    If you find yourself in need of assistance during the deposit process, you can get in touch with the bookmaker’s customer support. LSBet’s customer service team is available around the clock, seven days a week, and you can go for either live chat or email, depending on which communication method you prefer.

  9. 1xBet

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    Regulators
    Curaçao (1668/JAZ)
    Min Deposit
    $1
    Max Withdrawal
    No limit.
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • VISA - 1 minute-7 days
    • MasterCard - 1 minute-7 days
    • WebMoney - 15 minutes
    • Skrill - 15 minutes
    • AstroPay - 15 minutes
    • Perfect Money - 15 minutes
    • MuchBetter - 15 minutes
    • Jeton Wallet - 15 minutes
    • Sticpay - 15 minutes
    • ecoPayz - 15 minutes
    • Neteller - 15 minutes
    • Interac e-Transfer - 15 minutes
    • DirectCredit - 15 minutes
    • Bitcoin - 15 minutes
    • Litecoin - 15 minutes
    • Dogecoin - 15 minutes
    • Ethereum - 15 minutes
    • Tether - 15 minutes
    • Impressive selection of association football bets
    • Stand-alone smartphone app
    • Customizable interface
    • Customer support is available 24/7
    • Quick verification process
    • Banking solutions include cryptocurrencies

    If you are a bettor who prefers to place soccer bets on the go, 1xBet has got you covered. The bookmaker’s smartphone app is available on both iOS and Android devices, which means that you can easily download it from the App Store and the Google Play Store, respectively. If one wishes to forgo installing a standalone app, the website can be used on smartphone browsers, as it will automatically switch to a mobile layout.

    The bookmaker’s interface is highly customizable. Punters can change the font size, whether they wish to see 1xBet’s acca of the day, the theme of the background, whether the team logos will be included in the betslip, and much more. Furthermore, the odds on offer are impressive in terms of the range of options included. American, decimal, and fractional odds are available as always, but formats such as Hong Kong, Malaysian and Indonesian odds are also options.

    Bettors who wager on UEFA Champions League games will find that the bets they can place are numerous, and the included variations include totals, handicap betting, soccer props, 1×2, and more. Another thing to note is the array of sports bettors can pick from if they wish to branch out instead of always sticking to association football. Basketball, table tennis, American football, and golf are among the options available.

  10. BetTarget

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    Regulators
    • MGA (MGA/CRP/148/2007)
    • Ireland regulatory bodies (1014834)
    • UKGC (039483-R-319409-017)
    Min Deposit
    €10
    Max Withdrawal
    No limit.
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • VISA and Mastercard - 0-6 days
    • Trustly - 0-4 days
    • PayPal - 0-2 days
    • Bank Transfer - 2-6 days
    • MuchBetter - 0-2 days
    • Skrill - 0-2 days
    • 128-bit Secure Socket Layer encryption
    • The sportsbook’s website is compatible with mobile browsers
    • BetTarget is licensed by the UKGC and the MGA
    • Helpful FAQ section
    • The bookmaker features a variety of soccer markets
    • Punters can wager on live matches

    Licensed by reputable entities like the United Kingdom Gambling Commission and the Malta Gaming Authority, BetTarget is a bookie that caters to a variety of punters, including those who are passionate about UEFA Champions matches and soccer leagues in general. BetTarget covers both global leagues like the FIFA World Cup and the UEFA Champions League, as well as local options the likes of Bundesliga, Brasileiro Series A, the Irish Premier Division, Italy’s Serie A, Island’s Urvalsdeild, and more.

    Using the website’s interface is a breeze thanks to the clean and organized design, and the same can be said about BetTarget’s betslip. As for the sportsbook’s markets, both teams to score, over/under, double chance, the Asian handicap, and draw no bet are among the bet types punters can find within BetTarget’s library. In addition, punters who are fans of all types of gambling can also pay the bookmaker’s casino section a visit.

    In situations that call for seeking assistance from BetTarget’s customer service team, the sports betting website’s customer support can be contacted seven days a week, between 08:00 CET to 00:00 CET. The available communication methods are email and live chat. Of the two, utilizing live chat is the fastest way to get in touch with customer support.

Champions League Betting Overview

The UEFA Champions League is one of the most anticipated football competitions worldwide. This is partly due to the sheer quality of the games, as it can be argued that this year-long event allows association football lovers to see the best of the best play against one another.

The prestige surrounding this league is not lost to sports bettors who love to wager on association football, which is why the Champions League tends to be exceptionally popular at modern online sportsbooks. Lots of punters are attached to the teams themselves as well, and the opportunity to wager on your favorites during one of the largest association football events in the world is not worth missing for many fans.

History

HistoryCuriously, the history of the UEFA Champions League does not begin in Europe, as the very idea of a continent-wide association football competition was first observed across the Atlantic in South America. It was a novel proposal at the time, and in 1948, the first South American Championship of Champions took place. The feat saw global recognition, and French journalists Gabriel Hanot and Jacques Ferran were fascinated with this concept. They believed that such a far-reaching championship would have a lot of potential in the Old Continent, and the two would later become the European Cup founders.

The European Cup is what the Champions League was called throughout most of its history, but it was renamed with its current title after the 1991-1992 season.

Betting on soccer has been popular since the sport itself gained its own identity, and as one could assume, a championship that spanned the entire European continent would attract quite a lot of passionate soccer bettors. Indeed, wagering on the matches of this league has always been a hit among punters, and the birth of the internet and the online sportsbook made the practice all the more accessible to the masses. Today, soccer itself sees a lot of traction when it comes to remote betting, and the UEFA Champions League makes for some of the most exciting sports betting games of the year.

It is also notable that the league has two lower-tier competitions that allow for runner-ups to compete against one another, the first of which is the UEFA Europa League. This is the second tier, while the UEFA Europa Conference League is the third tier. The winners qualify for the Champions League and Europa League, respectively, and the stakes at hand make for exciting games that are excellent for football betting aficionados.

League Champions

League ChampionsAmongst the numerous winners of the Champions League, one team has a currently unmatched record of cups that have been won. That would be Real Madrid, the club that won the very first Champions League cup and that would continue to be the winner for the following four years of the competition. The team continued its success and has won a staggering 14 UEFA Champions League cups so far, seeing as the team went on another win streak in the latter half of the 2010s. As such, Real Madrid tends to be one of the most popular picks when it comes to the UEFA Champions League listings. As we touched upon earlier, lots of punters also love to wager on the teams they love, simply as a token of trust or as a way to wish the team good luck, which also contributes a lot to Real Madrid’s popularity on sports betting websites.

Another team that has performed exceptionally well throughout the league’s history is Milan, with 7 cups acquired thus far. Not far behind them are Liverpool and Bayern, with 6 cups each, and Barcelona, one of Real Madrid’s strongest of rivals, has been the winner 5 times. Next in line is AFC Ajax, with 4 cups in total, and beyond this, there are seven teams that have managed to grab the cup either two or three times.

The Odds

The OddsThere is a lot that goes into placing successful bets when it comes to wagering on UEFA Champions league matches, and the odds are one such crucial aspect of betting. They determine how much a punter will win or lose once their bet has settled, and they tend to vary depending on the sportsbook you pick.

There are two main things that can influence the odds of a given outcome, the first of which is the information surrounding a given match. News regarding injuries, for instance, can make both sportsbooks and punters less trusting of a team’s potential success, which would result in the odds becoming more competitive to compensate for the perceived lower chance of success.

The punters themselves can influence the odds movement by simply wagering on one outcome far more than the other. This can happen either because the team itself is just very popular, but it has also been proven that bettors tend to gravitate towards the favorites in general. Either way, this will prompt the bookies to try and balance things out and adjust the odds in order to direct more traffic towards the neglected outcome. The more balanced an entire selection in terms of demand, the better for the sportsbook.

Being aware of this can help Champions League punters determine which bets could be the better option in terms of odds, although it is also important to not rely on the odds alone. For instance, if a team boasts great odds but you believe they truly have no chance of beating their opponents, then picking the other team could be better.

Fractional Odds

Fractional OddsThere are a total of three odds types that reign supreme at global sportsbooks when it comes to the UEFA Champions League and soccer betting in general. The first such format is the fractional one, which presents the odds as fractions, hence its designation. To understand how these odds work, we will examine the odds of the following PSV – Monaco moneyline bet:

  • PSV: 23/20
  • Draw: 11/4
  • Monaco: 2/1

Translating these odds is pretty simple, and if we look at the odds of PSV, they tell us that if you wager on this team, you will win $23 for every $20 you wager. This, therefore, means that every $4 wagered on the draw would result in $11 as profit, while a winning Monaco bet will net you $2 for each $1 wagered. This also tells us that the PSV team is the favorite in this matchup.

Decimal Odds

Decimal OddsNext in line is the decimal odds format. Decimal odds are very popular in the Old Continent, which is why punters often refer to them as the European Odds. These odds are also very easy to understand, as the higher the odds, the lower the chances of an outcome occurring. We will again focus on the previous matchup, but this time we will see what will happen if we were to wager $5 on PSV:

  • PSV: 2.15
  • Draw: 3.75
  • Monaco: 3.00

The formula for determining one’s profit works like this: Profit = (Stake x Decimal Odd Number) – stake = (5 x 2.15) – 5 = 10.75 – 5 = $5.75. Sportsbooks usually show the calculated payout and profit automatically within the betslip.

American Odds

American OddsThe final odds are the American odds, which see a lot of use in the Western Hemisphere. They are of US origin, and there are sportsbooks that will list them as moneyline odds. Here, the favorites have a minus before their odds, while the underdogs have a plus, and below we have an example of American odds within a listing:

  • Midtjylland: +320
  • Draw: +280
  • Benfica: -130

Midtjylland’s odds show us that if we were to bet $100 on them, we would walk away with $320 in profit, provided they beat their opponents. On the other hand, you would need to wager $130 to have a chance at winning $100 if you wager on Benfica.

Bankroll Management

Bankroll ManagementIt can be very tempting to wager on each match you can find once the Champions League is underway, but in order to do so responsibly amidst all the excitement, punters must be very careful with how they manage their bankroll. There are numerous strategies that can assist you in doing so easily, and most of them can be used once you create a so-called betting unit. If you have a bankroll of $100, for instance, then you can decide that one unit equals one percent of your bankroll, and that would be $1 here.

The next step is to settle on a bankroll management strategy, the simplest of which is flat betting. With this system, you wager the same number of units on all of your bets, and it is simple to keep track of your bets this way. Back to our $100 bankroll, we can designate two units, or $2, per bet. This is all there is to it. Flat betting is perfect for punters who just wish to have fun betting on UEFA Champions League games without dedicating too much time to bankroll management.

Ambitious punters could go with one of the more complex strategies, and one such option is the Paroli, in which you double your bets after a win, and start betting with your base unit after a loss. Another example is the Contra D’Alembert System, where winning entails increasing your stake by one unit, while losing warrants lowering the bet by one unit.

Soccer bettors should always remember that contrary to what some punters might have you believe, strategies like this will not help you place better bets and win more. They simply allow you to control how much money you wager, which is valuable in and of itself.

FAQ

  1. When does the UEFA Champions League start and end?

    Each UEFA Champions League season lasts a bit less than a year. For instance, the current season started in June 2022, and it will end next year, in June 2023.

  2. Which odds format is best for association football betting?

    In general, this is a matter of personal preference. There are punters who prefer American odds, while others find fractional or decimal odds far easier to understand. We recommend you try all three in order to find the one that suits you best.

  3. Which country has been the most successful in the UEFA Champions League thus far?

    At the time of writing, Spain continues to be the country with the most UEFA Champions League cups. Its top team, Real Madrid, has a whopping 14 wins so far, while Barcelona has won the cup 5 times.

  4. Will I be able to wager on the UEFA Champions League matches as they are underway?

    If you bet at a sportsbook that offers live betting to its users, then the answer is yes. Thankfully, most remote bookmakers nowadays offer in-play, so you will not have difficulties finding such a feature. In addition, you can also take advantage of live streaming, which is often available as well.

  5. What are UEFA Champions League outrights?

    Outrights are bets that take a long time to settle, seeing as they typically span an entire season of a league. When it comes to the UEFA Champions League, placing an outright bet usually means that you wager on who you believe will be the winner at the end of the ongoing Champions League season.

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