2021 Champions League Title Odds, Round of 16 Projections After Knockout Draw

Alexander Hassenstein/Getty Images. Pictured: Robert Lewandowski

The Champions League Round of 16 draw was announced this morning, and here are the matchups.

UCL play won’t resume until February.

After the draw was announced, sportsbooks quickly updated future odds to win the title.

Here is where the currently stand (via DraftKings):

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2021 Champions League Odds

Team Odds
Bayern Munich +275
Manchester City +450
Liverpool +600
Juventus +1100
PSG +1100
Real Madrid +1100
Chelsea +1700
Dortmund +2000
Barcelona +2000
Atletico Madrid +2500
Sevilla +3500
RB Leipzig +4000
Atalanta +4500
Lazio +6000
Borussia Monchengladbach +12500
Porto +15000

Projected Knockout Stage Odds

Here’s how I project all the Round of 16 matchups. The odds are for both fixtures, so it reflects each team’s chances to advance.

Notes

  • Champions League knockout stage fixtures do not begin until February, so things may change a bit depending on form and injuries.
  • The two most tantalizing fixtures are Barcelona vs. PSG and Atletico Madrid vs. Chelsea.
  • Barcelona vs. PSG has some history, as the last time they met in the knockout stage, Barcelona erased a 4-1 first leg deficit to win on aggregate 6-5
  • Chelsea’s bad luck continued, as this is the fourth straight year they’ve drawn one of the European giants:
  • All other fixtures seem fairly straight forward with some of the bigger clubs being heavily favored in the Round of 16.

See everyone in February.

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