Champions League Betting in 2024Hero Image

Champions League Betting in 2024

All good sportsbooks offer Champions League betting as it's the most prestigious club soccer competition in the world. This can make it tough to work out which site is the best one to use, and that's where we come in. We've reviewed tons of sports betting sites in Canada so you don't have to. Simply read through the reviews of our recommended sites and find the best betting site for you!

On this page you'll find out:

  • The top betting sites for 2024
  • How to understand European odds
  • The types of bets you'll be able to make

Top 5 Betting Sites for The Champions League
December 2024

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How the World’s Biggest Club Soccer Tournament Works

In order for a team to qualify for the Champions League, they must first finish in a qualifying position in their national league. Some countries, like England and Spain, get four qualifying spots, while smaller nations get fewer. The only other way to make it through is to win the Champions League or the Europa League in the previous year.

The qualifying process then starts, with some teams having to go through playoffs first, and others heading straight through to the group stages. The playoffs are three knockout matches, and those getting through these will also find themselves in the groups. The groups are made up of eight mini leagues, each of which has four teams. They play each other in a round-robin format, and the top two go through to the knockout stages. It’s then a knockout format all the way through to the final when the winner is crowned.

The Strongest Teams and Nations

Traditionally, teams from four nations have done well in the Champions League: Spain, England, Germany and Italy. French teams are starting to break into this top four though, especially since Paris Saint-Germain started to spend big on new superstar players.

The most successful team in Champions League history is Real Madrid, who have won the competition twelve times. This is five more times than the second placed team, AC Milan, and seven times more than the teams with the third best records – Bayern Munich, Barcelona and Liverpool.

Types of Bets You Can Make

There are many different types of bets you can make, however one of the most exciting is betting on the overall winner before the tournament has even started. This means you’ll have a team to support throughout the competition, plus you’ll usually find some huge Champions League winner odds when you bet on the winner early. You can combine a long-term bet with individual bets on different matches, meaning that there’s always something for you to cheer on. You could even try a big parlay bet - they’re tough to win, but can offer some huge odds.

You’ll also find some really good Champions League odds at the live betting section of your chosen sportsbook. Unlike standard bets which are placed before the match starts, live bets are made as the game is being played, and the odds continually change to match the action in the game. Live betting doesn’t just lead to loads of extra excitement though - it can often lead to some absolutely massive prizes.

Explained: European Odds

They may be called European odds, but they’re actually the most popular type of odds in Canada. You might know them instead as decimal odds, but regardless of your name for them, one thing remains the same - they’re the easiest type of odds to work out. Just multiply the odds by your stake, and you’ll be able to see exactly how much your bet could be worth, providing it’s a good one!

Here’s an example for you. Imagine you placed a $20 bet on Juventus to beat Real Madrid, and you received odds of 2.7. You simply need to multiply the $20 by 2.7, which gives an answer of $54. This is the exact amount you’ll win, including the return of your stake, if Juventus manage to overcome their opponents.

Biggest Champions League Upsets

  • Liverpool’s huge comeback. In 2005 it had been over 20 years since Liverpool had won the tournament. By half-time in their 2004/05 match against AC Milan they were three goals down, however Steven Gerrard inspired a fightback and they eventually won on penalties!
  • Manchester United leave it late. In the 1998/99 final, Manchester United were trailing Bayern Munich 1-0 as the second half approached its end. A goal from Teddy Sheringham in the 91st minute levelled the score though, before Ole Gunnar Solksjaer scored the winner two minutes later.
  • Porto win the Champions League In 2003/04, Jose Mourinho took Porto to victory in the tournament - something that wasn’t expected by anyone. This broke the dominance of the teams from the big four and is still the only time in the last 22 years a team outside the big four has won.

Trust Us to Find the Best Sportsbooks in Canada

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The main reason is that all of our reviews are completely unbiased, and this is because we aren’t owned by any online gambling company, unlike some of the other review sites found online. This means our reviewers can tell you exactly what they think, and this is exactly what they do!

Additionally, all our staff members are experienced gamblers, and this allows them to really understand exactly what people in Canada want when it comes to a sportsbook - somewhere trustworthy, with many great markets and bonuses, including free bets!

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History of the European Cup

The European Cup was the name of the Champions League prior to the 1992/93 season, and it began in 1955/56. There wasn’t much competition for Real Madrid in the early days, and they went and won the first five tournaments, before Benfica came along and halted their run. Since its inception, the competition has been won by 22 different teams, and these come from 10 different nations.

In 1992/93, the tournament’s name was changed to the Champions League, and the format also saw a big shake-up. Not only were groups added, but teams other than the champions from each country could be involved, meaning that the number of teams in the Champions League expanded massively. This expansion means that there are now 32 teams in the group stages of the Champions League, and many others battle each other in the preliminary knockout stages.

You’re Now Ready to Bet on the Champions League

To bet on the Champions League, all you need to do is head to one of our recommended websites or download a soccer betting app from the Google Play Store or the App Store. You’ll then be able to bet on the Champions League in many ways, from soccer spread betting through to huge parlay bets and exciting prop bets.

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Champions League FAQs

Do you have a question about gambling on the Champions League in Canada? If so, you could find the answer below. If you can't find the answer you're looking for, please feel free to contact us and we'll get back to you as quickly as possible.

The Champions League is an annual competition, and the qualifying stages start in June and continue through to August. The group stage then begins in September and finishes before Christmas. The knockout stages then start in February, and continue until the final, which is in May.

You can make a massive variety of bets, ranging from straight up bets through to parlay bets, and prop bets through to spread bets. Many also enjoying betting live on the Champions League, and this can be done at any of our recommended online sportsbooks.

Yes, you certainly can, and doing so is extremely popular with Canadian gamblers. Just click on the match-up you want to bet on, and you'll see a massive array of different betting options, from the final score through to fun prop bets. The odds will change as the match progresses, and you can place a bet at any time.

Teams qualify for the Champions League by finishing high enough in their domestic league. Some countries just get one spot, while the bigger nations get spots for their top four teams. Any team winning the Champions League also qualifies for the next tournament, as does any team winning the Europa League.

As with all other types of betting, this really depends on the amount you're prepared to gamble, as larger bets lead to larger potential prizes. There have been instances where gamblers have won tens of thousands via parlay bets, however this doesn't happen too often.