UEFA Champions League
April 30, 2024

7:00 PM

FC Bayern Munich - Real Madrid
May 1, 2024

7:00 PM

Borussia Dortmund - Paris Saint-Germain FC

UEFA Champions League Betting & Odds Online at Stake

The UEFA Champions League is the leading club football tournament on the planet, attracting viewers from all around the world as Europe's best teams compete for the most prestigious trophy in the sport.

When it comes to UEFA Champions League betting, you have several options at Stake.com, and you can back your favourite teams and players as they compete for European glory.

The competition has changed and evolved since its formation in the 1992-93 season, but it has long been football's leading club competition. Players and coaches see the Champions League as the Holy Grail and the pinnacle of their careers, which is why games in the competition are often so competitive and memorable.

Find out everything you need to know about Champions League betting and football betting at Stake online sportsbook and how to make a profit from placing wagers on football's premier club competition.

History of the UEFA Champions League

The UEFA Champions League was launched at the start of the 1992-1993 season, but it wasn't the first inter-continental European club competition. It was established to replace the European Cup, which had been going strong since the 1955-56 season.

The legendary Alfredo Di Stefano inspired Real Madrid to a comeback win over Stade de Reims in the first-ever European Cup Final in Paris. It was a sign of things to come as Los Blancos would go on to dominate the European football scene for the next 70 years.

The establishment of the UEFA Champions League was primarily for commercial reasons in the early nineties, as broadcasters saw an opportunity to capture the imagination of football fans worldwide with sleek branding, a unique structure, and even the iconic music associated with Europe's premier football competition.

Marseille were the first winners of the new UEFA Champions League in 1992-93, and they remain the only French team to have won the prize to this day. Given their prominence, however, it's only a matter of time until Kylian Mbappe fires PSG to their first-ever Champions League title, something you can bet on at Stake.com!

Format of the UEFA Champions League

Although the Champions League has been tweaked several times since the early nineties, the format has remained essentially the same. A complex seeding and qualification process begins in the summer, based on the co-efficient of the leagues within the European continent.

The main competition begins in September of each season once all the qualification spots have been filled. Teams qualify for the Champions League based on the position in which they finish in their domestic league, but not every league is given equal weighting.

For instance, the English Premier League offers automatic Champions League qualification to the top three teams (plus a playoff spot for the fourth team). At the same time, the Scottish Premier League only has one automatic qualification spot up for grabs. Every league in Europe has a different number of qualification spots, determined by UEFA.

Once the competition gets underway, each team enters a group of four teams, playing six fixtures, three at home and three away. The top two teams progress to the competition’s knockout stage, while the teams that finish third in their groups drop down into the UEFA Europa League.

Every knockout round fixture is played over two legs – one at home and one away – until the final, which is a single game played at a neutral venue. Until recently, an away goals rule featured in the competition’s knockout stages, but this has been removed to make things easier for coaches, players, and fans alike.

Typical Schedule & Teams Involved

The UEFA Champions League group stage plays out from September until December, meaning the knockout schedule is known before the winter break across Europe.

The competition’s knockout phase runs from February until May, and the final is either at the end of May or at the very start of June – it's always the last game on the European football calendar and serves as the end-of-season showpiece.

Due to the qualification and seeding process, the Champions League is competed by the biggest teams in Europe, with teams from England, Spain, Italy, and Germany typically dominating the latter stages of the tournament.

The UEFA Champions League has only been won three times by teams outside of Europe's big four leagues – Marseille in 1992-93, Ajax in 1994-95, and Porto in 2003-04.

Before vast amounts of money flowed into the big European football leagues thanks to TV money, it was common to see lower-ranked teams compete in the latter stages of the European Cup, adding more variety to the closing proceedings. Just look at Red Star Belgrade's triumph in 1990-91 and Steaua Bucuresti's win in 1985-86 as examples of this.

While still huge clubs in their respective countries, it's unlikely that such teams will win the European Cup anytime soon, given the exorbitant budgets available to teams in the big leagues in Europe.

When is the 2023-24 UEFA Champions League Season?

The qualifying stages for the2023-24 UEFA Champions League started in June 2023, with the group stage underway in September. The final will be held on June 1, 2024, at Wembley Stadium in London.

2023-24 Champions League Format & Schedule

Though many people think that the Champions League starts in September after the beginning of Europe’s major domestic leagues, the qualifying stages of the tournament actually kick off in June 2023, as we explain below.

Qualifying Stages

The UEFA coefficient determines the phase at which teams enter the Champions League. The qualifying phase is split into four rounds:

  • Preliminary round – 4 teams from San Marino, Andorra, Montenegro, and Iceland.

  • First qualifying round – 30 teams from the associations ranked 22nd – 51st in the coefficient.

  • Second qualifying round – 24 teams from associations 12-21.

  • Third qualifying round – 20 teams from associations 5-16.

The qualifying stages of the UEFA Champions League occur before the regular season begins and are a crucial part of the season for all competing teams.


Following the qualifying stages, 12 teams enter the playoffs for the chance to play in the Champions League proper. Each playoff tie is played over two legs, with each team playing once at home and once away. The team with the best aggregate score qualifies for the Champions League.

Group Stage

The group stage is the first official round of the UEFA Champions League. Thirty-two teams qualify for this phase, including the winner of the previous season’s Europa League and champions, runners-up, third-placed, and fourth-placed teams from various associations. This year’s group stage began on 19 September and runs until 13 December 2023.

At Stake.com, we offer expert tips, predictions and previews on the Champions League Group Stage so you can be fully equipped going into this stage of soccer season.

Group Stage Teams & Odds

The big names in European soccer enter the UEFA Champions League at the group stage, and it’s when the competition gets serious. Current holders Manchester City enter at this stage, as do their fierce city rivals Manchester United.

Leading teams from other nations also join the fun at this time, such as Harry Kane’s Bayern Munich, AC Milan, Inter Milan, Real Madrid, and Paris Saint-Germain.

In the group stage matches, each team plays every opponent once at home and once away, resulting in six games. The top two teams in each group then progress to the knockout stage, which begins after Christmas.

Knockout Stage

Known as the business end of European football, the knockout stage of the Champions League 2023-24 is scheduled for February 2024, with a round of 16. The match will be two-legged, with each team playing a home and away fixture.

Following the round of 16 are the quarter-finals in April and the semi-finals in May, which follow the same process.

The UEFA Champions League final is scheduled for June 1st, 2024, and will be held at London’s iconic Wembley Stadium.

Live Stream Champions League & In-Play Betting Options

Stake.com is the perfect place to watch live football, and you can live-stream some of the biggest fixtures in European soccer straight from your account dashboard.

Check for the upcoming fixtures available to live stream at Stake.com , and tune in to the match to watch the action unfold. Live streaming sports is free at Stake when you sign into your account.

You can then place a host of live bets as the action unfolds. For instance, you might bet on Declan Rice to be the first goalscorer for Arsenal in a Champions League group stage match, or you might fancy Jude Bellingham to pick up a caution while playing for Real Madrid.

You can also take advantage of our popular same-game multi-bet builder, a great option for watching the UEFA Champions League live.

At Stake.com, you’re guaranteed great odds and unbeatable promotions, so it’s the perfect place to bet on the UEFA Champions League this season.

When betting on the UEFA Champions League, please remember to gamble responsibly . You can refer to the Stake Safe guidelines for more details about how to stay in control while gambling online.

How to Bet on UEFA Champions League & Soccer Betting Types

When it comes to the types of bets for soccer on online betting sites, you have numerous options, including the following bet types:

Moneyline (Head to Head)

The easiest way to bet on the UEFA Champions League is to place a moneyline bet . Here, your only job is picking the winner of a fixture, which is a great way to get started. Don't forget that group-stage matches in the Champions League can end in a draw.

Correct score

Another Champions League betting option is correctly predicting a match’s score. For instance, you might think the home team will win 3-0 so that you can place a correct score bet accordingly.

Over/Under (Total goals)

Rather than picking a winner, you can place a totals bet on Champions League football. Here, you need to decide if more or fewer goals than the totals line set by Stake.com will be scored in the fixture.


As the Champions League often pits overwhelming favourites against underdogs, a handicap bet is a good option. It sees the favourites start the game with a handicap, while the underdogs begin the game with a head start.

Double result (1st half/full time)

Another popular Champions League bet is a double result wager. Your job is to place a wager on whom you think will win the first and the second half of a match, hence its name – a double result bet.

For more information on how to bet on UEFA Champions League, as well as tips and tricks, discover our soccer betting guide .

Live Betting for UEFA Champions League Games

In addition to the pre-game markets introduced above, you can also place several in-play bets on the Champions League.

Live betting options include markets like the next goalscorer, the number of corners, and the number of yellow cards. Stake.com is the perfect place for UEFA Champions League live betting, offering numerous markets when the action is already underway.

Champions League Betting Odds & Payouts

When it comes to Champions League betting at Stake.com, odds are given as fractions (3/1), decimals (3.0) or in the American format (+300). You can select how to see the odds by amending the settings in your Stake.com account.

When you bet online at Stake.com, you benefit from instant deposits and withdrawals, meaning you don't have to wait long for your payout to be processed.

Why bet on UEFA Champions League at Stake.com?

Stake.com is the perfect place for UEFA Champions League betting, with so many markets available to sports fans. Check out our comprehensive offering of Champions League betting markets before placing your bets to ensure you fully understand the different betting options available.

Also be sure to learn more about how to bet online with our elite betting tips , and keep up to date with the latest sports betting promotions to get the most out of your bets. So whether you're a sports betting expert, a casual soccer fan, or simply want to bet for fun. Stake sportsbook is the ultimate online betting site for live soccer matches, including Simulated Reality League games!

An interesting Fact About UEFA Champions League Betting

Did you know? Although the latter stages of the Champions League are usually dominated by teams from England, Spain, Germany, and Italy, Jose Mourinho caused a huge upset when guiding FC Porto to the title in 2003-04.

Porto were 50/1 at the start of the tournament to go the distance, and their triumph is a true underdog story in European football today.