Champions League 2025/26: Betting, Schedule & Matchday 3 Preview

England’s six representatives have made a mixed start to their respective 2025/26 Champions League campaigns over the past few weeks.

Arsenal are the only Premier League team with a perfect record after two games having defeated Athletic Club and Olympiacos without conceding a goal.

Read on as we look at the latest betting for the Champions League, before previewing what promises to be a fascinating third round of matches.

Champions League 2025/26 – Betting

The best online betting sites in the UK rate Paris Saint-Germain and Barcelona as the joint-favourites to lift the prestigious trophy on May 30.

Arsenal and Liverpool are next in the betting ahead of Real Madrid and Bayern Munich. Here are the latest outright odds:

• Paris Saint-Germain – 11/2
• Barcelona – 11/2
• Arsenal – 6/1
• Liverpool – 13/2
• Real Madrid – 9/1
• Bayern Munich – 9/1
• Manchester City – 10/1
• Chelsea – 16/1
• Inter Milan – 25/1
• Napoli – 28/1
• Newcastle United – 28/1
• Tottenham Hotspur – 33/1
• Atletico Madrid – 40/1
• Juventus – 40/1
• Borussia Dortmund – 50/1
• Atalanta – 66/1
• Bayer Leverkusen – 66/1
• Eintracht Frankfurt – 100/1
• Monaco – 100/1
• Marseille – 125/1
• Villarreal – 125/1
• Athletic Club – 150/1
• Sporting CP – 200/1
• Benfica – 200/1
• PSV Eindhoven – 200/1
• Club Brugge – 200/1
• Galatasaray – 200/1
• Union Saint Gilloise – 250/1
• Ajax – 250/1
• Olympiacos – 250/1
• FC Copenhagen – 350/1
• Bodo/Glimt – 500/1
• Qarabag – 500/1
• Pafos – 1000/1
• Slavia Prague – 1000/1
• Kairat Almaty – 2000/1

Champions League 2025/26 – Dates

• Matchday 1: September 16-18, 2025
• Matchday 2: September 30 – October 1, 2025
• Matchday 3: October 21-22, 2025
• Matchday 4: November 4-5, 2025
• Matchday 5: November 25-26, 2025
• Matchday 6: December 9-10, 2025
• Matchday 7: January 20-21, 2026
• Matchday 8: January 28, 2026
• Knockout phase play-offs: February 17/18 & 24/25, 2026
• Round of 16: March 10/11 & 17/18, 2026
• Quarter-finals: April 7/8 & 14/15, 2026
• Semi-finals: April 28/29 & May 5/6, 2026
• Final: May 30, 2026

Champions League 2025/26 – Matchday 3 Preview

Tuesday, October 21

• Barcelona vs Olympiacos
• Kairat Almaty vs Pafos
• Arsenal vs Atletico Madrid
• Bayer Leverkusen vs Paris Saint-Germain
• FC Copenhagen vs Borussia Dortmund
• Newcastle United vs Benfica
• PSV Eindhoven vs Napoli
• Union Saint-Gilloise vs Inter Milan
• Villarreal vs Manchester City

Wednesday, October 22

• Athletic Club vs Qarabag
• Galatasaray vs Bodo/Glimt
• Monaco vs Tottenham Hotspur
• Atalanta vs Slavia Prague
• Chelsea vs Ajax
• Eintracht Frankfurt vs Liverpool
• Bayern Munich vs Club Brugge
• Real Madrid vs Juventus
• Sporting CP vs Marseille

Arsenal will face a stern test of the Champions League credentials when they welcome Atletico Madrid to the Emirates Stadium on October 21.

Atletico were unfortunate to lose at Liverpool in their opening game, but subsequently recorded an emphatic home victory over Eintracht Frankfurt earlier this week.

Man City have picked up four points from their first two matches and will fancy their chances of adding to their tally at Villarreal on Matchday 3.

Newcastle United will bid to build on their impressive victory over Union Saint-Gilloise when they welcome Benfica to St James’ Park.

The Portuguese outfit are managed by former Chelsea boss Jose Mourinho, which adds an intriguing layer of theatre to watch promises to be an entertaining game.

Mourinho will likely have one eye on events at Stamford Bridge, as his old club goes head-to-head with Eredivisie giants Ajax.

Chelsea were defeated by Bayern Munich in their opening game, but bounced back to beat Benfica in their second match. They are strongly fancied to record another victory.

Tottenham Hotspur and Liverpool both face tricky away fixtures. Spurs visit Monaco, while Liverpool head to Germany to take on Eintracht Frankfurt.

Both sides will be desperate to bag positive results to boost their chances of securing automatic progression to the knockout phase of the competition.