With Europa League Matchday 4 complete, Benfica have emerged as outright favourites after winning all four of their opening matches. Bournemouth have also maintained their perfect record, while Bayer Leverkusen suffered their first defeat against Marseille. As the league phase reaches its halfway point, which clubs look capable of going all the way to the final in Frankfurt?
Europa League Winner Odds 2026/27: Benfica New Favourites
- Europa League winner odds 2026/27
- Which teams could challenge for the trophy?
- Our Europa League prediction
REUTERS/Manon Cruz
The strongest squad on paper doesn't always lift the trophy...
We compare the latest Europa League winner odds, assess the leading contenders and the Premier League clubs’ chances, and revisit our pre-season prediction.
At Oddspedia, you can compare the latest football odds throughout the season and find bookmakers covering the competition through our guide to the best football betting sites.
Europa League winner odds 2026/27
The table below compares the latest favourites in the Europa League winner odds.
| Team | Odds | Decimal odds | Implied probability |
|---|---|---|---|
 Benfica |
7/2 | 4.50 | 22.22% |
 Bournemouth |
5/1 | 6.00 | 16.67% |
 Bayer Leverkusen |
5/1 | 6.00 | 16.67% |
 Juventus |
7/1 | 8.00 | 12.50% |
 AC Milan |
16/1 | 17.00 | 5.88% |
 Union Saint-Gilloise |
16/1 | 17.00 | 5.88% |
 Crystal Palace |
25/1 | 26.00 | 3.85% |
 Real Sociedad |
25/1 | 26.00 | 3.85% |
Odds provided by bet365, accurate as of 9 November 2026.
Our Europa League accumulator tips cover selections from each round of fixtures throughout the competition.
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Europa League winner odds latest update
9 November 2026: Benfica are the new outright Europa League favourites at 7/2 after beating Lech Poznan 3-1 to maintain their perfect record through four matches. Bournemouth also remain unbeaten following their win at Sparta Prague, while Bayer Leverkusen suffered their first defeat at home to Marseille.
5 November 2026: Europa League Matchday 4 gets under way today, with Bayer Leverkusen and Benfica remaining joint favourites at 9/2. Bournemouth are unchanged at 6/1, while AC Milan have shortened from 18/1 to 12/1. Juventus have drifted from 6/1 to 7/1 ahead of the latest round of fixtures.
UEL winner odds analysis
The early Europa League favourites
REUTERS/Rodrigo Antunes
Benfica are now the outright Europa League favourites at 7/2 after beating Lech Poznan 3-1 to make it four wins from four. Bayer Leverkusen lost their perfect record with a 1-0 home defeat to Marseille, while Bournemouth continued their impressive start with a 3-1 comeback victory away to Sparta Prague.
Juventus also strengthened their position with a 2-1 win at AZ Alkmaar, taking them to ten points from four matches. The Italian side recovered from their 2-2 draw against Rennes on Matchday 3 and remain among the leading contenders for the trophy.
AC Milan’s campaign has been considerably less convincing. After defeats to Benfica and Bournemouth, they suffered another setback with a 2-0 home loss to Ferencvaros, leaving them with just three points from four fixtures. Their only victory remains the 4-0 win away to Salzburg.
Leverkusen were Europa League runners-up in 2023/24 and have experience of reaching the latter stages, but their defeat to Marseille raises questions about their consistency. Benfica and Bournemouth have yet to drop a point, with the latter making an impressive start to their first European campaign.
The chasing pack
Union Saint-Gilloise have emerged as serious contenders after beating Celta Vigo 2-1 away from home. The Belgian side have taken ten points from four matches, including a 4-0 victory over Hapoel Beer Sheva, and are now among the leading teams in the outright market.
Real Sociedad followed their emphatic 6-0 victory at Lillestrom with a 1-1 home draw against Lyon. They have five points from four matches after a difficult opening defeat to Bournemouth, while Celta Vigo remain on three points following their loss to Union Saint-Gilloise.
Can the Premier League clubs win the Europa League?
REUTERS/Annegret Hilse
Bournemouth have won all four league-phase matches, beating Real Sociedad, Sturm Graz, AC Milan and Sparta Prague. Their latest victory required a second-half comeback, with three substitutes scoring to secure a 3-1 win in Prague. Twelve points from four matches have established them as one of the strongest teams in the competition.
Sunderland suffered their first European defeat with a 2-0 home loss to Dinamo Zagreb, leaving them on seven points. Crystal Palace also dropped points after drawing 1-1 against Hoffenheim, although Daichi Kamada’s late equaliser rescued a result for the ten-man Eagles. Palace now have five points from four matches and can still draw confidence from winning last season’s Conference League.
Bournemouth have made the strongest start of the three Premier League representatives, but squad depth and domestic commitments could become increasingly important. Sunderland are also among the teams in the Premier League relegation odds, underlining the challenge of balancing European ambitions with their domestic form.
Which other teams could challenge for the Europa League?
Lyon followed their 3-0 defeat at Hoffenheim with a 1-1 draw away to Real Sociedad, taking them to seven points from four matches. Besiktas also have seven points after losing 3-2 at Celtic, having previously beaten Marseille and Hoffenheim before drawing with Crystal Palace.
Marseille finally secured their first league-phase victory with a surprise 1-0 win away to Bayer Leverkusen. After losing their opening three fixtures, the result offers a platform to rebuild their campaign, although they still have considerable ground to make up.
Olympiacos remain unbeaten after a goalless draw away to Rennes, giving them ten points from four matches. Ferencvaros have also made a perfect start, with their 2-0 victory at AC Milan extending their winning run to four matches and establishing them as another team worth watching.
For comparison with Europe’s leading club competition, you can also follow our latest Champions League winner odds.
Europa League winner odds prediction
AC Milan to win the Europa League (15/2 ▲ 16/1)
AC Milan were my original prediction at 15/2, but their Europa League campaign has been disappointing so far. A 2-0 home defeat to Ferencvaros on Matchday 4 was their third loss in four matches, following earlier setbacks against Benfica and Bournemouth. Their only victory remains the 4-0 win away to Salzburg.
Milan still have opportunities to recover, although their remaining fixtures include difficult tests against Olympiacos and Sunderland. Matches against Levski Sofia and Ararat-Armenia could offer chances to collect points, but they can afford few more mistakes if they want to secure a favourable knockout position.
With just three points from four matches, Milan face an uphill task to finish in the top eight and avoid February’s knockout play-offs. Their performance in Salzburg showed the attacking quality they possess, but three defeats have exposed their inconsistency. I’m sticking with my pre-season selection for now, although they need a considerable improvement to justify that confidence.
If you are backing an outright selection, it is also worth checking the latest betting offers before placing a bet, as promotions and terms differ between bookmakers.
UEFA Europa League winner odds in full
The table below covers each team in the latest Europa League winner odds market.
| Team | Odds | Decimal odds | Implied probability |
|---|---|---|---|
| Benfica | 7/2 | 4.50 | 22.22% |
| Bournemouth | 5/1 | 6.00 | 16.67% |
| Bayer Leverkusen | 5/1 | 6.00 | 16.67% |
| Juventus | 7/1 | 8.00 | 12.50% |
| AC Milan | 16/1 | 17.00 | 5.88% |
| Union Saint-Gilloise | 16/1 | 17.00 | 5.88% |
| Crystal Palace | 25/1 | 26.00 | 3.85% |
| Real Sociedad | 25/1 | 26.00 | 3.85% |
| Besiktas | 25/1 | 26.00 | 3.85% |
| Olympiacos | 25/1 | 26.00 | 3.85% |
| Sunderland | 33/1 | 34.00 | 2.94% |
| Lyon | 33/1 | 34.00 | 2.94% |
| TSG Hoffenheim | 40/1 | 41.00 | 2.44% |
| Rennes | 40/1 | 41.00 | 2.44% |
| Ferencvaros | 40/1 | 41.00 | 2.44% |
| AZ Alkmaar | 50/1 | 51.00 | 1.96% |
| Celta Vigo | 66/1 | 67.00 | 1.49% |
| Marseille | 80/1 | 81.00 | 1.23% |
| Anderlecht | 80/1 | 81.00 | 1.23% |
| NEC Nijmegen | 100/1 | 101.00 | 0.99% |
| Dinamo Zagreb | 100/1 | 101.00 | 0.99% |
| Celtic | 150/1 | 151.00 | 0.66% |
| Levski Sofia | 200/1 | 201.00 | 0.50% |
| Viktoria Plzen | 250/1 | 251.00 | 0.40% |
| FC Salzburg | 250/1 | 251.00 | 0.40% |
| Sparta Prague | 350/1 | 351.00 | 0.28% |
| SK Sturm Graz | 350/1 | 351.00 | 0.28% |
| NK Celje | 500/1 | 501.00 | 0.20% |
| Torreense | 500/1 | 501.00 | 0.20% |
| OFI Crete | 500/1 | 501.00 | 0.20% |
| Omonia Nicosia | 500/1 | 501.00 | 0.20% |
| Jagiellonia Bialystok | 750/1 | 751.00 | 0.13% |
| Lillestrom | 1000/1 | 1001.00 | 0.10% |
| Lech Poznan | 1000/1 | 1001.00 | 0.10% |
| Hapoel Beer Sheva | 1500/1 | 1501.00 | 0.07% |
| Ararat Armenia | 2000/1 | 2001.00 | 0.05% |
Odds provided by bet365, accurate as of 9 November 2026.
How does the 2026/27 Europa League work?
The Europa League uses a 36-team league phase, with each club playing eight different opponents. Every team has four matches at home and four away, with all 36 clubs ranked together in a single table.
The top eight qualify directly for the round of 16. Teams finishing ninth to 24th enter a two-legged knockout play-off, while those finishing 25th or lower are eliminated from European competition.
Finishing inside the top eight can therefore be important for outright contenders, as it removes an additional knockout round and reduces the number of fixtures needed to reach the final.
Europa League dates 2026/27
| Stage | Date |
|---|---|
| League phase begins | 16 September 2026 |
| League phase ends | 28 January 2027 |
| Knockout phase play-offs | 18 and 25 February 2027 |
| Round of 16 | 11 and 18 March 2027 |
| Quarter-finals | 8 and 15 April 2027 |
| Semi-finals | 29 April and 6 May 2027 |
| Final | 26 May 2027 |
Europa League winner odds FAQs
Who are the favourites to win the Europa League in 2026/27?
Benfica are the outright favourites to win the 2026/27 Europa League at 7/2 after winning all four of their league-phase matches. Bournemouth and Bayer Leverkusen follow at 5/1, with Bournemouth also maintaining a perfect record while Leverkusen suffered their first defeat against Marseille. Juventus are next at 7/1, ahead of AC Milan and Union Saint-Gilloise at 16/1.
How do Europa League winner odds work?
Europa League winner odds are an outright betting market on which club will lift the trophy at the end of the competition. Your selection must win the final for the bet to succeed, regardless of its league-phase position or whether it qualifies directly for the round of 16. Prices can change after results, injuries, draws and other developments, so compare current odds before betting.
Which English clubs are in the Europa League in 2026/27?
Bournemouth, Crystal Palace and Sunderland are the three English clubs competing in the 2026/27 Europa League league phase. Bournemouth are making their first appearance in a major European competition and have won all four matches, while Sunderland have seven points after suffering their first defeat against Dinamo Zagreb. Palace have five points from four fixtures and bring recent European experience after winning the Conference League last season.
How does the league phase affect Europa League winner odds?
Each club plays eight matches against different opponents in the 36-team Europa League league phase, with all teams ranked in one table. The top eight qualify directly for the round of 16, while those finishing ninth to 24th enter a two-legged knockout play-off. Avoiding that additional round can help an outright contender, although finishing higher in the league phase does not guarantee a favourable knockout draw.
Where can I compare the latest Europa League odds?
Oddspedia compares Europa League odds from bookmakers throughout the season, including outright winner markets and prices for individual matches. Bookmakers can offer different prices on the same club, and those prices may move following results, injuries or the knockout draw. You can also check available free bets and other promotions before betting, but review eligibility requirements, qualifying markets and offer terms carefully.
Stuart Brown
