Bets

2026 UEFA Champions League Semifinals Betting Preview

Bayern Munich and PSG should feature high-octane offense, while Atletico Madrid vs. Arsenal is set to be a tight, defensive clash.

Harry Kane celebrates after scoring a goal during Bayern Munich's win over Chelsea during Champions League group play in September 2025.
Photo by Maja Hitij/Getty Images

Just four teams remain in the hunt to be crowned champions of the 2025-26 UEFA Champions League. The semi-finals begin this week, as Paris Saint-Germain will face Bayern Munich, and Atletico Madrid will square off with Arsenal FC.

Bayern Munich enters as the favorite out of the four remaining teams to win the title, with +175 odds at Fanatics Sportsbook.

Below, we will dish out a betting preview of both first leg games.

Paris Saint-Germain vs. Bayern Munich
Date/location: Tuesday, April 28 at Parc des Princes, Paris, France
Start time/TV: 3 p.m. ET, CBS/Paramount+

PSG, the defending champions, is the Leg 1 favorite at Fanatics with +130 3-way moneyline odds against Bayern Munich. Bayern is +185. A tie is +280.

The two units have faced off twice in the past year, with Bayern winning 2-1 on Nov. 3, 2025 at the Parc des Princes, and Paris Saint-Germain winning 2-0 on July 4, 2025 in the quarterfinals of the Club World Cup.

In the more recent showdown, Luis Diaz scored two goals before he was given a red card in the seventh minute of added time in the first half. PSG finally got on the board in the 74th minute on a Joao Neves goal, but it proved to be too little, too late for Les Parisiens.

In the matchup between the clubs last summer, Desire Doue found the net in the 78th minute and Ousmane Dembele tallied an insurance goal to secure the PSG victory.

Bayern is a goal-scoring factory, having recently broken the Bundesliga record for goals in a season.

PSG, meanwhile, is the top possession team out of the four squads remaining.

For Tuesday’s match, Bayern’s Harry Kane is +120 for an anytime goal at Fanatics, while Dembele is +135 to find the net at any point.

The match has an Over/Under of 3.5 goals with juice on the Over.

The second leg for Bayern Munich versus Paris Saint-Germain is set for Wednesday, May 6 at Allianz Arena in Munchen, Germany.

PSG’s journey to the semi-finals included victories over Chelsea (8-2 Round of 16 aggregate) and Liverpool (4-0 quarterfinals aggregate). Bayern topped Atalanta (10-2 Round of 16 aggregate), and Real Madrid (6-4 quarterfinals aggregate).

Atletico Madrid vs. Arsenal
Date/location: Wednesday, April 29 at Riyadh Air Metropolitano, Madrid, Spain
Start time/TV: 3 p.m. ET, CBS/Paramount+

Arsenal is the Leg 1 favorite over Atletico Madrid, owning +150 3-way moneyline line odds. Atletico Madrid is +185. A tie is +220.

Both sides own elite defense, which is reflected in the odds at Fanatics Sportsbook. The Over/Under is 2.5 goals with juice on the Under.

Atletico Madrid’s defense did not look so hot on Oct. 15, 2025, when Arsenal blasted them by a score of 4-0 at Emirates Stadium in London.

Viktor Gyökeres led the way for Arsenal that day, scoring twice. Gabriel Magalhaes and Gabriel Martinelli also found the net in the blowout win for The Gunners.

Atletico Madrid’s Alexander Sorloth is the most likely goal-scorer for Wednesday’s affair as he is +200 at Fanatics. Gyökeres is the most likely player to find the net for Arsenal as he has a +230 price.

The second leg of Arsenal versus Atletico Madrid is scheduled for Tuesday, May 5 in London.

Atleti edged Tottenham (7-5 aggregate Round of 16) and Barcelona (3-2 aggregate quarterfinals) to reach this round.

Arsenal beat Leverkusen (3-1 Round of 16 aggregate) and Sporting CP (1-0 quarterfinals aggregate) to get to the semifinals.


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