With the draw for the quarter-finals and semi-finals now complete, the eight remaining teams now know their journey to Istanbul and the final of the 2022-23 Champions League.
Oddsmakers have also reacted to the draw, updating their markets to reflect the fixture list and put forth who they think have the best chance of not only making it to the final, but of winning the entire thing.
Defending champions Real Madrid are among the eight teams still in the hunt, but DAZN Bet have only given the Spanish club the fourth-best chance of raising the trophy in Istanbul. Madrid (7/1) have been paired up with 2020-21 winners Chelsea in the quarter-finals, and the English side have been giving equal odds to win (14/1) as Inter Milan and Benfica.
The Italian side given the best chance to win are Napoli (17/5), who have dominated in Serie A this season and cruised through the round of 16 with a 5-0 aggregate victory over Eintracht Frankfurt. This is in stark contrast to AC Milan, who have been given a 25/1 shot at winning following a nervy 1-0 aggregate last-16 victory over Tottenham.
While Milan are at the bottom of the bookie's list, Pep Guardiola's Manchester City are seen as the favourites to win outright. Despite never having won the tournament, the Sky Blues have be assigned 9/4 odds to stand victorious on June 10.
City face Bayern Munich (7/2) in the quarter-finals, and rather interestingly the Bundesliga giants and their Premier League opponents have been given the best two best odds of reaching the final despite facing each other in the upcoming round. Man City are 4/6 to reach the final, while Bayern are even at 1/1.
Outrights to win the 2022-23 Champions League
Via DAZN Bet, as of March 17, 2023.
| Manchester City | 9/4 |
| SSC Napoli | 17/5 |
| Bayern Munich | 7/2 |
| Real Madrid | 7/1 |
| Inter Milan | 14/1 |
| CF Benfica | 14/1 |
| Chelsea FC | 14/1 |
| AC Milan | 25/1 |