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Pep Guardiola's reigning champions are being backed by the bookies to overturn Manuel Pellegrini's team in their own backyard on Wednesday, according to Paul Gough

An inconsistent Manchester City are set to start underdogs at home against defending champions Bayern Munich in the feature game on Wednesday night in the UEFA Champions League.

City have failed to get past the group stage of the Champions League in each of their past two campaigns and that was a key reason behind the sacking of Roberto Mancini at the end of last season, with former Malaga manager Manuel Pellegrini now in charge at Eastlands.

And while City's form has been up and down at domestic level so far this season, their 2013-14 Champions League campaign got off to a promising start with a 3-0 away win over Czech side Victoria Plzen.

However Bayern, who are unbeaten and sitting in second spot after seven matches in the Bundesliga, also recorded a 3-0 win on matchday one against the other team in Group D, CSKA Moscow.

It is the second time in three seasons the two clubs have been drawn in the same group and in the 2011-12 campaign both sides recorded 2-0 wins at home.

On Wednesday night it is Bayern who are the easing favourites - $2.10 out to $2.30 at bet365, while City are paying $3.40, with the draw listed at the same price.

But it's hard to know which Manchester City is going to turn up.

If the City side that recently thrashed arch-rivals Manchester United 4-1 in the EPL is on display then the home side are great value but you would not want to go anywhere near the side that lost limply to Aston Villa 3-2 last weekend and recently drew 0-0 away to battling Stoke.

Bayern, in contrast, are a model of consistency and heading into matchday two were the $4.50 favourites to become the first team since AC Milan in 1990 to win successive European Cups, while in contrast City were only on the equal fourth line of betting at $15.

It's hard to see Bayern getting beaten so they look a good bet in the draw no bet market at $1.57 with bet365 - where punters get their money back if the game ends in a draw.

City are priced at $2.25 in that same market but are certainly good enough to get a draw - which does look value at $3.40 while a 1-1 draw is the clear favourite in correct score betting at $6 and does look the most likely result.

As for first goalscorer markets, Bayern's Croatian striker Mario Mandzukic is the $5.50 favourite at bet365 ahead of Man City's Sergio Aguero at $6 but Bayern's superstar Dutch winger Arjen Robben is great value at $9.

Both City and Bayern are heavily favoured to qualify from Group D after dominant matchday one victories, with CSKA Moscow the $1.72 favourites at home to win the other match in the group on Wednesday night ahead of Plzen at $5.50.

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Juve and Real Madrid look certainties to win their Group B matches

 

Man United are tempting at $3 to win away at Shakhtar Donetsk while go for a 1-1 draw in the City-Bayern match at odds of $6 at bet365 in correct score betting.

In Group A, under-pressure Manchester United have been shunned by punters ahead of their tough trip to Ukrainian side Shakhtar Donetsk.

The home side are the $2.50 favourites while United have eased from $2.87 to $3 in the past 24 hours at bet365 with the draw paying $3.40.

But while United, under new manager David Moyes, have made their worst start to a season in 24 years - sitting 12th with just seven points from six matches - they soundly beat German side Bayer Leverkusen 4-2 on matchday one and are surely overdue to return to their usual form.

In the other game Leverkusen are the $1.75 favourites at bet365 at home to Spanish side Real Sociedad paying $5.25.

In Group B Real Madrid and Juventus are dominant favourites at $1.08 and $1.33 respectively at home against FC Copenhagen and Galatasaray at $34 and $11 respectively in what are shaping as lop-sided matches.

But in Group C while big-spending French club PSG should win at $1.80 at home against Benfica ($5), the other game looks a good betting match with Belgian side Anderlecht the $2.50 favourites at home against Greek club Olympiakos at $3 in a game where the draw looks the way to go at $3.40.

*Note prices subject to change

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