Despite playing in front of a home crowd at the Emirates, Arsenal comes into the first leg against Bayern as the large underdog for the second year in a row.
The Bayern juggernaut heads to London again looking to win its 10th straight match in all competitions and an astounding 20 in 21 games.
It played Arsenal at this stage last season, which was the closest a team came to giving the eventual champion a scare. Bayern's complaceny was evident in its second leg match at home but it ran over Arsene Wenger's side with a 3-1 result at Emirates Stadium in the opener exactly a year ago today.
Bayern is the overwhelming favourite to win outright, with William Hill pegging the German side at 1.70. The double result (Bayern to lead at half and win at the end) brings that up to 2.50, not bad value at all.
The Germans have not conceded a goal in their past four games, while scoring a blistering 16 in those matches. They went 5-1-0 (W-L-T) during the group stage and have pretty much wrapped up the Bundesliga with their 19-0-2 record.
They have conceded less than a goal per game in both domestic play as well as the Champions League, with a very impressive 0.52 goals allowed.
A draw result is possible but betting against this well-oiled machine is very difficult. They have not drawn a single competitive match in their last 20 games. If you want to take that, the odds are at 3.60.
The hosts are offered at 5.00 to win outright and will need big performances from their stars, especially German international Mesut Ozil, who knows Bayern and its players very well.
In the correct scorer marker, Mario Mandzukic is favoured by bookies to deliver a goal with odds of 1.91 available. However, despite leading the team in domestic play, he is not one of Bayern's top four goal scorers in this competition.
Instead, the best value comes in the form of Arjen Robben. His three goals are tied for tops on the team in the Champions League and is available at 2.75.