Betting Special: Can PSG rival Real Madrid, Barcelona and Bayern Munich in the Champions League?

Last season Real Madrid began their Champions League campaign as holders but not as favourites, part of the reason being that history was against Zinedine Zidane's side. No team had successfully defended the title in the tournament's current format, yet Los Blancos' victory over Juventus in this year's final in June saw them make history in claiming back-to-back triumphs.

It is perhaps unsurprising, therefore, to find the Spanish champions installed as favourites at the start of this season's competition, with dabblebet offering them at 4/1 (5.00) to win their fourth European Cup in five years.

Zidane boasts one of the most complete squads in the world, with the likes of Marco Asensio and Isco offering the manager plenty of attacking options in addition to the forward trident of Cristiano Ronaldo, Karim Benzema and Gareth Bale.

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Barcelona's forward trio has changed over the summer too with Neymar being replaced by Ousmane Dembele. The signing of the young Frenchman was important to the Catalans both on and off the pitch with Ernesto Valdverde's side offered at 13/2 (6.50), the same price as two other clubs.

While the market for the Champions League usually sees Real Madrid, Barcelona and Bayern Munich as the three clear ante-post favorites, this season they have been joined by Paris Saint-German with the Ligue 1 side also offered at 13/2 (6.50) along with the Barca and Bayern.

The Parisian outfit have made some major moves in the transfer market and while claiming their domestic title will be seen as the bare miniumum requirement, this year PSG simply must improve in Europe with the side aiming to make it past the quarter-finals for the first time.

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Two neighbours with managers who know what it takes to win this tournament come next in the betting with Manchester City and Manchester United each offered at 10/1 (11.00). Both Pep Guardiola and Jose Mourinho have won the Champions League twice and of the two, it is Mourinho's United who have made the more impressive start to the season. Nevertheless, United will be wary of their seemingly straightforward looking group, which pits them against both Basel and Benfica who both finished above them the last time they were in a group together in 2011.

English champions Chelsea are priced at 16/1 (17.00) while Atletico Madrid, who have made the semi finals in three of the last four seasons, are priced at 18/1 (19.00). Liverpool, meanwhile, also are offered at 18/1 (19.00) and the Merseysiders should be able to get out of their group pretty comfortably. Tottenham, for their part, face an uphill challenge to progress from their group alongside Real Madrid and Borussia Dortmund with the north Londoners drifting considerably after the draw to 40/1 (41.00).