| Bookie | Selection | Best Odds | Market | Bet |
|---|---|---|---|---|
![]() |
Chelsea | 8/1 | Ante Post
Outright Winner |
Place Bet |
![]() |
Newcastle United | 20/1 | Ante Post
Each Way |
Place Bet |
Date of Tips: 06/08/2026
Disclaimer The odds for these selections were correct at the time of publishing (12:35 06/08/2026) but may have changed since. Please check the latest price before placing your bet.
Arsenal head up the EFL Cup outright ante-post market going into 2026/2027, despite losing to Manchester City in the 2026 final at Wembley. City are looking to win a ninth League Cup.
Pep Guardiola, the most successful manager in the competition’s history, has also left the club, with eight other English Premier League teams also having new managers at the start of the season. That means there’s plenty of interest in the EFL Cup future betting markets, as it’s a wide-open competition.
This page is your one-stop shop for EFL Cup betting tips, showcasing the latest Carabao Cup winner odds, where we see the value and what trends are worth considering. The 2026/2027 final is set for Sunday, March 21, 2027, so there’s a lot of football to be played.
The current prices for the EFL outright winner are quite close, with bookies giving a good chance to many of the top contenders. Here’s a look at the current favourites:
With so many teams priced similarly in the League Cup odds markets, it’s hard to pinpoint which will come out on top. Here’s a quick breakdown of the main contenders:
At the top of the betting for the Carabao Cup are the most recent Premier League champions. They’ve been extremely consistent in recent EFL Cups, losing out in the past two finals.
Mikel Arteta is now the longest-serving manager in the Premier League, and he’s shown a desire to chase every trophy, with a squad that’s created to be able to compete on multiple fronts.
There is a demanding Champions League schedule that can result in wholesale changes during midweek EFL Cup rounds, which is when shocks tend to happen.
The current holders still have the deepest squad out of all the teams. There are doubts about what will happen in the post-Pep era. Bettors will be closely watching the early rounds to see how seriously new manager Enzo Maresca takes the competition compared to his predecessor. A full Champions League campaign could push him towards heavy rotation.
Liverpool is still the competition’s most successful club, having captured 10 titles over the years and being runners-up as recently as 2025. New boss Andoni Iraola arrives from Bournemouth, where his side had early exits from this competition in consecutive seasons. This is a warning sign that Iraola won’t be giving too much priority to the competition, despite the strong Liverpool squad.
The strongest value in the EFL outright betting market is Chelsea. It’s built an enormous squad in recent years, so there’s plenty of depth to rotate. Add in some exciting young talent and a hungry new manager in Xabi Alonso, who placed a big emphasis on cup competitions during his time in charge at Bayer Leverkusen.
The lack of European commitments also means that Chelsea can focus much more on this domestic competition. Runner-up finishes in 2022 and 2024 show that the appetite is there.
Michael Carrick’s first full season is highly anticipated, as pundits wait and see if his performance last season was just a flash in the pan or a sign that he’s actually able to turn things around at Old Trafford.
United won the competition in 2023 under Ten Hag, but a return to the Champions League will restrict the squad, and last season’s memory of an embarrassing early exit in the second round to fourth-tier side Grimsby still lingers. A lively outsider rather than a confident play.
Recent history shows that a non-elite side can win the EFL Cup. Newcastle lifted the trophy in 2025, ending a decades-long drought. They could be there or thereabouts again this season, despite losing some key players in outgoing transfers, like Sandro Tonali and Anthony Gordon.
Tottenham and Aston Villa are other dark horses, with the draw being a big factor in whether they can build a strong run and build momentum as the competition goes on.
Our approach is to create a small profile of bets and not just have a single punt on the competition. With so many new managers at the start of this season for big clubs, there are no certainties.
Arsenal (around 5/1): The reigning Premier League champions and beaten finalists in this competition last season. There’s a stable setup under Arteta. The only caveat is Champions League football, which usually means heavy rotation in the early EFL Cup rounds.
Chelsea (around 8/1): Chelsea fits the classic EFL Cup profile of having a huge squad with expensive fringe players and academy stars trying to make a name for themselves. New manager Xabi Alonso has a serial winner’s mentality, and the lack of any European football this season means that Chelsea will be putting a lot more focus into this competition.
Newcastle (around 20/1): Newcastle tick two boxes that matter most in this market. First, they’ve got a good pedigree in the competition, having won in 2025, so much of the squad knows how to go deep. They’re also currently not in Europe for the 2026/2027 season, which means that squad rotation won’t be an issue. The caveat is that Eddie Howe has departed after five years in charge, being replaced by Matthias Jaissle.
As the EFL Cup is unseeded, the bracket matters as much as the team. A favourite given three away trips to Premier League opposition is very different from one with a kind run. Here are some practical takeaways to consider:
The Carabao Cup, League Cup or EFL Cup is open to all 92 clubs across the Premier League, Championship, League One and League Two. It’s England’s second-biggest domestic knockout competition after the FA Cup.
The 2026/27 renewal is the 67th edition, and every round is set by a random unseeded draw. Clubs enter in waves based on where they finished and whether they are in Europe. Here’s the typical layout:
Every tie is now a single game until the two-legged semi-finals, with the final being a one-off clash at Wembley.
| Round | Dates |
|---|---|
| Preliminary Round | 1-2 August 2026 |
| Round One | Weekend of 7-9 August 2026 |
| Round Two | Week of 24 August 2026 |
| Round Three | Weeks of 7 & 14 September 2026 |
| Round Four (last 16) | Week of 26 October 2026 |
| Quarter-finals | Week of 14 December 2026 |
| Semi-final first legs | Week of 11 January 2027 |
| Semi-final second legs | Week of 1 February 2027 |
| Final (Wembley) | Sunday 21 March 2027 |
Sky Sports is the main rights holder for the 2026/27 EFL Cup in the UK and will show every match live across its channels and Sky Sports+. ITV will show at least nine games free-to-air across the season, including the final, on ITV and the ITVX streaming service. Sky’s coverage can also be streamed short-term through NOW.
Liverpool leads the roll of honour with a record 10 titles, followed closely behind by defending champions Manchester City with nine wins. Next on the roll of honour are Manchester United with six, while Chelsea and Aston Villa have five apiece. Here are the recent winners over the past 10 years:
| Season | Winner | Runner-up | Final |
|---|---|---|---|
| 2025/26 | Manchester City | Arsenal | 2-0 |
| 2024/25 | Newcastle United | Liverpool | 2-1 |
| 2023/24 | Liverpool | Chelsea | 1-0 (aet) |
| 2022/23 | Manchester United | Newcastle | 2-0 |
| 2021/22 | Liverpool | Chelsea | 0-0 (11-10 pens) |
| 2020/21 | Manchester City | Tottenham | 1-0 |
| 2019/20 | Manchester City | Aston Villa | 2-1 |
| 2018/19 | Manchester City | Chelsea | 0-0 (4-3 pens) |
| 2017/18 | Manchester City | Arsenal | 3-0 |
| 2016/17 | Manchester United | Southampton | 3-2 |
As you can quickly see, a big Premier League name has won the trophy since Swansea City beat Bradford City in the 2013 final, and the pre-season favourites convert often enough that longshots need a very clear reason why they’re worthy of backing. Newcastle’s 2025 win is a reminder that the chasing pack can prevail. Only 24 teams have won the competition over its lifetime.
With you now able to see what we think about the potential contenders for the 2026/2027 renewal, here are some general tips to keep in mind:
It means betting on the outright winner in advance. There’s no refund for early elimination.It means betting on the outright winner in advance. There’s no refund for early elimination.
Arsenal are the ante-post favourites, ahead of holders Manchester City and Liverpool. Value hunters are looking at sides with no European football, such as Chelsea.
Manchester City, who beat Arsenal 2-0 in the March 2026 final at Wembley to claim their ninth title.
Sunday, March 21, 2027, at Wembley Stadium.
Liverpool have a record 10 titles, which is one ahead of Manchester City.
Qualification for the Europa Conference League play-off round the following season.
Every game is on Sky Sports and Sky Sports+, with at least nine matches, including the final, being free-to-air on ITV and ITVX.