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La Liga Championship Odds: Real Madrid Tops Board, Barcelona Second

Lionel Messi of FC Barcelona celebrates scoring his side's third goal during the La Liga Santader match between FC Barcelona and Real Betis at Camp Nou on November 7, 2020 in Barcelona, Spain.

The race to become Spanish La Liga champions is afoot. After almost a quarter of the La Liga has elapsed, there are still no runaway favorites when it comes to winning the title. The latest La Liga winner odds have the most successful side in La Liga history, Real Madrid, as the favorite, but not by much, and the closing pack are seeing their odds tumble as bookmakers fear a surprise winner. 

We’ve taken our latest look at the current La Liga betting odds via Bovada to put together a preview of which sides have the best chance of claiming the title and qualifying for the Champions League in the 2021 season.

Let’s start with those all-important La Liga winner odds and then summarize our betting tips.

Odds to Win 2020-21 La Liga Title

2020-21 La Liga Odds
Real Madrid+110
Atletico Madrid+300
Real Sociedad+2500
Athletic Bilbao+25000
Real Betis+25000
Cadiz CF+75000
Celta Vigo+100000

Odds as of November 17 from Bovada

A Fall from Grace for Champions

It’s not just Real Madrid (+110) who have started the season in mixed form. Zinedine Zidane’s side has lost twice, but they are in illustrious company. The 2019-20 champions are joined by Barcelona by being outside the top three, and that hasn’t happened at this stage for many years.

Betting market patterns indicate that the La Liga winner odds have largely centered on Real Madrid and Barcelona in previous years, but even in 2014 when Atletico Madrid broke the mold by winning its first La Liga title since 1996, the market was limited to three teams almost the entire season. It was a three-horse race early on, but this season the La Liga betting odds are – like the form of the usually consistent Catalans and masterful Madrid – all over the place.

While many will still back Real Madrid for the title at +110 via Bovada, it’s tempting to wait a few more weeks, especially with the current form of teams above them, with each of the three sides above Los Blancos in the La Liga table having won their last three games.

In such an open season, the ruthless pursuit of Atletico Madrid (+300) and in particular their manager Diego Simeone may yet prevail. Los Rojiblancos haven’t lost a game yet, with five wins and two draws, and have two games in hand on the two teams higher than them in the table. A very interesting platform for a title charge, especially compared to their two most illustrious rivals.

Barcelona (+225) has won just three of its seven games so far, but while Ronald Koeman’s side has already dropped plenty of points and find themselves nine points off the top, Lionel Messi cannot quite be ruled out of ending the La Liga season as a champion, with Barcelona also having two games in hand on the leaders.

The Pacesetters in La Liga Betting Odds  

It’s easy to say with the benefit of hindsight, but the La Liga winner odds were always going to be slightly different in a season dominated by change, not just in terms of COVID-19, but the shift of power. Barcelona’s regeneration under Koeman gives an air of transition to proceedings, so which teams could take advantage?

Currently sitting at the top of La Liga after nine games are the unlikely pacesetters Real Sociedad (+2500). It doesn’t seem an eternity ago that David Moyes was in charge of the side that now has six wins from nine games. Led by the returning hero, David Silva, Sociedad is two points clear of Villareal (+6600), but that tells only half of the story. While Sociedad has scored 20 goals and conceded just four, Villareal has a goal differential of just four goals, possibly showing how marginal their hold on second position is as opposed to the leaders.

Of the two leaders, we would back Sociedad to last longer in their current position, not least because they have won their last five games in La Liga. That’s impressive form. Sociedad, the Madrid teams and Barcelona would be our picks for the four Champions League places. The order could take months to figure out.

The Relegation Battle

At the other end of the table, there are several teams for whom just remaining in next season’s list of La Liga betting odds would be a result they’d take right now. With Sevilla (+75000 to be relegated) on 10 points after only seven games, we think the current Europa League champions are safe, but what are the odds for the other teams under threat? Let’s take a look at the betting market for relegation from La Liga.

Odds to be Relegated from La Liga

2020-21 La Liga Relegation Odds
Cadiz CF+275
Celta Vigo+400
Athletic Bilbao+1800

Odds as of November 17 from Bovada

With Huesca (+150) currently winless at the bottom of the La Liga table, it would be easy to condemn them, but of their nine games, six of them have been drawn, and they are more resilient than their position alone displays them to be.

The La Liga betting odds for Athletic Bilbao (+1800), Celta Vigo (+400) and Valladolid (+165) appeal to us, with all three teams struggling in different ways. Bilbao may have won three times, but they have been beaten twice more than the bottom side and may prove a lucrative cash-out value later in the campaign.

With the La Liga betting odds and winner odds bound to change dramatically in the next fortnight, we’ll return at the end of the month to update our analysis on the latest odds and where your futures investments for La Liga should go. With big matches coming up, the fortunes of Real Madrid, their neighbors Atleti and Barcelona could directly influence your own fortunes if you invest wisely.

How to Read La Liga Odds

When you check out any soccer sportsbook, you’ll see odds laid out like so:

Barcelona +110

Real Madrid +120

In a traditional bet, you’d see the front-runner represented by the minus sign. However, in this case, the favorite is the team with the lowest odds and the rest are considered underdogs. Barcelona would be the fave here at +110.

Let’s say you’re looking at Real Madrid and believe they’ve got what it takes to win it all. If you were to bet $100 on them, you’d get a payout of $220 – your original bet of $100 is returned along with your winnings of $120.

Our Odds Calculator will show you how much you’d win based on the offered odds and amount wagered.

What is a La Liga Futures Bet?

Any bet that you make on an event that will happen in time is a futures bet. Now you’re probably saying, “But all bets are made before a game.” This is true; however, futures odds are released weeks or even months in advance.

When oddsmakers create the lines, they are not permanent and will shift as more games are played. If you see odds you like, it’s best to take them as soon as you can before the odds move so much they lose all value.