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Spanish La Liga Odds, Top Goalscorers & Relegation Props

Atletico Madrid headline odds to win the 2020-21 La Liga.

The latest Spanish La Liga odds reflect the turnaround that has taken place in Spain over the past few months, with established superpowers Barcelona and Real Madrid both usurped by Atletico Madrid at the top of the table.

Before we tell you whether we think Atletico will hold on to its lead or if you should place your bets on either of its two main rivals, let’s check out the latest odds via Bovada.

Who Are The Favorites In La Liga Betting Odds?

2020-21 La Liga Odds
Atletico Madrid-300
Real Madrid+500
Real Sociedad+50000
Real Betis+150000
Granada CF+200000
Celta Vigo+250000
Athletic Bilbao+300000

Odds as of February 16 at Bovada

A Three-Way Title Race

After a poor early start for Barcelona (+500), the Catalans have recovered a little form in what is likely to be Lionel Messi’s final season wearing the famous red and blue stripes. Ronald Koeman’s side was the preseason favorite in La Liga odds as they looked to end the Argentine’s incredible stay at Camp Nou with a final La Liga title win.

Although the team has fought back of late, the bookmakers rightly don’t consider Barcelona to be a huge threat. Koeman’s team has an unreliable defence that has conceded 20 goals and it still lacks a little steel up front, despite being La Liga’s highest-scoring squad.

Ironically, that edge at the top of the pitch was provided by Luis Suarez in the 2019-20 season, but the Uruguayan was deemed surplus to requirements by Koeman and sold in the summer to Atletico Madrid (-300). That decision is looking like a pivotal one and has impacted the La Liga winner odds more than any other single factor. With 16 goals, Suarez is the top scorer on a team that currently sits eight points ahead of Barcelona with a game in hand.

The Forgotten Champions

It feels odd to be describing current champion Real Madrid (+500) as the “other” side in the three-way La Liga title race. There are several reasons for that status, however, and all of them are justified.

Manager Zinedine Zidane is under enormous pressure after a Champions League group stage qualification that owed a deal more to luck than judgment. Real has seen its La Liga winner odds lengthen over the course of the season to their longest yet due to profligacy in front of goal, too, with Los Blancos scoring just 39 goals in 22 games, two more than Atletico.

Where Has It Gone Wrong For The Galacticos?

Multiple injuries to Eden Hazard have contributed to a side in transition lacking reliable quality and having an aging midfield of Toni Kroos and Luka Modric not quite ready to hand over the reins to new players yet not good enough to dominate in the way they used to.

As it currently stands, we’d make Atletico the favorite, especially with games in hand. Having drawn their last La Liga game, we’d wait until their lead is trimmed as is likely, then back them because when the going gets tight, their two South American talismans in manager Diego Simeone and striker Luis Suarez can land Los Rojiblancos the La Liga title.

Who Will Be Relegated From La Liga?

This question is a lot harder to answer at present and provides some terrific La Liga betting odds opportunities. Before we pick three to go down, let’s look at the very latest La Liga relegation odds courtesy of our friends at Bovada.

2020-21 La Liga Relegation Odds
Athletic Bilbao+2800
Celta Vigo+6600
Real Betis+8000

Odds as of February 16 at Bovada

Which Three Teams Will be Relegated?

While Huesca (-200) is currently at the bottom of the table on just 16 points, it is actually Elche (-450) who is the bookies’ favorite for the drop. With Elche starting the weekend with two games in hand on the teams around them, why is that?

Well, for one, the La Liga betting odds can point to just three wins for Elche all season, a record that is better only than Huesca’s total of two victories. That said, Elche’s goal differential isn’t shocking and although their total of 18 goals is the second-lowest in the league ahead only of shot-shy Getafe (+2500), they have only conceded 28 goals, which is only eight more than Barcelona.

Of the two sides hovering around the final relegation place, Real Valladolid (EVEN) and Eibar (+125) both have difficult runs over the next few games. We can see both those sides joining Huesca in the trenches for the next few months, with Elche edging nearer to safety if it can take advantage of games in hand.

Who Will Win the Spanish Golden Boot?

Possibly the most fascinating race in the La Liga betting odds this season isn’t the battle to be champion or to avoid the drop but to be top goalscorer.

In a battle between two best friends, only one man can reign supreme ... but who will it be? Take a look at the latest La Liga top goalscorer odds. 

Odds To Be 2020-21 La Liga Top Scorer
Lionel MessiEVEN
Luis Suarez+150
Youseff En-Nesyri+600
Gerard Moreno+850
Karim Benzema+1000
Iago Aspas+2800
Mikel Oyarzabal+3300
Jose Luis Morales+4000
Antoine Griezmann+10000
Joao Felix+15000
Eden Hazard+25000
Paco Alcacer+25000
Vinicius Junior+25000

Odds as of February 16 at Bovada

As you can see, it is Luis Suarez (+150) and Lionel Messi (EVEN) who are head-to-head, with the former teammates for six years in the Catalan capital now on opposite sides of the title race and the chase to be the top scorer in La Liga too.

Friends off the pitch, Messi is three goals behind his longtime colleague and as long as that’s the case, we’d back Suarez to utilize that lead (and the game in hand) to maintain his edge until the end of the season, in the 18 games that remain.

With a fascinating battle to be La Liga winner, stay in La Liga or become top goalscorer for the 2020-21 season, we’ll be back to update the odds in the next few weeks after crucial games could swing the odds one way or the other.

Who’ll end up with the trophies in La Liga? The La Liga winner odds are bound to change with every game from now until the end of this thrilling and unique league campaign.

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.