Carabao Cup – EFL Cup BSI

Carabao Cup Odds & Betting Favourites 2023/24 – EFL Cup

In this post we have the Carabao Cup odds for you along with a rundown of all the betting favourites and their chances at winning this trophy.

The 23/24 League Cup is the 64th season of the tournament. The competition is open to all clubs participating in the Premier League and the English Football League.

The winner of the competition will qualify for the play-off round of the 2024–25 UEFA Europa League.

Manchester United are the defending champions having beaten Newcastle United 2–0 in the previous season’s final.

Carabao Cup Betting Odds

Carabao Cup Odds

Team Odds Chance
Man City 10/3 23.1%
Man United 7/1 12.5%
Liverpool 7/1 12.5%
Arsenal 7/1 12.5%
Newcastle 10/1 9.1%
Chelsea 10/1 9.1%
Tottenham 12/1 7.7%
Brighton 14/1 6.7%
Aston Villa 16/1 5.9%
West Ham 20/1 4.8%

Carabao Cup Betting Favourites

Manchester City 10/3

Man City unsurprisingly are favourites this season to win the one trophy that eluded them last season. Despite their victories in the three other competitions the League Cup was the one separating them from a historic quadruple.

EFL Cup Results 2022/23

The club scored five goals and conceded four goals in the competition last season before being knocked out at the Quarter-Final stage shockingly by Southampton.

Third Round – Man City 2-0 Chelsea

Fourth Round – Man City 3-2 Liverpool

Quarter-Final- Southampton 2-0 Man City


They may have lost Gundogan on a free transfer to Barcelona, but he was aptly replaced with their signing of Kovačić.They have also brought in defender Joško Gvardiol from RP Leipzig for £77,500,000 and with the likes of De Bruyne, Haaland and co remaining they could be even targeting a quadruple this year!

If they do they win this competition they will draw level with Liverpool for League Cup wins with nine.

Manchester United 7/1

Erik ten Hag had a positive first season as Manchester United manager returning the club to the Champions League with a third-place Premier League finish along with a runners-up finish in the FA Cup. They are also of course the defending EFL Cup champions having won their first-ever trophy under ten Hag in the competition.

EFL Cup Results 2022/23

Their run to the title last year was as follows:

Third Round – Man United 4-2 Aston Villa

Fourth Round – Man United 2-0 Burnley

Quarter-Final- Man United 3-0 Charlton

Semi-Fina Leg One – Nottingham  Forrest 0-3 Man United

Semi-Fina Leg Two – Man  United 2-0 Nottingham Forrest

Final – Man United 2-0 Newcastle


Manchester United are expected to be even stronger this season following the additions of Mason Mount, Andre Onana and Rasmus Højlund. A victory would take them to 7 titles, just one behind Man City and two behind Liverpool.

Arsenal 7/1

Mikel Arteta deserves plaudits for the job he has done since becoming Arsenal manager back in 2019. He has brought the side from a fifth place finish in 21/22 to a second-place finish and a title challenge for much of the 22/23 season. However, they could be criticised for abandoning their campaigns in the other competitions.

EFL Cup Results 2022/23

Their 22/23 League Cup run was as follows:

Third Round –Arsenal 1-3 Brighton


Arsenal, seemingly hell-bent on bringing on their side further this season, have gone big with their recruitment spending roughly £208.6 million (excluding undisclosed figures) on Kai Havertz, Jurrien Timber and Declan Rice.

If they win the League Cup this season it will be their third successive in the competition going level with Leicester City, Arsenal have also been runners-up in the competition six times which is more than any other side and once more than their local rivals Tottenham.

Liverpool 7/1

Liverpool had a disappointing season last season; they entered the season as EFL Cup and FA Cup champions but were disappointingly dumped out of the League Cup by Man City at the Fourth-round stage 3-2.

EFL Cup Results 2022/23

Their run was as follows:

Third Round – Liverpool 0-0 Derby (3-2 penalties win)

Fourth Round – Man City – 3-2  Liverpool


However, with the additions of Alexis Mac Allister and Dominik Szoboszlai and the departure of an ageing core with Milner, Keita, Chamberlain, Henderson, Fabinho and striker Firmino all leaving the club.

Liverpool will be looking to go a lot deeper in the competition this season and if they can win it they will stay top of the EFL Cup winners table with ten victories and four runners-up finishes in front of closest challengers Man City who have eight wins and have been runners-up once.

Chelsea 10/1

Chelsea had a horrible 22/23 season having finished 12th which was their first time in the bottom half of the table since the 95/96 season when they were managed by Glenn Hoddle. That dismal season was no surprise given that the club was in a constant state of turmoil having gone through so many managers.

EFL Cup Results 2022/23

Their League Cup run was as follows:

Third Round – Man City 2-0 Chelsea


Pochettino inherited an extremely large squad and despite seeing seventeen players go out the door for this season already through varying degrees, they’ve brought in a further six signings for over £200 million which brings their total expenditure to over £800 million in the last two season and counting!

Can Poch change their fortunes? They certainly can’t get much worse! If they were to win the League Cup it would be their first since their 14/15 success and they would go clear of Aston Villa for titles and exactly level with Man United with six wins and four runners-up finishes.

Newcastle 10/1

Newcastle United are on an upward trajectory, Eddie Howe has done an excellent job thus far leading them from an 11th-place finish last season to qualifying for next season’s Champions League after a 4th-place finish in the league last season.

The highlight of that season might have been their run to the 22/23 EFL Cup final where they eventually lost to Man United.

EFL Cup Results 2022/23

Their full League Cup run was as follows:

Second Round – Tranmere Rovers 1-2 Newcastle

Third Round – Newcastle 0-0 Crystal Palace (3-2 penalties)

Fourth Round –Newcastle 2-0 Bournemouth

Quarter-Final- Newcastle 2-0 Leicester City

Semi-Final Leg One –Southampton 0-1 Newcastle

Semi-Fina Leg Two –Newcastle 2-1 Southampton

Final – Man United 2-0 Newcastle


Despite their disappointment in the EFL Cup final last season, along with the added strain of having Champions League football, the next step in the Newcastle trajectory will be to win a trophy. I’d suspect they could even win it this season if things fall into place especially with the additions of Harvey Barnes and Sandro Tonali.

If they were to win the League Cup it would be their first ever win in the competition having come runners- up in 1976 and 2023.

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Carabao Cup Odds 2023 24

*Prices Subject To Fluctuation

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