Real cut after semi-final draw
Real Madrid were the big winners in the Champions League semi-final draw and are now alongside Barcelona in the betting with several firms.
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While Barca were paired with Bayern Munich, Real drew Borussia Dortmund, the big outsiders of the four remaining teams.
Jose Mourinho's men were duly cut across the board for the trophy and are now joint 2/1 favourites with numerous layers.
bet365 go 11/5 about Real's chances. Barca are general 2/1 shots with the lesser-known bwin offering a fraction more.
Ladbrokes are out to 7/2 about Bayern going one better than last season, with Dortmund widely available at 13/2. Both German sides will be at home in the first leg.
Bayern Munich v Barcelona (Apr 24, Apr 30)
Borussia Dortmund v Real Madrid (Apr 23, May 1)
An all-Spanish final is regarded as most likely - William Hill and Paddy Power offer 13/10. Sky Bet are odds-on at 10/11.
"The dominance of Spain at an international level, is mirrored at club level and we believe there is a great chance we will see an all-Spanish final," said Hill's spokesman Rupert Adams.
An all-German final is out at 7/1 with Sky Bet.
Their Chris Spicer said: "While the Spanish sides are favourites, our book on which side will lift the trophy remains fairly evenly spread, with Barca not quite attracting their usual volume of support.
"Bayern were arguably the most impressive performers in the quarter-finals, making light work of Serie A leaders Juventus, while both Barca and Dortmund struggled and Madrid enjoyed a fairly fortuitous draw."
Barca are 8/13 to qualify with BetVictor and Sky Bet, with Bayern at 6/4 at Coral.
Real are 2/5 (BetVictor, Coral) to progress to the Wembley final from the other tie. Dortmund can be backed at 5/2 (Sky Bet).