Arsenal 12/1 to reach quarters
Arsenal are now 12/1 with Sky Bet to qualify for the Champions League quarter-finals after losing 2-0 in the first leg of their last-16 clash with Bayern Munich at the Emirates Stadium on Wednesday night.
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The Gunners saw goalkeeper Wojciech Szczesny sent off in the first half after record-signing Mesut Ozil had missed an early penalty and although Bayern also failed to score from their resulting spot kick, two goals after the break from Toni Kroos and Thomas Muller sealed a priceless away victory.
In Wednesday night's other game, Atletico Madrid claimed a narrow 1-0 win at AC Milan thanks to a late Diego Costa header and they're now 11/1 to become European champions. Sky Bet make the Spanish side 1/9 to progress to the next round, with AC Milan priced at 5/1.
Manchester City are now 66/1 from 10/1 for the trophy with Sky Bet following their 2-0 defeat to Barcelona on Tuesday night.
The Premier League title favourites were 2/1 to beat the La Liga leaders at the Etihad Stadium on Tuesday and confirmed their status as outsiders for the game after they went down to second-half goals from Lionel Messi and Dani Alves following a red card for Martin Demichelis.
Barcelona have now been cut from 9/2 to 10/3 second favourites in the outright betting.
The result means that Manuel Pellegrini's side can be backed at 16/1 with Sky Bet to qualify for the next round whereas Barcelona are 1/100.
Zlatan Ibrahimovic scored twice in PSG's 4-0 rout of Bayer Leverkusen and the Swede is now 13/8 at Sky Bet to be the top goalscorer in the competition this season.
Cristiano Ronaldo remains the favourite at 10/11 with Messi a 4/1 chance.
PSG are 9/1 in Sky Bet's outright betting, with Bayer Leverkusen regarded no hopers at 750/1.