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The English Football League Cup, otherwise known as the Carabao Cup for sponsorship reasons, is one of three major domestic trophies available to clubs in England alongside the Premier League and the FA Cup.
All 72 clubs in the English Football League (EFL) and 20 clubs from the Premier League participate in the Carabao Cup, with teams competing in Europe only entering the competition in the third round. The first seven rounds follow a knock-out format while the semi-finals are contested over two legs.
The winners of the semi-finals will secure their place at Wembley for a chance to lift the Carabao Cup. While this competition has become synonymous with showcasing the next generation of players, there is an added incentive for clubs to field full strength teams as the champions earn automatic qualification to the Europa League.
You can find the latest Carabao Cup betting odds here at Paddy Power as 92 teams compete for one of the most historic pieces of silverware in English football.
From the first kick in August to the final kick under the Wembley arch, you can explore our EFL Cup betting markets throughout the season.
You can find the latest EFL Cup Odds here at Paddy Power. Choose from the outright market and pick a club you think can win the Carabao Cup or access our match odds on game night as teams go head-to-head under the floodlights.
As another option, you can also find in-play Carabao Cup odds on the Paddy Power site which lets you place a bet on an EFL Cup match after the referee has started the contest.
This gives you the chance to watch the early stages of the game unfold before placing your bet, helping you get a feel for which team might come out on top or whether there will be goals.
A £10 bet on Tranmere to beat Rochdale at odds of 2.2 would win you £ 22. A £10 bet on Rochdale at odds of 2.88 would pay out £ 28.8.
Keep this principle in mind when reading Carabao Cup odds: lower odds indicate a higher likelihood of a specific result, while higher odds imply a smaller chance of a particular outcome.
In short, lower odds mean potentially smaller returns but a higher likelihood of success, while higher odds offer the possibility for larger profits but with greater uncertainty.
Here are some of the best EFL Cup Betting markets available at Paddy Power for you to choose from.
Outright Winner: Bet on the team you think will lift the Carabao Cup at the end of the competition.
Match Result: Bet on the outcome of individual Carabao Cup matches, including win, lose, or draw.
First Goalscorer: Bet on which player will score the first goal of the match.
Both Teams to Score: Bet on whether both teams will score during a match.
Result and Both Teams to Score: Bet on the outcome of the match and whether both teams will score at least one goal during the game.
Method of Victory: Bet on how a match will be decided, whether in regular time, extra time, or penalties.
Over/Under Goals: Bet on the total number of goals scored in a match, either over or under a specific threshold.
Correct Score: Bet on the correct score of the match by predicting the precise number of goals each team will score.
To Qualify: Bet on which team will progress to the next round of the Carabao Cup after a knock-out match.
Here’s a full step-by-step guide to start your Carabao Cup bets at Paddy Power.
1. Log in or create your Paddy Power account, and place your deposit.
2. Under the ‘Most Popular’ heading on the top left of the website, select ‘Football’ - ‘Competitions’ - ‘English Football League Cup’.
3. There you can find all the betting markets available to you, most of which have been detailed above.
4. Choose which odds you fancy betting on. Select this and you’ll receive a virtual betting slip where you can enter your stake and place your bet.
5. Any winnings will be sent straight into your digital account, which you can withdraw or use for future bets
If you`ve got a hunch about who`s going to win and who`s going to lose in the English Football League Cup, have a punt on it! We`ve got odds on 36 fixtures in the English Football League Cup. There are a variety of upcoming fixtures on Saturday, 01 August in English Football League Cup that you can bet on.
Bet on Carabao Cup teams at any stage of the competition. With 20 Premier League clubs and 78 football leagues competing for one trophy, any one of them could be the last team standing.
Make sure to check out Paddy Power News Blog while the Carabao Cup is ongoing. You can keep up to date with all the latest odds, tips and predictions as the competition progresses.