Oddsmakers firmly believe the UEFA Champions League crown either won’t leave Spain or will head to Germany.

Serving as the last three teams to claim Europe’s most coveted title, Barcelona, Bayern Munich, and defending champion Real Madrid are considered the top favorites to claim Champions League following Thursday morning’s group stage draw.

The Catalans, armed with the lightning-in-a-bottle attacking trio Lionel Messi, Luis Suarez, and Neymar, lead the highest tier of favorites at +300, followed by Bundesliga’s Munich at +400 and Cristiano Ronaldo’s Madrid at +500, according to odds from sportsbook Bovada.lv.

Serie A’s Juventus lead the second tier of favorites at +1000, with Premier League’s Manchester City next up at +1200, and last season’s runner-up Atletico Madrid at +1400.

Leading off Group C, which has already been slapped with the unfortunate label of “Group of Death,” Barcelona will have to battle City for one of the top two seeds in order to advance but may not have trouble with groupmates Borussia Monchengladbach (a long shot at +15000) and Scotland’s Celtic at +35000. The Catalans failed to defend their 2015 and fell to Atletico in the quarterfinals last season.

Munich, who’ve faced little trouble on the domestic front and won Bundesliga four years running, will battle Atletico as well as the Netherlands’ PSV Eindhoven and Russia’s Rostov in Group D. It was Atletico that outdueled the German titans 2-2 on aggregate last year.

The reigning titleholder Los Blancos share Group F with 2012-13 finalist Borussia Dortmund, as wells as Portugal’s Sporting Lisbon, and Poland’s Legia. Ronaldo and company have reached the semifinals for six straight tournaments, claiming two championships in that span.

Meanwhile, oddsmakers have given Arsenal and Tottenham better odds than reigning Premier League champ Leicester City. The Gunners have the best chance of any English team at +2500, with Spurs next up at +3300 and then Leicester at +4000. No English team has claimed Champions League since Chelsea beat Munich in the 2012 finals.

Dinamo Zagreb, FC Copenhagen, Ludogorets, and Rostov are listed as the biggest long shots at +50000.

Odds To Win 2016-17 Champions League

Barcelona +300

Bayern Munich +400

Real Madrid +500

Juventus +1000

Manchester City +1200

Atletico Madrid +1400

Paris Saint-Germain +1400

Borussia Dortmund +1600

Arsenal +2500

Tottenham +3300

Leicester City +4000

Sevilla +6600

Napoli +6600

Porto +6600

Bayer Leverkusen +8000

Benfica +8000

AS Monaco +15000

Borussia Monchengladbach +15000

Sporting Lison +20000

Lyon +20000

CSKA Moskva +20000

Dynamo Kiev +20000

PSV Eindhoven +25000

Basel +30000

Club Brugge +30000

Celtic +35000

Besiktas +40000

Legia Warsaw +40000

Dinamo Zagreb +50000

FC Copenhagen +50000

Ludogorets +50000

Rostov +50000