Champions League holders Real Madrid have seen their odds cut after the draw for the group stages.

The Spanish giants made history last season by becoming the first team in the Champions League era to successfully defend the European Cup, and now they are looking to be the first team since Bayern Munich in 1976 to win it three-times in-a-row.

Real came out in Group H, where they face Germans Borussia Dortmund, Cypriot champions APOEL and also Tottenham. On the back of this Real have been cut to 10/3 from 4/1. Tottenham are 6/5 to qualify.

Manchester United also saw their odds slashed to 9/1 from 14/1 after they were handed a hugely favourable looking draw in the shape of Benfica, Basel and CSKA Moscow.

Manchester City also saw their odds come into 10/1 after coming out in Group F alongside Napoli, Shakhtar Donetsk and Feyenoord.

Premier League champions Chelsea and Liverpool both return to the Champions League group stages rated at 14/1 and 18/1 respectively after coming out in Groups C and E.

Chelsea are facing Atletico Madrid, Roma and Azerbaijan champions Qarabag. Liverpool will come up against Spartak Moscow, Sevilla and Maribor.

The final British team of six Celtic, face a daunting prospect in Group B as they will come up against Bayern Munich, Paris Saint Germain and Anderlecht. Bayern remain overall second favourites at 6/1 and big-spending PSG are just behind them at 7/1.

Alongside PSG at 7/1 are Barcelona – who will play last season’s beaten finalists Juventus, Olympiakos and Sporting Lisbon.

The complete 2017/18 UEFA Champions League Group Stage draw!

Most exciting group?#UCLdraw pic.twitter.com/Jf9ebJrJ9t

— #UCLdraw (@ChampionsLeague) August 24, 2017

Coral go 9-4 for there to be an English winner of the competition this season, it is 7-1 for it to be an all-English final in Kiev and 2-1 for all five English clubs to progress into the knockout stages.

“Real Madrid are looking for a hat-trick of consecutive Champions League titles and the majority of the early money has been for the Spanish giants to rule Europe once again,” said Coral’s John Hill.

“The betting suggests at least four English clubs should progress into the knockout stage of the competition this season,” added Hill

Group A to qualify
1-12 Manchester United, 4-7 Benfica, 2 CSKA Moscow, 9-4 Basel

Group B to qualify
1-33 Bayern Munich, 1-25 PSG, 10 Anderlecht, Celtic,

Group C to qualify
1-5 Atletico Madrid, Chelsea, 11-8 Roma, 33 Qarabag

Group D to qualify
1-16 Barcelona, 1-8 Juventus, 9-2 Sporting CP, 10 Olympiacos

Group E to qualify
1-12 Liverpool, 1-5 Sevilla, 9-4 Spartak Moscow, 20 Maribor

Group F to qualify
1-12 Manchester City, 2-5 Napoli, 2 Shakhtar Donetsk, 6 Feyenoord

Group G to qualify
1-2 Leipzig, 4-7 Monaco, 4-6 Porto, 7-2 Besiktas

Group H to qualify
1-25 Real Madrid, 1-2 Dortmund, 6-5 Tottenham, 33 AOPEL