Ousmane Dembélé is bidding to win the Ballon d’Or for a second consecutive year after helping PSG retain the Champions League in 2025/26. Despite scoring eight goals and providing two assists in 13 Champions League appearances, the 2025 winner is currently an outsider in a competitive 2026 race. Below, we look at Dembélé’s latest Ballon d’Or betting odds, the numbers behind his nomination and his chances of retaining the trophy.

Ousmane Dembélé Ballon d’Or Odds 2026

Dembélé remains available in the 2026 Ballon d’Or winner market, but his price varies considerably between bookmakers. As of writing, we recorded a best price of 125/1, while some bookies were as short as 22/1. That spread is a useful warning in itself: compare the live market before placing a bet rather than relying on a single quoted price.

Selection Market Odds
Lamine YamalWinner
1.53 120% up to €600 €600
Kylian MbappéWinner
17.00 100% up to 1 BTC 1 BTC
RodriWinner
34.00 150% up to €1000 + 10 Free Bets €1000
Ousmane DembéléWinner
67.00 100% up to 1 BTC 1 BTC

Odds snapshot: 29 September 2026. Prices move and may differ by bookmaker. The table is a market snapshot, not a prediction of the result.

The comparison shows why Dembélé is an interesting outsider rather than an obvious favourite. His Champions League case is strong, but the leading contenders combine elite individual performances with major achievements for club or country.

Will Ousmane Dembélé Win the 2026 Ballon d’Or?

Dembélé has a credible case, but we would not put him among the strongest candidates based on the evidence available before the ceremony. His Champions League contribution is the biggest argument in his favour: PSG won the competition for a second consecutive season and Dembélé scored eight times in 13 matches, including decisive goals during the knockout rounds and in the final.

However, this is a different argument from the one that carried him to the 2025 award. In 2024/25, Dembélé combined PSG’s historic first Champions League title with 35 goals and 16 assists in 53 matches across all competitions. That was an obvious individual season to attach to a dominant team campaign. His 2025/26 case is strong, but it is less singular.

The betting market reflects that distinction. Dembélé was still among the contenders as the ceremony approached, but prices available in late September placed Harry Kane and Lamine Yamal much closer to the head of the market.

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Our View

Dembélé deserves to be in the conversation, especially after another decisive Champions League campaign, but retaining the Ballon d’Or would be a surprise at the prices available.

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Dembélé Stats for the 2026 Ballon d’Or

Measure2025/26 Champions League
Appearances13
Goals8
Assists2
PSG resultChampions League winners

Those European numbers matter because Dembélé did not simply accumulate goals in low-pressure matches. PSG credit him with a brace in the first leg of the semi-final against Bayern Munich, the club’s only goal in the second leg and another goal in the final against Arsenal. That gives his candidacy a strong big-game component.

There is also a useful comparison with his winning campaign. In 2024/25, Dembélé recorded 35 goals and 16 assists in 53 games in all competitions. He was also named Ligue 1 Player of the Season and Champions League Player of the Season before winning the 2025 Ballon d’Or.

Why Dembélé Could Win the Ballon d’Or

Another Champions League Title

PSG retaining the Champions League keeps Dembélé attached to one of the defining achievements of the season. Winning Europe’s biggest club competition once can transform a Ballon d’Or campaign; doing it in consecutive seasons gives voters another reason to take the defending winner seriously.

He Delivered in the Biggest European Games

Eight Champions League goals is a strong return on its own. The timing of them strengthens the argument. Dembélé scored throughout the knockout stages and again in the final, giving his supporters evidence of direct influence when PSG’s season was on the line.

He Is the Defending Winner

Winning in 2025 does not give Dembélé any automatic advantage in 2026, but it does establish the level he can reach. Last year’s award followed a 35-goal, 16-assist season and PSG’s first Champions League triumph. Voters are not being asked to imagine whether Dembélé can perform at Ballon d’Or level; he has already done it.

What Could Stop Dembélé Winning?

The main issue is competition. Harry Kane and Lamine Yamal entered the final weeks before the ceremony much shorter in the betting, while Kylian Mbappé, Rodri, Lionel Messi and Dembélé’s PSG teammate Khvicha Kvaratskhelia all have different arguments based on individual output, trophies or the 2026 World Cup.

Dembélé also has to compete with PSG’s own collective strength. A record 10 PSG players made the 30-man shortlist after the club retained the Champions League. That underlines how strong the team was, but it can also make it harder for one player to own the story of the season.

That is the biggest difference from 2025. Dembélé was central to a historic first Champions League title and produced exceptional individual numbers. This time, PSG were successful again without the award race becoming an obvious referendum on one player.

Dembélé’s Ballon d’Or Record

Dembélé won his first Ballon d’Or on 22 September 2025 at the Théâtre du Châtelet in Paris. He became the first French player to win the award while representing Paris Saint-Germain.

His winning season was built on both individual output and team success. He finished 2024/25 with 35 goals and 16 assists in 53 appearances, while PSG won Ligue 1, the Coupe de France and the Champions League. He was also named the Champions League Player of the Season.

He is now nominated again in 2026. The ceremony takes place on Monday 26 October at the London Palladium, the first time the Ballon d’Or ceremony has been staged in London.

Ousmane Dembélé Ballon d’Or FAQs

Dembélé’s price varies significantly between bookmakers. Oddschecker showed a best price of 125/1 on 29 September 2026, with some firms offering much shorter odds. Check the live market before betting because Ballon d’Or prices can change quickly.

Yes. Dembélé won the men’s Ballon d’Or in 2025 after helping Paris Saint-Germain win their first Champions League title and recording 35 goals and 16 assists in 53 matches during the 2024/25 season.

Yes. Dembélé is one of the 30 nominees for the 2026 men’s Ballon d’Or. Paris Saint-Germain have 10 players on the shortlist after winning a second consecutive Champions League title.

The 2026 Ballon d’Or ceremony takes place on Monday 26 October at the London Palladium. It is the 70th edition of the award and the first ceremony to be held in London.

Yes. There is nothing preventing the defending winner from retaining the award. Dembélé is nominated again in 2026, although the late-September betting market priced several other players ahead of him.

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