Carabao Cup (EFL) Betting 2021/22 – Latest Odds and Tips

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The Carabao Cup – formerly known as the EFL Cup – stands alongside the FA Cup as England’s prominent cup competition, and is open only to the 92 members of the Premier League and Football League. In this guide, we provide information about this sponsored event, as well as the latest odds and tips to make your Carabao Cup betting experience an informed and exciting one.

  • Those who play in the EFL Championship, EFL League One and EFL League Two enter from the very start, while Premier League occupants join in rounds 2 and 3. The teams will then compete for a place in February’s final at Wembley Stadium. Find a list of our top betting sites we recommend for Carabao Cup betting below.


Best Betting Sites for Carabao Cup Betting

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Best Carabao Cup Betting Sites – Top 5 Ranked

#01 Ladbrokes
#02 bet365
#03 Unibet
#04 Paddy Power
#05 SBK


Carabao Cup 2021/22 Odds, Tips & Predictions

The 2021/22 Carabao Cup final took place on 27 February 2022 at Wembley Stadium. See below our tables for the latest odds and tips.

Carabao Cup 2021/22 Finals Odds

Chelsea To Win11/5Spreadex
Liverpool To Win7/5Coral
Draw 23/10 bet365


Carabao Cup 2021/22 – What’s Happened So Far?

Round 1
70 teams enter the Carabao Cup in the first round: 22 of the 24 Championship clubs as well as the entirety of League 1 and 2. Round 1 brought few shocks, with the tie of the round arriving at Pride Park where Derby County overcame League 2 Salford City on penalties following a thrilling 3-3 draw.
Round 2
So, onto round 2 and enter the Premier League! Here, the top-flight teams not competing in Europe – including Arsenal – entered the competition. A weakened West Brom were no match for the Gunners, however, as they prevailed as 6-0 victors. The likes of Leeds, Everton and Aston Villa safely navigated their round 2 ties as Newcastle United (lost to Burnley on penalties) and Crystal Palace (lost 1-0 to Watford) were the only two Premier League sides to be eliminated.
The rest of the top flight joined the survivors from the opening two rounds to make up a 32-team competition. Round 3 saw West Ham United pick up the major scalp of last season’s semi-finalists and five-time winners Manchester United – just days after the Red Devils had beaten them in the league. Elsewhere, Tottenham (vs Wolves) and Chelsea (vs Aston Villa) edged past Premier League opposition on penalties, while Manchester City (6-1 vs Wycombe), Liverpool (3-0 vs Norwich), Arsenal (3-0 vs AFC Wimbledon) and Leicester City (2-0 vs Millwall) eased into round 4.

QPR’s journey continued after they beat Everton on penalties, while Sunderland are the lowest-ranked side left in the competition after they overcame Wigan Athletic 2-0 on the road. Preston North End set up a huge tie with Liverpool in round 4 following their comfortable 4-1 triumph over Cheltenham Town.

Thus, with 16 teams left in the competition, 12 were Premier League occupants.

Round 4
Top contenders Chelsea has quite the scare in the fourth round, scraping by with a penalty victory over Southampton, avoiding quite the upset. Imagine the Carabao Cup odds you could have got on that result. In fact, it was a round full of shoot outs. Sunderland bested Queens Park Rangers following a 0-0 stalemate, Leicester City beat Brighton and Hove Albion following a 2-2 thriller. Most shockingly of all, Carabao Cup odds on favourites Manchester City were knocked out of the competition by West Ham United on penalties. Elsewhere Arsenal beat Leeds United, Brentford beat Stoke City, Tottenham bested Burnley and Liverpool toppled Preston North End.

It was an incredibly tense round, one which left us largely with the usual suspects, but few of which didn’t have to fight tooth and nail to get there. In terms of EFL Cup betting, the lessons here are obvious, expect the unexpected, and never rule out the possibility of a Carabao Cup draw.

Arsenal started off the quarter finals drastically differently from the close calls of Round 4 with an overwhelming 5-1 victory over Sunderland. Chelsea had an easier time with a 2-0 win over Brentford and Tottenham Hotspur bested giant killer West Ham United 2-1, although it must be said, not easily. Another stunning match up, arguably one of the most exciting of the competition so far, was the battle between Liverpool and Leicester City. Liverpool came back from two goals down to go penalties, and made a local hero out of Diogo Jota, who scored their second goal, and the winning penalty. A classic to whet your appetite for the final.
Jota was also the deciding factor in Liverpool besting Arsenal to make it to the final, scoring two goals in their second meeting on January 20th. There can be little doubt he is expected to make a major impact come that date with destiny in February. But it will be far from an easy ride as they will meet a Chelsea side who just dominated Tottenham Hotspur across two legs to win 3-0 on aggregate, giving them plenty of momentum towards the final.
And that will take us to the 27th February for a huge showdown between two of the Premier League’s most elite teams in what should be a nail biting encounter. Liverpool are considered favourites, given around 10% a better chance based on the implied probability of most bookmakers’ Carabao Cup odds. However, make no mistake, these two are neck and neck in terms of quality, just consider that barely anything separates them in the Premier League as an example. Plus, League Cup betting is always tough to call. Whatever the case though, and whoever you’re backing, football fans are sure to have a great time, and EFL betting should always be considered a way of enhancing that enjoyment above anything else.


Carabao Cup 2021/22 – Key Dates

There is only one date left, one more EFL Cup betting opportunity, one more set of Carabao Cup odds. Yes, the big one is finally set to arrive as Chelsea take on Liverpool on the 27th February 2022 at Wembley Stadium. It will take place at 4.30pm on Sky Sports Football or through their streaming service Sky Go for British readers, or from the USA Network for our American readers.

Finals: Chelsea vs Liverpool - 27th February 2022 – 4.30PM - Wembley Stadium


Carabao Cup 2021/22 Predictions

Here, we’re going to predict what we think is going to happen in the rest of the Carabao Cup. Considering that, at the time of writing, we’ve only got the final left to go, that means predicting the final itself. Do keep in mind that this is an incredibly tough final to predict, just look at the Carabao Cup odds for proof of that. Furthermore, while this might give you some ideas for Carabao Cup betting, ideas to ponder if you will, there is certainly no guarantee you’ll be a winner. League Cup betting, even when using the best football betting sites the UK has to offer, always comes with risks, so please take our predictions here as simply our opinion, not a guarantee. With that in mind here’s some bold EFL cup betting predictions.

  • Normal play will result in a Carabao Cup draw: This means that at the end of 90 minutes there will be no winner. The reason for this prediction is really very simple, we typically find that draws are underestimated, there’s been plenty already in the competition already (including three featuring our finalists), and we have two massively motivated sides at close levels of quality. They also drew in their last two Premier League meetings, going 2-2 in January, and 1-1 in August 2021.
  • Liverpool win on penalties: We think that the game will go to penalties and that The Reds will emerge victorious having the slight edge in that discipline. Remember that Liverpool bested Chelsea in the UEFA Super Cup on penalties in 2019. Chelsea have survived penalties against Southampton and Aston Villa, but Liverpool are a very different prospect. That said that this is an incredibly close call.
  • Jota to score: Just because we think that normal play will end in a draw doesn’t necessarily mean a 0-0 stalemate, in fact, we could see this being a back-and-forth affair. If that’s the case, we see Diogo Jota again make his presence felt in this tournament.
  • High number of total shots: In a game with these kinds of stakes and tension, we’re not expecting conservative, overly defensive football. We think even in the case of a Carabao Cup draw, there will be plenty of shots taken place, something to consider for Carabao Cup betting.
  • It will be a classic: Not necessarily relevant to League Cup betting, but we think the stakes, the quality of the teams and their recent history, this has everything you need for a truly great football match.


Carabao Cup Betting Tips

While our predictions above might be interesting from an EFL Cup betting perspective, they are not intended to be direct advice, rather just our opinion that we felt might provide insight for you to enjoy. Here however are some more practical sports betting tips to help with your Carabao Cup betting.

  • 01
    Don’t let your emotions get the best of you
    The fact is that when we are talking about a tournament final against two fierce rivals, emotions start to come into play, especially if your favourite team happens to be involved. Perhaps you’ve just got really invested in this match having enjoyed the tournament so much so far. And generally, that’s a good thing, being a footie fan should always be about passion and having fun. That said, it doesn’t necessarily make for the smartest Carabao Cup betting. Your ability to analyse Carabao Cup odds quality, for instance, may start to wobble under the strain of your excitement. If that is the case, if you can’t separate your head from your heart on a particular market, especially when talking about backing a team to win – then it is time to look elsewhere.
  • 02
    Check out alternative markets
    The good news is that there’s plenty of places to look thanks to an amazing selection of alternative markets available on events like this. Sports betting can often have great variety, with football sports betting being especially exceptional owing to its popularity. That’s even more the case when talking about English Football League Cup betting in the finals. Over/under markets, Asian handicap betting markets, players markets and plenty more can all offer great options if you don’t find backing a team to win or a Carabao Cup draw enticing. Just check out our betting guide on EFL transfers for an example of how interesting and rewarding sports betting on footie alternatives can be.
  • 03
    Utilise the football stats
    When it comes to making smarter predictions, stats are a sports fans best friend. And it’s easy to do, just check out our football stats centre, which includes great info on everything from penalties to football goal statistics across a ton of English (and European) teams. The entire top flight of the English football league is included. Considering both the finalists are in the Premier League and have a huge history together, there’s a treasure trove of relevant stats to help inform you.
  • 04
    Shop around for the best odds
    The popularity of League Cup betting means excellent odds as bookmakers are incredibly competitive in enticing you to choose them over all the others. If you find better, more competitive odds away from your preferred bookie, by all means, sign up and take advantage. Remember that you can sign up to as many operators as you like without it effecting your other accounts
  • 05
    Take advantage of the promotions
    Not only does Carabao Cup betting offer the promise of excellent odds, but also some of the best promotions you’ll find anywhere. Again, it’s a huge event, operators are desperate to grab your attention, and will provide often very generous bonuses to do so. You could enjoy everything from free bets no deposits offers while signing up to a new site, or enhanced odds on specific markets. While shopping around, pay attention to that bonus page.


Popular Carabao Cup Betting Markets

The Carabao Cup is a fantastic tournament for betting, especially for football fans.

Outright Winner

This is the most common bet associated with Carabao Cup betting, as you’re picking who you think will win the competition in February.

Carabao Cup Betting On Rounds

With the Carabao Cup comprising of five rounds, two two-legged semi-finals and a final, there’s plenty of football to bet on. Interesting fixtures are inevitable, with the possibility of a giant killing or two arriving at every stage.

Tournament Top Scorer

Another bet available at the beginning of the tournament is the outright top goalscorer. This is an incredibly tough bet to nail due to the unpredictability of the competition, the likelihood of the top teams rotating and the low number of goals it’ll take to top the scoring charts.

Each-Way Bet

Each-way sports betting is more commonly associated with horse racing and golf, but it does creep into football on the odd occasion. When League Cup betting on outright winners, you can place an each-way bet which means the selected team will just have to reach the final for you to ‘win’. If they’re runners-up, you’ll still get paid on the place part of your bet. *

Tournament Structure for the Carabao Cup

The EFL League Cup, now commonly known as its sponsored name the Carabao Cup, is widely regarded as England’s secondary cup competition only behind the FA Cup. To be clear, League Cup betting, EFL Cup Betting and Carabao Cup betting all mean the same thing. The competition, which usually begins in August and ends with a Wembley final in February, follows a knockout structure and is open to all 92 clubs in England’s top four divisions.

This season, 22 of the 24 EFL Championship clubs, as well as all current EFL League 1 and EFL League 2 occupants, entered the competition in round 1. Then, in round 2, the other two Championship sides as well as the Premier League sides not competing in Europe enter.

The rest of the top flight join the remaining sides in round 3. The 32 teams will then compete for a spot in the final.

Unlike the FA Cup, there are no replays and ties played in rounds 1-5 will be decided via a penalty shootout should the match end in a draw. There are no extra-time periods until the semi-finals, which are two-legged affairs.


History of the EFL Cup

  • Following a decade-long discussion over its formation, the EFL League Cup was established at the start of the 1960/61 season with Aston Villa its inaugural winners. Back then, any betting would be English Football League Cup betting or League Cup betting.
  • For some, the competition was regarded as a “consolation” for those who’d been knocked out of the FA Cup and thus had another chance to win silverware. For others, the competition was a necessary introduction to the English football league game that was losing its prestige, with match day attendances in stark decline at the start of the ‘60s.
  • Initially, the ‘big’ clubs in England dismissed the League Cup as useless and a distraction in their efforts to claim a place in the more lucrative and recently-established European Cup. However, the awarding of a European place to the competition’s victor swiftly altered the minds of the UK’s football elite. That, combined with an annual Wembley final, saw the competition’s popularity soar.
  • From 1972, entry into the League Cup was made compulsory for all Football League teams.
  • Liverpool dominated in the 1980s and they lifted the trophy four times on the spin at the start of the decade. Such superiority can only be rivalled by the current Manchester City team, who have won five of the last six League Cup competitions. Hence why it was such a shock to see City drop out this year’s competition so early, and why this tournament must already be seen as a historic event. Both teams have won a record eight times.
  • For the modern-day supporter, the League Cup is more commonly known by its sponsor name. There have been a multitude of sponsors over the years, which are: Littlewoods, Milk (literally, milk), Rumbelows, Worthington, Coca Cola, Carling Cup, Capital One and, of course, Carabao.
  • And, of course, it is impossible to discuss the recent history of the EFL Cup, without mentioning the coronavirus pandemic. It had a huge impact on both this year and the previous years tournament. Indeed, this tournament saw Rochdale get a bye due to a COVID-19 outbreak across many players of the Harrogate Town team, and the semi-final between Arsenal and Liverpool was postponed due to an outbreak among the Liverpool squad. Last year we saw games behind closed doors and a final with only 8000 fans.
  • It has also had a more general impact on safety protocols, attendance and has affected the lives of the participants, just as it has so much of the world. However, more has remained the same than has changed. We’ve still seen amazing football and great athletes at their best, occasionally disrupted but resilient to the end in their desire to showcase their best and entertain fans. We’ve also seen progression, with fans in the tens of thousands expected for this year’s final, in stark contrast to the 2021 iteration.


Past Winners of the EFL League Cup

2021Manchester CityTottenham Hotspur
2020Manchester CityAston Villa
2019Manchester CityChelsea
2018Manchester CityArsenal
2017Manchester UnitedSouthampton
2016Manchester CityLiverpool
2015ChelseaTottenham Hotspur
2014Manchester CitySunderland
2013Swansea CityBradford City
2012LiverpoolCardiff City
2011Birmingham CityArsenal
2010Manchester UnitedAston Villa
2009Manchester UnitedTottenham Hotspur
2008Tottenham HotspurChelsea
2006Manchester UnitedWigan Athletic
2004MiddlesbroughBolton Wanderers
2003Liverpool Manchester United
2002Blackburn Rovers Tottenham Hotspur
2001LiverpoolBirmingham City
2000Tranmere RoversTranmere Rovers


Most Successful EFL League Cup Teams

TeamWinsRunner-UpYears Won
Liverpool841980–81, 1981–82, 1982–83, 1983–84, 1994–95, 2000–01, 2002–03, 2011–12
Manchester City711969–70, 1975–76, 2013–14, 2015–16, 2017–18, 2018–19, 2019–20, 2020-21
Aston Villa541960–61, 1974–75, 1976–77, 1993–94, 1995–96
Manchester United541991–92, 2005–06, 2008–09, 2009–10, 2016–17
Chelsa531964–65, 1997–98, 2004–05, 2006–07, 2014–15
Tottenham Hotspur441970–71, 1972–73, 1998–99, 2007–08
Nottingham Forest421977–78, 1978–79, 1988–89, 1989–90
Leicester City321963–64, 1996–97, 1999–2000
Arsenal261986–87, 1992–93
Norwich City221961–62, 1984–85


All-Time League Cup Top Goalscorers

Ian Rush49
Robbie Fowler33
Jermaine Defoe22
Michael Owen19
Sir Kenny Dalglish18
Jay Rodriguez18
Frank Lampard17
Nathan Ellington17
Andy Cole16
Alan Shearer16

League Cup Key Stats

  • Liverpool and Manchester City have won the cup eight times, a tournament record.
  • Liverpool have appeared in the most finals (12).
  • The Reds’ Ian Rush has scored the most goals in the competition (49).
  • Aston Villa won the first League Cup competition way back in 1961.
  • Manchester City’s Sergio Aguero and Fernandinho have won the competition a record six times.


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Carabao Cup Betting FAQs

Based on our research, the best betting sites for the Carabao Cup are: Ladbrokes, bet365 and Unibet.
The final takes place each February at Wembley Stadium, London.
The competition introduced one-legged semi-final ties for the 2020/21 tournament but will return to a two-legged affair for the 2021/22 competition.
Yes, all matches that end as a draw in the first five rounds will go straight to penalties. In the semi-finals and final, extra time will be played as well.
No they are simply different names for the same tournament, if you see them advertised by either name through your bookmaker, they represent sports betting on the same thing, whether it is called Carabao Cup betting, English Football League Cup betting, League Cup betting, or EFL Cup betting.
This year it takes place on the 27th February 2022. The final for the 2021/2022 tournament is between Chelsea and Liverpool, it will begin at Wembley Stadium at 4.30pm.


ThePuntersPage Final Say

The Carabao Cup certainly lacks the (albeit fading) prestige of the FA Cup, but it’s nonetheless a piece of major silverware. The competition’s February final is a showpiece event in the English Football League calendar – one dominated by Manchester City in recent years. While the majority of the top teams continue to use the early rounds of the competition as a mere opportunity to utilise youth and rest perennial first-teamers, the latter stages can often produce enthralling ties.

There’s more than enough for punters to take advantage of with this competition throughout the season, with a multitude of fixtures taking place at the start of the new campaign. It can be tough to predict, but Carabao Cup betting can undoubtedly be fun.

And this year’s final is a perfect example of exactly that. Chelsea and Liverpool can be fantastically exciting teams when at their best and they have every reason to aim for exactly that in this epic showdown. They have an immense history and are two of the closest teams in terms of quality, although naturally their supporters will contest that point, in the top English football league. Combine that with a great selection of rising and established talent (even though both teams have been incredibly quiet so far this January transfer season) and you have what might be one of the most enjoyable sporting events, both in terms of Carabao Cup betting and from a pure fan’s perspective, so far this year. Even if we end up with a Carabao Cup draw in normal time and must go through the agony of extra time and penalties, we’re sure to have a great time.