The UEFA Europa League currently has English pair Tottenham Hotspur and Manchester United as outright market leaders, with Athletic Bilbao also fancied as they have the motivation of the final being played at their San Mames home.
Spurs are the hot fancies at 5.00, being one of the five teams to have begun the league phase with two wins out of two.
Fellow Premier League side Man Utd come next in the outright market at 7.00 despite their poor start to the season, with Athletic priced at 9.00 to go all the way and win the final on home turf.
The teams involved all know that at least they will not have to contend with potentially stronger outfits dropping into the competition after being eliminated from the UEFA Champions League given the new tournament format.
Tottenham Hotspur - 5.00
Manchester United - 7.00
Athletic Bilbao - 9.00
Roma - 11.00
Lazio - 11.00
Real Sociedad - 13.00
Tottenham have begun the league phase with victories over Qarabag and Ferencvaros to leave them as favourites to go all the way, while they are 3.25 to top the standings at the end of this stage of the tournament.
Those two victories were part of a five-match winning streak which seemed to have got Ange Postecoglou's side back on track after back-to-back losses to Newcastle United and Arsenal.
However, a 3-2 loss at Brighton where they threw away a two-goal lead has raised doubts about whether they have the quality needed to be serious contenders for silverware.
Their fixture schedule seems relatively straightforward, with their toughest assignments a trip to Galatasaray and a visit from Roma later on in November.
With the current uncertainty surrounding Man Utd head coach Erik ten Hag's future it is hard to know why the Red Devils are as short as 7.00 to win the UEFA Europa League this season.
Their appeal is partly because they reached the final of the competition as recently as 2021 - when they lost on penalties to Villarreal - while they went all the way in 2017, completing the job with a 2-0 win over Ajax.
United have begun their league phase with draws at home to FC Twente and away to FC Porto, so they have work to do to try and secure a top-eight spot and an automatic place in the last-16.
They will hope that the position of Ten Hag becomes a little more stable and an upturn in the Premier League would go a long way to making the Dutchman more secure at the helm.
A current run of five matches in all competitions without a win does not inspire confidence, with United having won just three of the 11 games they have played so far this season.
Athletic Bilbao can draw on the knowledge that Spanish sides have won the UEFA Europa League in seven of the last 11 seasons and will also be eager to make a final being played at the San Mames.
The Red and Whites - 5.00 to reach the final - have started their league phase with a 1-1 draw at Roma and a 2-0 home victory against AZ Alkmaar and the remainder of their fixtures appear to be winnable.
However, they face two trips to Turkey to take on Fenerbahce and Besiktas and those fixtures should give a clearer idea of whether Ernesto Valverde's side are genuine contenders for European glory.
Serie A duo Roma and Lazio are next in the outfight market, with both currently priced at 11.00.
Roma, who have Australian goalkeeper Mat Ryan among their number, have begun the season with a dismal run of results, both domestically and in the UEFA Europa League.
They have won just two of the nine games they have played in all competitions, with their European campaign having begun with a 1-1 draw at home to Athletic Bilbao and a 1-0 defeat at Swedish side Elfsborg.
With matches against Dynamo Kyiv, Tottenham and Eintracht Frankfurt among their remaining league phase fixtures, they will need to improve to progress to the knockout stages.
Rome rivals Lazio appear to be in much better shape than their neighbours, as they lie in fourth place in Serie A and have opened up in the UEFA Europa League with a 3-0 win at Dynamo Kyiv and a 4-1 home thumping of French side Nice.
Porto, Ajax and Real Sociedad are among their remaining opponents in the league phase, but Marco Baroni's side are currently looking good after a strong start to the campaign.