Carabao Cup odds: who is the favourite to win the EFL Cup as Newcastle advance to quarter-finals

Newcastle United are once again dreaming of Carabao Cup glory after a sensational 3-0 away victory against Manchester United in a direct repeat of last season’s final.

The result marks Newcastle’s first away victory against The Red Devils since 2013 and only their second victory at Old Trafford in 51 years.Miguel Almiron, Lewis Hall and Joe Willock all got their names on the scoresheet in a much-changed Magpies XI, while summer signing Tino Livramento produced yet another Man Of The Match display in the competition.

The result takes Newcastle into the quarter-finals and leaves them just two rounds away from a second consecutive cup final at Wembley Stadium.

Another difficult away trip awaits Newcastle in the quarter-finals as they travel to Chelsea.

But who are the bookmakers favourites to win the Carabao Cup this season and how do Newcastl’s chances compare to the likes of Chelsea, Liverpool and Everton?

Here’s all you need to know.

Who is the favourite to win the Carabao Cup?

Newcastle’s former sponsors FUN88 have made Liverpool the outright favourites to lift the Carabao Cup this season at odds of 2/1.

Jurgen Klopp’s men have beaten Leicester City and Bournemouth to reach the last eight of the competition, but they face a difficult test in the quarter-finals as they play host to West Ham.

The Reds are the most successful team in the history of the Carabao Cup with nine titles - the most recent of those came in 2022 with a penalty shootout win over Chelsea.

Five-time winners Chelsea are the second favourites to win the tournament at odds of 7/2. The Blues recorded victories over the likes of Wimbledon, Brighton and Blackburn to reach the last eight and have home advantage against Newcastle in the quarter-finals.

Pochettino’s team have no European football this season and given their slow start to the campaign; the Carabao Cup may act as their most likely outlet to qualify for Europe next season.

Newcastle have arguably had the toughest route of any team in the competition so far and they recorded victories over both Manchester City and United to reach this stage.

The Magpies are 4/1 odds to lift the trophy for the first time after last season’s near miss, but they face the difficulty of balancing the tournament with a challenging Champions League schedule.

West Ham will hope to build on their Europa Conference League triumph and they are 10/1 odds after victories over Lincoln City and Arsenal.

Here is a full summary of all the outright odds, according to FUN88:

• Liverpool - 2/1
• Chelsea - 7/2
• Newcastle - 4/1
• West Ham - 10/1
• Everton - 11/1
• Fulham - 12/1
• Middlesbrough - 20/1
• Port Vale - 250/1