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Rangers Trophies Odds for 2023/24 season

Dumitru Palanchuk
Dumitru Palanchuk
17 August 2023, 13:24

Rangers had a respectable 2022/23 season, finishing second in the league and advancing far into the cup competitions. Michael Beale, who took charge of the team mid-season, was able to instil an attractive playing style at Ibrox Stadium, but despite the coach’s best efforts, the Gers finished the season trophyless, with all domestic silverware going to fierce rivals Celtic.

Now, Beale has had a full pre-season with the team and it is reasonable to expect more from the Light Blues in the 2023/24 term. With that in mind, the Rangers trophy odds do not look too badly early into the season.

List of Rangers Trophy Odds

A look at the Rangers trophy betting odds reveals that the Gers are considered second favourites in all domestic competitions, behind Celtic. They apparently stand a bigger chance in the Scottish League Cup than any other tournament.

Rangers TrophiesBetfred ODDS
Scottish Premiership3.25
Champions League501.00
Scottish FA Cup3.25
Scottish League Cup2.88

Scottish Premiership

Rangers are the most successful club in the history of the Scottish Premiership with 55 total titles. However, Celtic have been dominating the league in the last 20 years and are getting dangerously close to matching Rangers’ record, as they currently have 53 league trophies in their cabinet.

The Gers’ most recent league triumph came in the 2020/21 term when – under the guidance of Steven Gerrard – the team finished the season with an impressive 102 points. That was their first league trophy after a pause that lasted 10 years.

Going into the new season, it is easy to understand why the bookmakers don’t view Rangers as the top contenders for the title – Celtic have a better squad, and while they did lose Ange Postecoglou, he was replaced by Brendan Rogers who already knows the league. Moreover, the Light Blues have started the league campaign on a wrong foot, losing to Kilmarnock away in the opening game and now sit three points behind their main rivals.

Champions League

Unlike Celtic, Rangers do not have a Champions League trophy to flaunt. Their biggest achievement in Europe is the Cup Winners’ Cup which they lifted in 1971/72 after defeating Dynamo Moscow in the final at Camp Nou. The Glasgow side has also reached the Europa League final twice since then, in 2007/08 and 2021/22, but lost both games.

If we are talking strictly about the Champions League, though, Rangers’ top result is making it out of the group in 2005/06 only to be eliminated by Villarreal in the round of 16 on away goals – the aggregate score was 3-3.

Last season, Rangers had a terrible showing in the Champions League groups, as they lost all six matches, scored two goals and conceded 22. This year around, Rangers are not guaranteed a place in the competition just yet as they will face off against PSV Eindhoven in the play-offs first. All that considered, it is unsurprising that the Champions League ranks this low on the Rangers trophy odds.

Scottish FA Cup

The Scottish FA Cup is the only domestic trophy where Celtic have an advantage over Rangers – 41 trophies vs 34. But this should only serve as additional motivation for them to bring the cup back to Ibrox Stadium this season!

The team had a commendable run in the competition last term when they reached the semi-finals where the Gers fell 1-0 to eventual winners Celtic at Hampden Park. It was an equal battle that day, but the Light Blues were a tad unlucky, as they registered more shots and had several chances to level the score late into the game but the forwards simply could not find the net.

Rangers' most recent win in the Scottish FA Cup was not that long ago. The Gers came out victorious in 2021/22 when they defeated Hearts 2-0 in the final. That remains their latest piece of silverware to date.

Scottish League Cup

Once again, Rangers is the most successful club in the history of the Scottish League Cup, having been crowned champions on 27 occasions, six times more than the dreaded Celtic. Their recent performances in the tournament have been rather underwhelming, though. The last time the Gers won the cup was more than ten years ago, in 2010/11, when the Light Blues beat Celtic 2-1 in the final. Since then, the club has finished twice as runner-ups – in 2019/20 and in 2022/23 – losing to Celtic both times.

Nevertheless, the Scottish League Cup ranks highest on the Rangers trophy odds going into the new season. Rangers begin their road to the final on August 19 when they will be hosting Championship club Greenock Morton in the second round. If the Gers want to go all the way once again, Beale needs to find a way to keep the squad fresh for the cup games while also competing in the league and in European tournaments.