According to oddsmakers, Toulouse is one of two overwhelming favorites to win the Investec Champions Cup in May.

Toulouse is one of two Top 14 clubs with the four best odds among the 24 clubs set to play 48 matches over four rounds, followed by a 16-team playoff that ends in Bilbao, Spain.

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FanDuel has Toulouse and Leinster Rugby with +270 odds to win the tournament.

Defending champion Union Bordeaux-Bègles has the third-best odds at +330 on FanDuel.

Picking a Top 14 team to win it all has been a smart choice for five straight seasons. Toulouse in 2021, La Rochelle in 2022 and 2023, Toulouse in 2024 and Bordeaux in 2025 make up a run of dominance never seen by one of the three domestic leagues that feed the Champions Cup.

Eight teams from the Top 14 qualified for the Champions Cup. Here are the odds for them to win it all:

Investec Champions Cup Odds: The Best From The Top 14

According to FanDuel, here are the odds for the Top 14 clubs:

• Toulouse +270
• Bordeaux +330
• La Rochelle +1500
• Toulon +1600
• Clermont +8000
• Bayonne +8000
• Castres +8000
• Pau +8000

Best Bet: Pau Rugby

At +8000, the second-best French club all season may be the best bet to make in December for who wins the Investec Champions Cup. Pau is 8-0-3 on the season with wins over Toulouse, Bordeaux (in Bordeaux) and La Rochelle.

Watch Every Investec Champions Cup Round 1 Match For Free

FloRugby will stream every first-round matchup free on FloRugby's YouTube page on Dec. 5, 6 and 7. Subscribe to the channel, and don't miss any of the streams. 

Bath Rugby vs. Munster Rugby will stream on both FloRugby's YouTube and Facebook for free. The entire competition will stream on FloRugby. 

Investec Champions Cup 2025-2026 Fixtures

Here's a look at each round:

Investec Champions Cup Round 1 

Friday, Dec. 5

• 3 p.m. ET: Sale Sharks vs. Glasgow Warriors, Salford Community Stadium
• 3 p.m. ET: Bayonne vs. DHL Stormers, Stade Jean Dauger

Saturday, Dec. 6

• 8 a.m. ET: Saracens vs. Clermont Auvergne, StoneX Stadium
• 10:15 a.m. ET: Vodacom Bulls vs. Bordeaux-Bègles, Loftus Versfeld
• 12:30 p.m. ET: La Rochelle vs. Leicester Tigers, Stade Marcel Deflandre
• 12:30 p.m. ET: Leinster Rugby vs. Harlequins, Aviva Stadium
• 3 p.m. ET: Scarlets vs. Bristol Bears, Parc y Scarlets
• 3 p.m. ET: Bath Rugby vs. Munster Rugby, The Rec

Sunday, Dec. 7

• 8 a.m. ET: Pau vs. Northampton Saints, Stade du Hameau
• 10:15 a.m. ET: Toulouse vs. Hollywoodbets Sharks, Stade Ernest Wallon
• 10:15 a.m. ET: Gloucester Rugby vs. Castres Olympique, Kingsholm

Dec. 7-9 (TBD)

• Edinburgh Rugby vs. Toulon, TBD

Investec Champions Cup Round 2 

Friday, Dec. 12

• 3 p.m. ET: Leicester Tigers vs. Leinster Rugby, Mattioli Woods Welford Road

Saturday, Dec. 13

• 8 a.m. ET: DHL Stormers vs. La Rochelle, Nelson Mandela Bay Stadium
• 10:15 a.m. ET: Hollywoodbets Sharks vs. Saracens, Hollywoodbets Kings Park
• 10:15 a.m. ET: Clermont Auvergne vs. Sale Sharks, Stade Marcel-Michelin
• 12:30 p.m. ET: Bordeaux-Bègles vs. Scarlets, Stade Chaban-Delmas
• 12:30 p.m. ET: Munster Rugby vs. Gloucester Rugby, SuperValu Páirc Uí Chaoimh
• 3 p.m. ET: Glasgow Warriors vs. Toulouse, Scotstoun Stadium

Sunday, Dec. 14

• 8 a.m. ET: Harlequins vs. Bayonne, Twickenham Stoop
• 8 a.m. ET: Castres Olympique vs. Edinburgh Rugby, Stade Pierre-Fabre
• 10:15 a.m. ET: Toulon vs. Bath Rugby, Stade Félix Mayol
• 10:15 a.m. ET: Northampton Saints vs. Vodacom Bulls, cinch Stadium @ Franklin’s Gardens
• 12:30 p.m. ET: Bristol Bears vs. Pau, Ashton Gate

Investec Champions Cup Round 3 

Friday, Jan. 9

• 3 p.m. ET: Castres Olympique vs. Bath Rugby, Stade Pierre-Fabre
• 3 p.m. ET: Edinburgh Rugby vs. Gloucester Rugby, TBD

Saturday, Jan. 10

• 8 a.m. ET: Vodacom Bulls vs. Bristol Bears, Loftus Versfeld
• 10:15 a.m. ET: Clermont Auvergne vs. Glasgow Warriors, Stade Marcel-Michelin
• 12:30 p.m. ET: Leinster Rugby vs. La Rochelle, TBD
• 12:30 p.m. ET: Sale Sharks vs. Hollywoodbets Sharks, Salford Community Stadium
• 3 p.m. ET: Scarlets vs. Pau, Parc y Scarlets
• 3 p.m. ET: Leicester Tigers vs. Bayonne, Mattioli Woods Welford Road

Sunday, Jan. 11

• 8 a.m. ET: Harlequins vs. DHL Stormers, Twickenham Stoop
• 8 a.m. ET: Toulon vs. Munster Rugby, Stade Félix Mayol
• 10:15 a.m. ET: Bordeaux-Bègles vs. Northampton Saints, Stade Chaban-Delmas
• 12:30 p.m. ET: Saracens vs. Toulouse, StoneX Stadium

Investec Champions Cup Round 4 

Friday, Jan. 16

• 3 p.m. ET: Pau vs. Vodacom Bulls, Stade du Hameau
• 3 p.m. ET: Bath Rugby vs. Edinburgh Rugby, The Rec

Saturday, Jan. 17

• 8 a.m. ET: Hollywoodbets Sharks vs. Clermont Auvergne, Hollywoodbets Kings Park
• 10:15 a.m. ET: Bayonne vs. Leinster Rugby, Stade Jean Dauger
• 10:15 a.m. ET: DHL Stormers vs. Leicester Tigers, DHL Stadium
• 12:30 p.m. ET: Toulouse vs. Sale Sharks, Stade Ernest Wallon
• 12:30 p.m. ET: Munster Rugby vs. Castres Olympique, Thomond Park
• 3 p.m. ET: Gloucester Rugby vs. Toulon, Kingsholm

Sunday, Jan. 18

• 8 a.m. ET: Bristol Bears vs. Bordeaux-Bègles, Ashton Gate
• 10:15 a.m. ET: Northampton Saints vs. Scarlets, cinch Stadium @ Franklin’s Gardens
• 10:15 a.m. ET: La Rochelle vs. Harlequins, Stade Marcel Deflandre
• 12:30 p.m. ET: Glasgow Warriors vs. Saracens, Scotstoun Stadium

Investec Champions Cup Fixtures By Pool

Here's a breakdown of the schedule by pool:

Investec Champions Cup Pool 1

Round 1

• Friday, Dec. 5 – 3 p.m. ET: Sale Sharks vs. Glasgow Warriors, Salford Community Stadium
• Saturday, Dec. 6 – 8 a.m. ET: Saracens vs. Clermont Auvergne, StoneX Stadium
• Sunday, Dec. 7 – 10:15 a.m. ET: Toulouse vs. Hollywoodbets Sharks, Stade Ernest Wallon

Round 2

• Saturday, Dec. 13 – 10:15 a.m. ET: Hollywoodbets Sharks vs. Saracens, Hollywoodbets Kings Park
• Saturday, Dec. 13 – 10:15 a.m. ET: Clermont Auvergne vs. Sale Sharks, Stade Marcel-Michelin
• Saturday, Dec. 13 – 3 p.m. ET: Glasgow Warriors vs. Toulouse, Scotstoun Stadium

Round 3 

• Saturday, Jan. 10 – 10:15 a.m. ET: Clermont Auvergne vs. Glasgow Warriors, Stade Marcel-Michelin
• Saturday, Jan. 10 – 12:30 p.m. ET: Sale Sharks vs. Hollywoodbets Sharks, Salford Community Stadium
• Sunday, Jan. 11 – 12:30 p.m. ET: Saracens vs. Toulouse, StoneX Stadium

Round 4 

• Saturday, Jan. 17 – 8 a.m. ET: Hollywoodbets Sharks vs. Clermont Auvergne, Hollywoodbets Kings Park
• Saturday, Jan. 17 – 12:30 p.m. ET: Toulouse vs. Sale Sharks, Stade Ernest Wallon
• Sunday, Jan. 18 – 12:30 p.m. ET: Glasgow Warriors vs. Saracens, Scotstoun Stadium

Investec Champions Cup Pool 2

Round 1 

• Saturday, Dec. 6 – 3 p.m. ET: Bath Rugby vs. Munster Rugby, The Rec
• Sunday, Dec. 7 – 10:15 a.m. ET: Gloucester Rugby vs. Castres Olympique, Kingsholm
• Dec. 7–9 (TBD): Edinburgh Rugby vs. Toulon, TBD

Round 2 

• Saturday, Dec. 13 – 12:30 p.m. ET: Munster Rugby vs. Gloucester Rugby, SuperValu Páirc Uí Chaoimh
• Sunday, Dec. 14 – 8 a.m. ET: Castres Olympique vs. Edinburgh Rugby, Stade Pierre-Fabre
• Sunday, Dec. 14 – 10:15 a.m. ET: Toulon vs. Bath Rugby, Stade Félix Mayol

Round 3

• Friday, Jan. 9 – 3 p.m. ET: Castres Olympique vs. Bath Rugby, Stade Pierre-Fabre
• Friday, Jan. 9 – 3 p.m. ET: Edinburgh Rugby vs. Gloucester Rugby, TBD
• Sunday, Jan. 11 – 8 a.m. ET: Toulon vs. Munster Rugby, Stade Félix Mayol

Round 4 

• Friday, Jan. 16 – 3 p.m. ET: Bath Rugby vs. Edinburgh Rugby, The Rec
• Saturday, Jan. 17 – 12:30 p.m. ET: Munster Rugby vs. Castres Olympique, Thomond Park
• Saturday, Jan. 17 – 3 p.m. ET: Gloucester Rugby vs. Toulon, Kingsholm

Investec Champions Cup Pool 3

Round 1 

• Friday, Dec. 5 – 3 p.m. ET: Bayonne vs. DHL Stormers, Stade Jean Dauger
• Saturday, Dec. 6 – 12:30 p.m. ET: La Rochelle vs. Leicester Tigers, Stade Marcel Deflandre
• Saturday, Dec. 6 – 12:30 p.m. ET: Leinster Rugby vs. Harlequins, TBD

Round 2 

• Friday, Dec. 12 – 3 p.m. ET: Leicester Tigers vs. Leinster Rugby, Mattioli Woods Welford Road
• Saturday, Dec. 13 – 8 a.m. ET: DHL Stormers vs. La Rochelle, Nelson Mandela Bay Stadium
• Sunday, Dec. 14 – 8 a.m. ET: Harlequins vs. Bayonne, Twickenham Stoop

Round 3 

• Saturday, Jan. 10 – 12:30 p.m. ET: Leinster Rugby vs. La Rochelle, TBD
• Saturday, Jan. 10 – 3 p.m. ET: Leicester Tigers vs. Bayonne, Mattioli Woods Welford Road
• Sunday, Jan. 11 – 8 a.m. ET: Harlequins vs. DHL Stormers, Twickenham Stoop

Round 4

• Saturday, Jan. 17 – 10:15 a.m. ET: Bayonne vs. Leinster Rugby, Stade Jean Dauger
• Saturday, Jan. 17 – 10:15 a.m. ET: DHL Stormers vs. Leicester Tigers, DHL Stadium
• Sunday, Jan. 18 – 10:15 a.m. ET: La Rochelle vs. Harlequins, Stade Marcel Deflandre

Investec Champions Cup Pool 4

Round 1 

• Saturday, Dec. 6 – 10:15 a.m. ET: Vodacom Bulls vs. Bordeaux-Bègles, Loftus Versfeld
• Saturday, Dec. 6 – 3 p.m. ET: Scarlets vs. Bristol Bears, Parc y Scarlets
• Sunday, Dec. 7 – 8 a.m. ET: Pau vs. Northampton Saints, Stade du Hameau

Round 2

• Saturday, Dec. 13 – 12:30 p.m. ET: Bordeaux-Bègles vs. Scarlets, Stade Chaban-Delmas
• Sunday, Dec. 14 – 10:15 a.m. ET: Northampton Saints vs. Vodacom Bulls, cinch Stadium @ Franklin’s Gardens
• Sunday, Dec. 14 – 12:30 p.m. ET: Bristol Bears vs. Pau, Ashton Gate

Round 3 

• Saturday, Jan. 10 – 8 a.m. ET: Vodacom Bulls vs. Bristol Bears, Loftus Versfeld
• Saturday, Jan. 10 – 3 p.m. ET: Scarlets vs. Pau, Parc y Scarlets
• Sunday, Jan. 11 – 10:15 a.m. ET: Bordeaux-Bègles vs. Northampton Saints, Stade Chaban-Delmas

Round 4

• Friday, Jan. 16 – 3 p.m. ET: Pau vs. Vodacom Bulls, Stade du Hameau
• Sunday, Jan. 18 – 8 a.m. ET: Bristol Bears vs. Bordeaux-Bègles, Ashton Gate
• Sunday, Jan. 18 – 10:15 a.m. ET: Northampton Saints vs. Scarlets, cinch Stadium @ Franklin’s Gardens

How To Watch Rugby Matches In The United States On FloRugby

The URC will stream all its matches on FloRugby and the FloSports app in the United States. FloRugby and FloSports also are the U.S. home to: 

• Gallagher PREM Rugby
• Investec Champions Cup
• EPCR Challenge Cup
• Currie Cup
• Top 14
• Super Rugby
• And more

FloRugby also is home to match archives and match replays. 

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