RANGERS have been made underdogs for their Champions League play-off match with PSV Eindhoven.
Giovanni van Bronckhorst's side are 11/8 to qualify for the group stages of UEFA's elite competition.
Their opponents, PSV, have been made 8/15 favourites, according to Betfair.
The bookmakers have a price available for Rangers to win the Champions League should they make it into the groups.
However, they are rank outsiders at 300/1.
Manchester City are favourites to lift the famous trophy at 11/4, with Liverpool in at 5/1 and PSG at on at 6s.
Betfair spokesperson Sam Rosbottom said: “Rangers produced a stunning comeback to beat Royale Union Saint-Gilloise 3-0 to set up a Champions League play-off tie against PSV Eindhoven next Tuesday.
"However, PSV are the strong 8/15 favourites to qualify for the Champions League group stages, while Rangers are 11/8 to upset the odds once more.”