
Seeing the odds like this for one of the biggest events of next game week makes me really interested.

Liverpool have all the right to be favoured in this way. Because they have played much better than Real Madrid in the Champions League so far. I assume there wouldn't be anyone to stand against that. Real Madrid are just clueless after losing to Lille and Milan like that.
If I bet on a side here, my choice would clearly be Liverpool.

However if I decide to bet on the number of goals instead, I would go for over 2.5 goals @1.57 probably.
I will bet the same as you besides how bad Real Madrid's performance was before, and many Madrid players got injured. But I guess Real Madrid won't give up so easily because they don't want to be humiliated as the defending champion. Real Madrid is already looked down upon by fans, and football observers so that under current conditions they must rise up to prove that they are a team that does not give up easily.
We know Liverpool is a team that has the upper hand, but with the condition of the team that has just found its best performance, there is usually a time they will slip and be careless. Real Madrid knows that, and maybe it's time for Ancelotti to implement his secret strategy to face a big team like Liverpool.
I won't get excited, because there is a possibility to draw.