The chances of winning both 50:50 can be possible but the odds offered by the bookies are completely different where Real Madrid has higher odds @3.60 and Liverpool @2.00 a really far difference but I know Real Madrid is currently declining a little compared to Liverpool which is quite consistent.

I will probably bet on Liverpool with a single bet. Believe that Liverpool playing at home will be much more aggressive with their performance.
As far as we know Real Madrid has an unpredictable comeback, it is surprising that Liverpool has experienced it.
But it looks like it would be quite fun if we took the risk of favoring Real Madrid in this match and then saw Real Madrid come back and win the match. But Real Madrid's current condition is quite doubtful. Their back line is still experiencing decline due to the absence of several players due to injury. And sometimes they also miss quite a lot of opportunities obtained by the attack line. So betting on Liverpool can really make us feel a little calm because we remember that Liverpool are still the most consistent this season, both in the UCL and in the Premier League. But h2h shows that Liverpool suffered more defeats when facing Real Madrid. But I doubt it will happen again.