Just placed a few bets on:

R. Madrid to win Champions League (odd at 6.44 European format)
Real has a great group of players this season, with the addition of Cristiano Ronaldo, Kaka, Xabi Alonso and Benzema to their existing player roster.
That should make them one of the most exciting football teams to watch in the planet along with Barça and one of the favorites to win the competitions they're in.
2010's Champions League final will be played at Santiago Barnabeu which is a great advantage for them in case they make the final (which I think they're likely to do).
This is a great opportunity for Real to extend their Champions League winning record to 10 wins and I'll take them at this early price.

Benfica to win Europa League (odd at 11.53 European format)
Benfica has a great team and also a great coach this season and that shows with them having a tremendous season so far.
If we look at the Europa League statistics now (March 1st), they have scored 18 goals so far and conceded only 4 in the competition.
Also in the statistics we can find in form wonder trio Cardozo with 6 goals scored (2nd place so far in goals scored), Angel Di Maria with 6 goal assists (1st place in this category) and also Javier Saviola in 5th place when it comes to assists with 3.
This is an evidence in regards to the quality of the team and the attacking football they've been playing all season.
On top of that they have great team players in top form like Aimar, Ramires,Javi Garcia, Fábio Coentrão, Luisão and David Luís.
They're surely one of the favorites to win this competition and IMO this is a great price for that to happen.

 everyone!