The two sides have previously met four times in the competition, with the Bavarians winning twice, Arsenal once and the other game ending in a draw.
Bayern have scored in each of their last 12 Champions League games, so both teams to score looks a distinct possibility at odds of 9/14.
The last time the two sides met Arsenal ran out 1-0 winners and a repeat of that scoreline is 17/2.
However given Bayern's goalscoring record, Arsène Wenger’s side will do well to keep a clean sheet, and that makes a 2-1 home win look worth considering at 9/1.
Follow GunnersGaming on Twitter - @GunnersGamingBBCopyright 2014 The Arsenal Football Club plc. Permission to use quotations from this article is granted subject to appropriate credit being given to www.arsenal.com as the source 18 Feb 2013