Arsenal will be back in action for Europa League later this month after missing out on a Champions League place in May.
They had a chance of playing Champions League, but they missed out on it when they lost against Atletico Madrid in the Europe League semi-final.
The draw for the competition took place in Monaco last Friday and Arsenal will be playing against FC Vorskla, Qarabag and Sporting Lisbon.
Chelsea are the current favourites at 5/1 to lift the trophy in Azerbaijan, meanwhile, Gunners are second favourites to triumph at 9/1.
The probability of Arsenal going through the group stage and making the round of 32 is 91%, with the Gunners at 59% to then make it through to the round of 16.