- France has the shortest odds to win the 2020 Euros as the +300 betting favorite.
- Italy (+500) and Germany (+600) are close behind as second and third options.
- Belgium and England both sit at +700 in their run to win the 2020 Euros.
LAS VEGAS – With group play underway, soccer bettors have a general idea as to how most Euro 2020 groups will finish and which teams will move on.
The odds suggest there are eight teams well above the rest in the quest to win the 2020 Euros.
Euro 2020 Winner Betting Odds
- France +300
- Italy +500
- Germany +600
- Belgium +700
- England +700
- Portugal +900
- Spain +900
- Netherlands +1200
Does France Deserve To Be Favored?
As is the case with many futures bets, being in a position to compete for the title will largely shorten a team’s odds. Given that France is -20000 to advance past the group stage, it seems fair that they’re among the betting favorites. However, online sportsbooks may have undeservingly labeled France as the most likely winner.
Italy may be playing the best of any team in the tournament. Not only are they undefeated, but they have yet to concede a goal and have the highest goal differential of all teams. Soccer betting fans may find value in betting on Italy considering their form.
Italy are the first men's side in Euros history to win every group stage game without conceding a goal 😎🇮🇹 pic.twitter.com/q88Sr0HPHx
— ESPN FC (@ESPNFC) June 21, 2021
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Actually, there’s a case to be made for a handful of countries. Belgium could very well win the tournament along with the likes of England, Germany and the Netherlands. As many teams have only played two games, there’s a lot to still play out.
It may be smart for bettors to take advantage of the well-rounded odds listed on sports betting sites and look to hedge bets later on in the tournament.
Can Any Team Make A Miracle Run?
Unfortunately, it doesn’t seem like there will be a big longshot cashing in during the 2020 Euros. After the Netherlands, the odds jump to +6000 for the next team as the chance to make it out of the group stage drop significantly.
With that said, Wales (+8000) could potentially make a run as they have qualified for the next round and played Italy the closest of any team thus far. Even Wales will have a tough road ahead of them in order to make a run, so it’s tough to see any other longshot team be able to pull off a magic stretch.
Bettors should be careful when putting their money on any Euro 2020 team too far down the oddsboard.
Nick got involved with the world of sports at a young age and never turned his back on it. He graduated from Penn State University with a degree in Broadcast/Journalism. In his free time, you can catch him at the bottom of the leaderboards on any video game he’s playing.
