For the first time ever, there is no official host for the Euros. Instead, 12 different countries will host matches throughout the month-long competition. That means no country will qualify by virtue of being host, and no country will have a definitive home advantage throughout the course of the tournament. Although the competition is still 10 months away, let’s take a look at the current Euro 2020 betting odds and see where the value lies.
Euro 2020 Betting Odds at BookMaker.eu
Odds to Win Euro 2020
France +325
England +425
Spain +675
Germany +675
Belgium +675
Holland +850
Italy +1550
Portugal +1550
Croatia +2350
Ukraine +6250
Denmark +6250
Switzerland +7500
Poland +7500
Russia +7500
Serbia +7500
Others at +10000 or more
Qualifying for the competition is still underway, but France are the unsurprising favorites after winning the 2018 World Cup. The French are currently tied with Turkey and Iceland atop their qualifying group, but they should have no problem qualifying and have enough talent to make any other country jealous.
Paul Pogba, Antoine Griezmann, and Kylian Mbappe make this one of the most deadly attacks in the world and they can defend extremely well with N’Golo Kante in the midfield and Raphael Varane and Samuel Umtiti along the back line. They were runner-up at the 2016 Euros to Portugal, and they are out to win their third title.
England have yet to win a European Championship, and they have never even made it to the final. However, hopes for the Three Lions are high coming into this competition after an impressive performance at last year’s World Cup.
Gareth Southgate has invigorated this team with his enthusiasm and the youngsters will be even better next year. There is a lot of steel in the back line and Raheem Sterling, Harry Kane, and Marcus Rashford are all forwards that can take it upon themselves to score. The only thing missing is a dynamic midfielder that can create and distribute. If someone emerges over the next year, England will have a great chance to win it all.
I understand the respect for Spain given their run over the last dozen years, but this team does not have the same talent as those past teams. Players like Isco and Alvaro Morata have yet to live up to the billing, and there are neither the scorers nor defenders we saw earlier this decade. I would fade Spain at this price as I believe they should be 12-1 or higher.
Germany have the most impressive football pedigree of any country in Europe. They have four World Cup titles and three European Championships to their name, but they crashed out of the last World Cup in the Group Stage and there are a number of question marks about the team.
The Germans don’t have a proven goal scorer that can find the back of the net anymore. Miroslav Klose and Lukas Podolski have since retired, and Thomas Muller had his troubles at the 2018 World Cup. They have some young talented players that can possibly fit the role, but I don’t trust this team enough to back them at this price.
I am more than willing to ride with Belgium though. The Belgians delivered on the promise to finish in third place at the 2018 World Cup, and this squad has one more run. Eden Hazard, Romelu Lukaku, and Kevin De Bruyne are all in their 20s, and the back line should be able to keep it together although they are getting a bit long in the tooth.
The only other team with odds of less than 10-1 is Holland. There is a lot of hype surrounding the Dutch after what we saw from Ajax last year, but this squad needs more seasoning. The next World Cup will be the first time they can really contend for glory.
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