England and France Favored to Win

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Updated: April 29, 2021

Covers Staff

Clock Icon Apr 29, 2120 – 4:24 PM ET

We’ve seen some recent movement in Euro 2020 betting odds and no longer have a three-way tie at the top of the board.

As we approach May and are just a little over a month out from the start, England and France are tied at +500 odds as the Euro 2020 favorites.

Belgium was tied with both countries for the best odds to win Euro 2020 (UEFA insists that it still be called this despite a June 2021 start date) but now sits third at +600. Other favorites include Germany and Spain.

The UEFA European Football Championship is a competition that takes place every four years and features 24 teams.

Here are the current European Championship futures odds:

Odds to Win Euro 2020

Country Odds to Win
England +500
France +500
Belgium +600
Germany +700
Portugal +800
Spain +800
Italy +1,100
Netherlands +1,200
Croatia +2,800
Denmark +3,300
Turkey +5,000
Russia +6,600
Switzerland +6,600
Ukraine +6,600
Poland +8,000
Sweden +8,000
Austria +10,000
Czech Republic +12,500
Scotland +15,000
Slovakia +15,000
Wales +15,000
Hungary +25,000
Finland +50,000
North Macedonia +50,000

Odds courtesy of bet365 as of April 29, 2021.

Past UEFA European Championship Winners

Year Winner Runner-Up
2016 Portugal France
2012 Spain Italy
2008 Spain Germany
2004 Greece Portugal
2000 France Italy
1996 Germany Czech Republic
1992 Denmark Germany
1988 Netherlands Soviet Union
1984 France Spain
1980 West Germany Belgium

How to Bet Euro 2020 Futures Odds

Betting on the outright winner of Euro 2020 is an extremely popular futures betting option and odds usually come out soon after the previous Euro winner is crowned. These odds will adjust based on how countries and players perform leading up to the tournament. Sportsbooks will also adjust the soccer odds based on handle and liability with certain nations.

Futures odds are displayed in list form, showing each option and its odds – most often ranked from best chances to win to worst. You will usually see a plus (+) sign in front of a team’s futures odds, like this:

This means that on a $100 bet, you would stand to win $500 if England won Euro 2020. As we get closer to the Euro final or if one team has been extremely dominant, you might see a country with a minus sign (-) ahead of its odds. 

This would mean that you have to bet $110 to win $100 on a Belgium Euro 2020 outright victory.

Above we have posted the American odds for Euro 2020. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. 

Where can I bet on Euro 2020 odds?

As a signature tournament for the most popular sport in the world, almost every online sportsbook and casino will offer odds for Euro 2020. Check out the best sportsbooks available where you live.


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