Punters are keen on four of the favorites ahead of Euro 2024.
France, second in the World Cup, gets the most action of any team at BetMGM, but most of the money goes to England. The Three Lions enter the tournament as the slight favorites over France at +350, as 16% of the tickets and almost 29% of the title go to England seeking its first major trophy since the 1966 World Cup.
England lost to Italy on penalties in the Euro 2020 final and have a squad flush with attacking talent such as Harry Kane, Jude Bellingham, Phil Foden and Bukayo Saka. However, some questions may arise about the team’s defensive depth. England coach Gareth Southgate has not been afraid to field in more defensive formations in big games; that tactical tendency could be Southgate’s way of making up for any defensive issues.
France is at +400 and probably has the deepest roster of any team at the tournament. In addition to Kylan Mbappe up front, the midfield has plenty of depth with Antoine Griezmann in a playmaking role, ahead of Adrien Rabiot and Aurelien Tchouameni. France gets the most bets at almost 19%, and 17% of the money goes to France to win.
Germany is the No. 3 favorite at +550 and will likely get an odds boost for hosting the tournament. The Germans have had a difficult time in the last two major tournaments. After finishing second in the group at Euro 2020, Germany were knocked out by England in the Round of 16. At the 2022 World Cup, the Germans were eliminated in the group stage thanks to Spain’s superior goal difference.
The Germans get just over 13% of the tickets and 13% of the money. Portugal, in what could be Cristiano Ronaldo’s last major tournament, is at +650 and gets 65% of the money and 13% of the tickets. In total, England, France, Germany and Portugal will receive 62% of the stakes to win Euro 2024 and almost 73% of the money.
There is a fifth team that also has better than 10-1 odds to win the tournament, but it won’t get the action that the other four favorites have. Spain is right behind Portugal with +700, but only gets 8% of the tickets and less than 6% of the number of tickets. The 2008 and 2012 European Championship winners don’t have a roster full of big names – probably a reason why they don’t appeal to punters – but they do have plenty of depth.
Croatia is the top player getting the most action with 4% of the bets and 3% of the money. The Croats reached the 2018 World Cup final and are +3300 to win the tournament.
Euro 2024 quotes
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England (+350)
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France (+400)
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Germany (+550)
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Portugal (+650)
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Spain (+700)
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Italy (+1600)
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Netherlands (+1600)
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Belgium (+1800)
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Croatia (+3300)
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Denmark (+5000)
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Austria (+5000)
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Switzerland (+6600)
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Ukraine (+6600)
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Turkey (+10000)
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Serbia (+10000)
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Hungary (+10000)
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Romania (+15000)
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Czech Republic (+15000)
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Scotland (+20000)
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Poland (+20000)
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Albania (+50000)
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Slovenia (+50000)
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Slovakia (+50000)
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Georgia (+50000)
