When it comes to the footballing calendar, the European Championship has to be one of the most significant events. The competition occurs every four years, with the first finals taking place in 1960.

Due to the COVID pandemic, the 2020 Euro Championship was postponed. It now begins on the 11th of June 2021, with the final held on the 11th of July.

In this article, we look at the best Euro 2020 odds and what to look for in an online bookmaker. For more specific Euro 2020 Betting Offers you can see what our team of experts have selected.

Euro 2020 Betting Odds: Outright Winner

As you can imagine, one of the most popular markets is for the outright winner of the tournament. By placing an ante-post bet, you’re making a prediction before the contenders have made it to that final game.

The early bird catches the worm as they say, so punters tend to get better prices on the tournament winner by betting before the action begins. There are plenty more exciting betting markets offered by bookies though. Read on for some more to look out for before the tournament begins.

Euro 2020 Odds: Group Stage and Top Scorer

Bookmakers mainly focus on popular betting opportunities, with the occasional bookie also featuring a few specialist odds. You’ll discover a host of options, from top goalscorer odds and final qualifiers to best tournament player and many more.

Euro 2020 Group Stage Odds

When it comes to group stage bets, your main aim is to choose a side that you believe will finish first or second in their group, or third with the highest points. For instance, if you decide to back the Netherlands to go through from Group C, your bet will be successful if the Dutch team finishes at the top of their group or runners up.

The less chance a team has of qualifying for the knockout stage, the higher the betting odds. Take Austria, also in Group C, as an example. You’ll receive a higher payout if you back them to go through because they have fallen short in previous competitions. This is in comparison to the Netherlands who have performed well throughout the history of the tournament.

Either spread your chances across all groups with an accumulator bet or concentrate on the most valuable odds. For the current Euro 2021 competition, Group B features some of the more exciting betting options. The group is made up of Russia, Denmark, Belgium and Finland. Although Belgium are by far the better team here, the rest are fairly evenly balanced.

Top Scorer Odds for Euro 2020

If you don’t mind a long wait, the competition’s top scorer always attracts some exciting odds. The bet’s premise is to identify which player you think will score the most goals throughout the entire tournament.

You’ll see the usual big names like Cristiano Ronaldo, Harry Kane, and Romelu Lukaku on the Euro 2020 top goal scorer list. Because of their track record, the odds aren’t too favourable compared to new young players that need to prove themselves still. Keep your eyes out for strikers in teams that have an easier draw.

Once you’ve found an option that appeals, simply place your bet. Odds change as time passes, so that’s why the sooner you bet, the more money you stand a chance of making as the odds on offer will be higher.

Euro 2020 Odds: Favourites and Outsiders

The outright odds at the Euro 2020 are generally pinned to the teams with the best track record in the competition. But the tournament is renowned for upsets and surprises, so there’s no such thing as a sure bet.

Here we look at a few teams that show a lot of potential. Keep in mind there are plenty of other teams capable of winning the tournament though.

England

For Euro 2021, manager Gareth Southgate will be putting together a young squad eager and ambitious to prove themselves. Although the side has players known for scoring goals, it may lack the more mature leadership to keep a level head. They’ll need to concentrate on their defence and tighten it up to stand a chance of winning the tournament.

Plenty of hopes will rest on Harry Kane’s shoulders as England’s frontman and goal scorer.

Belgium

Belgium are continuously considered a favourite for football competitions, especially in recent years. Some see this as a result of the squad’s impeccable skill of working together, while others feel it’s due to a large number of players gaining experience in the top club leagues around the world.

Considering their results in Euro 2020 qualifying it’s easy to see why Belgium are seen as a favourite. They won all ten games, scoring 40 goals in total. That’s an incredible four goals per game. They also only conceded three goals.

Spain

Any football fan knows to never write off the Spanish national team. They didn’t lose a game in the qualifying rounds, winning eight and drawing two. The Spanish side have some sparkling performance stats and always have some of the best players in the world.

It’s been a decade since they won the World Cup, and since then, the Spanish haven’t exactly repeated their success. As a result, bookies have dropped the national squad down the list of favourites.

Italy

Plenty of attention will be on Italy for this year’s Euros. Decent doesn’t begin to describe their riveting performances in the qualifying stages. With ten wins in ten matches, it’s not hard to imagine Roberto Mancini’s squad lifting the trophy at the end.

That was an excellent performance after sensationally missing out on the World Cup in Russia. But that helps with backing the Azzurri as it hasn’t received the shortest odds, making them a potential gold mine if you decide to put your faith in this skilful side.

Euro 2020 Odds and Welcome Bonuses

Not only is it crucial to pick the right nation, but also to find the top odds. You should always use a selection of bookies to compare and find the most favourable odds for your specific bet.

Another aspect to consider is the sports bonuses and welcome promotions provided by bookmakers. These bonuses can boost your winnings by matching deposit amounts and awarding free bets. Make sure you pay attention to all wagering requirements to avoid any upsets.

Euro 2020 Odds FAQs

What types of odds are offered during Euro 2020?

Registered bookmakers offer odds on several betting markets, including the top goal scorer, outright competition winner, and more. Odds range in amount and depend heavily on favourites and underdogs.

How do I place a bet on Euro 2021?

Firstly, select the link to the odds table offered by your chosen bookmaker. Then, find the team you would like to back and then click on the odds. Usually, you’re directed to your betting slip where you can enter the amount you wish to stake. Finally, all you need to do is confirm your bet and then wait for results.

How does live betting odds work? Will it be possible during Euro 2020?

Live betting or in-play betting is when you place a bet on a match that is already underway. The odds regularly update depending on what happens in the game. Although this type of betting can be very exciting, you may not get the best odds. Most bookies will offer live betting during Euro 2021.

When is the best time to bet on the outright winner or for top goalscorer?

The sooner you place your wager on any Euro 2021 betting markets, the better. Odds generally shorten the closer you get to the start of a particular game or event.

Which kind of special offers will be available during the event?

Special promotions for the tournament will vary depending on the bookmaker. Bonuses to look out for feature money back, odds boosts, free bets, promotions and more.