Euro 2020 Betting Preview – Who Offers the Early Value?

The early Euro 2020 betting suggests the usual suspects will be fighting it out for a place at Wembley in this year's final. We look over the main contenders...

Who are you backing to win Euro 2020?

There’s now less than six months to go until the start of Euro 2020 in what looks to be the most hardest tournament to predict in years.

England fans will be hoping home advantage at Wembley in the latter stages helps finally end 54 years of hurt – but Gareth Southgate’s side must contend with a testing group stage first.

With this summer’s festival of football spreading across 12 host cities in the group stages, it’s probably wise to expect the unexpected in the group stages.

Could we be in for an unexpected winner in 2020?

The early Euro 2020 betting suggests the usual suspects will be fighting it out for a place at Wembley in this year’s final. However, Portugal’s surprise win over hosts France four years ago shows nothing can be taken for granted in this tournament.

Here’s our look at the early odds for Euro 2020…

Euro 2020 Betting: Who Should You Look Out For?


A clutch of exciting young players, an encouraging 2018 World Cup campaign and this year’s final at Wembley. This surely has to be England’s time… right?

Home advantage from the semi-final stages onwards has helped England edge the early Euro 2020 betting as tournament favourites, but as we’ve seen from past tournaments, an expectant home crowd doesn’t always play in the host’s favour.

Gareth Southgate also has some injury dilemmas to contend with in the final third, with Harry Kane and Marcus Rashford likely to face a race against time to be back to full fitness for the summer.

FRANCE – 21/5

As they so ably demonstrated in Russia in 2018, the reigning world champions have both the quality and strength-in-depth needed to keep up their winning streak in international tournaments this summer. That said, the history books look unkind to Didier Deschamps’ side, with Spain the only team in the lifespan of this competition to successfully retain their title (2008 and 2012).

France also have a nasty habit of self-destructing after tasting victory, finishing bottom of Group A at the 2002 World Cup after winning in 1998, and slipping up in the quarter-finals against eventual winners Greece at Euro 2004 after sealing the Henri Delaunay Trophy at Euro 2000. So the big question for anyone betting on this summer’s tournament is: which France will turn up?

BELGIUM – 27/5

A credible third place at the 2018 World Cup suggests Belgium’s Golden Generation are getting closer to sealing the county a first major title on the international stage, but the Red Devils still seem to lack the killer instinct needed to finally kick on and write a new chapter for Belgian football.

With the likes of Eden Hazard (29), Kevin De Bruyne (28), Dries Mertens (32) and Axel Witsel (31) all at the peak of their powers, the Belgians could be running out of time to convert their huge depths of talent into silverware. That said, this is a team packed with winners at club level – and that experience could tell if the third favourites manage to avoid any early slip-ups in this tournament.


It’s not been much fun being a fan of the Oranje over the last half-decade, but a much-improved Euro 2020 qualifying campaign under Dutch icon Ronald Koeman’s calm stewardship suggests the Netherlands are in a much better place heading into their first major international tournament since the 2014 World Cup.

The group stage draw has also been kind to the Netherlands, placing them in Group C alongside the Ukraine, Austria and one play-off winner. That line-up shouldn’t be causing Koeman sleepless nights.


A major disappointment at World Cup 2018 – partly due to problems off the field – Spain will be looking to bounce back this summer under the management of Luis Enrique.

They sit in a reasonably favourable group alongside Poland, Sweden and a qualifier, but this still looks to be a Spanish side in transition as they continue the difficult process of reinventing themselves after their invincible spell between 2008 and 2012.

That said, they have a strong enough pool of talent to offer some intriguing value in the early Euro 2020 odds.

GERMANY – 17/2

You can never write off the Germans – at least that’s what the entire world thought until 27th June 2018. In one of the biggest World Cup shocks of all time, the reigning world champions exited the tournament with a whimper after just three games – against a South Korea side all but eliminated from the competition already before their final group game.

Die Mannschaft steered clear of the painful inquest that often begins after a poor tournament, surprisingly opting to keep the faith with Joachim Löw. The embattled German coach will be eager to repay it but could face an uphill task with his side in the Group of Death with France and Portugal.

ITALY – 12/1

After the shock of failing to reach Russia, Italy will be looking to bounce back at Euro 2020 under the astute management Roberto Mancini. The former Man City boss has shown encouraging signs of reviving Italian fortunes after guiding the Azzurri through a flawless qualifying campaigns where his side didn’t drop a point. A lack of genuine star power in the final third could still prove costly.


The reigning champions aren’t heavily fancied to pull off a repeat in 2020 but brushed off similar misgivings in 2016 to eventually lift the title in France. Cristiano Ronaldo will be on a one man mission to drag Portugal over the line once again after agonisingly limping out of the 2016 final. He’s also stuck on 99 international goals. Expect the century to be breached this summer on what could be his international swansong.

CROATIA – 25/1

Lightning doesn’t necessarily strike twice, but the 2018 World Cup finalists deserve to be respected heading into this tournament after repeatedly showing in Russia they have the technical nous and in-game intelligence to stay deep into the competition. At 34, Luka Modrić will also likely be making his final bow in a Croatia shirt – and his form could make all the difference if the Croatians are going to pull off another unlikely tournament charge.

WALES – 66/1

Surprise semi-finalists in 2016, Wales will be looking to make a splash on the European stage yet again in 2020 after Ryan Giggs survived some early scares in qualifying to eventually guide his nation to only their second major tournament in XY years.  Much will rest on the form of talisman Gareth Bale. At 30, this could also be one of his last chances to make an impression on the international stage.

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