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The 16th UEFA European Championship was originally set to sick off in the summer of 2020 on June 12. However, due to the coronavirus outbreak, the tournament has now been moved to June 11 – July 11, 2021. We’ve been tracking the odds to win the tournament since they opened and throughout qualifying. The graphs below are generated by calculating the average from a selection of the most trusted sportsbooks.

Current Euro 2020 Odds & Favorites

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Latest Euro 2020 Winner Odds

Team Odds at DraftKings
England -120
Italy -104

Odds as of July 8

Here are some notes on major line moves leading up to and during the tournament.

  • [7/8/21] It’s expected to be a close final with DraftKings listing both England and Italy at negative odds. Playing at home, the English are the -120 favorites to bring it home
  • [7/4/21] Once as long as 80-1 odds, the lowest remaining ranked Danes are now into the semis with average odds of +975
  • [6/29/21] With France eliminated, England are now top favorites at +200 odds
  • [6/23/21] Despite a strong group stage, Belgium’s odds, being drawn into the tougher left side of the bracket, have lengthened to +900
  • [6/19/21] With a Group F win over Portugal, Germany now has +575 title odds. North Macedonia are the first team to be officially eliminated from the competition
  • [6/15/21] After losing to France 1-0 in their first match, Germany’s odds have fallen from +800 to +1100
  • [6/7/21] Just a few days out from kick off to Euro 2020 and France’s odds have shortened slightly since May from ++500 to +465
  • [5/19/21] With the tournament just under a month away, Portugal’s odds have come in from +1400 in the fall to +800 now
  • [11/13/20] The field is set after Scotland, Slovakia, Hungary and North Macedonia claimed their spots in the qualifying playoffs. With each group set, it’s France at +500 who are just slightly favored ahead of Belgium and England at +550
  • [3/17/20] The Euros have been postponed until 2021 due to the coronavirus outbreak, leaving England as the current +450 favorites
  • [12/2/19] After being drawn into what looks like the “Group of Death”, odds have lengthened on each of Germany (+767 to +817), France (+377 to +510) and Portugal’s average remaining right around +1300 but drifting to as long as +1600 at some shops
  • [11/20/19] With the Euro 2021 Group Stage qualifying now complete, 20 teams have booked their ticket so far, with France still listed as the outright favorite with average odds of +377
  • [10/7/19] Ahead of Matchday 7 of the qualifying group stages, Portugal has seen some support in the betting markets since the summer, adjusting slightly from 16-1 to 15-1
  • [6/18/19] After winning the inaugural UEFA Nations League Final, Portugal have actually seen their average Euro 2021 odds drift to +1600 from +1333 in March. While finalists Netherlands have seen their odds shorten to +900 from +1200
  • [3/20/19] France’s odds have gotten slightly longer, but they still remain the team to beat as Euro 2021 qualifying approaches

Odds for Past UEFA European Championship Winners

France had the shortest opening odds on July 16th when betting first opened. Les Bleus won it all in 1984 and 2000, and finished second in 2016 after losing in heartbreaking fashion to Portugal 1-0 after extra time.

Past 10 UEFA European Championship Winners

Year Winner
2016 Portugal
2012 Spain
2008 Spain
2004 Greece
2000 France
1996 Germany
1992 Denmark
1988 Netherlands
1984 France
1980 West Germany

No country has won more UEFA European Championships than Germany, which captured titles in 1972 and 1980 (as West Germany) and in 1996. Die Mannschaft were also runners-up on three occasions in 1976, 1992, and 2008.

Euro 2020 Key Dates

Event Date
2021 Tournament June 11 – July 11, 2021
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Ryan is SBD's resident soccer pro, though his repertoire is by no means limited to a single sport. His articles have been published by the Canadian Hockey League (CHL), Ontario Hockey League (OHL), and the Kitchener Rangers, and outlets like SportsXpress and Shredthespread.com