Euro 2024 Winner: Predictions, Favourites, Dark Horses & Winner Odds

Euro 2024 Winner: Predictions, Favourites, Dark Horses & Winner Odds

With Euro 2024 kicking off on Friday, June 14, football fans worldwide are buzzing with anticipation and placing last-minute bets on the tournament winner.

With major European leagues on a break, the Euros promise to bring the excitement and football fever that fans have been starved of.

The tournament opens with hosts Germany taking on Scotland at the Allianz Arena in Munich. Die Mannschaft will aim for a strong start as they strive to become the first sole hosts to win the Euros since France won on home soil 40 years ago.

However, the path to glory won’t be easy for the hosts. England, considered the top favourites to win Euro 2024 by leading sports betting sites, alongside heavyweights France, Portugal, Spain and defending champions Italy, will all be in the mix, each with strong ambitions to hoist the trophy after the final in Berlin on July 14.

So, who will win Euro 2024?

We examine the latest Euro 2024 winner odds for all 24 teams and gaze into our shiny crystal ball, putting our neck on the line to predict the winner.

Boosted odds on TOP events every day
Boosted odds on TOP events every dayClaim Now
*T&C Apply

Euro 2024 Winner Odds

All odds courtesy of Euro 2024 official betting partner, Betano, are correct at the time of publishing and subject to change.

Get a 50% matching bonus on your first deposit up to a whooping ₦200,000 when you open a Betano account.

50% Welcome Bonus up to ₦200.000
50% Welcome Bonus up to ₦200.000Claim Now
50% Welcome Bonus up to ₦200.000
50% Welcome Bonus up to ₦200.000Claim Now

First things first, before we get into the betting odds favourites, let’s be real: some teams at Euro 2024 don’t stand a chance.

Take Albania, who are priced at 900.00 odds to win the tournament, for example. Head coach Sylvinho worked wonders just getting them here for their second-ever international tournament. Let’s face it, they should just enjoy the ride.

Similarly, debutants Georgia and fellow long shots Slovakia and Slovenia don’t stand a chance of lifting the trophy. So, for those hoping for a Cinderella story and dreaming of a huge payout by betting on these teams, it might be best to stick to cheering on these teams, not a potential windfall.

50% Welcome Bonus up to ₦200.000
50% Welcome Bonus up to ₦200.000Claim Now

Euro 2024 Betting Favourites

England are the bookmakers’ favourites to win Euro 2024, with the Three Lions priced at 4.60 odds to win the tournament for the first time in their history.

France aren’t far behind, priced at 4.75 odds in the outright betting markets. Germany follow at 6.50 odds, Spain at 8.00 odds, and Portugal at 8.50 odds, rounding out the top contenders according to the best betting sites.

Beyond these top five teams, there’s a significant drop-off in the odds for other realistic contenders.

Reigning champions Italy are at 15.00 odds to retain their title. The Netherlands are at 17.00 odds, Belgium at 18.00 odds, Croatia at 35.00 odds, and Denmark at 50.00 odds to win Euro 2024.

200% Welcome Bonus Up to ₦100.000
200% Welcome Bonus Up to ₦100.000Claim Now
*T&C Apply

Who Will Win Euro 2024?

England @ 4.60

The bookmakers have gone for England to go one better than four years ago when they lost in the final via penalty kicks to Italy at Wembley. However, at 4.60 odds, we find the Three Lions a bit overvalued.

Under Gareth Southgate, England have shown significant improvement in major tournaments. Yet, concerns remain about his tactical acumen and championship-winning mettle. Critics argue that despite having talents like Harry Kane, Jude Bellingham, Bukayo Saka, Declan Rice, and Phil Foden, the team has underperformed.

Additionally, England are a bit short defensively. John Stones, their only proven centre-back, is injury-prone. The other defensive options, while solid, may not be Euro 2024 winning calibre, and their bench lacks true game-changers. They also enter the tournament with just one win in their last five games.

Considering they might face France, who knocked them out of the 2022 World Cup, in the semifinals, we don’t see England as good value and will pass on betting on them.

Triple bonus 200% up to ₦150,000
Triple bonus 200% up to ₦150,000Claim Now
*T&C Apply

France @ 4.75

France, in our estimation, are the best-placed side to win Euro 2024. Les Bleus possess all the hallmarks of a champion-winning team: a deep squad brimming with talent across every position, a seasoned core with past tournament success, and a top-tier manager in Didier Deschamps.

Deschamps has led the team to the finals in three of their last four international tournaments (four, including the 2021 Nations League, which they won), winning the World Cup in 2018 and only losing to Argentina on penalties in Qatar. If he triumphs at Euro 2024, Deschamps will become the first person to win the World Cup and European Championship as both a player and head coach.

Although they suffered a surprising loss to Switzerland on penalties in the round of 16 four years ago, France reached the final at Euro 2016 and should go all the way this time.

With Kylian Mbappe captaining the team for the first time at a major tournament and aiming to win the only major international trophy missing from his collection, Les Blues are our top pick to win Euro 2024.

However, their 4.75 odds to win Euro 2024 don’t quite excite us, so we’ll pass.

France to Win Euro 2024 @ 4.75
France to Win Euro 2024 @ 4.75Bet Now

Germany @ 6.50

No sole hosts of the Euros have lifted the title since France in 1984, and that won’t change this year.

Germany’s 6.50 odds to win Euro 2024 likely stem more from being hosts than any footballing reason. Despite boasting great Euros pedigree with three titles (although, none since 1996) and about to make a record-extending 14th European Championship appearance, their recent competitive record doesn’t justify these odds.

Die Mannschaft haven’t won a knockout game at a major international tournament since Euro 2016. They suffered group stage eliminations in the last two World Cups and were knocked out in the round of 16 at Euro 2020. Additionally, they haven’t kept a clean sheet in 12 consecutive games across the World Cup and Euros.

The hosts haven’t played a competitive match for over a year and have lost six friendly matches since their first-round exit at the 2022 World Cup in Qatar.

Given these factors, we’re steering clear of Julian Nagelsmann’s side at this tournament.

Boosted odds on TOP events every day
Boosted odds on TOP events every dayClaim Now
*T&C Apply

Portugal @ 8.00

We really like Portugal’s chances in Germany. They have the easiest group of all major contenders, facing Czechia, Turkey, and Georgia. This favourable draw means they’ll likely avoid England and France until the final.

Their 8.00 odds to win Euro 2024 offer great value.

Like France, Portugal boasts a stacked team with quality in every position. They were the only team to finish with a perfect qualifying record, winning all ten of their Euro 2024 qualifiers, scoring more goals (36) than any other team, and having the best defensive record, conceding just two goals.

This is tournament-winning form. As the 2016 champions and the only team to reach the knockout stages in each of the last seven Euros, dating back to 1996, they look set to continue their momentum in Germany.

Captain Cristiano Ronaldo is a point of debate regarding his fit in Portugal’s best starting eleven. However, his experience and mentality are invaluable to the squad. His 10 goals in qualifying were second only to Romelu Lukaku’s 14. Ronaldo also holds the record for most games (25) and most goals (14) at the Euros and will be motivated to score at a record-extending sixth Euro tournament, but not to the team’s detriment.

Portugal can also rely on Manchester United’s Bruno Fernandes, who is in the form of his life, leading all players in assists (7), expected assists (6.1), chances created (37), and chances created from open play (24) during qualifying.

While manager Roberto Martinez raises some doubts, given his perceived underachievement with Belgium’s “Golden Generation”, the talent in this Portugal side makes Euros 2024 a fantastic opportunity for him to silence his critics.

If you can overlook Martinez’s past, Portugal at 8.00 odds to win the tournament is a great bet for Euro 2024.

Portugal to Win Euro 2024 @ 8.00
Portugal to Win Euro 2024 @ 8.00Bet Now

Other Contenders

Three-time champions Spain are far from their peak and face a tough group with Italy, Croatia, and Albania. Their 8.50 odds to win Euro 2024 don’t entice us. While La Roja have an exciting mix of youth and experience and won the 2023 Nations League, this tournament might be too soon for them. Spain should be better placed in four years when talents like Pedri and Yamine Lamal hit their peak.

The last two defending champions, Spain and Portugal, failed to advance past the last 16 in 2016 and 2020. Current champions Italy, priced at 15.00 odds, might suffer a similar fate. Their group is the toughest, and this tournament might come too soon for an Azzurri squad in transition.

The Netherlands haven’t reached the semifinals at any Euros since 2004, and that run looks set to continue in Germany. Their 17.00 odds seem overly generous, especially after losing key players Frenkie De Jong and Teun Koopmeiners to injury just days before the start of the tournament. A quarterfinal finish is likely their ceiling.

Belgium, at 18.00 odds, are another team we doubt. Despite Lukaku’s scoring ability and Jeremy Doku’s threat, captain Kevin DeBruyne’s injury concerns and a shaky defence diminish their chances.

Croatia, at 35.00 odds, are an intriguing prospect, given their tendency to overperform at major tournaments. However, they’ve often saved their fairytale runs for the World Cup and haven’t advanced past the round of 16 since the Euros expanded to 24 teams. They also face tough group opponents in Spain and Italy.

110% Welcome Bonus Up to ₦50.000
110% Welcome Bonus Up to ₦50.000Claim Now
*T&C Apply

Dark Horses

Ten of the 16 previous Euro Championships have been won by Germany, Spain, France or Italy, so this is not a tournament given to Cinderella runs and underdog triumphs.

That is not to say there haven’t been shock winners. Greece triumphed as 80.00 odds underdogs in 2004. Denmark weren’t even among the odds when they won in 1992, having originally failed to qualify for the tournament in Sweden.

100% Welcome Bonus Up to ₦50.000
100% Welcome Bonus Up to ₦50.000Claim Now
*T&C Apply

So, which teams can pull off an upset at Euro 2024?

Switzerland had their best-ever Euros at the last edition, knocking out then-World Champions France before losing on penalties to Spain in the quarterfinals.

At 85.00 odds to win Euro 2024, they are certainly worth some consideration. Despite finishing behind Romania in qualifying, their strong underlying numbers (2.36 xGF, 0.63 xGA per game), bettered only by France and Portugal suggest they’re better than their results indicate.

Turkey are always worth keeping an eye on in major tournaments and are an intriguing prospect at 75.00 odds. They have the precocious Arda Guler in their team, but their recent 6-1 loss to Austria suggests they are better left alone.

Austria, at 80.00 odds, impressed in qualifying but must cope without captain David Alaba, who misses the tournament with injury.

Ukraine, also at 80.00 odds to win Euro 2024, are an intriguing prospect and one we are minded to take a punt on.

They have a really solid team with La Liga’s top scorer Artem Dovbyk, Real Madrid’s Andriy Lunin, and Arsenal’s Oleksandr Zinchenko. They will not lack motivation, being a beacon of hope for a war-torn nation – a fuel as powerful as any to propel them in this tournament.

Additionally, they have a resilience about them, after scoring late winners against Iceland and Bosnia & Herzegovina to reach the tournament through the playoffs.

They are good enough to at least finish behind Belgium in their group and are more than capable of upsetting the odds in Germany.

100% Welcome Bonus Up to €100
100% Welcome Bonus Up to €100Claim Now
*T&C Apply

Denmark To Shock at Euro 2024?

However, our top dark horse is Denmark. They didn’t have the best World Cup in Qatar. However, they were fantastic at Euro 2020, only losing to England in the semifinals after extra time.

Opta’s Super Computer gives Denmark a 2.2% chance of winning Euro 2024, the highest outside the top eight nations. Plus, their 50.00 odds to win Euro 2024 are enticing enough to justify an outlay.

They’ve made at least the quarterfinals in two of the last three Euros, so they have a good recent record in the tournament.

Denmark also have a deceptively solid squad with a blend of experience and talented youth, featuring Kasper Schmeichel, Andreas Christensen, Simon Kjaer, Christian Eriksen, Morten Hjulmand, Pierre-Emile Højbjerg, Rasmus Højlund, and Jonas Wind.

That squad depth is as good as any outside England, France and Portugal. Head coach Kasper Hjulmand also offers continuity and a steady presence in the dugout.

The Danes come into the tournament in fantastic form, with three straight wins and just a solitary loss in 13 games. While they face a challenging group featuring England and Serbia, Denmark should still make the knockouts, where they will be more than a match for any team.

Denmark boasts the greatest fairytale in Euros history with their 1992 win, and they could well repeat it at Euro 2024.

Denmark to Win Euro 2024 @ 50.00
Denmark to Win Euro 2024 @ 50.00Bet Now

Euro 2024: Our Verdict

France are the standout team to win Euro 2024, but at 4.75 odds, they offer little value.

We recommend Portugal, who are equally strong and offer better value at 8.00 odds. Alternatively, you can opt for the double chance of France or Portugal to win Euro 2024 at 3.15 odds on Betano.

While several teams are worth considering as dark horses, we are most excited by Denmark and like the 50.00 odds on them to win Euro 2024.

For a comprehensive overview of Euro 2024, including the schedule, fixtures, kick-off times, and viewing options in Nigeria, see our in-depth article.

We’ve also put together the best Euro 2024 bonuses and betting offers from the best sports betting sites in Nigeria, here, and you can find the official squads and player lists for all 24 teams here.

Meanwhile, make sure to check out the latest betting offers from Nigeria’s best betting sites to use on your betting action throughout the upcoming week!

Triple bonus 200% up to ₦150,000
Triple bonus 200% up to ₦150,000Claim Now
*T&C Apply
Predict 6 Scores Win ₦10.000.000
Predict 6 Scores Win ₦10.000.000Claim Now
*T&C Apply
Share Related Articles Newsletter