Love football and sports betting? Can’t wait for the excitement of Euro 2020, but not really an expert on the odds offered by bookmakers? No problem! On this page, we’ll tell you everything you need to know about the odds for Euro 2020. As you’ll see, there’s nothing very complicated about it.
First of all, of course, we need to provide a definition of these Euro odds that will be found on sports betting websites during the tournament. The odds are a numerical expression directly related to sports betting. They play a central role in betting, since they determine the value of each bet on offer. For example, if you want to bet on the French team beating Belgium, you will actually be wagering your money on the odds for the “France win” bet, which may be 2.20, for example.
As far as the levels of odds are concerned, you should know that the different bookmakers’ odds on offer during the Euro will generally vary from 1.01 to 7.00, depending on the probabilities. So, to put it simply, the higher the odds on a European Football Championship match, the lower the likelihood of the bet in question winning. And conversely, the lower the bookmaker’s odds for a bet, the greater the likelihood of this bet winning. Let’s take the example of a possible match between France and Finland.
In this head-to-head that should be largely in favour of Didier Deschamps' “Les Bleus”, the odds for the “France win” bet will therefore be low (e.g. 1.60), whereas the odds for a “Finland win” bet will be quite high (e.g. 5.50). The difference in values can therefore be explained by a difference in probabilities between the two scenarios, with France far more likely to win than Finland, on paper.
As well as being able to estimate the probabilities for the various bets on the Euro in an instant, it is especially important to bear in mind that these odds will always determine the value of the potential winnings of your sports bet. Therefore, you can simply use the Odds x Stake = Winnings formula to calculate the amount you could win for a winning bet to the nearest penny, and therefore determine whether (or not) it is worth placing your bet. Let’s return to the France-Finland match to illustrate this formula, with a stake of €10.
This clearly shows that the winnings will vary according to the odds at which the bet is placed, and that the higher the odds, the higher the winnings will be. Of course, this implies that the bet will be riskier, however, since the chances of it turning out to be a winner will be lower. It’s up to you to judge whether the risks are worth taking.
As we have just seen, the value of the given odds will directly influence the amount to be won on your bet. Therefore, since higher odds mean bigger winnings, you’ll understand the benefit of always betting at the best possible value. And since different sports betting sites often offer different odds for the same bet, you’ll also understand the benefit of always comparing them before betting. Here’s proof of this for the France-Finland match, given by the following calculation:
This shows that for the same amount wagered on the same bet, there is a €5 difference in winnings between the best odds (through Bwin) and the lowest (through PMU). Just imagine how these differences will add up throughout this 2020 tournament, i.e. after 51 matches! So, if you're trying to maximize your winnings between June and July, you know what to do… Use our Euro 2020 odds comparator!
In this quest to compare odds, and to help you pocket the maximum winnings during Euro 2020, the entire Wincomparator team has developed a powerful tool that is totally dedicated to the UEFA competition: a bookmakers’ odds comparator for the Euro Football Championship.
Every day, from the group-stage matches through to the Grand Final on 12 July, 2020, it will give you instant access to the best odds on the French market, and you’ll therefore be able to identify which bookmaker can offer you the highest possible winnings for your bets on the entire Euro tournament. In addition to earning you money, comparing odds in this way will save you lots of time, since you’ll no longer need to visit all the betting sites individually, which could also lead to certain odds being reduced. Sometimes, every second counts!
To determine the best odds on Euro matches, the technology used in our comparison table is simple: all the bookmakers' odds are analysed in real time, and the highest ones are displayed beside each match. This eliminates any doubt and means that you’ll be ready to benefit from the best Euro 2020 odds available. It’s child's play.
Finally, to conclude this special page devoted to odds for the Euro Football Championship, we strongly advise you to register on all the current sports betting websites. Indeed, what would be the point of knowing which bookmaker offers the best odds for your bet if you don’t have an account with them? So, for optimal sports betting performance during the Euro, don’t think twice about opening multiple accounts. This will also entitle you to some attractive welcome bonuses. Happy betting and an excellent Euro to you all!