Euro 2024 Betting Guide: How to Bet, Top Sportsbooks & Odds

UEFA Euro 2024 official logo

The UEFA Euro Cup is set to kick off in Germany in June 2024 and last for a month. This massive, thrilling tournament will feature the top international teams in Europe squaring off for a chance at glory.

Who will secure their spot in history, and more importantly, how can you wager on it? Below, we’ll dive into the key details of what to expect from this thrilling event and how to start placing bets.

Best UEFA Euro 2024 Betting Sites

How Do You Bet on Euro 2024

The Euro 2024 will likely be the most watched sporting event of the year across the world, and naturally, all betting sites will be covering this massive occasion. This month-long event will be one that is watched and betted on in locations spanning the globe, and you won’t want to miss out on the fun.

If you are one of the many people looking to place wagers, there’s a lot to know. Luckily, we are here to help. Below, we will explain all the things you need to know to begin betting on soccer and, more specifically, the Euro Cup. Buckle up, and let’s get into it below.

Odds

To understand sports betting, you need to understand the odds. Odds are the indicators that show you the projected likelihood of a specific event and how much bettors will win if they place a wager on an outcome. The first thing you’ll need to know is how to read odds.

Reading odds is very simple. In Canada, the most popular odds format is American. American odds show you how much you would need to bet to make a $100 profit, or how much profit you would make on a $100 bet, depending on whether it is + or -.

A + bet shows you how much profit you’d make on a $100 bet. If something is +200, a $100 bet would earn you a $200 profit. If something is -, it shows you how much you’d need to bet to earn $100 profit. For example, if Italy is -200 in a game, a $200 bet on Italy would earn you a $100 profit if Italy wins.

Let’s look at an example of how this would look for Euro 2024 odds. If France is playing Belgium, the line could look something like this: France -190, Tie +100, Belgium +200.

One of the unique things to consider for Euro 2024 odds is that each website will have different odds. So, if you are dead confident that a team will win, you can shop around for different sports betting sites that have the most favourable odds for the team you believe will win.

Most Popular Markets

Odds are what dictates how much you will win, but markets are what you are actually wagering on. Markets are the individual outcomes that bettors can choose to bet on. These can be within a single game or within a tournament.

Everyone likes different markets because everyone prefers to focus on different things while watching the game. Before we get into the different markets and why people like each one, let’s briefly discuss single bets and parlays.

Single bets are wagers on one outcome. For example, you can bet on the total number of goals in a game. This is just one bet, and if that outcome hits, you win your bet. A parlay is a bet that ties together multiple outcomes. So, for example, bettors could wager on Germany winning their match, Italy winning their match, and England winning theirs. Each outcome would need to hit for the bet to cash.

With that said, let’s look at some of the popular Euro 2024 markets and why bettors love them.

  • Match Result: Bettors enjoy this market for its simplicity. They simply need to select what they believe the final result will be, with their options being a win for Team A, a tie, or a win for Team B.
  • Correct Score: The correct score is a fun one for bettors who like to take a little bit of a risk with the chance of earning a high reward. Picking the exact score in a game is no easy task, but it yields a big payout.
  • Double Chance: For bettors who prefer to stay on the safe side, this might be your ideal market. Double chance allows bettors to pick any two of the three potential outcomes in a game (Team A wins, Team B wins, or tie). However, be warned; payouts are typically low on this market unless bettors wager against a heavy favourite.
  • Total Goals: Total Goals is another market that is unpredictable but full of fun. For this, bettors can wager on the over/under for the total amount of goals scored in a given game. This will typically have a solid payout but is hard to nail.
  • Anytime Goalscorer: The anytime goalscorer market is typically another safe one. Bettors can pick whether a team will score at all in a given game. If you choose a favourite with a strong offence, like England or Germany, this will not have a high payout. But if you pick a massive underdog, there can be a solid return.
  • Double Result: Bettors love the double result because it can have a substantial reward. This market allows bettors to pick the score at both half-time and full-time of the match. This is a difficult bet that can yield a great payout because it requires bettors to predict a game fully.
  • Tournament Bets: Tournament bets are wagers that are on long-term outcomes within the tournament. These include things like betting on who will win or who will be the leading goalscorer. These typically have high payouts because they are exceedingly tricky to nail.

Team vs Team Betting

A big portion of the betting most people will do is team vs. team betting. This is the most standard form of wagering. A match result bet is, as we mentioned, a bet on the direct outcome of a match. Let’s consider what that would look like.

As we’ve said, there are three outcomes in a given match. For the sake of the example, let’s say Portugal is playing against Spain. So, either Spain will win, Portugal will win, or the team will tie.

In this example, if the teams are very evenly matched, no team will have high odds of winning. In fact, it might even be that a tie is the likeliest outcome.

Most bettors will favour this form of wagering because it is as clear as it comes, and the payouts can still be quite high.

Strategies & Betting Tips

Having a cohesive betting strategy is important for a tournament like the Euro. You want to take calculated risks and have a clear goal in mind with every wager you make. Ultimately, while betting is fun, the goal is to hopefully walk away from the tournament with more cash than you came in with.

So, how would you go about doing that? The key is to develop a strategy. If you don’t have one of your own yet, allow us to help you build one. Below are some strategies and betting tips you can utilize to come away from this tournament a big winner.

  • Pick Several Potential Winners: One strategy we would recommend when picking your tournament winner is to not put all your eggs in one basket. One fun strategy is to big one favourite, one team that has a reasonable shot, and one long shot. This way, there are more potential outcomes that can lead to a big win.
  • Use Double Chance Sparingly: Double chance gives you a high likelihood of winning, but it comes with the downside of a very limited payout. If you want to ensure a great result, only wager a double chance if you are betting a heavy underdog and a tie as the two-part bet. This type of wager can still lead to a solid return.
  • Tread Lightly with Parlays: Everyone loves parlays because they can have massive payouts. But don’t get wrapped up in this form of wagering. Parlays are very risky. This isn’t to say that you shouldn’t use parlays, but use them carefully, and don’t get carried away by the high Euro 2024 odds they provide.
  • Always Check Form and Injuries: Before betting on a game, it is important to have all the information. Check on how teams have been performing in their previous games and whether there are any key injuries before you put any bet down.
  • Pay Close Mind to Groups: Groups are a huge consideration in a tournament like the Euro. Before you bet on a team to win the tournament, familiarize yourself with their group. For example, Group B is a tough one this year, with Italy, Spain, and France all competing for two spots. So keep that in mind when betting on any of those teams.

Bonuses and Promotions

A big part of sports betting is bonuses and promotions. This is something that is a major attraction for gamblers. Bonuses and promotions are rewards offered by betting sites for users taking a specific action. Typically, sportsbooks will have rotating bonuses that are present throughout the year and then bonuses for major sporting events. Given the Euro 2024 is as big as it gets, expect there to be plenty of bonuses for this event.

While we won’t be able to know exactly what bonuses will be on offer for this event, there are some common bonuses that we can predict will be present for gamblers to take advantage of during this event.

The one bonus we can say will for sure be available will be a welcome bonus. Welcome bonuses are on just about every sports betting site. They reward gamblers for signing up and depositing, typically in the form of a matched deposit. So, if you haven’t signed up for a betting site yet, you could have some extra money for wagering on the Euro.

Another bonus that will likely be around is a free bet offer. A free bet offer gives bettors a free bet for taking a specific action. For example, if you bet $20 on Euro games, you can receive a free bet. This is what a standard offer could look like.

Another common bonus type is the boosted odd promo. This takes a line and enhances it to be more favourable to a bettor. For example, Croatia’s odds of winning could be boosted from -120 to +100. This gives bettors more incentive to wager on an outcome.

Top Euro 2024 Betting Sites

With the Euro tournament now not far away, bettors are likely considering where to make their wagers. We are lucky to live in a world where there are dozens of betting sites that offer Euro 2024 odds on everything from match wagers to props. So, if you are someone who is looking to start wagering, where should you go? There are several top sites that stand out as great options for bettors.

When we consider the best websites to wager on for the Euro 2024 tournament, we factor in a large number of considerations. These include things like safety and security, the user experience, promotion, and betting markets. Each of these is crucial to give bettors a positive wagering experience. If you are one of the many looking to get started, let’s look at some of the top options for wagering on Europe’s biggest tournament.

PowerPlay

PowerPlay is a popular operator that serves the Canadian market. It is known for offering a smooth user interface that really makes it stand out. It also offers excellent coverage of the tournament, so bettors can enjoy a wide variety of markets.

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BetPlays

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BetPlays is a unique sportsbook that has gained a large fanbase recently. It is known for its standout features, including cryptocurrency transactions. It is a modern sportsbook that has plenty to offer for all interests.

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TonyBet

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TonyBet is a sportsbook that is licensed to serve the Canadian market with an iGaming Ontario license. It is a popular sportsbook with a simplistic design. They are known for having excellent soccer coverage, and their Euro 2024 markets will be some of the most expansive available.

100% up to $350

Betonic

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Betonic is a sportsbook that is trying to gain a foothold in the Canadian market, and users are paying attention. This operator has great sports coverage and an easy-to-navigate website. However, what really stands out about this sportsbook is its massive promotional offers.

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Truenorth.bet

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Truenorth.bet is an up-and-coming Canadian operator that is one of the most popular betting sites around. It has incredible sports coverage, including extensive Euro 2024 odds. It also has fun features that will keep bettors coming back for more.

Euro 2024 Betting Features

If you are a betting enthusiast, you’ll likely know that features are a crucial part of your gambling enjoyment. Features are the embedded features of different sportsbooks that enable bettors to enjoy activities or experience different things on a website.

Knowing the features a sportsbook provides is important because these are things that don’t typically change on a betting site. Let’s look at some of the most eye-catching features that you should look for when deciding where to bet on the Euro 2024 tournament.

  • Live Betting: Live betting is a critical feature that every sportsbook should offer. This feature allows you to wager on a game that is already underway. The odds adjust according to what is happening live. So, if the match has already kicked off, you can still get in on the action.
  • Live Streaming: Live streaming is a feature that allows bettors to watch games live directly from the gambling website. This feature is quite rare. While many websites offer streaming of more obscure events, very few, if any, will allow you to stream the Euro live.
  • Boosted Odds: Boosted odds are features where a betting site will take certain odds and enhance them to be more favourable to gamblers. For example, Italy could be boosted from -200 to -100 in a match.
  • Tournaments: Tournaments are a feature some sportsbooks provide that enables gamblers to compete amongst each other. An example would be a tournament where the person who wins the most Euro 2024 bets would receive a substantial cash prize.
  • Statistics: Statistics are a feature common to a lot of sportsbooks. This feature will show you important statistics for different matches so you can make the most informed decision possible. The more you know about a game, the likelier you are to win.

Euro 2024 Outright Betting

Futures are a hugely popular market for tournaments like the Euro 2024. This market allows bettors to place long-term bets on the tournament on things like which team will win or who will be the top Euro 2024 goalscorer. It is a widely popular way to bet.

Since the tournament is now not far away, it is time to look ahead and see some of the biggest favourites for the tournament in both the outright winner category and the Euro 2024 goalscorer category.

Euro 2024 Winner Odds

Team Truenorth.betPowerPlayTonyBet
England+350+350+350
France+350+350+355
Germany+600+600+615
Spain+700+700+723
Portugal+800+800+794
Belgium+1400+1400+1394
Italy+1600+1600+1585
England
 Truenorth.bet
+350
PowerPlay
+350
TonyBet
+350
France
 Truenorth.bet
+350
PowerPlay
+350
TonyBet
+355
Germany
 Truenorth.bet
+600
PowerPlay
+600
TonyBet
+615
Spain
 Truenorth.bet
+700
PowerPlay
+700
TonyBet
+723
Portugal
 Truenorth.bet
+800
PowerPlay
+800
TonyBet
+794
Belgium
 Truenorth.bet
+1400
PowerPlay
+1400
TonyBet
+1394
Italy
 Truenorth.bet
+1600
PowerPlay
+1600
TonyBet
+1585

Euro 2024 Betting Favorites

Let’s look at the five top teams projected by oddsmakers to be the likeliest to win the Euro 2024.

England

England

Could this be the year that England shakes off decades of heartbreak? England has incredibly passionate fans, and some would argue, the best team in the tournament. They have big names like Jude Bellingham, Bukayo Saka, Phil Foden, and more. This could be the year the talent level wins out.

France

France

France has been a major player on the global stage, finishing as the runner-up in the last World Cup and winning the one before. This team is stacked with talent, led by Kylian Mbappe, who may be the best player on the planet. They should be in the mix.

Germany

Germany

Germany is the host nation for this tournament, and they will bring a deep, talented roster. Germany has players like Marc-Andre ter Stegen, Joshua Kimmich, and Florian Wirtz. They could seal the deal in front of their home fans.

Spain

Spain

Spain made a strong run in the last iteration of the tournament, but they will be looking to finish the job this time around. Spain has long been one of the top teams in Europe, and they will look for another victory this year. They will be led by players like Pedri, Gavi, Rodri, and Pau Torres.

Portugal

Portugal

Portugal won the tournament in 2016 and will now look to add to their trophy collection. They have a skilled team, and it is likely this will be the final appearance of legendary striker Cristiano Ronaldo in a major international tournament. They have the talent to support him on another run.

Past Euro Winners

Below are the previous ten Euro tournament winners.

  • 2020: Italy
  • 2016: Portugal
  • 2012: Spain
  • 2008: Spain
  • 2004: Greece
  • 2000: France
  • 1996: Germany
  • 1992: Denmark
  • 1988: Netherlands
  • 1984: France

Last Euro Top Goal Scorers

Below are the top goalscorers for the past ten iterations of the tournament.

  • 2020: Cristiano Ronaldo, Patrik Schick
  • 2016: Antoine Griezmann
  • 2012: Fernando Torres, Mario Balotelli, Cristiano Ronaldo, Alan Dzagoev, Mario Gomez, Mario Mandzukic
  • 2008: David Villa
  • 2004: Milan Baros
  • 2000: Patrick Kluivert, Savo Milosevic
  • 1996: Alan Shearer
  • 1992: Henrik Larsen, Karl-Heinz Riedle, Dennis Bergkamp, Tomas Brolin
  • 1988: Marco van Basten
  • 1984: Michel Platini
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Euro 2024 Structure

Qualifying for the Euro 2024 tournament has essentially wrapped up, with only a few playoff games to be played. The groups are essentially set, and we are ready for kickoff.

This year’s tournament will be taking place across Germany, with games played in iconic stadiums around the country. The host nation is one of the strong contenders, which should add to the excitement of the tournament. But how does the Euro 2024 work?

Below, we’ll break down the key things to know about how this tournament is structured.

The Tournament

The Euro is a relatively simple tournament. There are six groups, each with four teams. These four teams compete in a round-robin. Every team in the group plays each other once, so each team will play one match. A win earns a team the maximum amount of points, a draw earns them one point, and a loss earns them none.

After each team has played each other, the top two teams from all of the six divisions will proceed to the playoffs. The four top third-place teams by points and goal differential will also proceed to the knockout round.

The first match of the tournament will be played on June 14th and will feature the host nation, Germany, taking on Scotland. The round-robin will then be played until June 26th.

The Playoffs

Once the round-robin is finished, the tournament proceeds into a playoff. The final 16 teams are seeded according to how they performed in round robin. They will play single-elimination from this point onward, so any loss means they are out of the tournament.

The playoffs begin on June 29th. After the round of 16, the playoffs move to the quarterfinals, then the semi-finals, and finally, the final. The winner of the final will etch their name into the history books as the victor of this famed tournament.

Euro 2024 Groups

The groups a team plays in define their chances of making it onto the knockout round. Let’s look at the different groups that have been set for this event and see which teams have an easy or difficult path toward success.

Group A: Germany, Scotland, Hungary, Switzerland
Group A is competitive. Scotland, Hungary, and Switzerland are all competitive squads, and Germany is considered one of the leading favourites to win the tournament. There won’t be any easy matchups in this group, so expect close games.

Group B: Spain, Croatia, Italy, Albania
Group B looks like the most difficult of the tournament. Spain, Croatia, and Italy are all some of the most talented teams on the continent and have made waves internationally in recent years. Albania will struggle to secure a point against these rosters.

Group C: Slovenia, Denmark, Serbia, England
This is another group with feisty squads. England should secure a place at the top, as they are the tournament favourite. Denmark and Serbia are both highly competitive and could surprise people. Slovenia does not have high expectations but could secure the spotlight.

Group D: Playoff Winner Path A, Netherlands, Austria, France
This is another group that has an argument for the best in the tournament. France is arguably the top team in the tournament. The Netherlands is another contender, and Austria is better than people give them credit for. The fourth team is yet to be determined.

Group E: Belgium, Slovakia, Romania, Playoff Winner Path B
This group is relatively weak. Belgium is likely to roar their way to the top, as they are one of the major favourites for the tournament. Slovakia, Romania, and the unknown fourth team will be fighting to make the knockout round.

Group F: Turkey, Playoff Winner Path C, Portugal, Czechia
Portugal should be the heavy favourite in this group. Czechia is not to be overlooked, either, and Turkey has some quality players. Time will tell who the fourth team to join this group is. There is a lot of potential for a big surprise in Group F.

Important Dates and Times

The Euro 2024 tournament is fast approaching. Millions around the world are getting excited for this massive event. Naturally, there are many important dates and times to look ahead to. Let’s look at some of the pivotal dates to circle on your calendar if you are a soccer fan and want to catch every second of this thrilling tournament.

Qualifying Playoffs:

March 21st- Semi-Finals.
March 26th- Finals

Round-Robin:

June 14th, 3 pm: Match 1, Germany v. Scotland
June 15th-26th, 9 am, 12 pm, 3 pm: Rest of Round-Robin

Round of 16:

June 29th-July 2nd, 12 pm, 3 pm

Quarterfinal:

July 5th-6th: 12 pm, 3 pm

Semi-Final:

July 9th, 3pm
July 10th, 3pm

Final:
July 14th, 3pm

About the Tournament

Let’s look at some of the crucial information about the Euro tournament to get excited about this thrilling event.

Locations

The Euro 2024 will be located in 10 cities across Germany. The Final will be played in Olympiastadion Berlin, which has a capacity of 70,000. Other cities include Stuttgart, Munich, Leipzig, Hamburg, Gelsenkirchen, Frankfurt, Dusseldorf, Dortmund, and Cologne.

Revenue and Prize Fund

UEFA has set the prize fund for the winning team in the UEFA tournament. The prize fund for the tournament is $360 million, with every team that qualifies and plays in the tournament earning a share of that fund. The tournament is expected to generate $2.6 billion in revenue.

Format

The Euro has the same format that it has had in previous years. Fans have grown to love this format, so it is highly exciting for this process to continue.

Qualifying

There are still several teams looking to qualify for the tournament. There are three spots available. In Path A, the four teams competing for one spot are Wales, Finland, Estonia, and Poland. In Path B, the four teams fighting for one spot are Bosnia and Herzegovina, Ukraine, Israel, and Iceland. In Path C, the four teams fighting for one spot are Georgia, Greece, Kazakhstan, and Luxembourg.

Interesting Euro Facts

The Euro tournament is a legendary event that has been played for several decades. Excitement for this tournament is consistently running high. Let’s look at some fascinating facts about this tournament to recap some interesting information that could help with your betting strategy.

  • Three: That is the most amount of tournament victories any team has. This record is shared by Germany and Spain.
  • 14: Most goals scored across Euro tournaments. This record is owned by Cristiano Ronaldo.
  • 9: Most goals scored in a single tournament, done by Michel Platini.
  • 1960: The first ever Euro tournament. The final ended up with a Soviet Union victory over Yugoslavia.
  • 1: The fewest number of goals conceded in a tournament. This is a record owned by Italy, Spain, and Norway.
  • +11: The highest goal differential in a tournament, owned by Spain in 2012
  • 8: The most consecutive tournaments qualified for in a row are also owned by Spain.
  • 5: The most tournaments with at least one goal by a player. This is owned by Cristiano Ronaldo, and he will look to add to that total this year.

Our Predictions

The Euro 2024 tournament is projected to be the sporting event of the year. This summer is sure to be an exciting one with both the Euro tournament and the Summer Olympics in Paris.

While predicting this tournament is incredibly hard, we will give it our best shot. We predict that the winner of the Euro 2024 tournament will be the current favourite. England has a hugely talented roster. They have never won the tournament before but came very close last year. They bring back many players from that battle-tested roster, and it is hard to doubt this team.

For the top Euro 2024 goalscorer, it is highly difficult to predict who will take home this coveted award. Kylian Mbappe is the most dynamic player on the planet, and he has played his best in major international tournaments like this one. It would be hard to bet against him here, and he will certainly be in the lead for this market when the odds are released.

Overall, we are just mere months away from one of the most exciting sporting events there is. It will be a thrilling showcase of the sport’s top talents and an opportunity for European squads to etch their names into the history book.

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FAQs

The Euro tournament is one of the world’s most thrilling sporting events. Fans and bettors are counting down the days until this event starts, and it is the perfect way to enjoy the summer. But not everyone knows everything about this event. We are here to help with a look at some of the most frequently asked questions about the tournament.

The Euro 2024 tournament kicks off on June 14th, as Germany takes on Scotland at 3 pm. The final match of the tournament is played on July 14th, with the winner claiming victory.

Germany is hosting the tournament. The event will be played in ten cities and stadiums around the country.

The favourite is England. England has an incredible roster of players, and many are expecting this to be the year where they break through. France is also considered a heavy favourite, as is the host nation, Germany.

The 2020 iteration of the tournament, which was actually played in 2021 due to the pandemic, ended with Italy earning a victory. Italy defeated England in a penalty shootout in front of an English crowd in Wembley.

The winner of the tournament earns the biggest share of the prize fund. They will also receive a huge influx of merchandise sales and investment. But the real victory is a moral one. For four years, the winning team has the status of the top in Europe and has earned a spot in history.