2024 Euros Odds and Predictions

We’re in the throes of the “Summer of Soccer” with both the European Championships and Copa America ongoing simultaneously. The group stage of the Euros is about to conclude, though the latest Euro odds indicate we don’t have a clear-cut favorite.

Through the first few group games, a handful of teams have separated themselves from the pack. Expected contenders like Portugal and Spain look the part thus far. Others – including England, Belgium, and Italy – have disappointed relative to expectations. It’s still early, however, with only a couple of teams having been eliminated from contention as of this writing.

Let’s take a look at which teams are the best bets to win Euro 2024 and a few of my tips for betting on soccer.

Updated Euro 2024 Odds

The betting odds offered at online sportsbooks have changed considerably through a little more than a week of tournament play. England’s Euro 2024 odds have slipped since opening as co-favorites with France, while host nation Germany is now at the top of odds boards.

Here’s a look at the latest Euro odds, courtesy of BetOnline:

Germany the Class of the Pack

Germany was always going to have home-field advantage throughout the competition as the hosts, but few seemed to take them seriously as contenders before the tournament began. Nobody’s sleeping on them now, however.

The Germans advanced through to the knockout round with easy wins over Scotland (5-1) and Hungary (2-0) before a 1-1 draw to Switzerland to close Group A play. That Switzerland game meant nothing to Germany, though manager Julian Naglesmann still opted to start his regulars in an attempt to keep them fresh.

Between Jamal Musiala and Florian Wirtz, Germany has far better and more athletic attacking talent than they had when they disappointed at the 2022 World Cup. With veterans Toni Kross and Ilkay Gundogan continuing to pull the strings in midfield, Germany are downright scary in front of goal these days. Kai Havertz has picked up where he left off after a standout season at Arsenal, while backup striker Niclas Fullkrug has already bagged a couple of goals off the bench in these Euros.

Interestingly enough, Germany’s primary weakness is likely a past-his-prime Manuel Neuer in goal. They haven’t faced a quality opponent capable of exploiting that area just yet, but it’s worth wondering how the longtime stalwart will fare against weaker competition in the latter stages of the tourney.

France Face Question Marks

There has only been one scoreless draw at the Euros thus far, and it was – rather surprisingly – France’s clash against the Netherlands last week. Kylian Mbappe was an unused sub for Didier Deschamps after fracturing his nose in Les Bleus’ opening win over Austria, and the French manager clearly wanted to give his star man more time to rest before putting him back on the pitch.

France is currently joint-top of Group D with the Dutch on 4 points apiece with a game left. Advancing to the knockout rounds isn’t really in doubt for the French with a game against a mediocre Poland side in hand, but this team will only go as far as Mbappe can take it. They won the 2018 World Cup and finished as runners-up in ’22 thanks to Mbappe’s exploits, but they appeared to run out of ideas in attack with the 25-year-old unavailable in the last match.

Whether Mbappe starts the Poland game will go a long way toward determining how much he’ll be able to contribute for the rest of the competition. Playing a physical game with a broken nose is no easy feat even before you factor in the potential breathing difficulties the injury can present. The current Euro odds suggest that oddsmakers believe Mbappe will be just fine moving forward, but there is more uncertainty here than there was before the event began.

England’s Euro Odds Fade

England are still atop Group C on 4 points, so it would take a calamity of epic proportions for Gareth Southgate’s side to fail to advance to the knockout round at this point. Still, the English can’t be too pleased with how they’ve fared thus far. The Three Lions mustered all of one goal in a surprisingly difficult win over Serbia in the opener, while they were held to a frustrating 1-1 draw by Denmark in the second match.

England boast a wealth of young attacking talent, so there’s really no excuse for their middling production to this point. Harry Kane and Jude Bellingham have accounted for the goals, but England have attempted the third-fewest shots of any team so far. Southgate’s roster is so stacked that the likes of Cole Palmer, Jarrod Bowen, and Ollie Watkins have barely featured. France is the only other side with as much on-paper talent, yet England don’t have the look of a real contender just yet.

Of course, it only takes a game to change the narrative. Southgate will reportedly tweak his starters by replacing Trent Alexander-Arnold with Conor Gallagher ahead of the final group stage match against Slovenia. Whether that move results in more coherent attacking play remains to be seen. Based on what we’ve seen so far, I’m still inclined to fade England’s +450 Euro odds.

Spain, Portugal Look the Part

Arguably the two most impressive sides at Euro 2024 thus far share the Iberian Peninsula. Spain advanced through to the knockouts after impressive back-to-back wins over Croatia and Italy. Portugal, meanwhile, picked up a dramatic win over Czechia in their group play opener before a more assertive 3-0 triumph at the expense of a solid Türkiye side.

Both were expected to contend for the trophy this summer, and I’ve seen nothing to quell my optimism for either team to this point. Spain have been a consistent disappointment at major tournaments since their victory at Euro 2012, but two young wingers have infused some much-needed pace into what was previously a sleepy attack. Nico Williams and 16-year-old wunderkind Lamine Yamal give Spain all sorts of speed and playmaking down both flanks. So far, the youngsters have complemented veteran striker Alvaro Morata incredibly well.

Portugal are an intriguing mix of elder statesmen and promising young talent. Cristiano Ronaldo’s days competing for Ballon d’Or trophies are likely over, but he’s still a matchup issue for opposing back lines. Ronaldo’s unselfish assist to Bruno Fernandes to cap the scoring against Türkiye suggests the formerly goal-hungry star may have turned over a new leaf in the twilight of his career. Winning is the ultimate goal.

Between the two sides, I’d rather take a flier on Spain at +500 than Portugal at +550. Spain were unlucky not to score more than once in a dominant victory over a resilient Italian side, and I’d expect them to be more clinical in front of goal as the tournament proceeds.

Euro 2024 Sleepers

There aren’t many viable sleeper bets left at this stage of the competition. The Netherlands have picked up a pair of impressive results to this point, and their +1400 odds suggest they could qualify as an under-the-radar side worth monitoring.

It’s just a question of where the goals will come from for the Dutch. Virgil Van Dijk is the unquestioned anchor of a stalwart defense, but this team is lacking star power at the opposite end of the pitch. 30-year-old Memphis Depay has failed to find the back of the net in either game. Cody Gakpo and Xavi Simons have shown promise, but stopping them is also going to be the focal point of opposing defenses from here on out. I’m not convinced there’s enough in attack for the Netherlands to get results against better foes in the knockout rounds.

If you want a true dark horse, I don’t hate the value on Austria at +5000. Ralf Rangnick’s sides are always known for their intense gegenpressing style, and the Austrians have proven to be a tough matchup thus far in group play. France didn’t have an easy go of it in their 1-0 victory over Austria, while they bounced back with a stirring 3-1 victory over Poland in the second match.

They’ll have their work cut out for them in their group finale against the aforementioned Dutch, but I’d expect both teams to do enough to advance into the next round. There just aren’t many teams as relentless when they lose possession as the indefatigable Austrians are. Going on to win the competition would be a result for the ages, and I’m certainly not expecting that kind of a run. You can get +600 Euro odds on Austria to advance as far as the semi-final, however, which is attractive considering they’re going to be a very difficult out.

Who Will Win Euro 2024?

There are plenty of viable soccer picks as we prepare for the knockout stages. I wouldn’t blame anybody for putting their money on France or England, but I’m not too keen on their +400 and +450 odds, respectively.

Germany were a better bet pre-tournament before their odds improved to +400, but there’s still meat on the bone. Having the majority of crowds at their backs won’t hurt their chances, and this team checks most of the boxes on paper. I’m a bit skeptical of Neuer between the sticks, but Germany would be worthy favorites in just about any matchup the rest of the way.

Spain at +500 are the side that stands out the most from a value standpoint. Their odds are only going to improve from here, so I like the idea of getting in on La Roja while they’re still potentially undervalued by oddsmakers.

Euro 2024 Bet: Spain (+500)