Despite the name, Euro 2020 is actually scheduled to take place in June and July 2021 - with the Euro 2020 winner set to be crowned on Sunday 11 July 2021. Many will be asking - can Portugal repeat its 2016 success? The odds don't look promising, with countries such as Belgium, England and France all looking more likely candidates to lift the trophy.
The tournament was founded in 1958 with the first UEFA European Championship taking place in 1960, with Russia taking the first win. The event is held every four years, with 24 international teams in Europe all coming together to determine which is the greatest in Europe. Initially, they named the tournament the European Nations Cup but rebranded it to The Euros in 1968. It started off being contested by just 8 teams. In 1996 this increased to 16 teams and Euro 2016 was the first time it consisted of 24 teams. To date, the most successful teams in the tournament are Germany and Spain, both with three wins apiece.
The most recent winners of the tournament are:
It is worth noting that to date, England has never won the Euros, but will be looking to win this time as they will be the nation to host the Grand Final!
This year, the Captain of the team to win the tournament will lift the Henri Delaunay Cup at Wembley. The trophy is named after the former president of the French Football Federation and UEFA's first general secretary. It is 18cm higher and 2kg heavier than the original trophy at 60cm tall and 8kg. They redesigned the trophy so that it would fully reflect the kudos attached to winning it.
The most popular of all the Euro 2020 markets is the outright winner market - which team will play their way to lifting the title. However, other outrights include which team will reach the semi-finals, which teams will win their group and which teams will reach the knockout stages. Other outrights include player markets such as The Golden Boot - where you place a bet on which player you think will score the most goals in the tournament.
See the latest Euro 2020 winner odds here
As it stands, despite Portugal being the current UEFA champions, they are not the favourites in terms of odds to win Euro 2020. The current favourites are World Cup holders France, who are going into the tournament with a very strong team, having played well in all of their qualifying matches.
Other countries to look out for include Netherlands, Portugal, Italy, Croatia and Denmark who are all playing well in their qualifiers. Croatia made it to the finals of one of the biggest sports events in the world, so they definitely have a decent shot. We expect the Netherlands to do well and make it through to the knockouts, as they have a pretty easy group with Ukraine, Austria and North Macedonia, but whether they will have the strength to take on the favourites to win - it's unlikely. When they face a match with the likes of Belgium or France, they could be in trouble. How far they get very much depends on the draw.
When it comes to football, Euros is a competition that England has never won before. However, this could be a good year for England. They are in Group D with Croatia, the Czech Republic and Scotland and their Euro 2020 qualifying odds for the knockouts are 4/11 - so they are odds on to win their group.
When it comes to European Championships betting on England, it's still looking good, as they are joint favourites with France to bring the Euros football trophy home with odds of 5/1. Should they be crowned champions, the team will be the first European Championship winners that the country has ever produced.
They will certainly have a lot of competition and it won't be a free ride to the knockouts, as Croatia proved to be our undoing in World Cup 2018. However, the rest of their games should be pretty straightforward, with Scotland and the Czech Republic not being too much competition.
In comparison, France is sitting in the Group of Death, so they will have to play exceptionally well from the start. Group F includes France, Germany, Portugal and Hungary - so at least one of the favourites will be knocked out in Group stages, so there could be a shock.
Belgium is another team we have to look out for - to qualify from the group stage, they will have to beat the likes of Finland, Russia and Denmark, which is very possible with players of quality such as Kevin De Bruyne leading the way.
Germany and Spain are the most successful teams in the UEFA Euro Championship history with 3 wins each. However, this year, the winner betting is going on teams such as France, England and Belgium.
Despite having reached the quarter and semi-finals from time to time, England has never yet won the Euros. Can England win Euro 2020 for the first time? Well, with the odds for England to win at 5/1, it's highly possible.
Firstly, know what bet you want to make - read up on any tips and predictions to make sure you are fully aware of what is happening in the event and what looks likely to happen. Open up our 888sport Euro 2020 page and look through the different betting markets, click on your chosen odds (which are available in fractional & decimal format) and add them to your empty bet slip. Add how much you want to wager and place your bet.
Although you will find plenty of match betting and in-play betting options, generally, at tournaments such as these, many punters place their bets on the outright tournament winner. Other popular outrights include group winner markets and Golden Boot bets.
Well, if we were to answer based on our Euro 2020 outright odds, then we'd have to say either France, England or Belgium, as Euro 2020 betting odds all point in this direction. However, at Euro 2016, the odds on favourites didn't win, and the UEFA Euro winners that year was Portugal - with a shock victory over France. However, based on form going into the competition, we would definitely put our weight behind the English, French and Belgian teams right now.
England is in Group D and has to face the likes of Croatia, the Czech Republic and Scotland in order to qualify for the knockouts. Their main rivals, France, have been given the Group of Death and have to face Germany, Portugal and Hungary to qualify.
Despite not being considered as one of the favourites, in the last European championship tournament, Portugal defied the odds and held aloft the trophy, led by Cristiano Ronaldo. However, the Euro 2020 winner odds suggest that this will not be repeated.
888sport is the home of European football bets, with some of the greatest football and sports betting odds in the industry. Aside from betting on the Euro 2020 winner and group stages, you would also find prices and odds on leagues and events from all over Europe including match winner bets on the UEFA Champions League and outright bets on the Europa League. What's more 888sport is licensed and regulated in Great Britain by the Gambling Commission under account number 39028.