May 4, 2021
May 4, 2021

Euro 2020: Outright betting preview

Everything you need to know about Euro 2020

Euro 2020 favourites and odds

Euro 2020 outright betting: Which teams could cause an upset?

Euro 2020 betting preview, schedule, teams, and hosts

Euro 2020: Outright betting preview

After being postponed last year, Euro 2020 is finally set to commence this June for a month of unmissable soccer action. In a tournament being held across the entire continent for the first time, can Portugal defend their title, will France lift another trophy following their World Cup win, or can England take the final on home soil? Read on to inform your outright betting predictions for Euro 2020.

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Euro 2020 schedule

Euro 2020 is kicking off on June 11 with Italy vs. Turkey at the Stadio Olimpico in Rome and finishes on July 11 with the final at Wembley Stadium in London. As mentioned, the tournament was originally meant to be held last year before being postponed due to the COVID-19 pandemic, but is still being officially referred to as UEFA Euro 2020.

  • June 11 - 23, 2021: Group stage
  • June 26 - 29, 2021: Round of 16
  • July 2 - 3, 2021: Quarter-finals
  • July 6 - 7, 2021: Semi-finals
  • July 11, 2021: Final

Euro 2020 teams

A total of 24 teams will participate in Euro 2020, who will compete in six groups of four for the group stage. The top two teams from each group plus the four third-placed teams with the best record will qualify for the Round of 16, from which point the tournament will become a knockout bracket. Knockout matches will be settled by extra time and then penalties if they are drawn after 90 minutes.



Group A

Italy, Switzerland, Turkey, Wales

Group B

Belgium, Denmark, Finland, Russia

Group C

Austria, Netherlands, North Macedonia, Ukraine

Group D

Croatia, Czech Republic, England, Scotland

Group E

Poland, Slovakia, Spain, Sweden

Group F

France, Germany, Hungary, Portugal

Euro 2020 host countries and stadiums

For the first time in the competition’s history, Euro 2020 will be a pan-European tournament without a designated host nation(s). A total of 11 countries (reduced from an initial 12) will stage matches at nominated stadiums, notably including Azerbaijan and Romania, who both failed to qualify.

As a consequence, Denmark, England, Germany, Italy, the Netherlands, and Spain will get to play all three of their group stage matches within their own country, while Hungary, Russia, and Scotland will get to do so for two. Wembley Stadium will host both semi-finals as well as the final.





Baku Olympic Stadium

Group A and Quarter-final


Parken Stadium, Copenhagen

Group B and Round of 16


Wembley Stadium, London

Group D, Round of 16 (x2), Semi-finals, Final


Allianz Arena, Munich

Group F and Quarter-final


Puskas Arena, Budapest

Group F and Round of 16


Stadio Olimpico, Rome

Group A and Quarter-final


Johan Cruijff ArenA, Amsterdam

Group C and Round of 16


Arena Nationala, Bucharest

Group C and Round of 16


Gazprom Arena, Russia

Group B, Group E and Quarter-final


Hampden Park, Glasgow

Group D and Round of 16


Estadio La Cartuja, Seville

Group E and Round of 16

Who will win Euro 2020?



FIFA World Ranking (April 2021)

2018 World Cup performance
















Group stage




Round of 16




Round of 16




Did not qualify




Did not qualify

Suitably for a tournament at which they have the opportunity to secure the trophy on home soil, England currently lead the outright market at 4.760*. They are broadly regarded to have immense strength in depth courtesy of multiple talented players competing for every position, and turned in imperious form during the qualifying stages by netting an unmatched 4.63 goals per game.

However, manager Gareth Southgate appears to be unsure as to what his preferred line-up and formation is, and he was accused of being overly defensive during their recent uninspiring Nations League campaign. England may also be heavily reliant on Harry Kane’s form, as their captain and striker has scored 14 goals in 18 appearances for his country since the start of 2019.

Belgium enjoyed 10 wins out of a possible 10 while conceding just three goals during qualifying.

France (6.390*) will be hoping that their win at the previous World Cup is once again the catalyst for Euro success, as it was in 2000. ‘Les Blues’ arguably possess the most balanced team at their disposal, with notable names in all areas of the pitch that have earned a deserved reputation for exhibiting attacking flair and defensive resilience in equal measure.

However, France prevailed in Russia three years ago despite a sluggish start in the group stage, and with Germany and Portugal waiting for them in Group F on this occasion, they will presumably need to be quicker out of the blocks to get their hands on another trophy.

Roberto Martinez’s Belgium follow closely behind at 6.470*. As has consistently been the case in recent years, they are capable of boasting numerous world-class talents, many of whom are now at the prime of the careers such as Thibaut Courtois, Kevin De Bruyne, and Romelu Lukaku.

Further encouragement was provided by their qualifying campaign, during which they picked up 10 wins of a possible 10 while conceding just three goals in the process. They have also just lost once since the start of 2019 and not failed to score in a match during this time.

As always, Germany (7.960*) are in the running for what is set to be the conclusion to Joachim Low’s 15 year-stint as their manager. Despite their standings in the odds, his side enter the tournament certainly less feared than under habitual circumstances. Indeed, after crashing out of the group stage at the 2018 World Cup, they finished bottom of their group at the 2018-19 Nations League and were recently thrashed 6-0 by Spain.

While Germany do have a history of performing well amidst low expectations, their weak link firmly appears to be a defence that is somewhat absent of quality names.

Portugal (9.140*) are the defending champions and have also added a Nations League trophy to their collection since their triumph in France in 2016. As a team previously accused of over-reliance on Cristiano Ronaldo, they have recently and noticeably improved their squad, and can now call on the likes of Ruben Dias and Joao Cancelo in defence as well as Bruno Fernandes and Bernardo Silva to join Ronaldo in attack. While they arguably remain bereft of depth beyond their starting eleven, they are firmly still a team others will want to avoid.

Spain (9.140*) enter Euro 2020 having not progressed beyond the quarter-finals of a major tournament since 2012, but also as a side who seem to have asserted a new identity with Luis Enrique. After turning in an undefeated qualifying campaign, they have since topped a challenging Nations League group and exhibited positive performances against teams including Germany, Portugal, and the Netherlands. Attackers Gerard, Ferran Torres, and Dani Olmo have all enjoyed bright starts to their international career and will be hoping to maintain such form into the tournament.

The Netherlands (10.660*) have consistently highlighted themselves to be a tricky team to beat in the last few years, albeit while somewhat struggling for results against the other main contenders. They have lost only six matches since the start of 2018, but have been beaten by the likes of England, Germany, France, and Italy during this run. While their relatively straightforward group could serve as a passage to the latter rounds, they perhaps lack the raw talent required to actively challenge for the trophy.

After suffering the ignominy of failing to qualify for the 2018 World Cup, Italy (11.860*) have been quietly revitalised under Roberto Mancini. They were the only team along with Belgium to achieve a perfect record in qualifying, and have also reached the final four of the ongoing edition of the Nations League. While they do not boast anyone with an impressive goal-scoring record at international level, their midfield of Jorginho, Marco Veratti, and Nicolo Barella ensures they are a difficult team to keep possession of the ball against.

Euro 2020 outright betting: Which teams could cause an upset?

Croatia (28.010*) were surprise finalists at the 2018 World Cup, and while their form has been inconsistent as of late, they still offer plenty of reasons to be wary of them. Their midfield of Luka Modric, Mateo Kovacic, and Mario Pasalic arguably ranks among the best across Europe and a positive result against England could enable them to top Group D. However, their chances will rely on bolstering a defence that has only kept clean sheets against Cyprus and Malta since the start of last year.

Wales can boast multiple young talents with Premier League experience.

Turkey (54.980*) closely challenged France to almost finish top of their qualifying group and earned four points from their two matches against ‘Les Blues’. More impressively, they conceded a joint-low three goals in their qualifying campaign and kept a clean sheet in every win during it. They can call upon several emerging stars, including Leicester City’s Cengiz Under and Juventus defender Merih Demiral, and will presumably rate their chances of a top-two finish in Group A.

While Wales’ (81.920*) semi-final reaching heroics at Euro 2016 failed to manifest qualification for the 2018 World Cup and they will be without manager Ryan Giggs after he was suspended by the Welsh FA, they still possess a decent squad that has consistently proved its ability to perform to a greater standard than the sum of its parts. Gareth Bale and Aaron Ramsey are both players who relish the biggest stages, while Joe Rodon, Ethan Ampadu, and Dan James are all young talents with Premier League experience.

Don't forget to read our previews for all six Euro 2020 groups: Group A, Group B, Group C, Group D, Group E, Group F.

Looking forward to Euro 2020? Win Your Way by checking out the latest Euro 2020 odds on every match and group, outright markets, and more with Pinnacle.

Odds subject to change

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