Euro 2020: Betting Action is Heating Up Ahead of Europe’s Top International Tournament

INNSBRUCK, AUSTRIA - JUNE 02: (BILD ZEITUNG OUT) Matthias Ginter of Germany and Simon Kjaer of Denmark battle for the ball during the international friendly match between Germany and Denmark at Tivoli Stadion Tirol on June 2, 2021 in Innsbruck, Austria. (Photo by Roland Krivec/DeFodi Images via Getty Images)
(Photo by Roland Krivec/DeFodi Images via Getty Images)

Europe had to wait an extra year to enjoy its most important international tournament, but you don’t have to wait to get the Euro 2020 odds! The action with the BetMGM soccer betting lines reflects the anticipation, and already there’s one country that is turning heads with the action it is receiving.

Denmark, ranked 10th in the world in the most recent FIFA national team ranking released May 27, opened at +8000 in the Euro 2020 odds. The Danes, led by captain Simon Kjær and leading scorer Christian Eriksen (36 career goals, 107 caps), are now at +2800.

The other two key movers since the Euro 2020 betting odds opened are France (from +550 to +450) and Italy (+1200 to +1000).

“The sportsbook anticipates the Euro 2020 being one of the most competitive tournaments in recent years with seven teams listed at +1000 or bettor odds to win,” said Darren Darby, one of the Sports Traders at BetMGM. “France is the betting favorite and has received the most tickets and handle, helping move the team’s odds from +550 to +450.”

France’s ticket handle percentage is ahead of Italy and Portugal (see full chart below), while the French are ahead of Belgium and England regarding ticket percentage. As mentioned above, France is the favorite at +450, with England (+500), Belgium (+550), Germany (+700), Spain (+800), and Portugal (+800) all coming in under +1000 in the soccer odds.

Below is a look at Euro 2020’s top 10 teams (ranked by handle% = total amounts of bets taken):


This is the 16th UEFA European Championship, known more commonly as Euro 2020. The month-long event was first held in 1960 and had been contested every four years until it was postponed from last year to this year because of the global pandemic. The tournament opens with Italy playing host to Turkey in Rome on June 11, with the Azzuri (-175) heavily favored against the Turks (+575) in the Euro 2020 betting odds. 

While Italy is hosting the opening game, the 24-team tournament — which typically is hosted by one country — will be played in 11 different countries from June 11 to July 11, with the final being at Wembley Stadium in London, England, on the final day.

Place Euro 2020 Wagers at BetMGM

At BetMGM, we have up-to-the-moment soccer betting odds and tips to ensure the best live betting experience when you bet on Euros. Along with match-by-match lines, bettors can place a wager on which teams will make the quarterfinals, semifinals, and final, while also placing bets on individual honors like the Golden Boot award for top tournament scorer. Don’t miss an opportunity to check out our Euro 2020 soccer online odds, futures, and more when you visit BetMGM.

Brian McLaughlin is a writer for BetMGM and co-host of BMac and Herd’s FCS Podcast. He has written for The Sporting News, headed up the PARADE Magazine High School All America teams and covered FCS college football for HERO Sports … and once ruined his knee in a soccer match while trying to mark a future U.S. National Team forward, Jeff Cunningham. Follow BMac on Twitter @BrianMacWriter.