Euro 2016 is getting closer and closer to its conclusion, with the quarter finals stage now upon us.
With 8 teams remaining, let’s look at the best options on the outright betting market.
For a modest stake of £10, who is the Euro 2016 favourite to back?
The Euro 2016 favourites
France – £10 returns £37.50
Best odds: 11/4 @ William Hill
France have left it late to score in some of their games so far, but if you had offered them a quarter-final clash with Iceland before the start of the tournament, they would have bitten your hand off.
The hosts are looking to emulate previous tournament successes in 1984 and 1998 on home soil. Players like Dimitri Payet and Antoine Griezmann have been in among the goals, but the concern for France is at the back, where injuries and suspensions have left Didier Deschamps with difficult selection choices to make.
If you fancy France to lift the trophy, now is a good time to get your bet on as the odds will only get shorter from here on in. A return of £37.50 from a tenner is not massive, but we’re down to the last 8 and that’s all you can reasonably expect from the betting favourites at this stage.
Germany – £10 returns £40
Best odds: 3/1 @ Ladbrokes
Despite not firing on all cylinders in the group stage, Germany won their last 16 clash against Slovakia 3-0 to progress in emphatic style. They are still yet to concede a goal in the tournament and look to be clicking into gear just at the right time.
Can the reigning World Cup winners go all the way in this tournament? To do so, they will have to negotiate a tricky path to the final, with first a mouthwatering quarter-final tie against Italy and then potentially hosts France in the semis. However, we all know that to be the best, you have got to beat the best and the Mannschaft have proved themselves more than capable of doing just that in the past.
With a team full of goalscorers and creative players, Joachim Loew’s men have what it takes to win their fourth European Championships title and still represent decent value at 3/1.
Italy – £10 returns £80
Best odds: 7/1 @ Betfair
Italy came into Euro 2016 as outsiders, written off by many pundits and experts before the tournament had even been started. Two weeks in, they’ve been one of the most impressive teams, particularly in convincing 2-0 wins over Belgium and Spain.
Future Chelsea manager Antonio Conte has got his tactics spot on so far with a 3-5-2 system and it will be fascinating to see how the Azzurri cope with the threat of Germany’s attacking resources.
It’s tough to pick a team from that side of the draw to emerge through to the final, but Italy are certainly proving the doubters wrong. Being considered outsiders against Germany won’t bother them one bit and the 7/1 on them winning the whole thing looks tempting.
Iceland – £10 returns £410
Best odds: 40/1 @ Ladbrokes
Just three matches away from winning the tournament, it’s pretty surprising to see Iceland still priced up at 40/1. After all, they’re undefeated after their first 4 matches and just eliminated England with possibly the greatest result in their history.
It’s difficult to foresee Iceland extending their incredible run even further, but the Euros have seen surprise winners in the past, like Greece in 2004 and Denmark in 1992. It’s fair to say nobody would begrudge this nation of just 330,000 people a few more moments of glory.
At these odds, it could be worth an each-way shout given this team’s great team spirit and defensive organisation. Should Iceland upset France this weekend, the odds would certainly be slashed so get on this outside bet now while you can.
Teams to avoid for Euro 2016 betting
Portugal – £10 returns £80
The expansion of the Euros to 24 teams has meant that teams could qualify from the group stages with as little as 3 points. That’s exactly what Portugal ‘achieved’ in Group F after 3 draws against Iceland, Austria and Hungary.
Their last 16 tie against Croatia was an absolute borefest and will go down as one of the most forgettable matches of the tournament. For all of the team’s array of attacking talent, including of course Cristiano Ronaldo himself, the Portuguese are yet to set the tournament alight and may meet their match when they face Poland.
At odds of just 7/1, we would steer clear of this betting selection.
Wales – £10 returns £360
Although bookies are offering odds as big as 35/1 on Wales winning the Euros, they are best avoided.
They impressed in the group stages with wins over Slovakia and a poor Russia side, but struggled to break down Northern Ireland in the last 16 when they should have brushed them aside easily given the gulf in quality between the sides.
The quarter-final with Belgium should prove a bridge too far for the Welsh, although they can still take great pride from their first major tournament appearance in over half a century.