Want to learn how to bet on Euro 2024? You've come to the right place.
Twenty-four of Europe's top teams battle for UEFA's crown jewel beginning on June 14. England and France are the favourites, Italy defends its title, and Cristiano Ronaldo is likely in his last Euro Cup with Portugal.
Let's get dialled in, because this only comes around once every four years.
How to bet on Euro 2024
There are many ways to bet on Euro 2024, from game outcomes to player-specific results.
When betting on a match, there are several variables to consider. Is a star player injured? Who holds the tactical advantage? Which country is in better form? These are all important questions to ask.
We will cover the many different markets available to soccer bettors and how to capitalize on them in this piece.
Full-time result
Betting on the full-time result is the most popular way to wager on soccer. Games can end in a tie, so think of it as a three-way moneyline bet.
There are three possible options to choose from: Team A, Team B, and Draw.
Since a draw is possible, the favourite will not always be denoted with a minus (-) symbol and can sometimes be labelled at plus (+) money.
In association football, the odds are typically skewed in favour of the home team when two evenly-matched teams play.
But in a tournament like Euro 2024, Germany is the only host, so favourites will indicate the stronger side.
For example, England is the favourite to win Euro 2024 and will play Serbia on Matchday 1.
Our fans. Our players. Our summer.
— England (@England) June 6, 2024
This is your #ThreeLions squad announcement video for #EURO2024! pic.twitter.com/q9UGNzGs3p
England is a -225 favourite, Serbia is a +650 underdog, and a draw is +360.
Sportsbooks are placing a 69.23% implied probability of England winning the match at -225. You would have to wager $225 to win $100.
Here are some other examples of how odds work:
Odds | Wager | Win | Implied Probability |
-225 | $225 | $100 | 69.23% |
-110 | $110 | $100 | 52.38% |
+360 | $100 | $360 | 21.74% |
+650 | $100 | $650 | 13.33% |
When deciding what to bet, some important factors could include injuries, team form, and weather.
Draw no-bet and double-results
If you wish to bet on a soccer moneyline without the option of a tie, choose the draw no bet option. This returns your stake if a draw occurs, but also lowers the odds on either team to win.
Let’s use a match between Italy and Albania as an example of what these odds will look like with two teams competing.
Betting Market | Italy | Draw | Albania |
Three-way | -250 | +365 | +790 |
Draw no bet | -1,250 | N/A | +575 |
This removes the risk of losing your bet on a last-second tying goal or a 0-0 snoozefest.
You can also bet double results, which would look something like this:
- Italy or tie (-2,500)
- Albania or tie (+195)
Wagering a double-results allows bettors to capitalize on underdogs when they're confident a team can at least tie the game.
How to bet on Euro 2024: Goal line
If you want to back Italy to win that game but don't want to pay the juice, you can turn to goal line betting.
Similar to the puck line in hockey, or run line in baseball, the goal line allows bettors to capitalize on markets where one team is significantly favoured. It's a version of betting against the spread (ATS).
Italy was -250 for a full-time result win, so there's very little value in betting them on the moneyline.
However, you can bet the Azzurri -1.5 at +120. If Italy wins by two-plus goals, it would cover. If Albania, on the other hand, lost by or fewer goals — or won straight up — it would cover.
Totals
Betting the total, or over/under, in soccer is extremely popular and is the simplest of all wagers. You're betting on the total amount of goals scored in a contest.
Let’s say the O/U is set at 2.5.
If three or more goals are scored, the over wins. The under would require two or fewer goals to cash.
The total for most matches is commonly set at 2.5 but can vary from 1.5 to 4.5 at the high end depending on who is playing.
In most sports, the O/U is typically set at even -110 odds per side.
In soccer, however, there's more variance. For example, an over set at 1.5 could be -165, while the under would be listed at +150. A 3.5 total could be presented at +170 for the over, and the under at -175.
There's also an option to "tease" the total higher or lower.
This is known as an alternate total. If you think a match will be high-scoring and the over is set at 2.5, you could move the line to 3.5 or even 4.5 — and the odds would similarly change.
Total | Over | Under |
1.5 | -450 | +300 |
2.5 | -130 | +105 |
3.5 | +175 | -250 |
4.5 | +450 | -700 |
In addition to game totals, you can bet team totals, which follow the same principles but only apply to one team.
How to bet on Euro 2024 player props
Player props are relatively straightforward. Let’s use Kylian Mbappe as an example.
You can bet on how many shots, shots on target, or assists he will have. Beyond that, there are props for the French striker to score a goal or receive a card, among others.
DON'T. GO. ANYWHERE! Kylian Mbappe scores a second goal 97 seconds after his first and we are all tied up in Qatar! 🇫🇷 #FIFAWorldCup pic.twitter.com/7ABSipxKWI
— TSN (@TSN_Sports) December 18, 2022
The odds for Mbappe, a striker, to score a goal would be significantly higher (around -125) than his teammate Aurelien Tchouameni, a defensive midfielder (+900).
Parlays
Parlays are a way to combine multiple bets into one larger ticket for a greater payout.
A parlay consists of two or more bets, each of which is known as a "leg". Each leg must win for the parlay to be successful or else else the entire bet loses.
This drastically increases payout possibilities while the bettor assumes more risk.
You can parlay props, full-time results, totals and more into one ticket. Here is an example:
Draw full-time result, Italy v. Albania +365
England full-time result, England v. Serbia -225
Mbappe anytime goalscorer -125
Odds of combined selection: +1,109 ($100 bet would win $1,109).
Outside of multi-game parlays, NorthStar Bets has the option for same-game parlays where you can combine multiple props and markets from the same game into one ticket.
Live Betting
Live betting is a way to wager on a game after it has started. While you can typically find all of the aforementioned markets when live betting, the odds could drastically change.
Let's say England was playing France in the knockout stages. Prior to the game beginning, France was priced at -120 full-time result, while England was listed at +150 and a draw at +325.
If England went up 1-0 before halftime, the odds would shift and England would become favoured. If you believed France had a chance at coming back and winning, you could likely find their live full-time result odds at +300 or more.
Live betting player props are also a popular option. If Harry Kane was -125 to score a goal before the game and went into halftime without finding the net, his odds to score would rise to around +250.
How to bet on Euro 2024 futures
When placing a future, you are predicting an event that will take place further down the line.
In Euro 2024 you can bet on the results of the group stage, the top goalscorer, and which team will win the tournament, among others.
There are two options for group-stage betting. Firstly, you can pick the winner of each group. Or, you can pick if a team is to finish in the top half of a group, which would automatically qualify it for the knockout stages.
Top goalscorer is simple. Pick the player who will finish the tournament with the most goals.
Ronaldo was tied for a tournament-best five goals the last time around.