How to Bet on Euro 2024 - UEFA Eruo 2024 Betting Guide

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Graziella Calleja

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Updated 26 Jun 2024

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If you haven't had the time to learn how to bet on Euro 2024, now is the time. The 2024 Euros are in full flight and producing goals galore courtesy of the best football players and national teams. This, of course, is great news for soccer bettors as there are a ton of Euro 2024 betting opportunities!

Getting to know how to bet on Euro 2024 is not as difficult as you might think. Once you understand the odds involved and the markets available, everything else falls into place.

How To Bet On Euro 2024

Betting on the Euros is pretty straightforward. First, choose a reputable betting site that offers Euro 2024 markets, like BetOnline, Bovada, or any of the quality sites that we have reviewed - remember, all our recommended platforms offer casino options for players who also enjoy poker and other gambling games after the 90 minutes is up!

Platforms like BetOnline provide comprehensive coverage of the tournament so you will always have options to choose from. After registering and depositing funds into your account, head to the sports betting section and locate Euro 2024.

You can place various types of bets, such as predicting match winners, total goals scored, or even tournament outcomes. Before placing your bets, it's important to understand the odds and consider researching teams' current form and performances. We will cover that more closely later.

Finally, confirm your selections and monitor the matches to see how your bets unfold. Some of the best offshore sportsbooks will even let you watch the matches live on their sites, so you are never far from the action after you place your bets.

Euro 2024 Tournament Format & Teams

Euro 2024 is being held by the hosts Germany and features 24 teams competing in a month-long tournament from June 14 to July 14. The teams are divided into six groups of four. The top two teams from each group, along with the four best third-placed teams, will qualify for the knockout stage.

Group Stage Outcomes

June 14 - June 26

• Group A: Germany, Switzerland, Hungary, Scotland,
• Group B: Spain, Italy, Albania, Croatia
• Group C: England, Denmark, Slovenia, Serbia
• Group D: Netherlands, France, Austria, Poland
• Group E: Romania, Ukraine, Slovakia, Belgium
• Group F: Portugal, Turkey, Czechia, Georgia

The top two teams from each group advance automatically, and the four highest-ranked third-placed teams will also progress to the knockout rounds.

Round of 16 - June 29 - July 2, 2024
Quarter-finals - July 5 - July 6, 2024
Semi-finals - July 9 - July 10, 2024
Final - July 14, 2024

Betting on Euro 2024 - Different Markets

Betting on Euro 2024 offers many options for soccer betting site enthusiasts. The main betting lines include outright bets, moneyline 1X2, over/under, correct score, and many more. Each market provides a unique way to engage with the tournament and potentially profit from your predictions.

Moneyline 1X2

The moneyline 1X2 bet is a fundamental wager where you predict the outcome of a match: 1 for a home team win, X for a draw, and 2 for an away team win. It’s a straightforward choice that appeals to many bettors due to its simplicity. For instance, if you bet on France (1) to win against Germany (2), and France wins, your bet is successful.

Alternatively, some prefer the Draw No Bet option, which refunds your stake if the match ends in a draw, providing a safer alternative with slightly lower odds. This versatility makes moneyline 1X2 a popular choice throughout Euro 2024, offering options that cater to different risk appetites and match scenarios.

For example, in the Euro 2024 group stage match between France and Netherlands, you bet on a draw (X) at odds of +350. The match ends 0-0, and you win your bet.

Half-Time/Full-Time

Half-time/Full-Time bets involve predicting the result at both half-time and full-time. This adds a layer of complexity and potential reward compared to simple Moneyline bets. For example, you might bet on Italy to be winning at half-time (HT) and full-time (FT) against England. Variants include predicting a draw at HT and Italy to win by FT, offering higher odds for accurate predictions across two different outcomes in the match.

Over/Under - Goal Totals

Over/Under bets focus on the total number of goals scored in a match. This market is popular because it doesn’t hinge on picking the match winner, focusing instead on the game's offensive output. For instance, if you bet on over 2.5 goals in a match between Germany and Croatia, and the final score is 2-1, your bet wins regardless of the winner of the match.

Game and Player Props Bets

Game and Player Props bets allow you to wager on specific events within a match, adding excitement and variety to your betting experience. For example, you can bet on the number of corners, a player to score a goal, or even the player with the most passes in a Euro 2024 match.

Futures

Futures bets involve betting on outcomes like the Euro 2024 tournament winner, top goalscorer, or Player of the Tournament. These bets require patience as they span entire major tournaments, offering substantial payouts if your predictions prove correct.

For instance, betting on France to win the Euro 2024 tournament before the competition begins can provide significant odds and potential returns upon completion of the event. You could also bet on Kylian Mbappe or Harry Kane to be the top goalscorer in the tournament as well.

Bookings & Specials

Bookings & Specials bets focus on specific in-game events during Euro 2024 matches, such as the total number of yellow cards, whether a red card will be shown, or which team will receive the first booking. These bets add an extra layer of excitement and strategy as you analyze team behavior and match dynamics to make informed predictions.

For example, in a Euro 2024 Semi-final match between Spain and Germany, you bet on over 3.5 total yellow cards at odds of +250. If the referee issues four or more yellow cards during the match then you are taking home some winnings.

Parlays

Parlays combine multiple bets into a single wager, increasing the potential payout but also the risk, as all selections must win for the parlay to payout. During Euro 2024, Same Game Parlays allow you to combine various bets from a single match, such as predicting the match winner, total goals scored, and a specific player to score, offering superior odds for successful multi-faceted predictions.

In a Euro 2024 knockout match between Italy and Netherlands, you create a Same Game Parlay by betting on Italy to win, over 2.5 total goals, and Barella to score at any time, with combined odds of +1,200. If Italy wins the match 2-1 and Barella scores one of the goals, your parlay bet wins which will give you hugely boosted winnings.

90-Minute Line, Extra-Time or Penalties

These bets become crucial during the knockout stages of Euro 2024, including the semi-finals and final matches. The 90-minute line refers to the result at the end of regular time, excluding extra time and penalties. You can also bet on outcomes that include extra time or penalty shootouts, providing additional betting opportunities as matches intensify and potentially extend beyond regulation time.

For example, you may place a bet on a Quarterfinal between England and Spain. If you bet on England to win in extra time at odds of, say, +300, and England scores a decisive goal during extra time, your bet is successful.

Asian Handicaps

Asian Handicaps offers a unique approach to betting on Euro 2024 matches by leveling the playing field between teams of varying strengths. This bet type assigns a goal handicap to each team, eliminating the possibility of a draw and creating two possible outcomes. Asian Handicaps are popular for reducing risk and providing competitive odds, especially when one team is heavily favored over another.

For example, you might bet on a match between France and Netherlands. You bet on France -1.5 Asian Handicap at odds of +200. If France wins by two or more goals, accounting for the handicap, your bet is successful, and you earn a payout based on the odds offered for that particular Asian Handicap bet.

Both Teams To Score

Both Teams To Score (BTTS) bets focus solely on whether both teams will score at least one goal during a Euro 2024 match. This market remains thrilling until the final whistle, regardless of the match outcome or winner, as long as both teams manage to find the net at least once.

In a Euro 2024 group stage match between the host nation Germany and Switzerland, you bet on both teams to score (BTTS) at odds of +150. If the final score is 2-1 in favor of Germany, your BTTS bet wins, as both teams scored at least one goal during the match, securing a payout based on the odds offered for that specific betting market.

Understanding 2024 Euro Cup Odds

Understanding the basics of Euro 2024 betting odds is important to your overall approach to betting on the tournament. Odds represent the likelihood of an event occurring and determine how much you can win from a bet. Here's a simple guide to reading Euro 2024 odds:

Types of Odds

There are three main types of odds you might encounter: decimal, fractional, and American. Decimal odds are common in Europe and are straightforward to understand. For example, if the odds are 2.50, a $10 bet would return $25, including your initial stake. Fractional odds, often used in the UK, show profit relative to your stake.

For instance, 5/2 odds mean you win $5 for every $2 wagered. American odds are predominantly used in the US and can be positive or negative. For example, +200 means a $100 bet wins you $200, while -150 means you need to bet $150 to win $100.

Reading the Odds

When reading odds, the team with lower odds is the favorite, indicating they are more likely to win, while higher odds indicate potential dark horses or an underdog, suggesting they are less likely to win.

Odds can be converted to implied probability, which shows the bookmaker’s view of an event’s chance. For example, decimal odds of 2.00 imply a 50% chance. Understanding implied probability helps you gauge the risk and potential return of your bets.

Betting Markets

Euro 2024 offers various betting markets, each with unique opportunities. The Moneyline is the simplest, where you bet on which team will win the match. Over/Under bets focus on the total number of goals scored in a game, where you wager on whether the total will be over or under a specified number. Handicap betting gives one team a goal advantage or disadvantage to level the playing field, making bets on matches with a clear favorite more appealing.

These markets only scratch the surface of what you can do on the latest Euro 2024 betting sites. Once you understand the odds, the markets will start to make a lot more sense in terms of what events are the most or least likely to occur.

Euro 2024 Past Winners & History

The Euros is a prestigious football tournament held every four years. It showcases Europe's top national teams competing for continental glory. Over the decades, the tournament has seen remarkable matches and historic triumphs, shaping the landscape of international football.

Past 10 Finals

• 2020: Italy beat England 1-1 (3-2 on penalties)
• 2016: Portugal beat France 1-0 (AET)
• 2012: Spain beat Italy 4-0
• 2008: Spain beat Germany 1-0
• 2004: Greece beat Portugal 1-0
• 2000: France beat Italy 2-1 (AET)
• 1996: Germany beat Czech Republic 2-1 (AET)
• 1992: Denmark beat Germany 2-0
• 1988: Netherlands beat Soviet Union 2-0
• 1984: France beat Spain 2-0

Most Successful Nations

• Most Titles: Germany and Spain, each with three titles.
• Most Finals Appearances: Germany, with 6 final appearances.

Euro 2024: The Stats That Matter

Understanding key statistics is important when learning how to bet on Euro 2024 and can greatly improve your betting strategy for Euro 2024. Historical data, such as past top goalscorers and teams with the most bookings or goals, provides valuable insights. These stats help identify trends and predict outcomes, guiding your decisions on match winners, goals over/under, and player performances.

Let's take a look at a few stats from the previous Euro 2020 tournament:

• Top Scorer: Cristiano Ronaldo and Patrick Schick - 5 goals
• Most Assists: Steven Zuber - 4 assists
• Saves: Yann Sommer - 21
• Most Team Goals: Italy/Spain - 13 goals
• Highest Passing Accuracy: Spain - 89.3%
• Most Clean Sheets: England - 5
• Total number of yellow cards: 151

As you can see, these stats can help you better understand how well teams and individual players have done. Plus, they are particularly useful for placing prop bets or over/under.

With that said, you can find live stats on the official Euro 2024 platform as well. As the tournament progresses you can have a full view of who is doing well and who is underperforming. All of this information is useful to you as it can help you make smarter betting decisions.

Euro 2024 Betting Strategies & Tips

By following a few tips and strategies, you can enhance your chances of making informed and successful Euro 2024 bets. Here are some of our top Euro 2024 betting tips to think about:

Euro 2024 Betting Tips

✅ Do Your Research and Bet with Your Head: Before placing any bets, thoroughly research teams, players, and match conditions. Make decisions based on data and analysis rather than emotions or favoritism.

✅ Analyze Head-to-Head Records: Review the historical performance of teams against each other. Head-to-head records can reveal patterns and insights that might not be apparent from recent form alone.

✅ Latest News & Injuries: Stay updated on the latest news, including player injuries and team announcements. Injuries to key players can significantly impact a team’s performance.

✅ Don't Stay Loyal to One Sportsbook - Shop Around: Different online and crypto betting sites offer varying odds and promotions. Shop around to find the best odds and take advantage of bonuses to maximize your potential returns.

✅ Follow the Odds: Pay attention to how odds change leading up to a match. Odds movements can indicate where the money is going and help you gauge market sentiment.

✅ Handicap Referees: Consider the tendencies of referees officiating the matches. Some referees are known for issuing more bookings and sending-offs, which can influence the outcome and flow of a game.

✅ Focus on Trends: Look for patterns and trends in teams' performances. This includes winning streaks, defensive records, and goal-scoring habits, which can provide valuable betting insights.

✅ Analyze the Schedule: Understand the tournament schedule, including rest days and travel requirements. Teams with tight schedules or extensive travel might be at a disadvantage.

✅ Manage Your Bankroll: Set a budget for your betting activities and stick to it. Proper bankroll management ensures you don’t bet more than you can afford to lose and helps maintain a disciplined approach.

✅ Don’t Chase Losses: Avoid the temptation to place bigger bets in an attempt to recover losses quickly. Chasing losses often leads to more significant losses and can derail your betting strategy.

✅ Be Selective with Your Betting: Choose your bets carefully and avoid wagering on every match. Focus on opportunities where you have the most confidence and have conducted thorough analysis.

Responsible Gambling

Responsible gambling means making sure you gamble in a way that's safe and doesn't harm you or others. It's important because it helps people enjoy gambling as a fun activity without letting it take over their lives. Here are some tips to help make sure you gamble responsibly:

1. Set limits on how much time and money you spend on gambling.
2. Don't chase losses—gambling shouldn't be a way to make money.
3. Balance gambling with other activities and responsibilities.
4. Don't gamble when you're feeling upset, stressed, or depressed.
5. Know the signs of problem gambling and seek help if you or someone you know needs it.

You can also refer to directions from responsible gambling agencies like AGA, NCPG and RGC.

Euro 2024 Betting Guide FAQs