England will play at Euro 2024 next summer after an impressive 3-1 win over Italy as Gareth Southgate safely steers the Three Lions to another major tournament.

Now thoughts turn to the huge summer tournament in Germany, as the major nations all start to dream of glory in 2024. Below I’ve taken a look at how the outright betting market is shaping up at the conclusion of another international break. 

Who are the favourites to win Euro 2024?

England are now OUTRIGHT FAVOURITES to win Euro 2024 with Betfred after another impressive qualification campaign. They have beaten Italy home and away, and are unbeaten so far in their group, which has forced Betfred to price them at 4/1 to win their first men’s trophy since 1966. 

Meanwhile, World Cup finalists France are narrowly behind them at 9/2, which seems generous given their immense quality and the fact they boast Kylian Mbappe. Having won the 2018 World Cup, and only lost in the 2020 Euros and 2022 World Cup on penalties, they are certainly a force to be reckoned with. 

Spain are next best at 7/1, although they may not even win their qualification group, and are level on points with Scotland. They can be backed at the same price as hosts Germany for the outright victory. Julian Nagelsmann is the new man in the dugout and without qualification games, they are trying to find their feet. The Germans have lost to Japan, drawn with Mexico, and beaten France and the USA in recent months – making them difficult to predict. One thing is for sure, on home soil, Nagelsmann will make them a force to be reckoned with. 

Portugal are ones to keep an eye on and feel like a huge price at 9/1. Cristiano Ronaldo is still scoring goals and they have qualified in style, with one of the finest squads anywhere in the world. Bruno Fernandes, Diogo Jota, Bernardo Silva, Joao Felix, Lucas Joao and Ronaldo. That’s a front line that takes some beating. 

Who are the Market Movers to win Euro 2024?

England were 6/1 with Betfred to win the Euros when the market opened during the 2022 World Cup, so you can see how belief has gathered behind Southgate’s Three Lions. Part of that will be down to the emergence of Jude Bellingham, who has shot to superstardom since joining Real Madrid. 

France were also 6/1 in late 2022 and have come in slightly, while Germany have drifted from their opening price of 5/1. The uncertainty around their team and change in manager hasn’t helped their long-term preparation. 

The biggest market movers of the lot though come in the form of Scotland. They were a whopping 150/1 to win the Euros when the market opened, but having stormed to qualification, have been cut to 80/1! A decent price for any Scottish fans drunk on belief and heading to Germany. 

Who are the Nations in danger to qualify for Euro 2024?

Unlike Scotland, some major nations are struggling to qualify for the finals in Germany next summer. Italy, who England have beaten twice, are now in third position in Group C. If they fail to overhaul Ukraine, they may miss the tournament completely, having won it in 2020. They started at 9/1 favourites to retain their title, but are now 14/1 to win the entire thing – if they make it.

Croatia are also in trouble after defeat to Wales, and may have to rely on the Nations League to book their place at Euro 2024. They are third in their group, and now a huge 33/1 to win the Euros next summer. That’s a big price for a nation that has done so well in major tournament recently.

Two of the world’s finest strikers may both also miss out next summer, in the form of Erling Haaland and Robert Lewandowski. Norway can no longer qualify after the impressive form of Scotland and Spain, while Poland’s hopes hang in the balance.