June 14th marks the start of the Union of European Football Associations (UEFA) Euro 2024, the second-most-watched soccer tournament in the world, following only the FIFA World Cup. Like the World Cup and the Olympics, the Euros are held every four years, and this time, Germany has the honour of hosting the event.
The Euros feature a field of 24 teams, each determined through a series of qualifiers that countries must win to secure their place. Once the teams are set, they are divided into six groups of four. During the group stage, each team plays against all other teams in its group in a round-robin format. The top two teams from each group, along with the four best third-placed teams, advance to the knockout phase, where the competition gets even more exciting, especially for bettors.
We’ve put together this comprehensive guide to betting on Euro 2024, with handy explanations of all the most popular types of wagers you can make.
Euro 2024 Betting Options
Result betting
These focus on the outcome of a particular match. Here are some common types of result bets:
Moneyline Betting
This is a straightforward bet on the result of a game. You can bet on either team to win or on the match to end in a draw. For example, you might see odds like Spain to win (-110), Draw (+240), or Croatia to win (+320).
Draw No Bet
This type of bet removes the option of a draw. If the match ends in a draw, your bet is a push, and you get your stake back. For example, Spain draw no bet (-275)or Croatia draw no bet (+190).
Win to Nil
This bet is on a team to win the game without conceding a goal. For instance, Spain win to nil: Yes (+195) N0 (-275)
Win from Behind
Bet on a team to win despite falling behind at some point in the match. For example, a Spain win from behind (+950) or a Croatia win from behind (+1700).
Correct Score
Predict the exact score at the end of the game, such as Spain 1, Croatia 0 (+475) or Spain 2, Croatia 0 (+550).
Point Spread Betting
Point spread betting, also known as handicap betting, involves giving one team a virtual advantage or disadvantage. This levels the playing field and offers more betting options. For example, you might see:
Germany -1.5 : Bet on Germany to win by at least two goals. Scotland +1.5 : Bet on Scotland to win, draw, or lose by no more than one goal.
Goals Betting
These bets focus on the number of goals scored in a match. You can look at our match between Germany and Scotland above as an example, where the total goals is set at 2.5.
Total Goals: An over/under bet on the combined goals scored by both teams. For example, over/under 2.5 goals with odds of -110.
Both Teams to Score: A yes/no bet on whether both teams will score in the game.
Team Totals: An over/under bet on the number of goals scored by a specific team.
Exact Goals: A wager on the precise number of goals in a match.
Same-Game Parlays
Same-game parlays allow you to combine multiple predictions for one match. Examples include betting on both teams to score and over 2.5 goals, or a team to win and a specific player to score.
Futures Betting
Futures bets focus on long-term outcomes.
Tournament Winner: Bet on which team will win Euro 2024. Odds are available well in advance and update as the tournament progresses.
Group Betting: Bet on which team will win each of the six groups or which teams will advance to the knockout stage.
Stage of Elimination: Predict how far a team will advance, such as Germany reaching the quarterfinals or Spain reaching the semifinals.
Player Futures: Bet on individual achievements, like the tournament’s Golden Boot winner.
Euro 2024 Prop Betting
Prop bets focus on specific events or statistics:
Player Props: Bet on individual player performances, such as who will score the first goal, receive a yellow card, or be sent off.
Team Props: Bet on team-specific events, like scoring a penalty or keeping a clean sheet.
Game Props: Bet on game-specific events, such as the total number of corners or bookings.
With this thorough guide, you can confidently place bets on the Euro 2024 soccer tournament and potentially win big while doing so. Just always remember to bet responsibly.
