The UEFA EURO 2024 Championship has finally started as it has been a long four years since the prior 2020 installment. Bettors are already clamoring trying to discover which team to bet on as the winner of the championship. The games just started on June 14, 2024 and will go on for a month, so futures betting decisions for the winning team should be placed soon. However, it’s more advisable to place your bet as close to the end of the championship as possible for a more accurate bet placement.

According to FOX Sports, the England and France teams are both sitting on +400 betting odds respectively for winning the EURO 2024 tournament. You can evaluate more of the EURO 2024 betting odds for the final tournament as the time draws closer on July 14, 2024 for the concluding match at Berlin’s Olympiastadion.

Prior Winners of the Last EURO Championships

The UEFA Euro Championship takes place every 4 years just like the FIFA World Cup does. Evaluating the last four winners of the UEFA Championship can be a part of the historical data for an informed betting decision on who may win the 2024 UEFA EURO Championship.

The winner of the 2008 UEFA EURO Championship was Spain with the runner-up being Germany. Spain won their second consecutive championship in this league in the 2012 final match against Italy. Then, Portugal took the win in the 2016 UEFA EURO Championship, while the most recent winner was Italy in the 2020 installment.

Believe it or not, the most recent winners of the prior championships are not the betting favorites for this upcoming tournament. Let’s explore more on why this is the case.

Why England Is A Betting Favorite

In the 2020 UEFA EURO Championship, it was Italy versus England and it was a very close game. England was super close to winning as they only needed one more penalty shot to take the win, but Italy was crowned as the victor instead. Gianluigi Donnarumma was the goalkeeper that made the magic happen in Italy’s penalty shoot-out scoring success.

England just won their first game of the UEFA EURO 2024 Championship. It was an away match against Serbia on Sunday, June 16, 2024, which means they are off to a great start for qualifying during the group stage as a part of Group C. The second game England will embark on will be a head-to-head with Denmark on Thursday, June 20, 2024, where you can make a match outcome bet if you choose.

Why France Is A Betting Favorite

If France only won EURO 1984 and EURO 2000, why are they becoming one of the favorites to win this year as well. Just like England’s football team, France’s team is out to seek redemption for the heart-wrenching loss they experienced a couple of years ago at the most recent World Cup.

During the 2022 World Cup, it was Argentina versus France where Argentina took the win. France also needed only to make one penalty shot to win the World Cup like England only needed that much to win the 2020 UEFA EURO Championship. The game ended as 4-2 in Argentina’s favor once over time set in for their original 3-3 score during the final match that took place in Doha, Qatar at the local Lusail Stadium.

France has yet to start their first UEFA EURO 2024 Championship match in the group stage for Group D. Their first match will be an away one against Austria while their second match day will be on Friday, June 21, 2024 against the Netherlands. Seeing early wins in a championship is a hopeful promise that the momentum will keep going in the favor of bettors’ favorite teams.