UEFA Euro 2020 Winner Betting Odds

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Just a reminder: the last 4 participants of Euro 2020 will be determined in March 2020.
 

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Why is the previous EURO champion (Portugal) is given such 17 odds? Thats too high for such a great team.
 

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Why is the previous EURO champion (Portugal) is given such 17 odds? Thats too high for such a great team.

Odds are set by bookmakers. They take into account mostly the current state of the teams, rather than their past achievements.
 

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Odds are set by bookmakers. They take into account mostly the current state of the teams, rather than their past achievements.

True! History or previous achievement does great job when it comes to analysis, like I get all the data from Statisticsports, and it also does the analysis for me. However, when you consider the Odds based on the current performances, looks like England has the best outcome to expect . Have a look at the odds on Belgium, Netherlands, Spain or Germany on the game as well, they are in good position to consider too.
 

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