Bookmakers Not Convinced by England at Euro 2020 – England were the 5/1 second favourites to win the 2020 European Championship before a ball was kicked, although Gareth Southgate’s side have drifted out to 7/1 despite qualifying for the last sixteen of the competition after winning Group D.
The Three Lions landed two wins and a draw without conceding a goal against Croatia, Scotland and Czech Republic, although the bookies have not been convinced by the England performances at Wembley Stadium and there are now four teams trading at a shorter price on the outright market.
Why Don’t the Bookies Fancy England?
Before the tournament started, there was a general consensus that Gareth Southgate had a squad packed with quality and an easy-looking group, while the fact that they could potentially play a last sixteen match, semi final and final at Wembley also seemed to be to their advantage.
However, England have failed to produce the kind of performances to excite a group of expectant supporters, while other teams in the tournament have looked more impressive as they have made steady progress to the last sixteen stage of the competition.
A betting spokesman told WhatAcca.com: “England have been pretty defensive in all three of their matches. Two goals scored against three modest opponents won’t exactly have France, Germany and Italy quaking in their boots.
“We’re taking on England in the outright market and there hasn’t been too much patriotic money based on the evidence so far. Fans have also had their fingers burnt too many times in the past.”
WhoWere the Euro 2020 Betting Favourites?
France retained their place at the head of the market and they have slightly shortened with bookmaker bet365 since Euro 2020 began, with Les Bleus enjoying a 1-0 victory over Germany in their opener before a 1-1 draw against Hungary which suggests that they might not be head and shoulders above every other team.
One of the big market movers was Italy who have came in from 11/1 to 6/1 which means the Azzurri have nearly halved in price after three impressive performances during the group stage. Roberto Mancini’s side claimed 3-0 victories over Turkey and Switzerland before a more slender 1-0 win over Wales means they are now second favourites.
Germany Shorten Ahead of Potential England Clash
Before Euro 2020 began, Germany were relatively friendless in the market thanks to some suspect performances in recent months and the fact that manager Joachim Low will be bowing out in a few short weeks, with a 1-0 defeat against France at the Allianz Arena really setting the alarm bells ringing.
However, Die Mannschaft came from behind to beat Portugal 4-2 in their next clash and the Germans are now 11/2 from 11/1 to win Euro 2020, with the distinct possibility of them facing England at the last sixteen stage. Learn more about placing bets on football here.
England Faced Germany
Much was made of England’s potential last sixteen opponents ahead of the final Group F encounters although the bottom line was that they were likely to be betting outsiders whether they faced Germany, France or even Portugal at Wembley. The victory over Germany was a classic strategic win for Gareth Southgate, with a fantastic 2-0 win.
As for the Final against Italy, well England could not have got any closer, takining it to the wire with Penalties after Extra Time.
Football came home, then disappeared on loan to Italy until the next Tournament. Football really is a funny old game.