After topping Germany 2-0 in Round of 16 action on Tuesday afternoon, England have vaulted to the top of the odds to win Euro 2020 where they are listed as +200 favourites at sportsbooks monitored by OddsShark.com.
The Three Lions punched their ticket to the quarterfinals for the third time in four tournament appearances with yet another steady defensive performance. The squad have now blanked opponents in nine of 10 outings across all competitions heading into Saturday afternoon's quarterfinal matchup with Ukraine at Stadio Olimpico in Rome.
In addition to padding their current 10-match win streak in all competitions, Tuesday's victory provides the English with a favourable path towards their first-ever appearance in a European Championship final. England have emerged as -227 chalk in their upcoming clash with the surprising Ukrainians, whom they have lost to just once in seven previous meetings, and who lag as distant +2800 longshots on the Euro 2020 futures.
And should they get past Ukraine, the Three Lions can look forward to a semifinal clash with the winner of Saturday's other quarterfinal matchup between Czech Republic and Denmark. Both the Czechs and the Danes stumbled through the group stage, with each posting just one win, but responded with decisive clean-sheet Round of 16 wins over Netherlands and Wales, respectively. Denmark has also enjoyed consistent success in recent clashes with England, winning three of their past six overall meetings. That track record has helped lift them just shy of the Euro 2020 favourites as a +1000 wager.
The stage is set for a much tougher battle on the other side of the bracket, which features England's closest challengers on the Euro 2020 odds. Set to take on Switzerland on Friday, Spain trails England as a +320 second favourite on the Euro 2020 odds at sports betting sites, just ahead of Italy at +375, and top-ranked Belgium at +650.
Spain needed extra time to get past Croatia with a 5-3 win in Round of 16 action, and have scored 10 total goals over their past two outings. The three-time European champions' odds are buoyed by a solid record against Switzerland. Listed as a +2500 bet, the Swiss knocked off heavily favoured France on penalties in the Round of 16, but have defeated Spain just once in seven all-time meetings.
Friday's other quarterfinal matchup promises to be a clash of titans as Italy battles Belgium as +143 chalk at Allianz Arena in Munich. Italy have allowed just one total goal during a 12-match win streak, and Belgium is undefeated in 13 outings since last fall's 2-1 loss to England in UEFA Nations league action. However, unlike Italy, Belgium have failed to make an appearance in the Euro final since 1980.