France, Italy lead way atop updated Euro 2020 odds

France's Kylian Mbappe, centre, controls the ball during the Euro 2020 Group F match between Portugal and France at the Puskas Arena in Budapest, Wednesday, June 23, 2021. (Bernadett Szabo, Pool photo via AP)

After finishing atop the Group F table by a narrow margin and earning a favourable matchup in the Round of 16, the French have climbed to short +350 betting favourites on the odds to win Euro 2020 at sportsbooks monitored by

The defending FIFA World Cup champions were put to the test early on after drawing into this year's tournament's group of death alongside Germany, Hungary, and defending Euro champions Portugal. While they failed to dominate, Les Bleus emerged from the group stage undefeated, setting the stage for a Round of 16 matchup with Switzerland on Monday at Arena Nationala in Bucharest, Romania.

Winners by a slim 1-0 margin in their tournament opener versus Germany, the French were forced to settle for draws in their subsequent clashes with Hungary and Portugal. But despite sporting the weakest record of any first-place finishers in the group stage, the French are likely to benefit from their date with Switzerland to open the knockout stage as they are undefeated in six meetings across all competitions with the Swiss since 1992. However, Les Bleus can expect to face stiff competition the rest of way.

A potential opponent for France in the semi-finals, the Italians are second on the Euro 2020 odds as a +550 wager at sports betting sites, followed by England at +650, Germany at +700, Spain at +750, and Belgium at +800.

Joining England as the only two squads to keep clean sheets in all three group stage matches, Italy marched to the top of the Group A table with three straight wins. The Italians have been rewarded for their efforts with a Round of 16 matchup with Austria, but will then have to get past the winner of Sunday's clash between Belgium and Portugal to advance to the semi-finals for just the second time since 2000.

The stingy defence of the English was crucial to their climb to first place in Group D but earned them a Round of 16 date with Germany, whom they have not defeated at a major tournament since 2000. The Three Lions must also find a way to revive a moribund attack that produced just two total goals during the group stage, and only eight total goals over their past seven overall contests.

Germany's second-place group stage finish extends a middling stretch of 16 matches during which they have won consecutive contests on just two occasions. However, Die Mannschaft have reached the semi-finals in nine of their 12 previous Euro appearances.

Further down the Euro 2020 odds, Netherlands leads the middle of the pack at +900, just ahead of Portugal, who are pegged as a +1200 wager to repeat as European champions.

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