The outright Euro 2024 odds have already changed significantly, despite the tournament barely being a week old.
England, who went into the tournament as the favourites, are now not even inside the top two after a couple of underwhelming performances against Serbia and Denmark in Group C.
While England have struggled so far, the likes of Spain, Portugal and Germany have all excelled, earning maximum points from their opening two matches.
As a result, all of their odds have shortened, but have any of them done enough to become the new outright favourites to win Euro 2024?
Euro 2024 odds: Outright favourites
France – 4/1
France came into the tournament as second favourites, but they have moved up to joint-favourites alongside Germany. Like England, France have yet to play to its true potential, but we've seen this before from Didier Deschamps' team.
They are typically a team that grows into the tournament so expect them to kick into top gear from the round of 16 onwards. They are the new favourites to win the tournament due to England's poor form and the players that Deschamps has at his disposal.
Germany – 4/1
There were serious question marks about Germany's performance coming into the tournament, but their first two performances at Euro 2024 have been brilliant, which has forced the bookies to move them up to joint-favourites alongside France.
Being the host nation only strengthened Germany's case, with their passionate support helping them win both of their matches so far. Jamal Musiala has been the standout player of the tournament so far, and if he keeps his current form, Germany will be tough to stop.
England – 9/2
England were the outright favourites coming into Euro 2024 and understandably so. On paper, they possess the Bundesliga's top goalscorer, the La Liga Player of the Season and the Premier League Player of the Season.
Aside from Harry Kane, Jude Bellingham, and Phil Foden, they have quality all over the pitch and have fared well in tournaments under Gareth Southgate. However, two subpar performances in Group C have knocked them down to third favourites.
Spain – 5/1
Spain weren't spoken about too much before the tournament but their odds have shortened over the past week due to two impressive performances against two good teams. No side has faced tougher teams (Croatia and Italy) than Spain and yet they have come through both with maximum points.
While their 3-0 win over Croatia was perhaps a little flattering, their 1-0 win over Italy could and should have been by more. There are still question marks around Morata up front but they do arguably have the most balanced and complete midfield in the tournament.
Portugal – 11/2
Portugal are perhaps still too long in the outright odds for Euro 2024, particularly after their strong performance against Turkey on Saturday night. They have one of the deepest and strongest squads at the tournament and with top spot in Group F already secured, their best players can take a rest in their final group game.
Cristiano Ronaldo may well prove to be too big of a passenger to carry if they are to go all the way which means Roberto Martinez could have a big decision to make in the knockout stages. For now, though, they look brilliant.
Andy is tipster who has been calling Golf tournaments for several years across many different platforms. He has covered all tournaments from the Asian Tour to the Masters.
