With the biggest European football competition starting June 14th in Germany, it is best to get yourself acquainted with how to bet on Euro 2024 online. With the competition lasting a month, there are enough games and markets for punters to get their hands on. Read on and learn our tips on how to bet on EURO 2024.
How to Bet on Euro 2024 – Betting Basics
The sheer purpose of this EURO betting guide is to make it easier on those that are doing it for the first time. However, betting on the Euros does not differ greatly from betting on any other regular competition. The main difference is that this is a tournament competition where the stakes of losing a match are much higher compared to a league format, especially when one gets to the elimination stage.
There are several factors that need to be considered, and everyone has different goals when it comes to betting. Sometimes it all comes down to being proud that you are getting your nation to the next round. So, the strategies may differ, but the entire process of how to place a bet on Euro 2024 matchups is completely the same as in any type of football betting.
You might need to check the odds more frequently. Due to the shortness of competition, they may change, and might also need to include some unique types of markets. A tournament format like the one used in the Euros provides more betting opportunities for punters especially if they want to mix some markets up.
Types of Euro 2024 Bets Explained
What makes betting on this competition are the types of Euro 2024 bets. Some are completely the same, while others are very much different compared to regular football bets. To understand the markets you are going to be most likely facing, consider the following.
Match Betting 1×2
The most basic types of bets that you can make during the tournament are 1×2 bets. It essentially means betting on the outcome, and since in football, there are three possible outcomes, a win, a loss, and a draw, you are essentially placing a bet on how the end result of the match is going to look.
Asian Handicaps
Asian handicaps will most certainly be available to bet on Euro 2024 matches. It is a form of betting where each team is given a line to balance things out, especially when a much stronger team is betting on a weaker one. This form of betting makes it much easier for punters to bet on surprise results during the tournament.
Goal Totals
You don’t always have to bet on the winner or the loser of a match. Sometimes, it is much easier to predict the number of goals scored. You can decide whether to bet on over a certain number or under it and that way, place a bet. It is a type of tactic that each guide for betting on Euro 2024 advises players to consider.
Both Teams To Score
Scoring goals is the main purpose of every team. Sometimes, the game can get very competitive so we get goals galore during a single matchup. If you are not sure which team will win, or the number of goals scored, it perhaps works best to place a bet on both of the teams to bag at least one.
Correct Score
Probably the hardest bet type to get correctly, but one that comes with the highest potential returns. Guessing the exact score of the game is hard, but it can be done. If one follows all the teams regularly and studies their patterns, this can be done.
Draw No Bet
To help you understand a bit more how Euro 2024 betting works, you also have to also know how to place a Draw No Bet wager. This type of wager allows you to place a bet on a team to win but also enables you to get your stake back if the tie ends in a draw.
Half Time/Full Time
Betting on the full-time score is not your only option. Sometimes the result at half-time can be very different. Punters have added options as they can place a bet on the result at halftime, so whatever happens afterwards will not affect the status of their bet.
Accumulators
The most obvious and easiest way to increase the total odds on your bet slip is by adding more games. That is exactly what an accumulator bet is. Instead of betting only on a single game, you can add multiple games with different betting markets on a single bet slip.
However, while the odds become greater, so does the chance of winning gets slimmer. In order for your accumulator bet to be a winning one, you have to get all of your bets correctly as stated.
Goalscorer Betting
The Euros are more often than not characterised by lethal finishers. This fact allows you to bet on those goalscorers during every game or at the start of the tournament. You can place a bet on a particular player to score a goal during a single game, or you can wager on the top scorer of the entire tournament as an outright bet.
Over and Under Betting
Over/Under betting is one of the easier types of bets that you can make during the Euros. If you are certain that the game will finish with more than three goals scored, you can simply place an Over 3 bet. At the same time, if you think that there will be fewer goals, your bet will be Under 3 goals scored between the two teams.
In-Play Betting
In-play betting, also called Live Betting, involves placing bets during the game. It is much more dynamic than traditional pre-game betting as you can study the situation on the field and place a timely bet when you see an opportunity for it.
In-play betting allows you to pick from multiple markets. But note that the odds will be shifting at all times, so you have to be quick if you want to land one.
How to Bet on Euro 2024 – Betting Markets
When it comes to betting on Euro 2024, operators will allow you to place bets on some unique betting markets that you don’t get during regular competitions. The uniqueness of these types of bets comes with the specific nature of the tournament. So you basically get a chance to place outright bets on player’s performances at the tournament.
- Top Goalscorer (Golden Boot): Betting on the top goalscorer of the tournament sounds easy enough. But some of the past Euros have taught us a lesson that surprises can happen in this category.
- Player of the Tournament (Golden Ball): Being the best goalscorer is not the same as being the best player of the tournament. The player who has the most impact on his team and leads them to victory usually receives this award.
- Best Goalkeeper: At each tournament, we get to see an exceptional shot-stopper make his mark. The Euro 2024 is not going to be any different. You can bet on who the best goalkeeper will be.
- Young Player of the Tournament: New stars are regularly created at the Euros. The one that shines the brightest gets the title of a rising star.
- Euro 2024 winner: This one is as simple as it gets, you simply bet on who will win Euro 2024. However, as the tournament progresses, your chances of potentially winning get bigger, but the payout gets smaller, so it is best to place this type of bet well in advance.
- Euro 2024 to make the final: Instead of going for the winner of the tournament, you can simply place a bet on a certain team to make it to the final. Whether they win or not is no longer your concern, as long as they are there.
Understanding Euro 2024 Odds
The way the Euro 2024 odds work is not really different compared to standard football betting. You have your favourites, who will have lower odds and smaller returns, and underdogs, who feature bigger odds and greater returns.
The difference may lie among operators. As there could be a slight difference in betting odds before the start of the tournament, but gets ironed out as the competition gets closer.
- Tournament Winner Odds: Betting on the team to lift the trophy in the grand final.
- Group Winner Odds: Wagerin on individual group winners during the first stage of the tournament.
- Knockout Stage Qualification Odds: Placing a bet on teams that you think will advance to the elimination stage of the competition.
- Top Goalscorer Odds: Betting on the player who will end up as the competition’s best scorer.
- Over/Under Goals Odds: Wagering on individual matchups and the number of goals scored.
- Asian Handicap Odds: Getting a more balanced approach with a handicap added to your bet.
- Specials and Prop Bets Odds: Unique types of bets that may differ based on the chosen operator.
- Live Betting Odds: Placing a bet while the game is still being played.
Developing a Betting Strategy
Before you start making your predictions, it works best to develop your very own betting strategy.
Being that this is a massive tournament, with many things that could happen, experienced punters do their research beforehand, study various Euro betting tips, and create their own tactics and specific approach to betting on Euro 2024 competition. To create one of your own, here are some factors that you are going to need to address.
Consider Head-To-Head Matchups
One of the main factors to determine is the H2H history between the two teams. Previous matchups hold the key to the future. And it also helps to determine what the result might be by studying a certain team playing a similar opponent.
Consider Underdogs
Never underestimate the underdogs. Especially during a tournament-style competition. Surprise results do happen, so prepare for them. If you notice that a certain weaker team is giving off vibes that may result in something bigger, you should use it to your advantage.
Consider Specific Euro 2024 Promotions
During the Euros, expect multiple operators to release their very own special offers. Use those Euro 2024 betting offers to get enhanced odds, boosters, or some added funds. Expect new types of welcome offers as they attract new players.
Identifying Competitive Odds
Seasoned punters are good at identifying good odds. It does come with experience. But if you know the sport and follow all the news, you might be able to do it. The key is to follow the teams carefully, even pre-tournament and then follow multiple operators to see when better odds appear.
Tournament Dynamics
Every competition is unique in its own sense, and every Euro Championship competition is different from the previous ones. Recognizing the specific dynamic of the coming tournament can help you place timely bets. Allowing you to get ahead of the situation.
Analyse the Schedule in Full
One of the best tips about how to bet on Euro 2024 online is to study the schedule beforehand. That way, you know the situation at all times and can place a timely bet when needed. It is best that you create your own schedule to coincide with the tournament’s set and follow it as it goes on.
How to Bet on Euro 2024 – Conclusion
Now that you have studied our guide on how to bet on Euro 2024, you should be more than ready to take on the competition head-on. Remember, this is a tournament-style competition, so literally anything can happen.
There is much less room for error compared to a league competition. While the strongest teams usually win, there is more room for underdogs to advance.
Using your best judgement is the key, but it does not help to have some tips as an added help. More so, there are going to be multiple promotions offered by brands during the tournament. Stay ahead of them and be sure to capture them, as they could provide help you didn’t know you needed.
How to Bet on Euro 2024 – FAQ
Here are a few FAQs so you understand even better how to place a bet on Euro 2024.
How can I place a bet on Euro 2024?
You can place a bet by signing up for an account with an operator, funding your account, and creating a bet slip on their site.
What types of bets are the simplest to place on Euro 2024?
The easiest type of bet is the 1×2 bet. Here, you simply determine whether the match will end in a win, loss, or a draw.
What is Euro 2024 outright betting?
This is a long-term type of bet. You pick the winner of the competition in advance, the top scorer, or the group winner.
What is the best way to bet on Euro 2024?
It works best if you prepare in advance. Create your own betting tactic and study all the teams and elements in regard to the teams.
Can you bet live during Euro 2024?
Yes, you can. Depending on the brand you decide to bet with, you can easily place live bets.
When does Euro 2024 start?
Euro 2024 starts June 14, and lasts a month, concluding with the grand final on July 14.