Euro 2024 Spain Odds

One of the powerhouses of continental Football enters the 17th edition of the European Championship as the fifth favourite to lift the trophy. Spain took third place at the previous tournament and won the UEFA Nations League 2023.

To have an overall depiction of La Roja’s recent achievements in elite competitions, they failed to qualify from the World Cup Group Stage in 2014 and reached the Round of 16 in 2018 and 2022. The current set of players isn’t close to the level of the golden generation of more than a decade ago; however, Luis de la Fuente will introduce a powerful squad with great abilities.

The Euro 2024 Spain odds are at 9.00 (8/1) for the Outright Winner market, behind England, France, host nation Germany, and Portugal. Our article aims to help you place the top bets for the tournament based on the Southwestern Europeans, and their prices to reach the Semifinals and the Final.

Odds On Spain To Win Euro 2024

La Roja knows that the three teams they will face in the Group Stage of the Euro 2024 will be a tough and challenging situation. Ex-Barcelona player Sylvinho manages Albania, while Croatia were runners-up in the 2018 World Cup. Finally, Italy completes Group B, which promises to be difficult for all involved.

You can find numerous betting markets with juicy prices to back Spain in Euro 2024. They are expected to be solid contenders for lifting the trophy, which may surprise some. So, the one million dollar question is, “Can La Roja go all the way, ending a 12-year drought in which they have failed to win Euros? Here are the top Outrights for Spain to upset the tournament.

✔️ Euro 2024 - Outright Winner ⏩ Spain to Win the Tournament @9.00 (8/1).

✔️ Euro 2024 - Team Specials ⏩ Spain to Reach the Final @4.65 (72/20).

✔️ Euro 2024 - Team Specials ⏩ Spain to Reach the Semifinals @2.45 (29/20).

Before we delve deeper into the analysis of the odds on Spain to win the European Championship, we should first mention their schedule in Germany and the possible routes to the Final.

Spain Euro 2024 Schedule	Date/Time (CET)	Host City
Spain vs Croatia	June 15, 2024 / 18:00	Berlin
Spain vs Italy	June 20, 2024 / 21:00	Gelsenkirchen
Albania vs Spain	June 24, 2024 / 21:00	Dusseldorf

The latest prices in leading betting sites show Spain as a strong favourite to win the group. For bettors who believe they can take first place, it’s necessary to analyze the probable scenarios that can define La Roja’s winning chances until the Final.

Potential Spain Group B Spot	Potential Round of 16 Opponents
1st Place	3rd Group A/D/E/F (Germany, Scotland, Hungary, Switzerland / Poland, Netherlands, Austria, France / Belgium, Slovakia, Romania, Ukraine / Turkey, Georgia, Portugal, Czechia)
2nd Place	Runner-up Group A (Germany, Scotland, Hungary, Switzerland)
3rd Place*	Winner Group F or Winner Group E (Turkey, Georgia, Portugal, Czechia or Belgium, Slovakia, Romania, Ukraine)

*If Group B gives one of the four best 3-placed teams for the Knockout Phase.

Group B Winner: Euro 2024 Spain Betting Odds

The group journey will be challenging for four participants; however, Luis de la Fuente’s team is the favourites to take first place at 1.70 (7/10) Spain betting odds. Italy follows the prices at 3.15 (43/20), being the nation with the most qualifying chances for the Knockout Phase from the second spot. Croatia pays 5.50 (9/2) to finish first, while Albania is the underdog at 50.00 (49/1).

If La Roja takes the first spot, they will probably have an easy way out for the Round of 16. Analyzing the table above, Bookmakers.bet experts believe they may face more accessible opponents, like Hungary, Austria, or Romania, for a Quarterfinal ticket.

The Iberians’ opening day against Croatia will be critical for the group, and the result will determine the Spain vs Italy odds for Matchday 2. Looking at the early prices, Spain is the clear favourite to start the competition with a win at 1.65 (13/20).

The other options for the Match Result market pay 3.55 (51/20) and 6.00 (5/1) respectively. Meanwhile, checking the Over/Under Total Goals, the prices are 1.90 (9/10) for Over 2,5 and 1.91 (91/100) for Under 2,5.

Now, you can examine our experts’ predictions for Spain at the highest offered prices.

✔️ Spain vs Croatia ⏩ 1 @1.65 (13/20).

✔️ Spain vs Croatia ⏩ Over 2,5 Goals @1.90 (9/10).

✔️ Euro 2024 - Group B Winner ⏩ Spain @1.70 (7/10).

Euro 2024 Group B: Odds On Spain To Qualify

There’s no doubt that Spain’s squad has promising players, like Barcelona duo Gavi and Lamine Yamal. On the other side of the fence, the lack of experience among the team is apparent. Players like Rodri and Alvaro Morata hold the highest experience level, while Luis de la Fuente’s management skills and abilities are subjects of question in Spain.

Even if they don’t reach the Semifinals or the Final, La Roja’s Group B winning chances are high. Suppose you examine the 2-way market “To Qualify from Group B”; the prices for Yes/No provide a remarkable gap. The “Yes” option pays 1.083 (83/1000), while the “No” is at 8.00 (7/1). The second scenario means the Iberians will not take a qualification ticket for Round 16.

According to our experts, Croatia will take their place if they fail to enter the Knockout Phase. So, the Croatia vs Spain odds for the opening day also show the favourite for this 2-way market.

Double Chance: Spain Odds To Win Euro 2024

Spain is the 5th favourite to lift the Euro 2024 trophy on most Football betting sites, while four nations pay less for the first place, and have more winning chances for the Crown: England at 4.50 (7/2), France at 5.00 (4/1), Germany at 7.00 (6/1), and Portugal at 8.00 (7/1).

If you believe that Spain can go all the way in the Euro 2024, being a dominant force in continental Football, the Double Chance can offer you the opportunity to bet on high odds for this Outright market. The options are fewer than the main favourites, England, France, or Germany. The Double Chance on Spain includes nations like Belgium and the Netherlands, with equal or lower chances to lift the trophy.

Suppose your analysis shows Spain can conquer the competition while Belgium provides the skills to upset Euro 2024. The 5.65 (93/20) price is a lucrative alternative for betting, even if the Spain odds are decreased compared to the 9.00 for the Outright Winner.

The table below shows several combinations for the Double Chance market and their implied probability.

Spain Double Chance	Odds	Implied Probability
Spain or England	3.00 (2/1)	33.33%
Spain or France	3.20 (11/5)	31.25%
Spain or Germany	4.15 (63/20)	24.10%
Spain or Portugal	4.25 (13/4)	23.53%
Spain or Belgium	5.65 (93/20)	17.70%
Spain or Italy	5.65 (93/20)	17.70%
Spain or Netherlands	6.20 (26/5)	16.13%

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Spain Betting Odds To Reach The Finals

The Iberians will encounter the most strenuous group against Croatia, followed by a showdown against the reigning European Champions, and then conclude with a probable win over Albania.

However, one of the most popular bets for those who believe in Spain’s chances to claim the trophy is the option to reach the grand final match. As mentioned, the 4.65 odds for the pick mean a 21.51% implied probability. Suppose you back it with a €/£10 bet; you will get €/£46.5 total returns if Spain reaches the Final.

Before you add the betslip, you should also check the Outright Winner E/W market and the La Roja each way option with 1/2 1-2 terms. The Euro 2024 Spain odds for first place are 9.00, so an E/W wager costs double (€/£20) compared to the starting stake (€/£10). If Spain reaches the Final, you will get €/£140 whether they lift the trophy or not, which is a more juicy payout.

Spain To Reach The Semifinals Odds

The current coach, Luis de la Fuente, has taken command of Spain, marking the beginning of a new era. His predecessor, Luis Enrique, departed after La Roja’s elimination in the Round of 16 against Morocco for the 2022 World Cup.

Since the previous Euro, the national team has had an influx of young and inexperienced players. This seems a disadvantage for an elite tournament like the European Championship. If we combine that factor with the low prices for reaching the Semifinals at 2.45 Spain odds, we can understand that the market doesn’t have much value.

Suppose you place a €/£10 bet backing Spain to reach the Semifinals; your potential payout will be €/£24.50. As a tailpiece, we recommend that if you believe the Iberians will go all the way, it’s more lucrative for your bankroll to back them on daily wagers than on that Outright.

Straight Forecast: Odds On Spain To Win

This market seems suitable for bettors who want to risk a small stake and bolster their bankroll. Betting on a Straight Forecast for Euro 2024, you should precisely predict the tournament’s winning nation (first place) and the finalist (second place).

Indeed, you can find double-digit prices for several offered selections. For example, the Straight Forecast for the Euro 2024 Outright Winner can secure a massive payout if your analysis shows that a Spain vs England final is entirely possible. The option pays 24.00 (23/1) odds, enhancing your earnings if you back the odds on Spain to win the trophy.

Check below and observe the best combinations for this market and their odds, from 24.00 to 80.00, due to Spain’s underdog prices to lift the Euro 2024 trophy.

Spain Straight Forecast	Odds	Implied Probability
1.Spain & 2.England	24.00 (23/1)	4.17%
1.Spain & 2.France	26.00 (25/1)	3.85%
1.Spain & 2.Germany	32.00 (31/1)	3.13%
1.Spain & 2.Portugal	35.00 (34/1)	2.86%
1.Spain & 2.Belgium	60.00 (59/1)	1.67%
1.Spain & 2.Italy	65.00 (64/1)	1.54%
1.Spain & 2.Netherlands	80.00 (79/1)	1.25%

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Are The Euro Spain Betting Odds Worth It?

Our experts are hesitant to back Spain for first place in the upcoming European Championship due to their challenging Group B draw. However, La Roja remains one of the main favourites to lift the trophy among bookies. Indeed, their squad seems complete and powerful.

Moreover, Spain’s calibre in continental Football is one of their absolute advantages. Our article aims to introduce you to the best Outrights for the Iberians from Group betting until the Final.

As a tailpiece, Spain seems a safe choice for bettors who want to back middle prices for long-term wagers. Our recommended bookmakers offer value Euro 2024 Spain odds, worthy betting markets, and the best promotions to bolster your bankroll.

Best Bookmakers for Spain Euro 2024 Betting