With the Euro 2024 Football Championships on the horizon, football sports betting fans will be gearing up for the tournament as they know plenty of wagering opportunities will be available.
The football tournament is one of the biggest to take place every four years, arguably just a little beneath the World Cup in terms of its popularity and competitiveness. Of course, it will feature the 24 best national teams from the continent to have qualified, who will all descend on Germany this summer to compete for one of the top prizes in the sport.
Twenty-one teams have already qualified for the competition, with March’s play-offs set to determine the final three teams to qualify. However, any of those will unlikely be crowned winners, with bookmakers already providing odds for their favorites. According to reputable options, England and France are the current co-favorites, while Germany, Spain, and Portugal follow them in the list.
While the outright markets are always a popular option, many other markets can enhance the betting experience during the major tournament. Knowing the metrics, though, can be crucial to ensuring a positive session.
What metrics should you understand when betting on the 2024 Euros?
A sports bettor must understand the odds that are presented and what they mean. Depending on where in the world you may be, they can be presented in the following three formats:
- Fractional
- Decimal
- American (+/-)
It can be a lot easier to turn the odds into a method that is more understandable. Decimals can often prove popular, as they are a little easier to work out. A punter would need to multiply the figure to their bet stake, and this will provide the potential return. Of course, if you get stuck, it is possible to use a football odds calculator to help you work out the potential outcome of a bet or multiple bets that may be placed.
The odds will reflect the likelihood of the outcome; the smaller they are, the more likely it is. This does mean smaller returns, but a positive outcome is more likely to be achieved.
It is also worth considering the markets available to wager on during the 2024 Euros. These can enhance the activity and potentially make it more entertaining and enjoyable, as you can add excitement in various ways. Instead of going for the tried-and-tested match outcome, you could consider betting on the first player to score, or you could look to place a bet on the total number of corners, etc.
Knowing what markets are and how they work is key when betting, as being informed is one of the key drivers to potential success. By having as much knowledge as possible about what each one requires to land, you can maximize your wins, which can increase the enjoyment you may have during this football tournament when combining it with betting activities.
Research as much as possible
Above all, it’s always essential to do your research and consider several factors that may influence what happens during the tournament’s completion.
The hosts are supposed to enjoy the home advantage, but if they are poor at home, this could be a huge disadvantage to them. By their standards, Die Mannschaft had a bad 2023, an occurrence which led to the end of Hansi Flick and the beginning of Julian Nagelsmann as the coach. The host team will be under many expectations, but such pressure might be overwhelming.
It is also crucial to see what other teams are doing just before the competition. Although England and France are co-favorites, if they have some players out due to injuries or if they are in bad form, it would negatively affect their odds. On the other hand, a good season for certain national team players at Club level can benefit their National teams.
Researching helps to come up with the right strategies that may result in higher success. Although the games are played on the field, there is always a place for betting strategies, including bankroll management and being knowledgeable on every bet that is placed.
Knowing these specifics of some key measures is very crucial since it is the dividing line between successful and unsuccessful sports betting experiences.