It’s still extremely early in the Eurovision 2020 season and only one song has been officially selected so far. Nonetheless, it’s still possible to walk into your local bookmakers and place a bet on who you think will win.
And in recent days, people have clearly been doing just that as Italy has shot up to the top of the bookmakers’ ranking.
Eurovision 2020 Odds: Italy favourite to win — 26 January
Currently, Italy is sitting comfortably at number one on Oddschecker’s odds comparison table. Bookmakers such as Ladbrookes and Coral are offering odds of 8.0.
With so many people effectively betting blind, it’s not surprising that money is flowing towards the most successful Big Five country of recent years. Since returning in 2011, Italy has only missed the top ten on two occasions.
But this recent flurry of activity around the land of Il Volo and Mahmood looks to be motivated by the release of Sanremo previews from Italian journalists and bloggers. A chosen few were let listen to the soon to be released Sanremo 2020 entries and then write up their opinions on each track. Those to receive favourable reviews include Elodie and Elettra Lamborghini.
Other Eurovision 2020 betting favourites
The rest of the top-end of the table is dominated by perennial overachievers.
Russia and Sweden are joint second with odds of 10.0. Expect these numbers to begin to shift in the coming days, particularly for Sweden when the Melodifestivalen acts begin to arrive later in the week.
A glut of entries are next, all trading at 16.0. They are last year’s champs the Netherlands, Belgium and Australia. The first two have revealed their artists while Australia’s national final has yet to take place.
The top ten is completed by Spain, France, Ireland and Israel. The United Kingdom is 11th.
Before you spit out your tea — or beverage of choice — bookies odds tend to be biased towards both Britain and Ireland. Many of the outlets used by sites like Oddchecker originate from one or other of the two countries. And local punters have a habit of always backing their own act.
In fact, most oddsmakers have yet to set odds for over half of this year’s competing countries. On Oddschecker, the only company to offer odds for all 41 countries is Betfair Exchange, and that’s a betting exchange platform rather than a traditional bookies — odds are set by fellow betters rather than the bookmakers.
Eurovision 2020 Betting Odds — 26 January
Odds correct as of 23:00 CET 26 January 2020.
Do you agree with the odds? Are the betting community getting a bit too excited a bit too soon? Let us know in the comments.