Sports Betting News: Euro 2024 Sparks Global Betting Boom

Michael Black
By:
Michael Black
07/06/2024
Betting News
Football Betting
Sports Betting News: Euro 2024 Sparks Global Betting Boom

The 2024 European Championship in Germany has sparked a massive global wagering boom on football betting sites this summer. 
 
The tournament has not only been a big hit with punters in Europe, but has also attracted sizeable interest among bettors located in other jurisdictions. 
 
Read on as we assess some of the key betting-related news from Euro 2024, starting with surprising results from North America. 

Highlights

  • Euro 2024 betting overshadows Copa America.
  • Punters favour straightforward bets.
  • Spain now the favourites for Euro 2024.

US Bettors Favour Euro 2024 Over Copa America

Despite the presence of the United States and Canada in the 2024 Copa America tournament, US bettors have wagered more on the outcome of Euro 2024. 
 
Several operators of betting apps have reported that Europe’s top international tournament has generated more revenue than its South American equivalent. 
 
Argentina have been a popular pick with bettors to retain the Copa America title, while France have come in for the most support to win Euro 2024.

Punters Keep it Simple at Euro 2024

Although they have a wealth of innovative bets to choose from, most punters have kept it simple when wagering on Euro 2024. 
 
Most UK betting sites claim markets such as match winners and total goals attracted the most interest during the first half of the tournament. 
 
This indicates that bettors favour simple wagers rather than attempting to land multi-faceted bets such as Bet Builders or accumulators. 

Spain’s Odds Slashed After Victory Over Germany

Spain’s 2-1 extra-time victory over Germany in their quarter-final forced the sportsbooks on this list of UK betting sites to slash their Euro 2024 odds. 
 
They were priced at 7/2 before kick-off, but are now as short as 7/4 with some bookmakers. They play 9/4 shots France in the semi-final. 
 
Spain have yet to lose a game at the tournament, but may find it difficult to break down a French side that has kept four clean sheets in five games.