Eurovision 2026 Bookmakers: Eurovision Odds

I’ve been betting on Eurovision for ten years. Ten years of joy, head‑in‑hands moments, yelling at the TV, and learning—often the hard way—how the most fascinating betting market in entertainment really works. I’m not a cold data analyst: I’m someone who gets emotional with every song, scrutinises every rehearsal down to the last detail, and keeps an obsessive spreadsheet where I log every odds move from January. If you’re here for Eurovision Odds, you’re in the right place.

My name is Jessica Rodríguez, I was an amateur singer for years and that world led me to Eurovision. First as a fan, then as a bettor. Today I want to share everything I know with you, no hedging, no generic filler articles—just the passion and experience of someone who puts her own money on the line every May.

This article is my most complete guide to date. We’re going to talk about Eurovision betting, about the best Eurovision betting sites I’ve personally tried, about what happened in Basel 2025 and how it changed our perspective, about the 35 participants for Vienna 2026, the current odds, the new voting rules, and the strategies I use to try (and sometimes manage) to make a profit from Europe’s most singular festival.

What Basel 2025 taught us about betting on Eurovision

If you only read one paragraph of this article, make it this one: the betting favourite doesn’t always win. And Basel was the ultimate proof.

Sweden went into the 17 May final as a runaway favourite. KAJ, with «Bara Bada Bastu», was priced around 4/5 (an implied probability of 56%). Everyone was talking about them. Social media was flooded with memes and the song was a total party. The result? Fourth with 321 points. A result nobody expected.

And who won? JJ, an Austrian–Filipino countertenor who sings at the Vienna State Opera, with «Wasted Love». He scored 436 points: 258 from the jury and 178 from the televote. He was second favourite at 9/4. It wasn’t a miracle: it was exactly what many experienced bettors saw coming.

But the biggest shock of the night was Belgium’s elimination in semi‑final 1. Red Sebastian was 1/9 to qualify (a 91% implied probability) and missed out. Those of us who backed him to qualify lost the bet. A stark reminder that nothing is guaranteed in Eurovision.

Israel finished second with 357 points. Here’s the kicker: it won the televote with 297 points but got just 60 from the jury. Tommy Cash (Estonia) finished a single point behind Israel on 356. And Switzerland, the host country, received zero points from the televote. Zero. The contest is unforgiving.

Eurovision 2026 in Vienna: the full picture

The 70th Eurovision Song Contest will be held at the Wiener Stadthalle in Vienna, Austria. The key dates are 12 May (first semi‑final), 14 May (second semi‑final) and 16 May (the Grand Final). The hosts will be Victoria Swarovski and Michael Ostrowski.

The headline of this edition: five countries are boycotting the contest over Israel’s inclusion. Iceland, Ireland, the Netherlands, Slovenia and Spain have withdrawn. Spain was part of the «Big Five», which now becomes a «Big Four» (France, Germany, Italy and the United Kingdom) with direct access to the final.

This has direct consequences for betting. There are 35 participating countries, the lowest number since 2003. Spain’s absence removes a historical source of televote for Romania. Without the Netherlands and Ireland, the field feels smaller.

All 35 participants and updated odds

Here’s the full ranking according to today’s bookmakers. These prices are a composite from major European books (Betsson, bet365, William Hill, Ladbrokes, Unibet, Betfair Exchange, bwin and more). You can see the full, always‑up‑to‑date table in the odds section at the top of this page.

Composite odds collected from Eurovisionworld, Oddschecker and Betsson. These lines move daily and will swing dramatically during rehearsal week in May.

Eurovision Odds: how to read and understand odds

If you searched «Eurovision odds» on Google, you’re probably seeing numbers like 2.70, 6.00 or 15.00 next to each country and wondering what they mean. Odds are simply how bookmakers express the probability of something happening—and how much money you’ll win if you’re right.

Decimal odds (European) — The most common format in Europe. If Finland is 2.70, for every €1 you stake you’ll receive €2.70 if they win. To convert to implied probability: 1/2.70 = 37%. But books include their margin (overround), so the true probability is a bit lower.

Fractional odds (British) — Widely used in the UK. The 2.70 decimal line is equivalent to 17/10. For every £10 staked you win £17 plus your stake back.

American odds (moneyline) — Finland at 2.70 decimal would be +170 in American format (you win $170 for every $100 staked).

How do Eurovision Odds move throughout the year?

Phase 1 (Sept–January): Only «outright winner» markets. Odds based on history and reputation. Sweden always starts short because of its recent dominance.

Phase 2 (Feb–March): When countries pick artists and reveal songs, odds swing sharply. The biggest move of 2026 was France, jumping five places in a single day after announcing Monroe.

Phase 3 (April): A relatively calm period. It’s my favourite window to bet because prices haven’t yet reacted to the «live performance» factor.

Phase 4 (May, rehearsal week): THE KEY MOMENT. Prices move more in these 5–6 days than in the previous 4 months combined. A killer rehearsal can halve a country’s odds.

Phase 5 (post‑semis and final): The last 48 hours. I use Betfair Exchange here to trade and lock in profit or reduce losses.

My 5 favourite bets for Vienna (personal opinion)

Heads‑up: this is my personal opinion, not financial advice. Always bet with your head and only money you can afford to lose.

1. Finland (odds ~2.70) — «Liekinheitin» is a song that gets in your ear and doesn’t let go. Linda Lampenius has stage presence to spare and singing in Finnish adds an authenticity factor that historically works. She’s the clear favourite, but at 2.70 there’s still value.

2. France (odds ~6.00) — Monroe burst in with «Regarde !» and climbed five places in a day. France typically scores well with juries and is straight through to the final. If the staging lands, she’s my podium pick.

3. Denmark (odds ~7.50) — «Før vi går hjem» is an atmospheric Danish ballad with big jury upside. Denmark hasn’t won since 2013 and there’s hunger for a victory. At 7.50 it’s my value bet.

4. Greece (odds ~10.00) — Akylas with «Ferto» connects with both televote and jury. Greece historically benefits from Cypriot support and a strong diaspora.

5. Italy, Sal Da Vinci (odds ~36.00) — My long shot. «Per sempre sì» has gone viral on TikTok. At 36s, even a small stake can pay handsomely.

«The bookmakers’ favourite only wins Eurovision about half the time. The other half is pure adrenaline.»

Your country at Eurovision 2026

🇦🇺Australia at Eurovision 2026

Australia sends Delta Goodrem with «Eclipse» to Eurovision 2026.

Delta Goodrem was selected directly by the country’s public broadcaster to represent it at Eurovision 2026.

Current odds place Australia at #5 in the ranking, with an average price of 9.17 and an implied probability of 9%.

Here’s what «Eclipse» sounds like:

The 10 Eurovision bookmakers I’ve analysed in depth

Over the years I’ve tried dozens of bookmakers for Eurovision. Here’s my detailed breakdown of the ten I use the most, including three I consider essential: 22bet, Ivibet and BetLabel.

One important note: these sites operate under Curaçao or Malta licences and target the international market. Always check the legality in your country before signing up.

The ultimate comparison: the 10 bookmakers head-to-head

I’ve condensed the most important features of the ten sites into a quick comparison table. This is what I look at when deciding where to place each bet:

Which one should I pick for my profile?

If you’re a beginner and want to start small: 22bet. With just a €1 minimum deposit and a 5x rollover, it’s the most accessible entry point. Plus, its Eurovision market coverage is the widest.

If you prioritise regulatory safety: BetRebels. It’s the only one on my list with a Malta Gaming Authority licence.

If you want the best cash bonus: Vegasino with its 100% up to €200, or Nitrobet if you bet in crypto (equivalent to ~€600).

If you want the lowest rollover: Wazamba at 3x is unbeatable. It means with a €100 deposit and a €100 bonus, you only need to wager €600 total.

If you bet with cryptocurrencies: 22bet (25+ coins) or Nitrobet (crypto‑focused with fast withdrawals).

Are Eurovision bets legal in Australia?

Yes, betting on Eurovision is completely legal in Australia, as long as you do it through bookmakers licensed in Australia by state and territory regulators (most commonly the Northern Territory Racing Commission) and operating under the federal Interactive Gambling Act 2001, enforced by the Australian Communications and Media Authority (ACMA).

Australian‑licensed bookmakers that usually cover Eurovision include brands like Sportsbet, bet365, Betfair, Ladbrokes, Neds, TAB, Unibet, PointsBet, BlueBet, Palmerbet and PlayUp, among others.

What about international bookmakers without an Australian licence?

The ten bookmakers I’ve reviewed in this article operate with international licences, mostly from Curaçao eGaming, with the exception of BetRebels which holds a Malta (MGA) licence. These sites do not have an Australian licence and are not authorised to offer services to Australian residents. ACMA regularly requests internet providers to block illegal gambling sites.

Types of Eurovision bets available

Many people think Eurovision betting is limited to «who wins?». Nothing could be further from the truth. Eurovision markets are surprisingly rich:

Outright winner — The flagship market. It opens months before the contest and prices move constantly. This is where I put most of my bankroll.

Top 3, Top 5, Top 10 — Lower risk than the outright. If you think Finland makes the podium but aren’t sure it wins, backing a top‑3 finish reduces your risk considerably.

Semi‑final qualification — Books get 75–80% of qualifiers right, but there are always 1–2 surprises (remember Belgium in 2025).

Head‑to‑head — Who finishes higher, Finland or France? These markets remove the need to pick the overall winner.

Last place / Nul Points — Backing who’ll finish bottom. Usually a very volatile but fun market.

Jury winner vs. televote winner — Separate markets for each component. In 2025, JJ won the jury and Israel won the televote.

Top Big Four, top Nordic, top Balkan — Regional bets that offer value when you have specific regional insight.

How to bet on Eurovision step by step

If you’ve never bet on Eurovision and want to start with Vienna 2026, here are the steps you need to follow:

Step 1: Choose your bookmaker. Compare at least 2–3 before deciding. Check the ten sites I analysed above.

Step 2: Sign up and verify your account. You’ll need your ID/passport, an email address and a payment method.

Step 3: Deposit funds. My advice: start with a moderate amount. For Eurovision you don’t need €500; with €20–50 you have enough to spread across 3–5 bets.

Step 4: Find the Eurovision markets. Look under «Specials», «Entertainment» or type «Eurovision» in the site’s search bar.

Step 5: Place your bet. Select the country, enter your stake, review the bet slip and confirm.

Step 6: Follow the show and manage your position. During rehearsal week decide whether to keep your bet, use cash out to secure partial profits, or add new positions.

New 2026 voting rules: how they affect your bets

What does this mean for your bets? In my view, the changes favour «balanced» favourites, those who play well with both jury and public. Finland and France fit this profile.

My real strategies for betting on Eurovision

After ten years and a lot of euros staked, these are the strategies that truly work for me:

How accurate are the bookmakers? The truth in numbers

The #1 favourite wins only about half the time in the modern semi‑final era (since 2004). However, 67% of winners come from the top 5 in the odds, and it’s extremely rare for a country outside the top 10 to win.

The most accurate year was 2019: the five pre‑contest favourites all finished in the actual top 5. The least accurate was 2011: France entered as favourite and finished 15th.

For the semi‑finals, accuracy is higher: books get between 7 and 9 of the 10 qualifiers right in each semi. But there are always 1–2 surprises.

Odds are a very reliable tool to identify the pack of favourites (top 5–8), but within that group, picking the exact winner is more about nuance than pure price analysis.

Block voting, the Big Four and the boycott factor

Block voting exists, but it’s more complex than many people think. Four main blocs are usually identified: the Nordic (Sweden–Denmark–Norway–Finland–Iceland), the Balkan (Serbia–Croatia–North Macedonia–Slovenia), the post‑Soviet (Ukraine–Georgia–Armenia–Moldova–Baltics) and the Greece–Cyprus alliance.

For Vienna 2026, the boycott alters these dynamics. With Iceland out, the Nordic bloc loses a member. With Slovenia absent, the Balkan bloc weakens. And with Ireland out, the United Kingdom loses a historically friendly voting source.

As for the Big Four, their historical performance is middling. Only Germany (2010) and Italy (2021) have won since automatic qualification was introduced. France has been improving for years and finished seventh in 2025. In 2026, with Monroe representing them, France is my strongest bet within the Big Four.

Frequently asked questions about Eurovision betting

Conclusions and my personal pick for Vienna

I’ve spent weeks analysing every song, every price, every market move. And here’s my verdict:

Finland is the legitimate favourite, but at 2.70 you need them to win just to profit—and the favourite only wins about half the time. France is my strongest value bet at 6.00 because it combines jury quality with direct access to the final. Denmark at 7.50 is my value play. And Sal Da Vinci at 36.00 is my speculative punt.

But the most important thing I can tell you after ten years betting on Eurovision is: never bet more than you can afford to lose. Eurovision is unpredictable by nature. Betting is a spice that intensifies the experience, not a road to riches.

See you in Vienna. My slips are already printed.

Jessica Rodríguez, March 2026