Eurovision 2026 Betting Sites: Eurovision Odds

I’ve been betting on Eurovision for ten years. Ten years of joy, of throwing my hands up to my head, of shouting at the TV — and of learning, often the hard way, how the most fascinating betting market in entertainment really works, and how the Eurovision Odds driving it move from January onwards.

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 fluff, no generic filler articles, just the passion and experience of someone who puts her own money on the line every May.

This is my most complete guide to date. We’re going to talk about Eurovision betting, the best Eurovision betting sites I’ve personally tried, what happened in Basel 2025 and how it changed our perspective, the 35 participants for Vienna 2026, the current odds, the new voting rules, and the strategies I use to try (and sometimes manage) to squeeze profit out of Europe’s most unique 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 entered the 17 May final as the 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. An outcome no one 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 odds of 9/4. No 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 still missed out. Those of us who bet on his qualification lost. A stark reminder that in Eurovision nothing is guaranteed.

Israel finished second with 357 points. Here’s the kicker: it won the televote with 297 points but got only 60 from the jury. Tommy Cash (Estonia) fell just one point short of Israel with 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. 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 most striking aspect this year: five countries are boycotting the contest due to 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 figure since 2003. Spain stepping out removes a historic source of televote support for Romania. The absence of the Netherlands and Ireland also shrinks the contest’s reach.

The 35 participants and updated odds

Here’s the full ranking according to the bookmakers as of today. 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, live-updated table in the odds section at the top of this page.

Composite odds gathered from Eurovisionworld, Oddschecker and Betsson. These odds change daily and will swing dramatically during rehearsal week in May.

Eurovision Odds: how to read and understand the odds

If you’ve 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 you’ll win if you’re right.

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

Fractional (UK) odds — Popular in the UK. Decimal 2.70 is equivalent to 17/10. For every £10 staked you win £17 plus your stake returned.

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

How do the Eurovision Odds move throughout the year?

Phase 1 (Sept–January): Only “outright winner” markets. Odds based on history and reputation. Sweden always starts short due to its recent dominance.

Phase 2 (Feb–March): When countries pick artists and reveal songs, prices move sharply. The biggest move in 2026 was France, jumping five places in a single day after unveiling 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. Odds move more in these 5–6 days than in the previous 4 months combined. A stunning rehearsal can halve a country’s price.

Phase 5 (post-semis and final): The last 48 hours. Here I use Betfair Exchange to trade and lock profits or cut losses.

My 5 favourite bets for Vienna (personal opinion)

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

1. Finland (odds ~2.70) — «Liekinheitin» is a song that gets in your head and won’t let go. Linda Lampenius has 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 shot up five places in a day. France typically scores well with juries and has direct access to the final. If the staging delivers, this is my pick for the podium.

3. Denmark (odds ~7.50) — «Før vi går hjem» is an atmospheric Danish ballad with huge jury potential. Denmark hasn’t won since 2013 and there’s hunger for 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 and diaspora voting.

5. Italy, Sal Da Vinci (odds ~36.00) — My speculative shot. «Per sempre sì» has gone viral on TikTok. At 36.00, 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

🇲🇹Malta at Eurovision 2026

Malta sends Aidan with «Bella» to Eurovision 2026.

Aidan won MESC 2026, the country’s national selection, before heading to the contest.

Current odds place Malta at #14 in the ranking, with an average price of 73.40 and an implied probability of 1%.

This is what «Bella» sounds like:

The 10 Eurovision bookmakers I’ve analysed in depth

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

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

Definitive comparison: the 10 sites 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 I decide where to place each bet:

Which one do I pick for my profile?

If you’re a beginner and want to start small: 22bet. With just a €1 minimum deposit and 5x rollover, it’s the most accessible entry door. 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 100% up to €200, or Nitrobet if you bet with crypto (equivalent to ~€600).

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

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

Are Eurovision bets legal in Malta?

Yes, betting on Eurovision is completely legal in Malta, as long as you do it through bookmakers licensed by the MGA (Malta Gaming Authority). The MGA is the national authority that regulates all online gambling activities in Malta.

MGA-licensed bookmakers that tend to cover Eurovision include names like bet365, Betfair, Betsson, LeoVegas, Unibet and Paf, among others.

And what about international betting sites without an MGA licence?

The ten betting sites I’ve analysed in this article operate with international licences, mostly from Curaçao eGaming, except for BetRebels which holds a Malta (MGA) licence. These sites do not hold an MGA licence for the Maltese market and are technically not authorised to offer services to residents of Malta.

Types of Eurovision bets available

Many people think Eurovision betting is just “who wins?”. Far from it. Eurovision markets are surprisingly rich:

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

Top 3, Top 5, Top 10 — Lower risk than outright winner. If you think Finland makes the podium but aren’t sure it wins, a Top 3 bet 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 predict the overall winner.

Last place / Nul Points — Betting on who comes bottom. Usually very volatile but fun.

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: Pick your bookmaker. Compare at least 2–3 before deciding. Check the ten sites I reviewed above.

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

Step 3: Deposit funds. My advice: start with a moderate amount. You don’t need €500 for Eurovision; €20–50 is enough to diversify 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 the stake, review the bet slip and confirm.

Step 6: Follow the contest and manage your position. During rehearsal week decide whether to keep your bet, use cash out to lock partial profits, or reinforce with new bets.

New voting rules for 2026: how they affect your bets

What does this mean for your bets? In my view, the changes favour “balanced” favourites, those that land well with both jury and public. Finland and France fit this profile.

My real strategies for betting on Eurovision

After ten years and plenty of euros invested, 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 correctly predict between 7 and 9 of the 10 qualifiers in each semi. But there are always 1–2 shocks.

Odds are a very reliable tool to identify the leading pack (top 5–8), but within that group, nailing 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 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 is weakened. And with Ireland out, the United Kingdom loses a historically friendly source of votes.

As for the Big Four, their historical performance is middling. Only Germany (2010) and Italy (2021) have won since automatic qualification began. France has been improving and finished seventh in 2025. In 2026, with Monroe as its act, France is my most solid Big Four bet.

Frequently asked questions about Eurovision betting

Conclusions and my personal bet 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 it to win just to make a 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: don’t bet more than you can afford to lose. Eurovision is unpredictable by nature. Betting is an ingredient that intensifies the experience, not a path to riches.

See you in Vienna. My slips are already printed.

Jessica Rodríguez, March 2026