UEFA European Soccer Championship Betting Guide For 2023
Open only to European squads and taking place every four years, the Euro soccer tournament is one of the world's largest sporting events. While it's not as large as the World Cup by any stretch, it's right behind the WC in terms of popularity. Perhaps one of the reasons that the Euro tournament isn't as big is because, as the name suggests, only European teams can compete in this tournament - no teams from the Americas, Asia, Australia, etc.
European Championship betting online can be done at any time, even during a year when the tournament is not occurring. If you're one of the many Americans who want to bet on the European Championship but have questions about its legality and the overall betting process, we hope to clear things up for you here on USA Sportsbook Sites.
Best Online Sportsbook Offering UEFA Soccer Betting Odds In 2023
Bovada is one of the largest and most respected sportsbooks in the industry that caters exclusively to the US market. Whether you're looking for the best bonuses, the most robust software, or the widest variety of betting lines for the Euro Cup, Bovada is where they can be found.
Soccer betting lines, Euro Cup futures, prop bets, and game lines are delivered for each match and can be wagered upon in their sportsbook 24 hours a day by gamblers aged 18 and up in the United States.
New players can claim an incredible 50% match bonus up to $1,000 on their first deposit to the site.
Top Rated US Online Sportsbooks To Bet On European Championship In 2023
Five Betting Tips to Keep in Mind for Euro 2023
1: Do Not Bet on the Earliest Stages
The group stages are typically exciting and they typically contain a lot of action, but this is simply the initial stages, more or less like qualifying. You cannot tell, in most cases, which teams are the best of the best until they've made it to the knockout stage. Only in instances where you find a favorite like Germany or Spain playing against much weaker competition should you bet here. The safest way to approach the betting is to let the field sort itself out and for the stronger teams to emerge. This gives you a much better gauge concerning which teams are the toughest.
2: Never Risk Too Much Money
For many of you who are first signing up with a sportsbook, you may put in $100 or so, and you may decide to risk that all on your initial bet(s). This is actually the top reason that people quit betting. They bet all their money to start, they lose that money, and they walk away from betting. This isn't how you should go about things. Try to keep your bets small. $10 for every $100 you have in your stack would be our recommendation. This way a loss, which is inevitable, never stings very badly, while every win is at least a double-up if you're betting basic soccer odds (note: Soccer odds are almost always typically favorable, +110 and higher).
3: Please, Pick A Reputable Site By Following Our Recommendations
The bets you place are only solid if you're betting with the right site. This is why we recommend that you choose the sites we have listed on our site here before you sign up and make a bet. Not that many sites are scams or anything, but a lot of sub-par sites do have poor odds and you may encounter issues when you go to collect payment. Not to even mention that these low-brow sites don't offer props, live bets, good futures or other betting varieties. So to ensure the best user experience, go with a site we have deemed suitable. We've broken these sites down into several categories including the most trusted USA online sportsbooks and the best overall sites.
4: Understand the Game
Understand how soccer is played before you bet. Understand that the games are low-scoring and how the ebb and flow works. Understand the rosters and the importance of some players, and keep your eyes on injury reports and player information. You don't have to be an expert to win money by any stretch, but the more you know about the game, the better your odds of winning become. Take some time to learn about the tournament structure as well, and how group stages put forth the best teams so that the knockout stage just rolls right along.
5: Be Analytical
Let's say you're a huge fan of Italian soccer so you're rooting for Italy, and they're playing against Germany. Germany is the favorite with a line of -150, while Italy is the dog with a line at +500. While it is true that betting, say, $100 on Italy would net you $500, you have to consider the long-shot odds, and maybe understand that clearing $50 by betting on Germany is a far better bet. It might pain you as a fan, but what is your goal here? Do you want to win money or do you want your favorite team to win? Unfortunately, most people can't have both.
Understanding The Structure of the European Championship 2023 Soccer Tournament
Until very recently, this year in fact, the UEFA European Championship (Euro) only had 16 teams. This year, however, the tourney has jumped to 24 teams, and eight more teams now get to vie for the European title. Like the Olympics or World Cup, this Euro tournament is held every four years. Only unlike these events, only European teams can qualify to play. Of the 24 teams to qualify, you have teams like Austria, Croatia, France, Germany, Hungary, Iceland, Ireland, Poland, and many more. Most of these teams qualified over a year ago by playing group matches, while France actually got its bid because it is the host nation.
The actual structure of the tournament has six groups of four teams each. Within these groups, each team will play every team, for a total of three inter-group games. The top two teams from each group will advance, along with a few others who did the best in the tournament's opening rounds, for a total of 16 teams put through to the knockout stage. Once the knockout stage starts, no ties are allowed and teams either win and advance or lose and go home. Over the course of one full month, these teams are whittled away until two teams via for a winner takes all championship. To avoid ties, which are only allowed in the group rounds, two 15-minute extra periods are played. And if that's not enough, a penalty shot round will be played.
Favorites And Odds Of The UEFA Euro 2023 Tournament
It may seem early to pinpoint a favorite to win the UEFA, but avid bettors know that it is never too early to begin strategizing. The World Cup will be an interesting marker for potential success at the tournament. While some players may not feature for their country in both tournaments, the majority of younger players will. Also, bear in mind that the Euro tournament strictly includes European countries.
The 2023 Euro tournament will be different than years past, which could factor in making predictions. The tournament will be celebrating its 60th anniversary and instead of isolating the tournament to one country, games will be played throughout 12 separate European countries. This format provides a lot more opportunities for home-field advantage. Games will be held in:
- Munich (Germany) – 3 group stage matches and a quarterfinal
- Baku (Azerbaijan) – 3 group stage matches and a quarterfinal
- Rome (Italy) – 3 group stage matches and a quarterfinal
- Petersburg (Russia) – 3 group stage matches and a quarterfinal
- Copenhagen (Denmark) – 3 group stage matches and a round of 16 match
- Budapest (Hungary) – 3 group stage matches and a round of 16 match
- Amsterdam (Netherlands) – 3 group stage matches and a round of 16 match
- Dublin (Republic of Ireland) – 3 group stage matches and a round of 16 match
- Bucharest (Romania) – 3 group stage matches and a round of 16 match
- Glasgow (Scotland) – 3 group stage matches and a round of 16 match
- Bilbao (Spain) – 3 group stage matches and a round of 16 match
- London (England) – 3 group stage matches and a round of 16 match, semi-finals and final
As far as predictions, we expect the usual suspects to make a run for the title. Portugal are the defending champions, though whether or not Cristiano Ronaldo is still playing international soccer will be a deciding factor of retaining their title. We predict the following teams will have the best odds of winning the UEFA Euro 2023:
Quick Explanation On The Legalities Of Betting On The Euro Cup In The United States In 2023
Let us just start with the big matzah ball hanging here and state that, unequivocally, it is legal for you to bet online as an American. The confusion comes by way of it actually being illegal to be the one hosting these bets. In other words, if you wanted to create your own sportsbook site, you would be in the business of accepting money for gambling wagers, and this would be against federal law and most state laws.
However, if you simply want to bet your own money on a sportsbook, this is no different than going to the store to purchase a lottery ticket in the eyes of the government. A potentially long story summed up shortly, you are allowed to bet with online sportsbooks. Our legal USA online sports betting guide goes into greater detail if you want to learn more about the regulations.
The question then becomes, of course, how to find these online sportsbooks. You will likely need to find what is called an offshore site. An offshore sportsbook is simply a site that's set up outside of the United States and thus is not subject to any sort of rules or regulations.
Though seeing as there are many offshore sites, not all of them are the best option for your money. You wouldn't want to risk things by going with a shoddy site. So this is why we're going to help you through the process of selecting the right site.
Helping You Land on the Right Sportsbook That Is Trustworthy For US Players
Not only does the sportsbook you choose have to offer you plenty of Euro betting options, but it also has to freely accept US-based players, has great security, and hopefully offer you lucrative bonuses on top of fair-play.
What we recommend to you here is that you actually follow our recommendations for the right sportsbook to choose. We're not talking these sites up with fluffy rhetoric and a dozen exclamation points in 20-pt font. We are gamblers ourselves here, and so we understand the need for a solid, trustworthy site.
Understanding this need, we have gone and have tested and tried a wide variety of sportsbooks out there, books that are friendly to a US audience. We have tested their security, looked at their bonuses, found out about their line offerings, and much more. Then we have taken the best of the best and have constructed impartial, accurate, thorough reviews about them, reviews you can find right here on this site.
We urge you to sign up with a site we have reviewed rather than testing the waters yourself through trial and error. The first step in the betting process for UEFA is finding a winning site on which to bet.