Eurovision Betting Markets
This is the most straightforward and popular type of Eurovision bet. You choose the country that you believe will score the most points and win the competition. However, winning the contest is not just about having the best song; experienced bettors also take into account political and geographical factors.
If you are confident that your selection will do well, but not necessarily win, you can make an each-way bet. This involves placing two equal stakes, one for your selection to win and the other for it to finish in a high position. The payout for the second stake is a fraction of the win odds, and bookmakers may offer different numbers of places paid. For instance, 10Bet pays out for the top four places at 1/5 the win odds. If your selection wins, you receive both parts of the bet and maximise your return.
Top 5 Finish
This type of bet is quite straightforward: you wager on a selection to finish among the top five in the final leaderboard.
Top 10 Finish
With this bet, you bet on a selection to gather more points than over half of the 26 countries participating in the contest and finish in the top 10.
Top Big 5 Country
This market involves predicting which of the Eurovision’s Big 5 countries (France, Germany, Italy, Spain, and the UK) will perform best and earn the highest points. The Big 5 countries enjoy direct entry into the Eurovision final by contributing the most significant financial contributions to the European Broadcasting Union.
Top Scandinavian/Nordic Country
This type of bet allows you to wager on which Scandinavian or Nordic country (Norway, Finland, Sweden, Denmark, and possibly Iceland) you think will perform the best in the contest. Sweden is the most successful Nordic country, with six total wins, and is likely to be a favourite among many bettors, especially with 2012 champion Loreen returning.
Top Baltic Country
In this market, you bet on which of the three Baltic countries (Estonia, Latvia, and Lithuania) will perform the best. Lithuania is currently the frontrunner in this category, represented by Monika Linkytė’s song ‘Stay.’
Top Balkan Country
If you want to bet on southeastern European countries, you can choose this market and predict which of the six countries (Albania, Croatia, Greece, Romania, Serbia, and Slovenia) you think will perform the best. The bookies’ current favourite is Serbia’s entry, ‘Samo Mi Se Spava’ by Luke Black.
This bet is quite tricky, as it is often difficult to predict which country will finish last in the competition. While some countries, such as the United Kingdom and Germany, have had disappointing results in recent years, Norway holds the record for finishing last the most times – a total of 11.
Country vs. Country
If you want to create a friendly rivalry between two countries, you can make this bet. You choose one country to win over another country, and both selections must compete against each other for the bet to succeed.