I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Italy are now the 7/1 third favourites to win Eurovision this year
- Ukraine remain the betting favourites for this year's Eurovision Song Contest
- Mel Giedroyc is one of the favourites for the Eurovision 2023 host betting at 2/1
Italy are now the 7/1 third favourites to win Eurovision this year
Betting continues for this year's Eurovision Song Contest with bookies moving Italy into third favourite to win after a busy week for their Eurovision hopes.
Italy hosted their Sanremo 2023 Festival last week with Marco Mengoni winning the chance to represent his country again at Eurovision.
This instantly caused bookmakers to move their odds down with William Hill making Italy just 7/1 to win this year's Eurovision making them the new third favourites in the market.
| Eurovision Song Contest 2023 winner | Odds | Probability |
|---|---|---|
| Ukraine | 6/4 | 40.0% |
| Sweden | 11/2 | 15.4% |
| Italy | 7/1 | 12.5% |
| Finland | 8/1 | 11.1% |
| Czech Republic
|
8/1 | 11.1% |
| Norway | 8/1 | 11.1% |
Despite hosting the event in Liverpool this year the UK don't even feature towards the top of the betting anymore with their odds drifting out to 12/1 to win.
The UK's candidate hasn't been announced yet but we should know who will be their entrant in the next few weeks.
Ukraine remain the betting favourites for this year's Eurovision Song Contest
Ukraine are still the outright favourites to win Eurovision as they have been since the betting market was introduced after last year's winning performance.
Their odds have moved in from the 11/4 that they were last week to just 6/4 now with a 40% chance of winning the Song Contest according to the market.
The country's inability to host the Song Contest due to the ongoing conflict with Russia means that the United Kingdom will host the award show.
"Heart of Steel" performed by Tvorchi will be Ukraine's entrant to this year's Song Contest with the country looking to win it for the second year in a row.
Eurovision Song Contest Betting: Predictions, Tips and Insights for the 2026 Show in Austria
Mel Giedroyc is one of the favourites for the Eurovision 2023 host betting at 2/1
Mel Giedroyc was the latest addition to the Eurovision Song Contest 2023 Host betting market back in December with bookies linking her to the event.
Giedroyc has previous with Eurovision after hosting the 'You Decide' event for the 2019 UK entrant as well as winning the 2020 Isolation Song Contest during lockdown.
Smarkets odds in December gave her a 33.3% chance of hosting next year's Eurovision with numerous hosts expected for the event.
| Eurovision 2023 Host | Odds | Probability |
|---|---|---|
| Timur Miroshnychenko
|
4/5 | 55.6% |
| Rylan Clark | 6/5 | 45.5% |
| Graham Norton | 6/5 | 45.5% |
| Mel Giedroyc
|
2/1 | 33.3% |
| Jamala | 7/2 | 22.2% |
