I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Sweden now backed into 5/4 to win this year's Eurovision Song Contest
- Ukraine drift to second favourites for this year's Eurovision with Tvorchi representing their country
- The United Kingdom have drifted in the market and have yet to announce their entrant
Sweden now backed into 5/4 to win this year's Eurovision Song Contest
Sweden are the new favourites for this year's Eurovision Song Contest with bookies moving them into 5/4 to win the event in May ahead of their Melodifestivalen event.
Melodifestivalen will choose who will represent Sweden at the Song Contest and former winner Loreen looking like representing her country again.
Loreen's performance in Heat 4 of Melodifestivalen put her straight into next week's final of the show and tied in with Paddy Power slashing Sweden's odds of winning.
| Eurovision Song Contest 2023 winner | Odds | Probability |
|---|---|---|
| Sweden
|
5/4 | 44.4% |
| Ukraine | 7/2 | 22.2% |
| Finland | 11/2 | 15.4% |
| United Kingdom | 11/1 | 8.3% |
| Norway | 16/1 | 5.9% |
| Czech Republic
|
20/1 | 4.8% |
Italy are the biggest market movers for all the wrong reasons with them moving from 11/2 out to as big as 40/1 to win Eurovision this year.
Finland have been backed in to third favourites with Kaarija chosen to represent the country with the song Cha Cha Cha.
Ukraine drift to second favourites for this year's Eurovision with Tvorchi representing their country
Ukraine were long the favourites for the Eurovision Song Contest but have since drifted in the betting market in recent weeks.
Sweden's popularity is the reason for the drift but bookmakers now give the country a 22% chance of winning their second Eurovision in a row.
Ukraine were expected to host Eurovision following their win but due to the ongoing conflict in the country the show will be hosted in second place entry United Kingdom.
Eurovision Song Contest Betting: Predictions, Tips and Insights for the 2026 Show in Austria
The United Kingdom have drifted in the market and have yet to announce their entrant
Hosts United Kingdom were one of the early favourites to win Eurovision this year but have also drifted in the market like Ukraine in the past month.
This may well be due to the fact that the UK have yet to announce their entrant for the show with many other countries already announcing who will represent them.
With the act not yet announced for the UK bookmakers now make them 11/1 to win Eurovision with just an 8% chance of doing so.
Graham Norton host the final of the Eurovision Song Contest 2023 alongside Alesha Dixon, Hannah Waddingham and Julia Sanina.
