As anticipation builds for the world’s biggest song contest this spring, the 2026 Eurovision betting odds are finally on the board. Early lines point to a wide-open market, with only a slim margin separating the main contenders.
In this betting preview, I break down the opening winner odds, analyze the leading favorites, key dark horses, and share my early Eurovision 2026 predictions for bettors looking to find value before the market fully settles.
Eurovision 2026 Winner Odds
The following betting odds for Eurovision are courtesy of BetUS:
| COUNTRY | ODDS |
|---|---|
| Israel | +300 |
| Finland | +350 |
| Greece | +400 |
| Sweden | +800 |
| Ukraine | +800 |
| Bulgaria | +1000 |
| Malta | +1200 |
| Belgium | +1200 |
| Italy | +1200 |
| France | +1400 |
| Cyprus | +1400 |
Israel (+300) opened as the betting favorite to win Eurovision 2026, and their odds have held strong over the last month. They are looking at winning their first title since 2018 and fifth overall. According to top Eurovision betting sites, Israel has a 25% implied probability to win, per their odds at +300. That’s the same price as in early February, so Israel is holding strong in the pre-season markets.
Finland (+350), a one-time Eurovision winner thanks to Lordi’s 2006 victory, currently holds the second-best odds to claim the glass microphone in Vienna. Those +350 odds give the Finns a 16.7% implied chance of securing a second title, roughly 20 years after their first. Greece (+400) is close behind, rounding out the top three contenders.
Both Finland and Greece have seen their Eurovision winner odds improve over the past month. Finland’s price has shortened from +500 to +350, shifting its implied probability from 16.7% to 22.2%. Greece has also gained momentum, moving from +600 to +400, with its chances rising from 14.3% to 20%.
Greece has also won the Grand Final once, taking the title in 2005, one year before Finland’s breakthrough. Meanwhile, Eurovision powerhouse Sweden (+800) sits within striking distance as of mid-February but is tied with Ukraine (+800) for the fourth-best odds. Despite boasting seven championships, Sweden still trails the top three on the betting board.
You can find up-to-date Eurovision 2026 odds at BetUS by navigating to Sportsbook > Entertainment > Music Futures > Eurovision.
Past Eurovision Song Contest Winners
There has been a variety of nations represented in the winner’s circle over the last decade. Sweden and Ukraine each won two titles as the only repeat winners since 2015. Historically, Sweden and Ireland hold the most Eurovision titles with seven apiece.
In 2025, JJ outlasted the field with his song “Wasted Love,” securing Austria’s third Eurovision title. Austria’s odds shortened steadily over the year, and JJ ultimately went off as the second favorite behind Sweden at +350.
That’s a stark contrast to 2023, when pop star Loreen was a heavy favorite and duly delivered for Sweden. Now, Sweden sits at +700, still a threat, but far from the dominant favorite it once was.
This year, the last two champions aren’t near the top of the betting board. Austria is priced at +2200 to repeat, while Switzerland is an even bigger longshot at +2800.
| YEAR | ARTIST/SONG | COUNTRY |
|---|---|---|
| 2025 | JJ “Wasted Love” | Austria |
| 2024 | Nemo “The Code” | Switzerland |
| 2023 | Loreen “Tattoo” | Sweden |
| 2022 | Kalush Orchestra “Stefania” | Ukraine |
| 2021 | Maneskin “Zitti e buoni” | Italy |
| 2020 | Canceled | Canceled |
| 2019 | Duncan Laurence “Arcade” | Netherlands |
| 2018 | Netta “Toy” | Israel |
| 2017 | Salvador Sobral “Amar Pelos Dois” | Portugal |
| 2016 | Jamala “1944” | Ukraine |
| 2015 | Mans Zelmerlow “Heroes” | Sweden |
Eurovision 2026 Betting Favorites
Before delving into our top 2026 Eurovision picks, let’s analyze the top three favorites. These odds are subject to change as we inch closer to May, so continue to check back to see if there are new favorites at offshore sportsbooks.
Israel (+300)
Five countries are boycotting Eurovision 2026 due to Israel’s participation. That includes Ireland, Spain, Iceland, Slovenia, and the Netherlands. Nevertheless, it hasn’t stopped oddsmakers and the betting public from favoring Israel.
Israel announced that 27-year-old Noam Bettan will represent their country at the Eurovision Song Contest 2026. The singer-songwriter is best known as the winner of 2025-26 HaKokhav HaBa, and therefore becoming Israel’s performer this year.
His career is relatively new, with Bettan releasing his first album in 2021. He instantly gained attention, as Bettan had a few singles that reached the radio charts. In 2023, Bettan’s climb continued with “Buba” rising to No. 3 on Galgaltz.
Bettan will reveal his Eurovision song in early March. He released two singles in 2025, “Madame” and “Sheva Dakot Be-Gan Eden”, and either could plausibly be the entry, but most likely another unreleased single. While he’s a talented singer and should attract some support, I’m not convinced his televote will be strong enough to justify backing the current favorite.
Recent contests have also underlined how decisive staging can be. JJ separated himself from the field and delivered Austria the win, largely thanks to standout staging. Bettan still has time to refine his performance, but I expect other acts to command more of the spotlight on the night.
With questions around both his televote ceiling and staging impact, I expect Bettan to fall just short. At +300, I’m not willing to back Israel as the favorite.
Finland (+350)
Scandinavian performers have been well-represented in the Eurovision Song Contest over the years. Finland’s rival Sweden has been one of the dominant nations, but it comes as a surprise that the Finns haven’t won since 2006.
In an expected result in the UMK 2026 finals, Linda Lampenius x Pete Parkkonen won to advance to Eurovision 2026. It was a competitive contest, but they were by far the most Eurovision-ready act for Finland. Oddsmakers reacted favorably to their win, as Finland’s Eurovision 2026 winner odds improved from +500 to +350.
Lampenius is a classical violinist, while Parkkonen is a pop singer who finished third on Finnish Idol in 2009. He turned that appearance into a record deal with Sony BMG and went on to release several successful singles. Their performance includes full staging with props and special effects. It should translate well to the Eurovision stage in Vienna.
In 2026, Parkkonen reached a new peak in his career alongside Lampenius. Their single “Liekinheitin” is currently No. 1 on the Finnish charts and looks well-suited for a Eurovision performance.
Finland had a few talented acts that would have done well at Eurovision 2026, so it was a good problem to have. However, the staging sets them ahead of the rest, and possibly the entire Eurovision field.
With that in mind, Finland has to be considered one of the best Eurovision 2026 betting picks at +350.
Greece (+400)
Greece hasn’t made a huge impact on the Eurovision stage in over two decades, but Akylas has a solid opportunity to put them back on the map. There is plenty of hype surrounding Akylas and his potential to lead Greece to Eurovision glory in 2026.
He is one of the most interesting performers and will be sure to garner plenty of attention and online discussion. Akylas is a high-energy act that promises to have a strong stage presence. However, how much will “Ferto” appeal to a wide audience?
The 26-year-old pop artist rose to prominence after winning the National Final and going viral on TikTok across Europe. While his style has clearly connected with younger audiences, many viewers still may not “get it” and will likely gravitate toward a more traditional performer with a stronger emphasis on staging.
Greece is finally back in the conversation, but Finland offers significantly more upside. Akylas has the profile to go deep in the contest, as his younger fanbase should drive a strong televote. Bettors have agreed recently, with Greece’s odds to win Eurovision improving over the last month.
However, without much appeal to casual viewers, he’s unlikely to attract enough broad public support to be a serious contender for the win, so it’s worth looking elsewhere for your Eurovision winner pick.
Best Eurovision 2026 Longshot Bets
In addition to the favorites, there are a couple of underdogs worth keeping in mind for your Eurovision 2026 predictions and picks. These two selections include a ton of betting, so we suggest considering them for your best Eurovision bets at great odds:
Eurovision 2026 Predictions and Betting Pick
For my Eurovision winner prediction, I am isolating Finland as my top bet. They have gone 20 years without taking the crown and expect Finland to leave no stone unturned in their prep work.
Last year, I bet on Austria in the pre-show markets after JJ dazzled with his staging. I’m confident Finland will succeed in nailing their staging. The possibilities are numerous, especially if Lampenius and Parkkonen get the call for Finland.
In early February, I made my first Eurovision pick on Finland to win at +500. While you aren’t going to find that price now, Finland’s odds will likely shorten more, so there is still value on the board at +350 to win Eurovision 2026.
Where to Bet on Eurovision 2026 Odds?
You don’t have to wait for the Grand Final to place your bets on Eurovision 2026! The odds for Eurovision are currently available on offshore sportsbooks. For our top recommendation for Eurovision betting, we suggest highly-rated BetUS to place your bets.
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