Italy odds: To win Euro 2020, how far will they go, top scorer and more

After missing out on the 2018 World Cup, Italy make their triumphant return to the major international tournament scene at Euro 2020 this summer.

Having enjoyed a combined 12 consecutive appearances at World Cups and European Championships between 1994 and 2016 — reaching four finals and winning the 2006 World Cup in the process — the Azzurri were one of the shock casualties of Russia 2018 qualifying, finishing second in their group behind Spain before losing 1-0 to Sweden across two legs in a play-off.

But since then, Roberto Mancini has taken the reigns, setting about revamping and reinventing one of world football’s international powerhouses, easing out the old guard and placing more responsibility on younger talents such as Sandro Tonali and Federico Chiesa.

Italy qualified for this summer’s rescheduled showpiece in immense style, winning all 10 of their games in Group J, scoring 37 goals and conceding just four times along the way. Mancini’s men finished up 12 points clear of Finland in second, while the likes of Greece and Bosnia and Herzegovina didn’t even appear in the rearview mirror.

Combine that with the fact they edged out the Netherlands and Poland to qualify for the Uefa Nations League finals — also going unbeaten in the process — and it’s easy to see why the Italians are heading into this summer with a quiet optimism. Can they deliver on this wave of positivity?

Italy Euro 2020 odds

While not among the outright favourites, Italy are still fancied as one of the traditional international superpowers and will be quietly confident of making their mark at this summer’s Euros.

Euro 2020 favourites with Bet365

  • England – 5/1
  • France – 5/1
  • Belgium – 6/1
  • Germany – 7/1
  • Portugal – 8/1
  • Spain – 8/1

Despite not even making it to the 2018 World Cup, Italy have immense pedigree in international tournaments over the years and can never be discounted. The likes of England, France and Belgium are the current favourites, but Italy are among a host of major nations you could consider “dark horses”.

Italy’s potential path to Euro 2020 final

As winners of their qualifying group, Italy were placed into Pot 1 for the Euro 2020 draw. Joining them in Group A are Turkey, Switzerland and finally Wales, who made it all the way to the semi-finals at the previous European Championships in 2016.

Italy kick off their Euro 2020 group stage against Turkey in Rome before games against Switzerland and Wales, all of which will take place at the Stadio Olimpico — the group’s other games will be hosted in Baku.

Italy Euro 2020 group stage fixtures

11 June 2021: Turkey vs Italy (8pm, UK time)

16 June 2021: Italy vs Switzerland (8pm, UK time)

20 June 2021: Italy vs Wales (5pm, UK time)

If Italy win Group A

  • If Italy were to win Group A, this would be their route through to the final.
  • Last 16: The second-placed side from Group C (Netherlands, Ukraine, Austria, North Macedonia) in London on June 26.
  • Quarter-finals: The winner of the last-16 match between the winner of Group B (Belgium are favourites) and the third-place team in A, B, C or D, which could include any one of Portugal, Germany or France from Group F.
  • Semi-finals: Italy could again face one of the aforementioned trio from Group F, while England would be a potential opponent should they finish second in Group D.

If Italy qualify from Group A

  • If Italy don’t win Group A, and merely qualify as they are 1/20 favourites with Sky Bet, it can be a lot more complicated.
  • Last 16: The second-placed Group B side in Amsterdam on June 26th, which could be any of Belgium, Denmark, Russia and Finland.
  • Quarter-finals: The winner of last-16 match between the winner of Group C (which is most likely to be the Netherlands) and the best third-place finisher in D, E or F. Once again, France, Germany and Portugal could all be potential opponents here, alongside the likes of Scotland, the Czech Republic and Sweden.
  • Semi-finals: The winner of that quarter-final will play the winner of quarter-final Match 4, which could include the winner of Group D (potentially England) or Group E (most likely Spain).

If Italy finish third in their group and do enough to be one of the top teams, this could open up a number of paths, including playing the winners of Groups B, E and F — talk about over-complicating things!

Italy Golden Boot odds

Having enjoyed a career year in 2019/20, scoring 36 goals in 37 Serie A games to win a third Capocannoniere title, Ciro Immobile has been in red-hot form again this season, scoring 19 goals in 30 games across all competitions. The Lazio striker is 16/1 with BetVictor to win the Golden Boot at the Euros this summer, behind only Harry Kane (6/1), Kylian Mbappe (8/1), Romelu Lukaku (9/1) and Cristiano Ronaldo (10/1) in this market.

Euro 2020 Golden Boot favourites with BetVictor

  • Harry Kane – 6/1
  • Kylian Mbappe – 8/1
  • Romelu Lukaku – 9/1
  • Cristiano Ronaldo – 10/1
  • Ciro Immobile – 16/1
  • Antoine Griezmann – 16/1

There is some drop to the next favourite among the Italy squad, which is Andrea Belotti, offered as long as 50/1 with BetVictor.

And the most optimistic of Italy fans could get a double of the Azzurri winning Euro 2020 AND Immobile claiming the Golden Boot at 175/1 with Paddy Power.


Premier League predictions & tips
Football Accumulator tips
Latest live streaming fixtures