Euro 2012 Favorites: Championship Odds for All National Teams

Only two days remain until the kickoff of the 2012 UEFA European Championship, hosted jointly by Poland and Ukraine.

The best 16 national teams from the continent of Europe are set to square off in a single group stage followed by quarter-final and semi-final knockout stages to reach the final on July 1, 2012, in Kiev, Ukraine.

Spain, Holland and Germany are the favorites to make a run at the trophy while Ireland and Denmark are two nations that are feeling little love from the bookies.

Dark horse candidates are the likes of England, France, Italy and Russia, who all posses talented squads but have failed to deliver in recent international tournaments.

Have a look at all the odds thanks to Bet365, Las Vegas Betting, Paddy Power and Sky Bet.

Group A: Russia

Russia had a strong showing in the 2008 European Championship. Previous winners in the original 1960 tournament and runners-up in 1964, 1972 and 1984, the Russian's have a strong history in the tournament.

It will be interesting to see if Andrei Arshavin can rise to the occasion for his nation once again as he did in 2008.

The nation's 3-0 demolition of Italy in their warm-up friendly was a great indication that they could be getting hot at the right time.

Odds to win Tournament

Bet 365: 21/1

Las Vegas: 20/1

Paddy Power: 22/1

Sky Bet: 20/1

Group A: Czech Republic

The Czech Republic were partial winners of Euro 1976 as Czechoslovakia and runners-up in 1996.

Group A sees them have a strong chance of progression to at least the knockout stage but they are still a long shot to win it all.

A recent disappointing 2-1 loss to Hungary did not help their odds.

Odds to win Tournament

Bet 365: 81/1

Las Vegas: 50/1

Paddy Power: 66/1

Sky Bet: 66/1

Group A: Poland

Poland have never made it past the last eight of the tournament. In 2008 the nation made a strong impression with their tough play, but they could not overcome the might of the stronger nations in the long run.

Three straight wins against Latvia, Slovakia and Andorra see them coming into the tournament on a high as they hope to impress as the co-hosts.

Odds to win Tournament

Bet 365: 41/1

Las Vegas: 66/1

Paddy Power: 50/1

Sky Bet: 33/1

Group A: Greece

The 2004 Champions of Europe return to the tournament in 2012 much as they did eight years ago, a team full of relative no-names save a few.

That formula served them well in 2004 and who knows what it could do for them this go-around in a group that is truly up for grabs.

The Greeks continue to prove defense is their strong suit with the results of their two build up matches against Slovenia and Armenia resulting in a 1-1 draw and 1-0 victory.

Odds to win Tournament

Bet 365: 81/1

Las Vegas: 66/1

Paddy Power: 100/1

Sky Bet: 80/1

Group B: Holland

The Netherlands National team are one of if not the best attacking force in all of World Football at the moment. Holland won the 1988 tournament but were sent packing in the 2008 quarter finals thanks to two late extra time goals from Russia.

However, their problem still tends to be weakness at the back. But if Clockwork Orange can outscore their opponents they are sure to be odds on in the top four thought to win.

Odds to win Tournament

Bet 365: 7.5/1

Las Vegas: 7/1

Paddy Power: 13/2

Sky Bet: 6/1

Group B: Germany

Germany are the all-time greatest national team in the history of the European Championship with three titles in 1972, 1980 and 1996 and three runners-up places in 1976, 1992 and 2008.

An important piece of information to remember is that Die Mannschaft have never failed to win the tournament after being runners-up the previous go around.

Odds to win Tournament

Bet 365: 4/1

Las Vegas: 3/1

Paddy Power: 3/1

Sky Bet: 3/1

Group B: Denmark

Denmark won the 1992 European Championship and made it to the semi-finals in both 1964 and 1984.

The Danes are gifted in a strong back line and defensive midfield and gave up the least goals in qualifying of all four teams in Group B.

However, their tough competition sees them as true long-shots to get out of the group stage.

Odds to win Tournament

Bet 365: 81/1

Las Vegas: 80/1

Paddy Power: 80/1

Sky Bet: 80/1

Group B: Portugal

Portugal's best performance was in 2004 when they were the runners-up to Greece, the host nation of the tournament. Previously the Portuguese made it to the semifinals in 1984 and 2000.

Cristiano Ronaldo and Nani have a lot to accomplish in leading their nation against the best group in the tournament.

Odds to win Tournament

Bet 365: 19/1

Las Vegas: 18/1

Paddy Power: 18/1

Sky Bet: 18/1

Group C: Italy

Italy have a single European title from 1968 and were the 2000 runners-up to France.

After winning the 2006 World Cup the Azzuiri have fallen off the cliff and are still trying to find their feet as a national team.

Despite the talent in the side, they could be set for a disappointing upset just as they were in the 2010 World Cup.

Odds to win Tournament

Bet 365: 15/1

Las Vegas: 12/1

Paddy Power: 16/1

Sky Bet: 16/1

Group C: Ireland

The Irish were literally cheated out of the 2010 World Cup, but the hardworking Shamrocks earned their right to participate in the 2012 European Championships.

With a style of play influenced by Italian tactical brilliance thanks to Giovanni Trapattoni, there is a real chance they are the sleepers of the tournament despite the odds being completely against them.

Odds to win Tournament

Bet 365: 81/1

Las Vegas: 66/1

Paddy Power: 80/1

Sky Bet: 80/1

Group C: Croatia

Croatia were a surprise team in 2008 and are hoping to be once more in 2012. A midfield with the talented Luka Modric and Niko Kranjcar iss sure to make an impact and they will be a fun side to watch.

The nation made a strong performance in 2008 to reach the quarterfinals but were knockout by Turkey on penalties.

Odds to win Tournament

Bet 365: 51/1

Las Vegas: 40/1

Paddy Power: 50/1

Sky Bet: 50/1

Group C: Spain

Spain are the top dogs of Europe and World Football at the moment. As the 2008 defending European Champions as well as the defending 2010 World Cup champions, there is a massive target on their back.

La Roja have a tricky group to progress through as they don't face the best ranked nations in the world, but are up against one dormant powerhouse in Italy and two scrappers in Ireland and Croatia.

Despite what looks like a clear cut path to the quarterfinals, the Spaniards better take their opponents seriously, otherwise many are smelling an upset.

Odds to win Tournament

Bet 365: 3.75/1

Las Vegas: 13/5

Paddy Power: 13/5

Sky Bet: 5/2

Group D: England

England have a massive mountain to climb and a huge amount to prove under new manager Roy Hodgson. Despite the stick the manager has taken since being appointed, he is always one to get things done under pressure and should be given a chance.

With Steven Gerrard having taken the captaincy, the nation finally sees a leader and playmaker in a position to make things happen and lift his team on the pitch.

It will be a tough group but the Three Lions should be better suited to progress than many think, even with Wayne Rooney having to sit out the first two matches.

Odds to win Tournament

Bet 365: 15/1

Las Vegas: 11/1

Paddy Power: 14/1

Sky Bet: 10/1

Group D: Ukraine

Ukraine will participate in their first ever European Championship as an independent nation as they are the co-hosts for this summers tournament.

Despite talented squads in the past, the nation has never been able to break into the competition and have only been a part of one World Cup in 2006.

Ukraine is a proud nation but one likely to be quickly eliminated.

Odds to win Tournament

Bet 365: 51/1

Las Vegas: 40/1

Paddy Power: 50/1

Sky Bet: 50/1

Group D: Sweden

Sweden's best overall performance in the  European Championship was during the 1992 tournament as the host nation that saw them make a run to the semifinals.

The nation has some obvious talent in players such as Rasmus Elm and Zlatan Ibrahimovic, but it is unlikely that Sweden have enough overall skill to make it out of the group stage.

Odds to win tournament:

Bet 365: 67/1

Las Vegas: 66/1

Paddy Power: 66/1

Sky Bet: 66/1

Group D: France

France are two-time winners at the European Championship, having lifted the title previously in 1984 and 2000.

The 1998 World Cup winners will hope for a strong showing after their last appearance in the Euro's was in 2004 with the nation failing to make the 2008 edition of the tournament.

Odds to win tournament:

Bet 365: 11/1

Las Vegas: 10/1

Paddy Power: 10/1

Sky Bet: 10/1