The Czech Republic have been attracting a lot of betting support since choosing their song in late January.
Back on 11th January the Czech Republic were a 66/1 outside shot to win the Eurovision final, held on 12 May in Lisbon.
Since choosing Mikolas Josef’s catchy tune, Lie To Me, in a national public vote however, their chances of going all the way have sky rocketed to the point where Mikolas is one of the front-runners.
Straight after the vote on 29th January that confirmed Lie To Me as the winner, the Czech Republic’s odds halved from 40/1 to 20/1 and the money has continued to pour in ever since.
They are now the fifth favourites to take home the prize at a best priced 10/1, with 28% of bets in the last 24 hours.
Mikolas faces competition from current favourites Bulgaria followed by Finland, Estonia and Sweden; all of whom are yet to finalise their song for the contest.
Bulgaria broadcaster BNT have confirmed that their entry is “risky”, Finland’s act has been confirmed as former X Factor star Saara Aalto but the song hasn’t yet, while Estonia and Sweden have yet to have public votes to decide their winner.
Oddschecker spokesperson, George Elek: “Czech Republic's entry has clearly got the punters going, and bookies have had to slash their prices accordingly.”
Whilst Estonia are yet to formally vote for their song, the likely winner sounds like one to keep an eye on in the coming weeks”