Read on for a Eurovision betting guide ahead of the Grand Final.
How to bet on the Eurovision Grand Final 2022
When placing a bet on the Eurovision Song Contest, there are often big discrepancies in odds set by bookmakers so it pays to use oddschecker to get the biggest possible return on your chosen bet.
Each year, the rehearsals and semi finals are important events to watch out for in terms of acts that move up or down significantly in the market. From a performance and audience reception point of view, the semi-finals are a leading indicator of how well the songs will perform in the final standings.
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Now that those events are over, it is well worth having a look at how each acts performance was received by odds makers and bettors alike.
How many views, likes and comments the songs for each country get on YouTube is another piece of information that you can use when trying to pick the winner of the competition.
A very important factor in deciding who to place your bet on is the running order of the final. Those acts that perform later in the competition benefit from a recency bias with TV viewers for the 50% of the vote by the public and the acts near the start of the show suffer from the opposite.
Strategic voting is another aspect to look out for when betting on Eurovision. For example, Ukraine will rightfully have much of Europe behind them this year.
You can see and compare the odds across our 24 bookmaker partners by heading over to our winner grid, as well as other sub-markets.
Each bookie sets their own prices and have different liabilities based on the betting so far, which creates big discrepancies in the odds and allows customers to get the most value on their bet. All you need to do is look across our odds grid, compare the odds and pick your chosen bookmaker to place a bet on the country you think will win.
At the top of the winner grid, you’ll notice some each-way terms, which are another important aspect of comparing odds. Some firms offer three places and others four, which can make a big difference to whether you win your each way bet or not.
The other part of each way terms worth noting is what fraction of the odds a bookmaker is prepared to offer if the act you bet on places. For example, bet365 offer four places at 1/4 – that means if your bet finishes in the top four but doesn’t win, you will receive 25% of the odds they offering for win only (e.g. 16/1 becomes 4/1).
The Best Bookmaker Offers
When choosing a bookmaker to back your chosen act/country with, it is important to sign up to one that you can trust and offers a competitive sign up offer.
You can check out the Eurovision Offers & Free Bets through oddscheckere HERE.
Eurovision 2022 Betting Tips
Ukraine will come in as big favourites but Spain have one of their best chances of winning in recent years with SloMo by Chanel. It's a classic pop tune that is sure to get the audience going on Saturday night and is a very tried and tested formula.
Spain's Eurovision record is pretty poor, having not won since 1969 while their last top 10 finish was in 2014. Unlike other countries though, I don't think that's done to any nationality bias and rather the quality of acts that have been entered.
For more Grand Final tips, click HERE.