What a Stacked Half of the Bracket Means for Euro 2024

There is a reason, at the very moment Gareth Southgate and his players were having obscenities and plastic cups hurled at them in Cologne on Tuesday, every leading UK bookmaker was slashing the odds on England winning Euro 2024.

It had nothing to do with a sudden surge of optimism or a flurry of betting activity. After all, who would lump any money on an England triumph after that?

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It was because of the way the tournament has begun to take shape: the odds for England were cut along with Italy, Austria and Switzerland. The odds on French, Spanish, German or Portuguese glory drifted accordingly.

If it was a free draw after

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