EuroBasket 2017 has already seen some interesting shocks and for bettors that means some fascinating market movement
Latvia might have done the biggest favour to all bettors with their loss at the hands of Serbia. In defeat they showed punters that, with the right breaks, they can be medal contenders. Just like in a bet at an online roulette, their chances are fifty-fifty at this point but I always bet on Kristaps. Latvia have moved out to 40/1 on most markets, making them well placed to lay going forward.
Georgia had the opposite effect on bettors on opening day as their defeat of Lithuania means they aren’t surprising anybody now. Having been available at ludicrous prices before the tournament, the best you can find is 150/1. That’s not bad but it likely means you are stuck with them until the quarter finals if you want to lay them and that’s not much use if they fall in the last 16.
The big teams to watch in terms of movement will be France and Slovenia. Both are guaranteed to shift significantly before the group stage ends and you want it to be France that takes the big blows. They are far too short right now at 7/1 but if they can get to 20/1 or better, entirely plausible with two more losses, then bettors have a chance to play around with them in the knockout rounds. Slovenia, at 16/1, look like bettors need them to win and keep winning in order to retain value as the one thing you don’t want is a third place finish for Slovenia in the group stage. That would put them on a collision course with Spain, wrecking their value which is otherwise good to the semi finals.
Lastly, we’ve got to give Finland a shoutout. They aren’t going to medal but, at 225/1 on some markets, they could offer a heap of value depending on how the knockout rounds play out. The right match-up and they can make the quarter-finals, offering tremendous opportunity to lay them and press on with the elite from there.
The twists and turns of EuroBasket betting are only beginning. Don’t be surprised to see some more wild wins and wilder moves on the markets.