There has been quite a shake up at the Eurovision 2026 betting odds, Finland continues to lead the pack with very strong chances to win the coveted trophy in Vienna come May. But hold your horses as the Aussies are back in the game this year, bringing their superstar Delta Goodrem to the Eurovision Song Contest. Australia’s odds to win the competition have surged since SBS unveiled Delta Goodrem as Australia’s Eurovision 2026 hopeful with her entry ‘Eclipse’. The Aussies’ odds are shortening by the hour and our friends Down Under are currently at #2 in the odds.

Here’s an engaging look at the Eurovision Song Contest 2026 betting odds, with all the latest shifts on the leaderboard as we sprint toward the grand final in Vienna this May. According to the current betting markets on oddchecker.com, the race is wide open — but one country is starting to pull ahead.

Betting Odds Snapshot — Top 5 Countries

Rank Country Odds
#1 Finland 12/5
#2 Australia 13/2
#3 Denmark 13/2
#4 Greece 10/1
#5 Israel 12/1

Finland: Leading the Odds

It’s Finland that sits atop the 2026 betting chart right now, firmly in the favourite’s seat with roughly a one-in-three implied chance of victory according to oddchecker’s latest aggregated markets. Bettors have responded enthusiastically to the country’s selection, making the Nordic nation the one to watch as the competition approaches.

For many Eurovision followers, Finland’s rise isn’t just about the odds — it’s about momentum. Over the past several weeks, their entry has gained notable traction across national and international fan polls, suggesting that the bookmakers might be reflecting more than just pure wagering behaviour.

Linda Lampenius & Pete Parkkonen are currently the hot favourites win Eurovision 2026 in Vienna. The dashing duo won UMK 2026 with a landslide victory and their Eurovision 2026 performance and staging promises to be both mind-blowing and eye catching.

Australia’s Meteoric Rise

Hot on Finland’s heels is Australia, which has swiftly climbed into second place in the betting after its star announcement. On Sunday, the Australian broadcaster revealed Delta Goodrem as the country’s representative for Vienna with her song Eclipse — and the betting markets reacted.

Goodrem’s career spans decades, making her selection one of Australia’s most high-profile Eurovision entries ever. Since the song’s premiere, Australia’s odds have climbed sharply, moving from outside the Top 10 to within striking distance of the favourites in record time.

https://www.youtube.com/watch?v=EUMCr1pnaMY&list=RDEUMCr1pnaMY&start_radio=1

Denmark Holds Strong

Denmark also remains firmly in contention, sitting just behind Australia and currently occupying third in many odds tables. Danish fans have reason to be optimistic: consistent national support and solid responses to the Dansk Melodi Grand Prix winner have helped Denmark maintain its position as a serious contender.

While Denmark isn’t quite matching Finland’s popularity in the markets yet, its performance odds remain among the most competitive. With catchy staging and strong juror interest, Denmark could certainly be a contender when the semifinal dust settles.

Soren Torpegaard Lund is the one to watch for with his epic entry ‘For Vi Gar Hjem‘, he could very well give Denmark its much anticipated 4th Eurovision victory with his dazzling staging and strong performance.

The Middle Pack: Greece and Israel

Rounding out the top five are Greece and Israel, two perennial Eurovision favourites who bring passionate fan bases and distinctive musical styles to the contest. Greece’s entry has maintained consistent interest (though slightly drifting in recent markets), while Israel’s robust televoting history has kept it among the leading outsiders.

Greece’s Akylas has gained much exposure and momentum after his epic victory at the 2026 Greek national final. His Eurovision entry ‘Ferto’ has gone viral both in Greece and overseas, placing the Land of th Gods amongst the hot favourites to belt the coveted Eurovision Grand Prix.

https://www.youtube.com/watch?v=j_tDJ77ntPE

Both countries sit a few odds steps behind the top three but shouldn’t be overlooked — Eurovision has a long history of surprise rises in May’s live shows.

What This Means for Eurovision 2026

It’s one thing to look at betting odds — another to interpret what they feel like. The current markets suggest a thrilling showdown between a mix of established fan favourites and surprise entries this year. Whether you’re a statistics guru or just along for the music and spectacle, these odds provide a fascinating lens into how the competition is shaping up behind the curtain.

And with the contest’s rehearsals and live performances still ahead, there’s plenty of room for movement — so buckle in. Betting markets change fast at this stage, and the top spots could shift yet again before the final’s lights go down in Vienna.

Final Thoughts

From Finland’s favourite tag to Australia’s dazzling ascent, the Eurovision 2026 betting landscape is buzzing with excitement. Will the bookmakers prove right? Or will an underdog steal the show? Only time — and the votes of millions — will tell. Stay tuned as we track every twist and turn on the road to Vienna!


Sanjay (Sergio) joined esctoday.com in December 2006 as an editor. He was appointed as the Head of Press of ESCToday.com in 2011. Hereafter in 2016 he was promoted as the Head of International Relations & Communications at ESCToday. Sergio has covered the Eurovision Song Contest live 23 times since 2000, having worked for several international magazines and media outlets.