The Eurovision Song Contest starts on Tuesday, May 9, and goes until Saturday, May 13. When we bet on the Eurovision Song Contest we do so by backing represented nations. Sweden is the chalk heading into the semifinals and finals. Second choice is Finland followed by the Ukraine and France, which are co-third choices. Keep reading for odds, analysis, and free picks for the 2023 Eurovision Song Contest.

A Closer Look at the Odds to Win the 2023 Eurovision Song Contest

May means Eurovision! #Eurovision2023 pic.twitter.com/1Cg4mZaaW6

— Eurovision Song Contest (@Eurovision) May 1, 2023

2022 Eurovision Song Contest Recap

Ukraine won the 2022 Eurovision Song Contest. Ihor Didenchuk and Oleh Psiuk performed their song Stefania. Second place went to the United Kingdom and Sam Ryder for Spaceman.

Chanel performed SloMo to help the Spanish finish third. Fourth place went to Sweden and Cornelia Jacobs for Hold Me Closer. Fifth place went to Serbia after Konstrakta performed In corpor sano.

2023 Eurovision Song Contest Picks

First Place: Finland – Kaarija – Cha Cha Cha

To win Eurovision, you must impress two different sets of voters. First, the juries must like you, your song, etc. Second, you must finish either first or second in the televote.

To be fair, you don’t have to finish first or second in the televote to win. But the nation that wins often finished first or second in the televote.

When it comes to this year’s televote, no doubt, Kaarija, with his song Cha Cha Cha, will either grab second place or first place televotes. It’s as close to a sure thing as possible, which means at +375, Finland is a decent play.

Second Place: Sweden – Loreen – Tattoo

The odds on Sweden doesn’t make Loreen an underlay. The odds are fair. Oddsmakers believe Loreen and Sweden have a 46% chance of winning Eurovision 2023.

Although 46% is a tad high, it’s tough to disagree with those looking to back the chalk. Loreen’s Tattoo performance is exceptional.

Not only that, but the juries should favor Loreen over Kaarija. No qualms with any Eurovision handicapper looking to make a few dollars on the chalk.

Third Place: Norway – Alessandra – Queen of Kings

The odds make Norway a slight overlay. Televoters love Alessandra’s performance for Queen of Kings.

What gives Alessandra a leg up is that the song is the type the juries want to cast a vote towards. Cha Cha Cha is too poppy. Tattoo is great but its not a big enough production. Queen of Kings could surprise.

Top Underdog: Italy – Marco Mengoni – Due Vite

Like Queen of Kings, Due Vite is the type of song the juries will like. The problem Marco Mengoni could have is securing the backing of enough televoters.

Mengoni just sings. He doesn’t have a production like Kaarija. With that being written, just singing might be the way to go at this year’s Eurovision.

Afterall, everyone else hides the fact their songs are subpar with flash. Not Mengoni. He delivers a powerful performance with just his voice and his presence. That could work in his favor. For sure, Italy and Marco Mengoni offer overlay odds.

Where to Bet on the Eurovision Song Contest with Bitcoin

Nitrobetting offers a solid channel for those who want to bet on Eurovision with bitcoin. The power of crypto and its lightning-fast transactions make the entire season betting more enjoyable.

Feel free to browse sports betting guides. While you are at it, go ahead and check out all the latest Entertainment betting odds and more in our online Bitcoin sportsbook.

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