UEFA Nations League Odds 2026-27: Spain Favored to Win; France Close Behind
International breaks don't mean we don't have soccer to follow, as the fifth season of the Nations League presses on into matchdays five and six. The tournament doesn't come covered in glory like some, but hey, as we look at the 2026-27 UEFA Nations League Odds we can agree on one thing: this beats friendlies, at least marginally.
With ramifications for Euro seeding and perhaps a potential safety net for teams still to clinch a berth, there is something to be playing for here.
Nations League odds to win 2026-27
Nations League odds from bet365; updated Nov. 10, 2026, subject to change.
| Club | Odds | Probability | Profit ($10 bet) |
|---|---|---|---|
| Spain | +200 | 33.33% | $20 |
| France | +275 | 26.67% | $27.50 |
| England | +450 | 18.18% | $45 |
| Portugal | +500 | 16.17% | $50 |
| Germany | +1000 | 9.09% | $100 |
| Netherlands | +1200 | 7.69% | $120 |
| Italy | +2000 | 4.76% | $200 |
| Greece | +2500 | 3.85% | $250 |
| Belgium | +3300 | 2.94% | $330 |
| Norway | +5000 | 1.96% | $500 |
| Denmark | +6600 | 1.49% | $660 |
| Wales | +25000 | 0.40% | $2500 |
| Croatia | +50000 | 0.20% | $5000 |
2026-27 Nations League favorites
Spain (+200)
Fresh off global victory at the World Cup, Spain is absolutely loaded with young talent that has already shown what it can achieve. Generational players like Lamine Yamal and Pau Cubarsí, among others, are set to keep Spain a contender for years to come.
With four wins from four games to start the tournament, and a trip to the quarterfinals already locked up, they'll be in contention to win the Nations League for a second time, and at worst should add a third second-placed finish: anything else would be a major disappointment.
France (+275)
France were the favorites for much of the World Cup this summer, falling short of their ultimate goal. The attacking force, including (but not limited to), Kylian Mbappe, Michael Olise, and Bradley Barcola, are a threat against any opponent.
Zinedine Zidane side has picked up three victories from four games to start the tournament, are safe from relegation and well positioned to advance to the knockout phases.
Nations League schedule
League phase:
Matchday 1: Sept. 24-26Matchday 2: Sept. 27-29Matchday 3: Oct. 1-3Matchday 4: Oct. 4-6- Matchday 5: Nov. 12-14
- Matchday 6: Nov 15-17
League A Quarter-finals (and League A/B and B/C playoffs)
- First leg: March 25-27
- Second leg: March 28-30
Finals:
- Semi-finals: June 9-10
- Third place play-off: June 13
- Final: June 13
Past Nations League winners
| Year | Winner | Runners-Up | Third place | Fourth place |
|---|---|---|---|---|
| 2025 | Portugal | Spain | France | Germany |
| 2023 | Spain | Croatia | Italy | Netherlands |
| 2021 | France | Spain | Italy | Belgium |
| 2019 | Portugal | Netherlands | England | Switzerland |
Nations League FAQs
Who is the 2026-27 Nations League favorite?
Spain are the favorites at the best sports betting sites to win the 2026-27 Nations League.
Who won the last Nations League?
Portugal won the 2025 Nations League, their second victory in the first four seasons of the tournament.
Where are the 2026-27 Nations League finals being held?
The Nations League finals will be determined from the four teams to reach the semi-finals.
When is the 2026-27 Nations League?
The 2026-27 Nations League league phase runs from Sept. 24, 2026, to Nov. 17, 2026. Quarter-finals and League A/B and League B/C playoffs are March 25-March 30. The semi-finals are June 9-10, 2027, with the third-place play-off and final on June 13, 2027.
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