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Who are the favourites for the 2026/27 Nations League?

Latest Nations League 2026/27 Odds

World Cup 2026 is over, but fans of international football will not have to wait long before the next big tournament rolls around.

In September, the fifth and latest edition of the UEFA Nations League kicks off and League A promises to deliver typically high levels of drama, with Portugal the reigning and defending champions.

The promotion and relegation process in the tournament means only those in the top four groups (16 nations in total) are in with a chance of lifting the trophy next June.

So, let’s take a look at how the latest Nations League odds are shaping up on the NetBet Sport platform, with the start of the festivities fast approaching.

Oh and just so you are aware, the first international break of the 2026-27 season will look a bit different.

Instead of separate two-week breaks in September AND October, the schedule has been altered to include just one three-week break, in which those countries in League A will play four of their six League Phase matches.

Got it? Good, and if you are new to the NetBet experience, make sure to activate our exclusive Welcome Offer before the big football competitions resume. Place a qualifying £10 bet and receive £20 in Free Bets!

What happened in the 2024/25 Nations League?

Portugal’s second Nations League success came courtesy of a penalty shootout victory over Iberian rivals Spain in the final, which followed a thrilling 2-2 draw in Munich.

Cristiano Ronaldo’s men beat 2024-25 Nations League Finals hosts Germany 2-1 in the semi-finals after overcoming Denmark 5-3 on aggregate in the quarter-finals.

The other semi-final last summer was also a bonafide classic, as Spain beat France 5-4 after initially taking a 5-1 lead.

Les Bleus eventually secured the bronze medal after defeating Germany 2-0 in the Third-Place Play-Off.

Portugal hero Ronaldo finished as the tournament’s second-top scorer with eight goals, with Sweden’s Viktor Gyokeres claiming the Golden Boot thanks to nine strikes in total.

Key dates for the 2026/27 Nations League

September 24-November 17, 2026: All league phase matches

March 25-30, 2027: League A quarter-finals

June 9-13, 2027: Nations League Finals

League A Groups

Group A1 – France, Italy, Belgium, Turkey

Group A2 – Germany, Netherlands, Serbia, Greece

Group A3 – Spain, Croatia, England, Czech Republic

Group A4 – Portugal, Denmark, Norway, Wales

What are the latest 2026/27 Nations League odds on NetBet Sport?

*All odds are subject to change

France – 3.75

Spain – 4.00

Germany – 5.50

England – 5.50

Portugal – 9.00

Netherlands – 13.00

Norway – 17.00

Belgium – 17.00

Italy – 34.00

Denmark – 34.00

Croatia – 51.00

Turkey – 101.00

Serbia – 101.00

Greece – 126.00

Wales – 151.00

Czech Republic – 151.00


Despite their recent World Cup success, Spain sit just below favourites France – who won this tournament in 2020-21.

And that seems a tad strange, given that both nations appear to be in equally difficult groups and the gulf in quality between them really has been evident in recent times.

Spain beat France in each of the last three major semi-finals (Euro 2024, Nations League 2024-25 and World Cup 2026), with Luis de la Fuente quickly establishing himself as the best manager in international football.

Furthermore, the Nations League will be France’s first tournament in the post-Didier Deschamps era, so tread carefully with regard to their odds.

Reigning champions Portugal –  now coached by Jorge Jesus – are surprisingly behind both Germany and England, the former of whom is likely to be headed by legendary manager Jurgen Klopp. Julian Nagelsmann was dismissed from the role after Die Mannschaft’s shock World Cup 2026 knockout loss to Paraguay.

Germany and England have qualified for the Nations League Finals just once each, while Portugal – like a wounded Italy side – previously achieved the feat twice.

Further down, the Netherlands, Norway and Belgium make up a trio of ‘dark horses’.

Norway and Belgium each reached the quarter-finals of World Cup 2026, while Netherlands qualified for the Nations League Finals on two occasions out of a possible four.

 

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