Titanbet doesn't alter odds on England for Euro 2016

(PRESS RELEASE) -- Titanbet Sports UK is unmoved as to England's chances at Euro 2016, keeping them at 10-1, despite support for Roy Hodgson's men since Saturday's favorable draw.

England was drawn in Group B alongside Wales, Russia and Slovakia for next summer's finals in France, which many pundits believe is one of the easier-looking groups.

England's home nations clash with Wales will dominate headlines, but both countries believe they can qualify, especially as the new format means only eight of the 24 teams will be eliminated at the group stage. Slovakia did shock Spain in qualifying, but it also lost at home to Belarus, which is probably a better barometer as to its chances, while Russia has been struggling for form and sacked ex-England boss Fabio Capello in July.

The winners of Group B will face a third-placed team and would then not face a group winner until the quarterfinals. It also appears to be the best group to be a runner-up in, with the scheduled last-16 tie against the second-placed side from Group F.

England has been favored in Titanbet Sports UK's betting on the Euros since the draw, but the popular online bookmaker has kept the home nation's odds unaltered.

"There could well be some value at 10-1 for England and 50-1 for Wales in the outright market and both countries have come in for a lot of support since the draw was made," said Russell Yershon, U.K. sports manager for Titanbet Sports UK. "If England win their group, and they should, they will play a third-placed team in the last 16 and then, potentially, Belgium, Italy or Portugal in the quarterfinals and then they would have some real momentum towards the finals.

"And for Wales, as long as they keep Gareth Bale fit they must also have a great chance of progressing and they will relish the clash with England. However, you have got successful teams like Germany, Spain and hosts France in the competition and we favor their chances ahead of any of the home nation teams.

“We've decided to keep our prices unchanged although if the money continues to come in for England in particular, we will need to take another look. An England win would hit us very hard but there are going to so many fantastic betting opportunities with (Titanbet Sports UK) for Euro 2016 that we just can't wait for it all to start in June.

"It's going to be our biggest ever betting event and there will be markets to suit everyone from the regular football punter who wants real value and many betting options, to the more occasional bettor who is looking for easy-to-follow online betting."

England will open its campaign on June 11 against Russia and end its group matches against Slovakia nine days later. The big clash with the Welsh takes place in between those two games.

Northern Ireland (250-1) was drawn in Group C alongside world champions Germany and play-off winners Ukraine and Poland, while the Republic of Ireland (100-1) has landed arguably the toughest draw with Belgium, Italy and Sweden in Group E.

Germany at 16/5 is Titanbet Sports UK's favorites.