Russia have dominated recent Eurovisions with a pair of wins in the last four years and they head the market with less than a month to go until the 2016 running...
"The Russian entry - 'Thunder and Lightning, it's getting exciting!' by Sergey Lazarev - is 4/9 to win the first semi-final and the favourite to win the final on May 14."
Betfair customers are backing Russia to win this year's Eurovision Song Contest, with last year's runner-up a 2/1 favourite to emerge victorious in Sweden next month.
The Russian entry - 'Thunder and Lightning, it's getting exciting!' by Sergey Lazarev - is 4/9 to win the first semi-final and the favourite to win the final on May 14.
Although Spanish representative Barei has been the most popular on Spotify all over the world, the market makes it a 33/1 chance - several countries that seem to love it the most aren't eligible to vote, meaning that their popularity may appear skewed.
Romania had seen some support at 8/11 to qualify in the semi-finals but were 150/1 to win the Final before being booted out of the competition on Friday.
Reigning champs Sweden certainly know how to win this contest and are third favourite at 10/1, once again sending a strong representative in the form of 17 year old Frans' but his unfavourable draw in the final makes it a very difficult position to win from even with home advantage.
Colm Rock, Novelties Trader for Betfair, said: "The Eurovision finals are the ultimate in novelty betting with more bets placed in-play on the Eurovision final 2016 than the Grand National, which even your nana bets on.
"Russia are the clear favourites at 2/1 looking to improve on their second place finish in 2015 with this year's effort.
"The biggest move so far has been for Amir of France who has been backed from 25/1 to 11/4 second favourite. He has a well-polished performance and the song boasts an infectious blend of French and English lyrics with some borderline Avicii vibes."
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