A few hours ahead of the official reveal of Israel’s entry for the Eurovision Song Contest 2018, we have a new favourite to win the contest, if we’re to believe the bookmakers. They’ve made a massive surge and Israel are now topping the list!
A slow surge
Ever since Netta Barzilai won the ticket to Lisbon, Israel had been creeping up the list. Coming from behind, they were approaching the top ten steadily in the past week. Only after last night and the snippet today, the Israelis seem to be unstoppable.
The most money you could now earn with an Israeli victory comes at odds of 4/1 with Coral and Ladbrokes. William Hill have shortened Netta Barzilai’s odds to 11/4. That is way ahead of the other three favourites we had at this stage. The best money on those three is 7/1 on Bulgaria, 9/1 on Estonia and 10/1 on the Czech Republic.
Across the board, all bookmakers are currently shortening Israel’s odds to win the Eurovision Song Contest. If the song tonight lives up to the full hype, we will very likely see them shortening even further. Below, you can see the top ten with Oddschecker on 11th March, a few hours before Israel reveal their full song:
How bookmakers work
It is important to keep nothing that bookmakers don’t just decide that they think Israel’s song can win the Eurovision Song Contest in Lisbon. Bookmakers react to bets of the people. Currently, that would mean that all bookmakers see bigger crowds betting money on Israel. In order not to pay out more than necessary, bookmakers shorten the odds. Basically, that means it’s less interesting for people to bet on such countries. After all, with odds of 10/1, your profits are much bigger than with 3/1.
These bookmakers reacting to Netta Barzilai and her entry “Toy” are all doing so based on the bets they receive. It could be fans betting on the entry as they believe Israel have got a winner, it could also mean sources close to the song are trying to hype the song. Both are viable options at this stage.
“Toy” out tonight
We’ll hear the full version of Netta’s entry “Toy” tonight. The Israeli songstress will be releasing the song at 21:00 in Israel. The snippet is promising one of the craziest entries in the history of the Eurovision Song Contest. Can Netta live up to the hype?