Odds shown as:

The miraculous odds behind Greece's journey to becoming European Champions

150/1 shots Greece stunned the footballing world exactly 16 years ago today
150/1 shots Greece stunned the footballing world exactly 16 years ago today

2020 has been a bizarre year, to say the least. Somehow it is now July and it feels like the whole world has been in hibernation since early-March due to the coronavirus-enforced lockdown. 

The Premier League is still on our screens despite this time of the year typically being the start of pre-season training for clubs. Perhaps most disappointingly, though, the scheduled European Championships - which we would now be approaching the business end of - have been postponed until next year. 

Right now I should be writing articles overhyping an England side who look ‘promising’ after beating the Czech Republic 2-1 in the group stages of Euro 2020. 

I should be telling the world that Jadon Sancho is the future of English football and that Marcus Rashford is going to single-handedly win us our first major international tournament since 1966. But I'm not, and that’s a shame. 

What I am going to do, however, is take you all on a trip down memory lane, right back to 2004 when rank outsiders Greece provided one of the biggest shocks in football history by winning the European Championships, exactly 16 years ago today.  

Welcome Offer

Up to £100 in bet credits Exclusive promo code : 100BET365

Open Account Offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. The bonus code ‘100BET365’ can be used during registration, but does not change the offer amount in any way. 18+ begambleaware.org.

150/1 shots to win their first major tournament before the competition kicked off on 12 June 2004, Greece lined up against hosts Portugal in their group stage curtain-raiser with little to no hope of going the distance. 

This was, remember, a country who had never even won a game at a major international tournament; a country whose last visit to the European Championships had come back in 1980, where a lonesome 1-1 draw against Czechoslovakia - a team who cease to exist in 2004 - was to be the limit of their success in Italy.

Group A

Priced at 5/1 (an implied chance of just 17%) and firm underdogs for the win that day, Otto Rehhagel’s side got off to the perfect start when Georgios Karagounis found the net after a superb solo run in the 7th minute.

Things got better for Greece after half-time when Angelos Basinas converted a penalty in the 51st minute which meant that, despite Cristiano Ronaldo’s last-minute header in added time, Greece had kicked off their European campaign in the best way possible by winning 2-1. 

Full of confidence after beating the tournament hosts in their own backyard, Greece headed into their second match against Spain full of confidence, but knew that they’d have their work cut out to repeat their exploits against a side containing the likes of Carles Puyol, Romero, Xavi and Raul (among plenty of others). 

Euro 2020 odds

Indeed, another impressive performance ensued and Greece managed to hold Inaki Saez’s side to a 1-1 draw after initially falling behind through a Fernando Morientes goal in the first-half. Angelos Charisteas’s 66th-minute strike was enough to maintain his country’s unbeaten record in Group A, with the full-time draw priced up at 21/10 before kick-off.

The Greek’s did hit a slight bump in the road in their final group stage clash against Russia, losing 2-1 to the Eastern Europeans, but qualified for the quarter-finals thanks to Portugal beating Spain 1-0 in the group’s other final match, in turn knocking the Spaniards out on goal difference.

The Business End

Things had now become very real for Greece, they had made it through to the quarter-finals against all odds but the end of the road looked to be approaching with holders France standing between themselves and a spot in the semi-finals. 

This is a team which contained Thierry Henry in his absolute prime, a player who is arguably the best central midfielder to ever play the game in Zinedine Zidane, alongside the likes of Claude Makelele, Robert Pires, Patrick Vieira and Marcel Desailly. 

Greece (priced at 11/2 to win the game) had no chance, or so it seemed. 

Vieira and Desailly were actually rested for this clash, with manager Jacques Santini clearly having one eye on the semi-finals and disregarding the strength of his opponent. 

If that was the case, it certainly came back to bite him as Greece put in a typically organised performance, again enjoying the lesser share of possession and taking fewer shots on goal (five to France’s eleven) but winning 1-0 thanks to a bullet header from Angelos Charisteas in the second-half. Onto the semi’s..

The Czech Republic’s route to the semi-finals was slightly more straight forward. Having won their group without dropping a single point, Karel Bruckner’s side comfortably dispatched Denmark 3-0 in the quarter-finals before facing the tournament’s surprise package in the competition’s penultimate round.

Czech Republic entered the game as favourites, with underdogs Greece priced up at 4/1 - given just a 20% chance of winning.

After a goalless 90 minutes, the game was finally settled in extra-time courtesy of defender Traianos Dellas heading home a corner in the 105th minute; Greece were heading to the final of the European Championships for the first time in their history.

They would play Portugal, the hosts, and the side where it had all began just three weeks prior. Felipe Scolari’s side had famously knocked out England on penalties in the quarter’s before edging past the Netherlands 2-1 in the semi-finals. 

Unsurprisingly, with a team containing Luis Figo and a fresh-faced Cristiano Ronaldo Portugal were firm favourites, given a 57% chance of beating Greece prior to kick-off, while Otto Rehhagel’s side were 4/1 shots to win in 90 minutes.

 

Football tips

The final was played out in a familiar manner, with Greece’s resilient defending frustrating Portugal and chances coming few and far between.

Again it was the hosts who enjoyed the lion share of possession (58%) and took more shots on goal (17 to Greece’s four), but it meant nothing when that man Charisteas scored his third goal of the tournament with a carbon copy of his effort against France in the quarter’s, heading home from a corner just before the hour mark.

Otto Rehhagel had engraved his name into German football history when he guided FC Kaiserslautern to a miraculous title-win in 1998, in doing so becoming the first and so far the only manager to win the Bundesliga with a team who were promoted from the second-tier just the season before.

Six years later and he had done something very similar, this time on the international stage with Greece, winning the European Championships against the odds; all 150 of them, to be precise.  

Free betting offers
Bet £10 Get £30 in Free Bets
New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply. T&C's apply, 18+ begambleaware.org
Bet £10 & Get £30 Free Bets + £10 Casino Bonus
Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager bonus amount x40 within 14 days • Wagering req. vary by game • Withdrawal restrictions and Full T&C’s apply. 18+ begambleaware.org
Welcome Offer
Open Account Offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. The bonus code ‘100BET365’ can be used during registration, but does not change the offer amount in any way. 18+ begambleaware.org.
£20 Risk Free First Bet Money Back In Cash
New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is €/£20. T&Cs apply. 18+ begambleaware.org
Up to £30 in Free Bets
New Customers deposit and bet up to £30 at odds of 2.0 or greater within 7 days of registration, Cashed out bets excluded. Matched bonus paid in free bets; 7 day expiry. Offer valid from 09:00BST on 26/05/2020. Card payments only. Geo Restrictions and T&Cs. 18+ | begambleaware.org | Please gamble responsibly
Bet £5 Get £20 In Free Bets
Min £5 bet on the SBK. Rewards valid for 7 days. Free bets must be placed at min odds of 1.5. Exchange free bet limited to certain markets. Payment restrictions apply. T&Cs apply. 18+ begambleaware.org
Bet £10 Get Up To £40 Free Bets
Register using the promo code FOOTBALL40a, deposit and place first bet of £10 on football (cumulative price evens+) in one bet transaction. First bet must settle within the Promo Period (00:00 07/09/2020 - 23:00 20/09/2020). £30 in Free Bets credited within 10 hours of bet settlement and expire after 7 days. Additional £10 in Free Bets only credited if first bet doesn’t win. Payment restrictions apply. SMS validation may be required. Full T&Cs Apply. 18+ begambleaware.org
£25 Bet Bundle
18+. UK Customers (Excluding NI) only. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 qualifying bets. 13 bets required to receive full £25 free bet. Qualifying bet must be placed within 30 days of opening account. Cashed out bets will not qualify towards your average stake. One free bet offer per customer, household or IP address only. Free bet expires after 7 days. Payment method restrictions apply. T&Cs apply.
Money back As A Bonus Up To £40 If Your First Racing Bet Loses + £10 Casino
New customers only. 18+, BeGambleAware.org. Min deposit £10. Money back as bonus. Wagering requirements: Racing 3x at min. odds of 1.40 (2/5), Casino 35x. Only one bonus can be used at a time, Racing bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus will expire after 7 days of opt-in.