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 The overall make-up of the Euro 2012 tournament winner betting market has taken a bit of a turn after every side has played their first fixture and now it appears as though Germany reigns supreme after a number of bookmakers cooled on Spain following a tepid 1-1 draw with a resilient Italian side. There has been a few interesting twists and turns already and we've even had our first bit of proper violence as Russia faced off against Poland.

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Germany, a nation attempting to keep the continent afloat financially, are the betting favourites to topple the rest of them at football, with many bookmakers pricing them as short as 5/2 to emerge victorious. Spain have drifted to 11/4.

France has retained it's spot near the top of the ladder despite being the more frustrated side after their 1-1 draw with England in the opening match of their group. They trade at 8/1 and look good value for a semi-final berth according to many. They will need to improve going forward if they are going to be able to beat better sides than England.

Had James Milner been able to capitalize when faced with an open goal, France's current situation would not be looking quite so good.

Russia are emerging as the dark horse many thought them to be and they've edged up ahead of England and trade at a 9/1 price. Tag. Roy Hodgson's side have drifted up to 12/1 to capture the Euro 2012 crown.

Italy and Holland both sit alongside England at 12/1.

Wednesday's fixtures will likely alter those odds a bit with a few tasty fixtures on offer. Portugal are the odds-on favourites to topple Denmark in the opening match with most bookmakers listing them at 19/20. The Danes, who looked good in their opening match, are priced at 3/1 to win a game that would likely see them go through. The draw is 23/10 and would do more harm to Portugal's chances than Denmark.

Cristiano Ronaldo and co. know that this is a must-win fixture and they will likely get forward early and look to build up a 2-0 lead they can sit on.

The second one should excite the purists as Holland and Germany face off in a toss-up. The 6/4 price tag looks good for Germany and Holland are listed at a 2/1 margin. The draw would leave the group wide open and that's not out of the question either at a 21/10 price.

Portugal x Draw would look like a good play at 5/1.