William Hill Bonus for Germany vs Italy Euro 2012

Germany continue to steamroller over their competition in the Euro 2012 tournament and they're going into the semi-final fixture against Italy as the distinct favourites with virtually every bookmaker – sometimes by a very big margin.

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Punters will find Germany trading at an odds-on price of around 17/20 and the line might even move as we get closer to kick-off and have the starting line-ups made official. The Italians boast some serious organization at the back and if they can keep the scoreline tight throughout the first half and then push on for the kill at the very end of the match to win it 1-0, that's probably their best chance of doing so.

Germany won't want this to go to penalties and there's really no reason why it should be – yesterday's fixture was much more even than this one on paper as Germany went into the tournament as the second favourites behind Spain while Italy were 12/1 outsiders alongside England and Russia.

Italy are trading at 10/1 to sneak that 1-0 victory and they boast an 18/5 listing to pull off a win within the first 90 minutes of the match. A draw, which would see us through to extra time or penalties, is trading at around 9/4 with most major bookmakers.

The outright qualification, which means victory by any means, is 4/11 for Germany and 15/8 for Italy. That's good value on the Italians but it is tough to bet against Germans when there's the possibility of penalties.

It also really says something about their attacking threat that the majority of Germany's strikers as the outright favourites for first goalscorer – Mario Gomez being the obvious first choice. Punters will find him trading at 5/1 while Miroslav Klose is priced at 11/2. Lukas Podolski can be backed at 7/1 while Thomas Muller and Marco Reus are available at 8/1.

Mario Balotelli is definitely going to be the live-wire in this one and it looks like he's going to get the nod as Italy's favoured goalscorer with an 8/1 price to notch the opening strike of the match. You'll find Antonio Cassano and Antonio Di Natale at 9/1.

Germany are expected to score first and score often.

Those expecting Germany to run away with the match will do well to back them on the handicap. You can get a 5/2 price on them to win (-1) and a solid 15/2 on a (-2). If they get two goals ahead at any point, there's a chance that they'll simply be able to sit back and hit Italy on the break. This is a good shout for those who think Germany will win the first half emphatically.

Germany to win the match on penalties is listed at an enticing 9/1 and they're at 10/1 to win after extra-time. Italy to win the match on penalties is listed at 10/1 while Italy to win after extra-time is a 14/1 payout.