Italy went ino Euro 08 as one of the favourites in the Euro 08 betting with the bookmakers.
But a 3-0 thrashing by Holland saw their odds drift and put qualification from the group stages in doubt.
Luca Toni is the country's main goal threat. He could line up in attack on his own but the Italians also have Vicenzo Iaquinta to call upon.
Italy finished as winners of Euro Qualification Group B, losing one game against group runners up France and drawing twice.
Latest Odds for Italy to win Euro 08
Italy Euro 08 Goals and Highlights
None yet but well worth watching these World Cup ones..
Italy Euro 08 Squad
The full Italian Squad for Euro 2008 is as follows.
Goalkeepers: Marco Amelia (AS Livorno Calcio), Gianluigi Buffon (Juventus), Morgan De Sanctis (Sevilla FC).
Defenders: Andrea Barzagli (US Città di Palermo), Fabio Cannavaro (Real Madrid CF), Giorgio Chiellini (Juventus), Fabio Grosso (Olympique Lyonnais), Marco Materazzi (FC Internazionale Milano), Christian Panucci (AS Roma), Gianluca Zambrotta (FC Barcelona).
Midfielders: Massimo Ambrosini (AC Milan), Alberto Aquilani (AS Roma), Mauro Camoranesi (Juventus), Daniele De Rossi (AS Roma), Gennaro Gattuso (AC Milan), Simone Perrotta (AS Roma), Andrea Pirlo (AC Milan).
Forwards: Marco Borriello (Genoa CFC), Antonio Cassano (UC Sampdoria), Alessandro Del Piero (Juventus), Antonio Di Natale (Udinese Calcio), Fabio Quagliarella (Udinese Calcio), Luca Toni (FC Bayern München).
Top Italy Goalscorer Betting
It would be a big surprise if anyone other than Luca Toni is Italy's top goalscorer at Euro 08. He is their main man up front and even with the likes Vicenzo Iaquinta and Filipo Inzaghi in the squad he should come out on top. Back Luca Toni to be the top Italian Goal Scorer at 10/11 with
Italy to Qualify From Group Odds
Italy are in the group of death but they should have enough quality to get through as winners. Back Italy to win Group C at 7/4 with Stan James
Latest odds on Italy to qualify from Group C
Latest odds on Italy to win group C
Latest odds on Italy to finish bottom of group
Italy Exit Betting
Italy are all set for a good tournament but they might not have enough to get to the final of the tournament but they should be able to make it as far as the semi finals. Sportingbet price Italy at 4/1 to be eliminated at the semi finals. Check out the odds for all the other exit betting at Sportingbet
Other Italy Euro 08 Betting Opportunities
If Italy's Euro 08 odds are to be justified, they are likely to get at least as far as the semis which should give the Italians enough games to rack up some goals.