To kick off the discussion here are the odds for the winner:
SPAIN $4.75
GERMANY $6
NETHERLANDS $7
ENGLAND $9.50
ITALY $10
FRANCE, PORTUGAL $13
RUSSIA $21
CROATIA $23
TURKEY $29
SERBIA, UKRAINE $34
POLAND $41
CZECH REPUBLIC, SWEDEN $51
GREECE $61
DENMARK, ROMANIA, SWITZERLAND $67
REPUBLIC OF IRELAND $81
BELGIUM, NORWAY $101
AUSTRIA, SLOVAKIA $126
BOSNIA & HERZEGOVINA, BULGARIA $141
SCOTLAND $151
SLOVENIA $161
ISRAEL $251
MONTENEGRO $301
HUNGARY $351
FINLAND $401
BELARUS $501
LATVIA, WALES $751
CYPRUS, FYROM

GEORGIA $1501
ALBANIA, ICELAND $2001
ARMENIA, ESTONIA, MOLDOVA $2501
ANDORRA, AZERBAIJAN, FAROE ISLANDS, KAZAKHSTAN,
LIECHTENSTEIN, LUXEMBOURG, MALTA, SAN MARINO $5001
After some research I have established that FYROM = Former Yugoslav Republic of Macedonia.