In fact, I agree with you, but the bookmakers have a diametrically opposite opinion:
Austria 3.00
Wales 3.50
Scotland 3.75
Ukraine 4.50
Ukraine is considered an outsider of the A. In my opinion, this is an underestimation of Ukraine and perhaps it makes sense to bet on it, although I have no desire to freeze money for such a long period.
I am surprised by those quotes, I thought Ukraine is considered stronger. I suppose there is also some influence on which team plays in their home country.
I was just checking the other paths and Protugal (1.9) is slightly ahead of Italy (2.0). In the 3rd path Russia (2.55) is favored against Poland (3.55) and Sweden (3.55). Czechia is an outsider (7.25)
Yes, absolutely all quotes are surprising. Is Portugal slightly better than Italy? How? I think the odds of Portugal and Italy are about 25% to 75%. But the funniest thing is the favorite of path B - Russia. I am from Russia and I do not understand why our team is rated so highly, I thought it would be rated as 3rd.