There are a couple of odds that seem to be off. I think England should at least be equal to Germany, but rather ahead as you say. And Spain can never be that far behind either. I don't know if they overvalue the home advantage that much? The last time that a national team won the European Championship in their own country was in 1984 in France. It can't be the home advantage that the bookies value so high. Even Belgium is underrated in my opinion. These are some weird odds and France should be a clear favorite.
I say this repeatedly here (that France is far ahead of the others), but other folks don't agree with me. And I agree with you on the home advantage factor. With or without the home advantage, Germany is a shit team. I don't have a very good opinion about England (especially after their poor performance in the Qatar 2022), but at least I could agree that they are far ahead of Germany. However, I can't agree with you on Belgium. Their peak years are behind them and with the downfall of Lukaku, they are out of contention for Euro 2024.
I agree with you. France is nowhere near anyone else's level, they are far better and they "should" win it. Obviously as per anything could happen in football and they may end up losing on a bad game, sometimes the performance doesn't show the talent and some teams end up playing worse than how they could, and lose games they should win, if something like that happens then we could see France not have a good result, that is understandable and if the other people say that then I agree with them.
But in any other normal condition, it is obvious that France has a much better talent pool right now than any other team in the cup, they should be winning not only euro 2024, but I think they will probably win world cup 2026 as well with this team.