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Portugal will be among the front-runners to win the contest once again, having triumphed in a 1-0 win over France at Euro 2016.
Up first for the European champs is Hungary, widely regarded as the underdogs in Group F, which also contains the likes of France and Germany.
Both Hungary and Portugal have shown good form heading into Euro 2020, but only the results from this point onward really matter.
These two sides met in the group stages on the previous European Championship in what was, arguably, the most entertaining game of the tournament.
:heart_eyes: , Puskas Arena! :stadium:#VamosComTudo #TeamPortugal #EURO2020 pic.twitter.com/JJ0WZGCpWr
- Portugal (@selecaoportugal) June 15, 2021
Cristiano Ronaldo scored a late header to salvage a 3-3 draw for the eventual showpiece winners.
With this summer's tournament now in full swing, our tipster Robert Mann takes a look at some of the best bets from Hungary vs Portugal to get your teeth stuck into.
Hungary are 7/1 to win, with Portugal priced at 2/5 to come away with the victory. A draw is chalked up at 7/2.
Prediction: 0-2 (5/1)
Half-Time/Full-Time: Portugal/Portugal (11/10)
It is inevitable that this match will be a one-way battle and Hungary will have to be near-perfect to keep out the array of attacking options that the reigning champions can call upon.
Given the presence of giants Portugal, France and Germany in Group F, Hungary have very little to lose.
We reckon this might be one of the best squads Portugal have ever assembled at a major tournament.
Because of just that, we think Portugal will lead from the beginning to the last whistle.
First goalscorer: Cristiano Ronaldo (15/8)
Cristiano Ronaldo, one of the best strikers in the world, will be looking to close in on the all-time top-scoring record in men's international football during the tournament.
He needs just six to surpass Iran's Ali Daei, who sits on 109.
With that said, Ronaldo to score first looks like real value, doesn't it?
Request A Bet: Ronaldo & Jota 2+ shots on target each (10/3)
Unbeaten in their last six matches on home soil, Hungary play their opening two group games at the Puskas Arena in Budapest.
Home support could give them a much-needed extra boost, but Portugal's quality should shine through.
And that quality lies in the likes of attacking stars Cristiano Ronaldo and Diogo Jota - and we think the pair to have two shots or more on target each is a given.
Odds are correct at the time of publication and are, as always, subject to change.
Please gamble responsibly. For more information visit: https://www.begambleaware.org.
Hungary's head coach Marco Rossi is unable to call upon the services of midfielder Dominik Szoboszlai, who has been ruled out of the tournament with an injury.
Wing-back Szilveszter Hangya also missed out through injury, while former RB Leipzig midfielder Zsolt Kalmar is also out of contention.
Hopes are likely to rest on the shoulders of striker and captain Adam Szalai, along with fellow Bundesliga forward Roland Sallai.
Válogatottunk ebben a szerelésben kezdi meg az Eb-szereplést ma este, Portugália ellen! #EURO2020 #magyarok #csakegyutt :heart::green_heart: pic.twitter.com/wixMJs1XZw
- MLSZ (@MLSZhivatalos) June 15, 2021
Elsewhere, Cristiano Ronaldo could revert to his old position on the right, with the in-form Andre Silva cementing his position in the middle.
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