While Iceland retain an outside chance of progressing past the group stages of the European U21 Championship, Denmark are marked as clear favourites to reach the semi-finals.
The Danes currently sit second in Group A, having beaten Belarus 2-1 after an opening day defeat to Switzerland.
Conversely, Iceland lie rock bottom, having lost both of their games so far, scoring no goals and conceding four in the process.
Such form sees Keld Bordinggaard’s young Danes priced as 19/50 favourites in bwin’s football betting odds to secure the win that will see them into the last four.
In order to secure a route to the knock-out stage, Iceland will need to win by at least four goals and hope Switzerland see off Belarus in their final game.
Given their scoring record in the competition so far, that is unlikely, and Eyjolfur Sverrisson’s side are seen as an 11/2 shot to secure a victory by any scoreline.
Football betting fans expecting the game to end in a draw can find odds of 7/2 with bwin, and with the site offering a £25 free bet to new customers, backing this outcome could return £112.50.
While Denmark are clear favourites for the tie in front of their home faithful, recent history suggests Iceland are something of a bogey team for Bordinggaard.
The last two meetings have ended in defeat for the Danes, with Iceland winning 3-2 and 2-0.
Football betting enthusiasts looking for lightning to strike twice can place a wager on the same results this time round, with the former scoreline priced at 50/1 and the latter at 35/1.
That said, Denmark boast a tremendous talent in Christian Eriksen. The 19-year-old Ajax playmaker has one goal to his name already and will be instrumental if the Danes are to reach the knock-out stages of the tournament.
With such talent among the Danish squad, some punters could be tempted to give Iceland a head start with bwin’s handicap football betting odds.
By starting the game with Iceland 2-0 up, Denmark’s winning odds move to 14/5, while the draw becomes a 31/10 shot.
The Danes are currently priced at 14/1 to win the tournament outright, while Iceland can be backed at 500/1. Spain are the clear favourites at odds of 31/50.
New customers can register here to receive a £25 free bet.