**Group A4 features Portugal, Denmark, Norway and Wales in a balanced round-robin that begins 24 September.** No matches have been played yet, leaving all sides on zero points and fostering a tight market where implied probabilities cluster closely among the four. Portugal bring defending-champion pedigree and attacking depth, yet Norway’s blend of Haaland-led firepower and recent upward trajectory keeps them within striking distance. Denmark’s organized defensive structure and tournament experience, combined with Wales’ resilient home form and set-piece threat, further compress the field. Head-to-head history, travel demands across the September–November window, and the six-match format reward consistency over star quality alone. Trader consensus therefore reflects genuine parity rather than a standout favorite, with small edges in squad depth or early results likely to shift probabilities quickly.