The possibility of the result seeing both qualify for the knockout stages and eliminating Italy has seen the price on a 2-2 draw being cut by many bookmakers
Croatia and Spain meet in the other match, the result of which will go a long way to deciding which teams progress to the quarter-finals.
Italy are heavy favourites at 1/3 (1.33) to win their game but a victory for the Azzurri may not be enough for them to qualify.
Concerns have arisen over the possibility of Croatia's clash against Spain finishing in a high-scoring draw, such as 2-2, which would see both teams progress and knocking out Italy, regardless of their result against Ireland.
In Euro 2004 the Azzurri were eliminated in almost identical circumstances as a 2-2 draw between Denmark and Sweden in the final group match saw the Italians bow out despite beating Bulgaria.
Odds on a 2-2 draw differ massively between different bookmakers, with 8/1 (9.0) available at Bet365 and 4/1 (5.0) on offer at William Hill.
Those prices are in stark contrast to the market of an average match at the tournament finishing 2-2, though. France, who sit top of Group D ahead of their final group game, face Sweden, who, like Ireland, have already been knocked out, the 2-2 correct scoreline is available at 16/1 (17.0) with Bet365.
While all parties have done everything they can to play down the possibility of the game finishing in a 2-2 stalemate, the odds clearly suggest that there is a certain level of caution being exercised throughout the industry ahead of this crucial match.
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Jim Knight is Betting Editor at Goal.com and has been tipping football games since he was old enough to place a bet. He is a Leicester City fan, writer and member of the We Are Going Up Podcast
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