England start their European Championship campaign on Monday 11 June with a clash against France and Hodgson has installed Gary Neville as a coach just ahead of the squad announcement which will be especially popular with the Manchester United players within the squad.
However, it remains to be seen which 23 players are on the plane and betting is available on whether the likes of John Terry, Rio Ferdinand and Michael Carrick will be featuring at Euro 2012.
There are a handful of players certain to represent England, including Joe Hart, Ashley Cole, Wayne Rooney, Gareth Barry, Steven Gerrard, Frank Lampard, Ashley Young and Gary Cahill. Only injury will deny them a place in the squad, with the bookies offering 1/6 or shorter about these players.
Kyle Walker, Joleon Lescott and Scott Parker are all likely to be included by Hodgson, although odds of 1/5 suggest they could be omitted, while the likes of Leighton Baines, Danny Welbeck, Phil Jones and Rio Ferdinand will all be waiting anxiously for the phone to ring.
Twelve months ago, it was a ridiculous notion that John Terry might miss out on Euro 2012 although some poor form coupled with an impending court case could mean the Chelsea defender is left out of the 23 and Stan James are prepared to lay 4/7 about him making it.
Who would have thought that (according to the odds) Andy Carroll is just as likely to be called up as Terry, with the Liverpool striker’s recent quality performances seeing him trimmed to 4/6 to be an England man this summer.
Glen Johnson is a 4/7 chance to also be included, while Micah Richard, Michael Carrick, and Jermain Defoe are all odds-on. The players on the other side of evens include Peter Crouch, Stewart Downing and Daniel Sturridge.
There are likely to be one or two surprises and the England squad could include Paul Scholes who has been backed into 11/4 (Paddy Power) to take his place in a Three Lions shirt, with rumours surfacing that the Manchester United midfielder is open to a recall.
Manchester City’s Adam Johnson has impressed in an England shirt, although a lack of first-team appearances might hinder his chances of making it, while Alex Oxlade-Chamberlain might also have to wait to get his shot at a major tournament.
Bobby Zamora played under Hodgson at Fulham and certainly has an outside poke at 4/1, while Everton’s Phil Jagielka is on offer at 9/4 and needs to be included ahead of Terry and Lescott to stand a chance.
There has been a clamour for Grant Holt to be selected and the Norwich City forward couldn’t have had a better season although the bookies are prepared to offer 8/1 about the forward. Joe Cole was a Hodgson signing at Liverpool and can be backed at a massive 25/1, while we should probably ignore the 33/1 about David Beckham.