A poor record of five group-stage exits from six attempts since reaching the semi-finals on home turf back in 1992 is reflected in the Sweden Euro 2020 odds.
Janne Andersson's side were solid in qualifying, picking up six wins and three draws from 10 outings to finish four points clear of third-placed Norway.
However, they only took one point off table toppers Spain and were soundly beaten 3-0 by La Roja in Madrid.
Finishing bottom of a tough Nations League pool behind France, Portugal and Croatia may have also exposed their limitations.
Talismanic striker Zlatan Ibrahimovic briefly returned from international retirement with the aim of featuring this summer but has sadly been ruled out by injury.
Manchester United defender Victor Lindelof and Everton reserve keeper Robin Olsen are familiar faces who will be involved, while RB Leipzig playmaker Emil Forsberg is highly rated and youngster Dejan Kulusevski has done well on loan at Juventus.
Goalkeepers: Karl-Johan Johnsson (Copenhagen), Kristoffer Nordfeldt (Genclerbirligi), Robin Olsen (Everton)
Defenders: Ludwig Augustinsson (Werder Bremen), Pierre Bengtsson (Vejle), Marcus Danielson (Dalian Yifang), Andreas Granqvist (Helsingborg), Filip Helander (Rangers), Pontus Jansson (Brentford), Emil Krafth (Newcastle), Victor Lindelof (Manchester United), Mikael Lustig (AIK)
Midfielders: Jens-Lys Cajuste (Midtjylland), Viktor Claesson (Krasnodar), Albin Ekdal (Sampdoria), Emil Forsberg (RB Leipzig), Dejan Kulusevski (Juventus), Sebastian Larsson (AIK), Kristoffer Olsson (Krasnodar), Robin Quaison (Mainz), Ken Sema (Watford), Mattias Svanberg (Bologna), Gustav Svensson (Guangzhou)
Forwards: Marcus Berg (Krasnodar), Alexander Isak (Real Sociedad), Jordan Larsson (Spartak Moscow)