The Real Madrid star was already odds-on at 4/6 before lifting the trophy but is now considered nailed on to land football’s top individual award for a third time in four years.
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Portugal’s captain only lasted 25 minutes of Sunday’s final after picking up a knee injury, but contributed three goals and three assists to his nation’s first major tournament triumph.
That success adds to a second Champions League crown with Real Madrid, although they were pipped to the La Liga title by Barcelona.
Holder Lionel Messi has now drifted out to 5/1 having endured contrasting fortunes with Argentina at the Copa America, calling time on his international career after losing a fourth major final in nine years.
The 29-year-old was considered favourite for the award at the start of the year, with Argentina expected to triumph in USA while Portugal were up against odds of 18/1 for the Euros.
Atletico Madrid’s Antoine Griezmann is now only marginally longer odds than Messi at 11/2 after landing the Euro 2016 Golden Boot with six goals, double the tally of any other player in the competition.
The top five players in Sky Bet’s market all ply their trade in Spain, with Luis Suarez following at 13/2 having topped Ronaldo, Messi and Griezmann in the La Liga scoring chart, with Gareth Bale 20/1 after leading Wales to the semi-finals in France.
