The 61-year-old singer, who represented the UK with 'Believe In Me', finished 19th out of 26 acts last night with 23 points.
The Welsh singer is flying the flag for the UK at the annual contest, which takes place at the Malmö Arena in Sweden this evening.
Bookmakers have given the Neath-born singer odds of 40-1 to win the contest, which will take place in Sweden.
Bookmaker Ladbrokes has ranked Bonnie Tyler as an outsider to win this year's Eurovision Song Contest.
She is currently placed with odds of 40/1 to win overall, and with odds of 2/1 to finish in the top ten.
@itvwales doubt it as the voting is political & neighbours & friends vote 4 each other. and guess what? we are an island!!
@itvwales Totally Eclipsed by this news
Laurie Parker: "She would be wasting her time, the contest is a joke and any decent singer wouldnt entertain it!"
Bryn Morgan: "Good luck to her, good luck"
Adele Williams: "It's all about politics. Doesn't matter who sings for us!"
Neath-born Bonnie Tyler is famous for hits including 'Total Eclipse of the Heart' and 'Holding Out For a Hero'.
She is known for her husky singing voice - the result of an operation to remove nodules from her throat in 1976, which could potentially have ended her career before it started.
Bonnie credits the surgery with helping develop her trademark vocals and later that year scored her first hit when her second single 'Lost In France' made the top 10.
I am truly honoured and delighted to be able to represent my country at Eurovision, and especially with such a fabulous song. I promise to give this everything that I’ve got for the UK!
Neath singer Bonnie Tyler plans to perform a track called 'Believe in Me' at this year's Eurovision Song Contest in Sweden - but will the UK really believe in her with our dismal Eurovision history?
At last year's competition in Azerbaijan, crooner Engelbert Humperdinck narrowly avoided a 'nil points' finish with his ballad 'Love Will Set You Free' - scraping into last-but-once place.
Even popular boy band Blue didn't make the top 10 in 2011, with the not-so-aptly named anthemic number 'I Can'.
Liverpudlian act Jemini didn't even get off the starting blocks after their track 'Cry Baby' scored zero points in 2003.
In fact, the last time the UK won the Eurovision Song Contest was in Ireland in 1997, when Katrina and The Waves stormed to victory with 'Love Shine A Light'.
Welsh singer Bonnie Tyler will represent the UK in this year's Eurovision Song Contest.
The 61-year-old will perform a track called 'Believe In Me', written by Desmond Child, Lauren Christy and Christopher Braide and produced by David Huff.
This year’s competition is in Malmö, Sweden, in May.