2026 Football World Cup Odds: Who are the favourites?

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As the World Cup finals near the excitement is starting to build as the final pieces of the puzzle, the remaining entrants from the playoffs get decided and join the groups. Now this has been finalised it is possible to really dig deep into each teams chances, what the odds of them winning are, and who the bookmakers have listed as the favourites.

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The favorites to win the 2026 World Cup

This is quite an open World Cup and there are five teams at the top of the market all available at under ten to one. We will look at each of these five favourites below:

Spain - Odds to win 5.85

The outright favourites across the board this year are Spain and it is easy to see why. They have an outstanding head coach in Carlo Ancelotti and are top of the FIFA ranking .

It has been over two years since they last lost a game in normal time and they have played top teams in that time, only losing the Nations league final on penalties. In every game they play they will be the favourites to win and there is good reason for this, there is not a weak area anywhere in the team.

They are in a pretty tough group but expecting to win the World Cup by only having easy games is unrealistic, Spain are justified to be favourites.

Spain to win the World Cup 2026
5.85
Megapari

 

England - Odds to win 7.5

To us this is a surprise, England are second favourites and on paper they have had a good run coming into the tournament in terms of not losing, but some of their wins were laboured and hard work and some of the draws from winning positions a worry over concentration and stamina.

The team are well balanced and with German coach Thomas Tuchel on the bench it could add the tactical nuance required to get them over the line and claim a major title, after coming close a few times recently. It is this recent form that is likely propping up their title chances but for us they are likely to leave the group but unlikely to progress deep into the tournament.

England to win the World Cup 2026
7.5
Megapari

 

France - Odds to win 8

The squad still contains some of the veterans of the 2018 World Cup winning team and 2022 finalists, so there is obviously an abundance of experience but some are beginning to look tired. They are completed by new faces and this generation contains skill, no question about it, the question is whether or not as a team they will all be able “click”.

They start with a difficult "group of death" but on the plus side once that is cleared the next few games are likely to be relatively easy as they advance. It is understandable why France are amongst the favourites and so far the odds most represent their chances and could be worthy of a bet.

France to win the World Cup 2026
8
Megapari

 

Brazil - Odds to win 9.1

As the tournament has grown closer the odds on Brazil winning it have slowly drifted out, not dramatically, but that has been the trend. What has not helped is some recent results, for example losing to both Bolivia and Japan in friendlies at the end of last year.

The other thing that has not helped is since the draw has been made it has become apparent that their likely path to the final will bring them to the quarter-finals against England and the semi-finals against Argentina. If they finish first...

If Brazil finishes second then they could face France in the quarter-finals and Spain in the semi-finals. Either way looks tough but having said that there is no way to get to the World Cup final without playing the best teams in the World so perhaps this element is being overdone.

Brazil are Brazil, which says it all, you never, ever, write them off too soon. It is understandable they are amongst the leaders in the betting.

Brazil to win the World Cup 2026
9.1
Megapari

 

Argentina - Odds to win 9.6

As the current holders it is fair to say that Argentina are the team to beat. They still have Lionel Messi has "aged" but his mere presence in the squad will still inspire his teammates and intimidate their opponents.  There are a lot of other positives too, many teams will struggle with the condition but in the recent Copa America that they won, it was held in the USA and showed that it can withstand them just fine.

The team is a comfortable mix of experience with Julian Alvarez and Lautaro Martinez and also the "new" stars Almada, Paz, Mastaduno, etc.

The odds on Argentina appear generous and are also worth considering.

Argentina to win the World Cup 2026
9.6
Megapari

Odds of winning the 2026 World Cup - Every team's chances!

At the time of writing these odds were correct.

⚠️ But as time goes on and the tournament progresses, whilst we, at Allbets.tv, will endeavour to keep the information up to date sometimes the odds will be out of date so always check your betslip at the bookmaker carefully.

TimeOddsBookmaker

Spain

5.85 Megapari
England7.5 Megapari
France8 Megapari
Brazil9.1 Megapari
Portugal9.5 Megapari
Argentina9.6 Megapari
Germany13.7 Megapari
Netherlands23 Megapari
Norway28 Megapari
Belgium38 Megapari
Colombia43 Megapari
Uruguay43 Megapari
Mexico55 Megapari
USA55 Megapari
Croatia65 Megapari
Ecuador70 Megapari
Morocco70 Megapari
Sweden75 Megapari
Japan85 Megapari
Switzerland85 Megapari
Haiti100 Megapari
Bosnia100 Megapari
Turkey100 Megapari
Tunisia100 Megapari
Scotland100 Megapari
Australia100 Megapari
Paraguay100 Megapari
Curacao100 Megapari
Ivory Coast100 Megapari
Egypt100 Megapari
Iran100 Megapari
New Zealand100 Megapari
South Africa100 Megapari
South Korea100 Megapari
Czech Rep100 Megapari
Canada100 Megapari
Qatar100 Megapari
Cape Verde100 Megapari
Saudi Arabia100 Megapari
Senegal100 Megapari
Iraq100 Megapari
Algeria100 Megapari
Austria100 Megapari
Jordan100 Megapari
Uzbekistan100 Megapari
DR Congo100 Megapari
Ghana100 Megapari
Panama100 Megapari

The 2026 World Cup Analysis - Underdogs to watch

USA & Mexico

The home nations usually do better than expected in World Cups. You have to go way back to France in 98 to find a team that has actually won it, but many have over performed, South Korea when they were joint hosts got to the Semi finals, Russia when they hosted were only denied the Semis because of a penalty shoot out, even countries who have not progressed far still did better than they might have othewise.

It could be a mixture of extra support from the crowd, not having to travel to unfamiliar places with different climate and food and everything that goes with it. Nothing on its own enough to make a team World Cup winners perhaps but the home nations certainly have an edge.

⭐ The odds do not really reflect that and both the USA and Mexico have half decent teams, so the odds on offer now are value.

(You can include Canada in this logic but the Canadian team is still a tier below the USA and Mexico so unlikely to leave the group stage regardless) 

USA to win
55
Megapari

 

Mexico to win
55
Megapari

 

Norway

It does not take a genius to guess why we have Norway as a team to watch, it is that man Erling Haaland. He can turn games on their head all by himself and having him up front (as well as tracking back to defend) is a wild card where it is always impossible to rule Norway out of the game, regardless of who they face.

When he is on form, he is unplayable, and so Norway to win outright is going to be an interesting bet at some fancy odds.

Norway to win
28
Megapari

 

Japan

Under Hajime Moriyasu the Japanese team is one of the most tactically disciplined sides in the world. They play as a unit with fast transitions, organised pressing, and they defend as one. There is no “superstar” in the squad which has helped keep them under the radar and in a tournament not relying on one player can be an advantage.

Japan has already shown in past World Cups that they can mix it with the big boys having beaten Germany and Spain at the 2022 World Cup, they beat Brazil late last year in a friendly and have been consistently competitive against top European sides

⭐ Of course they are unlikely to be able to go all the way, but the odds on offer look like great value just in case and to give an extra runner in the race.

Japan to win
85
Megapari

Past Winners of the FIFA World Cup!

Since 1930 13 countries have played in a world cup final making it one of the hardest competitions to win internationally. From these only 8 nations have had the honour of lifting the famous Jules Rimet trophy while 5 have fallen at the final hurdle losing in the final match. All these teams were from South America or Europe, the two traditional powerhouses in this competition.

12 more teams have made it to at least the semi finals in the competition and competed in the 3rd/4th playoff match. 8 European nations, and 1 each from North America (USA), Asia (South Korea), Africa (Morocco) and South America (Chile).

All the past finalists are listed below.

FlagCountryWonRunners UpSemi Finals
Brazil flagBrazil5 (1958, 1962, 1970, 1994, 2002)2 (1950 *, 1998)4 (1938, 1978, 1974, 2014)
Germany flagGermany4 (1954, 1974 , 1990, 2014)4 (1966, 1982, 1986, 2002)5 (1934, 1958 1970, 2006, 2010)
Italy flagItaly4 (1934, 1938, 1982, 2006)2 (1970, 1994)2 (1978, 1990)
Argentina flagArgentina3 (1978, 1986, 2022)3 (1930, 1990, 2014)0
France flagFrance2 (1998, 2018)2 (2006, 2022)3 (1958, 1982, 1986)
Uruguay2 (1930, 1950)03 (1954, 1970, 2010)
England flagEngland1 (1966)02 (1990, 2018)
Spain flagSpain1 (2010)01 (1950)
Netherlands flagNetherlands03 (1974, 1978, 2010)2 (1998, 2014)
Hungary iconHungary02 (1938, 1954)0
Czech flagCzech Republic02 (1934, 1962)0
Sweden iconSweden01 (1958)3 (1938, 1950, 1994)
Croatia flagCroatia01 (2018)2 (1998, 2022)

World Cup Betting Tips

There is sadly no surefire way of winning every wager you make, if there was then it would not be called a gamble! However, below are some tips to remember and aid you in various markets when placing bets on the tournament.

1. Opening Matches are usually Close

Not a hard and fast rule, but often teams will play it safe in their opening games. A draw is never a bad result, while a loss puts the pressure on straight away. Look for draws and upsets in the first group matches. The upsets below are games where the lower-ranked team has won.

YearGroup GamesDrawsUnderdog Wins
20221662
20181634
20141623
161673

2. Back Goals in Group Game 2

Game two is often make-or-break for teams and managers will need to send on attackers to get a result to stay in the tournament. In the last 4 years the 2nd group games have been the highest scoring on aggregate in two of them. Look at BTTS and goal markets for these games.

3. Final Group games are unpredictable

With elimination a threat, teams may go all out in the final game of the group. In the past teams could be eliminated or going home but with 8 of 12 third placed teams going through to the last 32 these games could be as tight as the opening fixtures. There is little data on this to go on from recent years focus on bigger teams to handle the pressure as they have players used to big game situations.

4. Back the Hosts

With 3 home nations in this edition, this should be good advice. A home crowd brings the best out of teams and many have performed well above expectations in cup matches down the years. Only a very poor Qatar side and South Africa have gone out in the group stage, South Africa on goal difference after beating defending champions France. Unfancied USA and Japan made the Last 16 against expectations at home. Furthermore Switzerland, Mexico, Chile, South Korea and Russia have all recorded their best results as a host nation. Whilst England, Uruguay, Italy and France all recorded their first ever wins on home soil.

HostsGroup StageLast 16QFSFFIN
2322658 (6 Won)

5. Use Bonuses to Your Advantage

Bookmakers will offer a multitude of special offers and sports betting bonuses for the duration of the finals. Use these to your advantage and shop around for the best online offers to boost your bets. These can take the form of odds boosts, special bets or money back offers.

6. Penalties Happen

In the knockout stage penalties are now a regular occurrence. Extra time is often a nervy affair with both sides not prepared to take risks. A bet on the draw in a knockout match can represent good value whatever the result after spot kicks. Equally an in-play bet at 90 minutes on no goal to be scored or a draw would have been correct in 16 of 24 knockout matches in the last 4 World Cups.

World CupKnockout GamesPenalty Shootouts / Extra Time
2022166 / 6
2018164 / 6
2014164 / 8
2010162 / 4

7. Golden Boot Winners

Golden Boot winners are often flat track bullies - If you are unfamiliar with that term, it means they score lots of goals against poor opposition. Look for a quality striker with favourable games who is likely to play them all. Mbappe was the only Golden Boot winner who scored more goals in knockout matches than group games in the last 5 years. In 1994 Oleg Salenko won a share of the golden boot with 6 goals in group games.

YearGolden Boot WinnerGoalsGroup Stage Goals
2022Kylain Mbappe83 - Denmark (2), Australia (1)
2018Harry Kane (ENG)65 -Panama (3), Tunisia (2),
2014James Rodriguez (COL)63 - Greece (1), Ivory Coast (1), Japan (1)
2010David Villa (SPA)53 - Honduras (2), Chile (1)
2006Miroslav Klose54 - Costa Rica, Ecuador (2)

8. Back the Favourites in the Later Stages

There is a reason that only 13 of 206 total FIFA member nations have won this tournament; the big teams tend to handle the pressure better. They win the big games, back the favourites in the semi-finals and quarter-finals. Realistically, the only surprise finalists since 1990 have been Croatia. Squad quality and tournament fatigue often kick in for surprise packages at this stage. In 2026 the extra round might mean this happens at the last 16 stage.

In the table below the “underdog” is the lower-ranked team at the time of the match.

YearQuarter FinalsUnderdog WinsSemi FinalsUnderdog Wins
20224220
20184021
20144020
20104120
TOTALS16381

9. There's Usually Goals in the 3rd/4th Playoff

In twenty 3rd/4th playoff matches over the World Cup’s history a BTTS bet would have been correct in 15 of them. There have also been over 2.5 goals in all but three of them. These games are generally played out in a relaxed attacking atmosphere with both teams' players looking to finish the competition with a goal to remember it by and defence not a major concern.

FAQ. Frequently Asked Questions

  • Who are the favourites to lift the 2026 World Cup?

    At the moment Spain are the favourites as rightly so, but England are not very far behind them in the betting.

  • Who is hosting the 2026 World Cup?

    In 2026 the World Cup has been split between three nations, Canada, Mexico, and the USA. Mexico have the opening match and Canada has a few games played in their stadiums but if you view the fixtures list you will see the vast majority is going to be taking place in America.

  • Can I bet on the 2026 World Cup now?

    Yes you certainly can, betting has been available for a long time. Bookmakers have priced up the long term winner markets and the majority also offer prices for at least some betting markets for the opening group stage games.

  • Which is the best bookmaker for the 2026 World Cup?

    There is no one “best” bookmaker but read some of the reviews of the bookmakers listed on this site and you will have a good chance of finding the best bookmaker for you.

Author
Andrew Heaford
Andy has over 20 years of experience in the online gambling arena. The potted history includes being a bonus hustler, professional sports bettor, website owner, content writer and affiliate manager!
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