FIFA World Cup 2026 Odds
France ($5.00) are now the clear outright favourite after early tournament results, with Spain drifting to $6.00. England ($8.00), Portugal ($9.00) and Argentina ($10.00) round out the top five. Australia have shortened dramatically from $501.00 to $176.00 — the Socceroos are already making waves. Full market and our picks below.
- →France $5.00 — now the clear market leader with Mbappe in form and a dominant squad depth advantage.
- →Australia $176.00 — a massive move from $501.00. The Socceroos are causing genuine upset potential in Group D.
- →Norway $26.00 — Haaland's first World Cup. The standout dark horse at this price with the Each Way cushion.
- →Portugal $9.00 — moved in from $13.00 pre-tournament. High quality squad, strong value each-way at this price.
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Complete winner market for the 2026 FIFA World Cup - 47 teams, current Sportsbet odds, Each Way terms and best Australian bookmakers for World Cup betting.
Updated 17 June 2026 · TOURNAMENT UNDERWAY · Final: 19 July 2026 · Source: Sportsbet · Each Way: 2 places, ½ odds · 18+
Top 5 Favourites - World Cup 2026
Full World Cup 2026 Winner Market
All 47 teams · Source: Sportsbet · Final: 19 July 2026 · Each Way: 2 places, ½ odds
| # | Team | Confederation | Odds |
|---|---|---|---|
| 1 | France ⭐ | UEFA | $5.00 |
| 2 | Spain | UEFA | $6.00 |
| 3 | England | UEFA | $8.00 |
| 4 | Portugal | UEFA | $9.00 |
| 5 | Argentina | CONMEBOL | $10.00 |
| 6 | Brazil | CONMEBOL | $11.00 |
| 7 | Germany | UEFA | $15.00 |
| 8 | Netherlands | UEFA | $17.00 |
| 9 | Norway | UEFA | $26.00 |
| 10 | Belgium | UEFA | $34.00 |
| 11 | USA | CONCACAF | $36.00 |
| 12 | Colombia | CONMEBOL | $41.00 |
| 12 | Japan | AFC | $41.00 |
| 12 | Morocco | CAF | $41.00 |
| 15 | Mexico | CONCACAF | $56.00 |
| 16 | Croatia | UEFA | $76.00 |
| 16 | Uruguay | CONMEBOL | $76.00 |
| 18 | Switzerland | UEFA | $81.00 |
| 19 | Ecuador | CONMEBOL | $91.00 |
| 20 | Austria | UEFA | $101.00 |
| 20 | Senegal | CAF | $101.00 |
| 22 | Türkiye | UEFA | $126.00 |
| 23 | Sweden | UEFA | $151.00 |
| 24 | Ivory Coast | CAF | $176.00 |
| 24 | 🇦🇺 Australia | AFC | $176.00 |
| 26 | Bosnia & Herzegovina | UEFA | $226.00 |
| 26 | Egypt | CAF | $226.00 |
| 26 | Scotland | UEFA | $226.00 |
| 29 | Canada | CONCACAF | $251.00 |
| 30 | Algeria | CAF | $326.00 |
| 31 | Paraguay | CONMEBOL | $401.00 |
| 32 | Tunisia | CAF | $476.00 |
| 33 | Cape Verde | CAF | $501.00 |
| 33 | Curaçao | CONCACAF | $501.00 |
| 33 | Czechia | UEFA | $501.00 |
| 33 | DR Congo | CAF | $501.00 |
| 33 | Ghana | CAF | $501.00 |
| 33 | Haiti | CONCACAF | $501.00 |
| 33 | Iran | AFC | $501.00 |
| 33 | Iraq | AFC | $501.00 |
| 33 | Jordan | AFC | $501.00 |
| 33 | New Zealand | OFC | $501.00 |
| 33 | Panama | CONCACAF | $501.00 |
| 33 | Qatar | AFC | $501.00 |
| 33 | Saudi Arabia | AFC | $501.00 |
| 33 | South Korea | AFC | $501.00 |
| 33 | Uzbekistan | AFC | $501.00 |
| 48 | South Africa | CAF | $1001.00 |
Source: Sportsbet · Updated 17 June 2026 · Each Way: 2 places at ½ odds · Odds subject to change · 18+ · Gamble responsibly.
World Cup 2026 - Analysis
France ($5.00) have moved to the top of the market and it is hard to argue with it. Mbappé is in devastating form and this French squad is arguably the most complete in the tournament — depth across every line, a world-class goalkeeper and the most dangerous forward in world football. They are the right favourite.
Spain ($6.00) are the reigning world and European champions and remain formidable. La Roja's high-press, technical style is tailor-made for knockout football. Their drift from favourite is more about France moving in than Spain falling out of form — they remain every bit as dangerous as their pre-tournament price suggested.
England ($8.00) are a settled, well-coached side. The Premier League base means no shortage of big-game experience, and at $8.00 they represent solid each-way value in a market this open.
Portugal ($9.00) are the standout value pick in the top tier. They moved in from $13.00 pre-tournament — a significant market signal. A high-quality squad built around Bruno Fernandes, Gonçalo Ramos and a defence that keeps clean sheets. Each-way at $9.00 is excellent at 2 places.
Norway ($26.00) — Erling Haaland's first World Cup. If Norway get out of their group, Haaland becomes extraordinarily dangerous as a focal point. At $26.00 each-way (paying $13.50 place), Norway are the dark horse play of the tournament.
For Australian punters: The Socceroos have moved dramatically from $501.00 to $176.00 — the market has taken notice of something early. At $176.00, an Each Way bet pays $88.50 place if Australia reach the final. Long shot, but at 2 places this is an interesting flutter for Aussie fans.
France WIN — $5.00. The banker of the tournament. Form, depth, Mbappé — everything lines up.
Portugal EW — $9.00. Best each-way value in the top tier. Moved in from $13 — follow the market. Pays $5.00 place if they reach the final.
Norway EW — $26.00. Dark horse of the tournament. Haaland at a World Cup for the first time. Pays $13.50 place if Norway reach the final. Punt-worthy at this price.
Analysis is editorial opinion only. Always gamble responsibly. 18+.
Best Bookmakers for World Cup Betting
Compare odds across multiple bookmakers - the World Cup winner market often varies by 10–20% between bookmakers.
