France and Spain Lead 2026 World Cup Betting Odds

Key Takeaways:

France is the top favorite at +180 to win the World Cup.
Spain follows at +370, ahead of reigning champion Argentina at +400.
The US elimination was a major win for American sportsbooks.

The 2026 FIFA World Cup is down to its final eight teams, with France and Spain sitting atop the championship odds board just as they were at the beginning of the tournament. France has taken control as the clear favorite, with their odds shortening to +180 from +500 at the start of the festivities. Fabian Ruiz and Spain are now second on the odds board to win the World Cup, having improved to +370 from an opening price of +450 at the start of the tournament.

Argentina and England Remain in Contention

Reigning World Cup champion Argentina has seen significant odds movement since the event began, improving from +950 to +400. This shift allowed them to leapfrog England, who sit just behind the top three favorites at +470. The rest of the final eight features a solid gap in the World Cup betting market before reaching the remaining contenders.

Norway currently holds 15-1 odds to win the tournament, followed by another gap before reaching Morocco at 28-1. Belgium, who successfully advanced past the round of 16, and Switzerland round out the remaining championship odds board. Both Belgium and Switzerland are currently priced at 30-1 according to DK Sports.

US Elimination Benefits American Sportsbooks

The United States was easily the largest liability for every major American sportsbook during the tournament. Their elimination at the hands of the Belgians in the round of 16 was already a significant win for the house. With the American liability cleared, bookmakers are shifting their focus to the remaining favorites, a pattern seen across major betting tournaments like the Copa América betting markets.

Bookmakers at BetMGM and Caesars told ESPN they are now turning their attention to France. The French squad has attracted consistent attention from bettors since the tournament began. This liability includes wagers placed at longer prices since the market originally opened four years ago, part of a packed calendar of football betting markets that includes EFL Championship betting odds.