As of June 19, 2026, the 2026 FIFA World Cup group stage has completed its first two matchdays. Betting odds for the tournament winner have shifted significantly based on early performances. According to verified odds from major bookmakers, Brazil remains the favorite at odds of around 4.50, followed by France at 5.00 and Argentina at 6.00.
Notable movers include Germany, whose odds shortened from 10.00 to 8.00 after convincing wins, and Portugal, now at 9.00 following a strong start. England, despite a draw, holds steady at 7.00. Underdogs like Morocco and Japan have seen their odds lengthen after mixed results.
Value bets identified by analysts include Spain (odds 11.00) and the Netherlands (13.00), both showing solid form but overlooked by the market. Belgium, at 15.00, also offers potential value if they advance from a competitive group.
These odds are subject to change as the tournament progresses. All figures are based on publicly available data from regulated sportsbooks as of June 19, 2026.