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- Spain are 9/2 favourites to win the 2026 World Cup with bet365 ahead of Friday’s official tournament draw.
- England (6/1), France (7/1), Brazil (8/1) and Argentina (8/1) remain tightly bunched behind them.
- We assess the latest market, implied probabilities, and where to find top football betting sites and free bets.
Spain Move Into Favouritism at 9/2 Ahead of the 2026 World Cup Draw
With the highly anticipated World Cup 2026 draw taking place this Friday at Washington DC’s Kennedy Center at 12pm local time (5pm GMT), betting sites have been tightening their markets and Spain now lead the way at 9/2 with bet365.
The draw will feature 48 qualified nations, arranged into four pots of 12 teams based on FIFA rankings, with the co-hosts USA, Mexico and Canada joining the world’s top-ranked sides in Pot 1.
The completed draw will see 12 groups formed, each containing one team from each pot, shaping the entire path to the knockout rounds.
With anticipation building and speculation rising about potential “groups of death”, the outright winner market has become increasingly active.
Current World Cup 2026 Winner Odds
| World Cup 2026 Winner | Odds | Implied Probability |
|---|---|---|
| Spain | 9/2 | 18.2% |
| England | 6/1 | 14.3% |
| France | 7/1 | 12.5% |
| Brazil | 8/1 | 11.1% |
| Argentina | 8/1 | 11.1% |
Why Spain Lead the Market
Spain’s emergence as outright favourites is a product of several converging factors:
- A deep and technically skilled squad
- Exceptional pipeline of young talent
- Strong recent tournament form as European Champions
- Top-tier FIFA ranking earning them a Pot 1 position
Analysts also point to the tactical stability and youth development system that has revitalised the national team.
A favourable draw on Friday could easily see their odds shorten further.
The Main Challengers: England, France, Brazil & Argentina
England remain one of the most heavily backed nations with punters on UK betting sites.
Their blend of Premier League-driven talent and tournament experience puts them firmly in contention.
With arguably the deepest player pool in world football, France at 7/1 always demand respect.
Their price reflects both their immense potential and occasional unpredictability in tournament play.
Brazil remain football’s eternal powerhouse.
8/1 feels generous to many bettors considering their talent base, but inconsistency during recent qualifiers tempers enthusiasm.
About Friday’s World Cup Draw
The 2026 edition will be the first 48-team World Cup in history, meaning Friday’s draw carries more importance than ever.
With four pots of 12 teams, balanced largely by FIFA ranking, a nation’s route to the last 32 can vary dramatically.
A favourable group could act as a springboard for momentum; a tough group could immediately see a contender drift.
It's exactly why outright odds often shift sharply in the hours after the draw concludes.
What the expert says...
Where to Bet on the World Cup 2026 Winner Market
bet365 currently provide the market-leading set of odds listed above, along with a substantial new customer promotion:
Punters can also check out our list of the best football betting sites for further options.
