The knockout stage never disappoints, and it doesn’t appear like it will at the 2026 FIFA World Cup.
Brazil survived Japan on Monday in the Round of 32, winning 2-1 after trailing 1-0. Germany was not so lucky, however, losing to Paraguay 4-3 on penalty kicks, the first massive upset post-group stage.
Brazil will meet the winner of the Norway and Ivory Coast matchup in the Round of 16, and Paraguay gets the winner of France and Sweden.
Let’s dive into the full odds via FanDuel Sportsbook as of June 29.
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2026 World Cup Winner Odds
France: +260 (bet $10 to win $36 total)
Argentina: +400 (bet $10 to win $50 total)
Spain: +600 (bet $10 to win $70 total)
England: +700 (bet $10 to win $80 total)
Brazil: +950 (bet $10 to win $105 total)
Portugal: +1500 (bet $10 to win $160 total)
Netherlands: +1900 (bet $10 to win $200 total)
Colombia: +3300 (bet $10 to win $340 total)
United States: +3300 (bet $10 to win $340 total)
Norway: +3500 (bet $10 to win $360 total)
Morocco: +4000 (bet $10 to win $410 total)
Belgium: +4500 (bet $10 to win $460 total)
Mexico: +5500 (bet $10 to win $560 total)
Switzerland: +6500 (bet $10 to win $660 total)
Senegal: +10000 (bet $10 to win $1,010 total)
Ecuador: +10000 (bet $10 to win $1,010 total)
Croatia: +12500 (bet $10 to win $1,260 total)
Canada: +17500 (bet $10 to win $1,760 total)
Sweden: +20000 (bet $10 to win $2,010 total)
Ivory Coast: +20000 (bet $10 to win $2,010 total)
Here’s what to know about this oddsboard:
The Favorite: France is now the solo favorite atop the oddsboard. It opened its pursuit for a third World Cup title with a 3-1 win against Senegal and a dominant 3-0 win over Iraq. Les Bleus followed that up with a 4-1 win over Norway on Friday to clinch Group I. France will face Sweden in its Round of 32 match on Tuesday.
Upset City: Prior to Monday’s Germany-Paraguay matchup, the Germans were a -700 favorite to advance to the Round of 16, after having won Group E. Meanwhile, Paraguay finished third in Group D and lost 4-1 to the United States to open the tournament. But none of that mattered on Monday, after Paraguay took a 1-0 lead, then held on to force the game to penalty kicks, where it defeated Germany 4-3. Wow. Germany had previously never lost a penalty shootout in World Cup history (4-0). It was one of the largest upsets in World Cup history based on ranking, with Germany ranked 10th in the world and Paraguay ranked 41st.
