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After beating France to book their place in the 2026 World Cup final, Spain have become the favourites to lift this year’s tournament, with La Roja now just one win away from claiming their first world title since being crowned champions in 2010.
Meanwhile, Argentina have established their status as current holders after beating England to reach the final and are priced between 6/5 and 13/10, with the outright market shifting following Les Bleus’ semi-final exit to Spain.
The table below compares the latest outright odds from bet365, BetMGM, Ladbrokes, William Hill and Betfred for the leading contenders, and is updated daily as the tournament progresses.
Latest World Cup 2026 winner odds
Odds correct as of 3:30pm on Saturday, July 18. Odds subject to change. 18+. T&Cs apply. GambleAware.org.
- Shortest price: Spain are shortest at 4/7 with Ladbrokes, with BetMGM coming next at 3/5; William Hill and Betfred offer slightly higher at 8/13, while bet365 has the most generous price at 13/20.
- Best price available: Argentina can be backed at 6/5 with William Hill and Betfred, with BetMGM and Ladbrokes offering slightly higher at 5/4, while bet365 has the best price on the market at 13/10.
- Biggest notable mover: Spain have become the new favourites to win the 2026 World Cup after eliminating France in the semi-finals, replacing Les Bleus at the head of the outright betting market
Each-way terms are also generally available on the outright winner market, typically paying out places for the top two or four finishers depending on the bookmaker, so it is worth checking those terms before committing to a longer-priced bet.
18+. New customers only. Min 1st dep £10. Certain deposit methods & bet types excl. Bet £1 single on England to reach the World Cup Final , prior to kick off at 66/1 for 13x £5 Free Bets (valid 4 days). Original price 2/1. Stake & winnings returned at original odds as cash on settlement. Restrictions + T&Cs apply.
Who are the favourites to win World Cup 2026?
Spain
Spain booked their place in Sunday’s World Cup final against Argentina by beating tournament favourites France 2-0 in Arlington, with Mikel Oyarzabal converting a penalty to move on to five goals for the competition before Pedro Porro doubled La Roja’s advantage in the 58th minute.
Luis de la Fuente’s side arrive as reigning European champions, having followed up their Euro 2024 triumph with another impressive run on the world stage, and they are now aiming to lift the World Cup for just the second time after their historic success in 2010.
There has already been a slice of history during this tournament, with teenager Lamine Yamal becoming only the second player aged 18 or under to score the opening goal in a World Cup match after Pele in 1958, a feat that also made him Spain’s youngest World Cup scorer since his Barcelona teammate Gavi found the net at Qatar 2022.
La Roja’s route through Group H was built on defensive discipline, finishing top without conceding a goal despite being held to a goalless draw by Cape Verde, and that solidity, combined with the emerging talents of Yamal and Pedri alongside a wealth of experienced players, has made Spain one of the tournament’s most complete teams.
A 1-0 victory over Portugal in the round of 16 secured Spain’s place in the quarter-finals for the first time since their triumphant 2010 campaign.
La Roja then edged past Belgium 2-1 thanks to another late strike from Mikel Merino before producing their most complete display yet with that semi-final win over France to reach the final.
Backers are effectively placing their faith in a side built on defensive resilience, tactical control and a gifted new generation, with Spain looking increasingly capable of emulating the golden era that delivered major honours between 2008 and 2012.
Current price range: 4/7 with Ladbrokes, with BetMGM coming next at 3/5; William Hill and Betfred offer slightly higher at 8/13, while bet365 has the most generous price at 13/20.
Argentina
Argentina booked their place in Sunday’s World Cup final with a dramatic late turnaround in Atlanta, coming from behind to beat England 2-1 and set up a showdown with Spain.
It is little surprise that La Albiceleste are among the favourites in the outright market, having arrived in the United States as defending champions after ending a 36-year wait for World Cup glory with victory over France in the 2022 final.
Lionel Messi remains the heartbeat of this side even at 39 years of age, and his tally of eight goals at this tournament has taken him to 21 for his World Cup career, making him the outright leading men’s scorer in the competition’s history after moving clear of Germany’s Miroslav Klose and France’s Kylian Mbappe.
Messi’s two assists against England also took him to 12 goal involvements at the tournament, the most of any player at the 2026 World Cup, putting him firmly in pole position to win the Golden Ball award for a third time.
Argentina are also the reigning South American champions following their 2024 Copa America triumph, and they progressed through the group stage in ruthless fashion, winning all three matches while conceding just one goal to finish top of Group J with a maximum nine points.
Messi extended both his all-time World Cup scoring record and his scoring streak by opening the scoring in Argentina’s 3-2 extra-time victory over Cape Verde, before Diney Borges turned Cristian Romero’s header from the Argentine captain’s corner into his own net in the 111th minute to settle the contest.
Argentina’s Round of 16 meeting with Egypt proved no easier, as Lionel Scaloni’s side fought back from two goals down to secure a dramatic 3-2 victory before they were pushed all the way again in the quarter-finals, eventually overcoming a 10-man Switzerland side 3-1 after extra time.
That pattern of leaving things late continued in the semi-finals, as England led through Anthony Gordon’s 55th-minute strike, only for Enzo Fernandez to equalise in the 85th minute before Lautaro Martinez headed home a Messi cross in stoppage time to complete another dramatic Argentina comeback.
La Albiceleste will now face Spain in the final at MetLife Stadium in New Jersey on Sunday, July 19, looking to become the first nation to retain the World Cup since Brazil achieved the feat in 1958 and 1962.
Current price range: 6/5 with William Hill and Betfred, with BetMGM and Ladbrokes offering slightly higher at 5/4, while bet365 has the best price on the market at 13/10.
18+. New customers only. Min 1st dep £10. Certain deposit methods & bet types excl. Bet £1 single on England to win the World Cup (€1 Max/Min). Prior to the final at 66/1 for 13x £5 Free Bets (valid 4 days). Original price 2/1. Stake & winnings returned at original odds as cash on settlement. Restrictions + T&Cs apply.
World Cup 2026 outright prediction / tip
Our pick: Spain
Best odds: 13/20 with bet365.
Reasoning:
- Spain beat tournament favourites France 2-0 in Tuesday’s semi-final to reach the final.
- La Roja have the best defensive record left in the competition, conceding just one goal in seven matches at the 2026 World Cup.
- Spain are unbeaten in 37 games over two years and are the reigning European champions, giving them the pedigree to go all the way.
Risk: Odds this short do not leave much margin for error, and an injury to a key player, a poor day against a well-organised opponent, or a tougher than expected quarter-final draw could all make this price look generous in hindsight rather than value.
How do World Cup outright winner odds work?
Betting on the outright winner means picking the single nation expected to be holding the trophy when the final is played on July 19, 2026.
That bet stays live throughout the tournament until the selected team either loses or wins it all, which in practice means they need to come through eight matches in total across the group stage, Round of 32, Round of 16, quarter-finals, semi-finals and final.
Prices shift constantly in response to results, team news and general market sentiment, tightening after big wins and drifting after setbacks or injuries to key players.
Brazil’s Round of 16 exit to Norway showed how quickly the market can change, with one of the pre-tournament favourites eliminated in the space of a single match.
Cash-out is also available on outright bets at all five bookmakers listed above, giving punters a way to lock in some return or limit losses if their team heads into a particularly awkward stretch of the draw.
Those new to tournament betting may find the World Cup betting sites page a good starting point, while the broader football betting guide covers markets beyond just the outright winner.
How often are World Cup 2026 winner odds updated?
These prices are checked every morning at minimum, with extra updates whenever a knockout match finishes, a notable injury is confirmed, or a major squad change is announced.
The odds in this piece are accurate as of 3:30pm BST on July 18, 2026, with the final taking place less than 29 hours from the most recent update.
FAQs
Who are the favourites to win World Cup 2026?
Spain sit at the top of the market at 4/7 with Ladbrokes, with BetMGM coming next at 3/5; William Hill and Betfred offer slightly higher at 8/13, while bet365 has the most generous price at 13/20.
Where can the best World Cup 2026 winner odds be found?
Prices differ from bookmaker to bookmaker throughout the tournament, so it is worth comparing bet365, BetMGM, Ladbrokes, William Hill and Betfred using the table above rather than taking the first price on offer. The bet365 review and Betfred review cover more on what each site offers.
Is it possible to open a new account to bet on the World Cup?
Yes, several bookmakers are running sign-up offers tied to the tournament, and the new UK betting sites page lists the latest ones available.
What makes the World Cup winner market different from other outrights?
Unlike shorter markets such as group winner or top goalscorer, the outright winner bet runs for the full length of the tournament and only settles once a team is knocked out or lifts the trophy, meaning there is still plenty of time for prices to move before July 19.
Is each-way betting available on the World Cup winner market?
Most bookmakers offer each-way terms on this market, though the number of places paid and the odds fraction used varies by operator, so it is worth double-checking the terms directly via the TNT Sports betting hub.
Adeyeye Oluwapelumi is a sports writer with more than 1,000 published articles covering football and major sporting events worldwide. His knowledge spans leagues across the globe, including the Premier League, La Liga, Serie A, Bundesliga and Ligue 1. Combining research, insight and creativity, he enjoys finding fresh angles and delivering engaging coverage of the game's biggest stories.