Now that the Qualifying is over and all countries to participate in World Cup 2010 are defined, it’s time to start talk about bettings, odds, and favorites to win the World Cup.
FIFA just announced the ranking of the best countries in the year so far. Do betters agree with FIFA?
The table below shows who are favourites, according to betters of Ladbrokes, the most traditional betting house in England (table is online today, November 23rd; bets are accepted till December 4th).

According to them, Spain is the main favorite to win the World Cup, with odds of 4:1 (betters make US$ 4 for each US$ 1 they bet). Brazil is second, with slightly higher odds of 9:2 (or 4.5:1). Other relevant candidates to winning are, in order: England, Argentina, Germany, Italy, Holland, Portugal and France. Countries with the highest odds (not shown in the table above) are North Korea (350:1), Honduras and New Zealand (both with 500:1).
Below, the current betting odds at William Hill, one of the major houses in the United States. Among the top ten favorites, the only difference between Americans and British betters is at 8th and 9th position, where France and Portugal switch positions.

Below, the odds at Sports Betting, another major American house; also, no change among the top favorites:

A few remarks about these odds: all but one ex-champions are among the favorites (the only exception is Uruguay); Spain, the top favorite so far (Spain is also favorite according to other parties, such as Goal and Eurosport), is top of the FIFA rankings, current European champion, and qualified to the Cup winning ten out of ten matches (in a group which included also Turkey, Belgium, Bosnia-Herzegovina, Estonia and Armenia); Brazil, as usual, is among the top favorites (not surprisingly, as Brazil finished first in the Qualifying, with three rounds in advance); Argentina had a very difficult time to secure a slot in the Cup, but also, as usual, ranks among the favorites.
How accurate are these odds? In 2006, the absolute favorite was Brazil, but the team failed long before the finals; the same happened in 2002, when France was favorite, and in 1998, when Argentina was favorite.
The History of World Cups show that not always the favorite wins, and one of the “usual suspects” take the title.
Tags: argentina, brazil, england, france, italy, odds, spain