Spain's World Cup Odds Fall After Draw vs. Cabo Verde; France Now Favored

The first truly shocking result at the World Cup has just taken place. Pre-tournament favorite, Spain, failed to beat Cabo Verde in their opening match. Cabo Verde has a population of just 524,000 and has never appeared in a World Cup. In their first ever match, they managed to play to a draw against the best team in the world.

As a result, the betting market no longer sees Spain as the favorites to win it all. It's now France that holds the top spot on the odds list. Let's take a look.

World Cup Odds After Spain Draw vs. Cabo Verde

Top 20 odds via DraftKings Sportsbook

France +450
Spain +500
England +750
Portugal +800
Argentina +1000
Brazil +1100
Germany +1300
Netherlands +1600
Belgium +3500
Norway +3500
Morocco +3500
USA +4000
Colombia +5000
Mexico +5000
Japan +5500
Uruguay +6500
Switzerland +8000
Croatia +9000
Sweden +10000
Ecuador +10000

Make no mistake about it, Spain is still one of the top options, but its odds have fallen from +420 to +500. Spanish fans can take comfort in the fact that Argentina lost outright to Saudi Arabia during the Group Stage of the 2022 World Cup, but went on to win the whole thing. This is far from the end of the road for Spain.

Spain's main focus should be to try to win the group now. To do that, they'll likely defeat both Uruguay and Saudi Arabia. They'll be heavy favorites in both of those matches.

While Spain's odds fell, Cabo Verde's odds improved from +250000 to +100000. No one thinks this draw means they can contend for a World Cup title, but squeaking a point out against the top team in the group does a lot for their hopes of advancing to the knockout stage.

The other two teams in the group, Uruguay and Saudi Arabia, will face each other in a match later today. Uruguay is set as the -235 favorite in the three-way moneyline.

Spain's next match will be against Saudi Arabia on Sunday. Cabo Verde will face Uruguay that day.

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