The 2026 FIFA World Cup doesn’t kick off until June 11, but the biggest day in the build-up to the World Cup has arrived.
That’s right, the draw is (almost) upon us. The 2026 FIFA World Cup Final Draw is expected to draw millions of eyeballs across the planet when it starts at 12 p.m. ET on FOX. For Newsweek’s full live coverage of this event, check out our live blog here, which will include up-to-the-minute reactions as we find out which teams will be playing in which groups.
For now, we’re focusing on the odds before we know the all-important groupings. Later today, we’ll break down the updated 2026 FIFA World Cup betting odds following the draw.
How To Watch 2026 FIFA World Cup Final Draw
- Start time*: 12 p.m. (all times ET)
- TV: FOX
*We’ll let you in on a little secret: Coverage of what promises to be a grandiose affair starts at 12. The draw itself is not scheduled to get underway until 12:45 p.m.
2026 FIFA World Cup Betting Odds: Euro 2024 Champ Spain Consensus Favorites
As you can see below, four of the top sportsbooks in the country — FanDuel, DraftKings, bet365 and BetMGM — all see Spain as the clear favorite, followed by usual suspects England, France, Brazil and Argentina.
The favorites’ odds are unlikely to change based on which groups they land in, but don’t be surprised to see a significant shake-up in how second- and third-tier contenders’ are priced once their groups are determined.
2026 FIFA World Cup Betting Analysis, Biggest Questions
Given the youth of the Spain squad that not only won — but largely dominated — Euro 2024, it’s no surprise to see current FIFA No. 1 La Roja atop the outrights markets for the first 48-team edition of the FIFA World Cup.
The competition for this team will be fierce, though, as England, France, Brazil and Argentina all boast tremendous depth at just about every position. Germany and Portugal both will enter the tournament as darkhorses after Spain, England, France, Brazil and Argentina, but both have the talent to make a deep run.
A few of the biggest questions regarding the top contenders include:
Newsweek may earn an affiliate commission if you sign up through any links in this article. See the sportsbook operator’s terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.