Analysis

Favourites in Trouble: 2026 World Cup's Biggest Fallers

By Zach Nichols··BRAGERNEDURUPORBEL

Which 2026 World Cup favourites fell short? Brazil, Germany, the Netherlands and Uruguay all crashed out early, far below their pre-tournament title odds.

The 2026 World Cup was brutal on its favourites. Brazil (11% title odds), Germany (8%), Portugal (7%), the Netherlands (6%) and Uruguay (4%) all fell before the semi-finals, and each exit undercut a side the markets had backed as a genuine contender. The clearest collapse belonged to Uruguay, who never left the group stage, but the most shocking was Brazil, eliminated in the Round of 16 by Norway.

Measured against pre-tournament title odds, the pattern is stark. Of the eleven teams rated at 3% or higher, only Spain and Argentina reached the final, and only France and England joined them in the last four. Every other heavyweight ran into trouble earlier than their status suggested, whether through a limp group campaign, a penalty shootout or a straight knockout defeat.

This is the story of the contenders who struggled and the giants who went out, ranked by how far their tournament fell short of expectation. The data is unforgiving: elite odds guaranteed nothing once the knockouts began.

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Which favourite fell earliest?

Uruguay were the most damaging early casualty. A 4% title pick and a fashionable dark horse under Marcelo Bielsa, the Celeste finished third in Group H on just two points with a minus-one goal difference, behind Spain and debutants Cape Verde. For a side ranked 17th in the world and tipped by many to reach the last eight, a group-stage exit was the tournament's biggest single letdown relative to expectation.

No other team rated above 3% went out in the groups, which is why Uruguay's failure stands alone. They were not beaten by circumstance so much as by their own inability to win matches: two points from three games is a return that leaves no room for complaint about the draw.

Uruguay's exit also reshaped Group H's narrative. Cape Verde, a 0.1% outsider making their World Cup debut, went through as runners-up and went on to trouble Argentina in the knockouts. That contrast, a fancied 4% side out and a 0.1% debutant advancing, captures how thoroughly the form book was torn up in the opening fortnight.

Why did Brazil crash out?

Brazil's elimination was the headline shock of the knockout rounds. Ancelotti's Seleo topped Group C with seven points and edged Japan 2-1 in the Round of 32, but ran into Norway in the last 16 and lost 2-1. As the third favourites at 11% and a nation chasing a sixth world title, going out at the first serious hurdle of the knockouts was a failure that will sting for years.

The manner mattered as much as the result. Norway, a 2% outsider, rode Erling Haaland's power and Martin degaard's control to beat Brazil, having already knocked out Ivory Coast on their way through. Vincius Jnior's four goals made him one of the tournament's better attackers, but Brazil could not find the collective solidity to match their individual talent when it counted.

Brazil's run flattered to deceive. A tidy group stage and a comfortable enough first knockout tie masked the fragility that Norway exposed, and their exit removed one of the pre-tournament title favourites at the Round of 16, well short of the semi-final berth their odds implied.

Germany and the Netherlands: penalty heartbreak

Two of Europe's most storied sides went out at the very first knockout stage, and both on penalties. Germany, an 8% pick built around Florian Wirtz and Jamal Musiala, topped Group E but were held 1-1 by Paraguay in the Round of 32 and lost the shootout 4-3. The Netherlands, rated 6%, won Group F impressively yet were pegged back to 1-1 by Morocco and beaten 3-2 on spot-kicks.

For both nations the numbers make grim reading. Germany and the Netherlands were the joint-highest-rated teams to fall in the Round of 32, and neither managed a single knockout victory. A shootout is a coin-toss, but arriving at one against Paraguay (0.4%) and Morocco (3.5%) rather than winning in normal time is itself a sign of a favourite failing to assert control.

Morocco, at least, went on to justify the upset, reaching the quarter-finals before losing to France. That gives the Dutch defeat a little context. Germany's loss to Paraguay had no such silver lining, and their earliest possible knockout exit ranks among the biggest underachievements of the tournament for a side many had installed as a semi-final certainty.

Pre-tournament title odds of the fallen favourites
Brazil11%
Germany8%
Portugal7%
Netherlands6%
Uruguay4%
Morocco3.5%
Belgium3%

Portugal and Belgium: two golden generations undone by Spain

Spain did as much as anyone to thin the ranks of the favourites. Portugal, a 7% pick in what was billed as Cristiano Ronaldo's farewell, actually finished second in Group K behind Colombia, then beat Croatia 2-1 in the Round of 32 before losing 1-0 to Spain in the last 16. It was a competitive exit, but an exit all the same for a squad the markets rated among the top seven.

Belgium travelled further and still ran into the same wall. A 3% side in transition, they survived a 2-2 scare against Senegal on penalties in the Round of 32, then crushed the United States 4-1 in the last 16 before Spain beat them 2-1 in the quarter-finals. For a golden generation long accused of underachieving, a last-eight finish was respectable yet familiar.

Both defeats underline Spain's role as the tournament's great favourite-killer. The Euro 2024 winners and 16% top pick knocked out Austria, Portugal and Belgium on their way to the final, ending Portuguese and Belgian hopes at the last 16 and quarter-finals respectively.

Did any favourite escape trouble entirely?

Even the sides that went deep had uncomfortable moments. Argentina, a 12% pick, topped Group J with a perfect nine points but were held 1-1 by Cape Verde in the Round of 32 and needed a 1-1 draw and the margins to see off Switzerland in the quarter-finals before reaching the final. Reigning champions rarely cruise, and the Albiceleste's path was more of a grind than their odds suggested.

France, the world number one and joint 12% favourite, looked the most convincing of all in the groups, winning Group I with nine points and a plus-eight difference, and they dispatched Sweden 3-0 and Morocco 2-0 in the knockouts. Yet their tournament still ended in disappointment: a 2-0 semi-final loss to Spain, then a 6-4 defeat by England in the third-place match left the pre-tournament co-favourites fourth.

England themselves offer the same lesson. A 10% pick under Thomas Tuchel, they beat Mexico and Norway to reach the semis, lost 2-1 to Argentina, and then won a remarkable third-place match 6-4 against France. A top-three finish is progress by recent standards, but for a side carrying 60 years of expectation, falling in the last four still counts as trouble.

What the fallen favourites tell us about 2026

The through-line of World Cup 2026 was that pre-tournament odds bought no protection. Brazil, Germany, Portugal, the Netherlands, Uruguay and Belgium, six of the eleven teams rated 3% or higher, were all gone before the semi-finals, and France and England reached the last four only to fall short of the final.

Two forces did the damage. The first was the shootout lottery, which claimed Germany and the Netherlands at the Round of 32 and nearly caught Argentina and Belgium too. The second was a cluster of well-drilled outsiders, from Norway and Morocco to Cape Verde, who repeatedly punished heavyweights that could not translate talent into control.

Only Spain and Argentina, the tournament's top two in the betting at 16% and 12%, navigated the chaos to reach the final, which finished 0-0. For everyone else in the elite tier, 2026 was a reminder that a place among the favourites is a target on your back, not a guarantee of survival.

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Frequently asked

Which 2026 World Cup favourite went out earliest?

Uruguay, a 4% title pick under Marcelo Bielsa, were the earliest big-name casualty, finishing third in Group H on two points and failing to reach the Round of 32. No other side rated above 3% was eliminated in the group stage.

Did Brazil win the 2026 World Cup?

No. Brazil, the third favourites at 11%, were knocked out in the Round of 16, losing 2-1 to Norway. It ended Carlo Ancelotti's chase for a sixth star at the last-16 stage.

How far did Germany get at World Cup 2026?

Germany reached only the Round of 32, where they were held 1-1 by Paraguay and lost the penalty shootout 4-3. For an 8% pre-tournament pick it was a bruising early exit.

Which big teams lost on penalties in 2026?

Germany lost their Round of 32 shootout 4-3 to Paraguay, and the Netherlands went out 3-2 on penalties to Morocco at the same stage after a 1-1 draw.

Did France or England win the World Cup 2026?

Neither reached the final. France, the world number one and a 12% pick, finished fourth after losing the semi-final 2-0 to Spain and the third-place match 6-4 to England, who lost their own semi 2-1 to Argentina.