Socceroos Out — Your Guide to Betting the Rest of the World Cup

Updated July 2026
Licensed
Available in US
Fast payouts
18+ Only

Australia’s run ended on penalties against Egypt in the Round of 32 (1-1, 4-2 pens). The green and gold are gone — so here’s where the value sits for Aussie punters over the back half of WC 2026.

It ended the cruellest way it can. Australia are out of the World Cup, beaten by Egypt on penalties after a 1-1 draw over 120 minutes in the Round of 32 — Egypt winning the shootout 4-2 to reach their first-ever World Cup Round of 16. For a Socceroos side that topped nobody’s group of death predictions and still made the knockouts, it was a run to be proud of and a gut-punch of a finish. Now the neutral’s tournament begins. Here is the outright board and where we think the value sits.

A lone Socceroos fan in green and gold scarf watching the closing moments of a World Cup match on a big screen
The green and gold are out — but the World Cup betting board is wide open for Aussie punters.
Australia are eliminated (R32, lost 4-2 on pens to Egypt after 1-1). France are the outright favourite at around 2.70; Argentina the clear second. Below, the full picture and our value angles for backing the rest of the tournament.

How the Socceroos’ World Cup ended

Detail
Stage Round of 32
Result Australia 1-1 Egypt (after extra time)
Shootout Egypt won 4-2 on penalties
What it meant Egypt reach their first-ever World Cup Round of 16 (v Argentina, 7 Jul)

Result, source: FIFA / Al Jazeera match reporting, as of 5 Jul 2026.

No shame in the manner of it — a penalty shootout is a coin-flip, and Australia’s group-stage defence (only three conceded, a clean sheet in the run) got them within kicks of the last 16. The story now shifts to who lifts the trophy.

The outright board — who to back now

Team Outright (decimal) Read
France ~2.70 Clear favourite; into the QF v Morocco
Argentina ~5.60 Messi-led; clear second
Spain ~6.50 Unbeaten, yet to concede — but hit by injuries (below)
England ~10.0–11.0 Value if they survive the Azteca
Brazil ~11.0–12.0 Quality, but drew a tricky Norway tie
Portugal ~13.0–15.0 Ronaldo’s last dance; face Spain next
Morocco ~26.0–31.0 The dark horse; already in the QF

Outright odds, source: FOX Sports / ESPN futures, as of 5 Jul 2026 (AM ET). Prices are indicative ranges — books differ and the market is moving through the knockouts.

Injury watch that moves the board: Spain have lost Nico Williams (adductor) and Yéremi Pino (shoulder), both potentially for the rest of the tournament — a dent in their 6.50 price just as they meet Portugal in the R16.

Our value angles for Aussie punters

Angle Why it works
France to lift the trophy (~2.70) The cleanest “solo favourite” price left; already through to the QF
Morocco each-way / to reach the final (~26–31) Proven dark horse, already in the QF, defensively miserly
Argentina + Golden Boot double Messi is co-leading the Golden Boot on 7 goals — pair the outright with the player market

Angles are our read on the listed prices, not guarantees. Always confirm the live price before betting.

The connected market: Golden Boot

With no Socceroos left to cheer, the individual races are the next-best watch. Mbappé (France) and Messi (Argentina) are level on 7 goals and sit 1-2 in the Golden Boot market (Mbappé ~3.70, Messi ~4.00). Full breakdown on our Golden Boot race page.

Where to point your attention next

Fixture Kickoff (AEST) Why watch
Brazil v Norway 6:00 AM, Mon 6 Jul Haaland’s WC bow; Brazil have never beaten Norway
Mexico v England 10:00 AM, Mon 6 Jul The Azteca altitude test
Portugal v Spain 5:00 AM, Tue 7 Jul Iberian derby; Ronaldo v Yamal

Kickoffs converted to AEST (ET +14h). Source: CBS Sports schedule, 5 Jul 2026.

Boomerang Bet
Outright Winner and stage-progression markets in AUD — France, Argentina and Morocco all listed.
TikiTaka
Golden Boot and top-goalscorer props in AUD — Mbappé and Messi 1-2.
Rabona
To-reach-the-final and each-way outright specials for the dark-horse plays.
Gamble responsibly. 18+ only. Outright prices move daily — confirm before betting. Need a break? BetStop is the national self-exclusion register.
  • Australia are out — lost 4-2 on penalties to Egypt after a 1-1 draw in the R32.
  • France (~2.70) are the outright favourite and already in the quarter-finals.
  • Argentina (~5.60) clear second; Spain (~6.50) hit by the Nico Williams and Yéremi Pino injuries.
  • Best dark-horse ticket: Morocco (~26–31), already through to the QF.
Are the Socceroos out of the World Cup?
Yes. Australia lost to Egypt on penalties (4-2, after a 1-1 draw over extra time) in the Round of 32. Egypt advanced to their first-ever World Cup Round of 16.
Who is the World Cup 2026 favourite now?
France, at around 2.70 in decimal — clear favourite and already through to the quarter-finals, where they meet Morocco.
Who should Aussies back with Australia gone?
It depends on your style: France (~2.70) is the safe favourite, Argentina (~5.60) the Messi-led second, and Morocco (~26–31) the value dark horse already in the quarters. Always confirm the live price first.

More: the full winner odds board, the Golden Boot race, the Socceroos team page, our Dark Horses page and the live knockout bracket.