England has jumped into third favourites to win the World Cup with Sportsbet following their win over Columbia.

The three lions were $7.00 before the game but are now a $6.00 chance following their thrilling penalty shootout win.

Brazil are $3.75 favourites ahead of France on $4.50 and are the best supported team.

England are $1.28 to qualify for the Semi Final with Sweden a $3.30 shot.

“It looked like England had thrown it away but maybe this is their year to bring it home. The draw has opened up for them so they’ve never had a better chance to win it,” said sportsbet.com.au’s Will Byrne.

Markets courtesy of sportsbet.com.au

World Cup Winner

$3.75 Brazil (in from $4.00)
$4.50 France (in from $5.00)
$6.00 England (in from $7.00)
$6.50 Belgium (steady)
$6.50 Croatia (steady)
$15 Uruguay (in from $17)
$21 Russia (steady)
$23 Sweden (in from $41)

To Qualify for Semi Finals

$3.30 Sweden
$1.28 England

$2.90 Uruguay
$1.38 France

$2.37 Russia
$1.54 Croatia

$1.48 Brazil
$2.53 Belgium