2026 IIHF World Championship: Predictions and betting odds
By Klimentijs Konevs | Published: May 27, 2026, 10:05

Portugal are still chasing the biggest achievement in their football history. Team's best World Cup finish remains third place in 1966, while their most recent campaigns ended in quarter-final disappointments against Morocco in 2022 and France at Euro 2024.
Head coach Roberto Martinez replaced Fernando Santos after that Morocco defeat and has lost only four matches in his first 32 games in charge. Now the pressure is on to finally turn Portugal's talented generation into genuine champions at the 2026 FIFA World Cup.
Portugal are sixth favourites in the outright market. The odds on Portugal winning the World Cup currently sit at 11.00. If you expect Portugal to make a deep run but are unsure about them lifting the trophy, reaching the final market may offer better value. You can also check our full FIFA World Cup winner prediction for a complete breakdown of the main contenders and outright odds.
| Team | Odds to win | Odds to reach the final |
| 🇪🇸 Spain | 5.50 | 3.25 |
| 🇫🇷 France | 6.00 | 3.75 |
| 🏴 England | 7.00 | 4.00 |
| 🇧🇷 Brazil | 9.00 | 5.00 |
| 🇦🇷 Argentina | 9.00 | 5.00 |
| 🇵🇹 Portugal | 11.00 | 5.50 |
| 🇩🇪 Germany | 15.00 | 6.50 |
| 🇳🇱 Netherlands | 21.00 | 9.00 |
Portugal received one of the most favourable draws of the entire tournament and are overwhelming favourites to win Group K. Most bookmakers price them 1.40 to finish first, which says a lot about the perceived quality gap between Martínez's side and the rest of the group.
The Portuguese should realistically target a perfect nine points here. Their toughest opponent is Colombia, but the South Americans have question marks surrounding their recent form. Since losing the 2024 Copa America final to Argentina, the team have struggled for consistency, including disappointing results against sides like Canada, Peru and Paraguay.
Uzbekistan are making their World Cup debut after coming through Asian qualification, but the overall level of opposition they faced was far below what they will now encounter.
DR Congo also return to the World Cup for the first time since 1974 and qualified dramatically thanks to a stoppage-time goal against Jamaica. Still, this group simply looks too strong for them.
| ⚽ | To win group K | To qualify from group K |
| 🇵🇹 Portugal | 1.40 | 1.03 |
| 🇨🇴 Colombia | 3.75 | 1.14 |
| 🇨🇩 DR Congo | 11.00 | 1.66 |
| 🇺🇿 Uzbekistan | 29.00 | 2.75 |
Portugal will begin their campaign in Houston and should immediately look to make a statement. DR Congo rely heavily on defensive organisation and counterattacks, but they may struggle badly against Portugal's movement.
Uzbekistan are disciplined and should defend with numbers behind the ball, but the difference in individual quality is massive. If Portugal already have three points from the opener, this could also become an opportunity for Martinez to rotate parts of his squad. Still, if you want to bet on Portugal in the World Cup, the Asian handicap -1.5 goals at 1.70 looks like the most reasonable option here.
This should decide first place in Group K. Colombia remain dangerous thanks to Luis Diaz and their aggressive transition game, but Portugal's midfield control and overall attacking depth may ultimately prove too much over 90 minutes.
Portugal are expected to comfortably survive the group stage. The bigger question is how far Roberto Martinez's side can go once the knockout rounds begin. According to Portugal's World Cup outright odds, the Round of 16 and quarter-finals are the most likely stages for Portugal to fall short.
| Stage of elimination | Odds |
| Group stage | 15.00 |
| Round of 32 | 3.50 |
| Last 16 | 3.75 |
| Quarter-finals | 4.50 |
| Semi-finals | 7.00 |
| Runner-up | 10.00 |
| To win outright | 11.00 |
The most popular Portugal player bets for the World Cup include team top goalscorer, Golden Boot, Golden Ball, and Golden Glove markets. With stars like Cristiano, Bruno Fernandes, or Diogo Costa in the squad, Portugal offer plenty of interesting long-term betting options.
Ronaldo is the bookmakers' favourite to finish as Portugal's top scorer at the 2026 World Cup. The veteran remains the focal point of the attack and should continue as Portugal's main penalty taker in what is expected to be his final World Cup. Bruno Fernandes sits close behind after a record-breaking season where he registered 20 assists, the most ever in a single Premier League campaign.
Cristiano is currently placed seventh in the overall Golden Boot market at odds of 21.00. This is expected to be his final World Cup, and he remains Portugal's first-choice penalty taker. Bruno Fernandes is much further behind at 41.00, despite coming into the tournament in excellent form.
Diogo Costa is also gaining attention in goalkeeper markets. Portugal's number one is the ninth favourite to win the Golden Glove award at odds of 11.00.
In the Golden Ball market, Bruno Fernandes is the only Portuguese player currently sitting inside the top 10 favourites. The midfielder can be backed at 21.00 after another outstanding season.
Goalkeepers: Diogo Costa (Porto), José Sá (Wolverhampton Wanderers), Rui Silva (Sporting CP), Ricardo Velho (Gençlerbirliği)
Defenders: Tomás Araújo (Benfica), João Cancelo (Barcelona), Diogo Dalot (Manchester United), Rúben Dias (Manchester City), Gonçalo Inácio (Sporting CP), Nuno Mendes (PSG), Matheus Nunes (Manchester City), Nélson Semedo (Fenerbahçe), Renato Veiga (Villarreal)
Midfielders: Samuel Costa (Mallorca), Bruno Fernandes (Manchester United), João Neves (PSG), Rúben Neves (Al-Hilal), Bernardo Silva (Manchester City), Vitinha (PSG)
Forwards: Francisco Conceição (Juventus), João Félix (Al-Nassr), Gonçalo Guedes (Real Sociedad), Rafael Leão (AC Milan), Pedro Neto (Chelsea), Gonçalo Ramos (PSG), Cristiano Ronaldo (Al-Nassr), Francisco Trincão (Sporting CP)
🚨🇵🇹 OFFICIAL: Portugal final World Cup squad has been released by Roberto Martínez. pic.twitter.com/IpHYs5m2zr
— Fabrizio Romano (@FabrizioRomano) May 19, 2026
Portugal are expected to use Roberto Martínez's preferred 4-2-3-1 formation with Cristiano Ronaldo leading the attack and Bruno Fernandes playing behind him as the main creator. Rafael Leão and Bernardo Silva provide pace and creativity on the wings, while Vitinha and João Neves control the midfield. Defensively, Rúben Dias remains the leader at the back, with João Cancelo and Nuno Mendes pushing forward from full-back areas.
Provisional Starting XI: Diogo Costa; João Cancelo, Rúben Dias, Gonçalo Inácio, Nuno Mendes; Vitinha, João Neves; Bernardo Silva, Bruno Fernandes, Rafael Leão; Cristiano Ronaldo.
Portugal's second game against Uzbekistan stands out immediately from a betting perspective. As we mentioned earlier, Portugal should have too much quality for the World Cup debutants, which makes the Asian handicap line look like the most optimal option for this match.
Another strong long-term angle is Portugal reaching the quarter-finals. Roberto Martínez's side have lost only three matches since July 2024. They have also beaten Euro champions Spain in the 2025 UEFA Nations League final. If Portugal finish first in Group K, the potential knockout path also looks manageable.
Finally, Portugal to finish the group stage with a perfect nine points offers excellent value. Colombia are the only real threat in Group K, but their form has seen better days, while DR Congo and Uzbekistan look clearly outmatched at this level.
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