With the final 16 set at the World Cup, Brazil have been installed a 7-2 favourites to win their sixth title by bookmaker BetUS.
The Brazilians topped Group G and will play Chile on Monday in the knockout round. Chile are 30-1 for the title.
Spain and Argentina both are 4-1 as second favourites.
The European champion Spaniards topped Group H and face Iberian neighbours Portugal (12-1) on Tuesday, while Argentina have a Sunday game against Mexico (50-1).
The United States and Ghana, who meet on Saturday, are both at 40-1.
Another strong favourites, the Netherlands (6-1) meet Slovakia (80-1) on Monday night.
Germany (8-1) play England (9-1) on Sunday. Uruguay (10-1) beat South Korea (125-1) on Saturday. Paraguay (20-1) face Japan (50-1) on Tuesday.
— AP