Punters have backed Belgium from $19 into $12 at Sportingbet to win the World Cup after the European side sealed a quarter-final spot with a thrilling 2-1 extra-time win over the United States.

Brazil’s odds of winning the tournament have also been shaved from $3.85 to $3.75 at Sportingbet.com.au after two days of steady support from punters. Brazil remain solid favourites ahead of Argentina ($5), Germany ($5.25) and Holland ($5.50).

“Brazil continues to be the punters’ pick and around 20% of the total money we are holding for the tournament winner is for the hosts,” Sportingbet’s Andrew Brown said.

Lionel Messi is a $3 favourite ahead of James Rodriguez ($4) and Neymar ($4.50) to be the tournament’s top goalscorer.

2014 FIFA World Cup winner

Sportingbet.com.au market

Brazil $3.75

Argentina $5

Germany $5.25

Holland $5.50

France $8.50

Belgium $12

Colombia $12

Costa Rica $51