Brazil made World Cup favourites after Spain defeat

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Brazil have been installed as favourites to win the World Cup by British bookmakers Ladbrokes after European champions Spain lost their opening Group H match to Switzerland in Durban on Wednesday.Brazil, who beat North Korea 2-1 in their opening Group G match on Tuesday have been installed as 4-1 favourites, while Spain, surprisingly beaten 1-0 by the Swiss, have drifted from 7-2 favourites to 5-1 second favourites alongside Argentina.Spain and Argentina are ahead of England, Netherlands and Germany who are all priced at 7-1."It was a return to the Spain of old," said Ladbrokes spokesman Nick Weinberg. "Their underachievers tag may not be confined to the history books just yet."LATEST BETTINGBrazil 4-1Spain 5-1Argentina 5-1England 7-1Netherlands 7-1Germany 7-1Italy 16-1France 25-1Portugal 33-1(Editing by Michael Holden)
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