2026 World Cup last-16 odds: markets for Portugal vs Spain and more

Ben Boland Published 06/07/2026

The 2026 World Cup is heating up nicely and the last-16 matches so far have been of an extremely high standard. Pre-tournament favourites France and England both overcame different challenges to reach the last eight, and they will soon be joined by four more teams before the tournament stops for its first day of rest on July 8.

Portugal vs Spain starts today at 3 p.m. ET in Arlington, Texas and, on paper at least, it is the most glamorous knockout fixture to date. It could potentially be Cristiano Ronaldo’s last ever World Cup appearance, so let’s take a closer look at the odds.

Portugal vs Spain last-16 World Cup odds at Stake

World Cup crypto betting sites have hundreds of markets for the Iberian clash, with one of the game’s giants facing an early exit from the tournament in Texas. Stake is one of the leading crypto casinos, renowned for its vast range of sports markets too, and for this game, they have Spain as clear favourites.

Portugal vs Spain odds at Stake

The outright market is the most simple one to wager on and the European champions can be backed at 1.89 at the time of writing — this would see a $10 bet return $18.90. Though Spain’s start to the tournament was a slow one, drawing with Cape Verde, Luis de la Fuente’s men have grown into the tournament and were excellent in the 3-0 win over Austria in the last round.

Editor’s pick

With Spain expected to win the game, if you are looking for value then other markets will likely be of interest. For example, Cristiano Ronaldo has had a mixed start to the tournament but has still managed three goals and confirmed that this will be his final World Cup. He is 2.80 to score at any time, and as the team’s designated penalty taker I think there is a very good chance that he finds the net, even if the outright result goes to Spain.

On that note, I see value at the current 1.67 for both teams to score — the two sides have each had a goalless draw but have otherwise been ruthless in front of goal.

Other last-16 World Cup games

The knockout stages of the 2026 World Cup have delivered real drama already, with England’s hard-fought 3-2 win over Mexico arguably the highlight. The standard has been set, and after the Portugal vs Spain game there are three more places in the quarter-finals.

Of the remaining games, which take place across Tuesday and Wednesday, there are some huge talking points. Not least in the USA’s game against Belgium after Folarin Balogun’s red card was controversially suspended, meaning that the star striker will be able to feature.

Odds markets for Portugal vs Spain at Roobet

It is this dramatic turn of events that has the hosts as marginal favourites to win the match in normal time; Belgium were almost eliminated in the last round against Senegal and are yet to convince in North America. Roobet is a strong option for this particular fixture and the site’s World Cup hub provides facts to help you make your decision.

If Mauricio Pochettino’s side can beat Belgium then they will reach their first quarter-final since the 2002 World Cup, facing either Portugal or Spain.

Promos for the matches

Above is a tiny selection of the current World Cup odds markets available. If you are planning to wager in the coming days, then the best way to get value is undoubtedly by claiming a promo. Pleasingly, during the tournament you have tens of strong options, and most are available to customers that are already registered.

GGBet’s World Cup promos are well worth considering, with multiple free bets available throughout the remainder of the tournament.

Ben Boland

About Ben Boland

Ben is the Lead Editor at Win.gg, bringing a decade of iGaming industry experience having worked for both the operator and affiliation sides. With a formal journalism background, he is responsible for ensuring that every piece of content that we publish is relevant, accurate and well-written. In his own time, he enjoys playing video games and especially enjoys Rockstar titles, considering Red Dead Redemption 2 the finest title ever made. He has also spent a lot of time playing GTA V over the years and is fascinated by how streaming is changing the landscape of the industry.

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