New Zealand enters Group G as the clear underdog, with trader consensus assigning it the highest implied probability of finishing last due to its significantly lower FIFA ranking and limited depth compared to Belgium, Egypt, and Iran. The All Whites have struggled against stronger opposition in recent qualifiers and friendlies, while Belgium’s experienced squad under Rudi Garcia boasts superior attacking options and defensive organization that typically secure points in such groups. Egypt and Iran bring established tournament experience and solid recent form in AFC and CAF competitions, positioning them as mid-tier sides unlikely to finish bottom but still vulnerable to upsets. With matches beginning June 15 across West Coast venues and no results yet posted, the market reflects pre-tournament assessments of squad quality, head-to-head history, and expected goal differentials rather than in-group momentum.