European squads from UEFA hold the strongest implied probability at 72.5% due to unmatched squad depth across multiple contenders, including Spain, France, England, Portugal, and Germany, which have dominated recent major tournaments and qualifiers. Early group-stage results have reinforced this positioning, with top European sides maintaining strong pre-tournament form despite minor injury absences. South American teams from CONMEBOL sit at 19.5%, anchored by defending champions Argentina and Brazil, though recent draws and key absences such as Rodrygo have tempered momentum. North American hosts in CONCACAF at 3.5% gain from home-soil familiarity and expanded 48-team format but face historical gaps in depth against elite opposition. Lower probabilities for CAF, AFC, and OFC reflect limited recent success and tougher paths through the expanded bracket.