FIFA World Cup 2010 Betting - England New Second Favourites for Glory

England have been cut to 5/1 - from 6/1 - and are the new second betting favourites for the World Cup with English bookmaker Ladbrokes behind tournament favourites Spain at odds of 4/1.

Fabio Capello's men have leapfrogged Brazil in the betting who are out to 11/2 after England secured a relatively easy group in Group C alongside USA, Algeria and Slovenia.

And Ladbrokes are anticipating record-breaking interest in the 2010 spectacular in South Africa.

David Williams of Ladbrokes said: "World Cup fever is set to grip the country. We're bracing ourselves for football meltdown next Summer. Cape Town has whetted the appetite and we reckon England should be pretty chuffed with the draw."

At 5/1 England are at their shortest price heading into a World Cup in a whole generation.

"Bookies have enjoyed decades of fortune courtesy of stuttering England teams. For the first in a seriously long time there's a real feeling they can win and it's got us worried", added Williams.

Latest Betting Odds - World Cup Winner

Spain 4/1, England 5/1, Brazil 11/2, Argentina 9/1, Germany 10/1, Italy 10/1, Netherlands 11/1, Portugal 14/1, France 16/1, Ivory Coast 22/1