USA Soccer World Cup
The U.S. men's soccer team has never won the World Cup. Reuters

The 2014 World Cup betting odds for the U.S. men’s soccer team have greatly improved after their second game, despite a disappointing finish to its match with Portugal.

After the team beat Ghana in its opener, Team USA saw its championship odds improve from 100/1 to 80/1. Following their 2-2 tie with favored Portugal, Bovada.lv has placed the team’s odds at 66/1.

The U.S. is still a long shot to win its first ever World Cup. Eleven teams are considered to have a better chance of winning it all.

Twenty-seven teams still have a chance to win the tournament, but that number will be whittled down to 16 on Thursday. While the Americans aren’t likely to take home the title, they are expected to advance past the group stage.

All of Group G will be in action on Thursday, and there are a number of scenarios in which the U.S. will advance. They are a -500 favorite to reach the Round of 16, while their odds of falling short have been set at +325.

If the U.S. doesn’t get eliminated, they’ll likely advance as the second-place team in the group. They are tied atop the Group G standings with Germany, who holds the tiebreaker. Team USA needs a win over the Germans on Thursday to win the group, and the odds of a U.S victory have been set at +1000. Germany is a -2500 favorite to leave their match against the U.S. with either a win or draw.

Portugal’s draw with the U.S. kept them alive in the tournament, though they have a slim chance of making it to the next round. Their championship betting odds come in at 80/1. Ghana’s 250/1 odds are the lowest of any team in Group G.

Portugal and Ghana will meet on Thursday, and both teams a need a victory if they want a chance to advance. Portugal’s odds to qualify are listed at +800, while Ghana’s odds to advance have been set at +500. Neither team can win the group.

Brazil remains the favorite to win the World Cup at 10/3, while Germany has become the second favorite at 7/2. Nine teams have odds of 25/1 or better, including five European nations.