Eight teams remain from the original field of 32 with a chance to win the 2014 World Cup. According to Las Vegas betting odds, some nations have a much better chance of winning it all than others.

While there were a few upsets earlier in the tournament, as Spain, Italy and Portugal failed to move past the group stage, many of the top teams have reached the quarterfinals. Six of the eight teams that were expected to reach this point are still alive.

The United States and Switzerland made valiant attempts to surprise many and survive the Round of 16, but both came up short on Tuesday. Switzerland lost when they finally allowed a goal in the 118th minute, and Team USA saw its dream die, despite goalie Tim Howard recording 16 saves.

Brazil and Germany are the two favorites in the field, but they would meet in the semifinals, because of each team's place in the bracket. A Brazil-Argentina final is the most likely scenario.

Below are betting odds for the quarterfinal matches, as well as odds for each team to win the World Cup, courtesy of Bovada.lv.

Germany vs. France

The quarterfinals opener is expected to be the most competitive match of the round. There’s a good chance the contest will go into extra time, as neither team is an odds-on favorite to win in 90 minutes. Germany is considered to have a better chance of getting the victory at +130, but France isn’t too far behind at +210. The odds of the match being decided in extra time or a shootout are listed at +240.

A European team has never won the World Cup in South America, but Germany has good odds to break that trend at 7/2. France’s World Cup odds are listed at 7/1.

Brazil vs. Colombia

The second quarterfinal match is one of two that isn’t expected to need extra time. Brazil’s odds have been set at -130, while Colombia is a +350 underdog to win. The possibility of a draw in regulation is listed at +280.

Brazil has been the favorite to win the World Cup every step of the way. The host nation’s championship odds have been set at 11/4. Colombia’s 11/1 odds have them ranked sixth.

Argentina vs. Belgium

After both teams needed extra time on Tuesday to advance, they are expected to have one of the better matches in the quarterfinals. Lionel Messi and Argentina have the better odds at +115, while Belgium comes in at +250. The odds of a regulation draw are +240.

Belgium isn’t much of a longshot to reach the World Cup final four, even though their 12/1 championship odds rank them seventh out of eight teams. Argentina remains one of the favorites at 4/1.

Netherlands vs. Costa Rica

As the most unlikely team to reach the quarterfinals, Costa Rica is expected to have the hardest time advancing to the semifinals. They are heavy underdogs at +650 against the Netherlands, whose odds have been set at -225. The odds of a draw in regulation are +350.

At 40/1, Costa Rica’s championship odds are more than three times greater than the next team. The Netherlands are a legitimate contender at 9/2.