Online betting sites think Spain football team has the best chances of becoming the 2021 Olympic champions in the football tournament in Tokyo. Brazil, which is the current Olympic champion, is placed second on the list. France is third, whereas Germany and Argentina have equal chances and are fourth. Last possible winner is the host country, Japan.

Spain hasn't qualified for the previous Olympic event. Now their under-23 roster looks stronger. We will see Pedri, who was named the best young player of the Spain national team at Euro 2020. Carlos Soler, who has scored against Japan’s Olympic squad, will feature too. Spain possesses the best midfield in the 2021 Olympics, though previous results of this team are not so good — they tied against Japan (1-1).

Although Spain is the main bookmakers’ favourite, their triumph at this event is priced with the odds of only 2.79 (+180 American; 9/5 Fractional). This equals an approximate probability of 36%.

There are no star players in Brazil's roster, but their results look much better. They have won 8 of their last 12 matches while losing only 2. There are no serious opponents in their group, apart from Germany, which means that the Selecao may easily qualify for playoffs.

Brazil to receive 2 trophies in a row comes with the odds of 3.80 (+280; 14/5). Chances are around 26.3%.

France U23 roster is the third strongest in this event according to bookmakers. There are no young stars. This team won their single fixture, against South Korea (2-1). The Espoirs’ group looks the easiest. There are no favourites, and Japan is their strongest opponent

France to win the Olympic Summer Games 2020 comes with the odds of 6.00 (+500; 5/1) and 16.7% probability.

Germany and Argentina are equal in the list of betting sites’ favourites, with Argentina looking a bit stronger. The Albicelestes haven't lost 4 of their last 5 fixtures, whereas Germany's roster had no official games yet. Both teams are equally priced with the odds of 7.50 (+650; 13/2) to triumph. Chances of both are around 13.3%.

Japan is the last team in the Olympic football tournament, whose victory is possible to imagine. They have won 4 of their last 6 fixtures, in which they beat Argentina (3-0) and tied against Spain (1-1). These results look promising. Japan to win the home event comes with the odds of 14.50 (+1350; 27/2) and 7% probability.