Portugal Soccer Betting & Latest World Cup Odds

Portugal World Cup Betting | Portugal vs Spain Round of 16 Odds | BUSR

Cristiano Ronaldo scored a penalty in the 68th minute and Gonçalo Ramos broke Croatian hearts in the 90+4′ to send Portugal into the Round of 16. Now the hardest possible opponent awaits: Spain — the tournament favorites, the Euro 2024 champions, a side that has conceded zero goals in four matches. Portugal are the underdogs at +295 but they are organized, motivated, dangerous on the counter, and Ronaldo at 41 years old has already proven at this World Cup that age means nothing. Here is everything you need to bet on Portugal at the 2026 World Cup: the latest Portugal vs Spain odds, full results, and the best bets.

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Status
Round of 16
Group K Runners-up
Record
2W 1D 1L
9 scored, 2 conceded
Next Match
vs Spain
July 7 | 3:00 PM ET
R16 Moneyline
+295
Portugal to win in 90 min
Ronaldo Goals
3
Including R32 penalty vs Croatia
Manager
Roberto Martinez
Head Coach

Odds subject to change. Check live lines at BUSR.

Portugal 2026 World Cup Results

DateStageOpponentResultScoreGoals
June 17Group K MD1DR CongoDraw1-1João Neves 6′ | Yoane Wissa 45+5′
June 23Group K MD2UzbekistanWin5-0Ronaldo 6′ 39′, Nuno Mendes 17′, Nematov 60′ (OG), Leão 87′
June 27Group K MD3ColombiaDraw0-0Portugal finish 2nd in Group K
July 3Round of 32CroatiaWin2-1Ronaldo 68′ (P), Ramos 90+4′ | Perišić 53′
July 7Round of 16SpainUpcomingAT&T Stadium, Arlington TX | 3:00 PM ET
Team News: Ronaldo is in form with 3 goals including the decisive penalty against Croatia. Gonçalo Ramos’ stoppage-time winner showed Portugal’s ability to find a result when it matters. Leão’s pace remains Portugal’s best counter-attacking weapon against Spain’s high defensive line. Martinez is expected to name his strongest available lineup.
POR vs ESP
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Round of 16: Portugal vs Spain Preview

Round of 16 | Monday, July 7, 2026 | 3:00 PM ET
Portugal vs Spain
AT&T Stadium, Arlington TX | FOX / FOX One (USA) | Telemundo (Spanish) | Peacock (ES)
Portugal+295
Draw+255
Spain-111

Portugal Spread
+0.5 (-117)
Spain Spread
-0.5 (-118)
Total Goals
O 2.5 (-116) / U 2.5 (-119)

To Qualify — Covers Extra Time + Penalties

Portugal to Advance
+165
Spain to Advance
-214

Winning Method

Portugal Reg. Time
+234
Portugal OT
+1450
Portugal Pens
+1025
Spain Reg. Time
-139
Spain OT
+760
Spain Pens
+1025

Spain are the favorites and Portugal are fully aware of what they are walking into. De la Fuente’s side have conceded zero goals in four matches and have the best squad depth in the tournament. But Portugal have something Spain cannot manufacture: the Iberian rivalry, Ronaldo’s desperation to prove himself one last time on the biggest stage, and a counter-attacking system built on Leão’s pace against Spain’s high defensive line. Martinez’s setup will be conservative, disciplined, and focused on keeping it tight until Portugal can find a moment on the break. The Under 2.5 and a Portugal goal on the counter are the tactical angles bettors should be watching.

Best bets: Portugal to advance at +165 is the value play — Spain are the better team but this is a knockout game against motivated opponents and +165 reflects real risk for Spain. Portugal +0.5 spread at -117 is near even money that Portugal don’t lose by 2+. Under 2.5 goals at -119 suits Portugal’s counter-attacking setup perfectly — they will not be opening up against Spain. Check BUSR for the latest lines before kickoff.

Portugal World Cup Betting Markets

MarketOddsNotes
Portugal to Win (90 min)+295Underdogs but dangerous on the counter. Ronaldo in form. +295 has genuine value.
Spain to Win (90 min)-111Tournament favorites. Zero goals conceded. Better squad depth at every position.
Draw (90 min)+255Portugal will set up to defend. A tight game going to extra time is the scenario Martinez wants.
Portugal +0.5 Spread-117Near even money on Portugal not losing by 2+. The conservative play given the matchup.
Under 2.5 Goals-119Best structural bet. Portugal won’t open up. Spain have not faced a defense this organized.
Ronaldo Anytime ScorerLive at BUSR3 goals in the tournament including R32 penalty. One of the best value individual bets.
Portugal to Win the World CupLive at BUSRPortugal have never won a World Cup. Ronaldo’s last shot at the one trophy that has eluded him.

Check BUSR for live lines before placing any bets.

Portugal Key Players

Cristiano Ronaldo — Forward
Santos FC | 41 Years Old | 3 Goals | Final World Cup

Ronaldo has silenced every critic at this World Cup. His brace against Uzbekistan, his composed penalty against Croatia in the 68th minute — he is the focal point of everything Portugal do offensively and the player who raises the performance level of every teammate. Against Spain, he faces a defensive structure that will mark him tightly — but in a tight game decided by a set piece or a single moment of quality, Ronaldo is exactly the player you want with the ball at his feet. His anytime scorer markets carry value in every Portugal match at this level.

Gonçalo Ramos — Striker
PSG | R32 Match Winner | Clinical Finisher

Ramos scored the most important goal of Portugal’s tournament — the 90+4′ winner against Croatia that ended Perišić’s equaliser as the final word. His movement, composure, and ability to arrive in the box at exactly the right moment make him the complete modern striker. When Ronaldo drops deeper to link play, Ramos is the player making the runs in behind that Spain’s centre-backs will need to track throughout 90 minutes.

Rafael Leão — Winger
AC Milan | Portugal’s Pace Threat | Counter-Attack Weapon

Leão is Portugal’s best weapon against Spain’s high defensive line. His pace, directness, and ability to beat defenders one-on-one in transition are exactly what Martinez will try to use on the counter. Spain push their full-backs high and leave space in behind — Leão running into that space in the second half of a tight game is the scenario that Portugal are building their entire match plan around. If Leão gets one clean run at Spain’s back line, Portugal will be in a position to score.

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Bet the 2026 World Cup
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New customers only. Min $50 deposit required. Bet and stream the FIFA World Cup live at BUSR. Opening match kicks off June 11 at Estadio Azteca, Mexico City. Must be 18+. Terms and conditions apply. Please bet responsibly.

Portugal World Cup History

  • 2022 Qatar Quarter-finals. Demolished Switzerland 6-1 in the Round of 16 (Ramos hat-trick). Lost to Morocco 0-1 in the Quarter-Finals. Ronaldo controversially benched vs Morocco.
  • 2018 Russia Round of 16. Eliminated by Uruguay 2-1. Ronaldo scored two group stage goals but could not replicate it when it mattered.
  • 1966 England Third place. Still the best result in Portuguese World Cup history. Eusébio scored 9 goals including 4 against North Korea in a famous 5-3 comeback.