Team USA is decidedly an underdog as the knockout stages of the World Cup approach.
According to sports betting website Bovada, the U.S. odds on winning the World Cup are 50-1. Team USA has the 12th worst odds among the 16 nations still in contention.
Host country Brazil is the favorite at 3-1. Both Argentina and Germany, which have met in the quarterfinals the last two World Cups, are at 4-1.
The Dutch and French are at 7-1 and 8-1 respectively, followed by Colombia at 16-1.
[Gallery: World Cup photos of the day]
However, not every betting outlet is following that line. The Bellagio's sportsbook offered odds of 125-1 on the U.S. winning the World Cup at the start of the tournament. Those odds have now dropped to 35-1.
Betting interest in the team increased once it secured passage to the knockout stage, according to a Bellagio representative. Team USA's round of 16 match against Belgium on Tuesday has already attracted more bets than any of its group stage matches.
The tournament's original field of 32 nations has been cut in half, with two round of 16 matches being played Saturday. Brazil plays Chile while Colombia takes on Uruguay.
The U.S. qualified for the knockout stage despite losing 1-0 to group winner Germany on Thursday. After three matches, the Americans were tied with Portugal on four points but won the tiebreaker based on a better goal differential.
Jurgen Klinsmann's players won't likely be fazed by their underdog status. Pundits hardly expected them to progress from the so-called "Group of Death" when the draw was announced last December.
More World Cup coverage from Yahoo Sports: