Europe maintains a dominant 70.5% implied probability in the market due to its unmatched depth of competitive national teams, including multiple recent finalists and consistent performers in major tournaments. South America's 22.5% position stems from the proven quality of sides like Argentina and Brazil, which have delivered the continent's historical successes. Markets assign minimal probabilities to Africa, Asia, North America, and Oceania because no team from those continents has ever lifted the trophy, and current form plus qualification results show limited pathways against established powers. Recent results in international windows and confederation play have reinforced this hierarchy without shifting the consensus.