England's odds of winning the World Cup have been slashed following Germany's exit from the tournament.

The defending champions bowed out after losing 2-0 to South Korea in their final group match, and England have since been installed as the bookmakers' fourth-favourites to go all the way in Russia.

"England fans will always rejoice an early exit for the Germans in a major tournament, and the fact that Southgate's men are looking like hopefuls themselves is a huge bonus," BBC Sport quotes Oddschecker spokesperson George Elek as saying.

"England's route to the final will now be clear of a penalty shootout loss to the old enemy."

The odds of England winning the tournament have been aggregated at 17-2, making them more fancied than France and Argentina.