The 2024 T20 World Cup gets underway on Sunday 2nd June when co-hosts United States take on Canada at the Grand Prairie Stadium and Australia are high up in the market to be crowned as winners later that month.
The Baggy Greens were triumphant at the 2021 tournament in the UAE but fell short the following year on home soil when they were eliminated at the Super 12 stage and missed out on a semi-final spot.
This time around Australia are 4.50 to lift the trophy, with only 3.75 India currently ahead of them, while they are 1.80 to top Group B, which also includes holders England, Namibia, Scotland and Oman.
India - 3.75
India are the 3.75 pre-tournament favourites to win the 2024 T20 World Cup, which is understandable considering that they have the training ground of the IPL to build up their ranks of quality player in 20-over cricket.
However, it is worth remembering that they have only won the competition once, back at the inaugural tournament in 2007, and in fact have only reached the final once since then.
They remain the team to beat in most people’s eyes though, especially since they still have record T20 World Cup runscorer Virat Kohli among their ranks - he has racked up 1141 runs since 2012.
Australia - 4.50
Australia are second in the outright market and certainly have a strong and experienced squad heading to the US and the Caribbean, however fitness issues may harm their chances.
Captain Mitchell Marsh is currently overcoming a hamstring strain, while fellow all-rounders Marcus Stoinis and Glenn Maxwell have also recently been hampered by injuries, while the omission of batter Jake Fraser-McGurk has raised some eyebrows.
Veteran David Warner will bow out of the international area at the completion of the World Cup and will hope to exit with et another major trophy in his grasp.
England - 5.50
England head into the tournament as the defending champions and are one of just two sides to have been crowned champions on two occasions, along with 2024 co-hosts West Indies.
Jos Buttler continues to lead from the front for the Three Lions, who have placed great faith in inspirational pacer Jofra Archer after he recently returned from long-term injury to take two wickets in a win over Pakistan.
However, the fly in the ointment is that England have lost eight T20Is that they have played since their 2022 triumph and need to improve their form to mount a successful title defence.
Other leading contenders
South Africa - 7.00
West Indies - 10.00
New Zealand - 11.00
Pakistan - 13.00
Australia have been drawn in Group B for the T20 World Cup and undoubtedly their main rivals to top that section are England, with the big two expected to progress to the Super 8s at the expense of Namibia, Scotland and Oman.
Australia - 1.80
The Baggy Greens have only once failed to progress from the initial group stage and that came back in 2009, when they finished bottom of a three-team section which also included Sri Lanka and West Indies.
This time around they open against Oman in Barbados on Wednesday June 5th, with their big match-up against England coming three days later, leaving clashes with Namibia and Scotland to complete their programme.
A top-two finish will be enough to book a Super 8s spot and only a massive upset loss to one of three lesser sides would see Australia miss out and they are highly unlikely to suffer such a shock.
England - 2.00
Holders England are currently slight second favourites to top Group B and their showdown with the Aussies in Barbados on Saturday June 8th will almost certainly be the decider as to which team tops the pool.
The two sides first met at a T20 World Cup in the 2010 final, when England won by seven wickets in Bridgetown, but they did not face-off again until the 2021 competition.
England thumped the Baggy Greens by eight wickets in a Super 12 match-up, but it was the Aussies who would go on to be crowned champions, while a scheduled clash two years ago at the MCG was washed out.