Well, Australia’s World Cup dream has come to an end.

But their chance at redemption may come sooner rather than later, with online bookmaker sportsbet.com.au pricing the Socceroos at $4.25 to win the 2015 Asian Cup to be held in Australia.

Japan, the highest ranking team at the tournament, are priced as $3.50 favourites with Iran and South Korea also looming as threats, both priced at $7.00.

“Australia has played better than most expected at the World Cup. Another 12 months together combined with the tournament being on home soil, the Aussies will be close to favourites by the time the tournament rolls around,” said sportsbet.com.au’s Shaun Anderson.

Market courtesy of sportsbet.com.au

Asian Cup 2015

$3.50   Japan              

$4.25   Australia
$7.00   Iran, South Korea
$10      Uzbekistan

$19      UAE
$20      Jordan

$26      China, Iraq, Omen, Saudi Arabia

$41      Kuwait, North Korea, Qatar
$67      Bahrain