The tight clustering around 72.5% implied probability for 100 Thieves and Sentinels as the last Americas team standing at the Esports World Cup stems from their recent qualification success and consistent domestic form in VCT Americas. Both squads demonstrated strong bracket control during the Americas qualifier, advancing ahead of NRG and G2 Esports while showcasing adaptable map pools and reliable roster execution under pressure. NRG and G2 sit lower at 27.5% after mixed playoff results and head-to-head vulnerabilities against top regional sides, yet retain upset potential through proven international experience. This balance of recent momentum, qualification positioning, and regional parity sustains competitive dynamics with no single team holding a decisive edge heading into the main event.