The eyes of the sporting world will be on Rio in 2016 thanks to the Olympic Games and, with Brazil being one of the leading football nations in the world, the sport will no doubt be a prominent fixture on the schedule.

Despite the Olympics being an event where football often takes a backseat to athletics and other sports, the fact this year's event is taking place in Brazil will mean there's a greater emphasis on the beautiful game. Naturally, given that Brazil is the host nation, most of the money being wagered on the tournament will be Dunga's team of stars.

However, with an Olympic gold medal up for grabs and no other international honours to play for this year (apart from the European teams contesting Euro 2016), there will certainly be a host of nations looking to ruin the host's party.

When you scour the latest football betting headlines and read the views of experts, it's clear that a number of teams could nip in a steal the gold medal this year. In fact, with teams such as Spain, France, Italy and Germany focusing much of their attention on Euro 2016, it could be a chance for some of the game's other teams to shine.

In terms of athleticism, there's no doubt that team USA will come into the competition extremely well prepared if they can overcome Honduras in their third-place playoff.

Another team that could do well in this year's event providing they make it through the qualification rounds is Australia. However, despite barely losing a game on route to the AFC under 23 championship (which serves as the qualifier for Rio 2016), the Socceroos have been struggling of late.

Although eight players in the squad ply their trade in some of the toughest leagues in Europe, a losing start to UAE in the AFC could mean the Aussie side will have to miss out on this year's event. Indeed, even the presence of Tim Cahill as one of the overage players might not be enough for the Aussies if they make it to the Games.

Of the teams already qualified and not having to focus on Euro 2016, it's Argentina that could pose the biggest threat to Brazil. The betting experts and football insiders often have high hopes for the side whenever they enter an international competition and the Rio Olympics is unlikely to be any different.

Although the odds haven't yet been set for the Olympics, it's likely Argentina will be among the contenders. However, what it also likely is that Brazil will go into the competition with a lot of positive momentum behind them.

In addition to the local media, fans and betting experts singing the side's praises before the competition, there's no doubt the players will want to put on a show in front of their home nation. Thanks to players such as Neymar leading the way, it's likely the men in yellow will prove a tough task for any visiting team in 2016.