Traditional Wisdom: If South American is the host, then South American has a higher chance in #WorldCup.
So far in #WorldCup2014, almost ALL teams from South American region go to the next round: Brazil, Argentina, Colombia, Chile, Uruguay, except Ecuador, which is now 2nd in the group (but since they are facing France tonight, although they have equal points as the Swiss, their chances are slimmer).
You might say, what about Honduras? In geography, you are correct, but in FIFA, they are counted as the member of the North and Central American region, which is the same group with USA, Costa Rica and Mexico. And yes, most of them are in the next round (USA can proceed to next round as long as Klinsmann is able to at least get a draw from his motherland Germany).
South, North & Central American, combined 2 regions, out of the total 10 teams go to the World Cup, 7,8 or even 9 teams can make to the next round. Amazing.
How about other regions as a comparison? Europe seems bad, but they started with 13 teams, and still have Netherlands, France, Germany, Greece and Belgium. Swiss has a good chance, Russian needs to beat Algerian, and Portuguese has 2% chance. Nonetheless, it is still almost half of the region.
African and Asian are worse. Out of the 9 teams combined, it seems that the only reasonable hope is Algerian to beat Russian for one spot, and Iranian to fight the last spot with Nigerian (but they are not playing against each other).
Of course, the WORST region is the Oceania. There were 12 teams to fight for 0.5 spot. At the end New Zealand was the one, but they lost to Mexico at the play off game and so the region has zero presence in the Brazil 2014 (Australia is counted as Asian country now, just so that you know).