Roy Hodgson's men secured automatic qualification with a 2-0 win, joining fellow Europeans Belgium, Italy, Germany, Holland, Switzerland, Russia, Bosnia-Hercegovina and Spain as group winners.
The Three Lions were 25/1 to lift the trophy before Tuesday's win, which ensured they topped Group H, but remain eighth in the pecking order, with host nation Brazil the 100/30 favourites ahead of 5/1 trio Germany, Argentina and Spain.
Belgium (14/1), Italy (16/1) and Holland (20/1) are all priced shorter than 1966 winners England, who have now qualified for five consecutive World Cups.
Sky Bet football trader Chris Spicer said: "We are currently top price at 22/1 about England winning the 2014 World Cup in Brazil ahead of the draw on December 6th, where they are expected to be among the second seeds."
He added: "Now that qualification is assured the focus will be on who will make Hodgson's final 23-man squad for the tournament.
"Andros Townsend was 12/5 to be on the plane after being named in the latest squad but having impressed in his first two caps he's now deemed likely to go at 8/15.
"Others are either on the verge of breaking through, such as Raheem Sterling who is 7/2 to make the squad, or a veteran like Jermain Defoe (3/1) who will be hoping experience can win him a spot."