Totesport are going 2/1 for South Africa just to qualify from their group, and that has to be value. In 18 previous World Cups NO host nation has failed to qualify for the second round. That has included qualification for the likes of Mexico (twice), Chile, Switzerland, Sweden and USA when they have been hosts. Even when the World Cup was shared between the minnows of Japan and South Korea BOTH of them got out of their groups.
I see them sneaking through in second place and going out honourably to Argentina, job done.