Following his Champions League hat-trick last night the Manchester United striker is now 2/1 from 10/3 to be part of Fabio Capello's World Cup Squad.
However the bookie also offers a reality check to the Owen bandwagon with seven other strikers all at shorter odds to be in the squad than United's number seven.
Barring injury Wayne Rooney is a shoo-in for the squad at just 1/100 with Jermain Defoe also looking a certainty at 1/14.
Owen's likely rivals for a spot in the 23 could come from the likes of Carlton Cole, Gabby Agbonlahor (both 6/4) and Darren Bent (7/4).
Darren Haines, spokesman for Paddy Power, said: "It was a great night for Owen, obviously his best yet in a United shirt, but we still think he has a lot more work to do to convince a doubting Fabio of his worth and climb the England striker pecking order."
Owen is also on offer at 28/1 to be England's top scorer in South Africa, with Rooney again heading the market at 13/8.
Who Will Make England's World Cup Squad?
6/4 C Cole
Top England World Cup Scorer
22/1 J Cole
25/1 C Cole
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