According to our sources Paul the Octopus will also make his prediction for the third-place play-off match between Germany and Uruguay later this morning. 

Become a fan of Bettingpro's Facebook page now and be the first to find out which team Paul picks.

Paul's handlers plan to follow the same routine that has delivered a stellar picking performance by Paul the Psychic Octopus. Two boxes will be lowered into his tank, each containing his favourite seafood food as well as the flags of the two opposing teams.

Whichever box Paul picks food from first is adjudged the winner.

Afterwards, Paul will be offered boxes with Spain and Holland flags on the front.

However, this will only happen if he is deemed not too tired and still hungry. A spokesman for his aquarium told us "We do not want to overburden him."

As soon as we hear from the Sea Life Centre, Oberhausen, Germany we will let our facebook fan page members know.