Both sides have exceeded expectations this tournament, reaching the semi-finals for the first time since 1990 and 1986 respectively.
Having run out 1-0 winners when the teams met in the group stages, Roberto Martinez’s men are 5/4 (2.25) favourites with bet365 to claim third place with a victory here.
That game was the second draw in three knockout stage fixtures after 90 minutes, and you can get odds of 13/5 (3.60) on this one also heading into extra-time after a deadlocked 90 minutes.
With no injuries to contend with, both managers are likely to rotate in order to offer some of the less utilised squad players a chance in their final World Cup match.
Although disappointed not to have reached the final, both sides should be in reasonably high spirits after enjoying fairly successful World Cup campaigns.
While the result of this match is unlikely to prove particularly significant Harry Kane and Romelu Lukaku will be particularly determined to add to their goal tallies before heading home as they compete for the Golden Boot.
Both players will back themselves to find the net considering the recent history of third-place play-offs, with the last 10 matches averaging just under four goals per game.
Considering the attacking talent available at both ends and the lack of pressure to defend, odds of 5/6 (1.83) look well worth backing on both teams finding the net in a game that also features over 2.5 goals.