Totally agree with Scyld Berry as far as Pakistan and West Indies are concerned.

http://www.telegraph.co.uk/sport/cricket/cricket-world-cup/11061449/England-dont-have-a-cat-in-hells-chance-of-winning-the-World-Cup-my-favourites-to-lift-trophy-are-New-Zealand.html

10/1 for Pakistan is generous. 25/1 would be more appropriate.

http://www.cricketbettingblog.com/world-cup-betting

Why NZ are Rated Highly

Captaincy
Home advantage
Pacers
Organised and Balanced Team
Desire to get over the line
Fielding
Good tournament team