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In recent years Pele has suffered from a number of health issues, including complications related to a hip replacement, kidney infections and cancer.
William Hill installed Brazil, who rose to the top of the world rankings this week, as 5/1 favourites to win the tournament ahead of France (11/2), England (6/1), Spain (15/2) and Argentina (11/1).
The 60-year-old took over in 2016 and helped Brazil qualify for the 2018 World Cup in Russia, where they were knocked out in the quarterfinals by Belgium.
More than 700 people had to leave their homes and take shelter in local schools and other makeshift accommodation. Rio de Janeiro Governor Claudio Castro on Wednesday compared the damage to a war zone.
The incident-packed Ecuador-Brazil clash saw both sides have a player sent off inside the first 20 minutes and Brazil goalkeeper Alisson shown a red card on two occasions only for both to be rescinded after consultation with the VAR.
There were no reports of deaths or injuries caused by the dam failures, though bridges and roads were damaged.
The Brazilian football legend will spend Christmas at home after months of medical issues following an operation to remove a colon tumor.
Pele has suffered from a series of health issues in recent years.
Away from home, Atletico were 2-0 down after 66 minutes but scored three times in the last 17 minutes, the last two from winger Keno, to give them an unassailable 11-point advantage.
Gokulam Kerrala's Manisha Kalyan scored India's lone goal.