What matters is the team and I'm confident we would beat Bosnia on the football pitch.
At this moment i'd also bet on the USA but there is a good reason for that and it certainly doesn't mean that the USA has better players. Let me explain by replying to the other part of your post.
Well then those great football "traditions" better make some damn tournaments then. Because if not, it counts for nothing.
Back in Yugoslavia Bosnians were the most talented for football.
Then the war happened. Hundreds of thousands were killed or left the country. There were many lost generations due to the war. There were no conditions to play football. Bah, no-one could even think about football back then. After the war the country was ruined and again no-one was thinking about football.
Exactly these generations of Bosnian football players were the ones who played the qualifiers in the last years.
Another big problem happened with the Serbs and the Croats from Bosnia. As you know, Bosnia is a multi-national country. It's a country of 3.9 million people of which around 40% are Bosnian muslims, 30% are Serbs, 20% Croats etc. These Serbs and Croats live in Bosnia for centuries. They were born there, their parents were born there, their grandparents and great grandparents were born there. Yet, they opted to represent Croatia or Serbia in the qualifiers. Instead of playing for Bosnia, Corluka and Stanic played for Croatia, instead of playing for Bosnia, Krstajic, Milosevic and many others played for Serbia.
Those Bosnian Serbs and Croats who left the country before or during the war, like Klasnic, Rakitic, Petric, Niko and Robert Kovac, Zdravko Kuzmanovic from Fiorentina, decided to represent Serbia and Croatia, not their own country Bosnia and Herzegovina.
Now things are changing. Young Serbs and Croats from Bosnia started playing for Bosnia. The young Bosnians, who were very young during the war and who developed as footballers in normal conditions, didn't have interceptions in their football development and they are starting to show their worth on club level. Miralem Pjanic is (Fred can confirm this) the most talented young player in the French league. Lyon bought him this summer. Vedad Ibisevic is the topscorer and top assistman in Bundesliga with 13 goals and 6 assists on 11 matches. Sejad Salihovic shares the top assistman first place with Ibisevic, Dzeko is scoring like crazy for Wolfsburg etc.
Give them few more years and you'll be surprised how far they'll get.