Copa America 2024 Odds, Guide and Predictions

Even though we’re months away from Copa America 2024, many online betting sites have odds available for who will win the championship. Below, we’ll list the odds available at BetMGM, FanDuel, and BetRivers.

Copa America 2024 Betting Favorites

Brazil: No one can argue that Brazil is littered with talent and prestige. However, this has resulted in the national team winning nothing of note over the past four years. Right now, they’re not all that well-positioned in World Cup qualifying, either. There’s still plenty of talent here, though.

Argentina: Argentina has been extremely successful recently, winning the 2022 World Cup. They also have Lionel Messi suiting up. As long as he remains healthy, Argentina has a chance. Messi will be 37 when the tournament kicks off, though. Argentina won the last Copa America title.

Ecuador: Don’t sleep in Ecuador. This team has won six matches since the World Cup in 202 ended and has won eight of them in their last nine matches. Those wins include Chile and Uruguay, but also a close loss to Argentina.

Uruguay: Another team that could be a massive sleeper in the tournament is Uruguay. The defense this team has shown has been outstanding. Darwin Nunez and Nicolas de la Cruz attacking opponents will be enough to get this offense going. Health needs to be on their side, though. They last won Copa America in 2011.

United States: While this event is taking place in the United States, the Americans truly face an uphill battle here. At the World Cup in 2022, they lost to Panama in the Gold Cup semifinals. Still, this event is in the United States, which could help out with a permanent home field advantage.

Past Copa America Winners:

• 2021: Argentina def. Brazil
• 2019: Brazil def. Peru
• 2016: Chile def. Argentina
• 2015: Chile def. Argentina
• 2011: Uruguay def. Paraguay
• 2007: Brazil def. Argentina
• 2004: Brazil def. Argentina
• 2001: Colombia def. Mexico
• 1999: Brazil def. Uruguay
• 1997: Brazil def. Bolivia

Top Goal Scorer Odds: Copa America 2024

Right now, there are no betting markets available for the top goal scorer at Copa America 2024.

Copa America 2024 Top Goal Scorer Favorites

There are currently no odds available for the top goal scorer odds. However, we can anticipate Messi, Nunez, de la Cruz, Christian Pulicic, and more to be someone on the odds makers top goal scorer favorite odds. 

Past Copa America Top Goal Scorers

• 2021: Lionel Messi and Luis Diaz (4) 
• 2019: Everton and Paolo Guerrero (3)
• 2016: Eduardo Vargas (6)
• 2015: Eduardo Vargas (4), Paolo Guerrero (4)
• 2011: Paolo Guerrero (5)
• 2007: Robinho (6)
• 2004: Adriano (7)
• 2001: Víctor Aristizábal (6)
• 1999: Rivaldo (5), Ronaldo (5)
• 1997: Luis Hernández (6)
• Dedicated Promotions: These will become available closer to Copa America 2024. These will be promotions dedicated solely to players wagering on Copa America 2024 and could include parlay betting insurance, bonus bets, profit boosts, and more.

The 2024 Copa America championship will be held from June 20 to July 14. This marks the 48th edition of the event. 

This event is organized by CONMEBOL, which organizes football/soccer in South America. 

In 2024, this event will be held at 14 venues across the United States and feature 16 teams from two confederations. 

The host cities include the following: 

• Arlington, Texas
• Atlanta, Georgia
• Austin, Texas
• Charlotte, North Carolina
• East Rutherford, New Jersey
• Houston, Texas
• Inglewood, California
• Santa Clara, California
• Glendale, Arizona
• Las Vegas, Nevada
• Kansas City, Missouri
• Kansas City, Kansas
• Miami Gardens, Florida
• Orlando, Florida.

Most venues are where NFL teams play, such as SoFi Stadium, Levi’s Stadium, AT&T Stadium, and others. 

When diving into 2024 Copa America betting, there’s a lot to consider, such as the game-by-game betting odds, futures betting odds, the available betting markets, matchups, tips to assist with making a profit and utilizing bonuses and promotions effectively to get the most bang for your buck.

Below, we’ll cover everything you need to know about betting on Copa America 2024, so you leave this page with no questions about how to do so.

Copa America Betting Odds

Betting odds are the most critical aspect of Copa America betting. These illustrate the odds of a team winning their game, the championship, goals scored, group winners, and other betting markets.

American betting sites like BetMGM, FanDuel, BetRivers, bet365, Betway, and Borgata display odds with “+” and “-.”

The higher number associated with “+” odds indicates a lower probability, while a team with a higher number associated with “-” indicates a higher probability.

You can also use these to calculate payouts, especially if you win $100 or wager $100.

With “-” odds, the number associated demonstrates how much you need to wager to win $100. For example, if a team is -150, you must wager $150 to win $100.

With “+” odds, the number associated is how much you’ll win with a successful $100 wager. For example, if a team is +200, you wager $100, and it’s successful, you’ll win $200.

When looking at games featuring two teams, you’ll likely find one with “-” odds and one with “+.” There are scenarios where both teams could have “-” or “+” odds.

Now, with futures betting markets, which include betting on Group Winners or the champion, most teams, especially before the event begins, will have “+” odds as we have limited information about who will win as no games have taken place yet. Still, if a team is +125, leading the way, and at the top of the odds list, they’re viewed as the favorite to win the event.

As with any event, as more matches are played and teams win and lose, the picture becomes clearer, and the future odds for Group Winners and the overall champion will shift.

One last thing to consider with odds is that every online betting site will likely be slightly different. We mentioned FanDuel, BetRivers, bet365, Betway, and Borgata. If you explore each of those, one will have more favorable odds for the team you’re interested in than any other.

You should always check every legal sportsbook in your state to ensure you get the best odds.

Most Popular Copa America Betting Markets 2024

As Copa America 2024 nears, it’s time to think about ways to wager on the qualifying teams. There are numerous Copa America betting markets to explore.

The most straightforward one is outright winners. With these, you choose which team will win outright. While Copa America 2024 doesn’t occur until June 2024, some top online Copa America betting sites allow you to make wagers now. Sure, not all teams have qualified yet. Still, these wagers that are available beforehand are for teams most likely to. If they don’t, at most sites, you’ll be able to get your wager back, as the contest would never begin. Also, betting early allows you to get some odds before the teams fully take shape, and the team you’re interested in potentially loses value.

In addition to the outright winner, there are futures betting markets available that enable you to wager on Group Winners and the overall winner. These are a bit more risky before teams qualify, but again, the odds are there because of the confidence in each team.

You could consider a parlay if you’re interested in numerous teams and feel up for betting on them. These combine wagers and offer increased odds as, with parlays, all legs of the wager must win for you to succeed. This is another option, especially for the first games. For example, you could combine Peru at +250 and USA at -350. This parlay would have +350 odds, meaning you’d win $350 with a successful $100 wager.

Finally, and though there are many other markets, including prop bets, especially as the game gets closer, you can wager on the total number of goals scored. This is undoubtedly possible to wager on even before teams qualify, as you can examine the rosters of each country and project the number of goals that’ll be scored.

There are a plethora of exciting markets.

• Live Betting: One of the top ways to bet on Copa America 2024 will be live betting. Live betting allows you to wager on teams as the game progresses, so if one team comes out and scores a goal, you can either wager on them to win or wager on the underdog for underdog odds and hope for the upset. Most sites have a layout prepared for live betting that includes in-game stats and a visual of the field with the time remaining in the match.
• Live Streaming: Live streaming and live betting can go hand in hand. While we don’t know which sites will offer live streaming on Copa America 2024, this is just as it sounds—you could theoretically watch these games live on the sports betting site you’re wagering on in a live stream format. Watching the games when live betting is always best, and live streaming can facilitate that.
• Cash Out: Cashing out of wagers early can significantly benefit you when wagering on Copa America 2024. For example, if the team you bet on to win outright scores a goal, you can cash out, collect some winnings, and not risk an upset. Conversely, if the team you bet on starts losing, you can exit early, pocket a portion of your original wager, and live to make another wager on another match.
• Same Game Parlays: Not only can you parlay together multiple games, but with Same Game Parlays, you’ll be able to wager on multiple events inside one game. For example, betting on the winner of a match and the over/under in total goals scored.

Copa America 2024 Groups

The 2024 addition of the Copa America will have 4 groups of 16 teams

Group A: Argentina, Chile, Peru, Canada
Group B: Ecuador, Jamaica, Mexico, Venezuela
Group C: Bolivia, Panama, Uruguay, USA
Group D: Brazil, Colombia, Paraguay, Costa Rica

Copa America 2024: Team vs. Team Betting Overview

Below are some of the top team vs. team matchups of the round 1. Odds are provided by BetMGM,

Peru (+290) vs. Chile (+100) Tie (+230)
Ecuador (-120) vs. Venezuela (+350) Tie (+230)
Mexico (-160) vs. Jamaica (+4575)  Tie (+275)
Uruguay (-275) vs. Panama (+1200) Tie (+400)
USA (-400) vs. Bolivia (+1200) Tie (+500)
Colombia (-120) vs. Paraguay (+375) Tie (+240)
Argentina (-275) vs. Canada (+775) Tie (+400)
Brazil (-550) vs. Costa Rica (+1400) Tie (+600)

Copa America 2024: Strategies and Betting Tips

While I can never guarantee a win on any wager with Copa America betting or any other sport, there are some strategies and tips I deploy for this event, and in general, that could assist in adding to your bankroll.

• Manage Bankroll: I do this regardless of anything else. When I wager, I examine my bankroll, and depending on the amount, I only wager up to 1% to 10% of that bankroll. This allows wagering longevity and creates more opportunities for wins. Thus, my bankroll expands and grows faster than banking it all on one wager, losing, depositing more, and chasing those losses.
• Don’t Avoid Betting On Underdogs Futures: While we know that Brazil and Argentina are in Copa America 2024, and this will likely make everyone believe it’s just a matter of time before they win, I use this “consensus” thinking and place incremental wagers on notable underdogs. The same applies to tie and outright winner wagers.
• Examine the Rosters: With nationwide teams, sure, they’re going to stack them as best as they can, but chemistry still plays a factor. I always check to see what teams are deficient in specific ways and examine possibilities in which their opponent can exploit that.
• Line Shopping: That's another tactic used across not only Copa America 2024 but all sports. If you’re in a state with multiple online sportsbooks, you must do this. For example, if you feel the USA will win Copa America 2024 and see that one site lists them at +1400 and another at +1500, the other site at +1500 offers 100 points better odds for the wager you want to make.
• Overall, with a tournament like this, the strategy shouldn’t be to flock immediately to Argentina or Brazil. Many bettors will flock to them, which will hinder their odds and only increase the odds of their opponents.

Copa America Betting: Bonuses and Promotions

With Copa America 2024 still not officially here, it’s impossible to know exactly what online sportsbooks will offer in terms of welcome bonuses and existing promotions. That said, based on the current state of the sports betting scene, we can make some assumptions. 

• Bet & Get Offers: With this type of bonus, you’ll receive an “x” amount in bonus bets after wagering an “x” amount of actual money. A popular example recently has been wagering $5 to receive $150 in bonus bets.
• “No Sweat Bets”: Also known as a “safety net” or “no-risk,” these bonuses allow you to make your first-ever wager on a site while knowing that, if it loses, you’ll get it back as bonus bets. No, you won’t get it back as cash, but you’ll get it back in a currency that allows you to risk it again in hopes of a win.
• Deposit Bonuses: These are less common now than when online sports betting first hit the scene in 2018, but deposit bonuses provide a specific amount of site credit or bonus bets after making a deposit. A typical offer was always a 100% match up to $1,000.

Before diving into Copa America betting, it’s key to choose the best online betting site(s) that fit your style of play. Below, we’ll go over our top recommended sites, which include BetMGM, FanDuel, BetRivers, bet365, Borgata, and Betway.

As mentioned, Copa America is a 16-team tournament organized by CONMEBOL. In 2024, the tournament will take place from June 20 to July 14 in the United States. There are 16 teams in total across two federations, including CONCACAF. There are 14 venues and all of them are in different cities.

Of the 16 teams, all ten CONMEBOL teams can qualify while the remaining six CONCACAF teams qualify in the 2023-24 CONCACAF Nations League.

Currently, there are 14 teams with two remaining slots. The CONCACAF teams include Panama, Mexico, Jamaica, and the United States.

The first-round of the play-in tournament began on November 16 and concluded on November 21.

The final two slots will be determined on March 23, 2024 as Canada takes on Trinidad and Tobago and Costa Rica takes on Honduras.

From there, the field will be set.

Tournament Size

As mentioned, the tournament features 16 teams. These teams are divided into four Groups, including Group A, B, C, and D.

• The Group A matches begin on June 20 and go through June 29.
• The Group B matches begin on June 22 and conclude on June 30.
• The Group C matches begin on June 23 and conclude on July 1.
• The Group D matches begin on June 24 and conclude on July 2.

Playoffs

When the Group Stage is complete, we begin the Quarter-finals, Semi-finals, and eventually, the finals.

The Quarter-final includes a match on July 4, July 5, and two on July 6. These include the following:

• July 4: Winner Group A vs. Runner-up Group B (Houston, Texas)
• July 5: Winner Group B vs. Runner-up Group A (Arlington, Texas)
• July 6: Winner Group C vs. Runner-up Group D (Paradise, Nevada)
• July 7: Winner Group D vs. Runner-up Group C (Glendale, Arizona)

From here, the Semi-Final occur on July 9 and 10 in East Rutherford, New Jersey and Charlotte, North Carolina, respectively.

The final is played on July 14 at Miami Gardens with the third-place game occurring on July 13 in Charlotte, North Carolina.

At Copa America 2024, there are four Groups, including A, B, C, and D. 

These groups include the following teams: 

• Group A: Argentina, Chile, Peru, Canada
• Group B: Ecuador, Jamaica, Mexico, Venezuela
• Group C: Bolivia, Panama, Uruguay, USA
• Group D: Brazil, Colombia, Paraguay, Costa Rica

Looking at Group A, Argentina is among the favorites to win the championship and are the defending champions. However, Group B has Educador, a team that’s been on a hot streak recently.

The final two groups, including C and D also have threats. Group C has Uruguay which should have a competent defense and two excellent offensive pieces. This group also features the United States, who will have a permanent homefield advantage.

Rounding things out, Brazil certainly has a shot and will always have some level of talent, but it might not be enough to overcome Argentina this time around. We’ll also consider Colombia a threat, too, with James Rodriguez on board.

As Copa America 2024 nears, there are numerous important dates to keep in mind. Below, we’ll list those:

• June 20: Group Stage matches begin
• July 2: Group Stage matches end
• July 4: Quarter-Finals begin
• July 6: Quarter-Finals end
• July 9: Semi-Finals being
• July 10: Semi-Finals end
• July 13: Third-Place Match
• July 14: Copa America 2024 Final

Copa America 2024 Host

The United States will host Copa America 2024 and 14 available venues for these 16 teams. It was announced that the United States would host the tournament on January 27, 2023. This came after CONCACAF and CONMEBOL arranged a new strategic partnership. 

This event comes before the 2026 World Cup, which the United States, Canada, and Mexico will host. 

Copa America 2024 Cities and Venues

• Arlington, Texas (AT&T Stadium)
• Atlanta, Georgia (Mercedes-Benz Stadium)
• Austin, Texas (Q2 Stadium)
• Charlotte, North Carolina (Bank of America Stadium)
• East Rutherford, New Jersey (MetLife Stadium)
• Houston, Texas (NRG Stadium)
• Inglewood, California (SoFi Stadium)
• Santa Clara, California (Levi’s Stadium)
• Glendale, Arizona (State Farm Stadium)
• Las Vegas, Nevada (Allegiant Stadium)
• Kansas City, Missouri (Arrowhead Stadium)
• Kansas City, Kansas (Children’s Mercy Park) 
• Miami Gardens, Florida (Hard Rock Stadium)
• Orlando, Florida (Inter&Co Stadium)

Copa America 2024 Official Song

No official song has been announced for Copa America 2024. In 2021, the song was “La Gozadera” by Gente de Zona. The last English song was “Superstar” by Pitbull and Becky G.

• This is the 48th edition of the tournament.
• Argentina are the defending champions.
• The smallest stadium acting as a venue for Copa America 2024 is Children’s Mercy Park, which has a maximum capacity of 18,500.
• The largest venue is MetLife Stadium, which has a maximum capacity of 82,500.
• Of the host cities, six states have legal online sports betting. These include North Carolina, Nevada, New York/New Jersey, Florida, Kansas, and Arizona.

Copa America 2024 is set up to have 16 competitive teams vying for the championship. As a result, Copa America betting will be a hot topic in the United States, where the tournament is hosted.

There are plenty of notable teams making their way to the tournament, and Ecuador and Uruguay are two teams we like to upset the favorites, including the defending champion, Argentina.

This would not only be a Copa America betting upset but also upset Lionel Messi, who’s set to break the record for most Copa America appearances on June 20 in their first match.

Continue to refer back to this page as Copa America 2024 draws near.