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Copa America 2024 Favorites: Who Is Likely to Become a Winner?

Last Updated on 27.06.2024
Fact checked by: Alex Cabal

With Copa America 2024 fast approaching, the key question across the football world remains the same: Who are you picking to win this inter-continental football conclave?

The United States is hosting but Argentina is expected to win it all. Brazil and Uruguay are also among the Copa America 2024 favorites. But Colombia, Mexico and even the returning Americans each all have a chance of lifting the trophy. In this article, we break down the odds and see how teams look heading into the tournament.

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Can Argentina win Copa America 2024?

Defending champions Argentina head into the tournament as the odds-on favorites to lift the title, and for plenty of reasons. La Seleccion is not only coming off a historic World Cup win in Qatar but they are also in a favorable group to advance to the knockout stages. The Argentinians are grouped together with Chile, Peru, and Canada in Group A. Bookmakers have Argentina at +175 to win the tournament and at -400 to advance into the knockout round considering La Seleccion’s history against these teams.

Argentina H2H Recordvs. Chilevs. Peruvs. Canada
Win62361
Draw25140
Loss870

Now 36 years old and in the twilight of his illustrious football career, Lionel Messi is still capable of producing remarkable performances as evidenced during the recently-concluded Major League Soccer season wherein he tallied 12 goals and nine assists in 12 appearances. Along with Messi, La Seleccion also has plenty of depth on their side with the likes of Julian Alvarez, Angel Correa, and Serie A leading scorer Lautaro Martinez joining the team.

Meanwhile, star goalkeeper Emiliano Martinez will once again return for La Seleccion as he looks to build on his stellar World Cup and Copa America 2021 performances. Martinez was instrumental in helping Argentina reach the Copa America 2021 final, after saving three of the five penalties in the penalty shootout against Colombia in the semis. He also played a pivotal role in the World Cup finals penalty shootout against France.

So, unless something catastrophic happens, Argentina should comfortably advance into the knockout round wherein they will take on either the winner or runners-up of Group B. Unlike other Copa America 2024 groups, Group B is regarded as the Group of Death with Mexico, Ecuador, Venezuela, and even Jamaica each having a realistic case of advancing to the next round. Good thing to note for those rooting for Argentina to win is it has favorable records against all four teams in Group B. La Seleccion has beaten Mexico in their past nine meetings while they have a 10-5-3 (win-draw-loss) record against Ecuador, 24-2-2 against Venezuela, and 4-0-0 against Jamaica.

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Copa America 2024 Betting Lines: Who Is Challenging Argentina?

While the Argentinians are the favorites according to the latest Copa America 2024 betting lines, it has been nearly eight years since a team was able to successfully defend the title, making the upcoming tournament as exciting as ever. There are several teams expected to make a deep run and challenge Argentina for the Copa America 2024 trophy.

Brazil +225 to Reclaim the Title

Losing a Copa America final is one thing. Losing it by the narrowest of margins in front of your fans is perhaps the most heartbreaking thing one could experience. Brazil endured both in the 2021 Copa America tournament. Inspired by its ruckus supporters, La Selecao went on a six-match unbeaten run to book a finals ticket and they were seemingly invincible until Angel Di Maria put Argentines up for good at 22nd minute.

Brazil had plenty of chances on goal through Neymar and Roberto Firmino but was unable to equalize. And when Richarlison appeared to have equalized for Brazil with a shot inside the penalty box in the 52nd minute, it was ruled as offside. Heading into Copa America 2024, the Brazilians are priced at +225 to reclaim the title they last won in 2019.

A concerning thing, though, is the absence of Neymar, Richarlison, and Firmino who combined for four goals for La Selecao in the previous edition. This means the Real Madrid duo of Rodrygo and Vinicius Junior are expected to carry the scoring cudgels for the Brazilian squad, who will also be missing Arsenal striker Gabriel Jesus, Manchester City goalkeeper Ederson, and Casimero who scored the game-winning goal against Colombia in the 2021 Copa America group stage.

Vinicius Junior is coming off a stellar season at Real Madrid wherein he delivered 21 goals and nine assists in 36 league and European appearances. However, they are once again grouped with the pesky Colombian squad. Had it not been for Firmino and Casimero’s late goals, Colombia would’ve topped the group stages in 2021 and of course, who could forget their pulsating semifinals against Argentina. However, all things considered, the Brazilians are an excellent Copa America bet at -250 to move forward to the knockouts wherein they will take on the winner of Group C.

Uruguay +500 to Win It All

Copa America betting tips always have Uruguay as one of the favorites in every edition and for a good reason; they always deliver until of course the knockout stages. Since they won the 2011 tournament, La Celeste has never made it past the quarter final round. This time, though, they aim to break that unfortunate streak as they head into the tournament with a star-studded lineup that features an excellent mix of young talents and canny veterans.

On paper, Uruguay is perhaps the most talented team from top to bottom in the Copa America 2024 tournament. Not only they have scoring threats such as Liverpool’s Darwin Nunez and Inter Miami’s Luis Suarez, La Celeste are also loaded in other positions. Tottenham’s Rodrigo Betancur and Real Madrid’s Federico Valverde are expected to man the midfield while FC Barcelona’s Ronaldo Araujo and Atletico Madrid’s Jose Gimenez will provide the defensive support for Internacional’s Sergio Rochet, who will likely start on goal.

The thing is though, the Copa America 2024 tournament is not played on paper. Matches are played on the pitch where anything can happen. That’s why the Uruguayans are not leaving everything to chance by hiring Marcelo Bielsa as their head coach for the tournament. Bielsa is somewhat a cult name along the streets of West Yorkshire, having led Leeds United back into the English Premier League in 2020 after 16 years of absence. Can Bielsa work his magic again and help Uruguay win the title they last won 13 years ago? Only time will tell but bookmakers suggest they are in the mix.

Mexico +1100 to Win First Copa America

Bookmakers consider Mexico as one of the favorites in the upcoming tournament despite their poor preparation for the tournament. While they have lost three of their last four matches, including an embarrassing 4-0 defeat to Uruguay, El Tri has plenty of talented players that could help them lift the Copa America trophy for the first time.

Team captain and West Ham midfielder Edson Alvarez is expected to lead the squad alongside talented striker Santiago Gimenez. While playing for Feyenoord, the 23-year old Gimenez has registered 49 goals and 86 appearances. He is currently on the radar of Premier League teams, with Arsenal, Liverpool, and Tottenham Hotspur all expressing their interest in signing the Mexican youngster.

All eyes will be on him to help Mexico navigate the treacherous group stages wherein they will go up against Venezuela, Ecuador, and Jamaica. While one man cannot win a football match alone, hot streaks by a single player have propelled a team into the deeper stages before. A case in point is the Paolo Guerrero hot streak that propelled Peru into the 2011 semifinals. Considering Gimenez’s stellar season in Eredivisie wherein he tallied 23 goals and six assists, it is within the realm of possibility that he could get hot this tournament and take Mexico in the later stages. Bookmakers have Martinez at +4000 to be the topscorer of the tournament.

Colombia +1200 to Shock the World

Fairytale runs make football great. When a team makes the impossible possible, their names are forever etched into football folklore. A case in point is Colombia. Against all odds, Colombia fought tooth-and-nail with the best teams in America to settle for a third-place finish in the 2021 Copa America tournament.

But everyone knew, they could’ve done so much more in the previous edition. While they finished the group stages with a dismal 1-1-2 card, Los Cafeteros turned it up a notch in the knockout stages, upsetting Uruguay in the quarterfinals and almost beating Argentina in the semis.

Striker Lautaro Martinez put Argentina up early with a goal in the seventh minute but Los Cafeteros managed to tie the game in the 61st minute behind a magnificent goal from Liverpool winger Luis Diaz and force a penalty shootout. While David Ospina was able to stop Rodrigo de Paul’s attempt during the penalty shootout, his teammates Davinson Sanchez, Yerry Mina, and Edwin Cardona were unable to convert theirs, resulting in one of the biggest what-ifs in Colombian football history.

Mina and Sanchez will have a crack at redeeming themselves as they are expected to return alongside long-time goalkeeper Ospina and Diaz. The Liverpool man will likely be joined by Aston Villa’s John Duran and Watford FC striker Yaser Asprilla up front. Former Real Madrid star James Rodriguez leads the star-studded Colombian midfield squad composed of Bayer Leverkusen’s Gustavo Puerta and Crystal Palace’s Jefferson Lerma. While they are going to have their work cut out against Brazil, Los Cafeteros open as a -134 favorite against Paraguay and a -204 favorite against Costa Rica in the group stages.

United States +1200 to Defend the Home Turf

Lady luck seems to have smiled on the United States as they are in Group C together with Uruguay, Bolivia, and Panama. While they are expected to have a tough time against a fully-loaded Uruguayan squad, the Yanks have a good chance of winning against Bolivia and Panama. Latest Copa America 2024 predictions and odds have the Americans as -476 favorites against Bolivia and -218 favorite against Panama in their group stage matches

Even if they lose to Uruguay, the Americans should comfortably advance if everything goes according to script. It is worth noting that the USA managed to grab fourth place the last time they played in this tournament, which was in 2016. Should they finish second in this group and move on to the next round, they will most likely take on Brazil, who is pegged to win Group D at -250.

While their chances of beating Brazil are slim considering that they are 1-0-18 against them, the Americans are in their best position ever to do so, considering that La Selecao is missing its key stars. If that’s not good enough, the Yanks will also field an excellent selection of players with considerable European football experience. Their lineup includes former England youth player Folarin Balogun, AC Milan forward Christian Pulisic, Juventus midfielder Weston McKinnie, and Nottingham Forest goalkeeper Matt Turner.

Picking the Copa America 2024 Winner

The most interesting thing about every Copa America tournament is that it always delivers regardless of the circumstances. So, picking an outright winner can sometimes be tricky as shock results can happen left and right. While picking the favorites is a good idea, checking our website for the latest news, developments, and injury reports is essential if you want to make smart betting selections during the upcoming tournament.

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Copa America 2024 Favorites FAQ

🏆 Who are the favorites to win the 48th edition of Copa America?

A total of 16 teams will be playing in the 48th edition of Copa America, with Argentina, Brazil, and Uruguay among the squads expected to make a deep run in the tournament.

🔎 When was the last time Uruguay won the Copa America?

Since winning the 2011 Copa America tournament, Uruguay has never made it back into the finals, losing every time in the quarters.

👀 What was the best USA result in the Copa America tournament?

The United States are hosting the 48th edition of the Copa America tournament. They last played in the 2016 tourney, where they settled for their best finish in tournament history ending up in fourth place.

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