An In-Depth Look at Copa America 2024 Betting Odds
There are plenty of betting angles for the upcoming Copa America 2024 tournament, but here are the current odds for the teams that are expected to compete for the title.
| Team | Odds |
| Argentina | +175 |
| Brazil | +225 |
| Uruguay | +500 |
| Mexico | +1100 |
| Colombia | +1200 |
| United States of America | +1200 |
| Ecuador | +1600 |
| Chile | +2800 |
| Peru | +5000 |
| Venezuela | +6600 |
| Paraguay | +6600 |
| Canada | +6600 |
| Costa Rica | +8000 |
| Jamaica | +15000 |
| Panama | +15000 |
| Bolivia | +15000 |
Crunching the Numbers: Unveiling the Top Contenders for Copa America 2024
In the checkered history of sports, there are always teams and players which are simply a cut above the rest. Basketball has Michael Jordan and LeBron James, tennis has Roger Federer, Rafael Nadal, and Novak Djokovic, while golf has Phil Mickelson and Tiger Woods. In Copa America football, they are Argentina, Brazil, and Uruguay, who have won a total of 39 tournament titles. In this section, we’ll explore their chances in the tournament, which might help you to make your own
Copa America 2024 prediction.
Argentina +175
La Seleccion has made the Copa America its playground, winning the tournament no less than 15 times. Coming off a sensational World Cup victory, bookmakers are pegging Argentina to lift the title for the 16th time.
Argentina has an excellent chance of advancing to knockout stages, being grouped with 32nd ranked Peru, 42nd ranked Chile, and 49th ranked Canada in Group A. Expected to lead the charge for the La Seleccion is eight-time Ballon d’Or winner Lionel Messi, Aston Villa goalkeeper Emi Martinez, and Inter Milan marksman Lautaro Martinez.
It is, however, worth noting that two players on the World Cup winning roster will not see action for Argentina in this tournament. Atlanta United attacking midfielder Thiago Almada failed to make the 29-man prelim squad while Roma winger Paulo Dybala is out with an injury.
Brazil +225
Brazil will be raring to reclaim the title it once held, following a heartbreaking finals loss against Argentina in front of their home fans in 2021. Historically speaking, the Selecao has been a perennial contender in the tournament, winning the Copa America nine times.
But their current form is not very convincing. Ever since Croatia eliminated them in the 2022 World Cup, the Selecao have stumbled on one crisis after another. So, no one would bat an eyelid if you question why they are even considered as one of the favorites to win the 2024 Copa America.
Oh and lest we forget, Brazil ended 2023 with three successive World Cup qualifier losses. If that’s not bad enough, the Selecao is expected to miss the services of Neymar, Richarlison, Ederson, Casimero, and Gabriel Jesus in the upcoming tourney. However, despite their absence, the Selecao still have the Real Madrid duo Vinicius Junior and Rodrygo, who have been sensational in the past La Liga season.
With Allison Becker manning the goal, Gabriel and Marquinhos as defensive anchors, and Fulham’s Andreas Pereira and Aston Villa’s Douglas Luiz leading the midfield, Brazil has excellent depth in all positions. Plus, like Argentina, they are in a favorable group together with Colombia, Paraguay, and Costa Rica. The Colombians might challenge them, but in all likelihood, Brazil should advance into the knockout phase.
Uruguay +500
Along with La Seleccion, Uruguay is the most-winning team in the tournament with 15 championships. But it has been more than a decade since La Celeste lifted the title. However, the appointment of former Leeds United manager Marcelo Bielsa is giving the Blue Sky a hope to contend for the title in the upcoming tournament.
Bielsa, who was responsible for bringing Leeds United into the English Premier League in 2023, will lead a Uruguayan squad that is coming off a penalty shootout loss to Colombia in the 2021 Copa America quarterfinals. La Celeste is grouped together with the host nation United States, Panama, and Bolivia in Group C. They will open their campaign against Panama on June 23 before taking on Bolivia four days later, and closing the group stages against United States on July 1.
As things stand, Uruguay is expected to sweep their group stage matches and at the time of writing, Copa America betting odds suggest Uruguay is -303 favorite against Panama and -455 favorite against Bolivia. Odds for the Uruguay-United States matchup have yet to be released, but they should open as favorites considering they are currently ranked by FIFA as the 15th best team in the world.
Meet Our Recommended Bookies
1.
Get up to 10 SC FREE + 220,000 Gold Coins
Players from United States of America accepted
2.
Spend $100, Get $500 in Fliff coins
+ Get up to $5 Per Day
Players from United States of America accepted
3.
Sign up for 3 SC + 500 Gold Coins FREE and 10% extra on your First Purchase!
Players from United States of America accepted
4.
Up to 100 Rebet Cash matched in freeplay on First purchase
Players from United States of America accepted
5.
100% match up to $25 in Coins + $3 Free Coins
Players from United States of America accepted
Underdog Rising: The Dark Horses of Copa America 2024 Tournament
No Copa America tournament is complete without the dark horse – the team that arrives at the competition with little or no expectation, but ultimately ends up surprising everyone. More often than not, it’s the host nation itself but here are our
Copa America 2024 betting tips
on who’s likely to make a deep run in the upcoming tournament.
Colombia +1200
If not for the brilliance of Emi Martinez in the 2021 Copa America, Colombia would’ve been playing Brazil for the title. Of course, they would’ve most likely come into the match as the underdogs counting that Brazil is ranked fifth in the world but it’s still football and in football, anything can happen.
Colombia headed into the tournament like a house on fire, going on a 23-match unbeaten run that saw them overcome football powerhouses Brazil, Germany, and Spain. So, it’s no wonder they are among the dark horses to challenge for the title in the 2024 Copa America. Long-time goalkeeper David Ospina is expected to return for Colombia, alongside Liverpool forward Luis Diaz, and Sao Paulo midfielder James Rodriguez.
A notable absentee for the Colombians is Inter midfielder Juan Cuadrado, who has been sidelined with an Achilles tendon injury. Los Cafeteros is in Group D alongside Brazil, Paraguay, and Costa Rica. They will open their group stage campaign as a -134 favorite against Paraguay on June 25 before taking on Costa Rica four days later, where they are also a -204 favorite.
United States +1200
It has been eight years since we last saw the United States play a Copa America game. But don’t get twisted, the Americans did play well the last time out, finishing fourth in the 2016 Copa America tournament. Although they are grouped with Uruguay, Panama, and Bolivia in Group C, the Yanks are most likely to advance in the knockout stages, especially if former England youth player and now fully-fledged American striker Folarin Balogun gets going.
During the past Ligue 1 season, Balogun put up respectable numbers of seven goals and five assists across 29 matches while helping Monaco finish second and punch a ticket to next season’s UEFA Champions League. Along with Balogun, the Americans are also expected to field former Arsenal goalkeeper Matt Turner, Borussia Dortmund midfielder Gio Reyna, and Crystal Palace defensive midfielder Chris Richards.
Notable absentee for the Americans is former Barcelona defender Sergino Dest, who has been nursing a torn ACL injury. Dest’s absence is expected to be felt when the USA faces attacking teams such as Uruguay, or even Brazil and Argentina, should they reach the deeper stages of the tournament. Currently, the Yanks are pegged as -476 favorites against Bolivia and -218 favorites against Panama in their group stage matches.
Chile +2800
Chile playing in the United States is a significant memory in Copa America football. This is because the last time the United States hosted the tournament was in 2016, when La Roja wound up as champions. So, it’s quite surprising that bookmakers are putting them at +2800 to win outright, lower than the United States, Mexico, Colombia, and Ecuador, who haven’t won a Copa America title in the past decade.
Even if Inter forward Alexis Sanchez, 2015 golden boot winner Eduardo Vargas, and Real Betis keeper Claudio Bravo are now in the twilight of their illustrious football careers, La Roja still has a massive talent in hand. This includes Sheffield United marksman Ben Brereton, Midtjylland midfielder Dario Osorio, and CSKA Moscow striker Victor Davila. Drawn against Argentina, Peru, and Canada, La Roja has consistently advanced to the knockout round since 2004 and this time, it isn’t likely to be any different.
Although they only scored three goals in the 2026 FIFA World qualifiers, the Chileans are expected to put up a fight against the teams in their group, en-route to qualifying for the knockout stages. La Roja will begin their campaign as +103 favorites against Peru, before taking on Argentina on June 26, wherein they will be a +380 underdog. Odds for the Canada-Chile football match have yet to be released, but La Roja will most likely head to the match as slight favorites considering that they are ranked seven spots higher than the Canadians.
Copa America 2024 Betting Predictions
As you can see, there are plenty of betting angles for the upcoming tournament so deciding
who is likely to win Copa America
is no small task. Of course, betting on Argentina or Brazil to win outright does make sense given their histories in the tournament. Based on our analysis above, here are some
Copa America betting
lines that you may take a look at.
| Betting Markets | Value Bet | Long Shot Bet |
| To Win Outright | Uruguay +500 | Chile +2800 |
| Top Goalscorer | Lionel Messi +300 | Lautaro Martinez +800 |
Picking Uruguay to win +500 provides immense value considering the team is currently in full force from top to bottom. Liverpool striker Darwin Nunez remains a threat to score and is +600 to end up as the tournament’s top goalscorer.
Meanwhile, going for Chile to shock the world at +2800 is within the realms of possibility, considering that team has managed to advance into the knockout round every single time since 2004. Even at this late stage in his career, Sanchez is still dangerous upfront, as shown on his latest Serie A campaign, picking up two goals and five assists. He is priced at +8000 to be the tournament’s top goalscorer. His counterpart, Vargas, who was the tournament’s topscorer in 2015, is at +5000 to repeat the performance.
Speaking of the top goalscorer market, placing a punt on Lionel Messi to end up leading the tournament in scoring is currently at +300. The 36-year old Messi, who will turn a year older during the tournament, is expected to shoulder the offensive load for Argentina alongside compatriot Lautaro Martinez, who is priced at +800 to be the Copa America 2024 topscorer.
How the Copa America Tournament Built Legacies?
The interesting thing about the Copa America tournament is its unpredictability and ability to build legacies overnight. A hot streak could propel you to ultimate greatness and national hero status, while a cold one could lead to fans wanting a player’s head off. Regardless, there are Copa America tournament moments that have turned players and teams into extraordinary icons.
Paolo Guerrero: A Peruvian National Hero
Peru came into the 2011 Copa America tournament with modest expectations, but they were able to shock everyone by advancing to the knockout stages and defeating Colombia in a pulsating quarterfinal. Striker Paolo Guerrero was a huge part of that. Coming off a solid season with Hamburger SV, Guerrero finished as the tournament leading scorer with five goals, including a hat-trick against Venezuela in the third-place playoff game.
Angel Di Maria: Ending a Long-Title Drought
Former Manchester United midfielder Angel Di Maria was already a legend before the 2021 Copa America tournament. But he elevated his legendary status even further by scoring a game-winning chip against Brazil in 2021. This, in turn, helped secure Argentina’s first major football title in 28 years. Since then, Argentina has never really looked back, most recently winning the World Cup.
Atlético Mineiro striker Eduardo Vargas etched his name in Chile’s history books following back-to-back Golden boot performances in 2015 and 2016. This resulted in Chile not only securing its first ever Copa America title in 2015, but also defending it successfully the following year.
In Conclusion: So Who Wins Copa America?
Predicting who wins the upcoming Copa America tournament will depend on several variables, including coaching, form, injuries, and other mental factors. That said, make sure to always visit our website to get the latest news, odds, and injury reports for your favorite teams. You’ll get a real-time analysis and find value bets suited to your risk exposure.
Try these top betting bonuses
1.
Get up to 10 SC FREE + 220,000 Gold Coins
Players from United States of America accepted
Requirements (WR): 1x Bonus
2.
Spend $100, Get $500 in Fliff coins
+ Get up to $5 Per Day
Players from United States of America accepted
3.
Sign up for 3 SC + 500 Gold Coins FREE and 10% extra on your First Purchase!
Players from United States of America accepted
4.
Up to 100 Rebet Cash matched in freeplay on First purchase
Players from United States of America accepted
5.
100% match up to $25 in Coins + $3 Free Coins
Players from United States of America accepted
Copa America Betting Odds FAQ
🤔 Who are the defending Copa America Champions?
The Lionel Messi-led Argentina team is coming off a monumental World Cup victory. They will look to retain their momentum as they begin their Copa America title-retention bid on June 23.
🏆 Who will win Copa America 2024?
Similar to previous editions, Brazil, Argentina, and Uruguay are listed by leading bookmakers as the odds-on favorites to win the tournament outright.
⚽ How many teams will play in Copa America?
The 48th edition of the Copa America tournament will be hosted by the United States where 16 teams from across two confederations will duke it out for the right to be called continental champions.
