Copa America 2024 Odds: Outright Winner and Favourites

It’s almost that time of the year when soccer leagues worldwide head for a long break, giving room to international competitions. Copa America is the Euro’s version of the North and South American countries. Our Copa 2024 favourites guide will shortly break down the tournament. We go through everything, from participants, to betting markets, and who’s likely to win the finals.

Every one of the 16 participating teams has a chance to win the finals. However, we all know that some countries have a better chance of winning. You can compare past results, current lineups, and other aspects to help you determine the favourites and underdogs in each contest. The odds provided by bookmakers also reflect who most people think will win the finals.

Copa America 2024 Winner Odds

Every fan is obsessed about who will win Copa 2024. We’ll have to wait for the group stages and knockouts before getting to the finals. However, bookmakers already have the futures odds for the winner. You can also bet on the top scorer and other future markets. We also expect sportsbooks to have traditional match-to-match betting markets. This includes the outright winner in each game, goal spread, total (under/over), and props. Here’s a table with all the participating teams and their odds of winning the tournament according to Sports Interaction, BetPlays, and Betway:

As you can see from the odds available in leading sportsbooks, Argentina is the obvious favourite to win the Copa 2024 final. However, Brazil, USA, Columbia, and Uruguay can’t be ruled out. Let’s explore the reasoning behind these odds and who we think might clinch the championship in June:

Argentina: As the defending champions and winner of the last FIFA World Cup, Argentina is the favourite to walk away with Copa 2024. The world's number 1 men's soccer team has had a great run, led by their talisman Lionel Messi. La Albiceleste fetch the least returns in the Copa 2024 winner future, but not without good reason. The white and sky-blue host the opening match at the Mercedes Benz Stadium, from which they're expected to make it all the way to the final showdown at the Hard Rock Stadium in Miami. Argentina is in the same group as Chile, Peru, and Canada, and is expected to make it to the knockouts as the group leader.

Brazil: Brazil is another South American outfit expected to come out of the group stages and progress further in the tournament. The world’s number 5 hasn’t been in the best form in recent times and might have struggled throughout qualifications. However, with talents like Vinicius Junior, Rodrygo, and Richarlison, no avid fan will be quick to rule out La Seleção Canarinha from clinching the title. Brazil is in Group D, along with Paraguay, Colombia, and Costa Rica. Apart from Colombia, the remaining teams present little challenge to the former world number 1.

USA: The USA national team might not be the top favourite in most Copa 2024 predictions. However, Gregg Berhalter's men are in no way pushovers. The USMNT has all it takes to upset top dogs like Argentina and Brazil. As the hosts, the team's focus will be to make it from the group stages, where they're lined up against Bolivia, Panama, and Uruguay. The USMNT is expected to emerge from the group stages and might just have enough in them to push through the quarterfinals and semifinals.

Colombia: Colombia is yet another South American team within the top five favourites to win the Copa 2024 finals. In recent years, the team has put up great displays, upsetting the likes of Brazil and ascending the FIFA ranks. The team is lined up against Brazil, Paraguay, and Costa Rica, which are familiar opponents. La Los Cafeteros will be hoping to make it off the group stages and advance further into the tournament. We cannot rule them out from the finals, which is reflected in the odds given by most sportsbooks.

Uruguay: Uruguay is not many people’s cup of tea. Ever since the impressive era of Diego Forlan, the team has struggled to make it to the finals of most tournaments. However, talents like Federico Valverde, Darwin Nunez, Luis Suarez, and Edison Cavani are world-class and can hurt any team. That's why bookmakers still give them a good chance of winning, albeit as underdogs. You never know what can happen in a match. Uruguay is also known for resilience and gritty displays that can make it difficult to break them down.

Past Copa America winners

Copa 2024 will be the 48th iteration of the tournament and will be hosted by the USA. The USA will also play host to the upcoming World Cup 2026. Here's a list of the last 10 Copa America Winners:

• 2021: Argentina
• 2019: Brazil
• 2016: Chile
• 2015: Chile
• 2011: Uruguay
• 2007: Brazil
• 2004: Brazil
• 2001: Colombia
• 1999: Brazil
• 1997: Brazil

Our Prediction 

We can’t help but go with what most soccer betting websites predict. Argentina is the world's number 1 men's soccer team according to FIFA rankings. That says a lot, considering the team is the defending Copa and World Cup champions. Argentina has a well-rounded squad with young players likes Juan Alvarez and Enzo Fernandes, as well as experience provided by the iconic skipper Lionel Messi. It's hard to see any team upsetting this prediction, but soccer, like most sports, is never black and white. 'Every underdog has its day,' and anything could happen. A silly red card, resilient defence, or wasted opportunity to strike is all it takes to lose a match. Nonetheless, we back Argentina to live up to the hype.

The outright winner market is a traditional betting market available in all sports. As the name suggests, this market is all about who will win a tournament. The Copa 2024 winner odds are provided for the outright winner of the tournament, which is a futures market.

This shouldn’t be confused with the moneyline, which is the outright winner of a single event. However, the Copa 2024 final winner will also become the outright winner of that match. Moneyline markets are available for each game, from the tournament opener to the finals.

Some bookmakers have already posted odds for the opening matches, but most only have the future market for the ultimate champion. Before betting on the outright winner, check the team’s FIFA rankings, recent form, head-to-head performances against opponents, squad fitness, preparations, dressing room atmosphere, behind-the-scenes, and more.

Betting on the outright winner of a tournament or league can be overwhelming. There are too many variables, but exhausting each of them will give you a good chance of predicting the winner. Some of the things to consider include the stats of participating teams, odds, and tournament structure. Teams with the best stats have the best chance of winning. They are also usually ranked high in FIFA rankings.

You can check betting sites for odds. Teams that are more likely to win will have lower odds, meaning backing them will give you less profit because the outcome is more likely. The tournament structure will also help you identify opponents. You can see if a team can make it from the group stage and who they’re likely to meet in the knockout stages. The qualifiers, international friendlies and preparation matches can also give you insight into squad depth, dressing room atmosphere, and other aspects. After considering all things, we recommend that you go with the favourites when betting on the outright winner. That’s because favourites emerge as moneyline winners most of the time.

There are various cases where the underdogs have gone ahead and won a tournament. However, this is rare. The underdog is rightfully so because the statistics, recent form and other factors show they’re less likely to win. Nonetheless, underdogs present an opportunity to earn larger profit margins. We don’t expect any surprises for the Copa 2024. Argentina and Brazil will be the most likely winners.

However, the USA, Colombia, Canada, and Mexico all have the potential to cause an upset. The USA is particularly an interesting underdog, given its host status. Colombia has also shown it can beat the likes of Brazil and Argentina in competitive matches. We suggest backing the favourites and having some fun with multiple underdogs just in case.

One good thing about betting on Copa America and other tournaments is the number of markets available. You’re not restricted to the outright winner alone. In fact, you can bet on dozens of markets on each match. Popular markets include the moneyline or winner of the match, spread or goal variation, and over/under, which is the total number of goals scored by both teams.

You can also bet on props, such as who will score the first goal, how many yellow cards will the referee give, or how many corners will the game yield. In terms of futures, you can bet on who will become the tournament’s top goal scorer, the goalkeeper who will receive the golden gloves and the overall player of the tournament. Other match futures like player of the match are also available for each contest.

Most leading bookmakers will offer betting markets on Copa 2024 matches, including futures like who will win the tournament. We’ve only chosen the best betting sites, which means credible, licensed, secure, and trustworthy platforms.

These bookmakers also offer top betting features, including live betting, live streaming, early cashout, bet builders, parlay boosts, and more. They have convenient payment methods, reliable customer support, generous betting bonuses, and sleek apps. Here’s a table of the top bookmakers in Canada if you want to bet on the Copa 2024 final winner: