FIFA Women’s World Cup Betting Odds: Top Sportsbooks & Betting Guide

The Women's FIFA World Cup has become a popular tournament since its first iteration in 1991. Four-time world champions USA remain the favourites to win at most bookmakers.

Bookmakers tipped the USA to win the last campaign (2019), which they did, but anything can happen. England, France, Argentina, and Brazil all seem in good shape, and you can never write off Japan.

Canadian punters will be happy to see their team go further in the tournament, as it is tipped as the 10th favourite to win the cup. Only a few would back Canada to cause an upset, but no one knows who will win women’s world cup in 2023.

The tournament also offers a lot to predict other than the outright winner. You can bet on individual matches and markets like the moneyline, spread, totals, and player props. Futures, parlays, multi-bets, and handicaps are also available.

All 29 of 32 direct spots have already been filled, with the remaining three being determined through playoff matches between the confederations.

The USA, Germany, and Japan have won the last five iterations of the world cup. Nearly all bookmakers back the USA to win, but England, Germany, Spain, and France aren’t far off.

Here’s an overview of the women’s world cup betting odds for who will win the tournament.

Betting on the 2023 women’s world cup isn’t any different from betting on other soccer tournaments. With 32 teams and eight groups, the tournament offers 64 games. Each game has several markets, and you can shop for odds from different betting sites.

Here's an overview of the betting markets, bet types, odds, and betting strategies:

The women's world cup offers various betting markets and types. You can bet on the outright winner of a given match (moneyline), score variation (spread), and totals (over/under), which are the traditional lines.

The tournament also offers lots of futures, so you can bet on who will reach the latter stages and win the title.

Below are the top women’s world cup betting markets:

• Moneyline: This bet involves wagering on the outright winner of a match. For example, Canada takes on Nigeria in their opening match at the competition. You can back Canada or Nigeria to win or choose a draw.
• Spread: The spread or points spread bet involves betting on the score variation, like how many goals one team will score more than the other. You can also bet against the spread, which backs the underdog not losing by more than a given number of goals.
• Totals: Also known as over/under, the total bet involves wagering on the aggregate score, like how many goals will be scored by both teams. You can wager on the combined score will be over or under a specified threshold.
• Props & Futures: Prop bets involve wagering on smaller outcomes in the game, like how many corners or yellow cards a team will get. Futures are all future outcomes, like who wins the 2023 women’s world cup.
• Handicap: A handicap bet involves giving the underdog an advantage and the favourite a disadvantage before the game begins. One team can start the match one or two goals down or up.

Single-game betting is popular on modern soccer betting sites and is available in the upcoming world cup games.
A single bet involves selecting one event and market on the slip and placing your wager.

An example is betting on Canada to win their match against Nigeria in the moneyline bet or backing Nigeria against the spread.

Punters can also bet on parlays, which involves two or more markets on the betting slip. You can bet on Canada to win in the moneyline bet, plus the game to end in over 3.5 goals in the total bet.

The women’s world cup betting odds come in standard formats for soccer events. Each betting market has a unique format. Here’s an example of a moneyline bet:

• Nigeria +1300
• Canada -800
• Draw +650

In this example, you can win $1300 when you bet $100 on Nigeria to win, and they win. If you bet on Canada to win, you must wager $800 to win $100. Canada is the favourite to win, so they have lower odds. 

You can also bet on the game to draw, which pays $650 for a $100 bet. Here’s an example of a spread bet:

• Nigeria +2.5 (-120)
• Canada -2.5 (-120)

In this example, Canada must score at least 3 goals more than Nigeria to cover the spread. If they do, like in a 4-1 score, you can win $100 from a $120 bet.

If the game ends 4-2, the difference is 2 goals, which is below the 2.5-goal threshold, so those who bet on Nigeria against the spread will win. Nigeria's work is to avoid losing by more than 2 goals.

Here's an example of a totals bet:

• Over 3.5 +200
• Under 3.5 +200

In this example, you can bet on the match to end in more than or less than 3 goals. If you choose over, you can win $200 if the game results in four or more goals, like in a 3-1 or 2-2 score.
If you choose under, you'll win if the game ends with three or fewer goals, like in 2-1, 3-0, or 1-1 outcomes.

Betting on the 2023 women's world cup is more or less like other soccer matches. You'll encounter the same markets and range of odds.

Find out about the teams, recent form and results, top players and availability, dressing room atmosphere, and head-to-head performances. The more information you have about a team, the more accurately you can predict their results.

Betting on the favourite is popular because it's the obvious choice on a moneyline bet. However, the moneyline may have low odds. You can wait for the game to go live, then leverage better in-play odds. 

Spreads and totals are also simple bets to determine. Master these traditional markets before exploring props, futures, and multi-game parlays. Here are more betting tips and strategies:

• Bet on live games if you’re unsure which team will win
• Compare sports betting sites for the best odds
• Avoid all personal biases when making predictions
• Leverage parlays and early cashout features
• Choose a legitimate sportsbook and leverage bonuses if available
• Set aside your betting funds to avoid spending more
• Follow team news and last-minute developments

Nearly all soccer matches have a favourite and an underdog. You can tell this by the odds given by bookmakers.

For example, the women's world cup 2023 odds of Canada winning their opener against Nigeria pay less than Nigeria's odds of winning. Here's an example:

• Nigeria +1300
• Canada –800

Nigeria is the underdog, so you can win $1300 if you bet $100, and they win. However, Canada is a huge favourite to win the match, so you must bet $800 to win $100.

The + sign immediately indicates the underdog, while the – sign is for the favourite in moneyline and spread/handicap bets.

The favourite is who everyone thinks will win the match based on their squad quality and strength, world ranking, past meetings, and recent form/results.

Underdog denotes who everyone believes will lose the match. You can still back the underdog against the spread, which means they can lose but still make you money.

The 2023 Women's World Cup favourites are the USA team at this time of writing, and they are also backed by most of the bookmakers, but anything could change.

Nearly all top-rated betting sites in Canada will provide markets and odds on the 2023 FIFA Women's World Cup. 
You should choose a licensed sportsbook with advanced security features, real money betting, reliable banking and 24/7 customer support.

Here's an overview of the five best sites you can join to bet on the women’s world cup matches:

• Sports Interaction
• Bet99
• 888sport
• Betway
• LeoVegas

The best sports betting sites offer many features, including live streaming, live betting, early cashout, parlay builders, odds boosts, and more.

Below are some of the top betting features to look for in sportsbooks:

• Live Betting: Nearly all top sportsbooks offer live betting, which allows you to bet on ongoing matches instead of pre-match fixed odds. The live odds keep changing, giving you opportunities to read the game better and back different outcomes.
• Live Streaming: Most sportsbooks offer live streaming features to help punters get real-time information about ongoing matches. You can use the live streaming feature and live betting to identify opportunities in games currently being played.
• Cashout: The cashout feature lets you get something from your bet slip before all the matches are played. If multiple events are on the slip and some end as predicted, you can cash out part of the winning.
• Parlay Builder: A parlay builder makes it easier to select markets from one or more events and build a bet slip. You can find same-game parlays and multi-bets from different matches. Parlay builders often feature boosted odds.
• Odds Boost: Some sportsbooks offer odds boosts when you select specific markets or odds above a specified threshold. You can also find odds boosts on preselected combo bets. Odds boosts translate to a higher potential payout.
• News Feed: The news feed feature can help you keep tabs on emerging updates. Odds often change as more people bet, and players can get injured during training or fall ill before a match. News updates can help you make informed betting decisions.

Finding online sportsbooks or sports betting apps with markets and odds on the women's world cup is effortless. However, choosing reliable platforms takes careful review and comparison.

Below is an overview of the criteria we use to rank the best betting sites:

• World Cup coverage

The 2023 FIFA Women's World Cup coverage is among the first things we check. We aim to find sites offering betting opportunities to bet on all the 64 matches played at the tournament.

Leading sportsbooks offer full coverage, but you may not have features like live streaming on all matches. 

• 2023 FIFA Women's World Cup markets and odds

Nearly all sportsbooks offering markets on the 2023 FIFA Women's World Cup will feature the moneyline, spread, and total bet. We look beyond the standard lines to explore props and futures that might not be available everywhere.

Our team also compares the odds to find sportsbooks that have competitive odds. Higher odds mean more payout on the same outcomes.

• License and Security

All sports betting sites and apps we recommend are owned by legitimate operators. The bookmakers have valid gambling licenses from Canada (Ontario IGO, Kahnawake Gaming Commission), the UK Gambling Commission, Malta Gaming Authority, Curacao, Gibraltar, Alderney, or other credible regulators.

We also choose secure sites protected using advanced SSL, 24/7 malware sweeps, and strict privacy policies.

• Bonuses and Promotions

Most sportsbooks offer bonuses and promotions to new players. You can claim free bets, welcome bonus packages, cashback, and other promotions.

We review all bonuses, including the terms and conditions. Our mission is to find sites with bonuses you can spend on the women's world cup games. We also check out other regular offers.

• Banking Options & Convenience

You need a convenient way to deposit and withdraw funds to bet on world cup matches. We review payment options for standard banking methods like Visa, Mastercard, Maestro, Skrill, Neteller, ecoPayz, Interac, Jeton, AstroPay, Paysafecard, PayPal, MuchBetter, Bank Transfers, and Cryptocurrencies.

Our team also explores the payment limits, fees, durations, and withdrawal requirements like ID verification.

• Mobile & Customer Service Experience

You can download the best FIFA world cup women betting app for your device or bet directly on your browser. Our team reviews the overall mobile betting experience, including the responsiveness, user interface, navigation options, and ease of use.

We also look for sportsbooks with 24/7 live chat, email, FAQs, and other customer support channels.

All 32 outfits performing in the 2023 women's world cup have been determined. Twenty-nine teams were chosen after successfully qualifying from their confederations, while three came from the inter-confederation playoff.

Here's the distribution:

• Asia (AFC): 6 teams
• Africa (CAF): 4 teams
• North/Central America & Caribbean (CONCACAF): 4 teams
• South America (CONMEBOL): 3 teams
• Oceania (OFC): 1 team
• Europe (UEFA): 11 teams
• Inter-Confederation Playoff: 3 teams

The 29 direct spot teams qualify by winning their respective qualifying matches organized in local leagues, known as confederations.

The confederations also participate in a joint playoff, providing teams to play for the three available slots. 

Once the 32-team threshold is met, the countries are spread across eight groups with four teams each in a broadcasted draw. All eight 2023 women's world cup groups have been drawn, so everyone knows their opponents.

A total of 32 teams have qualified for the women’s world cup. Canada, the USA, Australia, Germany, England, Spain, France, Sweden and Norway all come in strong into the tournament. If you fancy women’s world cup betting, here are the qualified teams to watch out for:

• Canada, USA, & Australia

Local eyes will be on the Canadian team, which is tipped to qualify from Group B. The team will face Nigeria, Australia, and the Republic of Ireland.

Australia is a strong favourite to top the group, but two teams qualify, and Canada is the second favourite to make it to the knockout rounds. Canada qualified through the CONCACAF qualifying round, where teams are drawn into six groups of five each. Six leaders of each group go into a separate tournament.

Two teams from the final tournament qualify automatically. That was Canada and USA. The USA is the most prolific team at the world cup with four wins, including the last two (2019 and 2015). 

• England, Spain, Germany, & France

The four big European clubs are all tipped among the top five to win the tournament. All four qualified swiftly by topping their UEFA group stage matches, where 51 teams are drawn into nine groups.

The nine leaders automatically qualify, which was the case for England, Germany, Spain, and France. Other automatic qualifiers included Sweden, Netherlands, Denmark, Norway, and Italy.

Switzerland and the Republic of Ireland had to go through a playoff. England, Spain, and France recorded 100% wins after beating all their opponents, while Germany lost one of their ten matches.

Apart from USA, England and Spain are the other two teams tipped to win the 2023 women's world cup.

1. The first FIFA Women's World Cup competition was held in 1991. The women's tournament has been held every four years since. Traditionally, this schedule places the women's world cup one year after the Men's World Cup. The 2023 tournament will be the 9th iteration.
2. Only four teams have shared the 8 FIFA Women's World Cup Championships. These four teams are USA, Germany, Norway, and Japan. The USA has advanced to 5 Finals and won four of them. Their one loss to Japan was after a 2-2 draw that went into penalties, with Japan winning 3-1. Germany has also won twice.
3. The highest number of goals a player has scored at the FIFA Women’s World Cup tournament is 7. This feat was achieved by Brigit Prinz of Germany in 2003 and Marta of Brazil in 2007. Germany’s Celia Sasic and USA’s Megan Rapinoe topped the 2015 and 19 scoreboards with six goals each.
4. The 2023 FIFA Women's World Cup will be held in Australia and New Zealand. With so many teams in great form, pundits believe a new outfit might lift the trophy. England, Spain, and France are among the teams many people back to win. Australia also has a decent chance, but they must first go through Canada, which is in top shape.
5. Punters can wager on the FIFA Women's World Cup 2023. If you follow women's soccer, identifying winners should be easy, but such stages always present shockers. You can also leverage FIFA world cup women's betting tips to help you identify favourites, underdogs, hot markets, and odds.

Previous Winners

Although eight competitions have been organized since 1991, only four winners have emerged from the FIFA Women's World Cup. The USA has won half the championships, with Germany taking half the remaining trophies. Norway and Japan have one a piece. Here's an overview of the winners of the last five tournaments:

• 2019: USA won the 2019 World Cup held in France. The team beat Runner-up Netherlands 2-0 during regulation time.
• 2015: USA won the 2015 World Cup held in Canada. The team beat Runner-up Japan 5-2 during regulation time.
• 2011: Japan won the 2019 World Cup held in Germany. Japan beat Runner-up USA 3-1 in the penalty shootout after both teams drew 2-2 during regulation time.
• 2007: Germany won the 2007 World Cup held in China. The team beat Runner-up Brazil 2-0 during regulation time.
• 2003: Germany won the 2019 World Cup held in the USA. The team beat Runner-up Sweden 2-1 during regulation time.