2024 Copa America Betting: Expert Guide to the Best Odds and Sites

Copa America is one of the biggest soccer tournaments in the world. Some of the world’s best players come together to represent their national teams and battle against other South American nations. The 2024 Copa America is an extra special event with six teams from North America also in the competition.

This page will tell you all about how you can bet on Copa America 2024. We’ll tell you the best Copa America betting sites, the best sports betting strategies, and, of course, go over the Copa America favorites.

Argentina have the top odds to win Copa America. Most soccer betting sites give have their futures odds at 2.75 or less to win the tournament. Brazil follows Argentina at around 3.25 with most top Copa America sportsbooks. Uruguay (6.00), Colombia (11.00), and the USA (13.00) round out the top five, but none are genuine challengers compared to Argentina and Brazil.

Current Odds for Top Contenders

Country
Argentina	2.75	2.75	2.75
Brazil	3.25	3.25	3.25
Uruguay	6	5.5	6
Colombia	11	12	11
USA	13	13	13
Mexico	13	12	13
Ecuador	17	17	15
Chile	29	29	31
Peru	51	51	51
Paraguay	67	67	67
Venezuela	67	81	81
Canada	67	67	67
Jamaica	151	201	201
Bolivia	151	201	201
Costa Rica	81	101	101
Panama	151	201	201

Long Shot Bets: Potential High Payouts

The Copa America is full of underdogs. If you decide to back one of these teams to win the Copa America, you could potentially win big. For example, if you bet just €50, you could get €600 if they win.

As you’d expect, the reason these payout are so high is because the underdogs are not likely to win. This makes long shot bets, such as betting on the US to win, dangerous compared to backing a favorite.

Betting on underdogs can be less risky than it looks though. For example, Brazil are going to have loads of fans backing them in any match. This could skew the sports betting market to make them seem like bigger favorites than they actually are. This is when it’s a good time to bet against the spread.

Our sportsbook experts have reviewed all the best soccer betting sites and analyzed their bonus offers, wagering requirements, safety, betting apps, and other betting features. After our thorough review process, we can confidently say 10bet, Betfred, and William Hill are the best places to bet on the Copa America.

Top-Rated Sportsbooks for Betting on Copa America

Before diving in with one of our top sportsbooks, read our full breakdown of each below to learn what makes these sports betting sites unique.

10bet is a leading international sports betting site with some of the best odds on the market and a huge selection of live bets. If you sign up now and pick this site for betting on Copa America, you can take advantage of great 100% deposit match bonus up to $1,000 and a wide variety of other Copa America sportsbook promo offers.

Advantages:

• Promos for almost every Copa America match
• Competitive odds
• 30+ sports available to bet on
• 10-tiered loyalty program

BetFred is one of the biggest and most reputable sports betting brands in the United Kingdom and one of the best sportsbooks to place in-play bets. It recently crossed the pond to the US and is now legal in ten states (AZ, CO, IA, LA, MD, NV, OH, PA, VA, WA). When you sign up to this big-name sportsbook now, you can claim a $105 risk-free first bet.

Advantages:

• Highly-rated iOS and Android sportsbook app
• World class reputation
• Regular odds boosts and other promos
• Phone, text, and 24/7 live chat customer support

William Hill is another top sportsbook with a huge reputation all around the world. For football betting specifically, this sportsbook stands out for having more bets per match than almost every other site. Also, William Hill’s early cash out, bet builder, daily list of boosted odds, are betting features we think every sports bettor will love.

Advantages:

• 500+ bets available for every Copa America match
• Bet builder, top price guarantee and other sportsbook features
• Rewards program
• Modern user interface

First played in 1916, the Copa America is one of the oldest and most prestigious sporting competitions in the world. Every four years, the top nations and some of the best players in the world battle it out to become South American champions in some of the most intense spectacles in all of soccer.

No matter where you choose to do your Copa America betting online, these are the types of soccer bets you should know about:

Match Result

When you bet on a single match, for example a bet on Brazil to win, you are betting on the match result. In soccer, there are three possible results; Team 1 could win, Team 2 could win, or it will be a draw. Bettors love these bets because they are super simple and often have big payouts.

Tournament Bets

Tournament bets, also called futures bets or outright bets, are bets on some outcome of the tournament bigger than a single game. For example, if you bet on Mexico to win Copa America. It doesn’t have to be a bet on a team. You could bet on Messi to win the Golden Boot or another player-specific wager as well.

Double Chance

As we explained above, there are three results in soccer; 1 wins, 2 wins, or a draw. Double chance bets allow you to bet on multiple outcomes. For example, if the US play Argentina, you could bet on the US to win or draw in the match. Because they would be huge underdogs, you could still get good value for a bet like this.

Correct Score

Betting on the exact score of a match is an extremely common bet with both new and experienced bettors. These bets are inherently risky compared to match result bets, but they can be really fun when you plan on watching the match live.

Total Goals

Totals bets, also called over/under bets, are wagers on the number of combined goals scored in a match. Sportsbooks will set a win, and you simply bet whether you think there will be more or less than the line. For example, if the line is 2.5 goals and you think three goals will be scored, you would bet the over.

Anytime Goalscorer

Got a feeling that a Messi or Vini Junior will score? Then, back him by placing an anytime goalscorer player prop bet. If you’re right, you could potentially get a big payout. However, be wary of betting on popular players since the odds are sometimes not worth the risk.

Double Result

If match result betting isn’t enough for you, consider double result bets. To win these wagers, you have to bet on the winner at halftime and full time. Because you have to essentially predict the entire match, these are riskier bets than match result bets. They also have bigger payouts.

When it comes to who will win Copa America 2024, two nations stand out above the rest; Argentina and Brazil. These top two teams have won the last two Copa Americas. Here’s what you need to know about the tournament favorites and other big names taking part in this summer’s tournament:

Argentina — odds to win 2.75

Argentina are the consensus favorites to win Copa America. La Albiceleste are reigning world Champions and won the last Copa America in 2021. In addition to their experience and winning culture, Argentina’s strength comes from the sheer amount of talent on their squad.

Along with Lionel Messi, Argentina has Man City’s Julián Álvarez, Liverpool’s Alexis Mac Allister, and Lautaro Martínez from Inter Milan. Manager Lionel Scaloni isn’t a tactical genius like Pep Guardiola, but he knows how to put his players in the best positions to win when it matters most in big tournaments.

Brazil — odds to win 3.25

According to the tournament futures betting odds, Brazil are the second most likely to win the 2024 Copa America. Like Argentina, the A Seleção squad features the top and most talented players in the world. Real Madrid 's Vinícius Júnior and Rodrygo lead the line, with stars like Bruno Guimarães and Lucas Paquetá backing them up in midfield. Liverpool’s Alisson is at the base of it all in goal.

Unlike Argentina, Brazil don’t have the best form heading into the tournament, drawing 1-1 with the US. They also don’t have the experience that Argentina does. With that being said, they are well-deserving of their favorites tag.

Mexico — odds to win 12.00

Along with the US, Mexico are one of the two Gigantes de Concacaf (Giants of Concacaf). In recent years though, El Tri have not lived up to their giant status. Mexico have lost three of their last four matches heading into Copa America, including a Nations League final matchup against their bitter rivals USA.

Manager Jaime Lozano has called up a very young and inexperienced side, with all but seven players coming from the Mexican league.

Mexico’s youngsters will have a tough battle in store for them, having been drawn into a tough 2024 Copa America Group Balongside Venezuela, Ecuador, and Jamaica.

Uruguay — odds to win 6.00

Besides Argentina and Brazil, Uruguay have the best chances to win the Copa America. Former Leeds United manager Marcelo Bielsa has turned La Celeste into an aggressive, high-pressing machine. When you add in the talent up front of Darwin Nunez and others, Uruguay are a team who can cause anyone problems.

Don’t believe us? Uruguay are second in CONMEBOL 2026 WQC. In November, they beat Argentina 2-0 away at La Bombonera in Buenos Aires. More recently, Bielsa’s boys battered Mexico 4-0 in their last pre-tournament friendly before their Group C matchup against Panama on June 23.

Mightytips Predictors Opinion:

What teams do you think are the favourites of Copa America and why?

Now that you know a little about the favorites and who our expert predictors will be looking for, let’s dive into some of the underdogs. If you bet on one of these teams to win, you should expect to lose your bet. If you get lucky and win though, you will see yourself getting a massive payout from your bet.

USA — odds to win 13.00

As hosts of the tournament, the US are expected to perform well at the 2024 Copa America. If you ask many USMNT fans, it’s semi-finals or bust for the Americans and beleaguered head coach Gregg Berhalter.

With talents like AC Milan’s Christian Pulisic, Dortmund’s Gio Reyna, and Juve’s Weston McKennie in the team, it’s no wonder expectations are so high. They will need some luck–especially in a tough group like Group C with Uruguay, Bolivia, and Concacaf rivals Panama–but if things go their way, the US could very well end up going far.

Chile — odds to win 29.00

Chile have won two of the last four Copa Americas. Unfortunately for La Roja, the players who delivered them those two South American championships are all but gone.

34-year-old Eduardo Vargas, 36-year-old Alexis Sánchez and Mauricio Isla, and 41-year-old Claudio Bravo are the only players on this current Chile side who played a major role in their last Copa America win. These players are all expected to play a big part in Chile’s 2024 campaign.

The age of Chile’s key players is one of the reasons they probably won’t win this year. Who knows though. If lightning strikes again in the US forLa Roja, you might see Chile finish as Copa America winners once again.

Colombia — odds to win 11.00

Like Uruguay, Colombia are another side teams will want to avoid at this year’s Copa America.

Los Cafeteros have not lost a match since February 2022. They're third in CONMEBOL WCQ and have a squad full of scary players like Luis Díaz and James Rodríguez who can blow any game open if given the chance.

Colombia’s dangerous side was on full display in their two pre-tournament friendlies. They killed the US 5-1 in Washington DC on June 8. Just a week later, Colombia smashed South American rivals Bolivia by a score of three to nil.

Ecuador — odds to win 17.00

Ecuador surprised everyone at the 2022 World Cup by nearly getting out of a group with Senegal and global soccer powerhouses the Netherlands. Unfortunately for La Tri the team they are bringing to the Copa America is slightly weaker than that side.

Brighton left back Pervis Estupiñán is out with injury. He is one of the most dangerous crossers in all of soccer and one of Ecuador’s most important players. Enner Valencia is also two years older and Moises Caicedo suffered a dip in form since moving to Chelsea.

On the bright side, 17-year-old Kendry Páez has emerged as a genuine option. If their young players, like Páez, get hot, Ecuador could go far.

Mightytips Predictors Opinion: What team do you think is the "dark horse" of Copa America?

Whether you are an experienced sports bettor or completely new to the world of online sports betting, it’s good to know some of the best soccer betting strategies before placing your Copa America bets. Here are our more important tips:

Expert Betting Tips for Beginners and Pros

1. Pick Multiple Winners

   Hedging your bets isn’t always a smart strategy. In the case of futures bets at a major tournament like the 2024 Euro or Copa America, it can be a good way to protect yourself from all possible outcomes. You to not need to bet much. Just spread out your winners bet by picking a favorite, underdog, and longshot.

2. Don’t Ignore the Draw Market

   Sports bettors, especially those who don’t usually bet on soccer, often get caught up in picking winners and losers. It doesn’t make any sense though. Draws are a very common outcome in soccer. If you think a match is even, don’t be afraid to go for a draw.

3. Use Double Chance Only on Big Underdogs

   The double chance market is often overlooked by bettors because betting on the favorites with a double chance bet does not payout very much. When it comes to underdogs though, double chance betting is one of the best ways to bet. Unlike betting favorites, you can find very high value double chance bets when backing the underdog.

4. Enjoy Parlays Within Reason

   A lot of new sports bettors get excited when they see how much they could win if a massive parlay hits. Don’t get distracted by the potential payout and only bet parlays that you’re confident actually have a chance of winning.

5. Pay Attention to Groups

   The dynamics of a group can affect whether a team will try to win all three points or just settle for one and a draw. Make sure you know where each team stands and what they need from the match before placing your bet.

INTERESTING FACT ABOUT COPA AMERICA:

First played in 1916, Copa America is the oldest active continental soccer competition in the world.

Key Factors to Consider Before Placing Bets

Betting Odds: Soccer odds vary from site to site. Get the most out of your bets by finding the highest value odds for your bet before placing your wager.

Form, injuries, betting trends: Learning as much about the teams you’re betting on is the best way to ensure you’re placing smart bets with the best chance of winning. Injuries and recent form are the best indicators. You can also look at certain markets specifically, such as whether or not a team usually scores first.

Home-Field Advantage: The US is a big country full of fans of every Copa America team. It helps to know where the teams will be playing and whether they will have a strong fan showing at that stadium compared to the opponent.

How to Utilize In-Play Betting to Your Advantage

In-play betting, or live betting, refers to placing bets on a match that is already underway. Here are some tips to keep in mind for when you place live Copa America bets.

Watch the odds: Live odds change rapidly. Sometimes a sportsbook overreacts with its live odds based on something in a match. Recognizing when this is happening is a great way to win high-value bets.

Manage your emotions: Watching a match live, especially when you’re watching your team, can heighten your emotions. Try as hard as you can to bet with your brain and not your heart when you place in-play bets.

Use a system: One of the best ways to not get burnt by a bad in-play bet is to have a system or set of rules for yourself. The most common one is to have a set betting unit and stick to 1x or 2x that unit for your live bets.

Single-game betting is the simplest and most popular way to wager on the Copa America. It’s far from the only way though. Here are some fun markets you should consider betting on this summer:

Top Goal Scorer Predictions and Odds

Betting on who will score the most goals is one of the most popular Copa America prop markets. If you want to get in on the action, here are some potential Golden Boot winners you should know about:

Lionel Messi (Argentina): Messi may not be playing at the highest level anyone after joining Inter Miami in MLS last summer, but he’s still one of the best players in the world. Argentina should go far in this tournament and Messi should score lots of goals.

Vinicius Junior (Brazil): Real Madrid’s Vinicius Junior has yet to deliver for Brazil the way he has for his club side. However, many are tipping Copa America 2024 to be the young star’s breakout tournament for A Seleção.

Darwin Nunez (Uruguay): Marcelo Bielsa has turned Darwin Nunez into one of the most clinical strikers in the world. If Uruguay go far, we might see the Liverpool forward at the top of the goal scoring chart.

Candidates
Jose Vinicius Junior	5	5
Lionel Messi	4.5	4
Darwin Nunez	5.5	5.5
Julian Alvarez	5.5	5.5
Lautaro Martinez	5.5	5.5
de Goes Rodrygo	9	9
Raphinha	23	23
Gabriel Martinelli	12	13
Facundo Pellistri	26	26
Luis Diaz	41	41

Betting on Group Stage Outcomes

16 teams in four groups of four teams will battle it out for 8 spots in the knockout round, starting on June 20. The best sportsbooks let you bet on these groups just like you would the rest of the Copa America.

For example, you could bet on a team to win a Group. If you’re confident they’ll do well, but not sure they’ll win, you could hedge your bets and place a wager on them to finish in the top two and advance from the group.

Group A - Winner

Country
Argentina	1.14	1.14	1.15
Chile	7	7	7.4
Peru	13	13	11.5
Canada	51	51	19.5

Group B - Winner

Country
Mexico	2.1	2.1	2.15
Ecuador	2.6	2.6	2.65
Venezuela	6.5	6.5	6.55
Jamaica	10	10	9.4

Group C - Winner

Country
Uruguay	1.72	1.72	1.72
USA	2.37	2.37	2.38
Panama	17	17	17
Bolivia	19	19	17

Group D - Winner

Country
Brazil	1.4	1.4	1.4
Colombia	3.75	3.75	3.75
Paraguay	13	13	13
Costa Rica	19	19	19

Interesting Prop Bets for Copa America Fans

The bets we’ve covered so far are just some of the popular ways you can wager on the Copa America online. Here are some of the more unique prop bet markets you might also be interested in:

• Anytime goalscorer: Got a feeling that a certain player will score? Then, back him by placing an anytime goalscorer player prop bet.
• Single-Game Parlays: Many online sports betting sites allow you to combine multiple props on different aspects of a single match as a same-game parlay. The best sportsbooks will offer premade parlays with an odds odds boost as Copa America promos.
• Corners Totals: Looking to spice up a match you weren’t really that interested in? Place a bet on the total number of corners in the match.
• Card Betting: Think a player will get a yellow or see red? You can bet on that. Many top sportsbooks offer wagers on whether or not a player will be carded in a match.

Brazil have the most World Cup wins in history, but it’s Argentina and Uruguay who have historically dominated the Copa America. Both nations have won it 15 times. Brazil have just 9 Copa Americas.

Past Winners and Their Impact on Current Odds

Here is every Copa America winner since 1997:

If a team has a long history of winning a competition, that can sometimes warp how good modern bettors view their chances. It’s like when thousands of people bet on Manchester United to win the Premier League every year because they are a big name.

Nothing like that is happening at Copa America 2024. Argentina and Brazil have big reputations in the Copa America, winning it a combined 24 times, but they are well-deserving of their status as favorites.

Historical Betting Trends in Copa America

Brazil or Argentina have been the favorites in each of the last five Copa America tournaments. During that same period, the favorite has won just a single Copa America. That was when Neymar and Brazil won on home soil in 2019.

This pattern is bad news for Argentina who have lost every Copa America they have been favorite in going back to 2011.

Key Matches That Shaped Copa America History

• Uruguay 4 - Chile 0 (July 2, 1916): Almost exactly 108 years ago, Uruguay beat Chile 4-0 in the first ever Copa America match. La Celeste would go on to beat Brazil 2-1 on July 12, 1916 and draw with Argentina five days later to become the first Copa America title.
• Argentina 1 - Brazil 1 (April 4, 1959): The 1959 Copa America was a round robin tournament. Each team played each other once and the one with the most points would be named champion. It all came down to the final match of the tournament between bitter rivals Argentina and Brazil. The Brazilians needed a win. Argentina just needed a draw. In the end, La Albiceleste got their draw and won their 12th Copa America. This was the only Copa America Pelé played in throughout his illustrious career.
• Chile 0 - Argentina 0 p. 4-2 (June 26, 2016): The Copa America Centenario celebrated the 100-year anniversary of the Copa America, hosted in the United States, this tournament was Argentina’s and Messi’s to win. They had lost the previous year against Chile on penalties. It couldn’t happen again, could it? It could. On June 26, 2016, the Chileans won the Copa America Centenario, beating Argentina on penalties in the final for the second consecutive year.
• Argentina 1 - Brazil 0 (July 10, 2021): After years of heartache and 23 years without an international trophy, Messi finally delivered for his national team. La Pulga and his compatriots defeated their archrivals Brazil at the Estádio do Maracanã in Rio de Janeiro, breaking the hearts of thousands of Brazil fans and cementing Messi’s legacy as one of the best players of all time.

Who will be the Winner of the Copa America Best Player Award?

Who will you personally support and why?

The Copa America only comes around every three or four years. Hopefully, you’re now ready to bet on this rare and special soccer spectacle after reading this page. Remember, do your research, look around for the best odds, and have fun with your Copa America betting online this summer.