Argentina Slight Favorite Over Brazil

sportsbookreview.com

27 November 2023

The 2024 Copa America tournament is set to begin on June 20 for its 48th edition and will be hosted by the United States for the second time in history. Our best sports betting apps will open this market very soon.

Fresh off a World Cup victory, Argentina sits atop the 2024 Copa America favorites list. Brazil is right behind them however, along with Uruguay as the only three nations with triple-digit odds to win. Make sure to shop around at our best sports betting sites to get the top odds when they become available.

Argentina opens with odds at +150 with legal Ontario book Betano, while Brazil has +200 odds to win and Uruguay with +550 odds to win. Hosting nation USA is tied for the fifth-highest odds at +1400 along with Chile and Mexico.

Colombia, who has finished as the third-place winner in two of the last three Copa America events, has the fourth-highest odds to win at +1100.

Read on as we look at the best Copa America 2024 odds.

Copa America odds 2024

(Odds as of Nov. 27 and available via our best sportsbooks in Canada)

Copa America 2024 betting analysis

The best sportsbook promos should offer 2024 Copa America odds shortly, with the event set to begin in just six months time.

It seems the World Cup victory for Argentina has earned oddsmakers' trust to be the favorite for 2024 Copa America at +150. It helps that Argentina also won the last event in 2021 and has finished top three in seven straight Copa America events.

Brazil, however, has reached the final the last two events and enters with slightly better value at +200. Uruguay at +550 seems avoidable, last winning in 2011 with better value attached to other nations.

Copa America odds 2024: Favorite

Argentina (+150 via Betano)

It makes sense that oddsmakers would side with Argentina as the team to beat. They typically dominate this event and are coming off a World Cup trophy. The big question is Lionel Messi's status for this event.

It seems safe to assume he will suit up for his country in 2024, still showing a lot of ability with his new club in Miami. Grabbing a ticket on Argentina while they still have plus-value is not a bad bet to consider. If Messi's status worries you, then feel free to hedge bet on Argentina's opponent in single-match betting for great underdog value.

Copa America odds 2024: Contender

If you're not eyeing Argentina, then the only other contender to consider would be Brazil at +200. Brazil is a punching bag of disappointment in recent big events, but they have shown up in Copa America with back-to-back final appearances and a win in 2019.

Brazil have struggled in recent matches however, failing to win their last four which includes an ugly 1-1 draw to Venezuela. They've won only three matches since the World Cup, so tread lightly with this club despite their recent success at Copa America.

Copa America odds 2024: Long shot

This is a team that surprised a lot of people in the World Cup, playing above expectations with a draw against a very good Netherlands club. Despite not reaching the knockout stage, they've won six matches since the World Cup ended along with going unbeaten in eight of nine matches.

Ecuador has beaten many Copa America teams such as Chile and Uruguay, while also losing a very close match 1-0 to favorites Argentina. Ecuador have the potential to be a true dark horse in this event and has testable odds at +2400 on which to take a flier.

Copa America odds 2024: Fade

Not to be a 'Debbie Downer' here, but try to avoid the Americans. If living in America, this might be more difficult to do as rooting for your home country is tough to avoid. If living outside of America, this fade might be easy for you.

The Americans are just too unpredictable, although talented enough to make a run in the event. They are also home throughout, so they will have the crowd on their side more times than not. The issue for the USA comes to the inability to win big matches.

The most recent, and notable, is a penalty kick shootout loss to Panama in the CONCACAF Gold Cup semifinal match. They were also handled by Mexico in the CONCACAF Nations League semifinal, while more recently losing to Trinidad & Tobago on Nov. 20.

Yes, the Americans won aggregate, but they also received a red card and lost the match outright. Many will want to take a ticket on America and root for their home team, but its advised to save your money for a more consistent club.

Copa America 2024 FAQs

Who is the 2024 Copa America favorite?

Argentina are the favorites to win the 2024 Copa America following their impressive performance at the World Cup.

Who won the last Copa America?

Argentina won the last Copa America event which took place in 2021 and was hosted by Brazil, who were runner-ups.

Where is the 2024 Copa America?

The United States will host the 2024 Copa America, with Atlanta and Miami Gardens holding matches.

When is the 2024 Copa America?

The tournament is set to begin on June 20, 2024 and run until July 14, 2024.

How to bet on the Copa America

All of our best sportsbooks are expected to feature odds for the tournament. You'll be able to bet on the outright champion, as well as on group winners and specific matches throughout the event.