About Copa America
The first Copa America was held in 1916 in Argentina, with Argentina, Chile, Brazil and Uruguay being the first countries to participate. The competition has changed formats throughout its existence, with a lot of turbulence regarding the number of teams and competition frequency, which was not the case with Copa Libertadores, for example..
From four teams at the beginning of the 20th century, the tournament had editions with different numbers of contestants, lately typically being between 10 and 16 teams. Also, the championship was played every year at first, but there have been many changes throughout the years, finally arriving at a four-year interval, coinciding with the Euros, with the previous edition played in 2021 because of the COVID pandemic, even though it was previously scheduled for 2020.
This year’s tournament is played from June 20 to July 14, 2024, in the United States. It is officially the 48th edition of Copa America, with the defending champions, Argentina, once again considered a favourite to win the championship.
Following a partnership between the traditional organiser, CONMEBOL (The South American Football Confederation) and CONCACAF (The Confederation of North, Central America and Caribbean Association Football), the tournament will have 16 teams, traditionally ten from South America, and six guest teams that qualified through CONCACAF Nations League. The teams will be divided into four groups of four teams, with the top two teams from each group advancing to the knock-out phase.
How to Bet on Copa America
With the growing popularity of the tournament, many sportsbooks offer bettors opportunities to bet on Copa America 2024. The first step is to find licensed sportsbooks that best suit your betting preferences. Such sportsbooks should offer the markets you enjoy betting on, good promotions and odds, payment methods you typically use, and solid customer support when you need assistance.
Once you find sportsbooks like that, you can sign up with one or more and claim a welcome bonus offer if you like it. When you have finished setting up your account, here’s how to place your bets on Copa America betting sites:
- Pick a payment method and deposit money for your bets. If you wish to claim a welcome bonus, make sure the deposit qualifies for your chosen offer.
- Head to the section dedicated to Copa America (most betting sites have those), and make sure to use the betting odds format you understand.
- Pick the Copa America market and choose the odds for the bet you are looking to place.
- Enter the amount you want to bet on selected odds and confirm your bet.
Best sports betting sites offer many outright markets you can bet on before the tournament begins, for example, if you wish to predict the tournament winner or group winners.
Copa America Betting Odds
According to betting sites, the defending champion, Argentina, is the favourite to defend the title in this year’s edition of the tournament. When translated into Copa America 2024 betting odds, Argentina stands at around 2.70, closely followed by Brazil at 3.25 at the moment we checked the outright winner market odds.
You can also bet on Copa America 2024 group winners and runner-ups that qualify for the playoffs, with odds already available at outright markets. We advise you to look at the odds and follow their potential fluctuations to decide the right time to place your bets. Unexpected situations, like a key player’s injury, could happen, and that could change the odds on that team to win the group or the entire tournament.
Most Popular Betting Markets
Plenty of outright markets are available months ahead of the tournament for Copa America betting online, and you can use that to bet on your favourites. You can also bet on individual group-phase matches beforehand, and once the tournament begins, sportsbooks will offer many markets to bet pre-match and in-play.
Let’s start with the most popular outright betting markets:
- Copa America 2024 Winner: If you are confident about this market, check out the odds and predict the tournament winner.
- Group Winner: Sportsbooks have decided their favourites for winning some groups, but it’s not such a clear-cut case for the others, making this market particularly interesting for punters who enjoy challenging bets.
- To Reach Semi-Finals, the Final: If you look at the draw and feel particularly confident that you can guess who will reach the later stages of the tournament, these markets are a good choice for you.
You can also predict whether a team will qualify for the competition's knockout phase, meaning whether they will finish first or second in their groups. Other popular pre-tournament markets include predicting the top goalscorer, the best player and so on, but those markets are not available at the moment of writing this guide.
Once the tournament is underway, you will have plenty of available markets to bet on, like betting on match winners, number of scored goals, corners, yellow cards, and so on. You can do that at any sportsbook that offers Copa America betting odds. Players who prefer in-play betting will also have a vast offer to enjoy and make their sports betting more exciting.
Copa America 2024 Groups
As we have mentioned before, the teams are divided into four groups of four teams, with the top two from each group progressing to the knockout stage. The defending champions, Argentina, will play the opening match against Canada on June 20, and the final will be played on July 14.
This is what the groups look like for Copa America 2024, the 48th tournament edition:
- Group A: Argentina, Peru, Chile, Canada
- Group B: Mexico, Ecuador, Venezuela, Jamaica
- Group C: United States, Uruguay, Panama, Bolivia
- Group D: Brazil, Colombia, Paraguay, Costa Rica
The draw was held on 7 December 2023, and the groups were decided by randomly selecting one team from each of the four pots.
Copa America 2024 Favourites
When we look at sportsbooks’ Copa America 2024 betting odds, it is quite clear that, at this point, they consider Argentina to be the favourite to win the tournament, but Brazil is not trailing far behind, as we have already mentioned.
Next off is Uruguay, alone in third place with the odds of around 6.00 to win the tournament, and Mexico, Colombia and USA sit behind at odds between 12.00 and 13.00.
The odds for top goalscorers are still not available, but we can expect some attractive offers for Argentina’s Lionel Messi, Lautaro Martinez, and maybe Julian Alvarez, Brazil’s Vinicius Junior, Colombia’s Luis Diaz, and Uruguay’s Darwin Nuñez, among others.
Where to Bet on Copa America 2024
If you are looking for Copa America betting sites, the first thing you should do is make sure that the sportsbooks you are looking into are licensed and secure. All betting sites listed on this page are licensed and reviewed by our sports betting experts, so make sure you read our sportsbook reviews before deciding where to bet on Copa America 2024.
As the tournament approaches, the sportsbooks will offer some Copa America-specific welcome offers, so you can look for promos that suit your betting preferences. We also recommend comparing the odds on the markets you enjoy before picking the betting sites to bet on because these can make a big difference in the long term.
