Skip to content
GO TO bet365 Sports
  1. Soccer
  2. Copa America

2024 Copa America Outright Odds: Argentina favorites to land 16th title

Argentina and Uruguay have won the Copa America a record 15 times each, and the former are favorites to retain their crown.

Argentina beat bitter rivals Brazil 1-0 in the 2021 final, and the current world champions are highly rated to defend their title this summer in the United States.

The 16-team tournament is made up of 10 South American and six CONCACAF nations, including the United States, and will take place across 14 venues in the U.S. beginning on June 20.

Let's take a look at the favorites to win the 48th edition of the Copa America.

2024 Copa America winner odds

Argentina

+175

Brazil

+225

Uruguay

+500

Mexico

+1100

Colombia

+1200

USA

+1200

Ecuador

+1600

Chile

+2800

Peru

+5000

Venezuela

+6600

Paraguay

+6600

Canada

+6600

Costa Rica

+8000

Jamaica

+15000

Panama

+15000

Bolivia

+15000

Argentina +175

Expectations are high for more Argentina success and they are -4000 to progress from Group A, which also features Chile, Peru and Canada.

The world champions are -400 to win the section and they kick off their campaign against the Canadians. It is -275 they open the tournament with a victory.

The winners of Group A will face the runners-up of Group B, so a likely meeting with Ecuador or Venezuela could come next for Lionel Messi and co.

Messi will be among the favorites to top score in the tournament but, at the age of 37, he may struggle to exert the influence he had when leading his side to World Cup glory in Qatar in 2022.

Brazil +225

The Selecao are second favorites to win the Copa America for a 10th time but their form ahead of the tournament leaves a lot to be desired.

An abundance of talent remains but the Samba Stars have won just one of their last six matches, a last-gasp 1-0 win over England last month, and Dorival Junior was named as the new head coach in January, tasked with leading Brazil to glory.

Brazil are -250 to win a tricky-looking Group D which also features Colombia, Paraguay and Costa Rica, but they have the perfect chance to lay down a marker as their opening fixture is against the Costa Ricans, who look to be the weakest nation in the group.

Uruguay +500

Uruguay last won the Copa America in 2011 and they are third favorites to lift the trophy for a record-extending 16th time.

A penalty-shootout defeat to Colombia at the quarterfinal stage in 2021 was a huge disappointment, but La Celeste will be confident of going to the latter stages once again, having been housed alongside host nation USA, Panama and Bolivia in Group C.

It's -134 that they win the section and they could have a decent chance of going all the way having beaten Argentina and Brazil in recent World Cup qualifiers.

Mexico +1100

Mexico are rated as the most dangerous of the Concacaf qualifiers but their 11 appearances at the Copa America have yielded best finishes of just two runners-up places in 1993 and 2001.

The Mexicans are +110 favorites to come out on top in a Group B section also featuring Ecuador, Venezuela and Jamaica, but their last appearance at the finals in 2016 ended with a humiliating 7-0 defeat at the hands of Chile and it is hard to have much faith in El Tri, who fell at the group stage at the 2022 World Cup.

Mexico qualified for this tournament based on their Concacaf Nations League performance but they will have to step up in class if they are to trouble the favorites in this competition.

Colombia +1200

Colombia's only Copa America victory came in 2021, while a runners-up finish in 1975 was their only other bright spot in a competition in which they have often fallen short.

However, they are +275 to win Group D behind Brazil and they may represent a touch of value in that section with the Samba Stars struggling for form.

The Colombians are on a fantastic run of their own which has seen them win their last six matches as part of a 19-game unbeaten run.

That suggests they could be dark-horses for success at these finals with question marks surrounding most teams above them in the outright market.

USA +1200

As tournament hosts, USA will be fancied to enjoy a prolonged stay in the finals, but they have had little to shout about in the five previous tournaments at which they have appeared.

The US were soundly beaten 4-0 by Argentina in the semifinals when they were last hosts in 2016, but they are just -700 to qualify from Group C. However, the pressure will be on from the start for Gregg Berhalter's men.

They are -400 to win their opening encounter with Bolivia and they will take confidence from having qualified from their World Cup group alongside England at the 2022 tournament, where they also drew 0-0 with the Three Lions in their group fixture.

Netherlands proved far too strong in the last 16 and USA will need to be on top form to make their mark in this tournament.

This article was written by a partner sports writer via Spotlight Sports Group. All odds displayed on this page were correct at the time of writing and are subject to withdrawal or change at any time.

Related Articles

bet365 uses cookies

We use cookies to deliver a better and more personalized service. For more information, see our Cookie Policy

New to bet365? Bet $1 & Get $365 in Bonus Bets Join Now

Deposit required. Bonus Bet winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply.