Copa America Odds 2028: Argentina Favored to Win Third Straight

Argentina will be looking to bounce back from falling just short of World Cup glory by capturing a third straight Copa, and the latest Copa America odds for the 2028 tournament have them lined as the favorite to do just that.

Success at the South American tournament wouldn't be unusual for the powerhouse club. Argentina topped Colombia 1-0 at the 2024 edition, capturing a record 16th title. There is no host yet for the games, although Ecuador, the United States, and Uruguay are in contention to host the tournament. While none of the best sports betting sites are offering odds yet on the tournament, you can already find trading on the best prediction market apps.

🏆 Copa America odds to win 2028

Here's a look at the latest Kalshi market for the Copa America 2028. At the time of writing, Argentina, Brazil, and Colombia are all trading within 5% of each other.

⚽ 2028 Copa America favorites 

Keep an eye on the Men's FIFA Rankings as we progress, as there is still plenty of time for roster changes and things to move in the next two years before the Copa. For now, some familiar names at the top. 

Argentina

Winners of the last two Copas and the 2022 World Cup, Argentina came up just short at the 2026 World Cup, losing 1-0 in extra time to Spain. Will this be the end of the Scaloni-Messi era for the nation? That remains the burning question. Lionel Scaloni's contract as manager expires at the end of the year, and Lionel Messi turns 41 in 2028 (although he hasn't indicated he plans to retire from international football yet). 

So what sort of roster churn might Argentina have? Surely there is some coming down the pipes. It's a situation to keep an eye on, as this team might look very different than the squads that have been so dominant on the international stage over the last half-decade. 

Brazil

Brazil might feel like they're in crisis, falling out of the World Cup in the Round of 16 - their earliest exit since 1990. They also fell out of the 2024 Copa in the quarterfinals. Neymar announced his retirement following the World Cup, but there is still optimism for a squad that's continuing a rebuild. 

Carlo Ancelotti is with the squad through the 2030 World Cup, and he has plenty of youth to be excited about, including Endrick and Rayan, while players like Vini Jr. and Gabriel will provide veteran leadership. The range of outcomes for this squad in 2028 is vast, but winning it all is certainly on the table. 

Colombia

Colombia has quietly become a strong side in recent years, making the final in the 2024 Copa (their first final in 23 years in the event) and making it to the Round of 16 at the World Cup. Only then, after conceding just one goal in five games, did they fall on penalties. 

There are certainly concerns with the attacking core beginning to age, and James Rodriguez in particular had a very underwhelming World Cup showing. This squad needs a boost of young, skilled offensive players to complement the strong defensive core.

📜 Past Copa America winners

❓ Copa America 2028 FAQs

Who is the 2028 Copa America favorite?

Prediction markets have Argentina trading as a slight favorite (46%) over Brazil (42%) and Colombia (41%). These numbers are fluid. 

Who won the last Copa America?

Argentina won the 2024 Copa America, notching a record 16th title. They beat Colombia 1-0.

Where is the 2028 Copa America?

The host country for the 2028 Copa America has not yet been set, but it appears likely to be Ecuador or the United States.

When is the 2028 Copa America?

The dates of the 2028 Copa America have not been decided, but it will run from June to July. It will likely be similar to the 2028 Euro tournament, which runs June 9 - July 9.