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Argentina's forward Lionel Messi (C) celebrates with teammates as we look at the Copa America odds for 2024
Argentina's forward Lionel Messi (C) celebrates with teammates their victory. Photo by Mauro Pimentel via AFP

Our best sports betting apps see Argentina as the favorite to win the 2024 Copa America tournament, although plenty of nations are within striking distance of the reigning World Cup champions.

Most of our best sports betting sites opened Argentina as the favorite to win the 2024 Copa American, although BetMGM has the nation as a co-favorite with Brazil at +175

Read on as we look at the best Copa America 2024 odds from our best sports betting apps.

Copa America odds 2024

(Odds as of Feb. 22)

DraftKingsFanDuelBetMGMCaesarsbet365
Argentina+200 🔥 +160 ❄️ +175+180+175
Brazil+225+220+175 ❄️ +230 🔥 +225
Uruguay+500+500+600 🔥+450 ❄️ +500
Colombia+900  ❄️+1300 🔥+1000+1200+1200 
USA+1200+1100 ❄️+1400 🔥+1200+1200
Mexico+1400+1100+1400+1400+1100  
Ecuador+1600+1800+1600 +2000 🔥+1600
Chile+2500+3500 🔥+1600 ❄️+2200+2800 
Peru+5000+8000 🔥+5000+5000+5000
Canada+8000+10000 🔥N/A+8000+6600 ❄️

Copa America favorite 2024

Argentina (+200 via DraftKings)

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 MLS club in Miami.

Grabbing a ticket on Argentina while they still have plus-money odds is not a bad bet to consider. If Messi's status worries you, feel free to hedge bet on Argentina's opponent in single-match betting during the group stage for great underdog value.

Copa America odds 2024: Contender

Brazil (+230 via Caesars)

If you're not eyeing Argentina, then the only other contender to consider would be Brazil at +230. 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.

It appears Neymar could miss the event, so consider that if you have a desire to back this team. If you think the Brazilians can win without Neymar, you may be better off waiting until his absence is confirmed and the team's odds lengthen a bit.

Copa America odds 2024: Long shot

Ecuador (+2000 via Caesars)

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 side. Ecuador have won six matches since the World Cup ended, and they're unbeaten in eight of nine.

Ecuador have recently beaten Copa America contenders such as Chile and Uruguay, and they lost a very close match to favorites Argentina.

Copa America odds 2024: Fade

United States (+1400 via BetMGM)

Not to be a "Debbie Downer" here, but try to avoid the Americans.

Team USA are just too unpredictable. Though they're talented enough to make a run in this event, they've lost some winnable matches of late.

The most recent, and notable, was 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.

Many will want to take a ticket on America and root for their home team, but it's advised to save your money for a more consistent club.

Copa America 2024 betting analysis

Our best sportsbooks have priced Argentina as the favorites. They won the last event in 2021 and have finished in the top three in seven straight Copa America events.

Brazil, however, have reached the final in the last two events and enter with slightly better value at +230 with Caesars.

Check out our best live betting sites and best sports betting apps.

Copa America 2024 FAQs

Who is the 2024 Copa America favorite?

Argentina (+160) 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.

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