Ultimate showdown: A betting guide on Copa America

The Copa America is one of the biggest and oldest tournaments in the global football scene. Happening every four years, the tournament features matches of South America’s football bests. 

Popular national squads of Argentina, Brazil, and Uruguay play in the Copa America which makes the tournament a highly-watched and awaited event in football. Check out the top contenders of the tournament and make your predictions with this guide:  

Copa America: Tournament format

The 2024 Copa America is set to feature 16 teams divided into four groups with four teams each. Here’s a breakdown of its two distinct stages: 

Group stage → There are 16 competing teams, with 10 from CONMEBOL (South America) and 6 qualifiers from CONCACAF (North, Central America and the Caribbean). 

  • They are divided into four groups, each containing four teams. 

  • Each team plays against all other teams in their group once in a round-robin format.

  • The top two teams from each group advance to the knockout stage.

Knockout stage → This stage consists of a single-elimination bracket with eight teams.

  • The winners from each group play against the runners-up from a different group in the quarterfinals.

  • Winners progress through the semifinals and a final match to determine the champion.

Everything you can expect in the 2024 Copa America

The tournament kicks off on June 20, 2024, at the Mercedes-Benz Stadium in Atlanta and will end on July 14, 2024, with the finals taking place at the Hard Rock Stadium in Miami. Here are the key dates you should keep in mind:

  • Group stage → June 20 to July 2

  • Quarterfinals → July 4 to 6 

  • Semifinals → July 9 to 10

  • Third-place match → July 13

  • Final → July 14

The qualified teams and their respective groups are as follows:

  • Group A

    • Argentina

    • Peru

    • Chile

    • Canada

  • Group B

    • Mexico

    • Ecuador

    • Venezuela

    • Jamaica

  • Group C

    • USA

    • Uruguay

    • Panama

    • Bolivia

  • Group D

    • Brazil

    • Colombia

    • Paraguay

    • Costa Rica

2024 Copa America: Favourites to win

Argentina comes into the 2024 Copa America as the defending champions after winning the 2021 edition. Runner-up Brazil is expected to seek redemption and their tenth victory this year.

With the 2024 Copa America coming up soon, fans are excited to witness intense battles from South America’s strongest teams and players. Amidst the heightened competition, here are the teams expected to perform well this year:


Argentina heads into the 2024 Copa America as a strong favourite, boasting a potent combo of experience, momentum, and the skills of the one and only Lionel Messi. Fresh off their 2022 World Cup triumph, Argentina is brimming with confidence. 

They are also the defending champions of the 2021 Copa America final, showcasing impressive form and consistent play. Despite being one of the oldest players on the team, Messi remains a force to be reckoned with. His leadership and playmaking skills are invaluable, and his hunger for wins could propel Argentina to another title.

Argentina isn't a one-man show. Around Messi, a talented young core is blossoming. Lautaro Martinez and Leandro Paredes provide firepower to the squad.


Despite recent struggles, Brazil enters the 2024 Copa America as a force to be reckoned with. The team has an impressive depth of talent. From the attacking flair of Neymar and Vinicius Jr. to the defensive prowess of Marquinhos and Alisson Becker, they possess world-class players in every position.

Brazil hasn’t been winning in previous tournaments which is why fans believe that the team has an intense hunger to prove themselves in the 2024 Copa America. The team’s head coach, Dorival Junior, is expected to bring fresh ideas and a renewed tactical approach to the team. 


While Argentina and Brazil dominate the headlines, Uruguay shouldn't be overlooked in the race for the 2024 Copa America. Under the guidance of Marcelo Bielsa, Uruguay presents a unique blend of experience, tactical prowess, and a resurgent spirit. 

The team also boasts a strong core of experienced veterans like Edinson Cavani and Luis Suarez. Their leadership and goal scoring prowess blend seamlessly with the young talents of Federico Valverde and Ronald Araujo, creating a well-balanced squad.

In the Copa America scene, Uruguay and Argentina are both the winningest squads in the history of the tournament at 15 titles. This makes them a formidable team to contend for the 2024 trophy.

Sportsbet.io: Copa America betting odds formats

The 2024 Copa America odds represent how likely an event will occur during the tournament. They are presented in different formats and learning how to read them helps you make predictions and adjust your bet accordingly.

To maximise your betting odds, here’s how to read the three Copa America odds formats at Sportsbet.io:

  • Decimal → These odds represent your payout for every unit wagered. For example, if the underdog has odds of 3.00, a successful bet of 150 USDT will give you a payout of 450 USDT (odds x bet = payout). This leaves your profit at 300.

  • American → American odds are shown with positive (+) and negative (-) numbers. The former represents your payout for every unit wagered (stake x American odds / 100). On the other hand, the latter represents how much you need to wager to win 100 USDT (stake / American odds x 100).

  • Hong Kong → Simply add 1 to the decimal odds to get HK odds. For instance, a bet of 30 USDT on HK odds of 0.40 (+1) will give you a payout of 42 USDT (30 x 1.40 = 42). 

Copa America betting markets

One of the benefits of betting on the 2024 Copa America online is the variety of markets. Some of these are: 

  • Match winner → Predict which team will win a certain match. You can bet on teams A, B, or a draw. 

  • Asian Handicap → A handicap bet gives one team a virtual head start, making the match outcome more even. For example, Argentina's -1.5 goals means they need to win by 2 or more goals for your bet to win. 

  • Over/under goals → You wager on whether the total goals scored in a match will be over or under a number set by the sportsbook.

  • Asian Total → Place a bet on the total number of goals or points scored in a match. You can bet on full, half, and quarter lines. 

Tips when betting on the 2024 Copa America games

Improve your chances of winning when betting on the 2024 Copa America with these simple tips:

  • Monitor betting lines and odds → Keep track of how the betting lines and odds shift leading up to and during the tournament. Sudden changes in odds indicate new info or a shift in public perception. Be prepared to adjust your bets accordingly.

  • Study teams and players → Research the top teams and key players competing in the tournament. Look at their recent form, head-to-head records, and possible injuries. The squad lineup on their games is also a necessary factor since the team’s star players may or may not be playing.

  • Consider the venue → The location of matches greatly impacts the outcome. Teams may perform better or worse depending on the climate, and pitch conditions. Factor in these variables when analysing the potential results.

  • Diversify your bets → Instead of focusing on just one or two betting markets, consider exploring a variety of options, such as over/under goals or Asian total. This will help mitigate risk and increase your chances of winning. 

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