Knowing how to bet on Copa America is a great way of unlocking a number of exciting markets for this spectacular soccer tournament.

So, stay tuned as we help you understand the process of placing bets online for this spectacular tournament. From finding the right sportsbook to placing well-researched bets, we’ve covered every blade of grass so you know exactly how to bet on Copa America 2024.

How To Bet On The 2024 Copa America: Step-By-Step

If you want to know more about Copa America betting sites, there are a couple of steps you should understand first. This starts with picking out a top quality online sportsbook to place your wagers with.

  • Choose a Sportsbook: Select a reputable offshore sportsbook that offers Copa America betting.
  • Create an Account: Sign up by providing your details and creating a username and password.
  • Deposit Funds: You can deposit money into your account using a preferred payment method (credit card, eWallet etc).
  • Navigate to Copa America: Find the competition under soccer or international events.
  • Select Your Bet: Choose from various betting options like the Copa America match winner or top goalscorer.
  • Place Your Bet: Enter the amount you want to wager and confirm your bet.
  • Monitor Your Bets: Track your wagers through the sportsbook’s interface and enjoy the tournament action.

BetWhale Copa America offer

2024 Copa America Tournament Format & Teams

The 2024 Copa America showcases top-tier South American soccer talent in a thrilling competition format. Featuring 12 national teams, this edition promises intense competition across group stages and knockout rounds.

Groups

  • 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

Knockouts

  • Group Stage: June 20 – July 2, 2024
  • Quarterfinals: July 4 – July 6, 2024
  • Semi-finals: July 9 – July 10, 2024
  • Final: July 14, 2024

Copa America: Most Popular Markets

Betting on the Copa America offers a diverse array of markets that cater to soccer enthusiasts seeking different levels of engagement and risk. From straightforward Moneyline wagers to intricate futures and player props, each market provides unique opportunities to predict and profit from the tournament’s outcomes.

Moneyline 1X2

The moneyline 1X2 is a simple bet in which you pick the match’s result. For example, in Group A, Argentina might be favored to win against Peru. Alternatively, Draw No Bet eliminates the draw option, refunding your stake if the match ends in a tie. This provides a clearer choice for bettors seeking more security in their wagers.

Half Time/Full Time

Half-time/Full Time bets require predicting both the halftime and full-time results of a match. This market offers higher odds due to its increased complexity. For instance, you might bet on Ecuador leading at half-time but ultimately losing to Mexico in Group B. This bet appeals to strategic bettors who anticipate shifts in momentum and game strategies throughout the match, potentially yielding attractive returns based on these nuanced predictions.

Over/Under – Goal Totals

Over/Under bets focus on the total number of goals scored in a match, allowing you to wager on whether the actual total will be above or below a predetermined number. For example, you bet on Uruguay vs USA to have over 2.5 goals in Group C. The prices will vary based on each team’s offensive capabilities and defensive strategies. It’s a popular market for bettors who analyze teams’ scoring prowess and defensive vulnerabilities to make informed predictions.

Game and Player Props Bets

Game and player props wagers involve predicting specific outcomes or performances within a match. For instance, betting on Lionel Messi to score the first goal for Argentina against Chile adds an individual element to your wagering experience. These bets focus on player skill, team strategy, and specific match scenarios, offering diversified opportunities beyond traditional match outcomes.

Futures

Futures bets revolve around long-term predictions, such as tournament winners, top goal scorers, or finalists. For example, you could place a futures bet on Brazil to win the competition or Messi to claim the Golden Boot. These wagers are ideal for bettors who enjoy following the entire competition and strongly believe in their predictions for overall outcomes.

Bookings & Specials

Bookings & Specials markets encompass unique aspects of matches such as yellow and red cards, player-specific performances, or other specific events. Betting on a player to be carded or a team to receive the most cards in a match adds an additional layer of strategy to your betting choices.

Parlays

Parlays combine multiple bets into a single wager, multiplying potential winnings but requiring all included predictions to be correct for a payout. For instance, a same-game parlay on Brazil to win, Rodrygo to score, and over 2.5 total goals in their match. Such wagers appeal to those seeking higher returns and who are confident in predicting multiple outcomes within a single match.

90-Minute Line, Extra-Time or Penalties

In knockout stages, betting on outcomes like 90-minute results, extra time, or the possibility of penalties can heighten the tournament’s drama and unpredictability. These bets focus on the specific phases of play and can offer diverse betting options as matches progress through different stages.

Asian Handicaps

Asian Handicaps adjust perceived imbalances between nations by giving one team a virtual advantage or disadvantage that must be overcome for a bet to succeed. For example, betting on Chile with a +1.5 handicap against Argentina in Group A provides adjusted prices based on their comparative strengths and weaknesses. This type of bet is popular for bettors who want to mitigate risk or capitalize on perceived differences in team abilities.

Both Teams To Score

Both Teams To Score bets predict whether both countries will score at least one goal during a match, offering a straightforward yet suspenseful wager. For example, betting on Brazil and Columbia both scoring in their Group D encounter adds excitement and intrigue to the match, regardless of the final outcome. Soccer wagers such at this are straightforward and keep the match engaging until the last minute, regardless of who ultimately wins.

2024 Copa America Odds Explained

Betting on this tournament involves understanding how soccer odds work. Prices reflect the likelihood of different outcomes in matches and tournaments. Here’s a basic guide to reading Copa America odds:

Understanding American Odds: American odds indicate how much profit you’ll make on a $100 bet. For example, if Brazil has a price of -200, you need to bet $200 to win $100. If Peru are +300, a $100 bet wins you $300 if Peru wins.

Favorite vs. Underdog: In matches, the favorite has negative odds, indicating a higher probability of winning but requiring a larger bet for a smaller payout. For instance, Argentina might be -150 to beat Peru (+250). The higher the negative odds on the favorite, the stronger their expected chance of winning.

Implied Probability: American prices also imply probability. A favorite at -150 suggests a 60% chance of winning (100 divided by 150), while an underdog at +250 suggests a 28.6% chance (100 divided by 350).

Shop Around for Best Odds: Different crypto betting sites may offer slightly different prices for the same match. Shopping around for the best value can maximize your potential returns. It’s worth comparing odds from multiple sources before placing your bets.

Copa America Previous Winners

South America’s premier soccer competition has a rich history dating back to its inception. As things stand, Argentina and Uruguay have won the competition the most, with 15 titles each. Here’s a look at the tournament’s past winners, runners-up, third-place, and fourth-place countries in recent decades:

Past 10 Finals:

  • 2021: Argentina (Winner), Brazil (Runner-up), Colombia (Third), Peru (Fourth)
  • 2019: Brazil, Peru, Argentina, Chile
  • 2016: Chile, Argentina, Colombia, USA
  • 2015: Chile, Argentina, Peru, Paraguay
  • 2011: Uruguay, Paraguay, Peru, Venezuela
  • 2007: Brazil, Argentina, Mexico, Uruguay
  • 2004: Brazil, Argentina, Uruguay, Colombia
  • 2001: Colombia, Mexico, Honduras, Uruguay
  • 1999: Brazil, Uruguay, Mexico, Chile
  • 1997: Brazil, Bolivia, Peru, Mexico

Copa America: Stats & Insights

When it comes to this soccer tournament betting it’s always a good idea to have a look at previous stats. You don’t want to go too far back as many of the players may not be at the current tournament, so it’s a good idea to have a look at the stats and results from the most recent edition of the competition. Let’s take a look at some of the most prominent stats from Copa America 2021.

Top goalscorer: Diaz, Messi – 4
Most assists: Messi – 5
Golden Gloves: Alisson
Most yellow cards: Barrios – 3

2024 Copa America Betting Tips

Copa America 2024 betting online can be both exciting and rewarding with the right approach. If you are very new to online soccer betting as a whole then a few tips are going to serve you well:

✅ Do Your Research and Bet with Your Head: Dig into team form, player performances, and tactical strategies before placing your bets. This informed approach increases your chances of making profitable decisions. Also check out our expert Betting Guides.

✅ Analyze Head-to-Head Record: History matters in soccer. Check how teams have fared against each other in past encounters. Some rivalries can significantly influence current matchups.

✅ Stay Updated with the Latest News & injuries: Injuries and last-minute changes can sway outcomes. Monitor player fitness updates and Copa 2024 team news to adjust your betting strategy accordingly.

✅ Don’t Stay Loyal to One Sportsbook – Shop Around: The odds offered by soccer betting sites for the same markets can vary at times. So, shopping around ensures you get the best value for your bets and can maximize your potential returns.

✅ Follow Odds Movements: Track how prices evolve leading up to matches. Significant shifts can indicate where the betting momentum is heading and might influence your choices.

✅ Consider Referee Tendencies: Referees can impact games with decisions like bookings and red cards. Understanding their tendencies can provide an edge in predicting match dynamics.

✅ Focus on Emerging Trends: Early tournament stages often reveal patterns, such as high-scoring games or countries with strong defensive strategies. Identifying these trends early can guide your betting decisions.

✅ Analyze External Factors: Weather conditions, venue factors, and team schedules can affect performance. Factor these elements into your analysis for a more comprehensive betting strategy.

✅ Manage Your Bankroll Wisely: Set a budget and stick to it. Avoid chasing losses or betting more than you can afford, maintaining a disciplined approach throughout the tournament.

✅ Stay Disciplined: Emotional betting rarely pays off. Be selective in your bets, focusing on quality over quantity based on solid research and strategic insights.

Responsible Gambling

Responsible gambling is essential when participating in soccer tournaments. It ensures that gambling remains enjoyable and doesn’t become a problem. Here are key practices to keep any potential gambling problem in check:

  1. Set Limits: Decide on a budget before betting and stick to it. Only gamble with money you can afford to lose.
  2. Take Breaks: Step away from gambling if it becomes overwhelming or stressful. Give yourself time to refocus.
  3. Understand the Risks: Be aware of the prices and potential outcomes of your bets.
  4. Avoid Chasing Losses: Don’t try to recover losses by placing more bets. Accept losses as part of the gambling experience.
  5. Seek Support: If gambling starts to affect your life negatively, reach out to friends, family, or professional counsellors for help and support.

For more information on responsible gambling and support services, visit the American Gaming Association.

Copa America Betting Guide FAQs

What is the Copa America?

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Which country will host Copa America 2024?

Who is the favorite to win Copa America 2024?

What are the USA’s odds to win Copa America in 2024?

Have the USA ever won Copa America?

Where can I watch Copa America 2024?

Is Lionel Messi playing at Copa America?

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Sam Wilffred
Sports Editor

Sam is a casino fanatic with nearly a decade of experience working in the iGaming industry. Sam started as a sports betting analyst who now covers the ins and outs of online casinos, sportsbooks and more for esteemed publications like Gambling Guy.

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Author photo
Sam Wilffred Sports Editor

Sam is a casino fanatic with nearly a decade of experience working in the iGaming industry. Sam started as a sports betting analyst who now covers the ins and outs of online casinos, sportsbooks and more for esteemed publications like Gambling Guy.

All posts by Sam Wilffred