The roar of feverish soccer fans can be heard throughout the United States as the 48th edition of the Copa América is underway. This year's iteration features 10 teams from South America and six qualifiers from Concacaf. Let's dive into the updated odds as the group stage nears its finale.

Copa América 2024 Outright Odds

The Copa América 2024 odds favor Argentina to win their second straight tournament. Lionel Messi and company will be tested by a strong Brazilian squad, who sit second on the odds board.

Odds as of July 2

Copa América 2024 Outright Odds Favorite: Argentina (+125)

Argentina are the favorites to retain their Copa América title. Rightfully so. La Albiceleste have lost just once since lifting the World Cup trophy in December 2022. With Lionel Messi still in the fold, and a host of young talent joining the ranks, Argentina looks poised to mount a strong championship defense.

2024 Copa América Outright Odds Value Bet: Brazil (+220)

While +225 doesn't provide the most value we've ever seen, getting a team as talented as the Selecao at these odds feels like cheating.

They've won the tournament nine times, and were it not for Lionel Messi and Argentina, would be undefeated across the last two Copa América tournaments. Brazil's attacking talent, led by Vinicius Junior, Raphinha, Rodrygo, Martinelli, and the young Endrick will be a sight to behold. But, they have a very capable backline with Marquinhos, Militao, and Gabriel Magalhaes in the fold as well. With Alisson behind them, the Brazilians' defense will be a tough nut to crack.

I like the value in betting on the Selecao to win the Copa +220 odds.

2024 Copa América Outright Odds Dark Horse Bet: Venezuela (+2504)

Venezuela have impressed at the Copa, winning all three of their group games to upset both Ecuador and Mexico and win Group B. They've scored five and conceded just one goal so far and will be favorites to beat Canada and advance.

A probably matchup with Argentina looms, but La Vinotinto won't be afraid in the slightest. They've lost just two of their past 10 games.

Copa América 2024 Golden Boot Odds

Odds as of July 2

As one would expect, the top of the Copa América top scorer odds are speckled with players from Argentina and Brazil. The ageless wonder, Lionel Messi returns as a +300 favorite to win the Copa América 2024 Golden Boot. However, he'll be challenged for the honor, as the likes of Vinicius, Darwin Nunez and teammate Lautaro Martinez are in their primes, and more than capable of taking over the tournament.

Brazil remain La Albiceste's greatest challenger, and with an extra game still to play in the group stage, I like the value on Vinicius Junior at +275. As he goes, so too do the Selecao and we saw the devastating affect of the Champions League winners skill against Paraguay. If he can continue to that type of play, all challengers are in trouble.

Best bet: Vinicius Junior (+275)

Copa América 2024 Group Winner Odds

Dive into our Group Winner Odds page for a more detailed analysis of how each Copa América group will play out.