The Uruguayan squad will be stacked with talented players at Copa America this summer, explaining why its odds to win are +700. José Giménez and Ronald Araújo are two of the world’s best defenders, providing the team with solid foundations. Federico Valverde and Manuel Ugarte are elite midfielders, and Darwin Núñez is fast becoming one of the Premier League’s most feared strikers, so La Celeste appear to be strong in every department.

The sportsbooks have acknowledged the depth of quality on Uruguay by making it one of the favorites when it comes to odds to win Copa America. We’ll take a look at Uruguay’s key strengths and weaknesses below, along with the main betting options available on the team this summer.

Uruguay’s odds to win the 2024 Copa America

Sportsbooks are offering lines at on Uruguay to win Copa America. Only two teams are ahead of Uruguay in futures betting: Argentina, the reigning world champion; and Brazil, which has long been the power in South America.

La Celeste are ahead of Colombia, Mexico, and US Soccer team in this market. Uruguay’s key players are regular starters for the best teams in Europe, including Real Madrid, Barcelona, Atlético Madrid, PSG, and Liverpool, so it is easy to see why most sportsbooks rate the team so highly.

Uruguay vs. Panama odds & betting preview

Other ways to bet on Uruguay

Leading sportsbooks such as bet365, DraftKings, and BetRivers will offer hundreds of Copa America betting options. Here are some popular examples:

Moneyline

A bet on the result of a game. There are three possible outcomes: Uruguay to win, a draw (tie), or Uruguay to lose. The sportsbooks assign odds to each option after weighing up the relative strengths of both teams. For example, sportsbooks have Uruguay at to beat Panama in its opening game and on Panama to win.

Handicap (spread)

Spreads are less common in soccer than in football and basketball, as it is a lower-scoring sport. However, they can be useful if there is a clear favorite. For example, here is one of the available handicaps for Uruguay’s opener:

Total goals

You can bet over/under on the number of goals scored in a game featuring Uruguay. Online sportsbooks will also allow you to bet on the exact goals that will be scored, or goal bands, such as one to three goals or two to four goals. Additional wagers include team totals, Asian totals, and totals in a particular half.

Both teams to score

Predict whether both teams will score at any point in the game. Bettors can combine this with other picks to form same-game parlays, such as Uruguay to win and both teams to score, or both teams to score and under 4.5 goals.

Additional betting options

Here are some of the other key soccer betting options to consider:

You can browse hundreds of pregame bets, and live betting will be available during each Uruguayan match, too. The odds will update throughout the game, so you can watch the action and react to developments on the pitch.

Explore more soccer odds

There are plenty of other ways to bet on soccer outside the 2024 Copa America tournament. LegalSportsReport has resources for all things soccer, including the Euros, the World Cup, and MLS. Feel free to check out our additional guides below.

Uruguay’s potential path to victory

Uruguay is the favorite to win Group C. If La Celeste achieve that feat, they will face the runner-up from Group D in the quarterfinals. That is likely to be Colombia. The last three games between Uruguay and Colombia resulted in draws, so it could be a tight clash.

If Uruguay wins in the quarterfinals, it could face Brazil or the USMNT in the semifinals. A potential final showdown with Argentina could then await Uruguay, The team has recent success against each opponent, beating both Brazil and Argentina (Group A) last fall.

Uruguay group stage fixtures

Uruguay is in Group C, along with the US, Panama, and Bolivia. It needs to win the group or finish second to secure a place in the quarterfinals. These are the games that La Celeste must navigate.

Numbers game: Uruguay data points to watch

Pivotal player

Darwin Núñez will spearhead Uruguay’s attack at this tournament. Legendary forwards Luis Suárez and Edinson Cavani are now both 37 years old, so it is time for a changing of the guard at La Celeste. Núñez is the heir apparent, and he has already scored eight goals in 22 games for his country.

The 24-year-old striker was touted as the next big thing when he joined Liverpool from Benfica in a €75 million ($81 million) deal in 2022. He has not quite lived up to his billing, often veering between feats of individual brilliance and squandering glorious chances in comical fashion, but he is growing more consistent with each passing month. If he is firing on all cylinders at Copa America, this Uruguayan team will be difficult to stop.

How has Uruguay performed at Copa America in the past?

Uruguay is the joint-most-successful team in Copa America history. La Celeste have won the title 15 times, which leaves them level with Argentina. They have also finished as the runners-up six times. Their overall record stands at 112 wins, 38 draws, and 56 defeats in 206 games, with 410 goals scored and 222 conceded.

La Celeste’s last Copa America title came in 2011, when strikers Luis Suárez and Diego Forlán put Argentina to the sword in the final. However, they have failed to hit those heights in the ensuing years. They lost in the quarterfinals in 2015, crashed out in the group stage in 2016, and then fell at the quarterfinal stage in 2019 and 2021.

Uruguay: Copa America FAQ

Will Luis Suárez play for Uruguay at Copa America?

Suárez has stated that he hopes to play for Uruguay at Copa America this summer. The veteran forward has not started for La Celeste since the 2022 World Cup, and his last substitute appearance came in 2023, but he hopes that a recent move to Inter Miami will help him secure a place in the squad.

Who will captain Uruguay at Copa America?

Atlético Madrid defender Jose Giménez is the Uruguayan team captain. He missed out on a place in the last squad due to injury, so vice-captain Federico Valverde led the team, but Giménez will be back as captain if he is healthy this summer.

Why is the Uruguayan team so successful?

Soccer holds a special place in Uruguay’s culture, as it is deeply ingrained in the small South American nation’s history and society. The country works hard to nurture promising young players, many of whom see soccer as a way out of poverty. This has allowed Uruguay to consistently punch above its weight on the international stage for many decades.

Where are Uruguay’s group stage games taking place at Copa America?

Uruguay will begin its campaign against Panama at Hard Rock Stadium in Miami. La Celeste will then face Bolivia at MetLife Stadium in East Rutherford, New Jersey. Their final game will take place at Arrowhead Stadium in Kansas City, where they will lock horns with the US.