CONCACAF Gold Cup Betting Guide for 2024

As a tournament the Canadian national soccer team appears regularly at, CONCACAF Gold Cup betting in Canada is important. This is our guide to it.

Like all major international soccer tournaments, there are CONCACAF Gold Cup odds available. On this page you’ll discover...

Helpful CONCACAF Gold Cup betting advice
Key facts and history of the Gold Cup
What the best CONCACAF Gold Cup betting sites are

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An Introduction to the CONCACAF Gold Cup

First up, here are some key facts about the CONCACAF Gold Cup you should know before betting:

A total of 16 nations from the CONCACAF confederation play at the CONCACAF Gold Cup finals
Six of those automatically qualify based on their performance in qualifying for and at the last FIFA World Cup finals
The other 10 countries qualify through the CONCACAF Nations League competition
The top four teams in the CONCACAF confederation based on their FIFA World Rankings are seeded in the draw for the finals groups
When qualifying ends, four groups of four are drawn
Each country plays the others once in their CONCACAF Gold Cup finals group
The top two counties from each finals group advance to the knockout phase
It then becomes a single elimination tournament with quarter-finals, semi-finals and a final
The winners of the final are crowned Gold Cup champions
Host nation(s) for the tournament finals are chosen from CONCACAF confederation member states

How CONCACAF Gold Cup Odds Work

To illustrate how CONCACAF Gold Cup betting works, we’re going to work through an example of a typical game from the finals. This is how the match result market could look like:

Mexico

2.10

Draw

2.50

USA

3.00

Mexico are favourites to win the match as they are the shortest price. If you were to wager C$10 on them, you would make C$11 of profit. That’s a return of C$21 with your stake included.

A draw or tie happens all the time in soccer matches, so betting is offered on that. For every C$4 staked on that outcome, you would get a return of C$10 – C$6 in profit.

The USA are the betting outsiders in this scenario. A C$1 bet generates C$2 of profit at total returns of C$3.

Many North American sportsbooks also use the money line way of expressing betting odds. You could even encounter British fractional prices. For more info on these and how they stack up, see our odds calculator:

CONCACAF Gold Cup Betting Options

What types of wager can you place using CONCACF Gold Cup odds? We explain some of the most popular:

Match Result

Betting on any soccer match on its most basic level comes down to who will win the game? Remember, a tie is possible.

Eg: A draw between
Mexico and USA

2.50
Handicap and spread betting

The CONCACAF confederation contains some very small island nations and massive countries like the USA and Mexico. Talent pools are very different in size, and so you get red-hot betting favourites against big outsiders.

In such a situation, the price on the favourites is usually very short. Handicap or spread markets help you as a gambler to find value.

Sportsbook traders using recent stats and form will set margins and brackets, handicapping the favourites with imaginary deficits. The underdogs can also have a theoretical lead to hang onto.

Any winning bets that fall within the bracket or margin are said to have covered the spread/handicap.

Eg:

Nicaragua with
+3.5 goals

2.00

USA with
-2.5 goals

1.80
Correct score

You can also bet on something as simple as what the final exact result will be between two teams.

Eg:

Mexico

2-1
4.00

USA
Half-time/full-time

Sometimes results can completely turnaround in the second half of a soccer game. The half-time/full-time betting allows you to pick either team to be winning or a draw at the halfway stage, but then for things to change before the final whistle.

Eg:

Draw/Mexico
3.25
Match result and both teams to score

It’s also possible to combine the match result with whether or not both teams involved will score a goal. There are six potential outcomes here.

Eg:

USA to win and
both teams to score
3.75
Outright Winner

Major international soccer tournaments like the CONCACAF Gold Cup also have futures markets. The most popular of these is who will win it and lift the trophy?

Eg:

Mexico
4.33
To qualify

Betting on a team to qualify could mean either to reach the tournament finals or advance from the group stage. It may also be a wager on whether or not a country qualifies for the next round of the knockout phase.

The latter is a bet that will remain active beyond the regulation 90 minutes as extra time and penalties may be needed to decide a game.

Eg:

Mexico to qualify from
their CONCACAF Gold
Cup semi-final
1.20
Stage of elimination

At what stage of the tournament finals will a country be eliminated? A bet here could be in the group stage, quarter-finals, semi-finals, the final itself or winning the Gold Cup.

Eg:

USA to be eliminated
in the final
4.50

What is CONCACAF Gold Cup Live Betting?

Live betting should feature on all the best CONCACAF Gold Cup betting sites
These are special markets that exist while a soccer match in qualifying for or at the tournament is in-play
Normal fixed odds betting stops when a game starts
Live betting allows you to place wagers on the action as it happens
One of the most popular live betting markets is 'next team to score'

CONCACAF Gold Cup History

The CONCACAF Confederation is formed

1961

A tournament forerunner to the Gold Cup, the CONCACAF Championship is first held in El Salvador

1963

The CONCACAF Championship ends and is replaced by the Gold Cup the following year

1990

USA win the inaugural CONCACAF Gold Cup on home soil, beating Honduras on penalties in the final

1991

Mexico's Luis Roberto Alves, also known as Zague, scores a record 11 goals in a single edition of the Gold Cup finals

1993

Mexico beat a Brazil team made up of Under-23 players and become the first country to retain the Gold Cup

1996

Brazil, who are again invited to the Gold Cup, finish third with a team featuring Romario. Mexico win the tournament for a record third consecutive time

1998

Canada win their only Gold Cup to date, defeating invitees Colombia in the final

2000

Canada finish third as they try to defend the Gold Cup, losing to the USA on penalties in the semi-finals. They then beat invitees South Korea in the bronze medal match

2002

Sudden death extra-time is needed to separate Mexico and Gold Cup invitees Brazil in the final

2003

No more invitees are welcomed to the Gold Cup finals, leaving the tournament solely for CONCACAF member states

2007

Mexico beat the USA 5-0 final the Gold Cup final, the biggest margin of victory ever in a final

2009

USA's Landon Donovan sets the record for most goals overall at the Gold Cup finals with 18

2013

Mexico win a record seventh Gold Cup title, but manager Miguel Herrera leaves his post two days after the final

2015

The CONCACAF Gold Cup finals are expanded to include 16 teams

2018

Conclusion

We hope you’ve enjoyed this comprehensive guide to CONCACAF Gold Cup betting. With all the bases covered, you should become a soccer betting pro in no time!

For even more CONCACAF Gold Cup betting advice, see the FAQs section below.

FAQs

What is the CONCACAF Gold Cup?

The Gold Cup is a biennial tournament between 16 qualified teams from the CONCACAF confederation. It’s North and Central America and the Caribbean’s equivalent of the Copa America or Euro Championship.