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:
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A total of 16 nations from the CONCACAF confederation play at the CONCACAF Gold Cup finals
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Six of those automatically qualify based on their performance in qualifying for and at the last FIFA World Cup finals
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The other 10 countries qualify through the CONCACAF Nations League competition
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The top four teams in the CONCACAF confederation based on their FIFA World Rankings are seeded in the draw for the finals groups
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When qualifying ends, four groups of four are drawn
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Each country plays the others once in their CONCACAF Gold Cup finals group
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The top two counties from each finals group advance to the knockout phase
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It then becomes a single elimination tournament with quarter-finals, semi-finals and a final
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The winners of the final are crowned Gold Cup champions
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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 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:
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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 USA2.50 -
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 goals2.00USA with
-2.5 goals1.80 -
Correct score
You can also bet on something as simple as what the final exact result will be between two teams.
Eg:Mexico2-14.00USA -
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/Mexico3.25 -
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 score3.75 -
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:Mexico4.33 -
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-final1.20 -
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 final4.50
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
1961A tournament forerunner to the Gold Cup, the CONCACAF Championship is first held in El Salvador
1963The CONCACAF Championship ends and is replaced by the Gold Cup the following year
1990USA win the inaugural CONCACAF Gold Cup on home soil, beating Honduras on penalties in the final
1991Mexico's Luis Roberto Alves, also known as Zague, scores a record 11 goals in a single edition of the Gold Cup finals
1993Mexico beat a Brazil team made up of Under-23 players and become the first country to retain the Gold Cup
1996Brazil, 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
1998Canada win their only Gold Cup to date, defeating invitees Colombia in the final
2000Canada 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
2002Sudden death extra-time is needed to separate Mexico and Gold Cup invitees Brazil in the final
2003No more invitees are welcomed to the Gold Cup finals, leaving the tournament solely for CONCACAF member states
2007Mexico beat the USA 5-0 final the Gold Cup final, the biggest margin of victory ever in a final
2009USA's Landon Donovan sets the record for most goals overall at the Gold Cup finals with 18
2013Mexico win a record seventh Gold Cup title, but manager Miguel Herrera leaves his post two days after the final
2015The CONCACAF Gold Cup finals are expanded to include 16 teams
2018Conclusion
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.
What are the most popular Gold Cup bets?
Some of the most popular CONCACAF Gold Cup bets are:
- Match result
- Handicap and spread betting
- Correct score
- Half-time/full-time
- Match result and both teams to score
- Outright winner
- To qualify
- Stage of elimination
What are the best Gold Cup betting sites?
The top sites for CONCACAF Gold Cup betting in Canada can be found in our list of recommended sports casinos on this page.
Can I bet on the Gold Cup on mobile?
Yes. You most certainly can.
What is Gold Cup live betting?
Live betting is where you can place wagers on soccer when matches are in-play. The markets react to what happens on the field.