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FIFA Women’s World Cup Odds: USA, England, Spain Top Three Favorites

Australia and New Zealand will be playing in front of excited home fans when the 2023 FIFA Women’s World Cup kicks off on Thursday, July 20. The co-hosting countries each have a history of hosting big soccer events, but this is the first time that either country will be hosting the FIFA Women’s World Cup. We put together some FIFA Women’s World Cup odds available at the top online sportsbooks and some best bets for the big event.

FIFA Women’s World Cup Odds: USA and England Lead the Way

The United States is seeking an unprecedented third consecutive World Cup title and its fifth overall. With stars all over the pitch, including Alex Morgan, Sophia Smith, Megan Rapinoe, and Rose Lavelle, the Americans are locked and loaded to win the championship.

While the U.S. has stood on the podium at the last two World Cups, it has failed to do so in the last two Olympics. That’s a great sign that the rest of the world is catching up.

One of those teams primed for a breakthrough is England, which has made the semifinal round of each of the last two World Cups. Based on the odds, it seems to be a lock that the Lionesses will be in the knockout round. Their odds to win Group D are -850, and their odds to advance to the knockout stage are -20,000.

The only other teams with odds of better than 11-to-1 to win the tournament are Spain and Germany.

FanDuel Promo Code for the Women’s World Cup

If you’re looking to place some wagers on the tournament, FanDuel Sportsbook is a great place to start because it is giving away a $100 bonus for new players.

Sign up for a new account using our exclusive FanDuel Promo Code link, and you will be eligible. Once you click the link, finish the registration process and make your first deposit of at least $10. Then, place a bet of at least $5 using your deposited funds, and FanDuel will award your account with $100 in bonus bets no matter the outcome of your first bet.

In addition to that, you will receive $10 in bonus bets for every game the USA wins during the Women’s World Cup. With three group stage games and the potential for four knockout stage games, there is a potential for another $70 in bonus bets.

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FIFA Women’s World Cup Format

The 32 qualifiers have been divided into eight groups of four. Each team will play the other three teams in its group one time. A win is worth three points, and a draw is worth one point. The two teams with the most points in the group after the round-robin games will advance to the knockout stage.

The remaining 16 teams will square off in a single elimination bracket, with the champion needing to win four wins to lift the trophy.

The first group stage games will be played on Thursday, July 20. Norway will face New Zealand; Ireland will face Australia, and reigning Olympic champion Canada will face Nigeria.

The United States will open its group stage against Vietnam on Friday, July 21.

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Best Bets for FIFA Women’s World Cup

The latest 2023 FIFA Women’s World Cup odds from Caesars Sportsbook lists the USWNT as +220 favorites to win their third consecutive title. The United States was listed at +350 in 2019 and +225 in 2015.

Meanwhile, England (+450), Spain (+500) Germany (+800), and France (+1000) round out the top five in the 2023 FIFA Women’s World Cup futures.

Here are three wagers to consider before the tournament begins.

United States to Reach the Semifinals (-160 odds at DraftKings)

The USWNT has never failed to reach the World Cup semifinals, which should again be the case this year. The U.S. is heavily favored to win Group E, giving the team a potential path of facing Italy in the Round of 16 and Japan or Norway in the quarters. The semifinal would be a test, as the list of likely opponents includes Canada, France, or host nation Australia. Anything short of another semifinal appearance would be both a surprise and a disappointment for the favorites.

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Sweden to Win World Cup (+2000 odds at BetMGM)

After being trounced 4-0 by England in last year’s Euros, there may be a buy-low opportunity on a side that will win its group and has world-class players in Stina Blackstenius, Kosovare Asllani, and Fridolina Rolfö. One negative is that Sweden looks to be on the loaded side of the draw, where the four quarterfinalists could be Sweden, England, Germany, and Spain. All of those squads are talented enough to win this event. Historically, Sweden has a great track record, reaching the World Cup semifinals four times. Maybe this is finally its year.

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New Zealand to Qualify From Group A (-110 odds FanDuel)

New Zealand has never won a WWC match, but this group offers hope for advancement. An opening match with Norway is by far the toughest match in the group, and if the Football Ferns can escape with a draw or even a 1-0 loss, they would be in very good shape. And that’s assuming they handle the Philippines as expected and get a point against Switzerland.

If this wager entices you, FanDuel has a special World Cup offer for new users. For a limited time, bet $5 and get $100 in Bonus bets. All you have to do is sign up, bet on any live sports market, and get $100 in Bonus Bets within 72 hours of placing your wager. 

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