As the biggest tournament in Africa, AFCON, kicks off in January 2024, top bookmakers will provide competitive betting odds on different markets. Hence, our guide will focus on the AFCON betting odds, analysing the types of odds on games and tips on favourite nations to win the tournament.
AFCON Betting Odds Explained
Generally, online operators have various AFCON betting odds leading up to the main event. Often, Outright betting odds are the first available odds whenever bookmakers open the betting lines. An outright bet is a bet where you wager on the overall winner of a tournament. These AFCON bets are commonly placed before the tournament commences and also during the main event, although the odds will most likely be different.
Other outright betting markets available for the Africa Cup of Nations include top goalscorers and winners of an AFCON group.
Understanding the AFCON betting odds will help you make better predictions. Typically, betting odds are displayed in three main formats: Decimal, Fraction, and American. Here, we briefly discuss these betting odds formats.
Decimal odds are widely used across online betting sites worldwide because they are the easiest to understand. The odds are expressed in decimals, representing the total return for every 1 UGX wagered. For example, the AFCON betting odds for Uganda to win outrightly is 5.20, and wagering 1000 UGX will give you 5200 UGX including your initial wager if Uganda wins.
Fraction odds express betting odds as a ratio of your potential winning to your stake amount. For example, a 5/2 odds means you will get 5 UGX on every 2 UGX you wager.
In an AFCON qualification football match between Ghana and Egypt, the betting odds might take this form: Ghana 5/1 Draw 3/1 Egypt 2/1. Staking 1000 UGX on a draw will give your 3000 UGX including your initial wager, if the match ends in a draw.
American odds are complex and are not readily used across African sports betting sites. They are expressed with a “+” and “-“sign, with the “+” indicating the underdogs and “-“, the favourite team. For example, an AFCON group football game between Nigeria and Botswana has a betting odds of -300 on the Super Eagles. This means you must wager 300 UGX to win 100 UGX.
Top AFCON 2024 Betting Odds
As mentioned, the Africa Cup Of Nations will kick off in January 2024 in Ivory Coast, and 24 nations will battle to become champions of the continent. Here, we help you make better AFCON predictions by analysing the tournament’s favourite team tips.
Find out about the top teams before deciding which AFCON fixtures to bet on.
🇸🇳 Senegal Odds
Current African champions Senegal will hope to retain their title in the upcoming AFCON. The Lions of Teranga have been drawn in Group C with Cameroon, Gambia, and Guinea. The nation will depend on team captain Sadio Mane, Chelsea FC forward Nicolas Jackson, resilient defender Kalidou Koulibally, and other top players to lead them to victory.
🇪🇬 Egypt Odds
The Pharaohs of Egypt are the most successful national team on the continent, having won the AFCON seven times. The North African side are clear favourites to lead the AFCON group B, where they compete against Ghana, Mozambique, and Cape Verde.
Two-time African best player Mohamed Sallah will lead his squad alongside FC Nantes forward Mostafa Mohamed on their quest to win the AFCON for the 8th time.
🇳🇬 Nigeria Odds
Three-time champions Nigeria will hope to turn the fortune around after a disappointing round of 16 elimination in the last edition in Egypt. The Super Eagles were impressive during the AFCON qualification, scoring 22 goals in six games. In-form Napoli FC striker Victor Oshimen and experienced Leicester FC duo Kelechi Iheanacho and Wilfred Ndidi will play a huge part in Nigeria’s quest for continental glory.
🇲🇦 Morocco Odds
The Moroccan national team had an impressive outing at the 2022 World Cup in Qatar, setting a new African record for a semi-final finish. Although the Atlas Lions have not been outstanding at the AFCON in recent years, expectations are high for them to win the tournament for the second time. With top players like Hakim Ziyech, Sofyan Amrabat, and Achraf Hakimi, they are clear AFCON favourites.
🇩🇿 Algeria Odds
The Algerian side will hope to ride on their recent success in the AFCON 2019 in Cameroon when they face Angola, Burkina Faso, and Mauritania in Group D. The Dessert Warriors will depend on Riyad Mahrez, Houssem Aouar, Said Benrahma, and Islam Slimani to walk them to a third AFCON success.
🇺🇬 Uganda Odds
The Cranes will be absent from the AFCON for the second consecutive time after failing to make it past the qualifying round. Algeria and Dr Congo edged over Uganda and Niger in AFCON group F to book spots in the main event in Ivory Coast.
AFCON Betting Odds FAQ
Lastly, you can check out some answers to the most common questions about AFCOn results and other markets.
Currently, several teams are among the AFCON favourites, with Senegal the leader. However, many other qualified teams, like the Ivory Coast, could cause an upset in the finals next year.
1xBet has some of the best odds, markets and services for the AFCON. In addition, the brand has lots of live betting options and promos.
As Uganda has not qualified for the AFCON finals in 2024, the nation does not have any odds to win the tournament.