2023 FIFA Women’s World Cup Odds & Futures


The 2023 FIFA Women’s World Cup is almost here! Between July 20 and August 20, the best female soccer players on the planet will compete for the prestigious trophy in Australia and New Zealand. 

After triumphing in 2015 and 2019, the United States heads into the tournament as the bookies’ favorite to claim a third successive title. However, rival nations such as England and Spain are determined to steal the USWNT’s crown.

USWNT is the favorite at 2023 Women's World Cup
USWNT is the favorite at 2023 Women’s World Cup

I created this 2023 Women’s World Cup betting preview to point you in the right direction when it comes to wagering on the tournament. Below, I – Ben Morris – break down the odds before discussing the best bets, teams to avoid and potential sleepers.

2023 Women’s World Cup Preview 

  • Dates: July 20 – August 20 
  • Host Nations: Australia and New Zealand 
  • Teams: 32 (6 Confederations) 
  • Defending Champion: United States 

The ninth edition of the FIFA Women’s World Cup gets underway on Thursday, July 20. The host nations will kick off the tournament, with New Zealand taking on Norway and Australia facing Ireland. 

For the first time ever, this year’s Women’s World Cup will feature 32 teams instead of 24. The expanded competition features nations from six confederations – UEFA (12), CONCACAF (6), AFC (6), CAF (4), CONMEBOL (3) and OFC (1). 

Australia has six host venues, while New Zealand has four. The final is scheduled to take place at Sydney’s Accor Stadium, which boasts a capacity of 75,784.

Outright Odds for the 2023 FIFA Women’s World Cup 

Here are the latest 2023 FIFA Women’s World Cup odds. With the outright prices ranging from +225 to +30000, there is plenty of value to be found. (odds subject to change)

  1. United States (+225) 
  2. England (+400) 
  3. Spain (+450) 
  4. Germany (+700) 
  5. France (+850) 
  6. Australia (+950) 
  7. Sweden (+1750) 
  8. Brazil (+2000) 
  9. Japan (+2000) 
  10. Netherlands (+2000)
  1. Canada (+2800) 
  2. Norway (+4500) 
  3. Denmark (+5500) 
  4. Italy (+8500) 
  5. Portugal (+8500) 
  6. Colombia (+17500) 
  7. Argentina (+20000) 
  8. China (+20000) 
  9. Ireland (+20000) 
  10. New Zealand (+20000) 
  1. South Korea (+20000) 
  2. Switzerland (+20000) 
  3. Costa Rica (+30000) 
  4. Haiti (+30000) 
  5. Jamaica (+30000) 
  6. Morocco (+30000) 
  7. Nigeria (+30000) 
  8. Panama (+30000) 
  9. Philippines (+30000) 
  10. South Africa (+30000) 
  11. Vietnam (+30000) 
  12. Zambia (+30000) 

Where’s the Value in This Year’s FIFA Women’s World Cup?

Unsurprisingly, the United States (+225) is the bookies’ favorite to secure the silverware. Not only have the Stars and Stripes won each of the last two Women’s World Cup titles, but they have also won four of the eight previous editions of the tournament.

The US will have to fend off competition from several European sides if they want to win a third consecutive title, with England (+400), Spain (+450), Germany (+700) and France (+850) all expected to challenge for the trophy. 

Host nation Australia (+950) is the bookies’ sixth favorite, while 2011 champion Japan (+2000) also features in the top 10. The other host nation, New Zealand (+20000), is viewed as an outsider. 

Best Bets for the 2023 Women’s World Cup 

It’s time to check out the best bets for the FIFA Women’s World Cup. In my eyes, the three teams in this section stand the best chance of going all the way Down Under.

If you’re looking, you can find all our soccer picks in one place. One of our Sports Hub soccer experts is up over $800 the past 7 days. He’s been crushing Liga Mexico.

United States (+225) 

You probably won’t be surprised to find the United States in this section. After all, the Stars and Stripes are the undisputed queens of the Women’s World Cup, having triumphed in 2015 and 2019 to double their title tally.

USWNT has unmatched experience at Women's World Cup
USWNT has unmatched experience at Women’s World Cup

Believe it or not, six players on the USWNT roster – Alex Morgan, Megan Rapinoe, Kelley O’Hara, Crystal Dunn, Lindsey Horan and Julie Ertz – have 100+ international caps. When it comes to tournament soccer, experience is vital. 

England (+400) 

Fresh from winning the 2022 European Championship on home soil, the Lionesses will be confident of emulating their continental success on the world stage when they bid for a first Women’s World Cup title in the coming weeks.

With superstars such as Keira Walsh, Lucy Bronze, Georgia Stanway, Alessia Russo and Ella Toone leading the way, England has the potential to end the United States’ era of dominance. 

Australia (+950) 

The quality of women’s soccer in Australia has grown exponentially in recent years. The Matildas now have the opportunity to test themselves against the world’s strongest teams on home soil. 

Captained by the unstoppable Sam Kerr – who has scored 63 goals in 120 appearances for her country – the Aussies could use the home crowds to their advantage. They could possibly make a charge for the latter stages of the tournament. 

Teams to Avoid When Betting on the Women’s World Cup 

Although some high-profile nations are expected to run deep, there are reasons why you shouldn’t back certain sides. In this section, I look at two teams that could flatter to deceive in Australia and New Zealand. 

Spain (+450) 

Spain was favored to win last summer’s European Championship, but La Roja ended up falling in the quarterfinals. Granted, key playmaker Alexia Putellas is back after missing the previous tournament due to injury, but I can still see Spain struggling to deal with the world’s top teams.

Spain does not match up well

France (+850) 

For one reason or another, France invariably fails to live up to expectations at major tournaments. Since 2009, the French have suffered five quarterfinal defeats across the World Cup and the Euros, so I can see them falling short once again. 

2023 Women’s FIFA World Cup Sleepers to Consider 

If you move away from the bookies’ favorites and scour the full Women’s World Cup odds list, you can find excellent value. With that in mind, here are a couple of promising teams with attractive prices. 

Sweden (+1750) 

Sweden won the third-place playoff at the 2019 World Cup, meaning the Blue and Yellow has finished third on three occasions over the years. The 2003 runner-up is one of the dominant forces in European soccer, so I expect Peter Gerhardsson’s team to surprise a few people this year.

Netherlands (+2000) 

Priced at +2000 to go all the way, the Netherlands looks like a solid outside bet for the 2023 Women’s World Cup. Having made it all the way to the final last time around, the Dutch will fancy their chances of upsetting the odds this summer.

Before we wrap up, if you’re a bettor that’s new to betting futbol, we have you covered. Take a look at our how to bet on soccer page to get more comfortable with wagering on the most popular sport in the world.

Stick With Sports Hubs for More Women’s World Cup Content 

I will be back with more Women’s World Cup betting advice throughout the tournament. In addition to keeping an eye on the latest outright odds, I will share Women’s World Cup picks for all the biggest matches. 

If you want to stay up to date with all the latest Women’s World Cup developments, be sure to create an account with Sports Hub. You can rest assured that our team of experts will keep you on top of the best betting opportunities for the duration of the tournament.