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Favorites to Win Copa Libertadores After Stages End

Champs Still Alive

Brazilian Teams Ahead of the Pack

…and then there were 16. After an intense Group competition, we already know which are the best teams in South America, and Palmeiras’ goal of winning their third consecutive title is intact. In fact, they’re one of six Brazilian teams advancing to the first knockout portion.

Competition won’t resume until June 28. It’s never too early to check the betting online favorites to win it all. If you like to take some risks, we’ve also included a couple of dark horses.

Brazil's Palmeiras Raphael Veiga (L) celebrates after scoring against Bolivia's Independiente Petrolero during the Copa Libertadores.
Nelson Almeida / AFP

As well explore a variety of other soccer odds here to win!


First of all, Flamengo is used to going all the way. The Scarlet-Black won the title in 2019, then lost the 2021 Grand Finale match. They finished their group undefeated (5-1-0), and are the third-leading team with 15 goals.

Bruno Henrique Pinto leads the tournament with five assists. As far as goals, Pedro dos Santos, Gabriel Barbosa and Everton Ribeiro each have three thus far. It’s not surprising Flamengo dominates the soccer odds at +300.

The Scarlet-Black will face Tolima in the Round of 16.


They aren’t far behind, the two-time defending champs priced at +400, with no mercy during the latest group competition, They won all six games by a combined margin of 25-3. Also, no other team scored more goals., and no other side allowed fewer goals.

One of the reasons to include Palmeiras in soccer picks is Rafael Leal. The 22-year-old leads the tourney with seven goals. Several European powerhouses already have an eye on him.

If Leal is having a bad day, Raphael Veiga can do the job. The 26-year-old has scored six goals. In the Round of 16, they will face Cerro Porteno.

Atletico Mineiro

Here’s another Brazilian team that’s offering a +400 price in the sportsbook. Mineiro last won the title in 2013, and hasn’t even made the final since.

Despite losing their last match, 2-1, to Tolima, they finished atop Group D with 11 points (scoring 10 goals and surrendering six). They finished undefeated on the road (2-1-0). Having Nacho Fernandez and Hulk, the two very experienced players who’ve won the tournament in past editions, is a big reason Mineiro are among the faves.

Another is that they’ll start the knockouts against Emelec, who finished the group competition at 2-2-2.

River Plate

River Plate were the last non-Brazilian team to win the title, back in 2018. Los Millonarios also reached the Grand Finale in 2019, but lost, 2-1, to Flamengo.

Now, no trouble advancing to the Round of 16, winning Group F at 5-1-0 (18 goals scored, and surrendering three). Individually, Julian Alvarez was the Most Valuable Player after scoring six goals.

River is offering a +500 price to dethrone Palmeiras. They’ll face another team from Argentina in the Round of 16: in  Velez Sarsfield.

If you’re a passionate soccer enthusiast, make sure to explore our extensive selection of lines and odds for the Recopa Sudamericana as well.

Dark Horses

We’re going to include Boca Juniors because Los Xeneizes are offering a +1100 price. They’re a powerhouse and highly motivated after recently winning the domestic cup title.

Besides Boca, Tolima are also a very tempting online option. The only Colombian team advancing to the Round of 16 is offering a +10000 price. They finished the group portion with 11 points and 10 goals, the same as Atletico Mineiro. They finished the domestic regular season in second place with a 12-4-4 record.

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