Who will win the World Cup? Betting odds, expert predictions for 2023 FIFA tournament

It's time for the most exciting event of the summer, and there is plenty of betting action around the World Cup.

Will the heavily favored United States claim a third consecutive title, or will USWNT's reign come to an end in 2023? The World Cup will feature a record 32 teams doing battle at the event hosted by Australia and New Zealand.

Whether you want to back the Americans to win it all, predict the outcome of certain games or take a player such as Megan Rapinoe to score a goal, our guide to World Cup betting odds and expert predictions will get you ready for all the action on the pitch.

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What are the World Cup betting odds?

Understanding the different World Cup betting odds and wager types is paramount to learning how to bet on sports in general. Not only can bettors predict the winner of the event — BetRivers lists the Americans as +250 favorites — but there is also plenty of action around which player will take home awards such as the Golden Boot, which goes to the World Cup's top goal-scorer.

In addition to shopping around for the best odds, the type of wagering you plan on doing will likely determine which online sportsbook is right for you. For example, sports betting apps such as FanDuel allow you to bet on the outcome of each individual game, while DraftKings offers a wide array of prop bets throughout the tournament — such as how many total goals will be scored in the game between the United States and Vietnam.

Who is the favorite to win the World Cup?

The Americans are the overwhelming favorite to win the World Cup, which would be their third consecutive title. Virtually every sportsbook is in agreement that the United States is most likely to emerge victorious. For reference, a $100 bet on the USWNT to win it all at +225 odds would yield $225 in winnings, plus the original $100 wager.

Here is a full list of odds for each team to win the World Cup, according to Caesars Sportsbook:

World Cup expert predictions

Perusing expert predictions is a key part of preparing your World Cup betting slip in order to get an understanding of how teams match up with one another and their chances at making deep runs in the tournament.

Here are our expert predictions from the team at USA TODAY:

Nancy Armour

Winner: United States.

Final: United States 2, Germany 1.

Golden Ball: Sophia Smith, United States.

Golden Boot: Alexandra Popp, Germany.

Biggest surprise: Crystal Dunn makes an appearance in the U.S. midfield.

Lindsay Schnell

Winner: United States.

Final: United States 3, Germany 2.

Golden Ball: Sophia Smith, United States.

Golden Boot: Sophia Smith, United States.

Biggest surprise: Megan Rapinoe comes off the bench late in the semifinals to score the game-winning goal.

Jim Reineking

Winner: United States.

Final: United States 3, England 1.

Golden Ball: Alex Morgan, United States.

Golden Boot: Rachel Daly, England.

Biggest surprise: Powered by its star player, Sam Kerr, and the emotional exhilaration of playing in front of the home crowd for every game, it wouldn't be a surprise at all to see Australia advance as far as the semifinal.

How to bet on the World Cup

With a wide array of legal online sportsbooks and sports betting apps operating in the majority of U.S. states, there is no shortage of options for wagering on the World Cup.

USA TODAY readers can claim exclusive promos with a number of operators that offer World Cup betting — including BetMGM, which is offering a $1,000 first-bet deal for our readers. If you sign up through this link, BetMGM will give you first-bet insurance of up to $1,000 if your first bet of at least $10 doesn't click. The funds would be provided back to you as bonus bets with a 1x rollover requirement and no minimum odds restrictions.

You can click any of the sportsbook links we've provided in this story to claim unique offers and promos for World Cup betting.

This article originally appeared on USA TODAY: Women's World Cup 2023 betting odds, expert predictions