Did you know that your AFCON odds determine your bets? In this guide, you will learn how to apply the odds in your favour when betting on AFCON 2024 matches.
What Are AFCON Betting Odds For 2024?
Odds in sports determine your potential winnings. It is a number that is provided by bookmakers to determine the likelihood of an event in the game. So, if you’re making a bet on games, the odds will determine your payout if your AFCON predictions are correct. For instance, in a match between Cameroon and Cote d’Ivoire, a bookie may place 1.50 odds on Cameroon to win the match. If Cameroon wins, and you place this bet, your winnings will be calculated based on these odds.
The value of odds in any match is determined by probabilities. So, if the AFCON betting odds are higher, the less likely the event will happen. In other words, risky bets tend to get higher odds than safer bets. If the odds are low, what it simply means is that there’s a higher chance that prediction will win.

AFCON Odds Explained
Before you place your AFCON bet, it’s important you understand how AFCON odds work. Since it determines your potential win, you need to know how it will affect your bet.
Not all bookies list their odds in the same format. So, before you begin making your AFCON bets, here are some of the popular odds you’ll likely come across:
Decimal Odds
This type of odds are the most popular generally and used in almost all sports betting sites. Decimal odds are easy to interpret compared to other betting sites. For instance, if you place a Tsh 1,000 bet on an event with 2.0 odds, you’ll receive TSH 2,000 if your bet wins. You’ll only have to multiply the odds with your bet to determine your payout. Also, most expert tips are analyzed with Decimal odds.
Fractional Odds
Fractional odds, like decimal odds, are also very popular. However, unlike the latter, Fractional odds are read differently. For instance, if you make a bet worth 7/1 odds, it means that you will win TSH 7 for every TSH 1 bet you stake.
So, let’s look at a match between Algeria and Guinea-Bissau. If you’re betting on the 1X2 market, with Algeria (2/1), Guinea-Bissau (4/1), and Draw (7/1). If you bet TSH 1,000 on Algeria, it means you will win TSh 2,000 if your AFCON predictions are correct.
American Odds
The American odds aren’t quite as popular, but you’ll still get it on some online betting sites in Tanzania. This type of odds are written with ‘+’ or ‘-’ symbols. The ‘-’ symbol usually indicates who the favourite is while the ‘+’ is for the underdog. For the American odds, it usually has a threshold value of $100, so if you’re betting on a favourite to win, you must wager a certain amount. For instance, if you’re betting on odds of -130, it means that you’ll need to stake at least $130 to win $100. However, if you’re making an underdog bet worth +280 odds, you must bet $100 to win $280.
Top AFCON 2024 Odds
Now that the AFCON draw groups stage is on, many football fans have their eyes on some of the best teams. Here are some betting tips on the AFCON favourites to win the 2024 tournament:
Cameroon is a six-time winner of the African Cup of Nations tournament. Their latest title was in 2017 and the Indomitable Lions of Cameroon have been outstanding this season. In the draw for the group stage, they will be playing under Group C, along with Senegal, Guinea, and Zambia. The Lions will be looking to pass through this stage to make it to the finals.
Egypt has the most wins in the African cup of Nations with 8 titles. The formidable team did not make it to the group stage the last time, but this year they will be competing alongside other teams in Group B. Fans have their eyes on Mohamed Salah, Liverpool’s star player to lead the squad. Also, Egypt has other notable players like Mostafa Mohamed and Zizo.
Senegal is the current holder of the AFCON title after they won their final game in 2021. The team was the first to move to the qualification stage, winning all their four games in Group L. Now, they will be competing against Cameroon, Guinea, and Zambia in Group C of the draw group stage. With all indications, Senegal will defend their title with players like Sadio Mane, Ismaila Sarr, and Kalidou Koulibaly.
Algeria is also one of the favourites to win the AFCON 2024 tournament. The Desert Foxes held the title twice, with the last being in 2019. If only they can replicate their performance, their formidable team stands a chance of winning this year’s title, especially with players like Riyad Mahrez, Said Benrahma, and Islam Slimani representing them.
Having gone through the qualification stage, the three-time champions are set to compete in Group A of the AFCON group draw stage. Nigeria is among the favourites competing against Ivory Coast (the host), Guinea-Bissau, and Equatorial Guinea. With formidable players like Victor Osimhen, Samuel Chukwueze, Alex Iwobi, and Moses, the Super Eagles stand a chance at winning this year’s title.
Make sure to check the list of AFCON fixtures in order to know which matches you want to bet on.
AFCON Betting Odds FAQ
Below, you can find answers to bettors’ most common questions about AFCON results and odds.
The odd represent the value that determines the potential win of bettors in the AFCON tournament.
Currently, bettors will find various sites with good AFCON odds. However, the likes of 1xBet standout for variation and additional services like promotions and live bets.
At present, Tanzania has not qualified for the 2024 competition. As a result, the country does not have any available odds for next year’s tournament.