2023 Women's World Cup Betting Odds: Americans Favored to Complete Historic Three-Peat

The USWNT won the FIFA Women's World Cup in 2015, successfully defended that title in 2019, and is now atop the odds board to complete the three-peat in 2023. We break down their chances and more in our full Women's World Cup odds below.

Last Updated: May 31, 2023 1:34 PM ET Read Time: 5 min
Alex Morgan USWNT FIFA Women's World Cup
Photo By - USA TODAY Sports

As summer nears, many are beginning to set their sights on the 2023 FIFA Women's World Cup in Australia and New Zealand, set to begin on July 20 with the final taking place on August 20.  

USA hit the board as a +275 solo favorite and is looking to become the first World Cup squad (men or women) to win the prestigious tournament three times in a row.

A collection of usual suspects are hot on their heels, however, as nations like England, Spain, and France look to win it for the first time. 

We break it all down in our full 2023 FIFA Women's World Cup odds below. 

Odds to win the 2023 FIFA Women's World Cup

Team Odds
USA +275
England +350
Spain +650
Germany +650
France +750
Australia +1,200
Sweden +1,400
Netherlands +1,600
Canada +2,500
Brazil +2,500
Norway +4,000
Japan +4,000
Denmark +5,000
South Korea +6,500
New Zealand +6,500
Italy +6,500

Odds courtesy of DraftKings as of May 31, 2023. 

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Favorites to win 2023 FIFA Women's World Cup 

USA (+275)

All eyes are on the Americans as they look to complete the first World Cup three-peat after getting the job done as favorites in 2015 and 2019. 

However, they'll have to do so under new guidance (Vlatko Andonovski) after Jill Ellis stepped down late in 2019. The USWNT is in Group E with Vietnam, Portugal, and 2019 finalists Netherlands. 

England (+350)

England is second on the board (and a co-favorite at some books) after winning the UEFA Women's EURO over Germany in 2022. 

That type of success has not come for them here at the World Cup, though, with their best finish being a bronze medal in 2015. Either way, they're on the shortlist of contenders. 

Spain (+650)

Despite entering as the favorites, Spain fell well short at EURO 2022, losing 2-1 to England in extra time in the quarterfinals. 

However, they were missing Ballon d'Or winner Alexia Putella due to injury. If she's back for the World Cup, Spain is assuredly one of the teams to beat. 

FIFA Women's World Cup recent winners

Five different countries have won the FIFA Women's World Cup in its 20-year history, with eight different nations having made a final. The five winners are: Team USA (3), Germany (2), Japan, Norway, and China. 

Year Women's World Cup winner Runner-up
2019 USA Netherlands
2015 USA Japan
2011 Japan USA
2007 Germany Brazil
2003 Germany Sweden
1999 USA China
1995 Norway Germany
1991 China Norway

FIFA Women's World Cup trends

• Only once has the host country won the Women's World Cup: Team USA in 1999. 

• There have been two back-to-back Women's World Cup-winning nations in history: Germany in 2003/2007 and Team USA in 2015/2019. 

• Team USA has medaled in all eight Women's World Cups, with four golds, one silver, and three bronze medals in the tournament's history. 

How to bet on the Women's World Cup

The unrivaled excitement of the World Cup only comes once every four years, and it brings many first-time bettors to the sport. Learn everything you need to know about how to bet on soccer and the World Cup with our comprehensive guide tackling moneylines, spread, totals, and even Asian handicaps. 

FIFA Women's World Cup futures odds

Betting on the outright winner of the FIFA Women's World Cup is an extremely popular futures betting option. These odds will adjust based on how countries and players perform leading up to the World Cup. Sportsbooks will also adjust the soccer odds based on handle and liability with certain nations. Futures odds are displayed in list form, showing each option and its odds – most often ranked from best chances to win to worst. You will usually see a plus (+) sign in front of a team's futures odds, like this:

  • England +350

This means that on a $100 bet, you would stand to win $350 if England won the Women's World Cup. As we get closer to the World Cup final or if one team has been extremely dominant, you might see a country with a minus sign (-) ahead of its odds.

  • USA -110

This would mean that you have to bet $110 to win $100 on a USA World Cup victory. Above we have posted the American odds for the FIFA Women's World Cup. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

FIFA Women's World Cup Odds FAQs

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