CONMEBOL Libertadores Betting Odds

On the 2024 CONMEBOL Libertadores fixtures page, you can find the complete schedule for the CONMEBOL Libertadores, along with the best odds for upcoming events and detailed stats provided by ClubSport.


CONMEBOL Libertadores Outright Odds for 2023

The CONMEBOL Libertadores (Copa Libertadores) is the main international club football tournament in South America. Every year, teams from 10 countries compete for the title of the strongest club on the continent. Taking into account the status of the competition, bookmakers always try to impress punters with the range of CONMEBOL Libertadores odds.

In addition to 1/X/2 options for tournament matches, betting platforms also offer outrights. In the 2023 Copa Libertadores, as of early October, only the final match remains to be played. It will be held on November 4, 2023. Boca Juniors and Fluminense will face off in the final. Here is the list of CONMEBOL Libertadores winner odds 2023:

Boca Juniors to win 2.50 (Bet365)
 Fluminense to win  1.57 (Bwin)

Fluminense has the best odds to win the CONMEBOL Libertadores. After starting the tournament with three wins in the group stage, the team stumbled in the next three matches, earning only one point. However, the Brazilian club regained its form in the playoffs and didn’t lose in the next six games. Simultaneously, Fluminense scored at least two goals in five of these matches.

Boca Juniors' path to the final was a bit more challenging. In the group stage, the club easily advanced to the next stage, earning 13 points out of a possible 18. But at the knockout stage, all six matches ended in a draw, forcing Boca Juniors to perform in penalty shootouts three times. Plus, in the playoffs, the team scored only three goals.

Most Wins in the CONMEBOL Libertadores

The Copa Libertadores has been held since 1960. During this period, the cup was won by 25 clubs from 7 countries. Independiente from Argentina has won the trophy the most – 7 times. Moreover, this team has never lost in the final. Second place with six wins is occupied by Boca Juniors, another Argentine club.

Flamengo is the reigning Copa Libertadores champion. Last season's victory was their third in the history of the tournament.

Team Number of the CONMEBOL Libertadores title wins
Independiente 7
Boca Juniors 6
Peñarol 5
River Plate 4
Estudiantes 4
Olimpia 3
Nacional 3
São Paulo 3
Palmeiras 3
Santos 3
Grêmio 3
Flamengo 3
Cruzeiro 2
Internacional 2
Atlético Nacional 2
Colo-Colo 1
Racing 1
Argentinos Juniors 1
Vélez Sársfield 1
Vasco da Gama 1
Once Caldas 1
LDU Quito 1
Corinthians 1
Atlético Mineiro 1
San Lorenzo 1

About CONMEBOL Libertadores Betting

The Copa Libertadores is an international tournament held annually. It features teams from South American countries that finished high in their national championships. Each country receives a quota for the number of participants and stages at which they will start the tournament. The winners of the previous year's CONMEBOL Libertadores and CONMEBOL Sudamericana reach directly the new Copa Libertadores season, regardless of the position in their national championship.

The 2023 Copa Libertadores featured 47 teams from 10 countries. The tournament is divided into three stages:

  • Qualification. At this stage, 19 teams participate. After three qualifying rounds of two-legged ties, eight participants to reach the group stage are determined.
  • Group stage. At this stage, 32 teams participate. They are divided into eight groups of four clubs each. Such group stage matches are played in a round robin format, where each team plays two games against the other rival: at home and away. Depending on the points earned in these games, the top two teams in each group advance to the next stage, while the third-placed club moves to the CONMEBOL Sudamericana knockout round playoffs.
  • Playoffs. The remaining participants are seeded based on their group position and points earned, which determines the matchups for the remaining games of the tournament. Up to the final, rivals play two-legged ties, with winners reaching the next playoff stage. In the final, teams play a single match at a stadium chosen by the organisers. In 2023, the final will be held on November 4 at the Maracanã Stadium in Rio de Janeiro, Brazil.

CONMEBOL Libertadores Markets on ClubSport

The CONMEBOL Libertadores is the largest club football tournament in South America. Such events are one of the best opportunities for bookmakers to earn a good reputation among punters, so they try to offer the widest possible selection of betting odds. Here you will find standard options like Asian handicaps or totals, as well as extra markets, such as bets on a specific player to score or "whether there will be goals in extra time ". CONMEBOL Libertadores outright odds also offer various options – before the start of the tournament, you will find many markets, such as betting on the future Copa Libertadores winner, the country whose club will win the trophy, the top scorer, and more.

Factors to consider when betting on the CONMEBOL Libertadores

The most important thing in tournaments like the CONMEBOL Libertadores is assessing the strength of future rivals. For example, the champion of Ecuador may beat all rivals in the domestic championship, but most clubs from Brazil or Argentina usually have a higher level of play, although they are considered mid-table in their countries. The easiest way to assess a team's strength is to look at the transfer value of its players, while an in-depth study of statistics is a more advanced option.

When betting on 1/X/2 markets and other popular options, we recommend paying attention to the teams' schedules. In addition to Copa Libertadores matches, each participant also performs in the national league and cup competitions. As a result, some clubs may end up having to play 3-4 games within 10 days. If this happens to one of the CONMEBOL Libertadores favourites, it is a good reason to consider betting on their next rival.

Are CONMEBOL Libertadores betting odds on ClubSport profitable and safe?

As with other sporting events, CONMEBOL Libertadores betting involves risks. ClubSport insists on sticking to responsible gambling principles and advises to consider betting primarily as a way to enhance interest in matches. If you are not very familiar with the teams playing, we recommend that you don’t place bets or stake amounts that you can afford to lose.

The ClubSport site can help pick your CONMEBOL Libertadores best bets. On our site you will find extensive information about upcoming games, which you can use to form your own opinion about the rivals. Additionally, the site's algorithms display key statistical trends in team matches, and also compile Strength Rates based on recent games. Each match also comes with a CONMEBOL Libertadores odds 2023 table to help you find the best bookmaker for your bet.

FAQ CONMEBOL Libertadores

Who is the favourite to win the CONMEBOL Libertadores in 2023?

According to CONMEBOL Libertadores winner odds, Fluminense is the final favourite. In the playoffs, the Brazilian club showed confident play, with four wins in six matches. Boca Juniors, the second finalist in 2023, didn’t win a single playoff game in regular time.

Who won the CONMEBOL Libertadores last season?

Flamengo was the 2022 CONMEBOL Libertadores winner. In the final, the Brazilian club beat their compatriots Athletico Paranaense 1-0. Gabriel Barbosa scored the winning goal in the fourth minute of the first half of extra time.

What other football tournaments does the CONMEBOL organise?

In addition to the CONMEBOL Libertadores, the South American Football Confederation club tournament system includes the CONMEBOL Sudamericana and CONMEBOL Recopa Sudamericana. Like the UEFA Europa League, the CONMEBOL Sudamericana features second-tier teams. The CONMEBOL Recopa Sudamericana is a super cup played between the winners of the CONMEBOL Libertadores and CONMEBOL Sudamericana at the start of the season.