The 2023 Women’s World Cup is about to kick off in Australia and New Zealand, and soccer betting fans have already caused fluctuations in the market before a ball has even been kicked. Heavy favorites USA have in the last few days seen its odds narrow even further, while Spain is also seeing movement in the betting markets.

They’re joined by England, Germany, Australia, and France as the most likely candidates to win the Women’s World Cup come the final on August 20.

FanDuel Sportsbook launched its futures market earlier this year and placed Team USA at the top of the pile. That’s no surprise when you consider USA has one of the best rosters in international soccer, including the likes of Becky Sauerbrunn, Crystal Dunn, and Alex Morgan.

Since then Vlatko Andonovski’s team has seen its odds tighten further, while rivals England and Germany have endured a widening in their price.

More and more betting apps are launching their odds on the Women’s World Cup as we near kick-off. Here are some of the best bets worth considering this summer.

2023 Women’s World Cup Winner Odds

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2023 Women’s World Cup Best Bets To Back Today

The Women’s World Cup kicks off in Auckland on July 20 and betting sites across the country are throwing interesting props for bettors seeking a variety of wagers. Here are four lines to look at.

Injuries Hurt England

England should be the favorites for this World Cup. They are European champions, have the best coach in women’s football in Serena Wiegman, and recently beat Brazil at Wembley Stadium. So why is Team USA ahead of them in the soccer betting odds? Because of injuries.

Beth Mead, Leah Williamson, and Fran Kirby are all out of the tournament with knee injuries. Wiegman described the injuries as “devastating” and she isn’t wrong. Losing Mead was bad, but not having Captain Williamson will greatly reduce England’s defensive stability.

England should progress through the group stage. But can they win four games in the bracket against the world’s best opposition? Right now it doesn’t look like it.

What’s more, sportsbooks have recently shifted their England World Cup winner odds from +340 to +430. That nudge is a result of disappointing performances in friendlies leading up to the tournament, and a concern that the Lionesses don’t have the offensive firepower to overcome the bigger teams.

All Eyes On Australia

2023 Women's World Cup Best Bet: Australia to win World Cup 900 at FanDuel

FanDuel has already cut its odds on Australia winning the Women’s World Cup on the eve of the tournament. Australia is co-hosting this summer and beat Brazil in the 2019 World Cup. 

They were unlucky to crash out on penalties against Norway in the last-16 but should advance further here.

Australia also boasts one of the world’s best players in Sam Kerr, who is considered a firm Top Goalscorer bet. Manchester City’s Hayley Raso and Mary Fowler make up a deadly offense, while Lyon’s Ellie Carpenter already has over 60 international caps at the age of 23.

There is experience and quality in this Australia side. They have a home advantage and are priced way down at +900 to win the Women’s World Cup. Those odds will slim if they begin the tournament with a big win over the Republic of Ireland on July 20.

Back USA For Goals

2023 Women's World Cup Best Bet: USA TT over at FanDuel

The USWNT is unbeaten since November and has recently earned wins against Ireland, Brazil, Japan, and Canada. This team is accustomed to playing against defensive-minded opposition, and we should see that in their first game against Vietnam on July 21.

USA are -20000 to beat Vietnam but there is far better value in backing goals here. Plenty of goals. The coach will want a fast, comfortable start, so don’t be surprised if they lead by two or three at halftime.

Sophia Smith, Trinity Rodman, and Ashley Sanchez could all get their chance to shine here. The total goals line is where the smart bets are to be found.

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Nigeria Tipped For First Shock Win

2023 Women's World Cup Best Bet: Nigeria to beat Canada +850 at FanDuel

Bettors have moved fast to back Nigeria at the 2023 Women’s World Cup. The team was originally priced at +1300 to beat Canada in its opening Group B game on July 21 but those odds have collapsed to +850 after some heavy betting activity.

This may look like an easy win for the Canadians, but Nigeria could impress here. The team reached the 2022 Women's Africa Cup of Nations semi-finals, and recently beat New Zealand 3-0 in an exhibition game.

Asisat Oshoala is a big star at Barcelona, Chiamaka Nnadozie is Paris FC’s goalkeeper, and Toni Payne is one of Sevilla’s most trusted players. There is star quality in this Nigeria team and they won’t fear Canada.

Granted, the Canadians should win this game. But at odds of +850 there’s always a chance Nigeria could secure big profits off a small wager for those seeking an upset.

2023 Women’s World Cup Golden Boot Betting

Betting on the Golden Boot at the Women’s World Cup this summer is no easy task. There are a few standout players such as Sam Kerr and Alexia Putellas, but they’re not guaranteed to score multiple goals in this tournament.

Bettors will need to decide whether to back a big-name player from a lesser team – such as Ada Hegerberg of Norway at odds of +2300 – or hope that a bigger team’s superstar will steal the show. 

Sophia Smith (+650) could do just that with the USA, and outshine golden boot favorite Alex Morgan (+500). Likewise, England have found a new deadly finisher in Rachel Daly (+1100), who may fare better than Alessia Russo (+1600) and Lauren Hemp (+2100) in front of goal.

Spain has the most number of viable Golden Boot winners in FanDuel’s betting market. Esther Gonzalez, Jennifer Hermoso, and Alba Redondo all have the ability to win games on their own.France, meanwhile, could struggle for goals this tournament with no stand-out big goalscorer in their roster. 

However, Eugenie Le Sommer (+1800) is coming off a great season for Lyon and is another top outside tip.

2023 Women’s World Cup Dates

• Group Stage – July 20 to August 3
• Round of 16 – August 5 to August 8
• Quarter-finals – August 11 and 12
• Semi-finals – August 15 and 16
• Third-place playoff – August 19
• Final – August 20