FIBA World Cup 2023 Odds: USA, Canada Favored Ahead of Semifinals

As the semifinals of the 2023 FIBA Basketball World Cup are set, Team USA remains the betting favorite after thrashing Italy, but their neighbors to the north are also making noise.

AJ Salah • Publishing Editor
Sep 6, 2023 • 13:48 ET • 5 min read
Team USA FIBA Basketball World Cup star Anthony Edwards
Photo By - USA TODAY Sports

The 2023 FIBA Basketball World Cup is marching towards its final, and plenty of giants have fallen even before the quarterfinal round.

While they may not be the Dream Team, the United States have put together another impressive, albeit young, group with the goal of reestablishing its dominance in the international basketball hierarchy after failing to medal back in 2019. But the road hasn't been spotless.

It’s still no surprise the FIBA Basketball World Cup odds have Team USA as the betting favorite to bounce back and win its sixth title — and as well, a list of US players fully occupy the top of the FIBA World Cup MVP odds board — but who will challenge the Americans?

Get the latest FIBA World Cup odds with the semifinals on deck.

FIBA World Cup 2023 odds

Country DraftKings bet365 Caesars
USA -165 -167 -175
Canada +340 +340 +240
Serbia +800 +700 +600
Germany +900 +850 +800

Odds as of September 6, 2023.

FIBA World Cup 2023 favorites

USA (-167 to -175)

This is not your dad’s Team USA, as the program focuses on a youth movement with its "A-Team" waiting for Paris.

The average age of the team is just 24.6 years old and it will be up to Golden State Warriors head coach Steve Kerr to mold this young group into a winner after the team lost to France in 2019's quarterfinals.

Timberwolves star Anthony Edwards has been a standout, but on a team this talented and deep, anyone can kill you.

Team USA had stomped all over the competition through the first week of the tournament before a stunning 110-104 loss vs. Lithuania. They responded to that viral L by plastering Italy 100-63 on Tuesday, advancing confidently to the semis against Germany.

Canada (+240 to +340)

Team Canada had a very difficult assignment after losing to Brazil and they rose to the occasion with an 88-85 victory over Spain, the reigning champions. It effectively sent the Spanish squad home while ensuring the Canadians would continue on as one of the tournament's heaviest hitters. They also clinched an Olympic berth!

Shai Gilgeous-Alexander and Dillon Brooks played out of their minds as Canada outscored Spain 27-12 in the final frame to capture a thrilling come-from-behind win, stunning the Spaniards in the process. SGA scored 30 in his 37 minutes on 7 of 12 shooting while Brooks added 22 of his own points while going a perfect 3-for-3 from beyond the arc.

Canada got another strong team effort, toppling Luka Doncic and Slovenia with a decisive second half in a 100-89 quarterfinal victory. Next up is Serbia with a finals berth at stake. 

Best FIBA World Cup bonuses

If you're signing up for a new sportsbook for FIBA World Cup 2023 betting, here are two of the best bonuses* available:

A) USA to win the FIBA World Cup BOOSTED to +110 (was -112) at Betway! Bet Now

B) New users can get up to $1,250 in bonus bets if your first bet doesn’t win at Caesars! Sign Up Now

*Eligible USA locations only. Also, check out our full list of best sportsbook promotions for 2023.
21+. Gambling Problem? Call 1-800-GAMBLER

2023 FIBA World Cup winning group odds

Group Odds
Group C -125
Group H +450
Group E +500
Group F +1,200
Group G +1,200
Group B +1,400
Group D +2,500
Group A +4,000

*Odds courtesy of bet365 as of August 31, 2023.

Previous FIBA World Cup winners

Here is a list of the last 10 FIBA World Cup winners:

Year Winner Runner-up Host
2019 Spain Argentina China
2014 United States Serbia Spain
2010 United States Turkey Turkey
2006 Spain Greece Japan
2002 Yugoslavia* Argentina United States
1998 Yugoslavia* Russia Greece
1994 United States Russia Canada
1990 Yugoslavia* Soviet Union* Argentina
1986 United States Soviet Union* Spain
1982 Soviet Union* United States Colombia

*Former countries

FIBA World Cup MVP odds

Player FanDuel
Anthony Edwards +125
Shai Gilgeous-Alexander +390
Dennis Schroder +950
Jalen Brunson +1,300
Luka Doncic  +1,300
Austin Reaves +1,800
Bogdan Bogdanovic +1,900
Jonas Valanciunas +2,400
Jaren Jackson Jr. +2,700
Tyrese Haliburton +4,800
Simone Fontecchio +9,000
Davis Bertans +9,000

Odds as of September 4, 2023.

Understanding basketball odds

Sportsbooks have already posted FIBA World Cup futures, which are constantly adjusted as teams win and lose games — if injuries arise.

Basketball futures odds will usually look like this:

  • Canada +1,600

This means that on a $100 bet, you'll stand to win $1,600 if Canada win the gold medal. If there is a particularly dominant nation, you might see that a team has a minus sign (-) ahead of its odds. 

  • USA -150

This means that if you bet on the USA, you would have need to bet $150 to profit $100 if the Americans win the championship.

Above we have posted the American odds for the FIBA World Cup. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Check out more insight into how to bet on basketball.

Most FIBA World Cup medals all-time

Country Total Gold Silver Bronze
United States 12 5 3 4
Yugoslavia* 10 5 3 2
Soviet Union* 8 3 3 2
Brazil 6 2 2 2
Argentina 3 1 2 0
Spain 2 2 0 0
Russia 2 0 2 0
Chiles 2 0 0 2
France 2 0 0 2
Greece 1 0 1 0
Serbia 1 0 1 0
Turkey 1 0 1 0
Croatia 1 0 0 1
Germany 1 0 0 1
Lithuania 1 0 0 1
Philippines 1 0 0 1

*Country no longer exists

Where to bet on the FIBA World Cup

If you're in a state that allows mobile, or online betting, make sure you know which sites are the best basketball betting sites. The best betting sites offer sharp odds, quick payouts and are safe and secure when it comes to depositing and withdrawing your money. 

Pages related to this topic

AJ Salah covers.com publishing editor
Publishing Editor

AJ brings years of gambling experience to the Covers editorial team. A champion tournament poker player, he began writing about the NBA in 2009 and parlayed the popularity of his blog into gigs with several websites including HotNewHipHop.com and Fansided. He’s since appeared on BetMGM’s The Daily Tip, and has delivered steady profits for Covers readers for nearly a half-decade.

AJ’s sportsbook of choice is bet365, and he urges all sports bettors to educate themselves about trends: “Instead of blindly betting a team that is 8-2 ATS in its last 10 games, look at WHY that happened. Is that trend sustainable, or did that team benefit from opponent injuries, scheduling quirks, or garbage-time noise?"

Popular Content

Legal Canadian sports betting

Best Canadian betting sites Ontario sports betting
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo