Quarter-Finals: Botafogo vs River Plate — Leg 1: Botafogo @2.20 🏆 Flamengo vs. Peñarol — Quarterfinals: Flamengo @1.75 Palmeiras vs Boca Juniors — first leg: Palmeiras @1.80 ⚡ Over 2.5 Flamengo vs Peñarol: @2.05 2026 title favorite: Flamengo @2.60 🔥 Botafogo to advance: @1.85 Both Teams to Score — Quarter-Finals: Yes @1.90 💰 Brazilian Quarter-Finals Accumulator: odd @4.20 Correct score Fla 2×0 Peñarol: @7.00 ⚽ South American Champion: Brazil dominates with 4 likely semi-finalists Quarter-Finals: Botafogo vs River Plate — Leg 1: Botafogo @2.20 🏆 Flamengo vs. Peñarol — Quarterfinals: Flamengo @1.75 Palmeiras vs Boca Juniors — first leg: Palmeiras @1.80 ⚡ Over 2.5 Flamengo vs Peñarol: @2.05 2026 title favorite: Flamengo @2.60
🏆 Copa Libertadores 2026 — Quarter-Finals

Libertadores Betting at 98bet — Competitive Odds for the Biggest Tournament in South America

From the group stage through the Round of 16, quarterfinals, semifinals, and the grand final in Buenos Aires, 98bet covers every Libertadores match with full markets, expert analysis, and live cash out. Bet on your team and withdraw via Pix in minutes.

Every Match Covered Live Cash Out Withdrawal via Pix
🏆

Title Odds

Copa Libertadores 2026

Final: Buenos Aires

Bet on who lifts South America's most coveted trophy at 98bet.

🔴⚫ Flamengo @2.60
🟢 Palmeiras @3.10
⭐ Botafogo @3.80
🇦🇷 River Plate @4.50
🇦🇷 Boca Juniors @6.00
🌎 Others @9.00+
32
Group Stage Teams
8
Quarter-Final Teams
4
Brazilian Clubs in the Quarter-Finals
100+
Markets per Match
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Featured Matchups — Bet at 98bet

Odds updated in real time. Click any odd to place your bet directly on the platform.

All
Quarters
Semifinal
Title
Libertadores 2026 • Quarterfinals Tue 21:30  LIVE
First Leg  Leg 1
🔴⚫
Flamengo
🇧🇷 Brazil
Form: W W W D W
vs
🟡⚫
Peñarol
🇺🇾 Uruguay
Form: W D W W L
98bet Pick
Flamengo to win (1) — @1.75
Flamengo at Maracanã boasts the tournament's best attack. Peñarol sits deep on the road, but the Rio side scores too freely to be kept off the board.
Flamengo 1.75
Draw 3.50
Peñarol 4.80
Over 2.5 2.05
98bet Team Confidence76%
Libertadores 2026 • Quarterfinals Wed 21:00
First Leg  Leg 1
⭐
Botafogo
🇧🇷 Brazil
Form: W W D W W
vs
🔴⚪
River Plate
🇦🇷 Argentina
Form: W W W L W
98bet Pick
Both teams to score — Yes @1.90
River Plate have the most efficient attack of any Argentine side in this year's Libertadores. Botafogo don't sit back. Expect goals at both ends.
Botafogo 2.20
Draw 3.20
River 3.10
BTTS Yes 1.90
98bet Team Confidence64%
Libertadores 2026 • Quarterfinals Thu 21:30
First Leg  Leg 1
🟢
Palmeiras
🇧🇷 Brazil
Form: W W D W W
vs
🟡🔵
Boca Juniors
🇦🇷 Argentina
Form: D W W D W
98bet Pick
Palmeiras to win — @1.80
Palmeiras at Allianz have lost only twice at home in the Libertadores over the past 3 years. Boca travel well, but the São Paulo side are the stronger team right now.
Palmeiras 1.80
Draw 3.40
Boca 4.20
Pal advances 1.68
98bet Team Confidence71%
Libertadores 2026 • Quarterfinals Fri 21:00
First Leg  Leg 1
🟢🔵
Atlético-MG
🇧🇷 Brazil
Form: W W W D W
vs
🔵🟡
Nacional
🇺🇾 Uruguay
Form: W D W L W
98bet Pick
Atlético-MG by 2+ goals — @2.30
Galo boasts the most potent attack among Brazilian clubs in the 2026 Libertadores. Nacional made it to the quarterfinals but doesn't have what it takes to hold off the Minas Gerais side at home.
Atlético-MG 1.60
Draw 3.80
Nacional 5.50
Over 2.5 1.88
98bet Team Confidence79%
Libertadores 2026 • Semi-Final Oct 2026 — to be confirmed
Semi-Final  Home & Away
🏆
Qualified A
TBD
vs
🏆
Qualified B
TBD
98bet Pick — Likely Semifinalists
Flamengo, Palmeiras, Botafogo & Atlético-MG
With four Brazilian clubs in the quarterfinals, a fully Brazilian semifinal is a real possibility. Bet on the champion now to lock in better odds before the final stages.
Flamengo 2.60
Palmeiras 3.10
Botafogo 3.80
Atlético-MG 4.20
98bet Team Confidence58%
Libertadores 2026 • Grand Final Nov 2026 • Buenos Aires
Single Match  Final
🌎
Finalist A
TBD
vs
🌎
Finalist B
TBD
98bet Pick — 2026 Champion
Flamengo @2.60 — best value right now
Bet on the champion now while odds still reflect the uncertainty of the quarterfinals. After the semifinals, the favorite's odds drop sharply on 98bet.
Flamengo 2.60
Palmeiras 3.10
River Plate 4.50
Others 6.00+
98bet Team Confidence55%

Libertadores Stages

Follow the tournament as it unfolds and bet on every stage at 98bet.

Preliminary Round
Pre-Libertadores Completed
Lower-ranked teams entered at this stage
Group Stage
Groups A–H Completed
32 teams, 8 groups of 4 — 16 advanced
Round of 16
Round of 16 Completed
8 teams eliminated — all Brazilian clubs advanced
Current Stage
Quarterfinals In Progress
Leg 1: Sep 2026 • Leg 2: Oct 2026
Next Stage
Semifinals Coming soon
October 2026 — first & second leg
Final Stage
Final Coming soon
November 2026 — single match in Buenos Aires

Top Scorers — Libertadores 2026

Pedro (Flamengo) 8 goals
Hulk (Atlético-MG) 7 goals
Estêvão (Palmeiras) 6 goals
Tiquinho (Botafogo) 5 goals
M. Borja (River Plate) 5 goals

Bet on the tournament's top scorer with special odds at 98bet.

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How the Brazilian Clubs Advanced at 98bet

All four Brazilian clubs topped their respective groups and enter the quarterfinals as favorites. See the groups where they finished first.

Group A
TeamGPPTSCS
Flamengo 616+11
Olimpia 610+3
Sporting Cristal 67-2
Millonarios 62-12
Group C
TeamGPPTSCS
Palmeiras 615+9
San Lorenzo 69+1
Bolívar 66-3
Cerro Porteño 63-7
Group E
TeamGPPTSCS
Botafogo 613+7
Junior 68+2
LDU 670
Universitario 64-9
Group G
TeamGPPTSCS
Atlético-MG 617+14
Nacional 69+2
Caracas 65-6
Always Ready 61-10

■ Direct qualifier   ■ Finish as Runner-Up

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What to Bet on in the Libertadores at 98bet

Over 100 markets per match to let you enjoy every detail of the most important South American club tournament.

Match Result (1X2)

Who wins the first leg or the return? Bet on the straight result with competitive odds across all Libertadores matchups.

Ex: Flamengo to win @1.75 / Draw @3.50
Who Advances

Bet directly on which team advances based on the aggregate score across both legs. The most popular market in the Libertadores.

Ex: Palmeiras to advance @1.68
Tournament Champion

Bet on the 2026 Libertadores champion before the final even arrives. Odds are better now than they will be on the eve of the decision in Buenos Aires.

Ex: Flamengo to win the title @2.60
Goals Over/Under

Will the match finish with more or fewer goals? Lines of 1.5, 2.5 and 3.5 are available for every quarter-final, semi-final and final.

Ex: Over 2.5 goals @2.05
Both Teams to Score

Will both teams find the net? A popular market when the matchup is balanced and both sides have strong attacking options.

Ex: BTTS Yes @1.90
European & Asian Handicap

Favorite team with a goal handicap or Asian line. Best used when the favorite is heavily favored, as in Atlético-MG matches.

E.g. Atlético-MG -1 @1.85
Correct Score

What will the exact final score be? Higher odds for those who know each team's offensive or defensive style.

E.g. 2×0 Flamengo @7.00
Correct Score

Which player will score during the match? First goalscorer, last goalscorer, and anytime scorer markets with strong odds for the top strikers.

Ex: Pedro scores @2.10
Live Betting with Cash Out

Odds updated second by second throughout the match. Cash out available to settle your bet before the final whistle and lock in part of your winnings.

Ex: Next goal Flamengo @2.05 live

How to Place Your First Libertadores Bet at 98bet

From account creation to your first withdrawal. Fast, simple, and hassle-free.

1
Create Your Free Account

Sign up in under 2 minutes. Enter your email, CPF, and create a secure password. No fees, no hassle.

2
Deposit from R$ 10.00

Instant Pix, bank slip (boleto), credit/debit card, PicPay, Mercado Pago, or TED transfer through Brazil's major banks.

3
Choose a Match & Place Your Bet

Go to Libertadores on 98bet, select the match you want, choose your market, and enter your stake. Confirm and wait for the result.

4
Win & Withdraw via Pix

Winnings credited automatically. Withdrawals via Pix from R$ 30.00 — lands in your account in under 10 minutes, 24 hours a day.

Recent Libertadores Champions — A Reference for Your Bets

Past winners reveal patterns that can help you spot value in 98bet's odds for this edition's title market.

Year Champion Runner-up Score Final Venue
2026 Botafogo 🇧🇷 Atlético-MG 🇧🇷 3×1 Buenos Aires
2023 Fluminense 🇧🇷 Boca Juniors 🇦🇷 2×1 (a.e.t.) Rio de Janeiro
2022 Flamengo 🇧🇷 Athletico-PR 🇧🇷 1×0 Guayaquil
2021 Palmeiras 🇧🇷 Flamengo 🇧🇷 2×1 (a.e.t.) Montevideo
2020 Palmeiras 🇧🇷 Santos 🇧🇷 1×0 Rio de Janeiro
2019 Flamengo 🇧🇷 River Plate 🇦🇷 2×1 (a.e.t.) Lima

Brazil has dominated the Libertadores: 6 consecutive titles from 2019 through 2026. In both 2020 and 2021, the final was an all-Brazilian affair. The odds 98bet offers on Brazilian clubs in this edition reflect that recent dominance.

The Libertadores and Brazilian dominance: what it means for 98bet bettors

Over the past six years, no club outside Brazil has lifted the Copa Libertadores trophy. Flamengo in 2019 and 2022, Palmeiras in 2020 and 2021, Fluminense in 2023, Botafogo in 2026 — a historic run with no precedent in the competition. For Brazilian bettors following South American football on 98bet, this isn't just a point of pride: it's real, actionable information that directly shapes how odds are set.

The global betting market still tends to overrate Argentine sides — River Plate and Boca Juniors in particular — based on the tournament's pre-2019 track record. This creates a recurring opportunity for those who back Brazilian clubs: the odds are often slightly higher than they should be given recent form. 98bet adjusts its odds in real time as results come in, but at the start of each round — before the first legs — value can still be found on Brazilian clubs' prices.

The four Brazilian clubs in the 2026 quarterfinals: a club-by-club breakdown

The 2026 Libertadores is shaping up to be yet another edition dominated by Brazilian football. Flamengo, Palmeiras, Botafogo, and Atlético-MG all reached the quarterfinals as group leaders with comfortable margins — none of them needed the playoff round. Here's what to expect from each club in the markets available at 98bet:

Flamengo is the title favorite at odds of @2.60 on 98bet. The Rio side has the strongest squad in the tournament in 2026, with Pedro leading the scoring charts and a midfield that balances creativity and defensive work. The Maracanã remains a fortress — Flamengo lost just one home match in the Libertadores across the last three editions. The key question for bettors is whether @2.60 represents real value or whether the market has already fully priced in their status as favorites.

Palmeiras comes in as the second favourite at @3.10. The São Paulo club boasts the tightest defensive record among the Brazilian sides — conceding very little in the group stage — and has Estêvão in outstanding form as their main attacking threat. Their quarter-final clash with Boca Juniors is the most evenly matched of the four all-Brazilian ties, and the Leg 1 odds reflect that: Palmeiras @1.80 represents real value given home-field advantage.

Botafogo, the reigning 2026 champion, arrives carrying the weight of a title to defend. The Rio side faces River Plate in the quarterfinals — the toughest draw of the four Brazilian clubs. River is the best-assembled Argentine team in this edition, and playing at the Monumental de Núñez is a genuine challenge. The @3.80 odds on Botafogo lifting the trophy carry more risk, but this is a squad with the experience of having walked that road before.

Atlético-MG is the tournament's goal machine. With 17 goals in the group stage — more than any other side in the Libertadores — and Hulk still active and decisive, Galo boasts the most efficient attack in the competition and the most compelling odds for over/under and both teams to score markets. At @4.20 for the title, there's real value given the quality of the squad.

How to bet on Libertadores two-legged ties the smart way

The Libertadores follows a knockout format with its own specific dynamics that every bettor needs to understand before placing real-value bets on 98bet. The home-and-away legs create tactical situations that simply don't exist in a league format. A few variables that make a real difference:

  • Away goal: historically, an away goal carried extra weight as a tiebreaker in the Libertadores. Even though the rule has been abolished in recent editions, teams still set up to avoid conceding away from home — and that affects the goal count in matches played on the road.
  • Altitude: matches in Ecuador, Bolivia, and Peru are played at stadiums above 2,000 meters. This matters most in the group stage but can come into play again in the semifinals depending on who advances.
  • Fixture congestion: Brazilian clubs are juggling Brasileirão and Copa do Brasil commitments alongside the Libertadores. Fatigue and squad rotation are variables that the odds market doesn't always price in accurately.
  • South American referees: Conmebol assigns officials from different countries for Libertadores matches, and refereeing styles can vary considerably. Matches officiated by referees from countries known for a more permissive style tend to produce more cards and fouls — which directly impacts cards and corners markets.

Live betting on the Libertadores: the 98bet experience

Some of the most thrilling live betting moments at 98bet happen during Libertadores matches. The tournament carries an intensity the Brasileirão simply doesn't match — every play in a quarter-final can decide a club's fate in the biggest competition in South America. When a team concedes in the 80th minute and needs another goal to force extra time, odds shift dramatically within seconds.

At 98bet, Libertadores live betting covers all match markets updated in real time: result, next goal, corners over/under, cards and, of course, cash out to close your bet when the moment is right. Cash out is especially valuable in second legs, when the aggregate score shifts the equation in unpredictable ways and you can choose to lock in part of your winnings rather than risk losing everything on a last-minute comeback.

Deposits & Withdrawals at 98bet for Libertadores Betting

Libertadores quarterfinal and semifinal matches typically kick off on Tuesday and Wednesday nights — Brasília time — which means bettors need to have funds available before the games start. At 98bet, Pix deposits are instant around the clock: deposit at 20:55 and your balance is ready before the 21:00 opening whistle.

If you prefer other payment methods, 98bet also accepts credit and debit cards, boleto bancário, PicPay, Mercado Pago, and TED transfers through Brazil's major banks — Nubank, Itaú, Bradesco, Banco do Brasil, and Caixa Econômica Federal. The minimum Pix withdrawal is R$ 30.00, and processing takes under 10 minutes any day of the week, including during late-night Libertadores matches.

The Final in Buenos Aires: the dream destination for fans and bettors alike

The 2026 Libertadores final is set for November in Buenos Aires — a venue that has split opinion among Brazilian fans. Playing on Argentine soil, with the local crowd potentially backing a South American rival, is a genuine challenge for any Brazilian club. That said, recent history shows Brazilian teams don't back down: Flamengo beat River Plate in Lima in 2019 in one of the most thrilling finals the tournament has ever seen, and Botafogo defeated fellow Brazilian side Atlético-MG in the 2026 final, also in Buenos Aires.

For bettors following the Libertadores on 98bet, the choice of final venue matters. If both finalists are Brazilian, a neutral stadium favors whichever side can mobilize more supporters abroad. In a Brazil vs. Argentina matchup, the crowd factor works against the Brazilian team — though recent head-to-head history tips the balance back. 98bet's outright odds will reflect all of these variables as the tournament progresses, and getting in early means locking in better prices than waiting until the final is set.

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Privacy & Data Protection at 98bet

98bet collects your data solely to operate the platform, process bets, and prevent fraud. Your information is never sold to third parties. By creating an account, you agree to our Privacy Policy and with the Terms and Conditions. 98bet complies with the LGPD (General Data Protection Law — Lei nº 13.709/2018).

Libertadores Betting FAQs on 98bet

The "who advances" market at 98bet is settled on the aggregate score across both legs to determine who progresses. You bet on which team advances regardless of the individual result of each match. If the aggregate is level after both legs, the tie goes to extra time and, if needed, a penalty shootout — the team that advances in that scenario is the winner of the market. Odds are adjusted in real time after the first leg to reflect the updated aggregate picture.

Yes. 98bet covers every group-stage match in the Copa Libertadores, including fixtures that don't involve Brazilian clubs. In the group stage, available markets include match result, over/under, handicap, and both teams to score for all 32 sides. As the tournament progresses to the round of 16, quarterfinals, and semifinals, market coverage expands to over 100 options per match — exact score, anytime scorer, corners, cards, and full live betting with cash out.

It depends on which market you bet on. For match result (1X2) and goals markets, 98bet settles on regulation time only — 90 minutes — extra time and penalties do not count for those markets. If you bet on the second-leg result and it ended level in regulation, your bet is settled as a draw. For the "who advances" market, however, if the aggregate is tied after 90 minutes of the second leg, extra time and a potential penalty shootout determine who progresses — and that result does count for the advancement market.

Yes. 98bet lets you combine results from different Libertadores matches in a single accumulator — for example, backing Flamengo to win and Palmeiras to advance in one combined bet. The odds multiply and your potential return grows. You can also mix Libertadores markets with markets from other competitions, such as the Brasileirão or the Copa do Brasil. The only restriction is that you cannot combine two markets from the same match in the same accumulator.
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