196bet Libertadores: Bet on South American Football with Live Odds and Withdraw via Pix

The Copa Libertadores is the biggest stage in South American football, and 196bet is there for every round. Flamengo, Palmeiras, Atlético-MG, Fluminense and every Brazilian club — with live odds, special markets and a minimum deposit of R$ 20.00 via Pix.

+40
Markets per match
47
Teams in the group stage
Live
Live Betting
Pix
Withdrawal in minutes
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The Libertadores Is Every Brazilian Fan's Dream — and 196bet Is Part of It

There's something different about Libertadores nights. The mood across Brazilian cities shifts the moment a local side steps onto the pitch in the continent's biggest club competition. Bars packed and loud, families gathered in the living room, tension running from kick-off to the final whistle — and anyone watching with a bet on knows that every goal, every penalty, every red card becomes a moment of its own.

A 196bet understands that passion and has built dedicated coverage of the Copa Libertadores de América that goes far beyond simply offering match odds. We cover deep markets — over 40 per game —, live odds that update in real time, and a Pix deposit and withdrawal system that ensures you never miss a bet due to slow processing.

From the group stage all the way to the grand final — including two-legged knockout ties packed with drama — 196bet covers it all. With Brazilian clubs historically among the strongest in the competition, there's always a special angle for bettors from Brazil.

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Upcoming Libertadores Matches at 196bet

Bet on the hottest matchups of the group stage and knockout rounds

Copa Libertadores Group Stage
Live — 67' (1×0)● LIVE
Flamengo 🇧🇷
VS
Bolívar 🇧🇴
Flamengo 1.25 Draw 5.50 Bolívar 9.00
+1.5 goals 1.55 Flamengo to score 1.18
Copa Libertadores Group Stage
Today 9:30 PM · São Paulo
Palmeiras 🇧🇷
VS
San Lorenzo 🇦🇷
Palmeiras 1.70 Draw 3.50 San Lorenzo 4.80
Both teams to score 2.10 +2.5 goals 2.35
Copa Libertadores Group Stage
Tomorrow 7:00 PM · Belo Horizonte
Atlético-MG 🇧🇷
VS
Caracas FC 🇻🇪
Atlético 1.45 Draw 4.10 Caracas 7.50
Atlético -1 handicap 2.05 +3.5 goals 2.80
Copa Libertadores Round of 16 — First Leg
Wed 9:30 PM · Rio de Janeiro
Fluminense 🇧🇷
VS
River Plate 🇦🇷
Fluminense 2.40 Draw 3.20 River Plate 2.85
Fluminense to Advance 2.10 Both teams to score 1.75
Copa Libertadores Group Stage
Thu 9:00 PM · Fortaleza
Fortaleza 🇧🇷
VS
LDU Quito 🇪🇨
Fortaleza 1.85 Draw 3.40 LDU 4.20
-0.5 goals Fortaleza 2.25 +1.5 goals 1.60
Copa Libertadores Round of 16 — First Leg
Fri 9:30 PM · Buenos Aires
Boca Juniors 🇦🇷
VS
Botafogo 🇧🇷
Boca 2.10 Draw 3.10 Botafogo 3.50
Botafogo to Advance 3.80 Both teams to score 1.80
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Brazil in the Libertadores: A Dominance That Keeps Growing

Brazilian dominance in the Libertadores over recent seasons is undeniable. While Argentine clubs have historically led the all-time title standings, Brazilian sides have closed that gap steadily since the 2000s — and especially over the last decade, when Brazil became the country with the most representatives in the competition's advanced stages.

Flamengo became a continental reference after back-to-back titles that reignited the passion of their fans for the Libertadores — a trophy the club had gone decades without. Palmeiras followed the same path with consistent work that delivered titles in consecutive years. Fluminense stunned the continent in 2023. Atlético-MG has been building an increasingly strong international project.

This is the ideal scenario for Brazilian bettors. You know the clubs, you follow the Brasileirão week in and week out, you track player form, you understand every manager's style of play. That knowledge has real value when betting at 196bet — and the platform offers exactly the right markets for you to put that edge to work.

At 196bet, bettors who follow Brazilian football closely will find odds that often reflect the international market's perspective — which doesn't always give Brazilian clubs the credit their domestic form deserves. That information gap can be a real edge for those who know how to use it.

Brazilian Clubs to Watch in Libertadores 2026

Back the national favorites with special odds at 196bet

🔴

Flamengo

Rio de Janeiro, RJ
Group Stage — Group A
3x
Lib. Titles
1.45
Champion odds
💚

Palmeiras

São Paulo, SP
Group Stage — Group C
3x
Lib. Titles
2.10
Winner odds
⚫

Atlético-MG

Belo Horizonte, MG
Group Stage — Group B
1x
Lib. Titles
3.50
Winner odds
🔵

Fluminense

Rio de Janeiro, RJ
Round of 16
1x
Lib. Titles
5.00
Winner odds

Group A — Current Standings

Pos. Team J W D D Pts
1º 🇧🇷 Flamengo 4310 10
2º Peñarol 🇺🇾 4211 7
3º Bolívar 🇧🇴 4112 4
4º Millonarios 🇨🇴 4013 1
Qualified Playoff Round

Group C — Current Standings

Pos. Team J W D D Pts
1º 🇧🇷 Palmeiras 4301 9
2º Independiente 🇦🇷 4211 7
3º San Lorenzo 🇦🇷 4121 5
4º Liverpool FC 🇺🇾 4013 1
Qualified Playoff Round

Live Betting on the Libertadores: Every Minute Matters at 196bet

Anyone who has bet live on a Libertadores match knows it's a completely different experience. South American football has an intensity all its own — games that look decided in the first half turn completely around in the second, goals come at the most unexpected moments, and matches are only settled on the final play. Those constant swings are precisely what creates real value opportunities in live betting.

At 196bet, Libertadores live odds are updated minute by minute. When a team concedes early, their odds to turn the game around go up — and that's exactly when sharp bettors step in. If you know Flamengo's never-say-die mentality or Palmeiras's strength under home pressure, that knowledge can be turned into value bets.

In the knockout rounds — Round of 16, quarterfinals and semifinals — there's an extra market worth exploring: the aggregate result across both legs. You can bet on who advances overall before the second leg kicks off, taking the first-leg scoreline into account. At 196bet, this market comes with detailed odds that factor in the accumulated score, home advantage and head-to-head history.

The cash out is also available on selected Libertadores matches — especially useful when your pre-match bet is winning but the score is tight in the final minutes. Cashing out with a guaranteed profit or reducing your exposure before a penalty shootout are strategies experienced bettors use regularly on the platform.

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Libertadores Betting Markets — 196bet

Market depth is one of 196bet's biggest advantages for Libertadores bettors. It's not just about picking a winner — there are dozens of different ways to bet on each match, and some of them offer real value for those who study the teams and the context of each tie.

Market Description Example Odd
Full Time Result (1X2)Win, draw or loss1.75
Both Teams to ScoreYes or no1.85
Total GoalsOver/Under 2.51.80
Asian HandicapGoal advantage1.90
Exact ScoreCorrect match score7.50
Anytime ScorerSpecific player to score2.40
Half Time ResultHalftime Score2.10
Qualified (2 matches)Who advances on aggregate1.65
Total CornersOver/Under 9.51.88
Red Card in MatchWill there be a red card2.60
First Half GoalTo score before half time1.55
Tournament WinnerWho lifts the trophy1.45–15.00

2026 Libertadores Stages

Completed
Preliminary Round
Lower-ranked teams compete for group stage spots — 8 straight knockout ties
In Progress
Group Stage
32 teams across 8 groups of 4. The top two in each group advance to the Round of 16; third-place sides enter a playoff for the Copa Sudamericana
Coming soon
Round of 16
16 teams in two-legged ties. High-quality matches with plenty of live betting opportunities at 196bet
Coming soon
Quarterfinals
8 teams remaining. Home legs for the favorites — a dynamic that completely shifts the pre-match odds
Coming soon
Semifinals
The 4 strongest clubs on the continent. Classic BRA vs ARG clashes are a regular fixture at this stage.
November 2026
Single Final — Buenos Aires
A single match on neutral ground decides the champion. The biggest club football event in South America of the year

Brazil's Libertadores History: The Numbers Speak for Themselves

Brazilian football has dominated the Libertadores for decades, and the stats back it up. Betting on Brazilian clubs in this competition isn't just about national pride — it's a strategy grounded in solid historical data that 196bet puts right at your fingertips.

🏆
3
Flamengo
1981, 2019, 2022
🏆
3
Palmeiras
1999, 2020, 2021
🏆
3
São Paulo
1992, 1993, 2005
🏆
1
Fluminense
2023
🏆
1
Atlético-MG
2013
196bet

Brazil vs. the Rest in the Libertadores (last 10 editions)

Titles won6 out of 10
Finals played8 out of 10
Semifinals with a Brazilian club10 of 10
Best group stage performance (average)#1 ranked

Historical data is approximate. Past results do not guarantee future performance. Bet responsibly at 196bet.

Welcome Bonus: 100% up to R$ 500.00 to Bet on the Libertadores

Sign up at 196bet, make your first deposit via Pix and double your balance instantly. Use the bonus to explore all Libertadores markets without risking your own bankroll from the start.

Why 196bet Is the Best Choice for Libertadores Betting

Features built for those who take South American football seriously

+40 Markets per Match

From straightforward 1X2 to specific goalscorer, corners, cards, handicaps and totals — we cover every angle of every Libertadores match with competitive odds.

Minute-by-Minute Live Betting

Odds updated in real time throughout every Libertadores match. When the score flips, the opportunities open up — and 196bet makes sure you're there to take them.

Cash Out on Selected Matches

Cash out before the final whistle. Perfect for tense moments — when your team is ahead on aggregate but has conceded in the second leg and the tie is back in the balance.

Tournament Winner Bets

Back the Libertadores champion from the group stage. Attractive odds for those who believe in a team's project early on — and they shift as the tournament progresses.

Mobile Optimized for Libertadores Nights

Watch the match on TV with 196bet open on your phone. Our platform loads fast even on 4G, and the buttons are large enough to confirm a bet between two goals.

Instant Pix Before and After the Match

Remembered to bet half an hour before kick-off? Deposit via Pix and your balance shows up in seconds. Won? The withdrawal lands in your account — Nubank, Itaú, Bradesco or any other — right away.

How to Bet on the Libertadores at 196bet: It's Simple

From registration to withdrawal in under 5 minutes

1
Create your account for free

Enter your full name, CPF, email and phone number. Confirm your email and you're ready to deposit. Registration takes under 2 minutes.

2
Deposit via Pix

Minimum R$ 20.00. Generate the QR Code, pay through your bank app — Nubank, Itaú, Bradesco, Banco do Brasil — and the balance appears in your account instantly.

3
Choose your match and market

Go to the Libertadores section, select the match, click the odds you want and they'll be added straight to your bet slip. Combining multiple bets on the same slip increases your potential return.

4
Confirm, cheer and get paid

Set your stake, check the potential return and confirm. Win? Your balance is credited automatically and you can request a Pix withdrawal — even in the early hours after the final.

Your Data Protected at 196bet

196bet processes all your personal data in accordance with General Data Protection Law (LGPD – Law No. 13.709/2018). Your registration details, betting history and financial information are protected with 256-bit SSL encryption and never shared with third parties without your explicit consent.

You can access, correct or request deletion of your data at any time through our support team. For full details on how your information is used, please refer to our complete privacy policy.

View Privacy Policy

Frequently Asked Questions about Libertadores Betting at 196bet

The most common questions answered straight to the point

Yes, 196bet covers the Copa Libertadores from start to finish — from the preliminary rounds to the grand final. That includes the full group stage, the playoff round into the Sul-Americana, the Round of 16 (with two-legged ties and an aggregate qualifier market), quarterfinals, semifinals and the neutral-venue final. We also keep long-term markets open throughout the competition, such as "Tournament Winner" and "Top Scorer." Brazilian clubs always have a prominent place on the platform, with odds and markets updated in real time.

In the Libertadores knockout rounds — Round of 16, quarterfinals and semifinals — ties are played over two legs. 196bet offers a dedicated market called "Qualifier", where you bet on which team advances based on the aggregate score. For example: if Flamengo lost the first leg 1–0 away from home but you believe they'll turn it around at home in the second leg, you can back Flamengo to qualify before that game kicks off. This market is also available in-play during the second leg, with odds reflecting the real-time score. If the aggregate is level after both legs, the tie is settled under Conmebol rules — a penalty shootout with no extra time.

Yes. 196bet offers live betting on all major Copa Libertadores matches. Odds update minute by minute throughout the game, reacting to goals, cards, corners and score changes. Markets available in-play include match result, next goal, total goals, live handicap, next corner and more. Markets may be temporarily suspended at critical moments for odds adjustment. The cash out feature is also available on selected pre-match bets, letting you settle your bet at any point during the game.

196bet accepts all major payment methods available in Brazil: Pix (instant, 24h, no extra fees), boleto bancário, credit and debit card (Visa, Mastercard), PicPay and Mercado Pago. For bank transfers via TED, we work with Nubank, Itaú, Bradesco, Banco do Brasil, Caixa and others. The minimum deposit is R$ 20.00 and the minimum withdrawal is R$ 50.00. Pix is the most recommended method — deposit just a few minutes before kick-off and you're ready to bet. Withdrawals via Pix are also processed in minutes, available 24 hours a day, 7 days a week, including Wednesday Libertadores nights.

The Next Libertadores Night Is Almost Here — Bet at 196bet

Whether it's the group stage or a breathtaking knockout tie, 196bet has the markets ready for you. Create your account now, claim the welcome bonus and make every Libertadores night even more exciting — with bets that reflect your knowledge of South American football.

  • Free registration in under 2 minutes
  • 100% deposit bonus up to R$ 500.00 on your first deposit
  • Minimum deposit R$ 20.00 via Pix
  • +40 markets per match, live betting available
  • Fast Pix withdrawals, 24/7 support in Portuguese

Responsible Gambling

Betting on the Libertadores is a way to feel even more invested in every match. But remember: set a budget before you start, never bet more than you can afford to lose, and avoid betting on impulse after your team loses. 196bet provides deposit limit and self-exclusion tools for all users.


Available to users aged 18 and over only. 196bet requires identity verification (KYC) to protect all users.

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