2023 FIBA World Cup odds: United States still heavy favorite to win

Basketball fans looking for their fix during the offseason can check out the 2023 FIBA Basketball World Cup. And bettors who want to throw down some cash on the tourney can get in on that action, too.

The 32-team competition started in the Philippines, Japan and Indonesia on Friday Aug 25. The United States was in Group C along with Jordan, Greece and New Zealand and has advanced to the second round.

Sixteen teams advanced to the second round which started on September 1, and eight teams will advance to the quarterfinals, with games taking place Sept. 5-6.

The semifinals are Sept. 8, with the championship and third-place games on Sept. 10 in Pasay, Philippines. The fifth- and seventh-place games will take place on Sept. 9.

Let's dive into the odds for this exciting tournament.

2023 FIBA Basketball World Cup Odds*

United States: -145 (bet $10 to win $16.90 total)
Canada: +600 (bet $10 to win $70 total)
Germany: +800 (bet $10 to win $90 total)
Slovenia: +900 (bet $10 to win $100 total)
Serbia: +1500 (bet $10 to win $160 total)
Lithuania: +2000 (bet $10 to win $210 total)
Spain: +2800 (bet $10 to win $290 total)
Italy: +3500 (bet $10 to win $360 total)
Brazil: +4000 (bet $10 to win $410 total)
Latvia: +5000 (bet $10 to win $510 total)
Dominican Republic: +6500 (bet $10 to win $660 total)
Puerto Rico: +10000 (bet $10 to win $1010 total)

*odds as of 9/1/2023

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Team USA played its fifth and final exhibition game against Germany. See the highlights from its comeback win!

The United States men's national team is coached by Steve Kerr of the Golden State Warriors. Mark Few of the Gonzaga Bulldogs, Tyronn Lue of the LA Clippers and Erik Spoelstra of the Miami Heat are Kerr's assistants.

The U.S. roster boasts four NBA All-Stars — Anthony Edwards of the Minnesota Timberwolves, Tyrese Haliburton of the Indiana Pacers, Jaren Jackson Jr. of the Memphis Grizzlies and Brandon Ingram of the New Orleans Pelicans.

Who are you backing at the FIBA Basketball World Cup? Follow FOX Sports for the latest news in the NBA and other sports.