A victory in Portugal would almost certainly secure a place in the last 32 for the Trotters and Allardyce is eager to see how his team cope in the knock-out stages of the tournament.
"For us it is like 'Who Wants to be a Millionaire'," said the Bolton boss.
"We are nearly into the last 32 and into the £32,000 question if you like.
"If we get there, then we can have a go because it won't make any difference!"
"A win would certainly benefit us. The higher we finish in the group the better chance we have of getting a lesser side in the draw," said Allardyce.
"We have a good opportunity of getting into the last 32 and there is a possibility we could go beyond that.
"Any positive result away from home in the group stage is acceptable.
"I will be delighted with a point against Guimaraes, anything else is a major bonus."
Meanwhile, Kevin Davies has not travelled with the squad for their European match on Thursday due to a rib injury.