Machine for preparing beverages from capsules, wherein the machine has a vertical axis (V-V) and comprises a dispensing assembly (1), the assembly in its turn comprising: means for containing a capsule (3), comprising a first element (4) and a second element (5) movable one respect to the other to define, in a closed position, a chamber for extracting the capsule, according to an axis (A-A) of said means; guiding means (2) for inserting the capsule (3) inside said assembly (1), and for retaining it in an intermediate position, different from the extraction position of the beverage; and ducts for feeding an infusion fluid into said capsule and dispensing a beverage from said capsule, characterized in that said axis (A-A) of the containing means (4, 5) of the capsule (3) is tilted with respect to the vertical axis (V-V) of the machine of an angle (α) lower than 45 degrees.