The loser in each knockout game is eliminated until a gold medal winner is determined. Keep abreast of the latest news, including weather conditions, injuries, and other relevant updates such as how the athletics track is acting – fast or slow? This information can significantly impact the outcomes of events and your betting strategy. An over/under bet, also known as a totals bet, involves predicting whether the total number of points, goals, or medals in an event will be over or under a specified amount.

Olympic pro bets

Each site is available globally and has a litany of odds available for each event. Cycling events at the Summer Olympics feature both track sprints and road races, appealing to bettors with diverse betting opportunities. Bets range from predicting race winners to individual time trials and team pursuits.

Olympic betting: How to read Olympic betting lines and odds

I think that the USA will win but not with the degree of confidence implied by oddsmakers. Given the odds – and the potential for a significant payout relative to one’s wager size – it is worth investing a little in Canada and Serbia. We saw in the playoffs how Jokic was able to alter the outcome Olympic betting of games by himself. Canada, on the other hand, strikes me as very dangerous with its array of talented NBA players. Just behind Canada, Serbia and France are the third-most favored teams, both at +1000. Serbia will boast Nikola Jokic, who will perhaps be the best player on the court.

Top Olympic Betting Sites

• When people think of the Olympics, they think of a competition that, having been around for literally millennia, is steeped in ceremony and tradition.
• We saw in the playoffs how Jokic was able to alter the outcome of games by himself.
• Prop odds are available for what occurs on the playing surface as well as away from the competition.
• In short, legal Olympic betting can be done from anywhere using online sites with odds.
• We recommend players also learn about the deposit methods, bonuses, and overall availability of a platform when we teach users how to pick the best betting site for the 2024 Olympics.

Yes, as all the sites mentioned above are legal for Olympics betting and are available to use across the US. This approach minimizes risks and ensures you can continue betting responsibly over the long term. Among the lower-profile players, keep an eye on Josh Giddey, shooting guard for the Thunder. It’s hard to appreciate Giddey from watching the Thunder because the Thunder don’t really use him well. As evidenced when he led the Australian League (NBL) in assists, he is an excellent passer and decision-maker.

Olympic Basketball: Teams, Players and Odds

The odds you need be able to understand are largely based on where you’re betting from. For example, Americans need to learn moneyline odds, but not the other two types of betting odds. Decimal odds are common throughout the world except for in the US and Britain. Odds should not be the only deciding factor when choosing an Olympic betting site, but they should be heavily considered.

Most Popular

• Rhythmic gymnastics, characterized by routines with apparatus like hoops and ribbons, offers bets on artistic interpretation and technical execution.
• Oddsmakers will more often be way off with their lines in the beginning of a given season than in the end, which is when they’ll tighten their lines.
• Let’s have a look at what features and bonus offers you can when betting Olympics online with the sites in our list.
• Here is how we make sure that these Olympic betting websites give you all the tools you need.
• Some users enjoy creating interesting bets with the best Olympic tennis odds or the best soccer betting odds while some prefer track and field events.
• You need to know three main ways if you are trying to learn how to read Olympic betting odds.

DraftKings offers valuable odds, futures markets, and a wide variety of betting options, providing a comprehensive platform for Olympic betting. When a push occurs, the sportsbook has to refund all action on the wager, which is unprofitable for the service. Regardless of which team you bet on in the example directly above, the moneyline (-110) indicates a “cost” ratio of risk $110 to win $100.

Point Spread

• This information can significantly impact the outcomes of events and your betting strategy.
• If an Olympic bet is live at your sportsbook of choice, odds are you can add it to a parlay slip.
• One of the key features of top Olympic betting apps is high-quality live streaming.
• Online sportsbooks also accept Bitcoin, altcoins and other cryptocurrencies like Ethereum, Dash, Bitcoin Cash, Cardano, Stellar, Ripple and Litecoin.
• For example, in an Olympic basketball game between the USA and Spain, you would place a moneyline bet on which team you think will win the match outright.
• While the odds for soccer betting at the Olympics are great at Everygame, the sportsbook also covers at least another ten events at the Olympics that we could see.
• I recommend choosing the lesser-known sports that you are already somewhat familiar with.

You have to consider that oddsmakers do not have the resources to become experts in every sport. Also, oddsmakers require time to become experts even in the more well-known sports. The favorite to win (Canada) is always shown with a negative sign (-), which indicates how much money you have to wager in order to win $100.

Complete Guide to Olympic Sports

The head-to-head Sportsbook is determined by which nation wins more gold medals, with the winnings determined by the wagering odds on the betting line. As difficult as it may be, you will probably have to set your pride aside and look past the national flag. Do as much research and preparation as possible on the Olympic sports as well as the individual athletes participating in the Games prior to placing your first wager. You’ll enjoy the Olympic experience far more, and hopefully some pretty profitable payouts at betting sites online.

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You can easily search for the events that you are after, or you can simply navigate to the overall Olympics sports betting section, where you can find specific events. The markets available, for now, are limited to betting on gold medal winners, but this will change as we near the event. Live betting the Olympics adds another level of excitement to the Olympic Games wagering experience.

How To Bet On The Olympics: An Olympic Betting Guide

While those two players can score in droves, Canada also boasts several strong defenders, including Dillon Brooks. Brooks regularly guards All-Stars and does so with success, holding them with relatively impressive consistency to low field goal percentages and low point totals. The majority of Olympics betting sites will accept straight-up wagers as low as $0.50 to $1. The point spread typically yields standard “pick’em odds” for the favorite and underdog, as the oddsmakers have evened the playing field by assigning a handicap. Pick’em odds means it’s a coin flip, usually priced between -105 and -125.

• When both teams or clubs in a contest have more good offenses but questionable defenses, the total would be priced higher as the OVER will be a more popular wager.
• The event is scheduled to take place from July 26 to August 11, 2024, with the closing ceremony marking the grand finale of the global sporting extravaganza.
• As difficult as it may be, you will probably have to set your pride aside and look past the national flag.
• With such diverse events and outcomes, athletics remains a centerpiece for Olympic sports betting, combining excitement with strategic analysis for bettors.
• The underdog (Sweden) is almost always indicated by a positive sign (+), which is how much money you would win if you were to wager $100.
• Examples include betting on which country will top the medal table or who will win the gold medal in the men’s 100m sprint.
• The Canadian team would cover if it won or if it lost by six points or fewer.

An example of a special bet could be predicting how many gold medals Team USA will win overall or whether a specific athlete will carry the flag for their country during the closing ceremony. The markets we could choose from included the obvious options, like betting on which country would finish with the most medals. In addition, you’ll certainly find more markets and even better Olympic odds as the events draw closer. Norway is currently the country with the best betting odds to win the most gold medals at the Beijing 2022 Winter Olympics. Germany, Russia, Canada, and USA round out the top five nations expected to win the most gold medals at the 2022 Beijing Winter Olympics.

Cycling Track:

Bettors in all 50 US states can bet on the 2024 Paris Games with platforms that are available worldwide like Bovada and BetOnline. Those same Olympic online sportsbooks offer their odds to bettors from other countries as well, with the sites particularly popular in European countries like Spain, Germany, and France. In short, legal Olympic betting can be done from anywhere using online sites with odds.

Oddsmakers will more often be way off with their lines in the beginning of a given season than in the end, which is when they’ll tighten their lines. Lines will also typically be less tight for lesser-known teams within that sport. This is because there will typically be more value in sports that are less known.

Navigate to the Olympics section of the sportsbook and explore the various markets. The event is scheduled to take place from July 26 to August 11, 2024, with the closing ceremony marking the grand finale of the global sporting extravaganza. Featuring over 10,000 athletes from around the world competing in a wide array of sports, the Olympics offers numerous markets ranging from individual event winners to overall medal counts. Gymnastics at the Olympics includes both artistic and rhythmic disciplines, each offering unique betting opportunities.

Top 10 Best Olympic Betting Sites in 2024

Enjoy the thrill of betting on the world’s biggest sporting event and make the most of the exciting betting opportunities it offers. With Olympic prop bets, or proposition bets, you can wager on the performances of individual athletes, like the top goal scorer in hockey or how many individual events an athlete will win. Prop odds are available for what occurs on the playing surface as well as away from the competition. If you’re looking for a change of pace from betting on major sports leagues like the NFL, NBA, MLB or NHL, you may be left wondering – can I bet on the Olympics? Sports bettors such as yourself can find plenty of familiar online betting opportunities to select from among the Beijing Olympics wagering odds. From ice hockey and curling to bobsled and biathlon, Beijing’s 2022 Winter Olympics offer athletic events that are appealing to each and every sort of sports betting fanatic on planet Earth.

Best Olympics Betting Sites for 2024 – Top 10 Summer Olympic Online Sportsbooks & Apps

BetOnline is one of the pioneers of Internet sports betting, and they’ve been offering Olympics betting since the 1990s. Needless to say, they know what they’re doing, and they know how to bring American bettors the most popular odds and valuable lines possible. BetOnline also supports a host of payment options, making it easy to set up and account and start betting in just minutes. Bovada is the site with the best betting odds for the 2024 Paris Olympics. It is also very easy to navigate through Bovada’s sportsbook to find the exact bet you want. Players can easily bet from their phones, laptops, or tablets, and only have to learn one site layout.

Where can I bet on the Olympics?

We have provided the odds for a country to win the most gold medals below, as well as the over/under gold medal odds for some countries. Olympic betting odds are available for all events at the 2024 Summer Games in Paris, France, and will eventually be offered for the 2026 Winter Olympics in Italy. Like the athletes themselves, there are many betting sites with odds that are trying to show that they are Olympic-quality. With so many Olympic betting sites available, finding the best odds for each event is difficult. It is a resource put together by our team of experts that highlights the best odds and how you can bet on the Olympics in 2024.

The gold medalist in breaking will be the competitor who has earned the greatest point total. Fund your account via Visa, MasterCard credit and debit cards, American Express, PayPal, Neteller, Skrill, eChecks or PayPal. Online sportsbooks also accept Bitcoin, altcoins and other cryptocurrencies like Ethereum, Dash, Bitcoin Cash, Cardano, Stellar, Ripple and Litecoin.

Olympic soccer captivates global audiences with national teams competing for gold in a tournament format. Betting markets are similar to those found at the top soccer betting sites and include match outcomes, goal totals, and specific player performances. Young talents often shine alongside established stars, influencing betting dynamics based on team cohesion and tactical strategies.

The underdog (Sweden) is almost always indicated by a positive sign (+), which is how much money you would win if you were to wager $100. I recommend choosing the lesser-known sports that you are already somewhat familiar with. Betting value is something you discover when you perceive that the odds should be different from what they are. For example, let’s say that the money line for Team A is, in reality, -150. If you think it should be -160, then you’re perceiving a bit of value in that team. The 2024 Paris Games schedule is set with soccer and rugby kicking off the action on Day 1 of the Olympics (July 24).

• “We’ll have to throw him in at the deep end now and see what we’ve got. It’s alright winning two nice races, but he’s got to step up a gear.
• With such diverse events and outcomes, athletics remains a centerpiece for Olympic sports betting, combining excitement with strategic analysis for bettors.
• Brooks regularly guards All-Stars and does so with success, holding them with relatively impressive consistency to low field goal percentages and low point totals.
• Here are all of the welcome offers you can find with the best Olympics gambling sites.
• In the Olympics, you might create a parlay by betting on the USA to win a basketball game, Kenya to win the marathon, and China to win a diving event.
• Examples include betting on which country will top the medal table or who will win the gold medal in the men’s 100m sprint.

“We’ll have to throw him in at the deep end now and see what we’ve got. It’s alright winning two nice races, but he’s got to step up a gear. “Gordon had a very good day at Down Royal yesterday and I think he’s a couple of winners on the board today. A massive thanks to him for giving me this chances, I can’t thank him enough. When we think about the sports that have more value, then we should look forward to the Olympics with immense joy.

Roughly stated, it’s like soccer, except players will try to get the ball into the opposing goal by throwing the ball with their hands. So, it’s like soccer except players use their hands instead of their feet. Yes, all of the sites mentioned above offer the chance to win real money from your bets. Research the performance history and current form of teams and athletes. Knowing their strengths and weaknesses can help you make more accurate predictions.

Continuing into Day 2, archery and handball will also see action before the torch is lit. Yes, all of the Olympics gambling sites on our list are safe and secure, as they use robust security measures to protect members’ accounts. Host nations often perform better, as seen with Great Britain at the 2012 London Olympics.

The United States, with its strong track record, remains the favorite, while China is close behind. Live betting, or in-play betting, allows you to place bets while an event is ongoing. For example, if you’re watching a live Olympic volleyball match, you can bet on the next team to score or the outcome of the current set.

Sloan Piva is a content producer for The Sporting News, primarily focused on betting, fantasy sports, and poker. A lifelong New Englander, Sloan earned his BA and MA in Journalism from the University of Massachusetts and now lives in coastal Rhode Island with his wife and two kids. For instance, if Team USA basketball is favored to beat Team Canada by 6.5 points, USA would be -6.5 and Canada would be +6.5. The U.S. team would need to win by seven or more to “cover the spread” and cash out wins for its bettors. The Canadian team would cover if it won or if it lost by six points or fewer. When you bet the moneyline favorite with minus odds, the number listed represents the amount of money you will need to put at stake to have a chance to win $100.

The track events, including sprint races and team pursuits, emphasize speed and strategy on the velodrome. Swimming at the Summer Olympics features a diverse array of events, from sprints like the 50m freestyle to endurance races such as the 1500m freestyle. Bettors can wager on race winners, record-breaking performances, and even specific swimmer matchups. Nations like the USA, Australia, and China often dominate the pool, influencing betting odds based on their historical performances and current form. In fact, the best online sportsbooks not only cover a number of Olympic events but also provide security, choice and the best bonuses for gambling on the Olympics.

Let’s have a look at what features and bonus offers you can when betting Olympics online with the sites in our list. David has over 25 years of experience as both a writer and editor within the betting/newspaper industries, working with major publications such as The Guardian, Racing Post and Sky Sports Racing. With a diploma in sub-editing and law, and the author of four books, David now shares his knowledge with SportsCasting as a successful sports editor, writer and tipster. For example, let’s say that the over/under for a given game is 205 points. If you play the “over,” you are betting that both teams will score a combined total that exceeds 205 points.

Since the USA has been between -500 and -650 all summer, you might want to bet on which team will win the silver medal so you can get better value. Point spreads revolutionized betting in many ways, allowing sportsbooks to better price favorites and underdogs and letting bettors get action in on even the more lopsided games and matches. Unlike the moneyline, point-spread betting assigns a number that the favorite must win by. That number is typically the same amount for the underdog, which cannot lose by more than that amount. The online betting sites that combine excellent Olympic odds and fulfill the other notable factors that we outlined above are Bovada, BetOnline, and SportsBetting.

Much like futures betting, betting on the total medal count can be a fun method of betting on the Olympics. You can either bet on which country will finish with the most medals, or you can bet the OVER or UNDER on a specific country winning a set amount of medals. When games feel too close to bet on the spread or moneyline, betting the over/under offers bettors a chance to still get in on the action without having to pick a winner. Below, you will find the odds for which country might win the most gold medals.

Spread betting involves wagering on the margin of victory and is one of the best options at the best Olympics sports betting sites. In an Olympic soccer match between Brazil and Germany, you might bet on Brazil to win by more than a certain number of goals, or Germany to lose by less than a specific margin. This bet type evens the playing field, making matches between unequally matched teams more interesting. Olympic tennis features top-ranked players representing their countries in a quest for gold.