How to Bet on The Olympics
The Olympic Games is the pinnacle for many athletes. Four years of grueling preparation. Four years of sacrifice. Four years of anticipation. The Ancient Greeks held the first games in 776 B.C. and ever since the inception of its modern version in 1896, every four years the world has united for a celebration of sport. As well as delivering unforgettable moments of magic, it also offers many opportunities to bet on the Olympics.
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For many sports fans, the track and field program embodies the Olympics more than any other sport.
Some of the most famous memories in Olympic history have been created in the athletics arena and many of the most noted names in the history of sport achieved their greatness here.
Victory in one of the blue riband events such as the 100m, 1,500m or marathon bestows instant immortality on the man or woman responsible.
The competition for medals in athletics is always incredibly intense – and that makes betting on the track and field events an exciting and challenging activity.
Boxing is one of the most traditional sports at the Olympics, having featured at almost every summer Games since 1904.
Only amateur boxers are allowed to fight at the Games, and huge names such as Muhammad Ali and Anthony Joshua won gold at the Olympics before turning pro.
Traditional powerhouses of Olympic boxing include the US, Russia and Cuba, but no fewer than 79 different nations have won medals.
With its widespread appeal and long history, boxing is an Olympic sport that attracts significant levels of betting action during the Games.
Swimming has been included in the program at every Games since the first summer Olympics in 1896, with women competing since 1912.
Some of the most famous names in Olympic history – such as Michael Phelps, Mark Spitz and Krisztina Egerszegi – sealed their stellar reputations with their exploits in the swimming pool.
There are more medals awarded in swimming than any other Olympic sport except athletics, making it one of the most watched programs during the Games.
That also ensures a healthy level of Olympics betting odds on the various events taking place in the pool.
Cycling has been a fixture at the Olympics since the Games began in 1896, but the program has expanded in recent decades.
There are now far more women’s events on the track and road, while mountain biking was first included in 1996 and BMX racing in 2008.
France and Italy have historically enjoyed plenty of success in cycling, while Great Britain has added considerably to its medal haul since the turn of the millennium.
The popularity of cycling as a sport, and the number of events staged, ensure that a large amount of Olympics betting takes place on the events during the Games.
The Olympics is by far the biggest stage that gymnastics enjoys. It has been part of the Games since they began in 1896 and the images of a perfect 10 inspire young people across the world to try the sport.
Amazing and unforgettable moments have been created by the artistry of famous names like Olga Korbut, Nadia Comaneci and Simone Biles.
The program has been expanded at recent Games to include rhythmic gymnastics and trampolining.
The large number of medals up for grabs ensures plenty of attention – and plenty of opportunities to get even more involved in the sport by wagering on the action.
Basketball has been part of the Olympics since 1936 but achieved new prominence in 1992 when professional players were allowed to take part.
The performances of the US “Dream Team” full of NBA stars – including Michael Jordan, Magic Johnson and Larry Bird, to name but a few – captured the imagination, and continued the USA’s traditional domination of the sport.
American men and women have won 24 of the 29 tournaments held. Although the USSR’s defeat of the US by a single point in 1972 remains one of the Games’ most memorable, and controversial, moments.
The global popularity of basketball ensures a high level of Olympics betting.
Soccer, or football, has been played at every Games with the exception of 1896 and 1932, with women’s soccer added in 1996.
Eligibility conditions have changed several times over the decades, with men’s squads now made up of under-23s apart from three over-age players.
This gives you an opportunity to spot future stars. Lionel Messi, Pep Guardiola and Samuel Eto’o are among the big names with an Olympic gold in their medal collection.
The massive universal popularity of soccer ensures there is always plenty of interest in the matches, and makes this one of the most active Olympics betting markets.
Numerous combat sports have featured at the Olympics since the summer Games were first staged in 1896.
As well as boxing, the program now includes judo, taekwondo, wresting, fencing and – a new addition to the event list for Tokyo – karate.
Medals in combat sports tend to be shared between a wide variety of nations, which ensures a healthy level of global interest in the events as they progress. It also ensures a considerable amount of Olympics betting on the various sports, where a little bit of research can take a bettor quite a long way.
For many decades, tennis was not part of the Olympic program. Since it returned in 1988, with no restrictions on the age or professional status of the players, it has become one of the most anticipated events at the Games.
Leading players like Rafael Nadal, Andy Murray, and Venus and Serena Williams now have a gold medal sitting proudly amid their collection.
Indeed, some stars now feel that an Olympic medal is as prestigious as victory in a Grand Slam. Given the widespread popularity of tennis as a betting event all year round, betting on the sport at the Olympics is extremely lively.
After a break of more than 100 years, golf returned to the Olympics in Rio in 2016. Many of the world’s leading players took part, with the men’s event won by Great Britain’s Justin Rose and the women’s by Inbee Park of South Korea.
The quality of the competitors, and the extent of the coverage, means the prestige of golf at future Olympic Games will be enhanced.
Golf is a sport people enjoy betting on all year round and betting on the result of a tournament with this profile will certainly increase as time goes by.
Equestrian events have been a staple of the Olympics for more than 100 years and attract entries from a wide range of nations – 50 in Rio in 2016.
Six medals are up for grabs in team and individual versions of show jumping, dressage and eventing and each provides fantastic visual entertainment for enthusiasts across the world.
Germany has historically been the most successful nation, but medals have been claimed by a host of other countries. They include Sweden, France, the US and Great Britain.
The cosmopolitan nature of the events ensures betting interest in many corners of the globe.
Field hockey has been on the Olympic program for more than a century and is one of the most wide-open events at the Games.
Ever since India’s perennial domination of the men’s event ended in 1980, both the men’s and women’s events have been won by several different nations.
That adds considerable interest to one of the most popular team sports to feature on the Olympic roster. Accordingly, Olympics betting sites will see plenty of action when it comes to the hockey events at the Games.
To Win Gold
This is the simplest way to bet on the Olympics. Which athlete or team do we think will end up on top of the podium? Check out the Olympics betting odds for your chosen event, make your selection and place your wager accordingly.
To Win a Medal
Many Olympics betting sites give us the opportunity to bet on a chosen athlete or team to win a gold, silver or bronze medal. In this market, our selection does not have to finish first in their event, taking home a medal of any color will ensure a return.
Which Country Will Top the Medal Table?
One of the simplest ways of getting involved in Olympics sports betting. Which nation will finish the Games with the most gold medals? In recent decades this honor has been shared between the US and China – do your research across a host of sports to see which country will prevail.
Over/Under Medal Betting
Also known as total betting. How many gold medals do we think a particular nation will win? Many Olympics betting sites put up a number – if we believe the nation in question will win more than that number, we bet “over” and if we think they will collect fewer, we go “under”.
The Olympics is the second biggest sporting event on the planet after the FIFA World Cup. Given the enormous amount of attention the Games command, many sportsbooks see this as a great opportunity to attract new customers.
When you are choosing a sportsbook, look for a trusted operator with a good reputation and a wide range of markets on events across the Olympic program.
It’s also important to use a sportsbook with user-friendly platforms. Being able to navigate between markets, find the bet you want to make and place your wager quickly are all big plus points from a customer’s viewpoint.
Many sportsbooks will encourage you to bet on the Olympics with them and to become a loyal customer by offering special bonuses and promotions around the Games. These will include sign-up offers such as free bets or a particular amount of credit in your account.
7/26/2024 - 8/11/2024
Exactly 100 years since it last hosted the Games, the French capital will stage the Olympics for a third time.
With the 2020 games in Tokyo postponed to 2021 due to the COVID-19 pandemic, it means there's only a three-year gap to the next edition which may slighly increase the chances of reigning champions defending their titles.
Paris was announced as the host of the 2024 games in 2017, and the French are introducing breakdancing to the schedule for the first time.
Yes, we can. The vast number and variety of events at the Games means there are plenty of ways to bet on the Olympics. Whether it’s a sport we are familiar with, or a new and exciting discipline, we are able to make our selection and enjoy a wager.
Olympics betting odds are available at a host of leading sportsbooks around the world. Look for Olympics betting sites that offer a wide range of markets, and sportsbooks with a great customer experience. It should be easy to find the odds you want and to stake accordingly.
Yes, we can. Sportsbooks have invested massively in their websites and apps in recent years and the best ones make it easy to bet on the Olympics. As long as we use a licensed operator in a territory where betting is allowed, we should be able to bet using our phone.
The best Olympics betting sites will be keen to attract new customers before and during the Games. One of the ways they do this is to offer a welcome bonus to people who sign up with them. This is often in the form of a free bet when we place our first wager.
Yes they do. Sportsbooks want to encourage new customers to enjoy Olympics betting. One of the best ways is to offer a free bet to people who sign up. That means when we make our first deposit, the sportsbook will match – or even multiply – that amount in our account.