Legal Olympic Betting For Tokyo 2021
American bettors have more options than they might realize for legal Olympic betting in the U.S. These options extend to both online and land-based Olympic sports betting, though there are certain boundaries to keep in mind with brick and mortar betting shops. Nevada recently started to allow gambling on the Olympics, as have other states, while some restrict legal Olympic betting odds entirely.
The majority of USA sports fans, however, are opting to use online sports betting sites to legally bet on the Olympics. There are fewer limitations, more Olympic betting odds and a bigger variety of legal deposit and withdrawal methods. Legal betting on the Olympics is as simple as finding an online sportsbook that is accepting USA players. Still, it is always beneficial to learn more about the laws that impact sports betting in the United States before placing a legal bet on the Summer Games.
Yes, Americans in every state can bet on the Olympics. While around 30 states have legalized, licensed, and/or regulated sports betting, not all have launched sportsbooks nor offer legal Olympic sports betting odds. States have different restrictions, meaning while it is OK to bet on the Olympics in Nevada or Pennsylvania, others states may prevent sportsbooks from allowing Tokyo Olympic odds to be published. Still, Americans in every state can bet on the Summer Games because of online sportsbooks. With plenty to choose from, Bovada and BetOnline are by far two best legal Olympic sportsbooks. As long as the book's terms and conditions allow players from your state (and most allow players from all 50 states), you are good to go.
Best USA Online Sportsbooks To Bet On The 2021 Summer Olympics
The best USA online sportsbooks to bet on the 2021 Summer Olympics are those that have a variety of betting options. Leading sites will have Olympic betting odds on Team USA, along with every other country going for gold in Tokyo 2021. There will also be huge Olympics sports betting bonuses to give you more opportunities to wager. Some of the best US-friendly sports betting sites for the 2021 Summer Olympics are Bovada and BetOnline.
- Accepts US Players
- Tons of Games
- Deposit/Withdraw with Bitcoin
- Massive Bonus!
- No DE, MD, NJ, NY, NV
- Higher Fees
Bovada Sportsbook is the leading site for USA sports bettors, especially when it comes to betting on the Summer Olympics. The only states not accepted at the site are NJ, MD, NV, and DE. Bovada has Tokyo 2021 betting odds for hockey, alpine skiing, biathlon, figure skating, skeleton, and more. There are also plenty of medal specials on the over/under for gold medals won by the USA, and odds on the country that will have the most gold overall.
To start betting on the 2020 Olympics at Bovada, just make a quick deposit using one of their instant deposit options. Most bettors are using bitcoin to bet on the 2021 Summer Olympics, with only a minimum $10 deposit required. You can fund your account with up to $5,000 and your cash is available within minutes. Unlike credit cards, there are no sportsbook fees when you bet on the Olympics with bitcoin. There is even an exclusive Bitcoin Welcome Bonus that will match your deposit by 50% up to $500 with code BVSBITCOIN50.
- Best Crypto Site
- Fastest Withdrawals
- Generous Odds
- Fun Props
- Not Accepted in Some States
- Wire Transfer Require $500 Min.
BetOnline is a top online sportsbook year round, but they up the ante when it comes time for the Olympics. BetOnline Olympic bettingis exciting and fun, with betting odds posted on every discipline featured in the program. You can bet on individual athletes in the men’s, women’s, and mixed events. You can also wager on how many gold medals a particular country might win. BetOnline has plenty of options for betting on the Summer Olympics, and the site accepts players from all over the USA.
BetOnline has some of the biggest sportsbook bonuses for betting on the Summer Olympics. You can claim their 50% Welcome Bonus, which will match your initial deposit by 50% up to $2,500 with code NEW2500. Your bonus funds will be applied instantly, and you can use the bonus for any type of Olympic wager within the sportsbook. BetOnline also has other unique offers, such as their $50 Mobile Betting Free Play. This allows you to bet on the 2021 Summer Olympics from your iPhone, Samsung Galaxy, iPad, or other another handheld device.
Best Olympic Betting Sites
Is It Legal To Bet On The Olympics In The USA?
Even though the sports betting laws seem complicated, it is legal to bet on the Olympics in the USA. In reality, there are only three federal sports betting laws. The Professional and Amateur Sports Protection Act of 1992 (PASPA) was a major sports betting ruling that was overturned in 2018. Still, PASPA holds the most control over states, as some districts don't have sports betting laws on their books to regulate an industry. Regardless, those looking to legally bet on the Olympics can do so at any online betting site, as these overseas operators have different laws and licensing guidelines to follow.
The Wire Act of 1961 is a federal law that makes the transmission of sports wagering information via wire communication illegal for gambling operators, which applies to the internet. This law was enacted during a time where the US government was enforcing multiple anti-racketeering laws, which are not nearly as applicable in our current day in age. This just prevents people in Florida from betting in New Jersey on the Olympics (or any cross-state betting).
Finally, the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is a banking law that prevents certain types of payments being processed for online gambling. Credit cards are the most heavily monitored payment system but this law only is directed toward operators and gambling businesses. Without any laws to break, legal Olympic betting is permitted in the United States whether living in a state with regulated sports betting or living in a state that does not.