Olympic Betting Odds

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. That’s why we created this website. 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. With over 300 total disciplines of 32 sports available at online sportsbooks this summer, getting the best odds for the 2024 Olympic Games has never been more important.

Paris 2024 Logo

Best Olympic Betting Sites

Rank
Betting Site
Promotion
Rated
Visit
1
50% up to $250
5 Star Rating
2
50% up to $1,000
5 Star Rating
3
50% up to $1,000
5 Star Rating
4
50% up to $1,000
5 Star Rating
5
100% up to $300
5 Star Rating

Popular Olympic Betting Odds

The most popular betting odds for the 2024 Paris Olympics are the medal markets. Olympic betting sites allow users to bet on medals in a few different ways. You can bet on the country winning the most overall medals, the most gold medals, or on the over/under of a total number of gold medals for a specific country. 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.

Odds For Most Gold Medals Paris 2024
Olympic Gold Medal Over/Under Odds
Gold Medal Odds By Country
Over
Under
Australia to win 13.5 Gold Medals
Brazil to win 7.5 Gold Medals
Canada to win 5.5 Gold Medals
China to win 33.5 Gold Medals
France to win 25.5 Gold Medals
Germany to win 9.5 Gold Medals
Great Britain to win 16.5 Gold Medals
Italy to win 11.5 Gold Medals
Spain to win 4.5 Gold Medals
United States to win 39.5 Gold Medals

How To Pick The Best Site To Bet On The 2024 Olympics

Odds should not be the only deciding factor when choosing an Olympic betting site, but they should be heavily considered. 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. The importance of those factors and how they should be weighed in conjunction with sportsbooks Olympic odds is outlined below.

  • Line Shopping Olympic Gambling Odds: The purpose of this site is to outline the importance of odds when deciding where to bet on the Olympics. That is why our experts suggest player line shop odds from multiple betting sites. Shopping betting lines is a great practice to employ for any event, including the Olympics. If you have a specific event you are looking to bet on this is specifically important because it ensures you get the odds that give you the best payout. An example of how important odds shopping is below. The bet was on the country to win the most gold medals at the 2024 Olympic Games. We pulled Olympic odds at Bovada, BetOnline, FanDuel, and DraftKings for five countries. No sportsbook had the best odds for more than two countries.
Sportsbook Bovada BetOnline FanDuel DraftKings
United States -900 -600 -550 -750
China +450 +350 +350 +350
France +6600 +6600 +16000 +6500
Japan +8000 +10000 +5500 +8000
Great Britain +8000 +10000 +4200 +8000
  • Available Betting Markets For The Olympic Games: There are over 300 events in the Olympics, and every betting site worth considering will have odds available for each one of them. That is not all that players should look for though. Online gambling sites should have multiple bets available for every event. Some of the many betting markets that should be available at a given site include player props, specials, and futures. Another popular bet with many Olympic sports betting sites is on a world record to be broken in a given event. Overall, players should only sign up at an online betting site if it has a wide variety of betting odds available for the games.
  • Fast Deposit Methods: Before actually betting on the Olympics, you must deposit. That’s why it’s important to find fast deposit methods that sportsbooks accept so that you can place your bets quickly. The fastest deposit methods that Olympic betting sites take include credit and debit cards like Mastercard, American Express, and Visa. Also, cryptocurrencies are becoming an increasingly popular option because sites like Bovada and BetOnline process those transactions instantly. The cryptos that are most commonly accepted include Bitcoin, Litecoin, Tether, and Ethereum.
  • Big Olympic Betting Bonuses: Another important factor to weigh when signing up at online sportsbooks with the best Olympic betting odds is the bonuses that they offer. All of the platforms on this page offer Olympic betting bonuses for new players, which are an excellent tool for bettors looking to increase their unit size or for building a bankroll. The drawback of sportsbook bonuses is often the rollover requirements that the sites enforce. But, with over 300 events to bet on, bettors have plenty of options to choose from before withdrawing their winnings. All else being equal, it is still best to choose bonuses with the lowest rollovers.
    • Pro Tip: Bovada offers three bonuses for the Olympics. They offer their standard 50% deposit match up to $250 for credit card deposits and a 75% deposit match with crypto up to $750. Both of those bonuses do not require a bonus code and have 5X rollover requirements. We also have an exclusive bonus code available to our readers, with all depositors able to claim up to $1,000 on a 50% Bovada-match. The code is BVD1000. This bonus has a 10X rollover.
  • Overall Site Availability: In order for a site’s Olympic betting odds to even be worth considering, it has to be readily available for users. That means a platform must accept users from many jurisdictions, inside and out of the US, and needs to be available on many devices. Bovada and SportsBetting are excellent examples of sportsbooks that are readily available. Both accept players throughout the US and other countries, and they allow players to get in on their action from any smartphone, laptop, or desktop through an internet browser.

Where To Bet On 2024 Paris Olympics

The online betting sites that combine excellent Olympic odds and fulfill the other notable factors that we outlined above are Bovada, BetOnline, and SportsBetting. Each site is available globally and has a litany of odds available for each event. Bovada grabs the gold as the safest and most reliable real money Olympic sportsbook on the market, but BetOnline and SportsBetting are great options that are deserving of bronze and silver medals. We review those sites below.

#1

Bovada Sportsbook
PROS:
  • Accepts Olympic Bettors From Around the World
  • Tons of Betting Odds
  • Deposit/Withdraw with Bitcoin
  • Massive $1,000 Olympic Bonus!
CONS:
  • No DE, MD, NJ, NY, NV, MI, or CO Players in the US
  • No credit or debit card payouts
Bovada.lv
Best Betting Odds For The 2024 Paris Olympics

Bovada is the site with the best betting odds for the 2024 Paris Olympics. No other platform offers more or better odds than Bovada. 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. Bovada does not have an app, and players are able to use the standard online setup when using their mobile browsers instead. This makes it easy for players searching for Olympic betting odds, as the standard layout is simple and user-friendly.

  • Bovada has multiple sets of betting odds available for all 300+ events in the 2024 Summer Olympics.
  • You can bet on the Olympics at Bovada from all over the world.
  • Bovada accepts credit cards, debit cards, many cryptocurrencies, and person to person payment apps like Venmo.
  • Bovada will match your first deposit to bet on the Olympics up to $1,000 on a 50% match with code BVD1000.

#2

BetOnline Sportsbook
PROS:
  • Best Crypto Site
  • Fastest Withdrawals
  • Generous Odds
  • Fun Props
CONS:
  • Not Accepted in Some States
  • Wire Transfer Require $500 Min.
BetOnline.ag
Live Betting During The Summer Olympics In Paris

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.

One of the best aspects of BetOnline (besides their 50% welcome bonus and 100% crypto sign up bonus) is their live betting portal. Accessible from your desktop, laptop, or mobile device, BetOnline’s live wagering options are second to none. While there aren’t too many live wagering opportunities in the Summer Games, there are plenty of team events that are conducive to in-game betting. Olympic sports like judo, weightlifting, and rowing will have plenty of live betting opportunities, and there’s no better book to enjoy this than BetOnline.

#3

SportsBetting.ag Sportsbook
PROS:
  • Accepting US Bettors
  • Crypto Deposits/Withdrawals
  • Hefty Bonuses
  • Great Props
CONS:
  • Some Withdrawal Fees
  • High Rollovers
SportsBetting.ag
More Deposits And Bonuses For Summer Olympics Action!

SportsBetting is one of the top betting sites accepting US customers, and it accepts members from 49 states (no NJ). One of the great things about SportsBetting (and there are many) is that the site accepts nearly every payment type you can think of, from checks and bank orders and credit transfers to Bitcoin, Litecoin, Ethereum, Western Union, MoneyGram, and more. No matter how you keep your money, SportsBetting makes it easy to deposit quickly and start betting on the Paris Olympics!

New members who sign up now can get SportsBetting’s exclusive 50% match bonus worth up to $1,000 to pad their Olympics bankroll. This gets bumped to 100% if using BTC, ETH, or any of the nearly 20 cryptos they accept. SportsBetting makes casual bettors play like bona fide high rollers... so no matter what other Olympic betting sites for Paris 2024 you join, SportsBetting should also be on your list.

Odds On The Most Popular Sports At The 2024 Olympic Games

We outlined some of the most popular 2024 Summer Olympic odds for medals above, but there are also many individual events that bettors are flocking to. These include men’s 5X5 basketball, women’s soccer, and the 100-meter dash for both men and women. Of course, these aren’t the only popular Olympic bets, so head to an online gambling site to see more.

Men’s 5X5 Olympic Basketball Gold Medal Odds

The United States may have underperformed in the exhibition stages for basketball but remain the favorites for Olympic basketball. Despite falling from -500 to -475, the US basketball odds are so far ahead of the rest that sportsbooks are offering bets on who will come in second to the US!

Women’s Olympic Soccer Gold Medal Odds

The American women are favored to win soccer as well, based on a drop in odds from Spain, the original favorites. Still, betting on the USWNT for soccer has always been a safe bet in the Olympics. This year, it's a chance to double your money.

Men’s Olympic 100M Gold Medal Odds

The 100m dash may not have Usain Bolt anymore but the Jamaicans are still expected to go first and third. But odds on Noah Lyles to win the 100m race shortened drastically after the US Olympic Trials. What was once +180 odds for Lyles are now +130 - very close to Kishane Thompson's.

Women’s Olympic 100M Gold Medal Odds

If you're betting on Sha'carri Richardson to get the gold medal at the 100m event, it's probably an easy win. Almost a 2-1 favorite, Richardson hit a 10.71 second time at US Olympic Trials - a world's best time.

Men’s Olympic 50m Freestyle Gold Medal Odds

Still 27, Caeleb Dressel finds himself in contention for gold in the 50m freestyle swimming event. But, his time away from swimming for the last year or two has him at a 3-1 underdog. Does this mean to bet on Caeleb Dressel to win or to back the Aussie favorite Cameron McEvoy? Dressel smashed the Olympic record during Tokyo 2020 but came in nearly a half-second slower during the Trials in June.

Best Olympic Betting Sites
1
  • Bovada.lv
2
  • BetOnline
3
  • SportsBetting
4
  • MYBookie
5
  • Xbet

How To Read And Understand Olympic Odds

You need to know three main ways if you are trying to learn how to read Olympic betting 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. Those types are decimal and fractional odds. Fractional odds are primarily used in Britain and in horse racing. Decimal odds are common throughout the world except for in the US and Britain. We explain the types of betting odds for the Paris Olympics below.

  • Moneyline odds are calculated based on $100. When the odds are minus, the odds indicate how much is needed to bet to win $100. For example, if you have -550 odds you would need to bet $550 to win $100. If the odds are plus, then that is how much you would win off of a $100 bet. For example, +200 means that you’d win $200 off of a $100 bet.
  • Fractional odds are very simple, but they are not super common at Olympic betting sites. If you come across them, you should still know how they work. The number in the numerator spot is how much you would win if you bet the number in the denominator spot. For example, you would win $5 per $1 bet if the odds are 5/1.
  • Decimal odds are different from moneyline and fractional odds because the end result shows you how much money you’d get back from a sportsbook after a win. That means your original bet is included in the payout. You multiply the odds by your original bet and get the payout. If you had 1.6 odds for an Olympic event, you’d multiply your bet by 1.6 to see what you’d get back. If you bet $100 with 1.6 odds you’d get paid out $160 by the betting site (100*1.6=160).

Paris 2024 Summer Olympics Events & Schedule

The 2024 Paris Games schedule is set with soccer and rugby kicking off the action on Day 1 of the Olympics (July 24). Continuing into Day 2, archery and handball will also see action before the torch is lit.

Note: No games will be played on July 26 – the date of the Opening Ceremony for Paris 2024.

Symbol Event Dates Disciplines Biggest Gold Medal Favorite
Archery July 25 – Aug 4 5 Events South Korea -500 (Men's)
Athletics Aug 1 – Aug 11 48 Events Armand Duplantis -10000 (Men's Pole Vault)
Aquatics July 27 - Aug 11 49 Events Summer McIntosh -10000 (Women's 400M Medley)
Badminton July 27 – Aug 5 5 Events Siwei/Yaqiong +100 (Mixed)
Basketball July 27 - Aug 11 4 Events USA -1600 (Women's 5X5)
Boxing July 27 – Aug 10 13 Events Bakhodir Jalolov -400 (Men's 92+ KG)
Breaking Aug 9 – Aug 10 2 Events Philip Kim -130 (Men's)
Canoeing*** July 27 - Aug 10 16 Events Lisa Carrington/Alicia Hoskin -200 (Women's K-2 500m)
Cycling July 27 - Aug 11 22 Events Harrie Lavreysen -165 (Men's Sprint)
Equestrian July 27 - Aug 6 6 Events Jessica von Bredow-Werndl -500 (Dressage Individual Grand Prix)
Fencing July 27 - Aug 4 12 Events Alice Volpi +190 (Women's Foil)
Field Hockey July 27 - Aug 9 2 Events Netherlands -190 (Women's)
Football* July 24 - Aug 9 2 Events Spain +185 (Women's)
Golf Aug 1-4, Aug 7-10 2 Events Scottie Scheffler +350 (Men's)
Gymnastics**** July 27 - Aug 10 18 Events N/A
Handball** July 25 - Aug 11 2 Events France -135 (Women's)
Judo July 27 - Aug 3 15 Events Teddy Riner -825 (Men's 100+ KG)
Modern Pentathlon Aug 8 - Aug 11 2 Events Csaba Bohm +150 (Men's)
Rowing July 27 - Aug 3 14 Events Great Britain -450 (Women's Lightweight Double Sculls)
Rugby Sevens July 24 - July 30 2 Events New Zealand +100 (Women's)
Sailing July 28 - Aug 8 10 Events N/A
Shooting July 27 - Aug 5 15 Events N/A
Skateboarding July 27-28, Aug 6-7 4 Events Arisa Trew +170 (Women's Park)
Sport Climbing Aug 5 - Aug 10 4 Events Janja Garnbret -660 (Women's Combined)
Surfing July 27 - July 30 2 Events Gabriel Medina +200 (Men's)
Table Tennis July 27 - Aug 10 5 Events China -1100 (Men's Team)
Taekwondo Aug 7 - Aug 10 8 Events Ulugbek Rashitov -125 (Men's 65 KG)
Tennis July 27 - Aug 4 5 Events Iga Swiatek -200 (Women's)
Triathlon July 30-31, Aug 5 3 Events France +130 (Mixed Relay)
Weightlifting Aug 7 - Aug 11 10 Events N/A
Wrestling Aug 5 - Aug 11 18 Events Aaron Brooks -118 (Men's Freestyle 86 KGs)
Volleyball July 27 - Aug 11 4 Events Italy +300 (Women's)

*  Football (soccer) off days include July 29, Aug 1, Aug 4, Aug 7.
** Handball is off on Aug 5.
*** Canoeing takes a break during the Slalom events on Aug 2.
**** Gymnastics is off on Aug 6 and Aug 7 in between the Artistic and Rhythmic events.

Is It Legal To Bet On The Olympics?

It is legal to bet on Olympic betting odds online all over the world. 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. It is legal to use offshore Olympic betting sites in any country that is part of the World Trade Organization, as the sportsbooks are legit online businesses that are regulated by their local governments. In short, legal Olympic betting can be done from anywhere using online sites with odds.

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