Olympic Baseball & Softball Betting Odds For Tokyo 2021

Many are looking to take action on the Olympic baseball and softball betting odds for Tokyo 2021. Whether you know how to bet or not and whether you know where to bet or not doesn’t matter, as we will cover everything you need to know about betting on baseball at the Olympics. Included are the current odds as well as a few strategies for how to make a little more money while playing the odds.

Our goal is to ensure you are fully ready to use a sportsbook as well as are comfortable knowing enough about the laws in place. At the end of the guide, we will lay out the schedule for the baseball and softball games, so you know exactly when the premier events will be played. Also, be sure to take advantage of our sportsbook reviews, which detail even more information about how to bet on Olympic softball and baseball.

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Offers Different Baseball Betting Lines

Betting on baseball in general is one of the best bets to make, now that bettors have the opportunity to bet on Baseball at the Olympics should have them running to Bovada to place their bets. Being that Bovada already offers endless amounts of Baseball odds on the MLB and KBO, they will expand their market into the Olympics and offer all of the same odds that they have been all season long. They will not only offer single-game lines and futures odds, but also alternate lines, player pros and game props as well. One of the great promotions that they offer to new users that are using either a credit or debit card to deposit is a 50% match bonus of up to $250. Like the MLB and KBO odds that they offer, they also offer live betting odds for those bettors that get a rise in betting on baseball games as they are going on in which they can bet on shorter or longer odds than when the lines opened.

Best Olympic Betting Sites

Rank
Betting Site
Promotion
Gaming Types
Rated
Visit
1
50% up to $250
Sports - Entertainment - Politics - Horse Racing
5 Star Rating
2
50% up to $1,000
Great Odds and Props
5 Star Rating
3
50% up to $1,000
Live Betting - Huge Bonues
5 Star Rating
4
50% up to $1,000
Racebook - All Sports - Live Betting
5 Star Rating
5
100% up to $300
Casino Slots
5 Star Rating

Can I Legally Bet On Baseball And Softball During The 2021 Tokyo Olympics?

Don’t think that living in a state yet to approve sports betting laws excludes you from joining in on the fun. Using an Olympic betting site is not only legal and safe but provides a wonderful change up from the local books. These sites are known for their wild bonuses and promotions as well as reliable payout options. Just make sure that the Olympic baseball betting site is located outside of the US and has a regulatory body overseeing their book. Our recommendations for Olympic softball betting include Bovada, SportsBetting, and BetOnline.

Current Betting Odds For Tokyo Olympic Baseball/Softball

When betting on international events such as Olympic baseball, finding the best odds are crucial. For the baseball gold medal game, USA and Japan will face off but the current betting odds are different across many sites. The consensus Olympic baseball odds are set and though the USA opened the Olympics as the favorite, they find themselves as underdogs.

Tokyo 2021 - Men's Baseball Odds

 

Who Is The Favorite To Win The Gold Medal For Olympic Baseball?

This will be the sixth time that baseball is played at the Olympics, being recognized as an official sport with medals and victory ceremonies. It was last played at the 2008 Beijing Olympics, where South Korea, Cuba, and the US medaled; however, this is no reference as to who will be the favorite moving forward. Cuba has medaled in every Olympic baseball event, having won the gold three times and the silver twice.

The host country, Japan, is guaranteed a chance to compete, giving them decent odds to win the gold medal as well. Japan has won one silver and 2 bronzes while losing the bronze medal game twice. The United States is the other favorite to win the gold. A victory on the US’s sole gold medal game appearance gives the country three total medals, having won two bronzes. These teams are likely to be the favorites to hear their national anthem played.

How Can I Bet On Baseball And Softball During The 2021 Tokyo Olympics?

Betting on baseball and softball is easy when you know what you are looking for. Before the tournaments begin, it is advised to select a team that you believe will win the gold medal in the futures section. This will be your best opportunity to see lower odds for a favorited team, who will see their odds increase with each victory.

Before games begin, review the run lines and the prop bets. The run lines give a spread of points that must be won by in order for the bet to be successful or not. You can also select the moneyline, which is an indication of who will win, without any points to worry about. Prop bets will provide betting options to situations not directly involving the game. Certain props include an over/under on the number of strikeouts a pitcher will have, correctly guessing a range for the total number of hits, or even whether a player or coach will be ejected from the game. These options and more can be found on the licensed offshore betting sites. Just remember that each site is different and it is advised to shop lines before submitting action.

Olympic Softball Gold Medal Game Betting

The United States and Japan are the only two teams with gold medal hopes remaining, and the United States may be favored in an eventual showdown - but it’s no foregone conclusion. On Tuesday morning, the two teams will meet for the first time since 2008, a matchup that was won by an underdog Japanese team headlined by Yukiko Ueno. Ueno remains on the Japanese team, as Monica Abbott and Cat Osterman do on the side of the US. Ueno’s dominant performance to take the gold medal in 2008 looms large in the minds of those watching, and one wonders if she still has enough magic left to take the mound one last time. The 39 year old Ueno was rested in the group stage matchup against the United States, a matchup that the US won 2-1. We’ll see who comes out on top this time.

Tokyo 2021 - Womens Softball

 

What Are The Rules Of The Game?

Round robins will take place during the opening round which turns into a double-elimination bracket. During the group rounds, there will be six teams separated into two pools. A total of 6 games are played in the opening rounds, as each team plays the other two teams in their pool. Next comes the knockout round, which features a battle between the first place, second place, and third place of both brackets. Moving forward, games continue until a team has been lost twice, being eliminated after playing another team with a loss. The knockout round will consist of 10 total games.

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Baseballs’s Favorite Sportsbook!

Offering hundreds of betting lines on every Olympic sport, SportsBetting is one of the best operators in the industry. Their focus is on customer satisfaction, offering 24/7 service by live chat, phone, and email. Be sure to check out their useful links sections of their sportsbook, which offers news, player updates, and betting trends for bettors for free. These statistics provide excellent insight for you to get a jump on the numbers and know exactly what you should be betting.

For betting on the Olympic softball and baseball events, SportsBetting will give you the betting choices of futures, straight, parlay, round robin, if, reverse and more. New members are welcomed with a 50% match on their first deposit when they use the code SB1000. This allows you to increase your bankroll up to $1,000 in free play, which must be used in 30 days. Check out all of their promotions first, as they also offer a cryptocurrency bonus and other specials to keep you happy.

Quick Facts On Olympic Baseball + Softball – Tokyo 2021

  • Baseball became an official Olympic sport in 1992, despite being played multiple times since the 1904 Saint Louis Games.
  • Cuba has medaled in all five Olympics, having won three gold medals and the silver twice.
  • Japan is the only other country to have appeared in every gold or bronze medal game.
  • The host nation is always given a position in the Olympic baseball tournament.
  • The US has won the softball gold medal in every Olympics except the 2008 Beijing Games, where they won the Silver.
  • Australia has won at least the bronze medal in every Olympic softball tournament.

Baseball/Softball Events Schedule – 2021 Tokyo Summer Olympics

Wed 21 July

Fukushima Azuma Baseball Stadium

  • Softball Opening Round, Australia vs Japan
  • Softball Opening Round, Italy vs United States
  • Softball Opening Round, Mexico vs Canada

Thu 22 July

Fukushima Azuma Baseball Stadium

  • Softball Opening Round, United States vs Canada
  • Softball Opening Round, Mexico vs Japan
  • Softball Opening Round, Italy vs Australia

Sat 24 July

Yokohama Baseball Stadium

  • Softball Opening Round, Australia vs Canada
  • Softball Opening Round, United States vs Mexico
  • Softball Opening Round, Japan vs Italy

Sun 25 July

Yokohama Baseball Stadium

  • Softball Opening Round, Australia vs United States
  • Softball Opening Round, Canada vs Japan
  • Softball Opening Round, Italy vs Mexico

Mon 26 July

Yokohama Baseball Stadium

  • Softball Opening Round, Japan vs United States
  • Softball Opening Round, Canada vs Italy
  • Softball Opening Round, Mexico vs Australia

Tue 27 July

Yokohama Baseball Stadium

  • Softball Bronze Medal Game
  • Softball Gold Medal Game
  • Softball Victory Ceremony

Wed 28 July 12:00 - 15:00

Fukushima Azuma Baseball Stadium

  • Baseball Opening Round

Thu 29 July

Yokohama Baseball Stadium

  • Baseball Opening Round

Fri 30 July

Yokohama Baseball Stadium

  • Baseball Opening Round
  • Baseball Opening Round

Sat 31 July

Yokohama Baseball Stadium

  • Baseball Opening Round
  • Baseball Opening Round

Sun 1 Aug.

Yokohama Baseball Stadium

  • Baseball Knockout stage (#1)
  • Baseball Knockout stage (#2)

Mon 2 Aug.

Yokohama Baseball Stadium

  • Baseball Knockout stage (#3)
  • Baseball Knockout stage (#4)

Tue 3 Aug.

Yokohama Baseball Stadium

  • Baseball Knockout stage (#5)

Wed 4 Aug.

Yokohama Baseball Stadium

  • Baseball Knockout stage (#6)
  • Baseball Semifinal (#7)

Thu 5 Aug.

Yokohama Baseball Stadium

  • Baseball Semifinal (#8)

Sat 7 Aug.

Yokohama Baseball Stadium

  • Baseball Bronze Medal Game (#9)
  • Baseball Gold Medal Game (#10)
  • Baseball Victory Ceremony