Olympic Baseball & Softball Betting Odds For Tokyo 2021

As we inch closer to the start of the games, many are looking to take action on the Olympic baseball and softball betting odds for Tokyo 2021 that are presented. 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 review, as we include a promotional code to help boost your bankroll.

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.

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. With those states legalizing, this only allows residents and visitors of those states to receive a portion of the total outlets available to US residents. Using an offshore betting site is not only both 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 site is located outside of the US and has a regulatory body overseeing their book. Our recommendations include Bovada, 5Dimes, SportsBetting, and BetOnline.

Current Betting Odds For Tokyo Olympic Baseball/Softball

As we move closer to the start of the tournament, we will ensure these Olympic betting odds are constantly updated with any changes that occur in the news. You can expect these odds to vary depending on where you looking, but using these differences can help you earn much more on wagers (or lose a lot less). Because the offshore operators are not following the same algorithms, you will be able to find betting odds ranging higher and lower as well as spreads off by a point or two from each other. Shopping lines is what the experienced gamblers call it, and this is a must when betting on international events such as Olympic baseball.

Bovada Odds For Baseball/Sofotball At The Tokyo 2021 Olympics

2021 Odds Coming Soon

SportsBetting Olympic Baseball/Softball Betting Odds For Tokyo 2021

2021 Odds Coming Soon

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.

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.

Field Hockey’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