Complete Olympic Betting Guide: How to Wager on Tokyo 2020 Games
The 2021 Tokyo Olympics begin July 23rd without spectators, offering numerous betting opportunities across multiple sports and events. Here's your comprehensive betting guide:
Medal Count Betting
- USA favored at -1200 for most golds and -1000 for most total medals
- China second favorite at +450 for total medals, +600 for golds
- USA over/under: 110.5 total medals, 43.5 golds (both -115)
- Japan's gold medal total adjusted to 27.5 after no-fan announcement
- Head-to-head nation betting available (e.g., Australia vs Great Britain gold medals)
Team Sports Odds
- Men's Basketball: USA -750
- Women's Basketball: USA -1200
- Women's Soccer: USA -125
- Women's Volleyball: USA +300
- Top 3 finish bets available for better value
Individual Events
- Tennis odds pending (multiple withdrawals including Serena Williams, Rafael Nadal)
- Track & Field highlights:
- US Men's 4x100m Relay: -250
- Sydney McLaughlin (Women's 400m hurdles): -335
- Swimming and multiple-event athlete odds coming soon
- Live betting and props available during events
Research Tip: Review 2016 Olympics results and recent World Championships for informed betting decisions.
Note: Odds may vary between sportsbooks - compare for best value. Multiple withdrawals may affect odds as events approach.

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