Complete Olympic Betting Guide: How to Wager on Tokyo 2020 Games

By Michael Davidson

December 5, 2024 at 01:37 PM

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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