The 2024 Paris Olympics, running from July 26 to August 11, will feature nonstop competition across 32 sports and 329 events. While traditional bets on American sports like basketball and golf are available, the Olympics offer unique wagering opportunities, such as predicting the number of medals each country will win.
Medal Predictions
The United States is the favorite to win the most gold and total medals, continuing its dominance from the past seven Olympics. China, which secured 38 gold medals in Tokyo, is projected to finish second, while Great Britain is expected to rank third this summer.
Olympic Gold Medal Odds
(All odds are subject to change)
- USA: Over/Under 41.5 (-115/-115)
- China: Over/Under 34.5 (-150/+115)
- France: Over/Under 23.5 (-105/-125)
- Great Britain: Over/Under 15.5 (-145/+100)
- Netherlands: Over/Under 14.5 (-120/-120)
- Australia: Over/Under 14.5 (-115/-115)
- Italy: Over/Under 11.5 (-120/+100)
- Germany: Over/Under 10.5 (+106/-140)
- Canada: Over/Under 6.5 (+110/-145)
- Belgium: Over/Under 3.5 (-135/-105)
- Ireland: Over/Under 2.5 (-105/-125)
Most Gold Medals Odds
- United States: -750
- China: +350
- France: +6500
- Great Britain: +8000
- Japan: +8000
- Netherlands: +20000
- Australia: +20000
- Germany: +20000
- Italy: +50000
- Hungary: +100000
Most Medals Odds
The U.S. is heavily favored to win the most total medals, with other countries considered long shots.
- United States: -2500
- China: +900
- Great Britain: +5000
- Japan: +5000
- France: +8000
- Australia: +20000
- Germany: +20000
- Italy: +20000
- Canada: +30000
- Netherlands: +35000
- Cuba: +50000
- New Zealand: +50000
- Brazil: +50000
- Hungary: +50000
- South Korea: +100000
Viewing the Olympics
The Olympics will be broadcast on NBC, offering at least nine hours of daytime coverage and a nightly primetime highlights show. Additionally, events will be streamed on NBC’s platform, Peacock. Select Olympic events can also be viewed at around 160 AMC movie theater locations, though on-site betting won’t be available.
Olympic Events to Bet On
American bettors can wager on most Olympic events, though some states may restrict bets on events involving athletes under 18. For individual events like track and field or skateboarding, you can bet on the winner (similar to a moneyline bet) and sometimes the margin of victory (essentially a spread). Team sports like basketball often allow total points bets.
You can also place futures bets on preliminary or group stage competitions. Some sportsbooks will feature promotions centered around notable American athletes, such as Sha’Carri Richardson and Simone Biles. Richardson and fellow sprinter Noah Lyles are favorites to win the 100 and 200 meters, two of the most-watched Olympic events.
Key Athletes to Watch
- Sha’Carri Richardson: A favorite in the 100 and 200 meters.
- Noah Lyles: Another favorite in the 100 and 200 meters.
- Simone Biles: Just the third American female gymnast to make three Olympic teams. She needs one medal to become the most decorated American Olympic gymnast ever and could become the oldest woman to win the all-around.
With top sportsbooks offering various betting odds and promotions, the 2024 Paris Olympics present numerous opportunities for bettors to engage with the games and potentially profit from their predictions.
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