Olympics Betting Guide – Where to Bet on the Paris Olympics 2024 in Nigeria
This Olympics betting guide provides more information on betting tips, strategies, and insights into the available markets. Bettors will learn more about the Olympics, one of the most anticipated global sporting events, occurring every four years.
Who is the Summer Olympics 2024 Host
The 2024 Summer Olympics will be held in Paris, France. Paris will take the baton from Tokyo, Japan, which hosted the last Summer Olympics 2021.
The Paris Olympics 2024 dates are from July 26th, 2024, at the Jardins du Trocadero to August 11th, 2024, at the Stade de France.
There are 35 venues/stadiums that will host various events at the forthcoming Olympics. These Olympics 2024 locations are in Paris, the central host city, and 16 other cities around Metropolitan France.
How Many Countries Will Participate in the Olympics 2024?
The summer Olympics will host 206 countries, with 10,500 athletes competing for trophies in 329 events in 32 sports.
Nigeria is also scheduled to compete at the Olympics, with the African country coming to Paris with 76 athletes.
How Many Countries Will Participate in the Paralympics 2024?
184 countries will be represented at the Paralympics event in 2024. The Paralympics will be held between August 28th, 2024, and September 8th, 2024, with 440 athletes in 549 events in 23 sports.
It will be the first time Paris will be hosting the Paralympics and the second time France will host the Paralympic Games.
What are the Most Popular Events at the Olympics and Paralympics?
The Olympics and Paralympics feature various sports that people look forward to. However, some are considered more popular than others due to factors like Historical significance, cultural relevance, star athletes, and media coverage.
For instance, events with a long history in the Olympics may be more popular than others. Events like swimming and track and field events have been associated with the Modern Olympics era that began in 1896.
The most popular events at the Olympics include Gymnastics, Track events, Swimming, Table Tennis, Men’s Basketball, Men and Women’s Football, and Volleyball.
On the other hand, the Paralympic events offer a unique blend of inspiration and engagement. Their popularity can be hinged on factors like star athletes, entertainment and spectacle value, accessibility and simplicity, and many others.
Some of the popular events to look out for in the Paralympics include Goalball, Wheelchair Rugby, Boccia, Wheelchair Tennis, Powerlifting, and Wheelchair Basketball.
Where to Bet on the Olympics 2024
With millions of people worldwide looking forward to the Olympics in 2024, there are many sports events to look forward to. If you’re looking forward to Olympics betting, here are some of the best betting sites to consider.
- Parimatch – 100% Exclusive Welcome Bonus up to ₦150,000
- Paripesa – 100% up to ₦150,000
- Betwinner – 100% Bonus up to ₦100,000
- Betano – 50% Bonus Up To ₦200,000
- Bet9ja – ACCA Bonus Up To 170%
- Bet365 – 100% Bonus up to $30
- 22bet – 100% First Deposit Bonus up to ₦207,500
- 1xBet – 300% Bonus up to ₦145,600
- Betway – 100% Bonus up to ₦250,000
- BetKing – Get up To ₦1,000,000 in Free Bets
Parimatch – Best for Easy Registration
Parimatch is a Nigerian betting site that offers sports betting and casino gaming. The site provides diverse sports betting events for users to bet on.
Some of these sports events at the Olympics for people to bet on include Football, Basketball, Swimming, and Track and Field events. The site offers a decent welcome bonus of 100% exclusive welcome bonus of up to ₦150,000 for new bettors joining the platform.
PariPesa- Best for Live Betting
PariPesa is a betting platform for Nigerian bettors who want to wager on the Olympics event. The platform offers betting markets like match winners, exacta, trifecta, outrights, and point spread.
Track and field, football, swimming, basketball, and volleyball will be some of the sports events available for Olympics betting. Any bettor is invited to participate on the platform, and when they join PariPesa, they will be gifted a welcome offer of 100% on their first deposit up to ₦150,000.
BetWinner Best for Wide Selection of Sports
BetWinner is a user-intuitive mobile app for Nigerian bettors. The app has diverse betting options and sports events for bettors, including the Olympics.
People who want to bet on the next Olympics 2024 can begin by registering on BetWinner. They will get a welcome bonus of 200% on their first deposit.
Bettors can predict the country winning the most medals in the Paris Olympics 2024 and bet on any country’s position on the medal table. Other Olympics betting markets include the event with the most Gold medals, the top of the medal table, etc.
22Bet- Best User-Friendly Interface
22Bet is a Nigerian betting app that offers convenience and easy navigation. Bettors interested in Olympics betting can register on the platform. They’ll get a welcome bonus of 100% bonus up to ₦207,500 on the first deposit.
Presently, 22Bet has some Olympic betting markets in which bettors can participate. They are events with the most Gold medals, total medals, total Gold medals, top the medal table, and place in the medal table.
Betano- Best for Cash Out Betting
Betano is a betting company that offers bettors the chance to participate in multiple events, including the Olympics. New players will get a welcome package of a +50% bonus up to ₦200,000 on their first deposit.
Bettors can place bets on the country that will win the most Gold medals. Each country has odds determining its likelihood of winning the most Gold medals.
Another notable betting market on Betano is surfing. Bettors can predict which surfer will win the most Gold medals in surfing.
1xBet- Best Welcome Bonus
1xBet is a betting platform that offers ease and convenience for sports betting. New bettors get a welcome bonus of 300% First Deposit Bonus up to ₦145,600.
This platform has sports markets for the Olympics event. Therefore, bettors can participate in different sports events at the Olympics.
These sports events include basketball, football, badminton, track and field, and swimming. 1xBet offers Olympic bettors many markets that may have decent prospects. These markets include the most gold medals, places on the medal table, the top of the medal table, and events with the most gold medals.
Bet9ja- Best Olympics Sports Events
Bet9ja is one of the best betting sites in Nigeria, and it caters to the needs of Nigerian bettors. While you may not find any welcome bonus, the platform offers diverse promotions. Bettors can take advantage of the Olympics market on Bet9ja to place their bets on different outcomes or events.
Bet9ja features some sports for the Olympics, including basketball, soccer, tennis, volleyball, handball, surfing, and handball. You’ll also find the ‘Outrights’ section where bettors can predict outcomes, such as the nation with the most medals and the nation with the most gold medals.
bet365- Best Odds
bet365 is a football betting platform known for its simplicity. The platform is easily navigable, and each section is adequately organized. When new customers join the platform, they can get up to 30 USD in Bet credits.
Over time, bet365 has provided several Olympic betting markets for bettors, with the 2024 Summer Olympics not being an exception. Bettors can participate by signing up for free on the platform. Then, they can select their preferred sports events and wager on their outcomes.
Betway- Best for Mobile Betting
Betway is one of the best betting apps in Nigeria. It offers bettors a wide range of sports betting options and offers bettors a chance to participate in the Summer Olympics 2024.
Bettors can wager on different sports events, such as football, basketball, cricket, badminton, swimming, track and field, etc. Betway has a seamless registration process, enabling new users to become members of the platform.
BetKing- Best Promotional Offers
BetKing is a user-friendly platform that offers sports betting. The platform boasts thousands of sports events and tournaments for users to wager on. When they complete their registration, new users are gifted a welcome package of over ₦1,000,000 in Free Bets.
Bettors can take advantage of this platform’s Olympics betting markets by signing up. BetKing features different Olympic sports markets, such as the Nation with the most Gold medals, the Nation with the most medals, the Number of Gold medals per country, etc.
Olympics 2024 Basketball Winner Predictions
Eight(8) countries out of 12 have qualified for the men’s basketball tournament. The remaining four spots will be decided during the qualifying tournaments in July. So far, the qualified countries are the USA, Canada, Serbia, France, Germany, Australia, South Sudan, and Japan.
Team USA are favourites to win the men’s gold medal in the upcoming Olympics. Having won the gold medal in the Tokyo 2020 Olympics, Team USA will be looking to record their fourth straight Gold medal and seventh overall in the last eight Olympic Games. Team Canada, Serbia, and France are also teams to look forward to.
Olympics 2024 Football Winner Predictions
The Olympic Women’s football tournament is one to look forward to. One reason is that the senior women’s team participates, which differs from the men’s football tournament, which features U-23 men.
Twelve teams will be entering the 2024 Summer Olympics tournament. Brazil, Spain, the USA, and previous winners Canada are among the favourites. The 2024 Olympics football team, like Nigeria, will be looking to cause an upset because of their recent performance, like finishing in the last 16 at the 2023 World Cup.
Predicting the winner in men’s football is challenging because of the mix of young U-23 talents and the competition’s unpredictable nature. Presently, France, followed by Argentina, are the top favourites in the Olympics men’s football.
France has a formidable team featuring players like Michael Olise, Alexandre Lacazette, and Philippe Mateta. The Argentine team follows closely with players like Nicolas Otamendi and Julian Alvarez, who will be strengthening the squad.
Olympics 2024 100m Winner Predictions
The men’s and women’s 100m race is always an epic event, with punters already opining that the Paris 2024 Olympics won’t be an exception.
In the men’s 100m, Noah Lyles, Letsile Tebogo, and Christian Coleman are the favourites to look out for. Noah Lyles’s eyes are on his first Olympic Gold. He will compete alongside other sprinters, like Africa’s fastest man, Fred Kerley.
In comparison, the women’s 100m seems more challenging to predict because any of the top three female sprinters can win the Gold medal.
They are Shericka Jackson, Shelly-Ann Fraser-Pryce, and Sha’Carri Richardson. Among the three women, Fraser-Pryce will be participating in her last Olympics, so she might be looking to bow out with a gold medal.
Olympics 2024 Tennis Winner Predictions
Another event to anticipate is the tennis tournament at the 2024 Paris Olympics. There seems to be a lot at stake for some of the biggest contenders.
For instance, Novak Djokovic will be looking to win the gold medal in the men’s category. This medal is the only thing absent from his trophy cabinet. However, significant contenders like Carlos Alcaraz, Jannik Sinner, and Alexander Zverev will be looking to cause an upset.
The women’s category is no different, as the competition for the gold medal is really stiff. However, bookmakers have mentioned Iga Swiatek, the current number one, as the favourite to lead the way. Other notable women contenders are Aryna Sabalenka and Coco Gauff.
Olympics 2024 Betting Markets
The upcoming Olympics have diverse betting markets that appeal to different types of bettors. Here are some of these betting markets, along with tips on how to take advantage of them.
Outright Market
The outright market involves betting on the grand outcome of an event or tournament. For instance, bettors can tip a team or an athlete to win a gold medal in a tournament.
Bettors can take advantage of the outright market by conducting research on the teams or athletes’ current form. They should also consider their historical performance and future potential.
Match Winner
Match winner entails betting on the champion of a specific match, such as a basketball or football game. Before participating in this market, evaluate the form and fitness of the competitors.
Also, check the statistics on head-to-head matches to give a near-accurate prediction. Bettors can also leverage live Olympics betting to place bets as the game unfolds.
Over/Under
This betting market involves wagering if the outcomes, like the total goal or points in a match, are under or over the number the bookmaker sets. Bettors can leverage the over/under market by studying trends in recent games. They can also analyze match dynamics, and in-game adjustments might go a long way.
Accumulator
An accumulator, also known as a parlay, is a single bet connecting multiple individual bets. Every bet must win for the accumulator to pay out. With an accumulator, bettors are advised to merge bets from different events or sports to spread risk. Additionally, smaller stakes can be placed on accumulators for more considerable prospects.
Handicap
In handicap betting, users give one competitor an advantage or disadvantage to balance the scales. Sometimes, it can make a one-sided event more engaging. To participate in the handicap betting market, check past events or games to understand losing or winning margins.
Props
Proposition bets or props involve betting on events within a match or game which might not affect the final outcome. For instance, bettors can decide to wager if a record will be broken during the Olympic men’s basketball game.
Live Betting at Olympics 2024
Live betting, also called in-play betting, enables you to bet on Olympic events as they unfold in real time. This type of betting allows players to leverage the dynamic nature of sports events.
At the Paris 2024 Olympics, some unique live betting markets are next goalscorer, athlete performance bets, time-specific bets, and many others. Some sportsbooks offering live streaming for Nigerian bettors are Bet9ja, Betano, 1xBet, and bet365.
Olympics 2024 Betting Tips
You might find these tips helpful if you’re set to bet on any events or games in the Paris 2024 Olympics.
Doing Research
Research is crucial when making informed betting decisions. Therefore, research on the head-to-head statistics for match-based sports, the recent performance of teams and athletes, and expert analysis.
Betting on Other Markets Apart from Match Winners
Betting on match winners is a regular feature. However, it is often risky.
Consider betting on other markets that offer lower risk and equal or more value. Some alternatives to match winners are handicap betting, accumulator betting, props, over/under betting, etc.
Set a Budget
Having a budget helps with responsible betting. A budget allows you to control your betting, ensuring it doesn’t negatively impact your finances. Stick to a budget once it has been set. Don’t chase losses, and avoid betting more than your financial capacity.
Watch out for Injuries
Injuries can impact the outcome of events, mainly if your bet outcome relies on those events. Therefore, injuries can be monitored by checking the latest news for injury updates. Also, follow official sources for team statements and injury updates.
FAQs- Olympics 2024 Betting Guide
Having read this Olympics betting post, here are some commonly asked questions that bettors may ask about this event.
How many Olympic golds does Nigeria have?
Since Nigeria’s first participation in the Olympic games in 1952, the African nation has had three(3) Gold medals. Nigerian athletes have won a total of 27 medals at the Olympics since they first joined.
Is there betting on the Olympics?
Yes, there is Olympics betting. Many regulated and licensed sportsbooks offer diverse bet types on various events. Therefore, if you want to participate in Olympic betting, be sure that the laws and regulations in your jurisdiction permit it.
Does Nigeria compete in the Olympics?
Yes, Nigeria can participate in the Olympics. Since their first appearance in 1952, Nigeria has sent athletes to compete in every Olympics except for the 1976 competition.
Can I bet on the Olympics?
Yes, you can bet on the Olympics. Look out for sportsbooks that offer different bet types. Evaluate their wagers on sports and specific events. Also, confirm if sports Olympics betting is allowed in your jurisdiction.
What is the best betting site in Nigeria to bet on the Olympics?
Many betting sites in Nigeria offer users the chance to bet on Olympic events. Some have generous welcome packages for newcomers, and their Olympics 2024 odds are quite competitive. They are 1xBet, Bet9ja, Betano and bet365.
Can you bet on the Paralympics?
Yes, you can bet on any Paralympic event. Many Nigerian sportsbooks offer diverse betting markets for the Paralympics, enabling you to bet on various outcomes and events. Bettors can place bets on match winners, outright winners, handicap betting, and props.
