Olympics Betting Guide – Where to Bet on the Paris Olympics 2024 in the USA
The top Olympics betting sites in the USA allow players to wager on the Paris 2024 games. In this guide, you’ll learn all the relevant details for a successful betting experience as the 2024 Olympics dates draw closer.
Who is the Summer Olympics 2024 Host?
The Summer Olympics 2024 will take place in Paris, France, from July 26 to August 11, 2024. This competition will be held at 35 different venues, with the Seine hosting the opening ceremony. Stade de France will host closing ceremonies.
A few other popular venues are Trocadéro, Hôtel de Ville, and Bercy Arena, each hosting a different sport. There will be 329 events in 32 sports, all expected to offer a memorable Olympic experience.
How Many Countries Will Participate in the Olympics 2024?
The Paris Olympics 2024 will be attended by 206 countries and around 10,500 athletes. It will feature 329 medal events, the second most in the game’s history.
The Olympics with the most events was the 2020 Tokyo Summer, which featured 339 medal events. The 2024 Olympic event is expected to bring together the best athletes worldwide.
How Many Countries Will Participate in the Paralympics 2024?
Paralympics 2024 will be held in the same venue from 28 August to 8th September. It will include 184 countries, with around 4,400 athletes participating in 549 events held in 22 sports.
Para Archery, Para Athletics, Para Canoe, Para Cycling Road, and Para Judo are among the sports events of the Paralympics. The event is expected to promote incredible and inspiring stories of perseverance and determination from athletes living with disabilities.
What are the Most Popular Events at the Olympics and Paralympics?
The most popular Paris Olympics betting events are often track and field, swimming, gymnastics, and basketball. The performance and competition factors in these games have contributed to their immense popularity.
Track and field events are based on distance running or sprint races such as the 100m dash and marathon. These events symbolize speed and stamina. Swimming events feature speed races that have made legends like Michael Phelps and Katie Ledecky.
On the other hand, some popular paralympics events include wheelchair racing, para taekwondo, and para-athletics, to mention a few.
Wheelchair racing is a high-speed sport characterized by high competition that attracts the public. Para taekwondo, conversely, is a martial arts sport that still attracts people due to the required power and skill. Other Paralympic events include para-swimming, para-cycling, wheelchair basketball, and powerlifting.
Where to Bet on the Olympics 2024
Undoubtedly, the Summer Olympics in 2024 in Paris will be an amazing global event. For sports betting, punters will have many options when placing their bets in various competitions.
So, let’s have a look at some of the best betting sites in the USA that will offer a reliable and safe environment for your betting.
- Bet365 – First Bet Safety Net $1000 in Bonus Bets
- BetMGM – Get up to $1,500 Back in Bonus Bets
- Betrivers – Second Chance Bet up to $500
- Betway – First Bet Reset up to $250 in Bonus Bets if your First Bet Loses
- FanDuel – Bet $5 Get $200 in Bonus Bets + $100 off NFL Sunday Ticket
- Draftkings Sportsbook – Get $150 in Bonus Bets
- 888Sport – $30 in Free bets
- Borgata online – 100% Deposit Match up to $1,000 + $20 on the house
- Betonline – Get up to $250 and 100 free spins
- espnbet – First Bet Reset – up to $1,000 in Bonus Bets if You Lose
888sport: Excellent for Live Betting
888sport is one of the best sportsbooks in the USA. It offers excellent live betting features on all sports, a user-friendly interface, and a wide range of betting markets.
For the Olympics sports betting, the 888sport will offer a variety of markets and competitive odds. Better still, the platform is known for offering players lots of promotions and bonuses. This means you’ll have extra money for your bets. With a strong reputation for security and customer service, this platform is an excellent option for American Punters.
bet365: Great for Comprehensive Coverage
If you’re a fan of betting Olympics online, bet365 should be your top consideration. The sportsbook offers more betting markets than many options in the US, accommodating every punter. In addition, the platform features extensive live betting options, allowing players to place bets as the action unfolds.
For those who like betting while on the go, bet365 has one of the best mobile apps in the industry. The platform is also highly secure, and a reliable customer support team is available 24/7 to solve your issue.
BetMGM: Appealing to New Users
BetMGM is a popular sportsbook in the US, offering a variety of sports and events for betting. The platform allows punters to place bets on different markets, including live betting. These can be the same game parlay, money line, and prop bet markets.
While many players will consider this sportsbook, some punters may consider exploring other options. Some areas that need improvement here are the odds and the wagering requirements for the bonuses. However, with innovative features and live streams, it’s still a great platform for placing bets on the Olympics.
FanDuel: Excellent for Live Streaming
Founded in 2009, FanDuel is arguably one of the best Olympics betting sites in the US. This site makes sports betting easy. You’ll find competitive odds, a wide range of betting markets, and unique Olympic promotional offers.
In addition, FanDuel will allow you to stream different sports, ensuring that you’re able to place bets as the actions unfold. The platform still offers several payment methods, but if you prefer using crypto, you may consider other Olympics betting sites.
BetRivers: Fantastic to New Punters
BetRivers is a trusted online betting platform that features a variety of sports. It’s among the betting sites that will be offering very competitive Olympic betting markets, odds, and live betting options.
A few Olympics sports betting games you can bet on using this platform are tennis, soccer, golf, darts, and boxing. The platform offers a second chance bonus bet of up to $100, but a bonus code will apply here. So, while some punters love this platform, others would consider other sites because its livestream doesn’t cover some sports.
DraftKings: Great for Unique Markets
DraftKings is among the best sportsbooks in the US, offering a great selection of Olympic games like football and basketball. The platform has long been known for its innovative features, competitive odds, and extensive market coverage.
Also, DraftKings is highly secure and user-friendly. The site welcomes punters with up to $300, depending on the amount of the first bet. While this platform has one of the best sports betting apps in the USA, the site can improve the withdrawal processing time.
Betway: Ideal for Odds and Promotions
Trusted by millions of punters since 2006, Betway is one of the global leader sportsbooks with the best odds and promotions. Here, you can bet on the Winter Olympics 2024 games, such as golf, tennis, soccer, and boxing.
The betting market is also broad to ensure that all punters can place bets according to their preferences. When you register at Betway, you will enjoy a reset bonus bet on your first bet. You can keep on exploring the platform every time because there is always extra bang for your buck.
betPARX – Outstanding for a Variety of Markets
betPARX brings you the best in betting, offering different markets and competitive odds on all the games. You can bet on basketball, baseball, football, golf, martial arts, tennis, and more for the Olympics.
When you join the platform and make a deposit, you receive a bonus of up to $250 in free bets. Overall, from responsive customer support to a friendly mobile app, betPARX is among the best Olympics betting sites worth considering.
Borgata Online: Best for Beginners
Borgata Online should be your top priority if you’re a beginner in Olympics sports betting. The reason is that the platform has a user-friendly interface that makes finding your favourite game and placing bets much easier.
In addition, the platform offers a 100% deposit match of up to $1,000 as the welcome bonus, which attracts many players. Its live betting feature gives punters who like placing bets as the action unfolds the best experience. While the payment methods are reliable and secure, the platform needs to improve the withdrawal processing time.
ESPN Bet: Offers a Great Mobile App
ESPN Bet is one of the Olympics betting sites loaded with custom offers, exclusive odd boosts, and innovative features. The platform really stands out with very good customer service and a reliable mobile app, so one can order bets on the go. You also have a wide range of betting, including live bets. ESPN also offers players up to $1,000 bet reset if their first bet loses.
Olympics 2024 Basketball Winner Predictions
12 countries will be taking part in the Paris Olympics 2024. Eight qualified through the 2023 FIBA Basketball World Cup, and four to be selected through the 2024 FIBA Men’s Olympic Qualifying Tournaments. The 8 include France, the USA, Canada, Australia, South Sudan, Serbia, Japan, and Germany. The remaining four will be decided upon following tournaments held at Valencia, Riga, San Juan, and Piraeus.
Most of these are aiming at the 2024 gold medal in the men’s basketball Olympics, but the USA team seems incredibly prepared to win. Being the place where basketball was invented, the USA has been unbeatable in the last four Olympic tournaments. Overall, it has won gold 16 out of 19 times since the Olympic competitions started.
Our prediction for betting on basketball is that the US will be lifted to glory. For a major reason, the US has a well-selected roaster, including LeBron James, Stephen Curry, and Kawhi Leonard. They have included some promising young talents whose records portray them as enthusiastic players ready to take up big challenges.
Many sportsbooks feature the USA as a favourite; hence, they have given them an 80% chance to win, with odds averaging -400.
Olympics 2024 Football Winner Predictions
The 2024 football Olympics will include two events: a men’s football tournament and a women’s football tournament. The men’s tournament will feature 16 teams, with the top five teams being France, Argentina, New Zealand, the United States, and Egypt.
Our analysis shows France is highly likely to win the match, given its blend of experienced talents. The team has some notable talents, such as Jean-Philippe Mateta and Alexandre Lacazette, among others.
Argentina could be a great competitor to the France team. It also has a well-formed team coached by Javier Mascherano. Most sportsbooks have put Argentina as a second favourite after France.
At a close look, the women’s football tournament looks quite tough, with 12 teams competing for the gold, including Spain and Brazil. Although anything happens when betting on the Olympics online, Spain is the favourite for this year’s Olympics following their 2023 FIFA Women’s World Cup triumph.
Olympics 2024 100m Winner Predictions
It’s interesting how the 2024 100m Olympics have become competitive, with many athletes emerging to show off their skills. In the men’s 100m race, Americans, Jamaicans, and Africans will compete for the gold. We predict stiff competition from world record holders like Ferdinand Omanyala and Noah Lyles.
The women’s 100m is also not without stiff competition, with the likes of Elaine Thompson-Herah, a five-time Olympic gold medallist, and Sha’Carri Richardson.
Elaine Thompson-Herah has stated that she’s adequately prepared to become the first woman to win three Olympic titles in the sprints. This is after winning in 2016 and 2020. Julien Alfred, the World Indoor 60m winner, is also looking forward to winning the gold medal at this year’s Olympics. These three are the favourites, and either of them could win.
Olympics 2024 Tennis Winner Predictions
Once again, tennis is back for betting, and this time, more fierce than ever. The men’s and women’s matches will see huge names contending for the gold, each looking forward to winning the gold medal.
In the men’s category, Spaniard Carlos Alcaraz seems to be the clear favourite, with many sportsbooks giving him odds of +300 on average. Jannik Sinner is also a force to reckon with and could challenge Alcaraz.
The women’s category is flooded with numerous talents, including Iga Swiatek, Aryna Sabalenka, and Coco Gauff. Since Iga has dominated the WTA since 2022, she could carry the form into this year’s Olympics. Besides, she’s a clear favourite in many sportsbooks with average odds of (+120).
Olympics 2024 Betting Markets
The 2024 Olympics has opened up huge opportunities, offering several betting markets where punters can make their shots. Below are the key markets you’ll find for betting on the Olympics:
Futures
The futures market in the summer and winter Olympics betting involves placing long-term wagers on the outcomes of specific events. You can also bet on the number of medals to be earned by a particular country. The outcomes of the futures market will be determined at the end of the Olympics.
Moneyline
This is a rather straightforward market. In moneyline Paris Olympics betting, you’ll be betting on which team wins a game. For example, Team France with odds of +1000 against the USA with -400. A bet on France to win will yield more returns than when you stake on the USA.
Point Spread
The spreads market involves betting on a team to win by a certain margin. Spreads aim to equalize the field for two seemingly unequal teams. For example, if the USA is highly favoured against France, a spread may require the USA to win by more than a set number of points for your bet to pay out. If you want to bet on France, your bet will pay out if they either win or lose by less than the set number of points.
Parlays
The Parlay market allows bettors to place multiple bets together in one bet. Simply, you’ll be betting on multiple events, each with different Olympics betting odds, but make a single stake for all. In case all events win, you’ll multiply the odds for all the events, then multiply the figure with your stake. Ultimately, parlays offer punters opportunities to bet small and get the opportunity of a significant payout.
Totals
In Totals betting, you’ll be betting on the combined total goals, points, runs, or whatever scoring metric of the teams in action. Sportsbooks usually present the totals as Over/Under a specific number.
Consider 205 points as the constant metric for over/under. If you bet over 205, then both teams must score a total that exceeds 205 points.
Props
Props betting allows you to place bets on unique situations in the summer and winter Olympics 2024. There are so many situations to bet on Props, and sportsbooks often determine what to offer for props in their platform. For example, you can bet on the number of medals a specific country will win, whether a particular athlete will break the world record and much more.
Live Betting at Olympics 2024
Live betting provides a more lively betting experience, allowing you to bet on an event as it unfolds in real-time. Most sportsbooks will offer live summer and winter Olympics betting on football, basketball, tennis, hockey, and a couple of other events. Expect graphical simulations and statistics in most sportsbooks. This feature allows punters to react immediately to the actions at the gameplay, thus providing immediate betting opportunities.
Olympics 2024 Betting Tips
With just a few days to the 2024 Olympics dates, punters need to be armed with betting strategies and techniques. Consider the following Special Olympics betting tips:
- Stay updated: Follow the latest news and updates on athletes, including news on injuries, team forms, and any other relevant information.
- Consider environmental factors: The Olympic games often involve outdoor events, whose performance may be impacted by weather. In this regard, monitor the weather and follow expert forecasts.
- Manage your bankroll: Even as you aim for significant returns from your betting activities, be sure to bet responsibly. Always bet what you can afford to lose, and do not chase losses.
- Do proper analysis: One of the major Olympics betting tips is to analyze the teams’ and athletes’ performance and head-to-head records. You can consider experts’ opinions by visiting reputable websites.
- Start with small bets: If you are a new punter, start with small bets, then advance as you get more experience in betting.
- Don’t rely on a single betting site: Do research across multiple sportsbooks to find where you might get a better value for your money. Look out for promotions, greater Olympics betting odds, and availability of many betting markets.
FAQs – Olympics 2024 Betting Guide
Can You Bet on the Olympics in 2024?
Yes. There are many reliable sportsbooks offering different Olympic games for betting. The best part is that these sites offer bonuses and promotions to help keep you trying your luck.
Can You Bet on the Olympics FanDuel?
Yes. FanDuel is a great platform that provides a variety of markets to bet on the Olympics. You can also play live betting when you sign up.
How to Bet on Olympic Wrestling?
You must choose the right sportsbook, register, and fund your account. Next, explore the wrestling section and place a bet on the match’s outcome.
Can you Bet on Olympic Basketball?
Yes. It’s easy to bet on Olympic basketball, including the game outcomes and live markets.
Can I Bet on Athletics?
Yes, many sportsbooks offer athletics betting and cover different events such as sprints and field competitions.
When Does the Olympics 2024 Start?
The Olympics start on July 26, 2024. A similar event will be the 2028 Olympics, approximately four years from now.
