Olympics Betting Guide 2024: Expert Picks & Best Bets Today!

Wondering if you can turn your Olympic passion into profit? Absolutely! Betting on the Olympics is not only possible but also an increasingly popular way to engage with the Games.

As the 2024 Paris Summer Olympics approach, commencing on July 26, the world's attention shifts to this grand stage of athletic competition. For those looking to add an extra layer of excitement, wagering on the Olympic Games presents a myriad of opportunities. Whether you're a seasoned sports bettor or a curious newcomer, understanding the landscape of Olympic betting is key to making informed and potentially lucrative decisions. Covers, among other platforms, encourages making smarter Olympic wagers. There are numerous ways to wager on both the Summer and Winter Games.

For those eager to dive into the action, several reputable sportsbooks offer platforms for Olympic betting. FanDuel is one such option, providing a user-friendly interface and a wide array of betting markets. Bovada is another popular choice, accessible from around the globe, accepting various payment methods including credit cards, debit cards, cryptocurrencies, and person-to-person payment apps like Venmo. Bovada sweetens the deal with a welcome bonus, matching your first deposit by 50% up to $1,000 using the code BVD1000.

• Tom Cruise From Young Star To Hollywood Icon A Look Back
• Linda Kingsberg The Untold Story Of Ernie Hudsons Wife

Beyond FanDuel and Bovada, numerous other sports betting apps and sites cater to Olympic enthusiasts. DraftKings, BetMGM, bet365, Fanatics Sportsbook, and ESPN Bet are among the platforms offering comprehensive Olympic wagering options.

But what constitutes the "best" Olympic bets? While personal preference and risk tolerance play significant roles, certain bets tend to attract more attention. Wagering on the country to win the most gold medals is a classic choice, as is betting on Team USA's total gold medal count. Additionally, exploring individual sports and identifying promising athletes or teams can lead to valuable betting opportunities.

It's crucial to recognize that not all Olympic bets are created equal. Just like in major professional sports, different types of bets come with varying levels of risk and potential reward. Understanding how to read Olympic odds is therefore essential for making informed decisions. This often involves familiarizing yourself with moneyline odds (e.g., a $100 bet yielding a $105 profit), implied probabilities (e.g., a 48.8% chance of winning), and the nuances of different betting markets.

• Russell Crowes Son Charles Spencer Crowe All Grown Up
• Stevie Nicks Her Iconic Style Evolution Photos

Some platforms, like those planning to offer football accumulators, may provide opportunities for multiple bets involving various teams. The Paris 2024 Olympics boasts a massive lineup of over 329 events across 32 diverse sports, ensuring there's something for every bettor to consider. While every competition offers its own unique appeal, certain sports tend to generate more excitement and betting interest.

On the final day of competition at Paris 2024, many will be watching closely to see if Team USA can secure one more gold medal to cash in on over/under bets. Furthermore, there are plenty of matches still to be decided before the closing ceremony marks the end of the summer games until Los Angeles 2028.

To maximize your chances of success, it's advisable to compare odds across different bookmakers. Finding the best odds can significantly impact your potential returns. Remember, the goal is to make informed wagers based on research, analysis, and a thorough understanding of the sports and athletes involved.

When it comes to betting on the Olympics, you'll encounter several common betting types. Predicting the overall winner of an event is a straightforward approach, ideal for those looking to back the final victor in a specific Olympic sport. Alternatively, you can place wagers on which country will top the medal table or the total number of medals a team will bring home.

Olympic events themselves have deep roots in sporting contests held in ancient Greece. Many events require minimal equipment, such as running, jumping, discus, javelin, and wrestling, which formed the basis of the first Olympic programmes and continue to be featured to this day.

To get in on the summer games fever, consider exploring the top 10 Olympic betting sites in the United States. These offshore sportsbooks are often fully licensed, available to US residents, and prioritize safety. The Olympic Games in Paris present a unique opportunity, with Team GB aiming for a record-breaking 70 medals. The spotlight will undoubtedly shine on Paris as the greatest show on earth unfolds, filled with moments of sporting brilliance.

This 2024 Summer Olympics betting guide aims to break down some of the most popular betting markets while offering insights into potential bets and predictions. Keep in mind that all odds and wagers mentioned here are illustrative and can be found at various sportsbooks, including BetOnline. BetOnline often provides a welcome bonus, such as a 50% match up to $1,000, making it a compelling option for Olympic wagers. Oddschecker US, launched in 1999 in the UK, serves as a leading betting odds comparison site, assisting millions of users globally.

While the 2024 Summer Olympics may have already started with preliminary events, the official beginning is marked by the opening ceremony. With a multitude of events kicking off throughout the weekend, now is the perfect time to learn about odds and explore the best bets across various sports.

Be on the lookout for "bet & get" offers, where users can earn free bet credits simply by wagering on a select market. These promotions are often designed to generate interest in a sport, particularly during marquee events like the Olympics. For example, you might find an offer like "bet at least $25 on an Olympic hockey moneyline to get $10 in bet credits to use on any Olympic event."

As the Paris Summer Games approach, all eyes are on the USA, which is currently the Olympic betting odds favorite to win the most medals. With the Games beginning on July 26, 2024, the stage is set for a thrilling spectacle of athletic achievement and exciting wagering opportunities. Whether you're drawn to the thrill of predicting medal counts, the intricacies of individual sports, or the strategic nuances of different betting markets, the 2024 Paris Olympics offer a diverse and engaging landscape for sports bettors of all levels.