The highly anticipated 2024 Summer Olympics in Paris, France, is set to kick off this Friday, July 26th, 2024, and the online sports betting world is already buzzing with excitement.
The 2024 Summer Olympics offer a plethora of events to bet on, including the 100m, 200m, basketball, volleyball, cycling, fencing, swimming, water polo, and more. Betters can choose from futures, props, or game line odds, adding an element of variety and intrigue to their betting experience.
Below, we will discuss the multiple ways to bet on the 2024 Summer Olympics and look at some of the odds we find favorable online.
2024 Olympic Futures
Futures are plentiful in Olympic events, with odds for male and female competitors and teams. Some popular categories include the overall medal count winner, event winners, and matchup odds.
Since most competitions include multiple teams, futures are great for betting on the games. Game lines are available for some events, but futures are available for all Olympic sports.
Below are some future odds for upcoming events featured at the summer games.
Paris 2024 – Most Overall Medals
- USA -3300
- China +1100
- Great Britain +5000
- Japan +5000
- France +10000
- Australia +20000
Paris 2024 – Men’s Hammer – Gold Medal Winner
- Ethan Katzberg (CAN) -300
- Wojciech Nowicki (POL) +300
- Pawel Fajdek (POL) +800
- Mykhaylo Kokhan (UKR) +900
- Bence Halasz (HUN) +1600
Is Betting On The Olympics Online Legal?
US and global bettors must know that betting on the Olympics online is legal if you adhere to local regulations. Most US States have passed some form of legal sports betting, in-person or online, and only a few states have legislation to block online sportsbooks so you can bet confidently.
Federal gambling laws do not address online gambling but instead, leave it up to the states to decide. Other countries also allow their players to gamble online due to a lack of regulation.
What Is The Most Popular Olympic Sport That Offers Betting Odds
It is hard to determine the most popular sport with odds, but Olympic Basketball is a widespread choice for bettors. Basketball competitions produce tons of futures, game lines, and props. Since basketball is a team sport played around the world, bettors tend to gravitate towards those odds.
Below are some current basketball futures you will find online for the upcoming Olympic games.
Paris 2024 – Men’s Basketball – Gold Medal Winner
- USA -450
- Canada +1100
- France +1400
- Serbia +1800
- Greece +2200
- Germany +2800
- Australia +3300
- Spain +6600
- Brazil +15000
Paris 2024 – Men’s Basketball – Group C Winner
- USA -1200
- Serbia +700
- South Sudan +3000
- Puerto Rico +5000
Paris 2024 – Men’s Basketball – Group B Winner
- France -240
- Germany +180
- Brazil +2200
- Japan +5000