Legal Olympic Betting

Olympic BettingIn the US, most folks think that legal Olympic betting is only possible in Las Vegas - but that’s not true! In fact, legal Olympic betting is easily accessible to residents of all 50 states – all you need is a computer or mobile device, an Internet connection, and a few dollars to deposit into your account. Legal online sportsbooks offer just as many (if not more) lines, props, and futures on the Olympic Games than even the best brick-and-mortar sportsbook, and you can pick and choose all your bets from the comfort of your own home. So not only is online Olympic betting completely legal, it’s also completely convenient for every American interested in betting on the world’s foremost tournament.

Another factor to consider is that even if you live in a state that offers legal sports betting, it’s not guaranteed that your local sportsbook will offer Olympic betting odds. Most books stick to major league sports as they are the more popular sports markets. Online sportsbooks, however, have been posting legal Olympic betting lines for decades and are the authority when it comes to the best odds on the Olympics.

Will The Olympics Still Happen Despite The Coronavirus?

The Summer Olympics, long held every four years, has been postponed for the first time due to the coronavirus pandemic. Fast track to now, the Olympics are set to begin on July 23, 2021 and conclude on August 8, 2021. The location of the venue has not changed as it will remain in Japan. However, being that every country has a different outlook when it comes to COVID-19 protocol, it is unlikely that fans both foreign and domestic will be allowed to attend the 2021 Olympic Games.

Can Americans In Every State Bet On The Olympics?

Absolutely, although the means might differ depending on the state that you are in. First off, many states have legalized the practice of sports betting in some form, with some even providing mobile betting to their citizens. Second, Americans in every state can bet on the Olympics safely and legally by using one of the internationally regulated online sportsbooks. Joining these top betting sites is always free and easy, and they offer the same types of wagers that Las Vegas veterans are used to seeing on Sin City’s Olympic Games betting boards.

In fact, after the Super Bowl, legal Olympic betting is one of the most popular varieties of sports wagering in the entire country, with an estimated 47 million US residents putting money on the various events included on the Summer and Winter Olympic programs. Even if your nearby sportsbook does not feature legal Olympic betting odds, the international bookmakers will take bets from Americans in every state.

Best USA Online Sportsbooks To Bet On The 2021 Summer Olympics

There are lots of betting shops on the Internet, but most of them aren’t worth your time or money. Instead, go with the tried-and-true, and choose the best USA online sportsbooks to bet on the 2021 Olympic Summer Games. Sites like Bovada, BetOnline, SportsBetting, BetDSI, and others are the top legal Olympic betting destinations in the world, and they each offer their members top-notch customer service, full betting menus, and the promptest payouts anywhere. Sure, you could bet with somebody else, but why take on so much extra risk without any extra reward? If there’s one 2021 Olympic bet you don’t need to make, it’s on a second-tier sportsbook.

Bovada Olympic Betting Review

Bovada Sports Betting

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Bovada Olympic betting is a best-in-class experience. With legal online betting’s finest pedigree and most lauded customer service, you know you’re getting not only the most comprehensive Tokyo 2021 Summer Olympics odds, but you’re also getting an industry-best guarantee from a company that’s never missed a single payout for any of its millions of Olympic Games bettors. Signing up is free, and new members can even take advantage of Bovada’s $250 Sports Welcome Bonus to make their Olympian payouts even more Herculean. Ye gods!

BetOnline Olympic Betting Review

BetOnline Sports Betting

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BetOnline is one of America’s favorite online sportsbooks, and that’s doubly true for the 2021 Tokyo Summer Olympics. BetOnline Olympic betting is legal for residents of all 50 states, and their Winter Games lines, props, and futures rival the variety and value of all the best USA sportsbooks. In addition to legal Olympic betting, new members at BetOnline will have access to the site’s 50% Welcome Bonus (up to $1000 with code BOL1000) and numerous free bet offers, so you can keep betting long after the 2021 Summer Olympics come to a close.

SportsBetting Olympic Betting Review

SportsBetting Sports Betting

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SportsBetting has got to be in your rotation for legal Olympic sports betting. The bookmaker features Olympic betting odds on all 25+ sports included on the program. Some of the 2021 Summer Olympics markets include the outright winner, which country will win the most gold medal, over/under medal wagers, and more. One of the main perks of SportsBetting is that you can wager in different ways. Log in from your laptop, or, bet on the Olympics from your mobile device. You can even redeem a $50 Mobile Betting Free Play when you place your first Olympic bet from your smartphone or tablet.

MyBookie Olympic Betting Review

MyBookie Sports Betting

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MyBookie is one of the best sportsbooks around but where they really shine is the wide variety of bets that you will find only at MyBookie. If you’re just a normal person, looking to bet on things like the 2021 Olympic medal count, MyBookie has that, but if you’re into weirder bets, MyBookie specializes in the odd, the out of the ordinary, the unique. If that sounds like your cup of tea, take a stroll on down to MyBookie. Of course, their sportsbook is genuinely second to none, with an excellent selection of odds and bets.

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Betting On USA Basketball In The 2021 Olympics

Betting on USA Basketball to win the gold at the Olympics has been a fairly consistent tradition among sports bettors. The USA has received the gold medal in the last three Olympic Games and has had incredible success in the sport historically. For 2021, the preliminary roster for USA Basketball will be adjusted after the games were pushed back a year. The team had already announce their 57 finalists back in March and are expecting the 44-man roster to be announced fairly soon. As far as odds go, there are different futures odds available on if both the men’s and women’s team will win the gold medal. So far, Team USA Basketball has gained commitments from Damian Lillard, Kevin Durant, Devin Booker, Bradley Beal, Jayson Tatum, Draymond Green and Bam Adebayo while the women’s roster has already been set.

Men’s Basketball

  • USA -300
  • Serbia +800
  • Spain +800
  • France +1700
  • Australia +2500
  • Greece +2500
  • Lithuania +2500
  • Argentina +3000
  • Croatia +5000
  • Slovenia +5000
  • Turkey +5000
  • Venezuela +5000
  • Canada +10000
  • Italy +10000
  • Brazil +15000

Women’s Basketball

  • USA (W) -1200
  • Australia (W) +1000
  • Spain (W) +2000
  • France (W) +2500
  • Serbia (W) +3000
  • Belgium (W) +3500
  • Canada (W) +4000
  • China (W) +10000
  • Japan (W) +10000
  • Nigeria (W) +25000
  • South Korea (W) +50000
  • Puerto Rico (W) +100000


Betting On The Most Gold Medals At The 2021 Olympic Games

One of the Olympic Games betting odds that is available to bet on at most online sportsbooks is which country will win the most gold medals at the 2021 Olympics. The United States of America is, as always, a heavy favorite to win the most gold medals, followed by rival China. No other country is particularly close to the two leaders, with Great Britain and Japan occupying longshot status, and everyone else having absurdly long odds. For reference, in 2016, the United States won 46 gold medals, while Great Britain won 27 and China won 26. In 2012, the competition was closer, with the United States winning 46 gold medals once more, while China won 38 and Great Britain won 29. 2008 was the last time a country other than the United States topped the medal count when China won 48 gold medals to the United States’ 36.

Total Gold Medal Over-Under By Country

  • Brazil 4.5
  • Canada 4.5
  • Australia 12.5
  • Great Britain 14.5

What Country Will Will The Most Gold Medals At The Tokyo 2021 Olympic Summer Games?

  • USA -600
  • China +380
  • Japan +2800
  • Russian Olympic Committee +5000
  • Great Britain +6600
  • Germany +20000
  • Netherlands +20000
  • Australia +25000
  • France +25000
  • South Korea +30000
  • Hungary +75000
  • Italy +75000

USA Total Gold Medals

  • Over 43.5 -115
  • Under 43.5 -115

Other Olympic Sports To Bet On

Aside from the more popular sports in the Olympics, bettors can find betting odds for plenty of different sports such as Cycling, Judo, Softball, Volleyball, Waterpolo, Surfing and more. All of the latest Summer Olympics odds can be found right here.

Mens Handball Olympic Odds

  • Denmark +225
  • Norway +360
  • Spain +360
  • France +600
  • Sweden +650
  • Germany +750
  • Egypt +2800
  • Portugal +2800
  • Brazil +20000
  • Japan +20000
  • Argentina +25000
  • Bahrain +75000

Womens Handball Olympic Odds

  • Norway (W) +200
  • Russian Olympic Committee (W) +275
  • France (W) +330
  • Netherlands (W) +650
  • Spain (W) +1200
  • Sweden (W) +1800
  • Montenegro (W) +2000
  • Hungary (W) +3300
  • South Korea (W)+4000
  • Brazil (W)+10000
  • Japan (W)+10000
  • Angola (W)+50000

Softball Olympic Odds

  • USA (W) -150
  • Japan (W) +140
  • Canada (W) +1200
  • Australia (W) +3300
  • Mexico (W) +4000
  • Italy (W) +20000

Mens Surfing Olympic Odds

  • Gabriel Medina (BRA) +250
  • Italo Ferreira (BRA) +330
  • John John Florence (USA) +400

Men’s Track: 400m

  • Michael Norman (USA) -175
  • Steven Gardiner (BAH) +350
  • Wayde Van Niekerk (RSA) +750
  • Kirani James (GRN) +1100
  • Randolph Ross (USA) +1200
  • Anthony Zambrano (COL) +1600
  • Michael Cherry (USA) +2200
  • Emmanuel Korir (KEN) +4000
  • Isaac Makwala (BOT) +4000

Men’s Track: 400m Hurdles

  • Karsten Warholm (NOR) -225
  • Rai Benjamin (USA) +225
  • Abderrahman Samba (QAT) +1000
  • Alison Dos Santos (BRA) +1000
  • Kyron McMaster (IVB) +2000
  • Yasmani Copello (TUR) +4000
  • Jaheel Hyde (JAM) +5000
  • Kenny Selmon (USA) +5000
  • David Kendziera (USA) +12500

Men’s Track: Men’s 200m

  • Noah Lyles (USA) -165
  • Andre De Graase (CAN) +450
  • Kenneth Bednarek (USA) +500
  • Erriyon Knighton (USA) +700
  • Divine Oduduru (NGR) +4000
  • Jareem Richards (TTO) +5000
  • Zharnel Hughes (GBR) +5000
  • Isaac Makwala (BOT) +6600
  • Ramil Guliyev (TUR) +6600

Men’s Track: Men’s 100m

  • Trayvon Bromell (USA) +110
  • Ronnie Baker (USA) +350
  • Akani Simbine (RSA) +700
  • Fred Kerley (USA) +900
  • Andre De Graase (CAN) +1000
  • Zharnel Hughes (GBR) +1600
  • Marcell Jacobs (ITA) +2000
  • Chijindu Ujah (GBR) +3300
  • Su Bingtian (CHN) +4000

Women’s Track: 100m

  • Shelly-Ann Fraser-Pryce (JAM) -120
  • Elaine Thompson-Herah (JAM) +200
  • Dina Asher-Smith (GBR) +500
  • Shericka Jackson (JAM) +900
  • Marie-Josee Ta Lou (CIV) +1200
  • Blessing Okagbare (NGR) +2500
  • Javianne Oliver (USA) +5000
  • Dafne Schippers (NED) +6600
  • Murielle Ahoure (CIV) +6600

Women’s Track: 100m Hurdles

  • Jasemine Camacho-Quinn (PUR) +100
  • Kendra Harrison (USA) +138
  • Christina Clemons (USA) +1200
  • Tobi Amunsan (NGR) +1200
  • Gabbi Cunningham (USA) +1600
  • Britany Anderson (JAM) +2200
  • Cindy Sember (GBR) +2200
  • Tiffany Porter (GBR) +4000
  • Devynne Charlton (BAH) +5000

Women’s Track: Women’s 200m

  • Gabby Thomas (USA) +150
  • Dina Asher-Smith (GBR) +450
  • Shaunae Miller-Uibo (BAH) +500
  • Shericka Jackson (JAM) +500
  • Elaine Thompson-Herah (JAM) +650
  • Shelly-Ann Fraser-Pryce (JAM) +700
  • Jenna Prandini (USA) +2200
  • Anavia Battle (USA) +3300
  • Blessing Okagbare (NGR) +5000

Olympic Athlete Spotlight

Ariel Torres – Men’s Karate

Although listed as quite the underdog with +6600, Ariel Torres should not be counted out of the Karate Kata event in the Olympics. Torres holds an impressive resume that dates back to 2013 when he won the Jr. Pan American Silver Medal. He is also a four-time Karate Senior Team Member and a two-time USA National Champion as well. Torres began practicing Karate at the age of six and has been continuing his practice for 16 years. All that said, he could help those willing to take the risk on him.

Sakura Kokumai – Women’s Karate

Sakura Kokumai is no stranger to the Karate Olympics events having been on the United States National Team since 2007. She holds an extensive background in the sport that includes being a 7-time USA National Champion, Pan American Olympic Festival Gold Medalist, Karate1 Premier League Dubai & Salzburg Silver Medalists and 4-time Junior National Champion for the U.S. Having been practicing Karate since the age of seven and also being a member of the U.S. for an extended time, her odds cannot be counted out.

Hannah Roberts – Women’s BMX

Hannah Roberts will be representing Team USA in the BMX events taking place at the Summer Olympics, more specifically in the Women’s Freestyle event. As of right now, online sportsbooks have it set up as Roberts against the field as she is the only participant with odds listed at -150. With that said, bettors should not shy away from bringing in some easy money here as she is very decorated in the sport. Roberts won her first BMX World Championship in 2017 at just 17 years old which also marked her as the first-ever to win the award. She then placed third in the same event in 2018 and won a second world title again in 2019. Roberts is looking to win the inaugural BMX Freestyle event at the Olympic Games.

Grant Holloway & Daniel Roberts – Men’s Track & Field

Getting into the Olympics Track and Field events, both Grant Holloway and Daniel Roberts will be representing Team USA in the Men’s 110-meter Hurdles. Of the three runners in the event, Holloway is listed with the shortest odds to win at +150 while Roberts has the longest odds at +700. Holloway is favored to take home the gold medal in this one for a reason being that he claimed gold back in 2019 for Team USA in the 100-meter hurdles event. Not to mention he has won four NCAA Tournaments as well. As for Daniel Roberts, he comes from a decorated background as well which could potentially cash bettors out with his long odds. Roberts has two championships to his name with the World Athletics Championship in 2019 and the USATF Outdoor Championship in 2019 as well. All in all, betting on Team USA in the hurdles track and field event could turn a profit.

Andrew Mackiewicz – Men’s Fencing

Andrew Mackiewicz will be representing Team USA in the man’s fencing event. Before bettors count his longer +50000 odds out, it should be known that Mackiewicz has an impressive resume. Mackiewicz is currently the third-ranked fencer in the United States and the 95th ranked in the world. He also has been a part of the Senior World Championship team in 2014, 2018, and 2019. He is also a two-time Men’s Sabre NCAA National Championship. With all his experience, bettors could take a risk here betting on his odds for a nice return.

Courtney Hurley – Women’s Fencing

Courtney Hurley is no stranger when it comes to experience as an Olympic Fencer. Hurley has been a part of the USA Fencing team since 2012 having been in the Olympics in 2012 and 2016. In 2012 she walked away with a bronze medal in the team performance and the 22nd ranked fencer in individual stats. In 2016, she claimed bronze once again as a part of the team event. Other world championship experiences include an 11th place finish in the Fencing World Championship back in 2013. With her background, her +4000 odds could be considered a bit long which is why bettors should be jumping in on them.

Ryan Murphy – Men’s Swimming

Ryan Murphy is a one of a kind talent in the swimming community and is expected to have a breakout performance at the Summer Olympics where he will take place in both the Men’s 100m and 200m Backstroke where he has +350 odds in both events. Murphy is as decorated as they come as he is a three time Olympic gold medalist which he won all three at the 2016 Olympics. Not to mention two of them came in the 100m and 200m backstroke events. Being that he is the defending gold medalist in the event and has proven himself already, bettors should feel more than comfortable taking his odds to win.

2021 Summer Olympics Prop Bets

The Summer Olympic Games will be host to a bevy of prop bets as every event will give online sportsbooks the chance to create betting lines. Sports bettors will see props for every round in every event and player props for every athlete involved. The Summer Olympics is a great time for sports betting as there will be so many events going on the wager on that the action will seem limitless. If you are looking to bet on Olympic basketball there will be props for how many points Team USA will score in a half for example. If you are wagering on the 100-meter race you will find props for how fast Usain Bolt will run or if he will break a record.