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, will have to break that storied tradition due to the COVID-19 pandemic. Fortunately, the Olympic Committee's dedication to preserving this history crumbled under the weight of trying to save lives. The Olympic Committee, led by Dick Pound, resisted the postponement of the 2020 Summer Olympics as long as they could, but eventually, the circumstances of the COVID-19 outbreak caused the inevitable to occur - the 2020 Summer Olympics are delayed until 2021. They will still take place in Tokyo, Japan, but they will not occur this year. For this reason, betting on the Olympics will also be delayed until we get closer to Summer 2021.

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

Bovada Sports Betting

State Restrictions: ALL STATES - ex. DE, MD, NJ, NV
Welcome Bonus: 50% to $250
Minimum Deposit: $20
Banking Methods:

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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State Restrictions: ALL STATES - ex. NJ, NV, NY
Welcome Bonus: 50% to $1,000
Minimum Deposit: $50
Banking Methods:

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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State Restrictions: ALL STATES - ex. NJ, NV, NY
Welcome Bonus: 50% to $1,000
Minimum Deposit: $20
Banking Methods:

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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State Restrictions: ALL STATES - ex. NJ, NV, NY
Welcome Bonus: 50% to $1,000
Minimum Deposit: $50
Banking Methods:

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 44-man preliminary roster will be released probably around February and will provide some great insight on the USA chances in Japan. Odds will also be available once the Olympics get closer.

Will Team USA win Gold at the 2021 Olympics For Men's Basketball?

  • Yes: -450
  • No: +410

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.

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

  • USA: -3000
  • China: +1100
  • Great Britain: +4500
  • Japan: +6600
  • Russia: +15000
  • Germany: +30000
  • Korea: +35000
  • France: +75000
  • Italy: +75000
  • Spain: +100000

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.