Best Olympics Betting Sites for 2024 – Top 10 Summer Olympic Online Sportsbooks & Apps

If you’re looking for the best Olympics betting sites, then our expert-recommended list ticks all of the boxes needed for a top-notch Olympics sportsbook for Paris 2024.

In fact, the best online sportsbooks not only cover a number of Olympic events but also provide security, choice and the best bonuses for gambling on the Olympics. So, without further ado, let’s get into the finer details of the top betting sites for the Olympics.

Top 10 Best Olympic Betting Sites in 2024

These are the best Olympics betting sites that offer the best gambling experience.

1. BetOnline – The No.1 best Olympics betting site
2. BetWhale – Exciting welcome offer for Olympics sports betting
3. Bovada – Excellent range of Olympic betting markets
4. Everygame – Top live betting for in-play bettors
5. TG.Casino – Plenty of crypto deposit options
6. BetUS – Offers a sizable bonus offer for Olympic betting
7. MyBookie – Top Olympic sportsbook for beginners
8. BetNow – Offers a good range of existing user promotions
9. Jazz – Highly competitive odds for numerous Olympic sports
10. BUSR – Fast and seamless sign-up process

Top 5 Olympics Gambling Sites Reviewed

Now, let’s get into what makes our top 5 Olympic betting websites so special.

1. BetOnline – The No.1 Best Olympics Betting Site

There is no doubt that BetOnline is the best site for Olympics gambling. This top betting site is ideal because it has a super easy sign-up process and exciting promotions, which include a generous welcome offer and multiple other promos for specific events.

BetOnline is also one of the best Olympics gambling sites because of its fantastic coverage of the event. After checking out the sportsbook, we found a nearly organized range of Olympics events listed from A to Z in the sports menu on the left of the home screen. We noticed that we could bet on about 12+ Olympic events.

The markets we could choose from included the obvious options, like betting on which country would finish with the most medals. We could also bet on the team to win gold in each event. In addition, you’ll certainly find more markets and even better Olympic odds as the events draw closer.

BetOnline Sports Bonus:

2. BetWhale – Exciting Welcome Offer for Olympics Betting

BetWhale has established itself as a top-notch online sportsbook in a short time, and remains a top choice for betting on the Olympics. BetWhale has ample promos and a stellar welcome bonus for new members. Also, you can make deposits using a number of reliable payment methods like Visa, Mastercard, Bitcoin, and more.

Betting on the Olympic games at BetWhale is super easy. You can easily search for the events that you are after, or you can simply navigate to the overall Olympics sports betting section, where you can find specific events. The markets available, for now, are limited to betting on gold medal winners, but this will change as we near the event.

BetWhale Sports Bonus:

3. Bovada – Excellent Range Of Olympics Betting Markets

At number 3 on our list is a household name that is great for Olympics gambling. Bovada has been licensed and regulated by the Government of Curacao. The sportsbook also doesn’t have an official mobile app but you can place bets on the Olympics with the mobile-optimized version of the sportsbook site.

Once you create your account, you are greeted by a stellar sportsbook where you can easily locate the Olympics events you are after. Whether you want to bet on the 100M Final or the final of the soccer event, it’s all available at Bovada. You can also create diverse parlay bets by choosing from multiple different markets for each event.

Bovada Sports Bonus:

4. Everygame – Live Betting Feature is Fantastic

Everygame probably has the best Olympic soccer odds we have seen so far. The sportsbook has always leaned towards being soccer betting focused, and we can already see that its odds are very competitive for soccer events at the Olympics.

While the odds for soccer betting at the Olympics are great at Everygame, the sportsbook also covers at least another ten events at the Olympics that we could see. Olympic sports betting at Everygame is ideal for every kind of bettor.

It’s one of the best Olympics sports betting websites because it gives you plenty of promotions that you can use for betting on all of the events. There are also a number of Olympic betting markets as well.

Everygame Sports Bonus:

5. TG Casino – Plenty Of Crypto Deposit Options

TG Casino is the best Olympics betting site for crypto fans. The sportsbook is packed with a number of popular markets. You can even purchase crypto through the site as well. The only thing that may not appeal to most bettors is that there are no standard fiat currency methods available.

If you enjoy crypto as your main deposit method, you can then start Olympic games betting on this top crypto betting site. For now, TG Casino is only running outright markets for the number of medals that each country may win or which nation will win the gold in each event. They may change this leading closer to the event but for now, they are keeping it simple.

TG Casino sports bonus:

Best Summer Olympic Betting Sites Compared

Let’s have a look at what features and bonus offers you can when betting Olympics online with the sites in our list.

How We Choose the Top Olympic Betting Website

When you want to get started with sports betting Olympics you need to make sure that you choose the correct site. Here is how we make sure that these Olympic betting websites give you all the tools you need.

• Safety & Security: Ensuring the site is licensed and uses encryption to protect your personal and financial data is paramount for a safe Olympics betting environment.
• Reputation: Checking user reviews and industry reputation helps gauge reliability and trustworthiness.
• Deposit & Withdrawal Methods: A variety of secure payment options, including cards, e-wallets, and possibly cryptocurrencies, ensure convenient transactions.
• Payout Speeds: Fast withdrawals are crucial for receiving your winnings promptly after placing bets.
• Bonuses & Promotions: Generous welcome bonuses, ongoing promotions, and loyalty rewards enhance the value of your bets.
• Depth and Variety of Olympics Markets: Offering a wide range of betting options on various events, medal counts, and specific athlete performances adds excitement and choice to your betting experience.
• Early Lines: Access to early Olympic betting lines allows strategic bet placement before odds change closer to events.
• Competitiveness of Olympics Betting Odds: Competitive odds and flexible bet limits improve potential payouts and accommodate different betting strategies.
• Mobile Interface and UX: A user-friendly mobile sportsbook with smooth navigation and responsive design ensures enjoyable betting on the go.
• Customer Service: Responsive customer support via live chat, email, or phone ensures assistance whenever needed.
• Live Betting & Streaming: Offering live betting options and high-quality streaming of Olympic events enhances the thrill of real-time betting experiences.

Olympics Betting Sites Standout Bonuses

When exploring sports betting on the Olympics, the sportsbooks in our list stand out with a variety of enticing bonuses and promotions.

Here is what you can usually find:

• Welcome Bonuses: Generous rewards for new users upon signing up and making their initial deposit.
• Deposit Bonuses: Extra funds are added to your account based on your deposit amount, increasing your betting power.
• Free Bets: Opportunities to place bets without risking your own money, often awarded after making qualifying bets.
• Cashback Offers: Refunds on losses or specific bets, providing a safety net for certain wagers.
• Loyalty Rewards: Programs that reward regular bettors with points redeemable for cash or additional bonuses.
• Crypto Bonuses: Special bonuses for using cryptocurrencies like Bitcoin or Ethereum for deposits.
• No Deposit Offers: Bonuses that are given without requiring any deposits.

Comparing Sign-Up Bonuses at the Best Olympics Sportsbooks

If you want to create the best Olympic bets, it’s a great idea to find the best bonuses to help you boost them even further. Here are all of the welcome offers you can find with the best Olympics gambling sites.

Is Betting On The 2024 Olympics Online Legal In The US?

Yes, betting on the Olympics in the US is legal, but only in states where sports betting has been regulated. Since the overturn of PASPA (Professional and Amateur Sports Protection Act) in 2018, states have been given the authority to legalize and regulate sports betting within their borders. As of now, several states allow both online and retail sports betting, including betting on Olympic sports, while others may have restrictions or pending legislation.

States like New Jersey, Pennsylvania, Colorado, and Indiana have explicitly legalized sports betting, which includes betting on the Olympics through licensed operators. It’s important to check the specific regulations and licensed operators in each state to ensure compliance with local laws. Regarding offshore betting, while still in a legal gray area in the US, many offshore sportsbooks are reputable and safe to use and often offer better odds and bonuses than state-regulated sportsbooks.

Popular Summer Olympic Sports for Betting

Summer Olympics betting offers a thrilling opportunity to engage with a diverse range of sports and events that captivate global audiences every four years. From athletics to swimming, the event not only showcases elite athleticism but also attracts significant betting interest.

Here’s a detailed look at some of the most popular Olympic sports for betting:

Athletics (Track & Field)

Athletics, or track and field, is the cornerstone of the Summer Olympics. It features a variety of events that test speed, strength, and agility. Events like the 100m sprint, 400m hurdles, and pole vault captivate audiences worldwide. Betting opportunities abound, with sports bettors predicting winners, podium finishes, and even record-breaking performances.

The marathon, a test of endurance, also draws significant betting interest as fans wager on strategies and weather conditions affecting athletes. With such diverse events and outcomes, athletics remains a centerpiece for Olympic sports betting, combining excitement with strategic analysis for bettors.

Basketball

Olympic basketball stands out as a popular sport for betting due to its global appeal and competitive nature among national teams. Betting markets here are similar to those found at top NBA betting sites and range from predicting match winners to point spreads and player performance metrics like points scored and rebounds. NBA stars often participate, influencing betting odds and strategies based on their form and international experience.

Swimming

Swimming at the Summer Olympics features a diverse array of events, from sprints like the 50m freestyle to endurance races such as the 1500m freestyle. Bettors can wager on race winners, record-breaking performances, and even specific swimmer matchups. Nations like the USA, Australia, and China often dominate the pool, influencing betting odds based on their historical performances and current form.

Gymnastics

Gymnastics at the Olympics includes both artistic and rhythmic disciplines, each offering unique betting opportunities. Artistic gymnastics features events like the vault, balance beam, and floor exercise, where bettors predict scores and medal placements. Rhythmic gymnastics, characterized by routines with apparatus like hoops and ribbons, offers bets on artistic interpretation and technical execution.

Soccer (Football)

Olympic soccer captivates global audiences with national teams competing for gold in a tournament format. Betting markets are similar to those found at the top soccer betting sites and include match outcomes, goal totals, and specific player performances. Young talents often shine alongside established stars, influencing betting dynamics based on team cohesion and tactical strategies.

Tennis

Olympic tennis features top-ranked players representing their countries in a quest for gold. Betting options include match winners, set scores, and overall medal outcomes. The tournament format allows for strategic betting on player form, surface adaptability, and historical performances at previous Olympics and Grand Slam events. If you want to bet on the Olympics, tennis is one of the best events to do it with.

Boxing

Olympic boxing offers a range of weight classes and individual matchups, attracting betting interest across various bouts. Bettors can wager on fight outcomes, rounds won, and even specific boxing styles influencing match dynamics. Global talent and Olympic regulations shape betting odds, with nations like Cuba, the USA, and Russia traditionally strong in the ring.

As athletes showcase their skills and strategies, boxing at the Olympics provides intense betting opportunities based on technical prowess, knockout potential, and judging criteria. With bouts decided by rounds and judges’ scores, boxing offers strategic betting options during the Summer Olympics.

Cycling (Track and Road)

Cycling events at the Summer Olympics feature both track sprints and road races, appealing to bettors with diverse betting opportunities. Bets range from predicting race winners to individual time trials and team pursuits. The track events, including sprint races and team pursuits, emphasize speed and strategy on the velodrome.

Types of Bets Available For Online Olympic Betting

There are plenty of different bet types that you can use on top sportsbooks for Paris Olympics betting. Here are some of the most popular markets that you will definitely be able to find with the best Olympics gambling sites.

Moneyline

A moneyline bet involves picking the winner of a particular event. For example, in an Olympic basketball game between the USA and Spain, you would place a moneyline bet on which team you think will win the match outright. The Olympics odds reflect the likelihood of each team winning, with favorites having lower payouts and underdogs offering higher returns.

Spread

Spread betting involves wagering on the margin of victory and is one of the best options at the best Olympics sports betting sites. In an Olympic soccer match between Brazil and Germany, you might bet on Brazil to win by more than a certain number of goals, or Germany to lose by less than a specific margin. This bet type evens the playing field, making matches between unequally matched teams more interesting.

Over/Under (Totals)

An over/under bet, also known as a totals bet, involves predicting whether the total number of points, goals, or medals in an event will be over or under a specified amount. For instance, in an Olympic swimming event, you might bet on whether the time of the winner will be over or under a certain mark.

Props

Prop bets focus on specific outcomes within an event. Examples of Olympic props include:

• The number of gold medals a country will win
• Whether a world record will be broken in track and field
• Which athlete will score the most points in a basketball game
• The total number of medals a particular athlete will earn
• Whether a specific gymnast will score a perfect 10

Parlays

A parlay bet combines multiple bets into one, increasing the potential payout. In the Olympics, you might create a parlay by betting on the USA to win a basketball game, Kenya to win the marathon, and China to win a diving event. All selections must win for the parlay to pay out, making it a high-risk, high-reward bet.

Futures

Futures bets involve predicting outcomes that will be determined later in the Olympics. Examples include betting on which country will top the medal table or who will win the gold medal in the men’s 100m sprint. These bets are placed well in advance of the event and often offer attractive odds.

Live Betting

Live betting, or in-play betting, allows you to place bets while an event is ongoing. For example, if you’re watching a live Olympic volleyball match, you can bet on the next team to score or the outcome of the current set. Live betting can offer better odds as the event unfolds and new opportunities arise.

Specials

Special bets focus on unique or less common aspects of the Olympics. An example of a special bet could be predicting how many gold medals Team USA will win overall or whether a specific athlete will carry the flag for their country during the closing ceremony. These bets add an extra layer of excitement to Olympic wagering.

2024 Summer Olympics Betting Odds

The 2024 Summer Olympics will be held in Paris, France. The event is scheduled to take place from July 26 to August 11, 2024, with the closing ceremony marking the grand finale of the global sporting extravaganza. Featuring over 10,000 athletes from around the world competing in a wide array of sports, the Olympics offers numerous markets ranging from individual event winners to overall medal counts.

In the previous 2020 Summer Olympics held in Tokyo, Japan, the United States topped the Gold Medal Table, securing 39 gold medals. They were followed closely by China with 38 gold medals and Japan, the host nation, with 27 gold medals. As the 2024 Olympics approach, betting enthusiasts are keenly watching the odds to predict which country will dominate the medal tally this time around.

Current Odds for Most Gold Medals in the 2024 Olympics

Here are the current Olympic betting odds for which countries will earn the most medals at the Summer Olympics 2024 according to one of our top sportsbooks, BetOnline. These Olympics medal odds may change as we close in on the event.

The above Olympics betting odds reflect each country’s anticipated performance based on its historical successes and the strength of its current athletes. The United States, with its strong track record, remains the favorite, while China is close behind.

Top Payment Methods For Online Olympics Betting

When betting on the Olympics, choosing the right payment method is crucial for a smooth and secure experience. Here are the top payment methods offered by leading betting operators:

• Cryptocurrencies: Popular for their security and anonymity, cryptocurrencies like Bitcoin and Ethereum offer quick transactions and low fees, making them a favorite among online gamblers.
• E-wallets: Options like PayPal, Skrill, and Neteller provide fast and convenient transactions. They are widely accepted and offer an extra layer of security by keeping your banking details private.
• Traditional Methods: These include fiat payment options like credit cards, bank transfers, cheques, etc. Although they are widely used in banking, payments via these methods usually take much longer than those using cryptos.

How To Sign Up With An Online Olympics Sportsbook

Signing up with an online sportsbook to bet on the Olympics is a straightforward process. Here’s a step-by-step guide to get you started:

Step 1: Choose a Reputable Sportsbook

Select a sportsbook that offers a wide range of Olympic markets. Look for user reviews, licensing information, and competitive odds to ensure you are choosing the best Olympics sportsbook.

Step 2: Register an Account

Click on the sign-up or register button and fill in the required information. This includes your name, email address, date of birth, and contact details. Also, make sure to provide accurate information to avoid issues during the verification process.

Step 3: Verify Your Identity

To comply with regulatory requirements, sportsbooks will ask you to verify your identity. This usually involves uploading a copy of your ID and a recent utility bill or bank statement. Verification ensures the security of your account and helps prevent fraud.

Step 4: Make a Deposit

Once your account is verified, proceed to the banking section to make your first deposit. Sportsbooks offer various payment methods, such as credit/debit cards, e-wallets, bank transfers, and cryptocurrencies. Choose your preferred method and follow the instructions to fund your account.

Step 5: Start Betting on the Olympics

With your account funded and any bonuses claimed, you’re ready to start betting. Navigate to the Olympics section of the sportsbook and explore the various markets. Place your bets and enjoy the excitement of the Olympic Games.

Olympic Betting Apps – Watch and Bet on the Go

Olympic betting apps offer a convenient way to place bets and follow the action wherever you are. These apps are designed to provide a seamless and intuitive betting experience, allowing you to access a wide range of Olympic markets with just a few taps on your smartphone or tablet.

One of the key features of top Olympic betting apps is high-quality live streaming. Many apps provide live streams of the Olympics, ensuring you don’t miss any of the action. This feature allows you to watch the games in real time and make informed in-play bets based on the unfolding events.

How to Bet on the Olympics – Expert Tips and Strategies

Betting on the Olympics can be an exciting and rewarding experience with the right approach. Here are a couple of Olympics betting tips to help you make informed bets:

✅ Know the Range of Bets Available

Understand the various types of bets you can place, from betting on favorites to underdogs. This knowledge helps you make strategic decisions based on the odds and potential payouts.

✅ Specialise

Focus on betting on the events you watch and enjoy. Specializing allows you to gain deeper insights and knowledge, improving your chances of making successful bets.

✅ Evaluate Each Country and Athlete

Research the performance history and current form of teams and athletes. Knowing their strengths and weaknesses can help you make more accurate predictions.

✅ Stay Up-to-Date with the Latest News

Keep abreast of the latest news, including weather conditions, injuries, and other relevant updates such as how the athletics track is acting – fast or slow? This information can significantly impact the outcomes of events and your betting strategy.

✅ Research and Analyze Game Data, Trends & Head-to-Head Records

Study game data, trends, and head-to-head records, including results from Olympic trials and heats. This analysis helps you understand past performances and predict future outcomes more accurately. Also refer to our expert betting guides.

✅ Know the Venue and Home Advantage

Consider the impact of the venue and home advantage. Host nations often perform better, as seen with Great Britain at the 2012 London Olympics. Understanding this can give you an edge in your betting strategy.

✅ Bet Small and Stick to Your Bankroll

Always bet small and adhere to your bankroll management plan. This approach minimizes risks and ensures you can continue betting responsibly over the long term.

Responsible Gambling

Responsible gambling is always important for a safe and enjoyable betting experience. It involves setting limits on the time and money spent on gambling, ensuring it remains a fun activity rather than a compulsive habit.

Many sportsbooks offer tools to help manage your gambling, such as deposit limits, reality checks, and self-exclusion options. It’s essential to gamble only with money you can afford to lose and to seek help from safe gambling agencies like the American Gaming Association if you feel your gambling is becoming problematic.

Conclusion: Our Top Olympics Online Sportsbook

Our guide contains only the best Olympics gambling sites, and each has been vetted and reviewed by our sportsbook experts. However, we have to nudge in the direction of BetOnline simply because it has the best sportsbook for Olympic betting. From the diverse markets and promos to the professional customer support you receive, while the generous bonus to get you going for Paris 2024 is the icing on the cake.

Olympic Betting Sites & Apps FAQs

Is it legal to bet on the Olympics online in the US?

Yes, as all the sites mentioned above are legal for Olympics betting and are available to use across the US.

Which is the best Olympics sports betting site in 2024?

BetOnline is the top-ranked sportsbook on our list and has the most diverse Olympics betting options to choose from.

Is it safe to use Olympics sports betting sites?

Yes, all of the Olympics gambling sites on our list are safe and secure, as they use robust security measures to protect members’ accounts.

Can I win real money at Olympics sports betting sites?

Yes, all of the sites mentioned above offer the chance to win real money from your bets.

What are the most popular types of Olympics bets I can place this summer?

There are plenty of exciting bet types you can use for your Olympics bets. Some users enjoy creating interesting bets with the best Olympic tennis odds or the best soccer betting odds while some prefer track and field events.