A Guide to Olympic Betting

The Olympics is one of the most crucial tournaments on the sports calendar. Thus, it is not surprising that many people engage in Olympic betting. The good news is that you have more than two years to prepare for the next Summer Games. Here’s a guide that can help you achieve your Olympic wagering goals.

The Olympics takes place every four years. It attracts talented athletes from across the globe. In addition, fans go to the host city to watch the games. Only the pandemic stopped them from doing so in Japan.

The Summer Games has many events, including soccer, basketball, skateboarding, and more. Also, most sports betting sites offer lines for most Olympic events. As a result, players can find an event they can wager on.

Olympic Betting Tips

Many players love betting on Olympics futures. Online sportsbooks will offer futures betting options as the Summer Games near. Additionally, some sports wagering sites have futures a year before the Games.

The most common futures are medal counts. Sportsbooks would publish odds on which country would win the most medals before the start of the Summer Games. For instance, the US with -3000, the UK with +4500, and Japan with +6600, to name a few.

Aside from betting on the nation with the most medals, you can also bet on Olympics totals. The sportsbook will publish a totals number, and you wager whether the country will win over or under the number.

Lastly, you can opt for head-to-head betting that pits two nations against each other. Again, there will be a favorite and an underdog. Also, you only need to pick which country will have more medals. Additionally, the payout depends on the odds listed on the wagering line.

There’s a way how to tell if you are using a good sportsbook. It will have Olympic features a couple of months before the Olympics. So make sure you follow our guide to improve your chances of winning.

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