Olympics: USA the Betting Favourites Heading Into the Paris 2024 Olympics

Kahfeel Buchanan
By:
Kahfeel Buchanan
07/08/2024
Sports Betting News
mbca-news-article-general-01-1170x680
Olympics: USA the Betting Favourites Heading Into the Paris 2024 Olympics

Once every four years, the Olympics are here. A ton of sports betting sites are taking bets for the 2024 Paris Olympics right now. Bettors will find odds for everything from the 100m and basketball to breaking and surfing. The games begin on July 26, but bettors can start placing their bets now on the medal table and plenty of sports.

Quick Take

  • USA the betting favourites
  • Sports available to bet on and specials
  • Team Canada

USA looking to finish at the top of the medal table again

Sportsbooks have released a ton of betting options for the 2024 Paris Olympics that will start on July 26. The USA finished at the top of the medal table at the 2024 Tokyo Olympics with 113 total medals. They won 39 gold medals, 41 silver, and 33 bronze. This year, USA are the betting favourites to finish at the top of the medal table again. They have the best odds on all sports betting sites. On BetRivers, the USA are -670 betting favourites.

The Barcelona 1992 and Seoul 1988 Olympics were the last games the USA didn’t finish at the top of the medal table. China has the second best odds this year at +450. After that, there is a huge margin between the top two countries and the rest of the world. At +3300, France has the third best odds. Canada is tied for 10th with South Korea at +150000.

A ton of sports to bet on for the 2024 Paris Olympics

To find sports to bet on for the Olympics, head to the Olympics Games section of the BetRivers site. Basketball is a popular sport that bettors will find. BetRivers is taking bets for 3x3 basketball and traditional five on five basketball. The Canadian men’s team is among the betting favourites to win gold for five on five. The USA are the betting favourites to win at -400. Canada is currently tied for second at +900 with France. Serbia has the best odds to win the 3x3 basketball gold medal with +175 odds.

There are a ton of sports to choose from on BetRivers. Bettors will find odds for tennis, soccer, swimming, golf, beach volleyball, cycling, field hockey, handball, modern pentathlon, rugby sevens, surfing, and volleyball. But the sportsbook is also taking bets for breaking, for B-Boys and B-Girls. Canada’s Philip Kim has the second best odds to win gold. Kim has +225 odds. USA’s Victor Montalvo is the betting favourite. Montalvo has +115 odds.

This is the first time breaking will be an event in the Olympics. This is also an opportunity for Kim or one of the other breakers to make history by winning the first Olympic gold medal for breaking. Bettors may find more sports to bet on with another sportsbook, but you won’t find many sportsbooks with more options for the Olympics than BetRivers right now. There are some Olympic specials available that give bettors the chance to bet on records.

Team Canada

Of the Olympic sports offered on BetRivers, team Canada doesn’t have great odds to win much outside of basketball, breaking, and athletics (track and field). Andre De Grasse is at +3300 to win the 100m, tied for 10th. He has +1800 odds to win the 200m, good for fifth. Canada finished 11th in the medal table for the 2020 Tokyo Olympics. Canada had seven gold medals, seven silver, and 10 bronze.