How To Bet On Olympics 2024: A Complete Betting Guide

Summer Olympics fever is already in Paris, and players are arriving at France’s beautiful fashion-fiesta capital city. The torch bearers relay is already in progress and will continue till July 26, 2024. There will be 10,000 torch-bearers for this Summer Olympic Games. The opening ceremony for the Paris Olympics 2024 will be held on July 26 this year at 08:24 p.m. or 02:24 p.m. ET at Seine River.

NBC Universal has clinched the rights to air Olympic games until 2032. They have become the official partner alongside the live-streaming channel Peacock. 10 million tickets for the Olympic Games are already sold.

If you are new to Olympic sports betting, read this guide to get a better understanding.

Expected Bets for the 2024 Olympic Games

According to an expert report, the US has the maximum odds to win medals in every sport. The over and under for the US is 39.5, China-34.5, and France 24.5. Bettors are eyeing these teams for maximum benefit in the betting spree. The USA team has already won the past 7 Olympic games, so they are the favorite country among bettors to win, followed by China and host country France.

The favorite basketball game is the USA, and they are predicted to clinch the gold medal straightaway. For Gymnastics, Simone Bills is seen as the favorite individual for bet. If she wins, she will be the most decorated American gymnast in the country with maximum Olympic medals. The bettors will favor the American Gymnastics team over China, France, and Brazil.

For the track game, players Sha’Carri Richardson and the young speedster Noah Lyles are the favorites to bet on. Richardson is expected to have a 61% chance to clinch the gold medal in the track event. The Swimming game is all drawn towards Katie Ledecky as the favorite player.

The 2024 Paris Olympic Games will host 329 events from 32 sports. Breakdancing is the first-ever event included in this year’s Olympics.

Which Olympic Sports You Can Bet On?

You can bet on almost 32 sports present in the Olympic event. However, bettors can bet on different sports with various bookmakers. Only a few reputed Singaporean bookmakers will provide an opportunity to bet on maximum sports. There are a few multi-disciplinary and multi-event sports that you must check with your sports betting site.

The sports included in this year’s Olympic Games include Aquatics (different forms of swimming), Archery, Athletics, Badminton, Boxing, Breakdancing, Basketball, Canoe, Equestrian and Cycling having multiple disciplines, Football, Fencing, Gymnastics (includes different forms), Golf, Hockey, Handball, Judo, Hockey, Rowing, Modern Pentathlon, Sailing, Rugby, Shooting, Skateboarding, Surfing, Sport Climbing, Taekwondo, Table Tennis, Triathlon, Tennis, Weightlifting, Wrestling and Volleyball (will be including multiple disciplines). 

Choose to bet on your favorite game at any of your favorite Singaporean sports bookmakers. Check out our section on how to bet on the Olympic Games to get a fair idea about betting.

How To Bet On Olympic Games?

If you are a pro or seasoned player looking forward to making some gains in the 2024 Paris Olympics, Here are a few important steps to take to bet on your favorite sports from the Olympic Games.

1. Pick a Reputed Sports Betting Site

With hundreds of Singaporean bookmakers available online, pick a trustworthy and licensed online sports bookmaker.

2. Sign Up

If you are already a registered member, sign in with your username and password. If not, create a new account by clicking on the register button on the sports betting site. Enter your credentials and required personal and financial details to get started.

3. Choose Your Favorite Sport

Check out the sports section of the sports betting site. Now, choose your favorite Olympic sports you want to bet on. If there are multiple events, check out the dates for each.

4. Make a Bet Deposit

Deposit the funds to play the Olympic sportsbook at the online casino Singapore site. Use the various types of payment methods provided. Fund your account and start betting. If any special bonus codes are given, enter that to get a discount.

5. Place Your Bets

Find your sports and bet on it. Your bets will be displayed on the sports bookmaker’s bet slip section. If you win, you can withdraw your winnings.

Wagering Options Available at Paris Olympics 2024

The Sports bettors can read through different betting lines and bet on various options as follows:

• Over/Under Bets: Check out the number of bets that can be over or under for a specific country. If you bet on the USA, the over and under is provided 39.5. If your bet is above it, you can win if they clinch medals over this point. If their medal tally is under this point, and you bet under, then you clinch a win.
• Event Bets: This is a thrilling bet type for the Olympics. If you are betting on basketball, football, tennis, etc., you must predict the event’s outcome for a particular country or player. If your prediction is right, you win the bet.
• Moneyline Betting: It is a straight bet on a team in your favorite sport. You have to bet on whether a particular team will be a winner. It is more of choosing a favorite or the underdog. If your favorite team wins, you win this bet. However, do study the underdog team, too.
• Live Betting: If you choose a casino, check if they offer live sports betting. It makes future betting easier since you can live-stream the matches and check the performances of players and teams. You can bet by checking the varying odds during the live matches. It can be a win-win situation for you.

Where to Bet On the Olympic Games?

If you are a betting enthusiast keen to bet on various Olympic sports, visit Maxim88. This Singaporean site offers exclusive bonuses and packages for the Olympic games. 100% match bonus up to SGD500 with a minimum deposit of SGD50. This casino platform is also secured and licensed and offers fairplay gambling. You can pay through modern payment methods and get live chat support 24*7. Do read their bonus terms and conditions for Olympic events.