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Olympics Betting Sites: Everything You Need to Know
Olympic betting is the spark that turns international competition into pure adrenaline. Putting some money on the line can make it even more thrilling to watch the best athletes in the world go head-to-head.
If you’re excited about the upcoming games, read on to find the best places to bet on the Olympics. We’ll discuss what makes each betting site stand out, the most popular events to wager on, and a step-by-step guide for getting started.
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Best Olympics Betting Sites
- Bovada – Best Olympic Betting Site
- BetUS – Best Olympic Betting Site for Beginners
- EveryGame – Best Olympic Betting Site Welcome Bonus
- BetOnline – Best Site for Olympic Prop Bets
Bovada Best Olympic Betting Site
Bovada consistently ranks as one of the top offshore sportsbooks, especially when it comes to Olympic betting. This site opens its markets well before the torch is lit, offering bets on a diverse range of events. You can find wagers for everything from team sports like soccer and basketball to individual competitions like track and field or gymnastics.
Beyond standard Olympic markets, Bovada also offers plenty of unique betting options. For the Paris 2024 games, they had extensive odds for potential world record-breakers and daily specials for both men’s and women’s sports. The site also debuted its Bovada Olympic Pick ‘Em competition. Participants predicted medalists—gold, silver, and bronze—for 15 events and earned points based on accuracy. Those in the top three positions claimed a few special bonuses.
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- Bonus: 125% up to $1250
- Visit Site
- Read Review
BetUS Best Olympic Betting Site for Beginners
If you’re new to Olympic Games betting, BetUS makes it easy to get acquainted. Sign-up only takes a few minutes. Simply enter a few personal details, such as your name, email address, and zip code, and confirm that you’re over 18.
Once you’re in, the site also has a very easy-to-navigate interface. The left-hand menu lets you easily access all the various sports, special markets, boosted odds selections, and more. BetUS also offers comprehensive guides on choosing and placing bets for the Olympics, along with expert analyses and market insights.
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- Bonus: 125% up to $2,500
- Visit Site
- Read Review
EveryGame Best Olympic Betting Site Welcome Bonus
Everygame’s welcome bonus is just what you need to step into Olympic betting. You can get even more—up to $1,000 in bonus funds—when you deposit with cryptocurrencies like Bitcoin, Bitcoin Cash, and Litecoin. Everygame’s terms are also accessible and straightforward, with just an 8x wagering requirement and minimum odds of -200.
Everygame also runs several other promotions. Popular ones throughout the Olympic period are parlays, free bets, reload offers, and price increases on select markets.
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- Bonus: 125-150% up to $5,555
- Visit Site
- Read Review
BetOnline Best Site for Olympic Prop Bets
One of the best ways to explore prop bets is through a platform dedicated to offering the best props around. The gold medal betting site in that department goes to BetOnline. The site neatly organizes Olympic divisions in alphabetical order. Popular events like basketball, swimming, and gymnastics feature prominently. Each comes with detailed props like “player to score most points” or “gymnast to win all-around.” BetOnline also has a built-in “Prop Builder” to combine selections into high-risk, high-reward parlays.
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- Bonus: 50% up to $1,000
- Visit Site
- Read Review
How We Select the Best Olympic Betting Sites
Our expert reviewers explore Olympic sportsbooks firsthand, just like a regular user. We evaluate every aspect of a site to ensure it’s a safe gambling platform with extensive coverage, enticing bonuses, and more. Here’s how we do it:
Number of Olympic Sports Featured
We look for betting sites offering a wide range of Olympic sports, so you can find the markets you’re looking for. Beyond mainstream events like basketball and soccer, we look for niche disciplines like fencing, wrestling, and equestrian racing.
Olympic Sports Market Variety
We prefer sites with plenty of betting markets, such as medal counts, specific event winners, or even under-the-radar matchups. The more options you have, the more ways you can play, and that’s a big win in our book.
Olympic Betting Features
We check whether sites offer extra tools that let you better interact with the game. These include livestreaming, bet builders, and cash-out options. We also give extra points for same-game parlays, prop builders, and exclusive contests.
Olympic Bonuses and Promotions
Betting on the Olympics is even more exciting when you start with a bigger bankroll than expected. We love sites offering generous welcome bonuses and Olympic-specific promotions like enhanced odds, complimentary bets, and cashback opportunities.
Popular Olympic Sports to Wager On
The best Olympic betting sites offer wagers on every game you can think of. Still, some sports draw more attention than others since they’re also major league sports year-round, not just during the Olympics. Here are five of the most popular:
Basketball
Basketball is a heavyweight in Olympic betting, largely because of its NBA backbone. Many bettors are already well-versed in NBA odds and lines like point spreads and over/unders. This makes for a smoother transition to betting on Olympic basketball than other sports like wrestling or swimming.
Soccer
Soccer’s global popularity makes it another hot pick for Olympic betting. Olympic soccer’s unique format, featuring the best upcoming under-23 players mixed with three seasoned veterans, also makes for unique betting markets.
Tennis
Olympic tennis brings together the world’s top players from different tours and grand slams for thrilling matchups. Its straight knockout format also makes it more exciting and unpredictable than prolonged tournament matches. Markets range from straightforward moneylines to more complex bets like set scores and total games.
Golf
Golf returned to the Olympics in 2016 after over a century off the roster. Olympic golf’s consistent 72-hole tournament format lends itself well to betting analytics. Bettors love watching their favorite pros vie for medals, while the sport’s infrequent Olympic appearances add an exclusive edge to the betting experience.
Gymnastics
Gymnastics is a widely covered and dramatic sport, especially with recent star athletes like Simone Biles and Sunisa Lee. Sites like Bovada and BetUS break down the complex scoring system through their detailed guides for easy betting. Markets span individual and team performers, including all-around, team finals, and qualifications.
How to Bet on the Olympics
Betting on the Olympics is simple once you get the hang of it. Let’s go through it step-by-step, using Bovada as an example.
Once your account is set up, log in using your username and password. Then, make your first deposit using your preferred payment method.
Look for the “Sports” section on the homepage via the top navigation bar. Click on it, then select “Olympics” from the list of categories. Alternatively, you can try to locate it directly from the left-side menu.
Within the Olympics section, you’ll see a list of disciplines. Choose the one you’re interested in and click on it to see the available matches and betting markets.
The available markets will depend on the chosen sport. Common ones may include “winner of the match,” “to win gold,” or “total medals.” You’ll see the current odds listed next to each option. Review these, then click to add them to the betting slip and understand potential payouts.
Once you’re happy with your selections, enter the amount you wish to bet on the bet slip. You can choose between straight bets, parlays, or systems like a Round Robin.
Before finalizing, review your bet for accuracy: the event, your selected market, the odds, and your bet amount. If everything looks good, click the “Place Bets” button to confirm your wager.
After placing your bet, you can track its progress in the “Transactions” section of your account. Once the events conclude, this area will show your open bets, their status, and detailed outcomes.
If your bet comes in, the site automatically credits your winnings to your account. You can leave the money there for future bets, start a withdrawal process, or even use it to play poker or online casino games.
Start Your Olympics Betting Journey
Ready to bet on the Olympic Games? Start by sharpening your understanding of the events you’re interested in and getting familiar with common markets. Set a budget that won’t strain your finances if you lose. Then, choose from our list of the best Olympic betting sites—consider features like market variety, live betting options, and user-friendly interfaces.
Bovada stood out among the top contenders for its early market opening and unique betting opportunities for Olympic events. BetUS is perfect for beginners; the site is very straightforward and has several comprehensive guides to get you started.
If you’re after a generous welcome bonus, give Everygame a go. BetOnline is another viable option for exploring prop bets due to its detailed market setup and Prop Builder tool.
Creating an account is free, so you have nothing to lose by checking out different platforms to find the one that best meets your preferences.
