The 2020 Summer Olympics were postponed a full year due to the COVID-19 pandemic, but the games are now finally underway. Betting options on this year’s Olympics, which is being hosted by Japan in the city of Tokyo, are plentiful as the games get started. Here we will look at updated Olympics odds from the top US sportsbooks, such as DraftKings Sportsbook, FanDuel Sportsbook, BetMGM and more.
Olympics odds
Odds for the Summer Olympics are up and available to wager on at top US sportsbooks. CLICK HERE FOR OLYMPICS BETTING COVERAGE ON INDIVIDUAL SPORTS Here are the Summer Olympics odds for most gold medals.
And here are the Summer Olympics betting odds for most total medals.
Gold medal count
One of the most straightforward bets you can make on the Olympics is on which country will win the most gold medals. At most sportsbooks in 2016, the US was around a -600 favorite to win the most golds. There will also be Over/Under markets on how many medals individual countries will win. For instance, in 2016 the total for the US was set around 103.5 at most books. A bet on Team USA to win the most gold medals and the most total medals would have been a winner five years ago. The US brought home 46 gold medals and 121 total. Great Britain was second in terms of gold medals won with 27, and China had the second most overall medals with 70. An Over bet on Team USA’s total medal count also would have been a big winner.Best Olympics betting sites
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List of events
Here is a list of Tokyo 2020 Olympic events, many of which will have betting markets:- Archery
- Artistic Swimming
- Athletics
- Badminton
- Baseball
- Basketball
- Boxing
- Canoeing
- Cycling
- Diving
- Equestrian
- Fencing
- Field hockey
- Golf
- Gymnastics
- Handball
- Judo
- Karate
- Modern pentathalon
- Rowing
- Rugby sevens
- Sailing
- Shooting
- Skateboarding
- Soccer – Men’s
- Soccer – Women’s
- Softball
- Sport climbing
- Surfing
- Swimming
- Table tennis
- Taekwondo
- Tennis – Men’s
- Tennis – Women’s
- Triathlon
- Volleyball
- Water polo
- Weightlifting
- Wrestling
Opening odds
Here are how the original odds looked at DraftKings Sportsbook for most gold medals and most total medals.Most Gold Medals
| Country | Odds |
|---|---|
| USA | -1200 |
| China | +600 |
| Japan | +2500 |
| Great Britain | +2500 |
| Russian OC | +2500 |
| Germany | +20000 |
| Australia | +20000 |
| Netherlands | +20000 |
| France | +25000 |
| South Korea | +50000 |
| Canada | +50000 |
Most Total Medals
| Country | Odds |
|---|---|
| USA | -1000 |
| China | +450 |
| Russian OC | +2000 |
| Great Britain | +4000 |
| Japan | +5000 |
| Germany | +20000 |
| Australia | +20000 |
| Netherlands | +20000 |
| France | +25000 |
| South Korea | +50000 |
| Canada | +50000 |