Gymnastics Betting Guide: Odds And How To Bet During Summer Olympics

Gymnastics is arguably the most popular sport in the Summer Olympics. NBC’s TV ratings typically peak when the women's team takes to the mat. The many gymnastics events taking place in the 2024 Paris games are getting plenty of eyeballs, as well as betting interest. Select sportsbooks in select US markets are setting gymnastics odds for the Summer Olympics.

Sportsbooks like DraftKings have pools available, in which you can win thousands of dollars if you correctly predict what will happen in select gymnastics events. Come back here for the latest gymnastics pools from the top US sportsbooks.

Gymnastics odds

More women’s and men’s gymnastics Summer Olympics odds will be posted soon at sportsbooks in select markets. We will provide those odds below when they are made available.

Women's Gymnastics Odds for Individual All-Around

Women's gymnastics odds for the Individual All-Around competition have been made available. USA's Simone Biles opened as the favorite at -500.

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Women’s Gymnastics

Team USA has been finalized as Simone Biles, Suni Lee, Jordan Chiles, Jade Carey and Hezly Rivera will all take part in the team competitions in Paris.

Biles is the headliner here as she is back for her third Summer Games. The top gymnast of her generation has won seven Olympic medals, including four golds.

Men’s Gymnastics

The 2024 US men's gymnastics team in Paris will comprise of Asher Hong, Paul Juda, Brody Malone, Stephen Nedoroscik, and Frederick Richard. Khoi Young and Shane Wiskus are the traveling replacement gymnasts.

How to bet on the Olympics

The most straight-forward way to bet on the Olympics is via a moneyline bet. Those wagering simply choose a country or individual athlete to win an event/gold medal.

For instance, Simone Biles might be favored -250 to win the gold medal. Because Biles is the favorites to win, your return for betting her to win would be minimal. At -250 odds, a $20 bet on Biles to win would net you just $8 if she came through.

Many bettors prefer betting “plus-money” because of the better potential returns. For instance, Jordan Chiles might be +300 to win the gold. A $20 bet on Chiles to win at +300 odds would get you a $60 win and an $80 payout.

Other ways to bet on the Olympic games will include individual medal counts and country-by-country medal counts.