Tokyo Olympics Soccer Odds: Brazil Slim Favorites Over Spain For Gold

Posted By Brett Gibbons on August 2, 2021 - Last Updated on August 3, 2021

And then there were two. Brazil needed penalty kicks to defeat Mexico in the semifinals and will take on Spain for the gold medal. Brazil and Spain have been strong favorites for the entire Olympic cycle.

It’s worth noting that in Olympic Men’s Soccer, players over the age of 23 are not allowed on rosters as to not overshadow the FIFA World Cup. All rosters of qualifying teams will be U23 rosters.

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Tokyo Olympics Soccer Odds

The tournament is nearly in the books. Brazil takes on Spain for the gold medal while Japan takes on Mexico for bronze.

Brazil is a slight +145 favorite over Spain at DraftKings Sportsbook. While offense has been sparse for Brazil, they have yet to allow a goal in the knockout stage and surrendered just one PK to Mexico. Meanwhile, Spain has scored six goals in the knockout stages while allowing two.

Both Mexico and Japan played their semifinal matches closely, but will ultimately compete for bronze. Mexico (+165) is a favorite, but the line is nearly indiscernible (Japan +180).

Men's Soccer–Gold Medal match
Men's Soccer–Bronze Medal match

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Format And Rules

In the opening Group Stage, 16 teams are divided into four groups. Each team plays the other three teams in its group once. A victory in the Group Stage counts for three points, a draw counts for one point, and a loss means zero points.

After three Group Stage matches, the top-two teams in points from each group advance. If there is a tie in points, the first tie breaker is goal differential. The second tiebreaker is goals scored.

Following the Group Stage is the Knockout Rounds. From here, matches are single elimination. In addition to the gold medal game, the two teams that are defeated in the semifinals will face each other for the bronze medal.

Men’s Soccer Groups (Bolded Indicates Advancing Team)

  • Japan, South Africa, Mexico, France
  • New Zealand, South Korea, Honduras, Romania
  • Egypt, Spain, Argentina, Australia
  • Brazil, Germany, Ivory Coast, Saudi Arabia

Knockout Round


  • Mexico 6–3 South Korea
  • Brazil 1–0 Egypt
  • Japan 0(4)–0(2) New Zealand
  • Spain 5–2 Ivory Coast


  • Brazil 0(4)–0(1) Mexico
  • Spain 1–0 Japan
  • Bronze Medal match (August 6)
    • Mexico vs. Japan (7:00 a.m. EDT)

Gold Medal match (August 7)

  • Brazil vs. Spain (7:30 a.m. EDT)

How To Watch

Group Stage: Thursday, July 22 – Wednesday, July 28.
Quarterfinals: Saturday, July 31
Semifinals: Tuesday, August 3
Bronze Medal Match: Friday, August 6
Gold Medal Match: 7:30a ET Saturday, August 7

TV: Official TV schedules have yet to be released, but men’s olympic soccer will be on NBC’s family of networks

Previous Olympic Men’s Soccer Results

YearGold MedalSilver MedalBronze Medal
2012MexicoBrazilSouth Korea
1988Soviet UnionBrazilWest Germany
1980CzechoslovakiaEast GermanySoviet Union
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