There are many excellent Olympics betting sites offering odds on the 2024 Games in Paris. In this guide, we’ll reveal the best examples available to bettors in the United States, popular betting lines, top tips to help you get started, and more.
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Comparing the Top Olympics Betting Sites
Before we dive into our detailed reviews, here’s a key features overview of our recommended Olympics betting sites.
Olympics Betting Site | Best For | Welcome Bonus | Promo Code | Sports | Payment Methods | Sports Betting App |
BetOnline | Live Betting | 50% deposit bonus up to $1,000 | BET1000 | 30+ | Debit/credit cards, cryptocurrencies, bank wire, money order, cashier’s check | ✅ |
BetWhale | Sportsbook Welcome Bonus | Welcome bonus Up to $1,725 | N/A – Claim Here | 25+ | Debit/credit cards, cryptocurrencies | ❌ |
Bovada | Fast Payouts | 75% deposit bonus up to $750 | BTCSWB750 | 30+ | Debit/credit cards, cryptocurrencies | ❌ |
Everygame | Parlay Boosts | 100% deposit bonus up to $500 | WECOME500 | 20+ | Debit/credit cards, cryptocurrencies, e-wallets, vouchers, bank transfer | ❌ |
TG.Casino | User-Friendly Betslip | 200% Welcome Bonus Up To 10 ETH | N/A – Claim Here | 40+ | Cryptocurrencies | ❌ |
Best Summer Olympics Sites Reviewed
It’s time to learn more about the best Olympics betting sites available in the United States, courtesy of the following expert reviews.
1. BetOnline – Best Olympics Betting Site in the US
- Founded: 2004
- Payout speed: Processed within 12 hours
- License: Panama
- Sports 9/10 – BetOnline has a strong focus on US sports with the best odds on basketball and football. The site has broad general coverage, especially for the Summer Olympics with 20+ sports and markets to explore.
- User Experience 10/10 – The site has a classic layout with quality live betting console, and it is highly intuitive, making it perfect for both newcomers and experienced bettors.
- Promotions 9/10 – There’s a solid welcome bonus and selection of regular promos for existing bettors including odds boosters and risk-free live bets.
- Payments 9/10 – This is one of the country’s fastest-paying sportsbooks with primarily cryptocurrency options.
There’s no better option for live betting on athletics, or indeed any of the most popular Olympics events.
When it comes to Olympics sports betting sites, BetOnline takes the gold medal. With competitive odds on more than 30 international sports, it’s easily one of the best offshore sportsbooks for US bettors.
There are more futures markets for the Olympic Games than any other site, plus they’re up on the site well ahead of time.
2. BetWhale – Top Sportsbook Bonus
- Founded: 2023
- Payout speed: Processed within 48 hours
- License: Anjouan
- Sports 8/10 – BetWhale provides a solid selection of sports and markets including Olympics betting.
- User Experience 9/10 – It has an easy registration process and responsive mobile site.
- Promotions 10/10 – The operator has one of the best sportsbook welcome bonuses in the US with reasonable minimum deposit and wagering terms.
- Payments 9/10 – You will find a great selection of fast withdrawal options including cryptocurrency.
Have a whale of a time with one of the biggest online sportsbook bonuses in the country.
Fly out of the blocks with BetWhale’s huge welcome bonus, then get stuck into dozens of the world’s most popular sports. The mobile site is extremely intuitive, but it’s customizable too, allowing you to change the layout and odds display however you see fit.
This is also one of several bookies offering lightning-quick crypto cashouts that would give Usain Bolt a run for his money.
3. Bovada – Olympics Betting Site With Fastest Payouts
- Founded: 2011
- Payout speed: Processed within 24 hours
- License: Curaçao
- Sports 9/10 – For the Summer Olympics, you’ll find an array of markets covered from cycling, hurdles, medals, and plenty more. Overall, there’s a strong selection of the world’s most popular sports and US competitions like NBA and NFL.
- User Experience 9/10 – It is an extremely easy site to use on both mobile and desktop devices.
- Promotions 8/10 – Healthy selection of parlay boosts and loyalty rewards, but not the biggest signup offer.
- Payments 8/10 – Among the fastest-paying crypto sites, but has limited alternative options.
Very few online sports betting sites pay withdrawals as quickly as Bovada. Same day payouts are the norm.
This is another one of our favorite Olympics betting sites that’s known for speedy payouts. Expect to receive winnings by bitcoin within 24 hours. The user interface is clean and minimalist, with arguably the best betslip of any online sportsbook.
Bovada is also among the best in the country for soccer betting, Olympics or otherwise, with generous odds and a sizable selection of lines.
4. Everygame – Reputable Sportsbook With Regular Parlay Boosts
- Founded: 1996 (as Intertops)
- Payout speed: Processed within 48 hours
- License: Curaçao
- Sports 7/10 – For the Paris 2024 Olympics, you can wager on Olympic teams, sports and events. There are some betting markets already available, with more to be added closer to the start date. Don’t forget to make use of the live betting console.
- User Experience 8/10 – Website looking a little tired and could use a slight update, but it is very easy to use.
- Promotions 10/10 – Few US sportsbooks can match the variety of promotions here.
- Payments 9/10 – Trustworthy site that pays very quickly with a wide selection of banking options.
One of the oldest online sportsbooks in the country, Everygame’s reputation speaks for itself.
Everygame isn’t the biggest sportsbook, but it’s certainly one of the oldest and most experienced.
With a reputation for timely payouts and competitive odds, it’s also one of the best online sportsbooks for parlays. Look out for the regular Parlay Boost promotions, for instance, on all Olympic events from women’s basketball to men’s soccer.
5. TG.Casino – Crypto Betting Platform with Intuitive Betslip
- Founded: 2023
- Payout speed: Processed within 12 hours
- License: Curaçao
- Sports 10/10 – Despite its name, TG.Casino has an unmatched selection of sports available for betting. While the 2024 Olympics betting markets are bare at the moment, we can expect competitive odds and more in the upcoming weeks.
- User Experience 8/10 – Website is decent, but the site is primarily a casino as it is the first thing you’ll see. You’ll have to do a bit of navigating to launch the sportsbook interface.
- Promotions 7/10 – Bonuses are also casino-centric with no distinct sportsbook signup promotion. This is an aspect they can improve on in the future.
- Payments 8/10 – Fast payouts with various cryptocurrency tokens, including BTC, ETH, and LTC.
Bet on more than 40 different sports, both pre-game and live, as well as Olympics futures.
The newest brand on our list of top betting sites for Olympics markets, TG.Casino only launched in 2023. However, this cryptocurrency platform has quickly earned a reputation for fast payouts with 13 different crypto tokens.
In addition to comprehensive Olympics coverage – including great odds on total medals betting – we’re not aware of an online bookmaker that offers more sports.
Most Popular Summer Olympic Sports
The Olympic Games is a real celebration of sport, bringing together athletes and fans worldwide.
A total of 32 sports were placed on the Paris Summer Olympics program, but of course, some are more popular than others.
Let’s run through the highlights when it comes to Summer Olympics sports.
Gymnastics
There’s never been a Summer Olympic Games without gymnastics, although for the first 32 years, only men could take part.
Artistic gymnastics, which includes events like the parallel bars and pommel horse, was first opened to female athletes at the Amsterdam Games in 1928.
No other gymnast, male or female, has claimed more Olympic golds than Larisa Latynina of the Soviet Union. She bagged a stunning haul of 14 medals between 1956 and 1964, including nine top prizes.
Her multiple golds came in the individual all-around, team all-around, floor exercise and vault.
In more recent times, the USA’s Simon Biles has gripped the sport. She secured an incredible four golds and a bronze at the 2016 Games alone.
Swimming
Another ever-present at the Summer Olympics, there are currently 37 swimming events on the program. One of those is a mixed 4×100 meter relay, with 18 different competitions each for men and women.
The United States has traditionally dominated swimming at the Olympics, consistently outperforming every other nation since 1992.
That’s thanks in part to the likes of Michael Phelps, the most decorated Olympian in history, with 28 medals.
Chris Guiliano, another American swimmer, will be hoping to make a splash in Paris. Most Olympics betting sites rate him as fourth-favorite for the Men’s 100m Freestyle, at odds of around +1200.
Athletics (Track & Field)
The showpiece event of any Olympic Games is the men’s 100m sprint. It’s produced some incredible excitement, drama and controversy over the years, not to mention larger-than-life characters.
Ahead of Paris, Florida’s own Noah Lyles is favorite to break the tape first. The best Olympics betting sites have him priced at around +150 to claim gold.
There’s more to track and field than sprinting, of course.
Long-distance running races are some of the most-watched events, but this sport encompasses everything from walking and jumping events, to throwing the hammer, discus and javelin.
Soccer
It may be the world’s most popular sport, but soccer often takes a backseat during the Olympics. That’s because age restrictions on squad players mean that most countries don’t take their superstars into tournaments.
So, you might think you know how to bet on soccer already. But it’s important to factor the maximum age of 23 into the equation before wagering on the 2024 Summer Olympics.
Despite this, fans of the beautiful game still love to watch the Olympics tournament. Some of the world’s best nations, such as Brazil and Argentina, take it very seriously.
Besides, the Olympics is a great way to view some of the world’s best up-and-coming players.
Basketball
First introduced to the Olympics in 1904, basketball didn’t appear again until 1924. Only in 1936 did the sport manage to consistently hold down a place on the program.
Predictably, the United States has dominated basketball at the Games, with an incredible haul of 16 gold medals.
That’s why you won’t find outright odds much better than -450 for the men’s team, even at the very best Olympics betting sites.
Women’s basketball came along in 1976 and, just like the men, the USA tends to clean up. They’ve taken nine of a possible 12 gold medals at past Games, and are huge favorites ahead of the 2024 edition.
Volleyball
A consistent feature of the Summer Olympics since 1964, for both men and women, the USA has a reasonably good volleyball record.
Only Brazil and the Soviet Union can boast as many gold medals in the men’s tournament, with three each.
The women’s team is on something of an upward curve. After claiming two silvers and a bronze from 2008 to 2016, they finally took their first gold medal in Tokyo.
They’ll be looking for another big performance in Paris, and are among the favorites to win.
Other Sports
Team sports are often popular with bettors during the Olympics. Look out for handball, rugby and water polo, for instance.
Expect Denmark, Norway and Sweden to be among the favorites to win the handball tournament, as this sport is hugely popular in Scandinavia.
Tennis is agood to watch at the Olympics, too, as it draws out the world’s biggest names. The USA hasn’t claimed gold in the men’s tournament since Andre Agassi in 1996.
However, Serena Williams followed in her sister’s footsteps in 2012, taking the top spot in London.
Other popular betting events include table tennis, weightlifting, badminton and archery.
There are also a couple of exciting new Paris 2024 Olympics sports to watch out for, such as competitive breakdancing.
You can learn about the top 10 weirdest Olympic sports that were introduced to the schedule over the years.
Betting Markets on the Olympics Games
Once the Games get underway, the majority of events will be available for live betting, just like any big sporting event.
Here are some of the most popular markets to look out for at our recommended Olympics betting sites.
- Fast online payouts with zero fees
- Live streaming available for in-play betting
- 24/7 live chat customer support
- BetOnline odds boosts available every day
- Live betting available on all major sports
- Excellent sportsbook 101 tutorial section
- Reload bonuses available for all deposits
- News section with expert views and predictions
- Early cashout option available on most wagers
History: The Olympic Games
The history of the Olympic Games dates back more than 2,000 years, when the ancient Greeks held events to honor their deities.
These Olympiads took place every four years, just like the modern Games, but they also included cultural events, including poetry and theater.
In 393 AD, the Romans banned the Olympics on the basis that they encouraged pagan practices. They would not be revived until 1896.
Two years before the first modern Olympics, Baron Pierre de Coubertin held a congress of 2,000 people. Delegates from 13 different international sporting bodies attended, and the rest is history.
Women were invited to take part in the second Games, held in Paris in 1900, though just 22 of the 997 athletes were female. In 1924, the first ever Winter Olympics was held in Chamonix, France.
When is the Next Summer Olympics?
The next Summer Olympics is slated to begin on Friday July 26, 2024, in Paris, France.
In 2028, the Summer Olympic Games head to Los Angeles in the United States.
Before that, however, Milan will host the 2026 Winter Olympics.
Team USA vs Rest of the World
Team USA is favorite with all online betting sites to win the most medals in total, as well as the most golds. Only China poses any real threat to the dominance of the USA.
Basketball is one particular sport in which the USA is expected to control, with a superstar roster for both the men and women’s teams.
Although the much-discussed Caitlin Clark hasn’t made the cut for the women, she is on the standby list.
The men are taking Lebron James, Kevin Durant, Steph Curry and Kawhi Leonard, among others.
Olympic Countries with the Most Medals and Olympic Odds
No country has claimed more Olympic medals than the USA. Ahead of Paris in 2024, the total stands at 2,959 combined Summer and Winter Olympics medals.
Only Norway can boast more golds at the Winter Olympics, while no other nation even comes close at the Summer Games.
The USA has won 1,061 Summer golds, compared to the Soviet Union’s 395 and Britain’s tally of 284.
Naturally, this record shapes the Olympics odds found at bookmakers. America is a heavy favorite to secure the most medals once again.
Country | To Win Most Medals (Total) | To Win Most Gold Medals |
USA | -2000 | -600 |
China | +1000 | +400 |
Great Britain | +5000 | +10000 |
Japan | +5000 | +10000 |
France | +10000 | +5000 |
Italy | +25000 | +50000 |
Australia | +25000 | +25000 |
Germany | +25000 | +25000 |
Netherlands | +35000 | +15000 |
South Korea | +100000 | +100000 |
The above odds are taken from BetOnline, our number one Olympics betting site.
Bonuses Offered by Olympic Betting Sites
Major events like the Olympics are a great time for sports bettors, due to the many promotions which pop up.
Here, we’ll discuss some of the most common bonuses on offer at popular Summer Olympics betting sites.
Welcome Bonus
All online sportsbooks feature some kind of signup incentive for potential new customers. They simply have to, with so many sites to choose from.
The most common type of welcome bonus is a deposit match, which we’ll discuss shortly. However, you might also find free bets or second chance offers.
Many sites combine multiple offers into a welcome pack, which could extend to other areas. If your chosen sportsbook also has a casino, for instance, the bonus may also include free spins on selected slots.
Best Olympics betting site for welcome bonus: BetWhale
Match Deposit Bonus
The majority of our recommended Olympics betting sites offer deposit match bonuses.
However, match deposit bonuses aren’t solely just for new players.
Everygame regularly runs promotions that reward punters for topping up their accounts. For instance, there was a reload bonus available during the European Championships.
So, you can expect to find one special for the Paris 2024 Olympics.
Best Olympics betting site for match bonuses: Everygame
Free Bet
This is exactly what it sounds like. The bookmaker gives you a token with which to place a bet. If the wager wins, you’ll keep whatever profits you make, but not the free bet stake.
Of course, if it loses, there’s no problem as it didn’t cost you a cent.
Expect to see many free bet offers at top Summer Olympics betting sites as the event draws closer.
Some sportsbooks will include these in their welcome packages, while others reserve them for regular bettors.
Best Olympics betting site for free bets: Everygame
Cashback
More commonly found at online casino apps than sportsbooks, the concept of cashback is slowly creeping into sports betting.
It’s a very simple premise. If you make a net loss during the specified promotional period, the bookie will return some of the money as a rebate.
Some sites don’t quite offer proper cashback deals, but will return stakes on losing wagers in the form of a free bet.
Best Olympics betting site for cashback: BetOnline
Accumulator Odds
Most of the leading Olympics betting sites offer enhanced odds on parlays and other accumulator bets. Since these bets are so hard to win, it’s always nice to receive an extra reward when they do land.
Some sites enhance the payout by a fixed percentage. Others, like Everygame, will simply throw a fixed amount on top.
Alternatively, some of the best new betting sites offer parlay insurance, where you’ll receive some compensation if just one pick busts your bet.
Best Olympics betting site for accumulators: Everygame
Enhanced Odds
Many sportsbooks run what they call “odds boost” promotions.
Depending on the site, you can either pick a selection to enhance, or the sportsbook will simply enhance the odds for you. This is a great way to reward loyal bettors with a little extra value.
Some bookies opt for a similar promotion, called “profit boost”. This is effectively the same, just enhancing the total payout by a set percentage, rather than increasing the odds.
Expect many Olympics betting sites to run happy hours during the event, too, with enhanced odds on selected markets.
Best Olympics betting site for enhanced odds: BetOnline
Banking Options at Olympic Sportsbooks
You won’t be placing any bets on the Olympics without first being able to fund your account.
Here’s a runthrough of the most common payment methods found at top Olympics betting sites.
Online Bank Transfer
The humble bank transfer remains a staple, even at the most modern betting sites. It’s not always the fastest way to pay, though it depends on the type of transfer offered.
Direct transfers using ACH or BACS can take up to three days to complete.
An international bank wire, which relies on the SWIFT network, can be even slower.
Some sites offer instant transfers that avoid outdated technology entirely – these are easier to use and greatly reduce transfer times.
Debit and Credit Cards
Pretty much all online bookmakers offer debit and credit cards, not just our favorite Olympics betting sites. However, not every sportsbook offers the same options.
While every gambling site accepts Visa and Mastercard, only the best credit card casinos and sportsbooks permit American Express, for instance.
Regardless of the processor, deposits are instant, but withdrawals could take up to five days to clear.
Cryptocurrencies
There’s a growing number of online sportsbooks now accepting cryptocurrencies like Bitcoin. This is partly due to its enhanced privacy. But the real advantage of digital currencies lies in the payout speed.
Most sites offering cryptocurrency withdrawals promise that you’ll have your funds within 48 hours. The best examples, though, get the money to you on the same day, often in less than two hours.
All of our top-rated sites for betting on the Olympics offer multiple crypto options – 16 in the case of BetOnline.
Other Payment Methods
In addition to the most common banking methods already mentioned, you might also find some of the following.
- Ewallets: The likes of Neteller, PayPal and Skrill have been processing payments at gambling sites for decades, however none of our operators provide this option yet. Transactions are often instant and always secure.
- Bank wires: It may be one of the slowest ways to deposit and withdraw, but some people prefer it. The best sites cater to all of their customers.
- Checks: Some sportsbooks allow you to request a withdrawal by check by courier, though not usually a deposit. It can take up to two weeks from processing to delivery.
Summer Olympics Betting Tips and Strategies
Before wrapping up our guide, we want to share some betting strategy advice to help you improve your results.
Be sure to take heed of the following tips ahead of the 2024 Summer Olympics.
Winter Olympic Games
In 1921, the International Olympic Committee gave the green light to an idea for a similar collection of events, only for winter sports.
The First Olympic Winter Games was eventually held in 1924, in Chamonix-Mont-Blanc, a commune that’s home to one of France’s oldest ski resorts.
The first ever event was a speed skating competition, held over 500m. The gold medal went to Charles Jewtraw of Clinton County, New York.
Today, the United States remains the only country to claim gold at every single Winter Games.
When are the Winter Olympics?
Held every four years, the Winter Olympics take place in between the Summer Games.
The next event will be in 2026, running from February 6 until February 22.
This will be the 25th edition of the Winter Games, hosted by city Milan and Cortina d’Ampezzo in Italy.
Winter Olympic Sports
The Winter Games features 15 different disciplines, all of which can be found at the best Olympics betting sites.
There are three major categories: Nordic, Alpine and ice sports. Fans of NHL betting will likely be most interested in the latter, which contains ice hockey.
The United States has only ever claimed gold twice, with eight silver medal finishes.
It will be much less of a shock to learn that Canada is by far the most successful country, with 16 ice hockey medals, nine of which were gold.
Other notable events at the Winter Olympics include downhill skiing, snowboarding, figure skating, curling and ski jumping.
Best Olympics Betting Site – Our Verdict
Now that you’re up to speed on the best Olympics betting sites, all that remains is to register and strike your first bet.
Don’t forget to claim your welcome bonus, and be sure to apply our top Olympics betting tips to maximize your results.
How We Test and Review Sportsbooks
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Our process enables us to rate sportsbooks on key features so you can compare sites with ease.
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FAQs
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References
- https://olympics.com/en/news/the-history-of-the-olympic-games (The History of the Olympic Games)
- https://www.history.com/topics/sports/modern-olympic-games-timeline (The Modern Summer Olympic Games: A Timeline)
- https://www.britannica.com/sports/Olympic-Games (Olympic Games)
- https://www.nbc.com/nbc-insider/where-are-2028-olympics-going-to-be-held (Where Are the 2028 Olympics Going to Be Held?)
- https://www.brisbane.qld.gov.au/about-council/news-and-publications/brisbane-2032 (Brisbane 2032 Olympic and Paralympic Games)
- https://olympics.com/en/sports/ (Olympics Sports List)