Paris Olympics Betting 2024 - How to Bet on the Olympics

Q: What are the best sites to bet on the Summer Olympics?

The below top sports betting sites for the Olympic Games offer the best gambling experience in Canada with a wide range of markets and great odds: Betway Sports BetVictor Stake 888Sport Sports Interaction 22Bet Sports Royal Panda Sports --> mr.play Sports Leo Vegas Sports --> Pinnacle Sports

Q: Which are the most popular Summer Olympics sports to bet on?

These are some of most popular Olympic sports to bet on: Soccer (or Association Football) Tennis Golf Track and Field Athletics Boxing Field Hockey Basketball

Q: When are the 2020 Olympics happening?

The Tokyo Olympic Games are rescheduled to take place from July 23 - August 8, 2021 . The Japanese government has stated that no oversees spectators will be allowed to attend the Games, but fans already based in Japan can.

Q: How many events will take place at the Tokyo Olympics?

There will be 339 different men’s and women’s events to enjoy at the 2020 Tokyo Olympics. These are across 33 sports and 50 disciplines. 2021 will see the most events ever taking place at a Summer Games. View the most popular Olympic sports here .

Q: What are the new sports for the 2020 Olympics?

The 2020 Summer Olympics will see karate, surfing, skateboarding and sport climbing appear at the Games for the first time. While, baseball and softball return, and new disciplines include 3x3 basketball, freestyle BMX and madison cycling .

Q: Can I bet on the Summer Olympics on mobile?

Yes. Mobile Summer Olympics betting is all part of the gambling experience offered by sports betting sites. You’ll be able to bet on your iPhone or Android smartphone device wherever you have internet connection. Our recommended top sports betting sites have specifically optimized mobile apps and sites for you to gamble at.

Q: Is live betting available at the Summer Olympics?

Yes, many of the sports that feature at the Summer Olympics are compatible with live betting. This means that prices are available during the actual events themselves and not just beforehand. Odds are kept up-to-date constantly in reaction to what happens at the Olympic Games. Live betting differs from fixed odds price in this respect.

Are the 2020 Tokyo Olympics Cancelled?
No, due to the Covid-19 pandemic the 2020 Tokyo Olympics were postponed and rescheduled for the summer of 2021. They will now take place from July 23 – August 8.

Top Olympics Betting Sites for Canadians

Canada’s top sportsbook

4.5 /5

Excellent

Read review

C$200 Bonus

Win Rate: 100%
Payout Speed: 24 hrs

Play Now

Read review

Pros

Dozens of sports to bet on
Dedicated sports betting app
Specific esports promotions

Cons

FAQs section is lacking

Payments

Best betting odds

3.9 /5

Good

Read review

None Bonus

Win Rate: 100%
Payout Speed: 5 days

Play Now

Read review

Pros

Lowest margin sports odds
Dedicated esports section
Multi View live betting option

Cons

Lack of bonuses & promos
No horse racing betting

Payments

Best navigation

4.3 /5

Great

Coming soon

C$250 Bonus

Win Rate: 97.17%
Payout Speed: 24 hrs

Play Now

Coming soon

Pros

Very modern sportsbook
Low bonus wager requirement
Personalized sports betting

Cons

Promotions aren’t so regular

Payments

Enjoy a safe & fun experience We only list fully licensed and regulated sites.

4.1 /5

Great

Read review

N/A Bonus

Games: 1,500+
Win Rate: 96.20%
Payout Speed: 1-5 days

Play Now

Read review

Pros

Mobile apps for Android and iOS
eSports betting markets
24/7 live chat

Cons

Poor VIP program
Live chat only in English
Not many payment methods

Payments

4.2 /5

Great

Read review

C$300 Bonus

Win Rate: 100%
Payout Speed: 24 hrs

Play Now

Read review

Pros

Large sports betting selection
Dedicated sports betting app
Huge selection of promotions

Cons

No live chat support

Payments

Best racebook

4.1 /5

Great

Read review

C$125 Bonus

Win Rate: 97.22%
Payout Speed: 3 days

Play Now

Read review

Pros

Refer-a-friend bonus offer
Stylish sportsbook design
Separate racebook section

Cons

Few esports betting options

Payments

4.0 /5

Great

Read review

C$300 Bonus

Win Rate: 100%
Payout Speed: 1-2 days

Play Now

Read review

Pros

1,000 daily sports events
Dedicated esports section
24/7 customer support

Cons

Limited VIP program

Payments

3.8 /5

Good

Read review

C$500 Bonus

Win Rate: 100%
Payout Speed: 48 hrs

Play Now

Read review

Pros

Leading sports odds
Fast and easy to navigate
Daily promos & free bets

Cons

No live streaming available

Payments

3.9 /5

Good

Read review

C$1,000 Bonus

Win Rate: 100%
Payout Speed: 5 days

Play Now

Read review

Pros

Big variety of sports markets
Award-winning mobile app
Great sports betting promos

Cons

Slightly confusing sports page

Payments

3.9 /5

Good

Read review

C$200 Bonus

Win Rate: 100%
Payout Speed: 1-3 days

Play Now

Read review

Pros

Multiple live betting options
Very appealing site design
Quick payout times

Cons

Deposit & withdrawal fees
Customer support is not 24/7

Payments

See our 100+ reviews

Wondering how we review?

Find out how our expert team reviews and finds the best sports betting sites for the Summer Olympics.

Can you Bet on the Olympics?

Absolutely. As with all other sports betting in Canada, you'll be able to bet on all 339 Olympic events at our recommended sports betting sites from your mobile or desktop device.

Popular Summer Olympics bets include 'Nation to win most Gold medals', 'Total medals for a Nation', and many specific bets on individual games or events.

How to Sign Up and Start Betting

To get started betting on the Olympics for real money, take these following steps:

Choose one of our recommended best Olympics betting sites and sign up
Visit the sports section of the betting site, and find 'Olympics' in the side menu
From there, click on your preferred Olympic sport and event to bet on
Choose a market and click on the bet to see how much you could win in a 'Bet Slip'
Place the bet, and wait for the game or event to unfold to collect any winnings

How Betting Odds Work at the Olympics

We’ll take you through an example, to work out how betting odds work at the Olympics. The table below shows a hypothetical, but probable, list of the favourite nations to win the most Gold medals:

Nation	Odds
USA	2.00
China	3.50
Russian Olympics Committee*	6.50
Great Britain	6.50
Japan	12.00

^*Russia is banned from the 2020 Olympics due to doping, but cleared Russian athletes are allowed to compete under the neutral Russian Olympics Committee (ROC) banner

The 2.00 odds for USA to win the most Gold medals mean that they are favourites. So, if you bet C$10 and they win, you’ll win C$10 back plus your stake back for a total returns of C$20.

If you fancy Japan, meanwhile, to be the 10th hosting nation to win the Olympics, then a C$10 bet on them could see you with a profit of C$110. That’s C$120 in total with your stake back.

We’ve used decimal prices, but other Summer Olympic sports may use the American money line system or even fractional odds. For more information on different way of expressing betting prices, see our Olympics odds calculator below:

Popular Summer Olympics Betting Events

The Olympics in 2021 will see the most sports (33), disciplines (50) and events (339) take place in the Modern Games’ history. Here are some the most popular Summer Olympics sports to bet on:

Soccer/Association Football

All the usual soccer betting odds from regular competitions are available on the men’s and women’s Summer Olympics tournaments. Canada women’s team claimed Bronze at Rio 2016, back them to win a medal again.

Olympic rules for 2021 state most of the squad must be under 24 years old (usually under-23 pre-Covid) with 3 overage senior players allowed. There are no restrictions for the women’s squads, however.

Eg: Brazil to beat Argentina
and both teams to score
2.38

v
Tennis

The best professional tennis players get the chance to battle for Gold every four years. Like any Grand Slam tournament, there are men’s and women’s singles and doubles events, plus the mixed doubles draw.

As with soccer, all the regular tennis betting odds you would expect to see such as ‘next set winner’ and ‘correct set scoreline’ are on offer.

Eg: Serena and Venus Williams
to win a women’s doubles
match in straight sets (2-0)
2.50

v
Golf

Golf has only taken place at three previous Olympics (1900, 1904 and 2016). The last edition in Rio saw a number of top pros choose to not take part, but expect more big names in Tokyo.

In terms of golf betting, the winner, top six, eight and even 10 places, just like at the Majors, are up for grabs in the Olympic tournament.

Eg:

Tiger Woods
7.50
Track & Field Athletics

Perhaps no other sport is quite so synonymous with the Summer Olympics than athletics. And there was big Canadian interest at Rio 2016 with Derek Drouin winning Gold in the men’s high jump.

Whether it’s sprints, hurdles or long-distance track races, or other field events like the long jump, javelin or triple jump, betting is available on Gold medals.

Eg: Usain Bolt
to win the men’s 100m

1.50
Boxing

Boxing will permit professionals to fight alongside amateurs for the first time at the 2020 Olympics, but most of the top names won’t compete. ‘Round by round’, ‘method of victory’ and futures markets on ‘who will win Gold’ in certain weight classes are all on offer for boxing betting.

Many greats have fought at the Olympics, including Gold medallists Muhammad Ali (then known as Cassius Clay), Lennox Lewis (then representing Canada) and most recently GB’s Anthony Joshua.

Eg: Nicola Adams
to win the women’s
flyweight tournament

3.25
Swimming

The Summer Olympics have done wonders to raise the global profile of swimming. With so many different races, disciplines and distances, you’re never short of events to bet on.

There will be particular swimming interest at the 2020 Olympics, with Japanese duo Kosuke Hagino and Rie Kaneto winning Gold in Rio.

Eg:

Australia to win the women’s
4 x 100m medley relay
4.00
Field Hockey

Hockey has a rich history at the Summer Olympics. Besides betting on which country will win Gold and individual matches, anytime goalscorer prices are available.

Canada has qualified for the men’s tournament, and have been drawn in the same group as the likes of former champions Great Britain, The Netherlands and Germany, as well as last Olympics’ Silver medallists Belgium.

Eg:

Germany to win the men’s
field hockey Gold medal
4.50
Basketball

Despite American dominance due to the NBA (their men have won 15 of the 18 Olympics they’ve entered, and the women 8 out of 10), basketball remains part of the Summer Olympics.

Spread betting is a common theme if you’re looking to place a wager on one of the many matches that take place at the Olympic Games. Another basketball betting option this Olympics is the 3x3 event, which makes its debut.

Eg:

The United States to cover
the spread and win
by 15 points at
2.88

Top 5 Olympics Betting Tips

Choose a Sport you Know

With 33 sports and 339 events to pick from, you’re certainly spoiled for choice. While it might be fun to place a low wager on a sport that is new to you, it is always best to bet on what you know for your bigger bets to beat the bookies.

Go Niche if Possible

Related to the above tip, if you know your stuff about the more niche sports such as table tennis, rugby sevens or water polo, then this is where you can potentially win big. You can outsmart the bookies with your expert insight.

Research Athletes’ Form

Athletes for traditional Olympic sports such as track & field events, gymnastics and rowing, tend to target the biggest competitions such as the Summer Games and World Championships. It is best to base your research on these, rather than smaller events.

Look out for Betting Specials

Whichever sports betting site you choose to sign up to, be sure to keep an eye on daily specials and promotions they’ll offer throughout the Summer Olympics. You’ll be able to take advantage of free bets and enhanced prices.

Bet Early on Futures

The best prices are usually available before the Games begin. Especially when it comes to futures bets, such as for a certain athlete or team to win Gold. If you fancy a certain market to win, then bet early where possible.

Betting Bonuses

Welcome Bonus

Most top sports betting sites offer a sizeable welcome bonus to attract new players – usually a Match Bonus that can be claimed across 2-4 deposits. It can take a while to meet the bonus wager requirements, so the 17-day Olympics is the perfect opportunity to redeem the offer.

No Deposit Bonus

Before major sporting events especially, betting sites usually offer enticing no deposit bonuses. This means you can win real money for free. No deposit bonuses are worth much less than Match Bonuses, but there is no risk involved.

Enhanced Odds

Another great bonus to look out for are enhanced odds. This could be in the form of a welcome offer: where you pay a very low wager for a favourite, whose previous short odds have been enhanced, to win. Or, betting sites will offer enhanced prices and specials for certain events.

Modern Summer Olympics History

Our table below goes through the modern Summer Olympics in full since its inception in 1896, including the nation with most Golds each Games, the hosting city/country, and number of sports that were competed in:

Year	Host	No. of Sports	No. of Nations	Winning Nation
1896	Athens, Greece	9	14	USA
1900	Paris, France	19	24	France
1904	St Louis, USA	16	12	USA
1908	London, UK	22	22	Great Britain
1912	Stockholm, Sweden	14	28	USA
1920	Antwerp, Belgium	22	29	USA
1924	Paris, France	17	44	USA
1928	Amsterdam, The Netherlands	14	46	USA
1932	Los Angeles, USA	14	37	USA
1936	Berlin, Germany	19	49	Germany
1948	London, UK	17	59	USA
1952	Helsinki, Finland	17	69	USA
1956	Melbourne, Australia	17	72	Soviet Union
1960	Rome, Italy	17	83	Soviet Union
1964	Tokyo, Japan	19	93	USA
1968	Mexico City, Mexico	18	112	USA
1972	Munich, (West) Germany	21	121	Soviet Union
1976	Montreal, Canada	21	92	Soviet Union
1980	Moscow, USSR (Russia)	21	80	Soviet Union
1984	Los Angeles, USA	21	140	USA
1988	Seoul, South Korea	23	159	Soviet Union
1992	Barcelona, Spain	25	169	Unified Team (former Soviet)
1996	Atlanta, USA	26	197	USA
2000	Sydney, Australia	28	199	USA
2004	Athens, Greece	28	201	USA
2008	Beijing, China	28	204	China
2012	London, UK	26	204	USA
2016	Rio de Janeiro, Brazil	28	207	USA
2021	Tokyo, Japan	33	TBC	TBC
2024	Paris, France	32	TBC	TBC
2028	Los Angeles, USA	TBC	TBC	TBC

How We Review the Top Olympics Betting Sites

In order to feature on our top Olympics betting sites list, our review team considers the following criteria:

Bonuses

Sports betting sites offering big welcome bonuses and regular offers, such as daily no deposit bonuses and other promotions, score highly with us.

Betting Options

With 339 events happening at Tokyo 2020, the top sports betting sites must offer odds and markets on at least the majority, and all 33 sports.

Safety & Security

We only recommend fully regulated and licensed sports betting sites, to ensure you have as safe and secure gambling experience as possible.

Payment Options

It’s important for a sports betting site to offer a number of deposit and withdrawal options, such as debit & credit cards, eWallets and more.

Customer Service

The Olympics attract many beginner bettors, so top responsive customer service that is available 24/7 is a must for various questions and help.

FAQs

Is Summer Olympics betting legal in Canada?

Yes, as with other sports events, Summer Olympics betting in Canada is 100% legal as long as you are gambling at legitimate sports betting site based offshore, such as the ones we recommend.

What are the best sites to bet on the Summer Olympics?

Which are the most popular Summer Olympics sports to bet on?

When are the 2020 Olympics happening?

How many events will take place at the Tokyo Olympics?

What are the new sports for the 2020 Olympics?

Can I bet on the Summer Olympics on mobile?

Is live betting available at the Summer Olympics?

Paris Olympics Betting Guide for 2024

Top Olympics Betting Sites for Canadians

Can you Bet on the Olympics?

How to Sign Up and Start Betting

How Betting Odds Work at the Olympics

Popular Summer Olympics Betting Events

Soccer/Association Football

Tennis

Golf

Track & Field Athletics

Boxing

Swimming

Field Hockey

Basketball

Top 5 Olympics Betting Tips

Betting Bonuses

Modern Summer Olympics History

Other Sports Betting Guides

How We Review the Top Olympics Betting Sites

FAQs