Summer Olympics Betting Guide for 2020
The Summer Olympics are widely considered the absolute zenith of global sport. This is our comprehensive betting guide to it.
As a dedicated page to Summer Olympics betting, there’s tons of information here including:
- Our experts select the best Summer Olympics betting sites to feature
- Important facts, featured sports and host cities of the Olympic Games
- Live and mobile Summer Olympics betting opportunities explained
How we Review the Best Summer Olympics Betting Sites
We’re committed to providing you with top Summer Olympics betting in Canada. In order to determine which sites are best, our experts consider all of this:
How to Sign Up to a Summer Olympics Betting Site
Choose one of the best Summer Olympics betting sites recommended by our experts
Visit the homepage and locate the ‘sign up’ button which will have a prominent place
Enter your personal details in the registration form
Some sportsbooks ask you for security questions and answers to give your account extra protection
You may also be asked to create a username, and will definitely have to come up with a password or pin number
If asked for a promo code, then enter this in the space provided to activate a welcome bonus
Verify you are of a legal age to gamble and click the tickbox that says you agree to the betting site’s terms and conditions
An Introduction to the Summer Olympics
Good background knowledge underpins Summer Olympics betting. Here are some key facts about this world-famous event:
The International Olympic Committee (IOC) was founded in 1894 with the aim of reviving the Olympic Games from Ancient Greece
In light of that history, Athens was chosen as the first host city for the Summer Olympics in 1896
An Olympic cycle is every four years, and that is the frequency of the Summer Games with breaks only occurring due to World Wars 1 and 2
Sports can be added to or removed from the Summer Olympics schedule
Canada hosted in the 1976 Summer Olympics in Montreal, Quebec
The United States has hosted four different Summer Olympics and will get a fifth different Games in 2028
London has hosted three different Summer Olympics, the most recent being in 2012
Paris, France and Los Angeles, United States will follow suit as triple host cities in the coming years
Africa is the only habitable continent yet to host a Summer Olympics
Following the success of the Summer Olympics, Winter Games were also founded
How Summer Olympics Odds Work
Some key Summer Olympics betting advice for you now. How do odds work? If you’re new to gambling, then you won’t know, so let’s take a look at an example:
Eight of the fastest men’s 100m runners of all-time line-up in our hypothetical Olympic race. Usain Bolt is the favourite as he’s the shortest price sprinter in the field.
For every $2 staked on Jamaica running legend Bolt, you’d make $1 profit and get total returns of $3.
Canadian counterpart Donovan Bailey is a relative outsider. The same $2 stake returns $26 at his price, which is $24 in profit.
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 odds calculator.
Popular Summer Olympics Betting Options
Here are some of the most popular sports that there is Summer Olympics betting on:
All the usual soccer betting odds from regular competitions are available on the men’s and women’s Summer Olympics tournaments.
Olympic rules state most of the squad must be under 23 years of age with only 3-4 overage senior players allowed.Eg: Brazil to beat Argentina
and both teams to score2.38
Professional tennis players get the equivalent of a fifth Grand Slam every four years when the Summer Olympics come around. There is no fixed surface for the 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 scoreline are on offer.Eg: Serena and Venus Williams
to win a women’s doubles
match in straight sets (2-0)2.50
Pro golfers also compete at the Summer Olympics. Six, eight and even 10 places, just like at the Majors, are up for grabs in the Olympic tournament.Eg:Tiger Woods7.50
Track and Field Athletics
Perhaps no other sport is quite so synonymous with the Summer Olympics than athletics. Whether it’s sprints, hurdles or long-distance track races, or field events like the high jump, javelin or triple jump, betting is available on Gold medals.Eg: Usain Bolt
to win the men’s 100m1.50
Unlike many other Summer Olympics sports, boxing is only permitted for amateur fighters. Professionals cannot compete, yet the Olympic tournament has launched many careers including that of Anthony Joshua.
Round by round betting, method of victory and futures markets on who will grab Gold in the different weight classes are all on offer.Eg: Nicola Adams
to win the women’s
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 things to bet on.Eg:Australia to win the women’s
4 x 100m medley relay4.00
Hockey has a rich history at the Summer Olympics. Besides betting on which country will win Gold and land individual matches, anytime goalscorer prices are available.Eg:Germany to win the men’s
field hockey Gold medal4.50
Despite American dominance due to the NBA, 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.Eg:the United States to cover
the spread and win
by 15 points at2.88
Mobile Summer Olympics Betting
Mobile technology is a splendid thing. It allows you to take your sports betting on the Summer Olympics and many other events with you. What are some of the other benefits?
- The vast majority of sportsbooks will have a customized betting app for Apple or Android phones and other digital devices
- These are free to download and make the betting process even easier
- Mobile Summer Olympics betting put markets on the many events at your fingertips
What is Summer Olympics Live Betting?
- Live betting is available on the Olympic Games when events are happening
- This means you can continue to place wagers even though an event has started
- Betting traders are constantly updating their prices as all the action unfolds
Modern Summer Olympics Host Cities
The following cities have hosted or are set to host the Summer Olympics:
St Louis, Missouri, United States1904
London, United Kingdom1908
Amsterdam, The Netherlands1928
Los Angeles, United States1932
London, United Kingdom1948
Mexico City, Mexico1968
Munich, (West) Germany1972
Moscow, Russia (then USSR)1980
Los Angeles, United States1984
Seoul, South Korea1988
Atlanta, United States1996
London, United Kingdom2012
Rio de Janeiro, Brazil2016
Los Angeles, United States2028
You should now have all the Summer Olympics betting advice you need. Above all else, enjoy the Olympic Games because they only come around once every four years!
In the event that you do still have questions, or want to check something you aren’t sure of, we’ve got an FAQs section below. Answers to common queries about the Summer Olympics can be found there.
The Summer Olympics betting in Canada couldn’t be easier. Simply log in to the betting site you have an account with and find the event you want to bet on.
Add the outcome you fancy to the betslip, enter your stake and place the wager. It really is that straightforward.
If you’re looking for the best Summer Olympics betting sites, then this page is where you’ll find them. We have shortlisted only the top sportsbooks for betting on the Olympic Games.
You sure can. Mobile Summer Olympics betting is all part of the gambling experience offered by sports betting sites.
These are some of most popular sports that you’ll find Summer Olympics odds for:
- Soccer (or Association Football)
- Track and Field Athletics
- Field Hockey
Sure, Summer Olympics betting in Canada is 100 percent legal and above board.
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.
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