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
TOP OLYMPIC SPORTS BETTING SITES FOR CANADIAN PLAYERS
Maple Leaf Icon CANADA'S FAVOURITE
1
CANADA'S FAVOURITE
Betway Sports
2006
Bonus C$250
Paytime 24 hrs
Payment Methods
visa
paypal
skrill
neteller
NHL - Money Back if your team loses in overtime
visa
paypal
skrill
neteller
Payout 100%
NHL - Money Back if your team loses in overtime
2
888Sport
2008
Bonus C$200
Paytime 24 hrs
visa
mastercard
paypal
skrill
visa
mastercard
paypal
skrill
Payout 100%
3
Spin Palace Sportsbook
2001
Bonus C$1000
Paytime 24 hrs
visa
mastercard
skrill
neteller
visa
mastercard
skrill
neteller
Payout 100%
4
BetOnline
2004
Bonus C$2,000
Paytime 48 hrs
visa
mastercard
skrill
neteller
visa
mastercard
skrill
neteller
Payout 50%
5
Sportsbetting
2003
Bonus C$1000
Paytime 24 hrs
visa
mastercard
skrill
bitcoin
visa
mastercard
skrill
bitcoin
Payout 100%, but fees for some withdrawals

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:

  • Is a betting site fully licensed and legal for the Canada region?

  • Does the customer come first? Is friendly, diverse and round the clock support available?

  • Can you rely on the sportsbook to place the emphasis on security? Are there fully encrypted servers so your data and accounts are fully protected?

  • A value welcome bonus as standard, but also other offers to entice you to keep on betting long after signing up

  • Plenty of Summer Olympics odds to bet on across the big range of sports showcased during the event

  • How to Sign Up to a Summer Olympics Betting Site

    • Summer Olympics Betting Site - Fact 1

      Choose one of the best Summer Olympics betting sites recommended by our experts

    • Summer Olympics Betting Site - Fact 2

      Visit the homepage and locate the ‘sign up’ button which will have a prominent place

    • Summer Olympics Betting Site - Fact 3

      Enter your personal details in the registration form

    • Summer Olympics Betting Site - Fact 4

      Some sportsbooks ask you for security questions and answers to give your account extra protection

    • Summer Olympics Betting Site - Fact 5

      You may also be asked to create a username, and will definitely have to come up with a password or pin number

    • Summer Olympics Betting Site - Fact 6

      If asked for a promo code, then enter this in the space provided to activate a welcome bonus

    • Summer Olympics Betting Site - Fact 7

      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:

    • Summer Olympics - Fact 1

      The International Olympic Committee (IOC) was founded in 1894 with the aim of reviving the Olympic Games from Ancient Greece

    • Summer Olympics - Fact 2

      In light of that history, Athens was chosen as the first host city for the Summer Olympics in 1896

    • Summer Olympics - Fact 3

      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

    • Summer Olympics - Fact 4

      Sports can be added to or removed from the Summer Olympics schedule

    • Summer Olympics - Fact 5

      Canada hosted in the 1976 Summer Olympics in Montreal, Quebec

    • Summer Olympics - Fact 6

      The United States has hosted four different Summer Olympics and will get a fifth different Games in 2028

    • Summer Olympics - Fact 7

      London has hosted three different Summer Olympics, the most recent being in 2012

    • Summer Olympics - Fact 8

      Paris, France and Los Angeles, United States will follow suit as triple host cities in the coming years

    • Summer Olympics - Fact 9

      Africa is the only habitable continent yet to host a Summer Olympics

    • Summer Olympics - Fact 10

      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:

    • Soccer/Association Football

      Soccer/Association Football

      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 score
      2.38
      Brazil
      Argentina
    • Tennis

      Tennis

      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
      Serena Williams
      Venus Williams
    • Golf

      Golf

      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 Woods
      7.50
      Tiger Woods
    • Track and Field Athletics

      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 100m

      1.50
      Usain Bolt
    • Boxing

      Boxing

      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
      flyweight tournament

      3.25
      Nicola Adams
    • Swimming

      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 things to bet on.

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

      Field Hockey

      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 medal
      4.50
      Germany
    • Basketball

      Basketball

      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 at
      2.88
      the United States

    Bonuses

    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
    Mobile Summer Olympics Betting

    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
    What is Summer Olympics Live Betting?

    Modern Summer Olympics Host Cities

    The following cities have hosted or are set to host the Summer Olympics:

    Athens, Greece

    1896

    Paris, France

    1900

    St Louis, Missouri, United States

    1904

    London, United Kingdom

    1908

    Stockholm, Sweden

    1912

    Antwerp, Belgium

    1920

    Paris, France

    1924

    Amsterdam, The Netherlands

    1928

    Los Angeles, United States

    1932

    Berlin, Germany

    1936

    London, United Kingdom

    1948

    Helsinki, Finland

    1952

    Melbourne, Australia

    1956

    Rome, Italy

    1960

    Tokyo, Japan

    1964

    Mexico City, Mexico

    1968

    Munich, (West) Germany

    1972

    Montreal, Canada

    1976

    Moscow, Russia (then USSR)

    1980

    Los Angeles, United States

    1984

    Seoul, South Korea

    1988

    Barcelona, Spain

    1992

    Atlanta, United States

    1996

    Sydney, Australia

    2000

    Athens, Greece

    2004

    Beijing, China

    2008

    London, United Kingdom

    2012

    Rio de Janeiro, Brazil

    2016

    Tokyo, Japan

    2020

    Paris, France

    2024

    Los Angeles, United States

    2028

    Conclusion

    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.

    FAQs

    Olympics Icon How does Summer Olympics betting work?

    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.

    Faq Site Icon What are the best sites to bet on the Summer Olympics?

    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.

    Mobile Icon Can I bet on the Summer Olympics on mobile?

    You sure can. Mobile Summer Olympics betting is all part of the gambling experience offered by sports betting sites.

    Star Icon Which sports are the most popular for Summer Olympics bets?

    These are some of most popular sports that you’ll find Summer Olympics odds for:

    • Soccer (or Association Football)
    • Tennis
    • Golf
    • Track and Field Athletics
    • Boxing
    • Field Hockey
    • Basketball
    Legal Icon Is Summer Olympics betting legal in Canada?

    Sure, Summer Olympics betting in Canada is 100 percent legal and above board.

    Live Icon What is Summer Olympics live betting?

    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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