2020 Olympic Games Betting Odds

bet on 2020 olympic

The 2020 Olympic Games will take place between 23 July – 8 August 2021, with the Summer Olympics having been delayed by approximately a year due to the COVID-19 pandemic. There is great optimism that the Games will be able to take place despite the limit on spectators who will be able to attend the biggest sporting event on the planet.

There are an expected 205 nations who are going to be competing at the 2020 Summer Olympics in Japan, while that equates to over 11,000 competitors when it comes to Track & Field, Cycling, Swimming, Rowing, Football and Basketball, although there are a huge number of sports.

The bookmakers are now starting to create Olympic Games betting markets which means that customers have the chance to bet on different sports and events that take place throughout the event. You might want to bet on the winner of the men’s 100m when it comes to track and field, or alternatively bet on Olympic Football when it comes to the men and women’s event.

Bet on 2020 Olympic Games Football

olyimpic footballOlympic Games Football is going to take place in Tokyo, with a selection of countries participating in the men and women’s event and there will be the chance to bet on the nations that you think will land the gold medal, while there are also silver medals and bronze medals up for grabs.

The men’s competition features sixteen different teams who will be in four groups of four sides. Hosts Japan will be in the same section as South Africa, Mexico and France, while some Olympic Games betting sites make Brazil the favourites and they are grouped with Germany, Ivory Coast and Saudi Arabia.

The women’s Olympic Games football event is a twelve-team affair, with hosts Japan in the same group as Canada, Great Britain and Chile, while China, Brazil, Zambia and Netherlands are in the second group which leaves us with Sweden, United States, Australia and New Zealand in the final section.

Bet on Basketball at the Summer Olympics

olyimpic baketballLike football, there is also a men and women’s basketball tournament where the three leading sides will be on the winners’ podium. The men’s event is likely to be dominated by the United States of America who are hot favourites and will possess many of the superstars who turn out for the leading NBA sides.

However, Spain and France are capable men’s basketball sides who will fancy their chances of landing a silver medal at the very least, while the same three teams will be battling it out in the Women’s Basketball event and it should be interesting to see who comes out on top.

Volleyball at the Summer Olympics Betting Odds Available

olyimpic volleyballThere are four different volleyball events taking place at the 2020 Summer Olympics, with two indoor events (men and women) along with two beach volleyball events. These offer the leading nations a chance at landing some medals and the men’s indoor competition will feature two groups of six teams.

Pool A will include Japan, Poland, Italy, Canada, Iran and Venezuela, while Pool B looks a bit more competitive and this features Brazil, United States, ROC, Argentina, France and Tunisia.

Meanwhile, the women’s indoor basketball event takes place between two groups of six teams and we see China, United States and hosts Japan included in the competition. However, Brazil and Italy could also be among the competing sides.

Novak Djokovic Favourite to Win Olympic Tennis Gold

tennis golfNovak Djokovic has previously flown the flag for Serbia when it comes to an Olympic Games opening ceremony and the world number one is odds-on to land a gold medal in the tennis men’s singles in Tokyo. Djoker has so far failed to secure this prize considering that Andy Murray won in London in 2012 before managing to triumph in 2016.

However, Murray is unlikely to be ready for the 2020 Olympics and that means that Djokovic is a strong favourite, with Daniil Medvedev, Stefanos Tsitsipas and Alexander Zverev the three most likely challengers who could be on the podium even if they’re not able to match the skill levels of the hot favourite.

Bet on the Summer Olympic Golf Tournament in Tokyo

olyimpic golfJustin Rose famously claimed a gold medal for Great Britain at the 2016 Olympic Games and many of the world’s leading players will descend on Japan to see if they can emulate this feat, including US Open champion Jon Rahm who was recently able to claim this major at Torrey Pines.

Rahm is in scintillating form and you can get 5/1 that he lands a victory in this event, while Xander Schauffele and Bryson DeChambeau are also expected to turn out and represent their country in a bid to be successful. Rory McIlroy can’t be ruled out in a high-profile event like this, while Justin Thomas is also expected to participate for the United States of America.

Denmark Favourites to Land Another Gold in Handball Olympics

olyimpic handballOne of the biggest hopes for Denmark when it comes to winning a gold medal at the 2020 Olympic Games is through the men’s handball team, with the Scandinavian side confident of being on the podium and they would dearly love to follow up that slender victory against France four years ago with another triumph.

The Danes have a proud history when it comes to this sport and their 28-26 win against France was enough to land gold, although the French are a 5/1 chance and will be encouraged to push hard in search of a better medal this time around. Spain and Norway are also considered to be strong contenders, while the United States of America are the other team who could challenge.

Serbia Head the 3x3 Basketball Olympic Games Betting

Bookmaker Unibet regard Serbia as the team to beat when it comes to 3x3 basketball and this will be the first time that the sport in this format will be showcased at the Olympics, with this nation having a strong heritage of playing three-a-side basketball.

Indeed, the Serbians won the FIBA World Cup in 2016, 2017 and 2018 before missing out on a medal at the 2019 event, although they will be well prepared for this event and the bookies regard Latvia as their main danger, while Netherlands and Russia could be the team battling it out for third spot.

Can Australia Secure Olympic Gold in Men’s Field Hockey?

The field hockey tournaments are always popular at the Summer Olympic Games and it was Argentina who claimed a surprise victory at the 2016 Olympics, with the South American side hoping to tear things up again and you can currently get 15/1 about them triumphing although there are other more viable contenders.

Australia have certainly been looking strong in the men’s field hockey department and they will be out to make amends from losing 4-0 to Netherlands in the quarter final of the 2016 tournament, while the Dutch will also go hard into competition and Belgium are also regarded as a leading contender.

The 2020 Olympic Games Rugby 7s Set to Be Tough Contest

olyimpic rugbyThe Rugby Sevens is going to be a fantastic tournament and it’s a brilliant version of rugby union, with the division having normally been dominated by Fiji and New Zealand. It’s therefore little surprise to find the duo near the top of the betting market and it’s the All Blacks who are 5/2 favourites to secure a gold medal.

The Fijians are an 11/4 poke and will be disappointed not to make the final of the Olympic men’s rugby sevens, while South Africa are also regarded in the premier level when it comes to this sport, with USA, Great Britain and Australia also expected to feature at the business end.

Marit Bouwmeester Heads Sailing Laser Radial Market

There are a number of sailing events at the 2020 Summer Olympics, with this including the women’s Laser Radial, with Marit Bouwmeester of the Netherlands proving to be an accomplished boatwoman and she is the betting favourite to claim a gold medal, while Anne-Marie Rindom is available as the second favourite.

The Dane is regarded as the biggest threat to Marit Bouwmeester and there’s also the chance of a Belgian on the podium for Laser Radial, with Emma Plasschaert trading as the third favourite and we can’t rule out the possibility of Britain’s Alison Young having an impact.

There Could Be No Stopping US Women in Softball Olympics

Softball has been a Summer Olympic sport since 1996 and it was absent from the Games between 2012-2016, although it’s been included in the Tokyo program for 2020 and the United States of America will therefore regard this as an ideal opportunity to claim a gold medal.

However, it was Japan who claimed top spot in 2008 and they will have a strong team to compete against the US, possibly in the final. Canada are also regarded as viable contenders, with Australia and Mexico among the outsiders who will hope to secure a medal on the podium.

Caeleb Dressel Odds-On Betting Favourite to Win Olympic Swimming Gold

Caeleb Dressel is regarded as something of a swimming phenomenon when it comes to the 100 metres in the United States of America. The Florida-born 24-year-old is currently trading at nearly 1/2 and it will be a surprise if he gets beaten in the pool over this distance.

Kyle Chalmers is the great hope for Australia and the 23-year-old is known as The Big Tuna, having won the gold medal in four years ago and he has recently overcome health problems to suggest that he can be back on top, while the other leading contenders include Klement Kolesnikov and Alessandro Miressi.

Water Polo Olympic Betting Market Looks Wide Open

The men’s water polo at the 2020 Olympic Games could be a really intriguing encounter, with Hungary regarding this discipline as one of their best opportunities to secure a gold medal. The Hungarians are trading at betting odds of 5/2 and they have a proud history and secured top spot in 2000, 2004 and 2008.

However, it was Serbia who triumphed four years ago and they are the 14/5 second favourites to come out on top, while Croatia and Montenegro will bring strong teams to the 2020 Summer Olympics, with Italy and Spain also available at single figure odds and they could also go close.


Up to €/£40 Money
Back As Bonus
Bet Now
18+ www.begambleaware.org New customers only. Min deposit £10. Money back as bonus. Wagering requirements: Sports 3x at min. odds of 2/5, Casino 25x. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus expires after 7 days of opt-in. Further T&C's Apply.
Bet £15
Get £15
Bet Now
18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £15 free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets not eligible. Neteller,Skrill and Paypal not eligible. T&Cs apply
Bet €/£10
Get €/£30
Bet Now
New customers only – Minimum deposit of £10 using deposit code 30f - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit method and withdrawal restrictions apply - full T&C’s apply
Bet €/£10
Get €/£20
Bet Now
New customers only. Min Deposit and bet £10 from debit cards only. Min odds evens (1/5 per multi selection). 2x£10 Free Bets valid for 7 days, stake not returned, no cashout. T&Cs apply.
Get £300 Cashback
Bet Now
18+, Applies to selected qualifying sports spread betting markets only - not fixed odds. See Ts&Cs and full list of qualifying markets below. Full T&C applies - read before you bet.

2020 Olympic Betting FAQ

There are lots of betting sites who will be offering Olympics betting markets. These bookmakers will create betting odds for many of the track and field events, including athletics races such as 100m, 200m and 400m. You can compare the latest Olympic Games betting odds to get the biggest prices, with the bookies also creating markets for swimming, gymnastics, cycling and rowing.
Some bookies will price up virtually every Olympic sport, with customers able to bet on the gold medal winner for any number of events including Olympic basketball, skateboarding, surfing, fencing, modern pentathlon, boxing, judo, rugby sevens, sailing, softball and weightlifting. Therefore, whatever sport you watch at the Olympic Games, there is the chance to place bets.
Some sporting events at the Olympic Games will see the bookies offering punters the chance to wager In-Play, especially the ones which take place over a longer time period. For example, Olympic football, basketball and volleyball matches can run for long enough for punters to enjoy the chance to place live In-Play wagers on the outcome of the games along with other markets.
The Summer Olympic Games offers customers the chance to place bets on a variety of sports and the first port of call is to have a funded betting account with at least one bookmaker. Once you are registered with a bookie, you can then deposit funds and place bets on the various betting markets available. Some customers will look to have multiple betting accounts so they can always secure the biggest odds.
Yes, you can place bets on the Olympics in the same way as you can bet on other sporting events such as Premier League football, ATP Tennis or PGA Golf. It just depends on where you are located in the world, with bookies taking out licenses for different countries and being regulated in a wide range of territories. You can access the Olympic Games betting markets and check out the latest betting odds.
Many betting customers like to bet on the track and field events at the Summer Olympics. There are many competitive men and ladies athletics events such as the 100 metres, the 800 metres and the 10,000 metres where the bookies will price up the different participants. Sometimes there’s the chance to bet on the country who will top the medal table or alternatively the number of medals that each nation will land.
The majority of Olympics betting sites offer new customers the chance to secure a welcome bonus which can generally be landed when you sign up and make a first deposit or place a first bet. There might also be the chance to enjoy some kind of boosted Olympic odds when it comes to some of the disciplines, while there might even be the chance to enjoy money back on certain matches or games.