How to Bet on the Olympic Games: Tips for Maximizing Your Wagers

Can You Bet on the Olympic Games?

Indeed, you can bet on the Olympic Games just as much as any other sporting event. As is expected with any other major sports event, there is a huge number of choices in bets on the Olympics provided by many bookmakers. This is perhaps because there is almost something for all interests in terms of betting from team sports like basketball and football to individualistic activities like swimming and track and field. So, the Olympics gather a motley of sports, and you have plenty of chances to make bets on specific sportsmen and teams.

Where to Bet on the Olympics

Olympics betting is achievable for anyone who has a betting account on most of the internet sports betting facilities. One of the things to consider before placing your bet involves selecting a perfect bookmaker. Identify sites that have licenses and are regulated so as to assure you that the money is safe. A number of online platforms, for example, the 20bet app download, are well-known for offering Olympic events. There are also available on many sites options to make bets, while the performance is in progress, which is live betting.

Make sure to look for the odds and then compare different agencies before placing a bet. Especially when it comes to sports events certain bookmakers provide users with higher coefficients for a certain event that can bring lots of money.

What Types of Bets Can You Place on the Olympics?

Olympics just as with any other sporting activities have many types of bets that one can make. Here are the most common ones: Here are the most common ones:

Moneyline Bets

This one, therefore, involves betting for a winner in any event or match being offered by the book maker. You selected the country or the specific individual and the odds were that he or she would win the gold, silver, or bronze medal.

Over/Under Bets

Here, you wager whether the sum of goals, minutes, temperature, and such other parameters in an event will be over or under a figure fixed by the bookmaker. For instance, you may wager on the probability that the total goals that will be scored in a football match will be above or below a certain total.

Prop Bets

Prop bets are more particular than the former as they are based on several categories that include number totals, individual player totals, teams and dealers, the last digit of the sum, supervisors, the same as the last digit of the sum, and others. You could back say, the likelihood of how many medals a country will win, or whether an athlete will achieve a record-breaking time.

Futures Bets

As for future bets, here you can place a bet on something that will later be held in the Olympic Games. For instance, you perhaps can bet on the country which is expected to win the most golding or a country that is likely to be on top of the medal table.

Parlays

Parlays combine several bets into one; thus, they can be considered as the best. As in traditional parlay betting, you could place your money on several athletes or teams but each of them has got to emerge the winner so that you could be paid your money back.

What Sports Can You Bet on During the Olympics?

The Olympics feature a wide range of sports, offering a variety of betting options with 20bet FInland. Some of the most popular sports to bet on include:

Track and Field

Events like sprints, long-distance running, and field events like the high jump or long jump are some of the most popular for betting. You can bet on specific athletes or countries to win medals in these events.

Swimming

There are many swim betting opportunities as swimmers take part in many swimming events due to the logistics of schedules in swimming. Some of the bets that can be made about a race are betting on one particular race or betting on the number of medals a country will win.

Basketball

This year’s Olympics basketball is very captivating especially when facing the giants like the USA team. Thus it is common to bet on a single game or at large the winner of a basketball championship.

Football (Soccer)

Olympic football may not be as glamorous as World Cup football in terms of personnel involved but there is lots of action for the bookmakers. They may include betting on a match, the number of goals, and the team that will triumph in the tournament among others.

Gymnastics

Gymnastics for sure can be a very entertaining event to watch and it is also possible to make friendly wagers about where one is going to win the gold – individual and team events. The all-around competition and individual apparatus events open a great number of betting opportunities.

Tennis

Tennis at the Olympics features the world’s best-ranked athletes, and you can wager on the winner of a particular match or the entire tournament.

Boxing

Any boxing event that is held in the Olympics is split into men’s and women’s events, and it is possible to bet on the winner of a particular round or an overall winner of a medal.

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