Best Olympics Betting Sites – Olympics 2024 Betting Guide
The Olympics, always a worldwide draw, are heading to Paris in 2024. Our guide focuses on simplifying betting on the Olympics for you. We discuss the leading sports, outline various betting options, and show you how to find the best Olympics betting sites.
| Ranking | Olympics Betting Site | Rating | Bonus | Markets | Pros & Cons | Secure Link | Terms |
|---|---|---|---|---|---|---|---|
| 1 | ✪ 10bet | 4.9/5 | 100% up to £50 on first bet | 65+ Olympic Markets | Best Olympics coverage, Medal tally odds, Slow odds updates | Visit Site! | Full T&Cs Apply!! New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; T&C apply; 18+ |
| 2 | ✪ BetVictor | 4.8/5 | Bet £10 Get £30 In Free Bets | 63+ Olympic Markets | Diverse Olympic bets, Real-time updates, Sparse betting guides | Visit Site! | Full T&Cs Apply! 18+ New customers only. Opt in, bet £10 (odds 2.00+) on any football market within 7 days of registration. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Debit Card/Apple Pay payments only. Click for T&Cs. Please Gamble Responsibly. |
| 3 | ✪ Spreadex | 4.8/5 | Get up to £35 In Free Bets | 63+ Olympic Markets | Opening ceremony bets, In-play options, Minimum bet requirements | Visit Site! | Full T&Cs Apply! Place a £25 fixed odds bet at minimum odds of 1/2. Get 5 x £5 free fixed odds bets + 2 x £5 free Total Goals spread bets. Spread betting losses can exceed deposit. 18+ begambleaware.org |
| 4 | ✪ The Pools | 4.7/5 | £50 + Free Bets Every Week | 63+ Olympics Markets | Country medal odds, Bet builder tool, Limited promos | Visit Site! | Full T&Cs Apply! 18+, UK only. Place a minimum 2x £10 pre-match 4 leg acca cash bet where odds accumulate to 3.0 (2/1) or more and get a £10 bonus funds to use on multiples (3 or more selection, min odds per selection 1.5 (1/2)). Cashed Out, Asian Handicaps, Draw no Bet wagers or bets with void legs do not qualify for this promotion. Free Bet credited every Monday by 12pm. Maximum 1 free bet per customer per week available from this promotion. Full T&C's apply. |
| 5 | ✪ YetiBet | 4.6/5 | 50% Acca Boost | 54+ Olympics Markets | Enhanced event odds, Loyalty rewards, Fewer niche sports | Visit Site! | Full T&Cs Apply! 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 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. |
| 6 | ✪ bet365 | 4.6/5 | Bet £10 Get £30 In Free Bets | 65+ Olympic Markets | Live Olympic betting, 24/7 customer care, Limited payment options | Visit Site! | Full T&Cs Apply! Open Account Offer. New Customers only. Bet £10* & Get £30* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you five times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. Registration Required |
| 7 | ✪ BetTarget | 4.5/5 | Get £15 When You Bet £10 | 65+ Olympic Markets | Athlete performance bets, Early event odds, Short bonus validity | Visit Site! | Full T&Cs Apply! New customers only. Max one £15 free bet. Qualifying bets must be placed at odds of 1/1 or greater. Paid as bonus token with min 4/5 odds req. Skrill, Neteller, & PayPal not eligible. |
| 8 | ✪ Betiton | 4.5/5 | Bet £15 Get £10 In Free Bets | 61+ Olympic Markets | Record-breaking odds, Detailed guides, Limited market depth | Visit Site! | Full T&Cs Apply! 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 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. |
| 9 | ✪ MrMega | 4.4/5 | Bet £15 Get £10* In Free Bets | 56+ Olympics Markets | High Olympic payouts, User-friendly interface, Basic event coverage | Visit Site! | Full T&Cs Apply! 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 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. |
| 10 | ✪ NetBet | 4.2/5 | Bet £5 Get £10 In Free Bets | 56+ Olympics Markets | Track & Field odds, Betting strategy tips, Few in-play markets | Visit Site! | Full T&Cs Apply! min odds 3/1 (4.00) / min 3 selections / free bet valid 7 days / T&C apply / 18+ / Begambleaware. |
Top 10 Olympics Betting Sites
- 🥇 10bet ✪ Our Top Operator
- 🥈 BetVictor ✪ Best for New Players
- 🥉 Spreadex ✪ Great Live Olympics Betting Site
- ✪ The Pools ✪ New Olympics Bookie
- ✪ YetiBet ✪ Best Olympics Bet Builder Site
- ✪ bet365 ✪ Daily Olympics Betting Bonuses
- ✪ BetTarget ✪ Top Olympics Betting App
- ✪ Betiton ✪ Secure Olympics Sportsbook
- ✪ MrMega ✪ High Olympic Payouts
- ✪ NetBet ✪ Best Track & Field Odds
10bet – Best Olympics Betting Site
| 10bet | Up to £50 50% Deposit Bonus | Visit Site! | Full T&Cs Apply!! New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; T&C apply; 18+ |
In our 10bet review, we highlight its commendation for Olympic betting, thanks to its extensive coverage of the games.It caters to fans of swimming, gymnastics, basketball, soccer, and more, offering a broad selection of markets for each. The site also features in-play betting for various events, allowing bettors to place wagers as the action happens. While you might not bet on the 100 metres mid-race, the platform provides ample opportunity to engage with other live events, positioning 10bet as a solid choice for those looking to bet on the Olympics.
BetVictor – Top Odds for Olympics
| BetVictor | Bet £10 Get £30 In Free Bets | Visit Site! | Full T&Cs Apply! 18+ New customers only. Opt in, bet £10 (odds 2.00+) on any football market within 7 days of registration. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Debit Card/Apple Pay payments only. Click for T&Cs. Please Gamble Responsibly. |
BetVictor shines as an excellent choice for Olympic betting, thanks to its wide-ranging event coverage. Bettors can find options across diverse events such as track and field, boxing, cycling, and diving. What sets BetVictor apart are the special patriotic GB bets, allowing fans to specifically support Great Britain’s athletes with tailored wagers. This unique feature, combined with their broad event selection, makes BetVictor a standout platform for those looking to immerse themselves in the Olympic spirit and back their national team with more than just cheers.
Spreadex – Unique Punting Options
| Spreadex | Get up to £35 In Free Bets | Visit Site! | Full T&Cs Apply! Place a £25 fixed odds bet at minimum odds of 1/2. Get 5 x £5 free fixed odds bets + 2 x £5 free Total Goals spread bets. Spread betting losses can exceed deposit. 18+ begambleaware.org |
The UK betting site Spreadex stands out for its Olympics betting options, offering special bets that go beyond the usual. You can place wagers on unique aspects like the Opening Ceremony and which country will top the medal table, among others. Plus, Spreadex allows you to bet in-play across a multitude of sports, ensuring you’re part of the action as it happens. With these specialised bets and the chance to engage with live events, Spreadex presents a compelling option for those keen to explore every angle of the Olympic Games.
When it comes to key qualities and features, each of the suggested sportsbooks excels in different categories. For instance some bookies will offer interesting daily promos, while others will have better odds and more diverse markets. With that in mind, let’s breakdown the best Olympics betting sites.
After carefully examining each operator on our UK online bookies list, it should be a little easier to pick the right one for your needs. What’s more, we’ll explore further other fundamentals and features that are all greatly related to betting on the 2024 Olympics games.
Stick with us till the end of the guide to learn about some useful strategies, betting tips, and much more.
The Most Popular Olympic Sports You Can Bet on at the 2024 Olympics
With over 30 sports, nearly 50 disciplines, and hundreds of races, there is plenty of opportunities for Olympic Games betting. While not every event will be available at every bookmaker, the top Olympic sports betting sites have a massive range of choices for you to wager on.
| Olympic Sport | Governing Body | Olympic Since | Participations | Most Gold Medals |
|---|---|---|---|---|
| Swimming | FINA | 1896 (Women 1912) | 32 | USA (254) |
| Gymnastics | FIG | 1896 (Women 1928) | 32 | USSR (72) |
| Track and Field | IAAF | 1896 (Women 1928) | 32 | USA (335) |
| Football | FIFA | 1900 (Women 1996) | 26 (Women 6) | Hungary (3), GB (3) USA (Women, 4) |
| Basketball | FIBA | 1936 (Women 1976) | 19 (Women 11) | USA (16), Women 9) |
The table above shows the most-backed sports when Olympic betting, there are of course other sports that we have not included in the table; such as boxing, fencing, weightlifting, rowing and judo among many others. In the next section, we will take a look at some of the most popular markets that Brits bet on.
Swimming
Sixteen swimming events take place at the Olympics and these cover distances of 50m, 100m, 200m, 400m, 800m, 1,500m and even 10,000m. Butterfly, backstroke, breaststroke, freestyle, and individual medley events make up the majority of the swimming programme. Swimming has been a mainstay of the Olympics, featuring in the first edition of the modern-day Olympic Games in 1896, it’s a popular choice for Olympic sports betting.
Gymnastic
Gymnastics, like swimming, has been a permanent fixture in the Olympic calendar. It’s a beautiful display of strength in events such as the pommel horse, still rings, vault, parallel bars, and high bar but complemented with grace and poise in the floor exercise events. American Simone Biles won two medals including a bronze on the balance beam.
Track and Field
Few sporting events come close to the excitement of track and field events. The 100m final is considered the showcase event and is watched by millions. Great Britain has only had two winners since 1896, Harold Abrahams won the title in 1924 and more recently, Linford Christie in 1992. At the 2020 Olympics, Jamaican sprinter Elaine Thompson-Herah secured her place in history by becoming the first woman to win the “double-double” in the 100m and 200m events at consecutive Olympics.
Football
Betting on football is a British passion and millions of us back our favourite teams in the Premier League every week. Our love for football betting also extends to football Olympic betting. Pre-1992 Olympics in Barcelona, players were not allowed to be professional players which meant star players in the sport couldn’t compete. Thankfully this is no longer the case as was seen in the 2008 Olympic Games in Beijing in which Leo Messi helped his Argentina side to gold.
Basketball
A firm fan favourite of the Olympics is Basketball that was first introduced to the games in 1936 (1976 for women). Without a doubt, the most dominant country in basketball is the United States. Such is their dominance; they have won 15 out of the 19 available gold medals. The only time the American team have not finished in the top three was when America America boycotted the 1980 Olympic games.
A look at the Olympics Betting Odds
We promised to bring you the best betting sites, and a sure way of telling if a bookmaker is worthwhile is by the level of Olympic betting odds they offer. The lower the odds, the less money you win, and the higher profit the company makes. Alternatively, if a company offers decent odds, it means more winnings for you.
| Olympics Betting Site | Swimming | Gymnastic | Track and Field | Football | Basketball |
|---|---|---|---|---|---|
| BetVictor | 92.3% | 92.9% | 93.9% | 94.2% | 92.6% |
| Speadex | 92.5% | 92.9% | 91.2% | 93.8% | 93.6% |
| bet365 | 94.1% | 92.5% | 92.3% | 93.3% | 94.7% |
| Betiton | 91.8% | 92.6% | 93.7% | 93.5% | 92.6% |
As you can see in the table above, all five of our recommended sports betting sites consistently offered a return to player figure of over 90%. We looked at historical odds offered during the Olympic Games in Tokyo 2020. Picking five of the most popular sports, we were able to calculate the payout rates.
The Most Popular Olympics Betting Markets
When betting on the Olympics, there is an incredible range of sports you can bet on; there is also a vast range of betting types you can place. Old school betting was simply a case of team A, or team B will win, however, when Olympic sports betting today, you can bet on almost everything! In this section, we’ll cover some of the most popular bets.
Gold Medal Table Toppers
A popular market when betting on the Olympics is predicting which country will have the most gold medals at the end of the tournament. In the 1960s, the battle to be the most successful country was often a straight fight between the USA and the USSR. In recent times it is China challenging the Americans.
Under/Over Betting Market
The under/over bet is one of the most flexible betting types and can be used in a variety of different ways. The bookmaker will set a target number (this could be goals, points or even time) and you have to decide if the actual tally will be lower (under) or higher (over).
Example: One of the most popular under/over betting markets is predicting how many gold medals a particular country will win during the tournament. The bookmaker will assess a team based on past performance and current form and give an estimation of how many golds will be won. To prevent a situation that would result in the bet being pushed (returning of the stake as the bet is neither a winner nor a loser), the bookmaker will set a total that cannot be achieved such as 32.5.
How to Use it: The first step before betting is to check on the past performances of the team or player that you wish to back. Although past performance doesn’t guarantee future results, it does give a good indication of a realistic trophy haul. For example; In the 2000 Olympics Great Britain took 11 golds. This figure reduced to nine in 2004. In the Beijing games in 2008, this total increased to 19. In London, in 2012 Great Britain took 29 golds, a figure that fell to 22 in Tokyo in 2020.
Head to Head Betting
The Olympics Games is often a tournament in which fierce rivals get the chance to prove that they are better athletes than their nemeses. Older readers might remember the infamous women’s 3,000m at the Los Angeles Olympic Games in 1984 when Britain’s barefoot runner Zola Budd was involved in a tripping incident with American Mary Decker. It’s these rivalries and deciding who to back that makes Olympic betting so enjoyable.
Winner Excluding the Favourite Betting
In some sports, a particular team or individual can dominate to such an extent that it seems foolhardy to back anyone else—the British excel at cycling. Kenya and Ethiopia dominate distance running. China owns badminton and table tennis, and until recently the Jamaicans are the sprint masters. Therefore the winner excluding the favourite option breathes life back into betting on a sport that you might otherwise avoid.
Olympics Live Betting
Few things have had more of an impact on sports betting than the introduction of live betting. Also called in-play betting, you no longer have to place bets before an event, with live betting you can place bets while the action is taking place. This ability to wait until you place your bets opens up opportunities that would have seen impossible even a decade ago.
If a player or a team are notoriously slow starters, you can wait until their opponents have a lead, taking advantage of the ever-fluctuating odds. You also don’t need to wait until the event is finished to close your bet. The best Olympics betting sites offer the functionality to cash-out your bets early. Ideal if you’re not convinced your selection will hang on till the end.
Free Bets & Offers You Can Find for Olympics Betting
One of the highlights about betting on the Olympics online is taking advantage of one of the many promotions that the bookmakers offer. As the UK gambling market is one of the most competitive in the world, you’ll find plenty of special offers that you can use when betting on the Olympics.
- Free Bets
- Odds Boosts
- Acca Insurance
- Cashback Offers
- Early Bird Specials
- Competitions with Prizes
Open a new account with one of our recommended Olympic betting sites, and you can find various opportunities that you have can wager on. There are plenty of deals, we have betting sites offers if you’d like to learn more.
Bet365 is considered top for 2024 Olympics bonuses, offering a valuable £50 welcome bonus and unmatched Olympic-specific deals. Keep an eye out for bet refunds and price boosts during all major events for optimal betting opportunities.
The History of the Olympics
Historians believe the original Olympics took place in ancient Greece in 776 B.C and contained just one event, a 192-meter footrace that was won by a cook called Coroebus. Like today, the games were held every four years and honoured the sky and thunder Greek god Zeus. The games ran until A.D 67 until Emperor Theodosius I ordered a ban on all “pagan” festivals.
The modern reinvention of the Olympics took place 1,500 years later when the first modern Olympics were held in Athens, Greece, in 1896. Unlike its predecessor, which only had one event, the reimagining of the games featured 280 participants from 13 nations who competed in 43 events.
The World wars prevented the 1916, 1940, and 1944 games and the Coronavirus outbreak postponed the 2020 Olympics until 2021.
Olympic Betting: Hints & Tips
Tactics when betting on the Olympics are the same as betting on other sports, and one of the golden rules to follow is to do your research. While gut feelings are fine and can often pay dividends, best practice is to only place wagers on sports that you have a great deal of knowledge about.
Check out our Olympics betting tips and strategies you can apply:
- Research all stats, rankings & form of each athlete
- Have a look at the head to head history
- Check if the surface is a specialty to any player
- Search for the best price boosts and value bets
- Learn how to properly use the in-play betting feature
- Join betting communities and participate in the conversations
Finding this information isn’t challenging, though! All the best Olympics betting sites have a wealth of statistical data available to you. With just one click, you’ll be able to see historical information of when the teams or players last faced each other.
As the form is a good indicator when betting, utilising the tools available to you can be the difference in seeing a return or not.
Olympics: Interesting Facts
So far in this guide to betting on the Olympics, we’ve looked at some of the sports that punters place bets on in the tournament. We’ve explored some of the popular markets, such as gold medal betting and the over/under markets, and we’ve had a brief overview of the history of the tournament.
In this next section, we’ll continue the theme of history and share some of the interesting facts and figures that you may not know about the Olympics.
Admittedly this will not help you win any money, but we hope you’ll find it interesting nonetheless.
The Olympic Flag
The Olympic logo featuring the interconnecting rings represents the five significant continents of the world. They are joined together to symbolise friendship. The colours were chosen because every flag of a nation contains at least one of the colours (blue, yellow, black, green and red). The flag was created by Pierre de Coubertin in 1914.
The Olympic Motto
As well as designing the Olympic flag, Pierre de Coubertin also introduced a motto and an oath for the games. The motto is the Latin phrase: Citius, Altius, Fortius which means “Swifter, Higher, Stronger”. An oath is also read out by one athlete at the opening ceremony on behalf of all competitors. It pledges that athletes will abide by rules and the true spirit of sportsmanship.
Opening Ceremony
The first opening ceremonies were held during the 1908 Olympic Games in London, and while it can often seem random, there is a strict order in which teams appear. The first country to enter the arena is always the Greek team, paying homage to the ancient Olympic Games. The rest of the competitors come in alphabetical order with the final country appearing being the host nation.
Olympic Betting: Conclusion
Betting on the Olympics attracts a broad audience at online sportsbooks, and it’s understandable given the diversity of sports available. From the grace of rhythmic gymnastics to the stamina required for triathlons, there’s a match for every interest.
Our recommended sites streamline the betting process. They offer a broad selection of events with competitive odds, ensuring good value. Additionally, new customer deals present an opportunity to optimise bets from the start, adding a strategic angle to Olympic betting at UK bookmakers.
FAQ’s Regarding Olympic Sports Betting
We have now reached the end of our guide to betting on the Olympics, and we hope you have found this overview useful and informative. In this last section, we will cover the frequently asked questions we get asked about betting on the Olympics at online sports betting sites.
What are the best Olympics betting sites?
After a thorough benchmark, we have successfully picked the best Olympics betting sites. Each one offers unique features and a safe and regulated gaming environment. You can take advantage of rewarding welcome bonuses and the most competitive odds for Olympic sports events.
Is Olympic sports betting safe?
All of the sports betting sites that offer Olympic sports that we feature on this page are fully regulated and licenced by the UK Gambling Commission. This ensures that your online betting experience is as safe as possible. For added protection, these bookmakers offer a wide range of payment methods which add an extra layer of protection.
Can I use a welcome bonus for Olympic sports betting?
Yes, you can use a welcome bonus for Olympic betting. As the UK is one of the most competitive sports betting markets globally, bookmakers offer some excellent incentives for you to join them. These range from matched deposits, free bets, and cashback deals.
What Olympic sports can I bet on?
There are over 45 sports that are featured at the summer Olympics ranging from team sports such as football, water polo, and volleyball to individual events such as wrestling, BMX racing, and judo. All of which can be backed at our recommended Olympic betting sites. You can find out more information about the different sports by checking our dedicated section.
Can I bet on the Olympics live?
Thanks to in-play betting that is available at online sites, you no longer need to ensure you have placed your bets before an event starts. You can now bet on the action while taking place and getting better value by waiting to place your wager. To find out more, check out our Olympics live betting section.