Shutters Go up on Paris 2024 Olympic Games Betting Markets

Published on: 21/06/2024

Featuring 32 sports over 18 days of competition, generating 3,800 hours of live sport and providing 329 gold medals, the 2024 Olympic Games will be a betting bonanza. The opening ceremony will be held in Paris on Friday, July 26th, but the sport begins two days earlier with pool matches in Football, Rugby Sevens, Handball and Archery.

Traditional big-hitting betting sports such as Tennis, Football and Golf will take the lion’s share of the Olympic betting turnover at Britain’s online gambling sites. Cycling has a huge betting fanbase on the continent, and American bettors will support their country throughout the Men’s Basketball competition.

Construction work on temporary grandstands is underway on the site of the Eiffel Tower in preparation for the Paris 2024 Olympic Beach Volleyball event.

France is preparing itself for 10,000 athletes and hundreds of thousands of spectators during the Summer 2024 Olympic Games. ©Getty

Bookmakers will introduce markets on most Olympic sports as the clock counts down from months to weeks and then to hours. However, the shutters have already gone up on several events, and early birds may be able to pick out some value. Courtesy of our expert guide here is all you need to know about betting on the 33rd Summer Games.

Who Will Beat Their Quota With Everything on the Line?

The USA is expected to top the medal table in Paris. The best sports betting sites quote the American team on 1/6 to win the most golds for a fifth successive Olympics. China, offered on 9/2, is considered the nation’s only realistic rival in the medal count stakes. Predicted to finish fourth on the table, Team GB can be backed on 150/1.

Line markets on gold medals and all medals won by individual countries offered by the Unibet betting site provide an excellent insight into what fans and punters can expect to pan out during the Summer Games. Team GB’s lines have been set on under/over 16 golds and under/over 62 medals in total. Either scenario is quoted as a marginal odds-on proposition.

2024 Olympic Games Medal Lines

Country Golds Odds Total Medals Odds
USA 39.5 19/20 over – 3/4 under 122.5 19/20 over – 3/4 under
China 33.5 17/20 over – 17/20 under 87.5 17/20 over – 17/20 under
France 25.5 17/20 over – 17/20 under 53.5 17/20 over – 17/20 under
Great Britain 16.5 19/20 over – 3/4 under 62.5 19/20 over – 3/4 under
Netherlands 15.5 13/20 over – 11/10 under 38.5 17/20 over – 17/20 under
Australia 13.5 3/4 over – 19/20 under 47.5 3/4 over – 19/20 under
Italy 11.5 13/20 over – 11/10 under 46.5 3/4 over – 19/20 under
Germany 9.5 13/20 over – 11/10 under 34.5 3/4 over – 19/20 under
Canada 5.5 3/4 over – 19/20 under 21.5 3/4 over – 19/20 under
Spain 4.5 19/20 over – 3/4 under 18.5 3/4 over – 19/20 under
Poland 3.5 3/4 over – 19/20 under 11.5 13/20 over – 11/10 under
Denmark 3.5 13/20 over – 11/10 under 10.5 3/4 over – 19/20 under
Belgium 3.5 3/4 over – 19/20 under 10.5 19/20 over – 3/4 under
Sweden 3.5 13/20 over – 11/10 under 8.5 3/4 over – 19/20 under
Norway 3.5 3/4 over – 19/20 under 7.5 19/20 over – 3/4 under
Colombia 0.5 2/1 over – 33/100 under 3.5 13/20 over – 11/10 under
Finland 0.5 4/1 over – 2/15 under 1.5 5/4 over – 11/20 under

Olympic Schedules Should Run Like Clockwork

The first medal of the Games is expected to be awarded in shooting. The mixed team Air Rifle is scheduled to be decided by 10.30 am on July 27th. The final medal will be presented for Women’s Basketball at 4.30 pm on Sunday, August 11th.

Fourteen gold medals will be awarded on the opening day of the Games and 13 on the closing day. The busiest days are August 10th, with 39 medal ceremonies and August 9th (34 medal events). Athletics is the sport that offers the most events. Between August 1st and August 11th, there are 48 track, road and field medal events.

Sport Events Dates Number of Medals
Archery 25 July to 4 August 5
Artistic Gymnastics 25 July to 4 August 14
Artistic Swimming 5-10 August 2
Athletics 1-11 August 48
Badminton 27 July to 5 August 5
3×3 Basketball 30 July to 5 August 2
Basketball 27 July to 11 August 2
Beach Volleyball 27 July to 10 August 2
Boxing 27 July to 10 August 13
Break Dancing 9-10 August 2
Canoe Slalom 27 July to 5 August 6
Canoe Sprint 6-10 August 10
Cycling BMX 30 July to 2 August 4
Cycling Mountain Bike 28-29 July 2
Cycling Road 27 July to 4 August 4
Cycling Track 5-11 August 12
Diving 27 July to 10 August 8
Equestrian 27 July to 6 August 6
Fencing 27 July to 4 August 12
Football 24 July to 10 August 2
Golf 1-10 August 2
Handball 25 July to 11 August 2
Hockey 27 July to 9 August 2
Judo 27 July to 3 August 15
Marathon Swimming 8-9 August 2
Modern Pentathlon 8-11 August 2
Rhythmic Gymnastics 8-10 August 2
Rowing 27 July to 3 August 14
Rugby Sevens 24-30 July 2
Sailing 28 July to 8 August 10
Shooting 27 July to 5 August 15
Skateboarding 27 July to 7 August 4
Sport Climbing 5-10 August 4
Surfing 27 July to 4 August 2
Swimming 27 July to 4 August 35
Table Tennis 27 July to 10 August 5
Taekwondo 7-10 August 8
Tennis 27 July to 4 August 5
Trampoline Gymnastics 2 August 2
Triathlon 30 July to 5 August 3
Volleyball 27 July to 11 August 2
Water Polo 27 July to 11 August 2
Weightlifting 7-11 August 10
Wrestling 5-11 August 18

The Football Rules Are Not Childs Play

Currently, markets are available on 14 different sports and several events within each of these. The 2024 Olympic Games have many interesting twists. For example, Football has a men’s and women’s tournament. However, the men’s event is restricted to players aged under 23, with a maximum of three overaged players allowed on each squad.

The bizarre criteria could make the Football competition difficult to predict and open to shock results. UK bookmaker odds suggest the French team is the most likely winner – its side is quoted on odds of 9/4. Argentina (11/4), Spain (3/1), and Morocco (9/1) follow. Sixteen teams will participate in the competition, including Mali (33/1) and the Dominican Republic (250/1).

Use the Flemish Form Book in Paris

Similarly peculiar, despite producing one of the greatest Tour de France time trials in history, the 2022 and 2023 Tour de France winner Jonas Vingegaard does not feature in the Men’s Cycling Road Race entry. Instead, his nation, Denmark, has selected Mikkel Bjerg, Michael Mørkøv, Mads Pedersen, and Mattias Skjelmose to represent it in Paris.

The 273-kilometre race will set off close to the Eiffel Tower. The riders face a hilly day to the southwest of the French capital. There are 13 climbs, mostly between one and two kilometres and averaging five-to-six percent. As several climbs are cobbled, the Olympic Road Race course resembles the Flemish Classics.

Olympic Games betting sites have made the connection. In their current betting, Mathieu van der Poel – who won the fastest Tour of Flanders ever in 2024 and had taken the race twice before – is trading as the 3/1 favourite. The 2023 Tour of Flanders winner, Tadej Pogačar is 5/1 second favourite.

Who Will Ace the Olympic Tennis?

Olympic Tennis will be played in a familiar setting, Roland Garros. At the beginning of June, Spain’s Carlos Alcaraz landed the French Open on its clay courts, and he is quoted on 7/5 to continue his winning run in Paris. 2024 Australian Open winner Jannik Sinner is 9/4 in the competition betting.

Novak Djokovic has been confirmed as a contestant by Serbia’s Olympic Committee. Now 37, he has taken part in the past four Olympics but has never made the final and has collected just one bronze medal. Priced 4/1 by the UK’s tennis betting sites, he completes a trio of A-list tennis stars in the Men’s Singles event.

Rafael Nadal, Olympic Gold medallist at the 2008 Games, will be in Paris hoping to double his gold tally. However, his target is the Men’s Doubles, where he will partner with Carlos Alcaraz. Betting is currently unavailable on this contest, but with 14 French Open titles on his CV, this duo will surely be long odds-on favourites when it appears.

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The Olympic flag flutters in the wind.

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