Best Olympic Games Betting Sites


Olympics betting sites expect to be busy when the 2020 Summer Olympics commence on July 23rd, 2021. Tokyo 2020 was originally scheduled to start last July, but the games were postponed due to the Covid-19 pandemic. This iteration of the Summer Games will be like no other as they will be held with no spectators in attendance.

The Tokyo 2020 Summer Olympics will feature over 11,000 athletes representing 206 countries. There will be a total of 339 events in 50 disciplines, which means loads of betting opportunities. In preparation for this, our experts have scoured the internet to find you the best Olympics sports betting sites.

List of Olympic Games Betting Sites

Found: 2 Bookmakers

Olympic Betting – The Ultimate Guide


In this article

Our mission is to help you find the best bookmaker for betting on the Summer Olympics. After reading this tutorial, you will be able to bet on the Olympics with confidence knowing that you have chosen the Olympics betting site that’s best for you.

Below you will find:

Best Olympic Games Betting Sites

One of the greatest things about the Olympics is that they feature such a wide variety of sports. Not only will sports fans around the globe be able to enjoy popular sports like baseball, basketball, football, and tennis, but they will be able to take in smaller market sports like aquatics, canoeing, equestrian, and cycling too.

Whether you are a seasoned sports bettor or a recreational punter who wants to lay wagers out of a sense of patriotism, we will find the ideal bookie for you.

What you Need to Know about Betting on the Olympics

Big Olympic rings

The modern Summer Olympics have traditionally been held every four years since 1896. The only times they were cancelled was in 1916 due to WW1, and then again in 1940 and 1944 because of WW2. The Covid-19 pandemic almost resulted in the cancellation of the 2020 Summer Games, but the organisers are determined to hold them despite being a year late.

Betting on the Summer Olympics can be as exciting as the games themselves. Having such a variety of sports gives punters a chance to hone in on certain events and make their wagers more profitable. While many patriotic fans will dutifully back their fellow countrymen, experienced punters will use every advantage they can gain to lay the smackdown on their bookies.

  1. The original Olympics started in 776 BC and ran until 392 AD. The games were then put on a hiatus until 1503 years had passed when they were resurrected in 1896.
  2. The United States leads the Summer Olympics’ gold medal count with 1,022 in their 27 appearances. That’s an average of just under 38 gold medals per outing. The Over/Under on the USA gold medal count at Tokyo 2020 is 43.5. They won 46 gold medals at Rio 2016.
  3. Looking for a strong bet? How about China to win gold in table tennis? Not only have they won five gold medals in the past six Summer Olympics, but they also won five silvers and three bronzes in that timeframe. China won gold, silver, and bronze at the 2008 Beijing Games. That’s total domination!
  4. Tokyo 2020 will see the debut of surfing, skateboarding, karate, and sports climbing as official Olympic events. Baseball is also back for the first time since the 2008 Beijing Games.

The best Olympics bookmakers cover all events. In addition to offering competitive odds on the winners and losers of individual events, they also offer odds on a variety of other things that occur during competition. For instance, football bettors can wager on whether Mexico will beat France, but they can also bet on things like spreads, goal totals, corners, first/last team to score, or the exact score. The best Olympic basketball betting sites will offer odds on such things as alternative spreads, 1st half winner, margin of victory, and whether or not the game will go into overtime. In short, the Olympics serve up a smorgasbord of betting options for people all over the world.

What you Need to Know about Betting on the Olympics
🏆 Official Title 2020 Summer Olympics / Games of the XXXII Olympiad
🏙️ Host Tokyo 🇯🇵
🌏 Nations 204
🏟️ Events 339 (33 sports)
🏅 Popular Sports ⚽ 🏀 🎾 🏊‍♀️ 🏐
💴 Best Bookmaker 888sport



What are the most common sports betting welcome bonuses?

The most popular welcome bonuses for sports betting are bonus cash, free bets, and risk-free bets. Some sites offer a combination.

Are there any Olympic-specific bonuses or promotions?

The best online sportsbooks are sure to run Olympic-specific promotions such as enhanced odds, bore draw, cashback, and others.

Where can I find the Tokyo Olympics betting menu?

Your bookmaker should have ‘Olympics’ listed among its supported sports. You can select it and then pick the sport you want to bet on.

Can I use a bookmaker bonus to bet on the Summer Games?

While the terms and conditions of bonuses vary from bookie to bookie, you will more than likely be able to use your bonus cash to bet on the Olympics – at least to satisfy wagering requirements. Make sure to read those T&Cs.

How do I claim a sportsbook welcome offer?

You can usually claim a bookmaker welcome bonus by either opting in when prompted during the registration or when you make your first deposit. If you are unsure how to claim a bonus, contact the site’s support staff.

How to Bet on Olympic Games at 20Bet

Betting on Olympic events is the same as placing bets on anything else via online sportsbooks. Anyone new to sports betting can refer to the following instructions. They will show you how to place a wager in just seconds.

  1. Choose and visit a bookmaker

    Check out our 20Bet review for all the reasons you should consider signing up. Although there are several other top-tier Olympics bookies you can learn about too. Once you pick the one that best suits your sports betting needs, you can use your mobile or desktop browser to visit the website. Registering an account should only take a few seconds.
    Happy man holding laptop
  2. Find the sports category

    Most bookmakers like 20Bet make it easy to find the sport or event you are looking for. The list of available sports is typically located on the left side of your screen. With mobile platforms, you should be able to swipe straight over to the list. With sports like football, hockey, and baseball, you will then need to select the league you want to wager on.
    Multiple sports balls
  3. Choose a match

    Once you have found the sport and league for placing your bets, it’s time to click on the match you plan to punt on. But the decision-making process doesn’t end with selecting a match. You must now find the exact bet you want to make. You will be confronted with dozens, if not hundreds of betting options. Choose carefully!
    Hand moving a pawn
  4. Place a Bet

    So, you’ve decided on your wager. Now all you need to do is click on it. You will immediately see your bet slip pop up featuring your selection. Make sure the selection and odds are correct and then enter the stake amount in the field provided. Your wager will be placed as soon as you hit the ‘Submit’ button. Remember that you cannot cancel a bet once it’s been submitted.
    Hands on laptop

Betting Tips & Strategies

Novice punters usually have a lot of questions about sports betting. Of course, most of them just want to know how to win. While there are no guaranteed ways to win your bets and earn a profit, you can give yourself the best odds of coming out ahead by employing a betting strategy.

Getting a sportsbook welcome bonus can get you off to a fast start. However, choosing a bookmaker that consistently offers superior odds can be more profitable in the long term. Sure, a recreational punter who wants to place a bet on Billal Bennama to win gold in boxing probably doesn’t care if they are getting -115 or -105 at their favorite new French bookmaker. However, all of those dimes can really add up over time. With such a slim margin for error in sports betting, getting the best price is a critical component of a successful betting strategy.

Tokyo 2020 Summer Olympics Betting Tips

The 2020 games are right around the corner, leaving little time for prospective bettors to prepare. However, they can use this time to hone in on certain sports they are already familiar with. The importance of researching your picks cannot be understated. You want every wager to be an informed wager. Betting blindly or simply to get some action is not conducive to a winning approach. Other tips for betting on Tokyo 2020 include:

  • Keep an Eye Out for Injuries: Injuries play a huge role in all sports. Knowing who is injured and how injured they are can give you a valuable edge.
  • Study the Odds: Did the odds of a certain athlete to win an event suddenly drop from even money to +500? There’s a reason for this and you need to find out what it is. It could be a number of things such as an injury or a load of sharp money flooding in on the favorite.
  • Don’t be afraid to use the Cashout option: While you still have to pay the juice, don’t be afraid to Cashout your bets if the situation calls for it.

Bookmaker betting tips

With two distinctive styles of betting – live and pre-match – be sure that you have enough experience for both of them, or focus on a single one. Learn as much as possible about your sports or try to gauge the flow of the race or competition – it’s entirely up to you. In addition to this, choose a reliable bookmaker that will accept your bets without a hitch and on time.

The approximate list of such bookmakers:

  • Bet365
  • 22bet
  • William Hill
  • Rabona
  • 888sport

Beijing 2022 Winter Olympic Betting Tips

The 2022 Beijing Winter Olympics won’t get underway until February 4, 2022. This gives punters a lot of time to do their homework. You can follow prospective competitors to get a firm grip on how they should perform. You should also remember to:

  • Follow the weather: The weather can have a major impact on the Winter Olympics. Heavy snow, high winds, and warmer than normal temperatures can wreak havoc on skiing events, bobsledding and luge, and any other outdoor competition.
  • Only bet what you can afford to lose: You have to stay in control of your emotions as you navigate the dizzying highs and crushing lows of sports betting. Set your limit and stick to it. Getting too carried away is a surefire way of zeroing out your betting account.
  • Look for Special Betting Offers: One of the best things about our recommended Olympics bookies is that many of them run special promotions during the Winter Olympics. You can take advantage of cash bonuses, free bets, enhanced odds, and much more.
  1. 1

    Welcome Bonus up to 1,200 HKD

  2. 2

    Welcome Bonus 100% up to €100

  3. 3

    100% bonus on the first deposit up to 1,000 HKD

  4. 4

    100% bonus on the first deposit up to $150

  5. 5

    100% bonus on the first deposit up to 769 HKD

Top 4 Bookies with Attractive Bonuses

We know how difficult it can be to find the best bookmakers and valuable bonuses, so we’re here to do all that work for you. Let us introduce you to five of our favorite online bookies. They are licensed, regulated, and reputable. They offer competitive odds on the widest range of sports and they all have a welcome offer waiting for you to claim. Make sure to check out our in-depth bookmaker reviews for more information.

  1. 888sport: Bet 10€ Get 30€ in Free Bets.
  2. Bet365: Register now to claim up to $/£/€100 in bonus cash.
  3. Betsson: Claim up to €100 in bonus cash plus a free €10 bet.
  4. 20Bet: Claim up to €100 in bonus cash.

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Review Author

Jeffrey Gynn

Jeffrey Gynn

Hello my fellow sports betting fanatics! My name is Jeffrey Gynn and I am excited to be a contributing member here at