Paris Olympics 2024 Gold Medal Odds: Will Team GB hit their target?

Paris Olympics 2024 Gold Medal Odds: Will Team GB hit their target?

After the success of Tokyo 2020 there are high expectations for Team GB in Paris.

The quest for gold medals in Paris has officially begun as the world's elite athletes gear up to etch their names into the annals of Olympic history.

Team GB, featuring 327 athletes across 24 different sports, is brimming with potential. The spotlight shines particularly bright on star performers like Keely Hodgkinson, Adam Peaty, and Delicious Orie, among others.

After experiencing a gradual decline in gold medal counts since the 2012 London Games—where they secured 29 golds, falling to 27 in Rio 2016 and 22 in Tokyo 2020—expectations are high for a turnaround in Paris.

As Team GB aims to reverse this trend, let's take a look at the chances the bookmakers give them.

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Team GB Total Olympic Gold Medal Odds

Medals Best Odds Implied Probability
Over 15.5 13/20 61%
Under 16.5 4/5 56%
Over 16.5 10/11 52%
Under 15.5 11/10 48%

 

Bookmakers are offering odds for over/under 15.5 or 16.5 and have given Team GB a 52% chance of winning over 16.5 golds in Paris at a best price of 10/11 available at Sky Bet.

UK Sport have set a target of between 50-70 medals as they look to overtake USA and Japan, the only two nations to earn more medals than GB in Tokyo.

However, bookmakers don't seem to have much faith that many of those medals will be gold this year. They believe that reaching the 20 mark might be unrealistic, which would make it the first time since the 2008 Beijing Olympics that this feat has not been achieved.

 

France Total Olympic Gold Medal Odds

Medals Best Odds Implied Probability
Under 24.5 4/6 60%
Over 24.5 5/4 44%

 

There are lofty expectations for the hosts who have been given a 44% chance of achieving their most golds in over a century.

They have a best price of 5/4 (available at Paddy Power) to do so.

They returned with just 10 in the 2020 Tokyo Olympics and haven't recieved over 20 since 1900 when it was also hosted in Paris.

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