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How To Bet On The 2021 Tokyo Olympics At DraftKings

If you're looking to bet on the 2021 Olympics in Tokyo, DraftKings may just be the place for you
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How to Bet on the Olympics

The 2020 Olympics in Tokyo, Japan, which were pushed back to 2021 due to the COVID-19 pandemic and the ways it impacted international travel, present a specific milestone for the sports betting world. The 2021 Olympic Games are the first ever Olympics that US citizens will be able to legally wager on outside of Las Vegas, NV.

That’s right, for the first time ever you’ll be able to bet on the Olympics and back your country (or another) to win the most medals, win specific medals or surpass the total medal count number set by sportsbooks.

There are tons of ways to bet on 2021 Olympic odds, and one of our partners, DraftKings, is leading the way when it comes to betting on the Olympics.

We’re all looking for some kind of edge when it comes to Olympics odds. So, it’s time to break down the 2021 Olympics odds and betting to see where we should be putting our money come this summer in Japan.

Olympics Odds

So, what exactly can you bet on when it comes to 2021 Olympics odds? Well, mostly everything when taking a look at DraftKings’ latest Olympics odds.

Not only can you bet on medal count, gold medal count and which country will have the most amount of medals when the Olympics is over, but you can also bet on all the individual events listed below.

All you need to do is sign up for DraftKings and head over to their Olympic Games page. If you don’t have a DraftKings account, you’re in luck. Just click the exclusive offer button below to sign up AND get a deposit bonus worth up to $1000!

Men’s Basketball

Men’s Basketball – 3x3

Men’s Field Hockey

Men’s Handball

Men’s Rugby Sevens

Men’s Volleyball

Men’s Water Polo

Men’s Tennis – Singles

Men’s Soccer

Women’s Soccer

Women’s Basketball

Women’s Basketball – 3x3

Women’s Field Hockey

Women’s Handball

Women’s Rugby Sevens

Women’s Softball

Women’s Volleyball

Women’s Water Polo

Women’s Tennis - Singles

View the latest DraftKings promo codes here.

How to Bet on the Olympics at DraftKings

As we mentioned above, the first step of betting on the Olympics with DraftKings is making sure you have a DraftKings account and live in a state where online gambling is legal. Once you’ve done that, the world is your oyster.

DraftKings seems to be the early leader in the clubhouse when it comes to Olympics betting and Olympics odds. The have over 20+ different over/under markets for individual countries.

So, maybe you think the United States is in for a down year, or you think Denmark is poised to go over 8.5 medals. DraftKings is the place to be when it comes to medal betting and individual event betting.

Which Country Will Win the Most Medals?

As of right now, the odds have the United States as the favorite to win the most medals, according to their over/under total for total medals won during the 2021 Olympics in Japan.

The latest United States Olympic odds have their medal count over/under set at 110.5 at DraftKings. Right behind the United States is China, sitting at 85.5. So, oddsmakers are expecting the United States to win the medal count by a pretty substantial margin.

Japan is behind China with its Olympics odds medal over/under currently at 55.5 while Australia’s 41.5 medals puts them in fourth place, according to DraftKings.

You can bet on the final medal count for each of the following countries:

United States


Great Britain
















Remember, in order to bet on these Olympics odds you have to have a DraftKings account. So, click the exclusive offer button below to sign up or sign in. If you don’t already have an account, you get a few bonus worth up to $1,000, based on your first deposit.


Here at oddschecker, we have a team of highly-experienced writers, who keep their finger on the pulse when it comes to the latest sports and betting news and predictions. This gives us the ability to bring you all the information you need when it comes to your favorite sports.


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