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How To Bet On The Olympics: 2021 Olympics Betting Guide

The complete betting guide for how you can bet on the 2021 Olympics in Japan.
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How To Bet On The Olympics: 2021 Olympics Betting Guide

It may not seem like it, but the 2021 Olympics in Tokyo, which officially started on Friday night, are the first ever Olympic games that you can legally bet on in the United States. So, it only makes sense that people have a few questions about how to bet on the Olympics.

The best part about the Olympics is that there are endless sporting events on TV, some that you didn’t even know you’d care about, and you can now bet on almost all of them. But, where should you be betting on the Olympics? We’ve got you covered.

We’ll break down how to bet on the Olympics, where you should be betting and which Olympics betting offers you should be taking advantage of over the next few weeks as the 2021 Summer Olympics in Tokyo continue on.

How To Bet On The Olympics

Like we mentioned earlier, because of the vast array of different sports always being played, there is no limit to how many different Olympic sports you can bet on at the sportsbook of your choosing. The possibilities are endless.

Not only can you bet on individual sporting events, but you can also bet on futures, predicting which countries will win gold in a certain event, and you can bet on country medal counts and which team you think will take home the most hardware once the 2021 Olympics come to a close.

You can bet on all of the following individual events listed below:

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

As we mentioned earlier, you can also bet on the medal count and gold medal count for a lot of countries as the game progress. The odds and numbers start to increase/decrease as the games go on and certain countries either exceed expectations or come up short.

The United States’ medal count total usually sits around 110.5, depending on which sportsbook you look at. But, no matter where you look they are the favorite to win the most medals. The last time the United States didn’t win the most medals in an Olympic games was all the way back in 1992.

You can bet on the medal count for the following countries at the 2021 Olympics.

United States


Great Britain
















How To Bet On The Olympics At DraftKings

As we mentioned earlier, the United States has led the medal count in every single Olympics since 2021. That’s why DraftKings’ latest Olympics betting offer is one of the absolute best you’ll find. Right now at DraftKings, they’ve made it incredible easy to turn $1 into $100.

New users at DraftKings can bet $1 on any Olympics market they choose. No matter the result of that bet, if the United States wins any medal in ANY Olympic event, you win $100.

Yup, you read that right. And claiming this offer at DraftKings is so simple. Just:

1. Sign up for DraftKings using the exclusive OddsChecker offer button below

2. Make a deposit in your DraftKings account of at least $5

3. Bet at least $1 on any Olympic event as your first wager on DraftKings

4. Win $100 if/when the United States win ANY medal in the Olympics

How To Bet On The Olympics At FanDuel

Another one of the best ways to bet on the Olympics is with FanDuel’s brand new Olympics offer for new users. Right now at FanDuel, you can bet $20 on any Olympic market and IMMEDIATELY qualify for a $200 bonus.

At FanDuel, you don’t even have to wait for any results in order to win. Right when you make your $20 wager, you qualify. Start by:

1.  Click the exclusive link below to ensure you qualify for the promotion

2. Register with FanDuel Sportsbook - this should take a couple of minutes

3.  Once you have registered to FanDuel Sportsbook you need to deposit $20 into your new account.

4.  Place any $20 bet on the Olympics - this has to be your first bet

5.  You have now qualified for the $200 bonus!


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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