Paris Olympics: Country Gold Medal Odds

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The 2024 Paris Olympics will feature wall-to-wall action and competition across 32 sports and 329 events. While you can bet on the winner in conventional American sports like basketball and golf, the Olympics offer unique bets, such as the number of medals for each country.

The United States is the favorite for most gold and total medals — unsurprising considering Team USA led the past seven Olympics in total medals and recorded the most gold medals in six of them.

China is projected to finish second after winning 38 gold medals in Tokyo three years ago (one fewer than the U.S.), while Great Britain is projected to have the third-most this summer.

Many top sportsbooks offer betting odds for the Olympics, which run from July 26 to Aug. 11.

Olympic Gold Medal Odds

All odds subject to change.

  • USA: Over/Under 41.5 (-115/-115)
  • China: Over/Under 34.5 (-150/+115)
  • France: Over/Under 23.5 (-105/-125)
  • Great Britain: Over/Under 15.5 (-145/+100)
  • Netherlands: Over/Under 14.5 (-120/-120)
  • Australia: Over/Under 14.5 (-115/-115)
  • Italy: Over/Under 11.5 (-120/+100)
  • Germany: Over/Under 10.5 (+106/-140)
  • Canada: Over/Under 6.5 (+110/-145)
  • Belgium: Over/Under 3.5 (-135/-105)
  • Ireland: Over/Under 2.5 (-105/-125)

Most Gold Medals Odds

  • United States: -750
  • China: +350
  • France: +6500
  • Great Britain: +8000
  • Japan: +8000
  • Netherlands: +20000
  • Australia: +20000
  • Germany: +20000
  • Italy: +50000
  • Hungary: +100000

Most Medals Odds

According to oddsmakers, there’s little chance of the U.S. not winning the most total medals (gold, silver and bronze).

It would be a historic upset if another country was on the podium more than Team USA.

  • United States: -2500
  • China: +900
  • Great Britain: +5000
  • Japan: +5000
  • France: +8000
  • Australia: +20000
  • Germany: +20000
  • Italy: +20000
  • Canada: +30000
  • Netherlands: +35000
  • Cuba: +50000
  • New Zealand: +50000
  • Brazil: +50000
  • Hungary: +50000
  • South Korea: +100000

When Are The Olympics?

The Olympics officially start with the opening ceremony on Friday, July 26, and conclude on Sunday, Aug. 11.

The action will be available on NBC with at least nine hours of daytime coverage (Paris is six hours ahead of Eastern Standard Time) and a primetime highlights show every night.

The Olympics will also be available on NBC’s streaming platform, Peacock.

You can watch select Olympic events at about 160 AMC movie theater locations as well. While on-site betting won’t be available at AMC theaters, bettors can wager on their mobile devices so long as they’re in a state where sports betting is legal.

Olympic Events to Bet On

American bettors can wager on most Olympic events, though some states may not allow bettors to place wagers on certain events if they contain athletes younger than 18 years old.

For individual events like track & field or skateboarding, you can bet on who will win (equivalent to a moneyline bet) and sometimes the margin of victory (essentially a spread). You can usually also bet on the total in team sports like basketball.

You can place futures bets on some sports with preliminary or group stage competitions as well. Some sportsbooks will also feature promotions based around notable American athletes like Sha’Carri Richardson and Simone Biles.

There will be attention on Richardson and fellow sprinter Noah Lyles. They’ll both be favorites to win the 100 and 200 meters, which are usually among the most-watched Olympic events.

This could also be a historic Olympics for Biles, who’s just the third American female gymnast to make three Olympic teams. She needs one medal to become the most decorated American Olympic gymnast ever and could become the oldest woman to win the all-around.

Photo by Chesnot/Getty Images

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