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2020 Olympics Betting: Your Complete Guide


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July 2021 – The build up to the Olympic Games continues, but recent confirmation of how the event will take place has not been good news for fans.

Unfortunately, due to a rising number of Covid-19 cases, no fans will be allowed into the games in Japan this summer.

Postponed in the summer of 2020, the new dates for this event are July 23 – August 8 2021.

Despite moving a year back, the event has kept onto the name Tokyo 2020.

Olympic Betting Tips: How To Back A Winner

When thinking about Olympics sports betting, it can often be difficult to know where to start. It’s not like football where you know the Premier League inside out, you’re often betting on sports you watch once every four years and don’t follow too much in between.

There are many Olympic tips you should take note of before placing a bet, including:

  • Bet on sports you know: It’s always important to know about the sports in which you’re betting on. There’s no point betting on badminton, if you’ve never watched it before. Stick to the sports that you have a good understanding on as it will ultimately give you a better chance of winning (as well as less chance of losing!)
  • Start considering your bets now: The earlier you take an interest in the sports you wish to bet on the more knowledge you’re going to have of things like form, the competition and where the best value lies
  • Analyse recent world championships and Olympics: Most athletes will work in cycles, with the aim of hitting peak form during world championships and Olympic Games’. Analyse results in the world championships and Rio 2016 (and even London 2012) and you’ll get a good understanding of which athletes and nations work towards the Games and then step up when it matters. Form is of course important to monitor, but if an athlete isn’t winning now, it doesn’t mean they won’t come the summer. Look at how they’re improving by checking times and finishes and following progression rather than finishing position
  • Start following experts: Many of us follow football pundits and horse racing tipsters, so follow the experts for individual events too and start developing an understanding of the landscape. For example, if you’re looking to bet on heptathlon, start following Denise Lewis. Experts are often active and talking about recent events, which can give you valuable insight into what may come at the Games.

Great Britain in the Olympics: How Will GB Do?

Team GB really shone in Rio, finishing second in the Medals Table with a staggering 27 Gold Medals. In Japan they’ll look to shine again with a number of athletes looking to add to their collection, including Laura Kenny, who could well edge closer to becoming the most decorated British Olympian of all-time.

Forecasts are suggesting they may achieve less medals overall compared to four years ago, with the likes of Dina Asher-Smith, Laura Muir and Katrina Johnson-Thompson expected to medal in athletics.

They’re certainly among our Olympic tips, while we’d also have money on Adam Peaty to defend his 100m breaststroke crown, with the swimmer still going from strength to strength, becoming one of the all-time greats in the pool.

Cycling will still be a big sport for Team GB, and we’d expect the likes of Jason Kenny, Eleanor Barker, Laura Kenny and Katie Archibald to medal, in some cases across multiple events.

Olympic Betting Offers & Free Bets

You’ll always find an incredible range of free bets on offer from bookmakers that are ideal for summer Olympics betting.

Currently you’ll find a good variety of betting offers available on our free bets page including up to £100 in bet credits for new customers with bet365!

As well as that, the likes of 888sport are giving away up to £30 in free bets, while BetVictor are offering £40 in welcome bonus offers when registering with the company.

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Summer Olympics 2020: The Sports To Bet On

The best online bookmakers will be offering a wide range of sports to bet on during the Olympic Games 2020.

The likes of bet365, William Hill and Paddy Power will be particularly extensive, with the following sports the most popular to bet on:

  • Boxing
  • Athletics
  • Gymnastics
  • Cycling
  • Swimming
  • Soccer
  • Diving

Ultimately, it’s the more familiar sports with the British public which will continue to be popular with the public, particularly the likes of diving, cycling and boxing where the main British athletes competing are already, or go on to become, household names in the country

Olympic Betting Markets: The Best Wagers To Place

You’ll usually find a number of different markets available when it comes to the Olympics with the most common being outright winners of events and outright winner of the medals table.

These are always the first markets to arrive at bookmakers in the run-up to the Games and we’ll bring them directly to you as soon as they do.

However, you will also find a number of more niche and special markets, including:

  • Over/Under Nation Medals
  • No Medals – Athlete or Nation
  • Handicap Bets
  • Prop Bets
  • Number Of Medals in a Sport
  • Most Gold Medals
  • Most Silver Medals
  • Most Bronze Medals

And of course many more. All the major bookmakers will have a good range, with the big names turning their attention away from football and horse racing for two weeks to offer odds on archery, table tennis and water polo.

How To Watch The Summer Olympics 2020

The Summer Olympics will be available to watch live in the UK on the BBC and BBC iPlayer with every single event available to watch and stream.

As well as this, you can also keep in the loop of many sports through bookmakers’ live streaming options. Many bookies will allow you to watch sports such as football, netball, handball and badminton, allowing you to get insight on who could be the main contenders.

For all the best bookmakers to live stream, visit the Live Streaming section of our website.

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