Important Details You Need To Know About Olympics Betting Sites
The Olympics is one of the most important sports events in the world. It is held once every four years and attracts some of the top athletes in the world. The sports included in the Olympics include football, athletics, aquatics, gymnastics, basketball, badminton, and boxing. With the increased popularity of the event, more people have grown interested in online betting on the Olympics. To do this, you will have to first find a suitable online betting site. Some of the best platforms for online betting include Bet365, Bwin, Ladbrokes, William Hill, Betway, Unibet, and 888Sport. We will review these betting sites in this guide.
Betting on the Olympics is legal in most parts of the world. For the safest gambling experience, you should only sign up on bookies that have reputable online gambling licenses. The most popular betting licenses are the UKGC, Gibraltar, and the MGA.
Top Gambling Sites for Olympics Betting
Before you sign up on an Olympics betting site, you should make sure it has an online gambling license. You should note that UK punters can only use gambling licenses that use the UKGC license. We have evaluated a number of top-rated Olympics betting sites online and have reviewed the best ones below.
- Big range of sport betting options
- High odds
- Casino games
- High Odds
- Good Mobile Apps
- Reliable Customer Support
- Wide range of casino games
- Hundreds of sports betting markets
- Lots of other betting options like bingo and poker
- High odds
- Great markets
- Superb support
- Good bonuses
- Big range of sports betting options
- Different casino games
- Convenient payment methods
Bwin has gambling licenses from Gibraltar and the United Kingdom, so you can safely use it for Olympics betting. Although the site is cluttered, punters should be able to navigate it quite easily. One of the key Olympics wagers on the site is the bet on the country that will get the most medals in the event. Punters on the site can enjoy using various bonuses, and these can significantly increase their potential winnings.
- It covers many events in the Olympics.
- Punters can add events to a favourites list so that they get quick access to the markets.
- The site has excellent live betting options, and these can be great for Olympics wagers.
- The customer support of Bwin is quite poor.
Ladbrokes is an excellent Olympics betting site, especially for people who like using bonuses to place wagers. It features price boosts, welcome bonuses, and other excellent offers. All sports events are listed on the left side of the Ladbrokes website, and on the right side, you will be able to confirm all your wagers.
- You can use the cashout feature when punting on Olympics games.
- If you want to place in-play wagers, you can use the settings on the bet slip to automatically place the bets when the odds go up.
- The bookie offers price boosts on pre-match and in-play betting markets.
- The maximum payout is quite low.
№3 William Hill
Anyone who has been gambling for a while can recognize the William Hill brand easily. This is an excellent platform for Olympics betting, especially since it features very high odds. The platform also has a good selection of betting markets for the Olympics, and this can help add some variety to your gambling experience. William Hill also has a live streaming service, which you can use to watch Olympics matches.
- It offers free live streams of the Olympics, so punters placing in-play wagers can get essential information quickly.
- It covers many activities from the Olympics and also features lots of betting markets.
- The winning limits at William Hill are very high.
- The bookie does not allow punters to edit their bets after placing wagers.
Betway has been online since 2006, and it has gambling licenses from the United Kingdom and Malta. The site covers lots of Olympics events, including football and basketball. As a member of the bookie, you will be able to read news updates on various activities in the Olympics. These stories can help you make decisions on which activities you should bet on.
- The bookie has a Free Bet Club, which allows you to claim free bets every week.
- The platform has an excellent live betting section, which covers lots of markets.
- You can make deposits with more than 20 banking methods, so more people will be able to place wagers on the site.
- The welcome bonus is quite low.
Unibet is known for having a great live streaming service, and you can use it to watch various events in the Olympics. This platform has been able to attract more than 1.5 million users, mostly from the European region.
- You can use a bet builder feature to combine different Olympics betting markets.
- The bookie offers an odds boost promotion, which will help to boost your potential earnings from the wagers.
- There is a Unibet mobile app, which you can use to place wagers on the go.
- Many Unibet bonuses have very high wagering requirements.
888Sport also ranks highly among the bookies with great odds. Because of this, you will be able to make great profits when punting on the Olympics. It is also worth noting that this sportsbook features a variety of betting markets for the Olympics, and these cut across different types of sports.
- The bookie has a VIP club, which means loyal members of the site can claim generous bonuses.
- It has applications for Android and iOS devices, which means punters can place wagers when on the go.
- If you have issues placing bets on Olympics games, you can use the live chat function to get help from the support team.
- It is restricted in many countries.
The main benefit of 1xbet is that it offers a large number of Olympics betting markets. For example, you can punt on the winner of the men’s breaststroke, the winner of the gold medals, and the country that will win specific events. The betting markets are opened long before the day of the events, so you will also benefit from very high odds.
- It covers many Olympics events and offers a range of betting markets.
- You can use a search function to locate certain bets in the Olympics.
- The platform has a callback service, which you can use to place wagers on the site.
- The bookie has an online gambling license from Curacao, and this is not a reputable authority.
Vital Criteria When Choosing the Olympics Betting Sites
There are a number of factors you should check when choosing Olympics betting sites, and these will be covered briefly in this section.
- Available Markets
With more betting markets, you will be able to use different betting strategies when punting on the Olympics. The main betting market featured in the Olympics is the player or team who will win the game. It is also possible to simply bet on the country that will get a gold medal in a specific event, and this offers lower risk since there may be multiple players from the same country. Some bookies will also allow you to bet on the country that will get the most gold medals by the end of the Olympics.
You should also check the odds levels on different sportsbooks since this will help you determine whether you are getting the highest returns for specific bet sizes.
- Useful Options
For the best online betting experience, you should look for bookies that have useful options. Features like the bet builder can help you create your own wagers, and the cash-out option can help you end your bets early.
- Live Bettings
Another essential thing to check is the quality of the live betting section. You should ensure that most or all Olympics events are included in the live betting section, and the odds should also be high enough.
Olympics Betting Guide: Helpful Tips
There are a number of Olympics betting tips you can apply to maximise your winnings, and here are some of them:
- Firstly, you should thoroughly research the ranking, statistics, and form of the athletes in order to determine their chances of winning.
- You should also confirm whether the type of surface is a speciality to any participants in the games.
- Use price boosts and other promotions to maximise your winnings when punting on Olympics games.
- You should also sign up on forums and communities that discuss Olympics betting.
Is it legal to bet on the Olympics?
Yes, it is legal to place wagers on the Olympics, but you should only use bookies that have online gambling licenses. If you use unregulated platforms, you may fail to get your winnings.
Can I bet live on the Olympics Games?
Yes, the best bookmakers for Olympics betting will allow you to place wagers on live games. It is important to remember that live betting markets are usually suspended periodically as the games go on, so you have to be quick when punting.
Which platforms have the best Olympics betting odds?
Bet365 has the best Olympics betting odds, and this is why it is considered the best bookie for Olympics betting.
Which are the most popular Olympics betting markets?
The most popular Olympics betting markets are the gold winners and the total gold markets.
Which Olympics sports can I bet on?
You can bet on sports such as basketball, football, gymnastics, handball, and track and field sports.
What are Olympics parlays?
Parlay bets combine different markets in a single betting ticket, and this allows you to get higher payouts. However, you should remember that parlays can be risky since a single event can make your entire wager fail.
Olympics Betting Sites Summary – Final Thoughts
Betting on the Olympics is quite popular, and it can be done on lots of online betting platforms. Before you sign up on an online gambling platform, you should check whether the bookies have online gambling licenses. You should also check the quality of the odds. Another important criterion to consider is the availability of live betting markets for the Olympics. This will allow you to apply different betting strategies. As mentioned in this guide, the most reputable betting sites for the Olympics are Bwin and Ladbrokes, William Hill, Betway, Unibet, 888Sport, 1XBet.