Top US Betting Sites for the Olympic Games

Top 5 Best Olympics Betting Sites that accept US players

I've looked at many platforms and put together a solid list of trustworthy Olympics betting sites that excel at all types of betting. Each platform offers punters unique advantages when it comes to betting on the upcoming Olympics. Let me show you what makes these sites better than the rest.

1. BetUS – Best for beginners

BetUS has become the perfect starting point for people new to Olympic betting. This 30-year-old platform combines an easy-to-use design with detailed instructions for first-time bettors.

BetUS really shines with its exceptional welcome package. New users can get a huge 125% bonus up to $2,625. This gives them a great chance to explore the Olympic markets without using up their first deposit. The offer goes way beyond what other sites typically offer, making it perfect for people just starting out in the betting world.

The platform's user-friendly interface stands out. BetUS organizes the Olympic events in a way that makes sense and is easy to navigate. The Olympics section shows:

• Full coverage of summer and winter Olympic events
• Detailed odds for medal counts by country
• Different betting options for individual sports and athletes

BetUS also does a great job with educational content. Their betting guides help newcomers understand the basics of Olympic betting. They explain odds formats, bet types and strategies that work well for Olympic events. This helps beginners avoid common mistakes and build good betting habits from the start.

2. BetOnline.ag – Best for early markets

BetOnline.ag leads the way among Olympic betting sites with its early market offerings. The platform has been a leader in Olympic betting since the 1996 Games in Atlanta and continues to improve to meet the needs of punters.

No other site matches their commitment to early market availability. BetOnline publishes Olympic betting lines months before other sites do. This gives bettors plenty of time to research and find good value bets. Getting in early is especially helpful with futures betting on medal counts and event winners.

BetOnline also offers better prices on Olympic lines. Their odds give more value than most other sites, so punters get more for their money. This advantage really shows when betting on less popular Olympic events.

You can't say enough about the reliability of BetOnline. Thousands of punters use this platform every day because it works well and handles money openly. The platform has already proven to be the best place for early medal count bets and individual event futures for the 2024 Olympics.

The site also makes deposits easy by accepting over 17 cryptocurrencies along with regular payment methods. This means that almost anyone can bet on their Olympic markets.

3. XBet.ag – Best for prop bets

XBet.ag has carved out a niche for itself among Olympic betting site reviews as the source for Olympic Prop Betting. Though relatively new to the market, XBet has quickly become the go-to place for proposition betting.

The proposition betting on this site is outstanding. In previous Olympics, XBet offered markets that deviated significantly from the standard winner outcomes. For example, during the basketball tournaments, players were able to bet on the performance of specific players, point spreads and other in-game events. With so many choices available, the gambling experience is more engaging.

XBet's mobile responsiveness deserves special praise. The site has prioritized its mobile platform, anticipating the trend towards betting on the move. As a result, Olympic bettors will be able to place prop bets wherever they are, whether they are watching events in real time or following results from afar.

The sleek, contemporary look of the platform's interface makes navigating the vast number of prop options effortless. XBet's organization of the Olympic props by sport makes it possible to quickly locate individual markets even among the hundreds of events taking place during the Games. Such an intelligent structure saves valuable time when searching for specific betting opportunities.

4. SportsBetting.ag – Best welcome bonus

SportsBetting.ag stands out with an excellent welcome package that is very much in tune with Olympic bettors. New customers can receive a 50% match bonus of up to $250 by using the promo code "WELCOME" on their first deposit. There are also 100 free spins included in the casino section for extra fun.

Besides the first bonus, there are several other aspects that make SportsBetting.ag a good choice:

First, the site has reasonable wagering requirements on its bonuses compared to industry standards. This friendly practice allows players to actually receive their bonus money without overly burdensome wagering requirements.

Second, SportsBetting.ag has one of the friendliest interfaces among Olympic betting sites. The clean design and logical structure make the Olympic markets easy to find, even for novice online gamblers.

Third, the site offers competitive odds on Olympic events. The consistency of this value gives bettors the same returns on winning bets, especially for popular sports.

The sign up bonus comes with several notable conditions. The minimum qualifying deposit is $50, and the free bet bonus is only good for 30 days if not cashed out. These are typically better terms than most of their competitors' bonuses.

5. Bovada – Live Olympics betting best

Bovada is the go-to site for live Olympics betting, with an excellent in-play experience for the Olympic Games. Bovada's live betting site offers a wide selection of markets with live odds updates, providing the best betting experience for those following the action.

What really sets Bovada apart is their extensive Prop Betting market. Where others offer straight Olympic wagers, Bovada excels at generating special proposition wagers that add so much more to Olympic betting. This depth of options is especially beneficial during live betting.

Bovada's interface is particularly impressive. The clean, minimalist design serves to efficiently navigate through the massive selection of Olympic betting opportunities, even during the pandemonium of live betting.

The site serves bettors from 45 American states, with only Delaware, Maryland, New York, New Jersey and Nevada out of bounds. The sheer magnitude of this position makes Bovada one of the most accessible Olympic betting sites in the country.

What Makes a Good Olympics Betting Site?

There are several important factors to consider when choosing the right platform for Olympic betting. I don't just look at flashy promotions to evaluate betting sites. Let's take a closer look at what makes some platforms stand out from the rest.

User interface and ease of use

A betting site's interface has a direct impact on your betting experience, especially with the ever-changing Olympic events. Research shows that punters spend 30% more time on platforms that are easy to use compared to cluttered alternatives.

A good Olympics betting site should have:

• Olympic events organized by sport and date
• Easy paths to popular betting markets
• Same layout on desktop and mobile
• Quick links to live and upcoming competitions

Mobile optimization is no longer optional for quality betting sites. The best sites have dedicated apps that work just as well on smaller screens. The top betting apps score 4.6/5.0 or higher in app stores. This shows their commitment to mobile excellence.

New users should find Olympic markets easily. BetMGM shows how it's done with a clean interface. You only need a few taps to add funds and place bets. This simple process helps a lot during the Olympics when hundreds of events are happening at the same time.

Range of Olympic sports and markets

The number of betting options available is the lifeblood of quality Olympic betting platforms. The best sites cover all 32 Olympic sports with approximately 2,000 events. They don't just stick to the popular events.

Market depth is what sets great platforms apart. The leading sites go beyond the basics of picking and offering winners:

• Individual event futures and medal counts
• Head-to-head athlete matchups
• Team and individual prop bets
• Group qualifying scenarios

Research shows that smaller Olympic sports, such as fencing, wrestling and equestrian, can generate a lot of betting action if properly promoted. So the best platforms don't just focus on basketball and football. They also include detailed markets for less popular events.

Recent data shows the USA as a heavy favorite with odds of -2500 at most sportsbooks for total medals. This shows how good platforms are at offering both overall Olympic betting as well as individual event markets.

Live betting features and prop options

Live betting has completely changed Olympic betting. Most online sportsbooks now allow you to bet during the events. This makes the experience more exciting as you can place bets while watching the action.

The best live betting platforms give you:

• Immediate odds updates based on what's happening
• Live streams of select Olympic events
• Cash-out options to lock in profits or cut losses
• Special prop builders to create your own in-play bets

The types of prop bets you can make really add to the fun of betting. Advanced platforms offer markets that go far beyond picking winners. You can bet on athlete stats, point spreads and different game situations.

Live betting works well for certain Olympic sports. Studies show that you can find good value in live markets for hockey, curling, and other events where momentum shifts can change the outcome. How well these instant options work is what separates the good platforms from the rest.

Bonuses and promotions

Good bonus offers make Olympic betting better by giving you extra funds to explore different markets. Right now the major platforms are offering welcome bonuses ranging from "Bet $5 get $150" to first bet insurance of up to $1,500. This shows how competitive these promotions are.

Here's what I look at beyond the bonus amount:

Bonus Element	What to Evaluate
Rollover Requirements	Lower multipliers (ideally 1x-10x) make withdrawing bonus funds realistic
Time Restrictions	Longer expiration periods (30+ days) provide flexibility during Olympic schedule
Market Restrictions	Fewer limitations on eligible Olympic events maximize bonus value
Deposit Minimums	Lower thresholds ($5-$20) increase availability for casual bettors

Olympic-specific promotions add value during the Games. Smart bettors look for better odds on medal favorites or free bets tied to Olympic events. These special offers show which platforms really care about Olympic wagering.

The clarity of bonus offers is very important. Studies show that simple bonuses get 40% more users than complex ones with hidden rules. The best platforms make their promotion terms crystal clear.

Payment methods and withdrawal speed

Secure, diverse payment options are the foundation for reliable Olympic betting. Good platforms allow you to use credit/debit cards, e-wallets, bank transfers, cryptocurrencies and prepaid options.

E-wallet payments through PayPal, Skrill are usually the fastest, with money arriving within 24 hours. This beats traditional bank methods, which take 3-5 business days.

Fees can vary widely between payment methods. Most platforms don't charge for deposits, but some payment services have their own fees. The best sites will tell you about any fees up front.

Cryptocurrency has become a big deal for Olympic bettors who want privacy and speed. Leading platforms now accept multiple cryptocurrencies along with regular payment methods.

ID verification can slow down withdrawals. The best platforms allow you to verify your identity immediately, rather than waiting until you are ready to withdraw. This eliminates annoying delays when you're trying to collect your winnings.

Types of Olympic Bets You Can Place

You need to understand the different types of Olympics betting in order to make smart betting decisions. My research of hundreds of odds lists across multiple platforms reveals six main betting categories that trustworthy Olympics betting sites should offer.

Moneyline bets

Money Line betting is the easiest way to bet on the Olympics-you just pick the winner. These straightforward bets allow you to back athletes or teams without having to worry about point spreads or other complexities.

Olympic betting sites show money line odds with a negative sign (-) for favorites or a positive sign (+) for underdogs. Here's an Olympic hockey matchup between Canada and Sweden:

• Canada: -200 (favorite)
• Sweden: +150 (underdog)

These odds tell you that a $200 bet on Canada would win you $100, while a $100 bet on Sweden would win you $150. Many people think that moneylines require $100 minimum bets, but that's not true - they're just ratios, and most sites take bets as low as $0.50 to $1.00.

Money line betting works best on individual Olympic sports like tennis, boxing or wrestling where there are clear winners. Olympic betting sites now offer Money Line betting for preliminary rounds and medal games, providing more betting opportunities throughout the Games.

Spread bets

Point spread betting adds a handicap that levels the playing field between competitors of different skill levels. While not as common in the Olympics as it is in major league sports, you can still find spread betting in team sports such as basketball, football and hockey.

Here's an example of an Olympic basketball spread:

Team	Spread	Odds
USA	-7.5	-110
China	+7.5	-110

USA must win by a minimum of 8 points for a spread bet to pay. A bet on China wins if they either win outright or lose by 7 points or less. The half point (.5) prevents ties or "pushes" where sportsbooks would have to refund bets.

Spread betting offers great value when Olympic powerhouses face weaker opponents. Olympic betting sites adjust spreads throughout the events, creating opportunities for strategic in-play betting as momentum shifts.

Over/Under bets

Over/Under bets, also known as total bets, look at cumulative statistics instead of winners. In the Olympic context, these bets are usually displayed in two ways: event-specific totals and medal count predictions.

Here's an event-specific total for Olympic basketball:

Bet Type	Total Points
OVER 185.5	-110
UNDER 185.5	-110

OVER bettors win if the combined score is over 185 points; UNDER bettors win if the combined score is under 185 points. The -110 odds on both sides indicate a balanced market, with no strong lean in either direction.

Medal count totals focus on broader Olympic achievements:

Outcome	Odds
OVER 45.5 USA Gold Medals	+110
UNDER 45.5 USA Gold Medals	+120

This market allows you to bet on whether a country will finish above or below the medal threshold. Both outcomes offer positive returns, suggesting that the bookmakers aren't sure of the final result.

Futures and medal count bets

Olympic futures markets open months before the Games begin, allowing you to take early positions on long-term outcomes. The biggest futures bet focuses on which nation will win the most gold medals.

Recent odds from Olympics betting sites show:

Country	Odds to Win Most Gold Medals
USA	-550
China	+350
Great Britain	+4200
Japan	+5500
France	+8000

These odds translate into probabilities - USA's -550 means about an 85% chance of winning most golds.

Futures markets go beyond total medals to individual sports. You can bet on specific tournament winners or how group stages will end. Each athletic event, from the 100 meters to the javelin, has its own futures market.

Medal count bets offer head-to-head country matchups:

Country	Odds
Japan	-120
Great Britain	+110

The bet pays out based on which nation wins more gold medals, regardless of their overall ranking.

Prop bets and specials

Proposition betting takes Olympic wagering beyond standard outcomes to specific events within events. These markets can cover the top scorer in soccer, a golfer's hole-in-one chances, or a star swimmer's gold medal count.

Olympic prop bets get creative with non-competitive elements:

• Will athletes protest on the medal podium?
• Could the Olympic flame go out early?
• Who'll carry the flag at opening ceremonies?

These come as yes/no options with odds. For example:

Prop Bet	Odds
Will Paris Olympics be canceled?	Yes +300 / No -500

Prop markets are becoming increasingly popular on Olympics betting sites, with platforms like XBet offering unique props for niche Olympic sports that others don't cover.

Parlays and combo bets

Parlay bets combine multiple bets into one ticket, offering larger potential payouts than separate bets. The catch? You need all your picks to win.

Olympic parlays are flexible - if your sportsbook offers a bet, you can usually add it to a parlay. This allows you to mix bets on different sports, such as

• USA basketball winning gold
• Simone Biles taking individual all-around
• China beating their projected medal count

The odds multiply across picks, creating high-risk, high-reward opportunities. Some Olympics betting sites now offer same-game parlays, which allow you to combine multiple bets on a single event.

Take Olympic soccer - you could parlay:

• Brazil to win
• Total goals over 2.5
• Both teams to score

This creates more risk and reward than any single bet. Olympic parlays work best on busy days when many events are finishing at the same time.

These six betting categories give you different ways to participate in Olympic events beyond just watching. Each type requires its own strategy to maximize your potential returns.

How to Start Betting on the Olympics

It only takes a few minutes to start betting on the Olympics. My research on many platforms helped me create this complete guide to help you get started quickly.

Choose a trusted Olympics betting site

Your betting experience depends on choosing a good platform. My advice is to stick with 10+ year old, proven operators rather than new, unverified platforms.

Key selection criteria include

• Licensing status - Verify the site holds legitimate gaming licenses
• User reviews - Check olympics betting sites reviews for consistent positive feedback
• Security protocols - Look for SSL encryption and secure payment processing
• Olympic coverage - Ensure complete markets across all Olympic sports

Bookmaker, BetOnline and Heritage Sports have built strong reputations. Your betting style should guide your choice. Try 3-4 platforms before you decide.

Create your account and verify identity

Once you've chosen your platform, here's how to sign up:

1. Click the "Sign Up," "Join," or "Register" button on the homepage
2. Enter your personal information (name, email address, date of birth)
3. Create secure login credentials (username and password)
4. Verify your account through email confirmation
5. Complete identity verification with required documentation

Most platforms require identity verification through Know Your Customer (KYC). You'll need to provide a government-issued photo ID, such as a driver's license or passport. This step is done either during registration or when you request your first withdrawal.

Make your first deposit

The next step is to fund your account. Olympics betting sites offer several deposit options with different processing times and minimums:

Payment Method	Typical Processing Time	Common Minimum
Credit/Debit Cards	Instant	$10-20
E-wallets	Instant	$10-50
Cryptocurrencies	10-30 minutes	$10-20
Bank Transfers	1-5 business days	$25-100

Sportsbooks also accept altcoins and cryptocurrencies such as Bitcoin, Ethereum, Dash, Bitcoin Cash, Cardano, Stellar, Ripple and Litecoin. Your choice of payment method depends on what you value most - speed, privacy, or convenience.

Browse Olympic events and odds

Your funded account gives you access to the Olympic markets through the "Olympics" or "Olympic Games" section of the Sportsbook. You'll find futures markets before the Opening Ceremony, and more options will appear as the Games progress.

The Olympic betting section groups events by:

• Sport type (team sports, individual competitions)
• Competition date
• Medal events versus qualifying rounds
• Popular markets and featured bets

Live Olympics betting sites show odds in American format (-110, +150), but you can switch between American, decimal and fractional displays. Platforms like FanDuel consolidate all betting options into central Olympic hubs for easier browsing.

Place your first bet

Here's how to make your first Olympic bet:

1. Go to your chosen Olympic event
2. Pick your market (moneyline, spread, etc.)
3. Click the odds to add selection to your bet slip
4. Enter your stake amount
5. Check all details
6. Confirm your bet

Minimum bets range from $0.50 to $2.00, depending on the platform. Your betting slip will show your potential payout based on odds and stake. Winning bets are automatically added to your account balance.

Note that starting with smaller stakes will help you learn the features of the platform better.

Tips for Smarter Olympic Betting

Olympic betting success depends on smart strategies that go beyond site selection. Smart betting simply requires a disciplined approach backed by data and analysis.

Research athletes and past performances

Good research is the foundation of profitable Olympic betting. You should look at athletes' recent results in world championships and other major tournaments to check their current form. In fact, athletes who perform well over time tend to handle the Olympic pressure better. The head-to-head stats between competitors tell an important story - some athletes have a mental edge over certain opponents. Your review of Olympic betting sites should include their statistical resources that show complete athlete histories.

Watch for injuries and last-minute changes

Injuries can seriously affect betting results. The best Olympics betting sites provide updated injury reports that you should watch closely. Even minor injuries can change the way athletes perform in high-stakes Olympic events. You need to check if players are available before placing a bet. Recovery times for various injuries will help you determine if athletes will be at their best on the day of competition. Mental health also plays a big role - keep an eye out for news of stress or personal problems.

Use line shopping to find better odds

Line shopping is the key to getting the most out of your bets. You should watch how the odds change at different online Olympics betting sites to spot trends and get better value. Big changes in odds often show where the smart money is going - these informed bettors usually have inside information. Comparing odds between platforms can give you 2-3% better value over time.

Avoid emotional betting on your home country

National pride can cloud your judgment. Bettors often make mistakes by backing their home country without thinking it through. Your decisions should be based on facts, not emotional ties to favorite athletes or teams. Live Olympics betting sites report that home country bets usually offer worse value due to inflated odds.

Set a budget and stick to it

Experts recommend that you spend 1-5% of your monthly budget on gambling. Your per bet discipline is just as important:

Stake Approach	Percentage of Bankroll
Conservative	1-2% per bet
Standard	3% per bet
Aggressive	5% per bet

Daily spending limits help protect your bankroll from quick losses.

Final Thoughts on Olympics Betting

The 2024 Paris Olympics are a huge opportunity for American bettors to shine. This article covers everything you need to know about betting on the Olympics, from picking sites to making smart bets. Your success starts with choosing the right platform.

BetUS works great for newbies with its learning resources. BetOnline.ag shines with early markets and great prices. In addition, XBet.ag has the best prop betting in niche Olympic sports. SportsBetting.ag attracts new users with big welcome bonuses. Bovada is the leader for live betting during Olympic events.

My research on many platforms shows that winning at Olympic betting requires discipline. You should dig deep into the athlete's stats before placing bets. Keep a close eye on injury updates, as even small issues can drastically change results. Smart money management is key - never bet more than 5% of your total bankroll on any one bet.

Comparing odds at different sites will usually give you 2-3% better returns over time. This is a big deal, as it means that having accounts at several trusted sites helps maximize your winnings. The excitement of Olympic competition can cloud your judgment, especially when betting on athletes from your home country.