Best Olympics Betting Sites & Apps

Locations for the next three Olympic Games have been announced and the Olympic Games will return to the United States, with the L.A. Games in 2028, but first they will head to Paris in 2024. Let’s find out what the best Olympics betting sites are to use once the Summer Games kick off in July 2024.

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Best Olympics betting sites’ features

What is the best site for betting on the Olympics?

The premier Olympics betting site is BetMGM Sportsbook. This is due to the site’s wide range of Olympics-related betting markets, bet types, site/app layout, and key features. 

For the 2022 Winter Olympic Games, BetMGM provided betting options for events like: hockey, biathlon, bobsled, cross-country skiing, curling, figure skating, freestyle skating, and skeleton. For more popular sports like hockey, BetMGM provided bet types such as moneyline, double chance, winning margin, game/team totals, and puck lines, as well as numerous props and parlay options.

BetMGM also offers several impressive features for Olympics betting, including: live betting, live streaming, odds boosts, early cash out, and bet editing. 

Overall, we were very impressed with the Olympics betting section offered at BetMGM. The site boasts a very enjoyable user experience, both on the desktop version and the high-rated mobile app. The sleek interface at BetMGM is arguably the cleanest in the industry.

While BetMGM is our number choice for wagering on the Olympic Games, it’s not the only quality option on the market. Below are our other top five favorite sites:

The most widely-available online betting option in the United States, DraftKings Sportsbook app is a solid option for wagering on the Olympic Games. DraftKings boasts very competitive odds for the Games, including fun futures bets like medal winners and which country will win the most gold medals?

DraftKings offers one of the most enjoyable and stress-free betting experiences on the market, with a user-friendly interface along with arguably the best mobile app in the game. Combine that with reliable payment methods as well as a great loyalty program, and you have a strong option for Olympics betting. 

Right up there with DraftKings for having our favorite mobile experience, FanDuel Sportsbook is never a bad option for sports betting—and that holds true for wagering on the Olympics. Boasting well over 10 million users in the United States, FanDuel provides one of the most well-rounded betting experiences in the industry. 

As far as the Olympics go, FanDuel covers a ton of sports for both the Summer and Winter Games. It’s difficult to find a sportsbook that covers every sport in the Games, but FanDuel is as close as it gets to achieving that. All in all, FanDuel and DraftKings are equally the number one challenger to BetMGM for the top site.

Caesars Sportsbook is actually the best Olympics betting site in terms of markets offered, as the site offers lines of nearly every Olympic sport. However, their bet types are lacking and their odds are consistently less favorable than those of DraftKings and FanDuel. 

Moreover, Caesars has a very impressive site/app layout to make submitting your Olympics bets a smooth process. You’ll also find some ongoing promos and daily odds boosts throughout the course of the Games.

BetRivers Sportsbook is lesser known than big betting brands like DraftKings and FanDuel. Unique promos, competitive odds, and quality key features make BetRivers a good choice for betting on the Olympic Games. 

We feel like the BetRivers interface looks a bit outdated compared to its competitors, but it’s designed quite well. Additionally, we really like the iRush Rewards Program at BetRivers as well as their line of sport-specific promos. Be on the lookout for those once the Games roll around.

Where can you get the best sign-up bonus?

The very best welcome promo currently being offered by sportsbooks is at Caesars Sportsbook. New users can claim $250 in bonus bets when placing a first-time $50 wager using promo code “SLMLIVEGET“. 

How do we rank the best Olympics betting sites?

Betting on the Olympics is very different from wagering on other sports that take place every year. Yet, that doesn’t alter our criteria for ranking the best Olympics sportsbooks. Our team considers numerous different factors when crafting our review and ranking.

For starters, we’re looking for which sites offer the most betting markets and bet types related to the Games. Unlike mainstream sports like the NFL and NBA, some sportsbooks just don’t put much effort into their Olympic betting sections. 

We’re also examining each site’s welcome promo, other bonuses, site/app layout, and overall betting experience. It’s important that we review all aspects of every site in order to provide you with the most accurate ranking possible.  

How do you find the best Olympics sportsbook?

If you’re still not sold on choosing BetMGM as the top Olympics betting option, then we recommend giving all six of the previously mentioned sites a try to discover which one you prefer most. As the Olympics near, you should look under each sportsbook’s “All Sports” or “Sports A-Z” tab to see if they’ve posted odds for the events.

After this, compare markets and bet types to narrow down your list. You should then examine each sportsbook’s welcome promo to see if any stick out to you more than others. Be sure to read over the terms and conditions of each bonus to get a full understanding!

We always recommend making accounts with a handful of Michigan betting sites so you can take advantage of multiple welcome promos and other offers. Lastly, you absolutely need to compare odds to ensure you’re getting the best bang for your buck with your bets.  

Best apps for Olympics betting

Our two favorite mobile apps, regardless of what sport you’re betting on, are DraftKings and FanDuel. We also enjoy using the BetMGM and Caesars apps, but they’re a step slower than DK and FD.  

The DraftKings mobile app boasts user ratings of 4.8 and 4.6 on the Apple Store and Google Play Store, respectively. We found the mobile experience to be nothing short of elite with DraftKings. Navigating the app was simple and intuitive, making the Olympic bet submission process take just minutes. 

Meanwhile, the FanDuel mobile app possesses user ratings of 4.8 and 4.7 on the Apple and Google app stores, respectively. We actually find the FanDuel app to own a slightly sleeker color scheme and layout, while still having premium speed.

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Best betting site to bet on the 2024 Summer Olympic Games 

The best sportsbook to bet on the 2024 Summer Olympics is BetMGM. From betting markets, to bet types, and competitive odds, you won’t find a better option for Olympic betting than BetMGM.   

Live betting on the Olympics

There are several benefits to live betting, no matter the sport. If you’re unable to place the bet you want before the event begins, there’s a good chance you’ll still be able to find what you’re looking for while it’s in progress. Live betting allows you to be in on the action all day long according to your schedule. 

Where is the best place to live bet on the Olympics?

While there are several quality places to live bet on the Olympic Games, our preferred choice is BetMGM. Odds are constantly updating while the action takes place, making the live betting process very enjoyable with the self-proclaimed “King of Sportsbooks”.  

What you should know about Olympics betting?

The types of bets that you’re able to make on Olympic sports are essentially the same as if you were betting on a sport like football, basketball, or something else. 

• Moneyline: Placing moneyline bets is probably the simplest way to wager on teams or even individual athletes. You just pick the winner, whether it’s a team or an individual athlete. There will be a favorite (-) and an underdog (+) to bet on.
• Spread: Olympic team sports is where you’ll normally see spread betting. This is where sportsbooks handicap the betting favorite in order to get more betting on both sides.
• Totals: For Olympic totals (Over/Unders) bets, you’re selecting whether a participating country will earn more (over) or less (under) than the total number of gold medals set by the site. Totals serve as head-to-head bets pitting two nations against one another.
• Futures: Futures betting is wildly popular for just about every sport, including the Olympic Games. Predicting the total medal count is the most common futures bet. You’ll find odds on which country will win the most gold medals well in advance of the Games.
• Props: Olympic prop bets consist of wagers dealing with the performance of an individual athlete. For example, you can bet on the number of events a gymnast will win. Prop bets are betting on an event not directly affecting the game’s outcome.

Betting on the Olympic Games isn’t nearly as common or popular as most other sports, mostly due to the fact they only take place every other year. Thus, some people could really benefit from some Olympics betting tips, which we provide below:

• Don’t blindly bet on your country: It’s easy to bet with your heart, no matter what sport it is, but you’ll lose money quickly doing that more often than not. If you wish to only bet on your native nation, pick and choose wisely instead of just blindly picking them to win each event. 

• Research athletes past Olympic performances: Most of the time, athletes compete in multiple Olympic Games. Meaning, you can do some brief research to see how an athlete fared in past Games. 

• Bet on sports you’re familiar with: If you know nothing about curling or figure skating, we advise you to refrain from betting on those sports. Stick to the events you’re familiar with so you can make educated wagers, increasing your chances of winning.

Where can I bet on the Olympics?

Nearly every legal sportsbook in the United States posts lines for the Olympic Games in some fashion. You can easily bet on the Olympics with prominent brands like BetMGM, DraftKings, FanDuel, and Caesars, amongst others.

What sports can I bet on during the Olympics?

There are numerous sports to wager on during the Olympics, including ice hockey, figure skating, and alpine skiing during the winter and basketball, tennis, and gymnastics during the summer games.

What bets can I make on Olympic sports?   

The types of bets that are able to be made on Olympic sports include moneyline bets, spread, totals, props, and futures.