What Olympic Sports Bets Will You See in Your Sportsbook

The 2024 Paris Summer Olympics are starting in a few weeks. That means, as soon as rosters are final, sportsbooks will be opening lines on hundreds of betting events that will be held over the next month and a half. If you are new to being a bookie, or need a refresher since the last Olympics was 4 years ago, we will help you. Here are what Olympic sports bets you are likely to see your players make.

It is important to know your players’ betting behavior. It will help you anticipate line movement, as well as other factors like creating promotions that will work well with your players’ preferences.

Popular Olympic Sports Bets

Here are some of the popular bets that people place in sportsbooks. Your sportsbook pay per head software will have all these options, and more, available. With so many events to cover, it will be helpful to know which ones are likely to keep you busy. You can also look at the bookie dashboard of your software and you will instantly see recent wagers and where your players are betting.

Bets You are Likely to See in Your Sportsbook

• Medal Count Bets. One of the most popular Olympic bets is on the overall medal count. Bettors can wager on which country will win the most gold medals or the highest total medal count. The United States, China, and the host country France are likely to be top contenders.
• Individual Event Winners. Bets on gold medal winners in high-profile events are always popular.
• Head-to-Head Matchups. Bets pitting two athletes against each other in a specific event, regardless of whether they win a medal.
• Over/Under on Records. Bets on whether Olympic or World Records will be broken in certain events.
• Prop Bets. Prop bets cover a wide variety of bets, like the number of world records broken, ages of medalists, athlete performances, and some odd ones like whether the Olympic flame will go out during the ceremony.
• Team Sports. Popular bets for sports like soccer, basketball, and volleyball, including tournament winners and individual match results.
• Emerging Sports. With new sports like skateboarding, sport climbing, and surfing, there may be interesting betting markets for these less predictable events. There are a lot of Olympic betting strategies that can be used to earn from these new events.

How to Manage a Busy Sportsbook During the Olympics

Of course, with such a large event, it can feel challenging to manage your sportsbook. But as long as you are using your bookie software, you will manage things easily. You will have more than enough time and resources to focus on getting players to join your sportsbook.

Even betting, when the Olympics begin, you will have more than enough time to monitor the lines and enjoy watching events from swimming, to soccer, to basketball, and more. Just be sure to pay attention to those games that get a lot of action- especially if live betting is featured. You will need to be quick in moving lines for these types of wagers so you can make sure that you get your lines as balanced as possible.

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