Best Sportsbooks For Olympic Betting

The Summer Olympics take place every four years, bringing together athletes from around the world to compete in one of the most-watched sporting events on the planet. Over the decades, the Games have been hosted in countries such as the United States, China, Canada, Japan, and Russia, among others. The next Summer Olympics are scheduled for 2028 in Los Angeles, still a few years away as of August 2025. In the meantime, online sportsbooks are already preparing a wide range of odds and markets, covering everything from track and field to team sports. We provide betting picks for medalists, champions, medal counts, and individual events, so be sure to check back as the Games draw closer.

Betting on the Olympics is a special opportunity, available only during the Summer and Winter Games, which alternate every two years. When the time comes, having a reliable sportsbook is essential — and we’ve highlighted five top options to help you get started.

How to Choose your Sportsbooks to Bet on the Olympics?

Offshore sportsbooks operate outside the user’s home country but can still provide a robust and engaging betting experience. For those considering this option, it’s important to choose a reputable platform. When selecting the best offshore sportsbooks for Olympics betting, we recommend evaluating several key factors.
  1. Reputation and Reviews: Check user reviews and expert ratings to gauge the sportsbook’s reliability and customer service quality.
  2. Betting Options: Look for a sportsbook that offers a wide range of betting options specific to the Olympics, including various sports, events, and bet types.
  3. Bonuses and Promotions: Many sportsbooks offer bonuses and promotions for new and existing users. Look for those that provide value without unreasonable wagering requirements.
  4. User Interface and Experience: Choose a sportsbook with a user-friendly interface that makes it easy to place bets, check odds, and manage your account.
  5. Payment Options: Ensure the sportsbook supports secure and convenient payment methods for deposits and withdrawals, including credit cards, e-wallets, and bank transfers.
  6. Customer Support: Opt for sportsbooks with reliable customer support available through various channels like live chat, email, and phone.
  7. Live Betting and Streaming: If you’re interested in live betting, check if the sportsbook offers live betting options and streaming services for Olympics events.
  8. Mobile Compatibility: Ensure the sportsbook has a robust mobile platform or app if you plan to bet on the go.

By considering these factors, users can select a sportsbook that meets their needs and enhances their Olympics betting experience.

BetOnline: A True Olympics Betting All-Rounder

No bookmaker offers a more well-rounded package for Olympic betting than BetOnline. From competitive betting lines to generous bonuses and a strong reputation, it brings everything under one roof. If you could only choose one sportsbook for the Games, BetOnline would be a top recommendation.

Their betting lines are consistently well-priced, ensuring you’re rarely leaving value on the table. Every Olympic event has a wagering option, and with hundreds of competitions taking place, the opportunities to bet feel almost endless.

BetOnline also stands out for its bonuses, available to both new and returning players. One of the most notable is a welcome bonus offering 50% up to $250 for new sign-ups — a strong start for anyone looking to get in on the Olympic action.

BetOnline Sports Promotions

 

Finally, BetOnline is one of the most popular offshore betting sites among U.S. players for a reason: it’s trusted. The platform runs smoothly with minimal technical issues and handles transactions reliably, giving bettors confidence that their money is safe. Thousands of players use it daily — a clear sign of its strong reputation.

Why MyTopSportsbooks loves BetOnline for Olympic betting:

  • Well-stocked sportsbook year-round, with extensive coverage during the Olympics
  • Wide range of bonuses to suit different players
  • Longstanding, respected name in the industry
Bonus:
50% up to $250
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Bovada: A Huge Range Of Olympic Bets

For bettors who value a wide variety of wagering options, Bovada is hard to beat. The site is renowned for its expansive menu of bets, covering virtually every sport and event — including both the Summer and Winter Olympics.

What truly sets Bovada apart for Olympic betting is its extensive range of prop bets. While most sportsbooks offer straightforward wagers on event winners, props are less common and add a unique layer of excitement. For example, beyond betting on who will win the 100-meter dash, you might wager on the over/under for the time difference between the first- and second-place finishers. Bovada offers plenty of creative prop bets like these, making it a standout choice for Olympic action.

Bovada Sports Promotions

Why MyTopSportsbooks loves Bovada for Olympic betting:

  • Massive prop betting market across all sports
  • Fair-priced betting lines for the Olympics
  • Clean and straightforward user experience
Bonus:
50% up to $250
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Xbet: An Unbeatable Mobile Betting Experience

Olympic events run nearly around the clock, making it unrealistic to stay at home or in a physical sportsbook for the entire duration. Chances are you’ll be on the move — and with XBet, betting from your phone is simple and seamless. This newer sportsbook has made mobile performance its top priority, a smart move given the growing dominance of mobile betting. With the Summer Olympics still three years away, there’s plenty of time to get comfortable with the platform before the action begins. For bettors who want the flexibility to place wagers anytime and anywhere, XBet is an excellent choice.

Xbet Sports Promotions

Why MyTopSportsbooks loves XBet for Olympic betting:

  • Top-notch mobile betting experience
  • Well-stocked sportsbook that stretches deep into the Olympics
  • Modern-looking user interface
Bonus:
50% up to $200
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Bookmaker: A Rewards Program Offering Long-Term Value

This option is ideal for bettors who plan to wager beyond the Olympics, whether on the NFL, NBA, or other sports. Consistent betting is rewarded generously at Bookmaker, which offers one of the top rewards programs in the offshore industry — reminiscent of the classic Las Vegas comp systems.

bookmaker best bonuses

As with any strong loyalty program, rewards are based on your activity, particularly the total value of your bets. The more you wager, the more you earn. At Bookmaker, the standout perk is cashback credited directly to your account, which can add up quickly if you continue betting well beyond the month-long Olympic Games.

Why MyTopSportsbooks loves Bookmaker for Olympic betting:

  • Loyalty program that applies to sports and casino betting
  • Cashback (with no rollover rates) can be redeemed as a reward
  • Diverse Olympic betting menu
Bonus:
20% up to $500
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MyBookie: Elite Bonuses For Olympic Bettors

As we’ve mentioned, the Olympics present a wealth of betting opportunities — perhaps even more than you can realistically cover on a limited budget. But with the help of generous sportsbook bonuses, you can stretch your bankroll further and get closer to wagering on all the action. MyBookie is one of the best platforms for making that happen.

MyBookie Sports Betting Promotions

Here’s why: MyBookie offers a wide range of bonuses to suit every type of player. New customers can take advantage of a 50% sign-up bonus on deposits up to $1,000, giving their Olympic betting a strong start. Existing players aren’t left out either, with options like a 35% sports reload cash bonus or a 55% sports reload crypto bonus to keep the rewards coming long after the first deposit.

Why MyTopSportsbooks loves MyBookie for Olympic betting:

  • Vast amounts of free-play bonuses
  • Solid casino that complements the sportsbook
  • Trustworthy site
Bonus:
50% up to $1,000
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Our Olympics 2028 Betting guide

With the Olympic betting lines on hand and access to our free Olympics picks, you are well on your way to placing your next Olympic wager. Here are five Olympic betting strategies and tips to keep in mind as you move forward.

 

Olympics Sports Betting

Read Our Olympics Picks

The first step to getting started on your Olympics betting research is to peruse our free picks. They are here for our readers as a free resource. The more you read them, the better off you will be.

Even if they deal with a bet that you do not plan on making or that is not the most interesting for you, they will be very useful. That is because as you read more and more Olympics betting analyses, you will instinctively learn how to bet on the Olympics. It will become second nature.

Plus, you will get to know the different athletes and how they are likely to fare in different sporting events. You will see how expert bettors analyze different Olympic bet types, and how they choose to make which wager and when. All of this takes time to internalize, and reading our Olympics picks is a great way to get started on that process.

For those athletics fans, we also offer picks for the World Championships and World Cup events, so you can track team USA and the rest throughout the year.

Follow Line Movement

Because Olympics bets are available for so long before the actual games take place, you are sure to see the betting lines go up and down. This may seem strange at first, but it ends up making perfect sense!

One reason the lines go up and down is that the bettors can start to weigh on one side of the bet or the other, and the bookies adjust their Olympic lines based on the behavior of their bettors.

Another reason is that news happens. As we follow the training schedule of star athletes, we learn more about how they will arrive at the Olympic games. If injuries come to light, you can expect to see Olympic line movement there too.

Go Line Shopping

As you follow line movement, you should also be aware the lines vary across top Olympics sports betting sites. You can bet the same risk at two different sites on the same wager, and get two different payouts.

Of course, we want the highest payout for the least amount of risk. This is why going line shopping is a key part of any sports betting strategy.

In order to implement this Olympics betting tip, you should have at least two sports betting sites accounts. This way when you look at our Olympics betting lines here in the chart, you can make the right wager at the moment.

Bonus:
50% up to $250
Bet now

Be Careful About Your Home Country

When we are smart bettors, we think with our heads, not our hearts. This becomes difficult when we want our home country to come out on top. When betting on the Olympics, you should keep this in mind.

For American bettors who are fans of the NHL, it’s natural to follow the national team. However, the Olympics can bring out a different side in certain players, and there are always strong contenders from around the world. Don’t let national loyalty cloud your judgment—focus on finding value in the odds.

It can be easy to exaggerate our country’s medal total or the relative chances of the star athletes from our home countries. Remember to be as objective as possible when making these bets. It can even be a good idea to avoid betting on your home country if you do not trust yourself to be honest about their chances.

Bankroll Management

Bankroll management is absolutely essential in wagering on the Olympics. This will help you make the best decisions regarding your overall strategy.  The basic idea is to regulate the amount that you risk so that you can more easily measure your payouts.

The two basic approaches to bankroll management are:

  • The Unit Approach
  • The Percentage Approach

Either way, the idea is the same: you will be able to adjust your betting strategy more objectively having a sound financial management plan.

What Sports Can You Bet on for Olympics Betting?

The 2028 Los Angeles Summer Olympics will feature a wide range of classic sports that have long been part of the Games. These include athletics (track and field), swimming, gymnastics (artistic, rhythmic, and trampoline), basketball, soccer, tennis, volleyball (indoor and beach), rugby sevens, boxing, cycling (BMX, mountain bike, road, and track), and equestrian events (dressage, eventing, and jumping). Other returning staples are archery, artistic swimming, badminton, canoeing (slalom and sprint), diving, fencing, field hockey, handball, judo, modern pentathlon, rowing, sailing, shooting, table tennis, taekwondo, water polo, weightlifting, and wrestling (freestyle and Greco-Roman).

In addition to these traditional events, the LA 2028 Games will introduce several new sports. These include:

  • Baseball/softball
  • Cricket (T20)
  • Flag football
  • Lacrosse (sixes)
  • Squash

Skateboarding, sport climbing, and surfing — all of which debuted at the Tokyo 2020 Olympics — will also return to the program in 2028.

How to Bet on the Olympics?

1. Choose a Reputable Betting Site:

  • Research and select a well-known, trustworthy betting website.
  • Ensure it offers Olympic betting options.

2. Register an Account:

  • Visit the betting site’s homepage.
  • Click on “Sign Up” or “Register” and fill in the required information.

3. Verify Your Identity:

  • Provide necessary identification documents (e.g., driver’s license or passport).
  • Follow the site’s instructions to complete the verification process.

4. Deposit Funds:

  • Log into your new account and go to the “Deposit” section.
  • Select your payment method and enter the deposit amount.

5. Place Your Bet:

  • Navigate to the “Olympics” section under sports.
  • Select your event, choose your bet, enter your stake, and confirm your bet.

Olympics Betting Markets – Popular types of bets

Looking at Olympics betting markets you will see a full range of options. It is really impressive. You can find bets that mix MLB and the Olympics and also NBA with the Olympics. Having spoken with our team of in-house sports betting experts, we pooled together their favorite markets and put them into five for Olympics betting.

  • Moneyline Bets: This type involves betting on the outright winner of a particular event or match. It’s straightforward, with bettors simply choosing which athlete or team they believe will win.
  • Over/Under Bets: In this bet, you wager on whether a particular statistic (such as the total number of medals won by a country) will be over or under a specified number set by the bookmaker.
  • Prop Bets: These are bets on specific occurrences or non-occurrences within an event. Examples include predicting whether a world record will be broken or if a certain athlete will win multiple gold medals.
  • Parlay Bets: This involves combining multiple bets into one, where all selected bets must win for the parlay to be successful. This can include a combination of different events or outcomes within the Olympics.
  • Futures Bets: These bets are placed on outcomes that will be decided in the future, such as betting on which country will top the medal tally at the end of the Olympics or which athlete will be the top performer of the Games.

Frequently Asked Questions

Find answers to common questions bettors like you have when researching which sportsbook to join.

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