List of the Best Betting Sites for Paris 2024 Olympics
- Personalised bonus offer
- Provably Fair Games
- Sportsbook with eSports
- Personalised bonus offer
- Provably Fair Games
- Low House Edge
Ranked: Our Olympics Gambling Site Picks
- Stake – Best for Competitive Odds
- BC.Game – Best for Promotions
- Sportsbet.io – Best for Mobile Betting
Sportsbooks Reviewed
Our top crypto sportsbooks for Paris Olympics 2024 betting are Stake, BC.Game, and Sportsbet.io. If you’re wondering why we picked these platforms after hours of analysis and tests, you will find more details about each in the reviews below:
1. Stake – Best for Competitive Odds
At Stake.com, you get 35+ sports categories, broad enough to cover many Olympic events. We recommend the platform for its fair odds, with a margin ranging from 5% to 7%. Stake.com doesn’t have a standard welcome bonus or free bets, but you can expect Olympic-specific promotions when the Games begin. Also, while the platform has no app, the mobile site is easy to use.
- Pros
- More than 35 sports to bet on
- Low margin of 5%-7%
- Easy-to-navigate website
- Cons
- No specific welcome bonus for new bettors
2. BC.Game – Best for Promotions
If you sign up with BC.Game, you can get up to 220,000 BCD from the welcome bonus across your first four deposits. BCD is equivalent to the USD, so it’s undoubtedly a massive offer. During our review, we confirmed that the bonus funds will work for betting on the 2024 Olympic Games with 30+ sports available. You can claim other exciting promotions like cashback and reloads as you continue betting with BC.Game. The platform’s primary drawback is that there’s no app to install, although the mobile site works flawlessly on smartphone browsers.
- Pros
- Up to 220,000 BCD welcome bonus
- 30+ sports category for betting
- More promotions for existing bettors
- Cons
- No mobile app to install
3. Sportsbet.io – Best for Mobile Betting
For crypto gamblers who prefer betting via smartphones, Sportsbet.io gets our recommendation. The sportsbook has a lightweight mobile app you can install on your Android device. None is available for iOS at the moment, but the mobile site is responsive on Safari. Sportsbet.io features 40+ sports, so you can expect markets for about all Olympic Games when the events commence. Plus, while the site has no specific new bettor offer, there are others like Predict and Win, MultiBoost, and cashback on the promotions page.
- Pros
- Installable app on Android
- More than 40 sports betting categories
- Predict and Win and MultiBoost promotions
- Cons
- iOS app is unavailable
All About Olympics 2024
Unquestionably, the Olympics is the most popular international sporting event in the world. The games are organized by the International Olympic Committee (IOC), featuring some of the best athletes chasing medals in multiple sports. The Summer and Winter Olympic Games each occur every four years, so there is an Olympic competition every two years. Paris 2024 will be a summer edition.
- Overview of Paris 2024
With France as the host, the 2024 Summer Olympic Games are scheduled to begin on July 26th, 2024, with the opening ceremony at the Jardins du Trocadero and the Seine. It will conclude on August 11th, 2024, at the Stade de France. It’s worth mentioning that this is the third time Paris will be organizing the Olympics, after previously hosting in 1900 and 1924.
The 2024 Olympics will feature 10,500 athletes from 206 countries. These participants will compete across 32 sports, including traditional events like athletics, swimming, and gymnastics, as well as contemporary ones like skateboarding, surfing, and sports climbing. Due to its massive popularity, over 15 million tourists are expected to visit the French capital to view the games.
- Most Successful Countries at the Games
The United States stands as the country with the most overall medals in Summer Olympic history. Based on our research, the USA has won 2,629 medals going into the 2024 edition, including 1061 gold, 830 silver, and 738 bronze. In second position is the now-defunct Soviet Union, with 1010 total medals. Other successful nations include Britain, China, and France.
- How Qualification Works
Since there are different sports involved, qualification for the Olympics varies depending on the event. However, 50% is based on performance during the qualifying and ranking period, while World Athletics Rankings determine the other 50% within the same period.
At a local level, athletes must also meet specific criteria set by their respective national Olympic committees to represent their countries. If you want to wager on qualified athletes for different sports, check out the latest free bets and betting offers offered by our top-tier crypto sportsbooks.
How Do the Olympic Games Work?
Many bettors find the Olympic Games complex, considering the many events on the schedule. We understand that, which is why we’ve simplified things by explaining precisely how the Games work. Check out the details below:
- Host Selection: First, the International Olympic Committee (IOC) picks a host city from the ones that submit bids. From our findings, each prospective host must outline their plans for hosting the Games—including details on infrastructure, venues, finances, and more. It’s up to the IOC to evaluate these bids and vote for the most suitable.
- Sports and Events: As we already highlighted, the Olympic Games feature a wide range of sports events. For a sport to feature in the Games, it must be governed by an international federation recognized by the IOC. Hence, all 32 sports in Paris 2024 are renowned in the athletics space.
- Opening Ceremony: There’s always an opening ceremony to mark the official start of the Olympic Games. During this initial event, athletes from participating countries parade into the stadium along with the lighting of the Olympic cauldron. Based on our research, it’s common for the ceremony to include cultural performances related to the host city and speeches by prominent individuals. This is also when the Olympic Flag is raised.
- Competition: As the Games begin, athletes compete in their respective sports and events for Olympic medals. Notably, the competitions will take place in various venues across the host city, and the events are scheduled following the preset timetable. Despite the large number of athletes and events, the competitions usually last less than a month. For example, Paris 2024 will take only 18 days.
- Medal Awards: The best-performing athletes and teams in each event get medals. There are gold, silver, and bronze medals for the top three, which are presented on the podium during medal ceremonies.
- Closing Ceremony: Finally, the Olympic Games will conclude with a remarkable closing ceremony. The essence is not only to mark the end of the competition but also to celebrate the achievements of athletes. Ultimately, the Olympic flag is lowered and goes from the current host city to the next.
The Olympic Games always leave a lasting legacy on the host city and country. The way we see it, it’s usually due to improvements in the infrastructure necessary for organizing the events. Additionally, there’s massive economic development and cultural exchange with the influx of tourists. Furthermore, the Games help promote international cooperation via sport.
Olympic Betting Strategies for Success
As a crypto bettor who wants to wager on Paris 2024 events, you want to win your predictions. Hence, we’ve taken the time to investigate valuable strategies to apply while making your picks. After hours of analysis, below are the top techniques to bank on for success:
- Detailed Research: If you don’t research your other sports bets, don’t make the same mistake for the Olympics. With the diverse events on schedule, it’s crucial to conduct thorough research on athletes and teams. We advise paying attention to recent performances, injuries, and previous Olympic success. These are the primary factors that should dictate your betting decisions.
- Review the Rules of Each Sport: Of course, you can’t bet on a sport you don’t understand. You may be conversant with football and basketball, but what about swimming and fencing? So, familiarize yourself with the regulations of any Olympic sport you wish to bet on. Particularly, take time to understand the scoring system, tactics, and other critical factors for predicting outcomes.
- Check Historical Performance: The Olympics has trends that you can only uncover when you study past results. From the winner patterns, you can identify predictions with high winning probabilities. Notably, pay attention to countries and athletes that consistently perform well in certain sports or events and capitalize on these insights.
- Follow the Qualification Rankings: We recommend you track qualifying rankings leading up to the Olympics. That way, you can measure the form and preparedness of competing athletes and teams. Without debate, top performance during the qualifications will have a higher chance of Olympic success.
- Explore Betting Markets: The beauty of the Olympic Games is that you get diverse betting options for distinct sports. Leverage this variety and bet on innovative markets that are relatively easier to predict.
Live Betting Dynamics
All our top recommended crypto sportsbooks for Paris 2024 betting support live markets. In other words, you can wager on the different sports events while they are ongoing. We recommend exploring this option due to the quick-changing dynamics and odds. You can find some valuable betting opportunities when you follow in-play markets.
Note that the dynamics of live betting on the Olympics are much more versatile than those of regular sports. This stems from the variety of different events: each Olympic sport has its rules and strategies that can impact live betting situations. For instance, in sports like track and field or swimming, you may focus on split times or lap positions. However, in football and basketball, such metrics are non-existent.
Furthermore, athletes’ performance can fluctuate significantly, affecting the odds. A runner may be in superb form during the first lap and subsequently switch to a poorer one due to fatigue. You must make fast decisions when live betting on Paris 2024 events. Be prepared to assess the constantly changing dynamics and anticipate potential results. Then, place your bets accordingly.
At the same time, it’s essential to apply proper risk management. By default, live betting is risky due to the non-static odds. Things become more complex following the fast-paced nature of the Olympic competitions. Some strategies we advise include setting limits and hedging bets. The idea is to mitigate potential losses should the events become overly unpredictable.
Different Types of Olympic Bets
While outlining our expert Olympics betting strategies for success, we highlighted exploring betting markets. For that, you’ll have to first understand the bet types. So, to further simplify things, we’ve explained some popular bet types to consider below:
This bet type involves predicting the outright winner of an event. It’s that straightforward, and it doesn’t depend on the margin of victory. Consider the Paris 2024 Men's Basketball Final scheduled for August 10th as an example. When the event arrives, you can directly bet on one of the two teams to win the gold medal.
For spread betting, you predict the winning margin of a game by a specific point amount. Hence, it’s sometimes referred to as point spread. Football is an excellent sport where you can bet on spreads. We can give an example of the France vs. United States game that will kick off on July 24th. The spread might be set at France -2.5 goals. It means France must win by 3 or more goals for your bet to win. If they win by anything less, your bet loses.
With totals, the idea is to wager on whether the final result of a numerical outcome will be above or below a set number. For instance, in the Men's Lightweight boxing final, the total number of rounds set by the crypto sportsbook may be 3.5. You can then bet on the fight going over or under 3.5 rounds. Consequently, the total bet type is also known as over/under.
If you want a more innovative option, you can pick futures, where you place bets in advance. Basically, you’re making future predictions on outcomes that’ll take many days and weeks. This is also known as outright betting. The Men's 100m Sprint event is a noteworthy event for futures betting. You can wager on a particular athlete to win the gold medal long before the event.
Finally, prop bets let you bet on particular outcomes within an event that are not tied to the final result. For instance, in swimming, you can bet on whether an athlete will break the Olympic record in the event. Likewise, in Olympic football games, you can bet on a player to score in a particular fixture.
How We Rate & Review the Best Olympics 2024 Betting Sites
Our team of experts at Bitedge follows a well-structured methodology for rating crypto sportsbooks. To identify the best Olympics 2024 betting sites, we considered crucial factors like safety and security, betting markets, payment methods, customer service, and mobile compatibility. The rating and review process is thorough, ensuring only top-quality sportsbooks make our final list.
How to Register at a Betting Site?
If you want to sign up at your selected Paris 2024 betting site, the process isn’t challenging. Based on our reviews, these are the steps to take.
Visit the official sportsbook website via the link on this page
Usually, you’ll find a Sign-Up, Join, or Register button. Simply click on it to kickstart your registration
The crypto sportsbook you pick will typically request your email address or phone number and that you create a password. Only a few sites will require you to enter other details like your name, date of birth, and address
Right before the final submission, you need to accept the Olympic betting site’s T&Cs. You’ll typically find a box to tick to complete this step
The last thing you have to do is to verify the email/phone used during registration. Per our experience, you’ll get a confirmation link to click via email. But if it's a phone number you used, you’ll receive a code
This is the first step since you need funds in your betting account to make wagers. So, navigate to the deposit page and copy the sportsbook’s wallet address. Then, launch your own wallet and initiate a transfer. If you want to claim a welcome bonus, ensure your deposit is up to the minimum required to qualify
You won’t usually find one category for all Paris 2024 Games since they’re in different sports. So, you have to pick one after the other. For instance, if you want to bet on Men’s Football, you visit the Soccer/Football section
Once in your preferred sports category, locate the Olympic Games subsection and browse the featured events. Confirm that the ones you want to bet on are present
You’ll find odds for different markets and predictions, and you simply click on any you want to bet on. As you click, the event will appear on your bet slip
If you’re done clicking odds, open your bet slip and check your selections. Verify that the events are correct, then set the amount you want to bet and submit
Unlike traditional betting platforms, crypto sportsbooks don’t require many details when signing up. Most will only demand your email or phone number. Hence, you stay private—anonymous, if you want—while wagering on Paris 2024 events
When depositing and withdrawing, you only need your wallet address. It’s unlike using a bank or card where you have to enter your name and other personal details. Consequently, your transactions are much safer since you share no sensitive information
More often than not, transfers via digital coins are instant, and it’s a significant advantage for crypto sportsbooks. Whether you fund your account or request payouts, you won’t have to wait hours or days for the money to reflect in your account or wallet
Per our expertise, the promotions at crypto and Bitcoin betting sites have a higher value than those at traditional platforms. So, you get more rewards for your deposits and loyalty, making the betting experience more worthwhile
If you’re done clicking odds, open your bet slip and check your selections. Verify that the events are correct, then set the amount you want to bet and submit
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Hints and Tips to Maximize Your Wins
Outcomes when gambling always depends on chance, and there’s no guaranteed way to win. That said, we recognize that there are hints that can help improve chances of success and maximize wins. If you’re interested in these tips, below are the most effective ones we recommend:
- Focus on One Sport: The Olympic Games boast many events, and instead of wagering on all or many, we advise going for a sport you understand. Then, dedicate time to researching teams, players, and other relevant stats for informed betting picks.
- Find Out Value Bets: Primarily, the idea is not to always bet on favorites. It’s ideal to look for situations where the odds appear skewed compared to the actual probability of a result. You can leverage such instances for more payout if your slip wins.
- Properly Manage Your Bankroll: Responsible gambling is always crucial when maximizing wins, ensuring you don’t lose it all. What to do here is simple—set a budget and stick to it. Skip chasing losses and avoid betting more than you can afford.
- Don’t Bet on Emotion: The best bets are always those made from an objective point of view. Therefore, we advise you not to let biases influence your picks. Instead, emphasize analysis and research for your Paris 2024 bets.
- Maintain a Record: This may sound odd, but it’s crucial given the many events and fast schedule of the Summer Olympics. If you have detailed records of your betting activities, you’ll find analyzing past results easier. Consequently, you identify strengths, weaknesses, and aspects of your betting strategy that can improve.
Expert Analysis and Predictions for Summer Olympics 2024
With more than 10,000 athletes competing, predicting medal winners at the Olympics can be challenging. The fact that you have to follow different sports doesn’t make things easier. Nevertheless, we’ve expertly analyzed data and past trends and generated reliable predictions to guide your bets on crucial events. Here’s the breakdown:
- Athletics: Overall, the United States is the best pick for these events, with over 820 medals won in the previous editions. Jamaica is also a strong country to pick, particularly in sprinting events. If the talk is about distance running, then you can consider Kenya and Ethiopia.
- Swimming: Again, the United States comes out on top with 580 medals, and you can back athletes from the country for swimming competitions. Other nations like China, Australia, and Great Britain also have strong teams. We predict that there’ll be many close races in the events, and for optimal predictions, you may want to consider swimsuit technologies.
- Gymnastics: Having finished second in the all-around Women’s artistic at the last Olympics, Simone Biles and the United States team are predicted to aim for gold this time. Nevertheless, we still count the Russian team and defending champions as a top contender worth betting on. In the men’s gymnastics competition, Japan is our top pick.
- Men’s Basketball: The United States men’s basketball team has won gold in three out of the last four Olympics. That’s outright dominance, and the country is expected to replicate the same success at the 2024 Olympics. However, Serbia, France, and Slovenia are also reliable teams for day-to-day fixtures.
- Tennis: Since it’s an individual sport, pinpointing medal winners in this category is much more tricky. However, Novak Djokovic of Serbia and Carlos Alcaraz of Spain are the best players in men’s tennis at the moment. Regarding the women’s competition, Naomi Osaka of Japan and Iga Swiatek of Poland are top favorites.
- Men’s Football: Argentina is the best national team in world football at the moment, but with the Olympics tournament restricted to U-23, they aren’t the favorites. Based on our research, the host nation, France, stands a better chance due to their many talented youngsters. Brazil is another ideal pick to win the gold medal, especially since they’re the defending champions.
Note that things can change at any time. For instance, some athletes and players may experience injuries or other setbacks that automatically reduce their chances of success. So, while following our expert predictions, stay updated on breaking news regarding Paris 2024 events and capitalize on the latest information.
Conclusion
As July 26th draws nearer, sports fans and bettors are highly anticipating the start of the Paris 2024 Olympic Games. If you’re part of the latter group, you’ll find the information we provided on this page worthwhile. We’ve highlighted the best crypto sportsbook for Paris 2024 betting and expert tips and hints to help you make informed predictions.
Use our analysis as a guide, and you’re sure to have an optimal experience while wagering on popular Olympic events. At the same time, it’s our duty to inform you about responsible gambling. Ensure you keep your activities in check, and don’t bet more than you can afford.
Sources:
2024 Summer Olympics – Wikipedia
Summer Olympic Games – Wikipedia
How is Paris preparing for the Olympics and Paralympics? – BBC News
The country with the best odds to win the most Gold Medals at the 2024 Summer Olympics is the United States. US athletes always perform impressively, especially in athletics, as evidenced by previous Olympic Games.
You can find the best betting odds for the Summer Olympics 2024 by comparing rates at different sportsbooks. Calculate the overrounds and margins to know which site offers more value. The top crypto betting sites for Paris 2024 on this page have fair and competitive odds, which is why we recommend them.
Yes, you can bet on live events during the Summer Olympics. Simply visit your selected sportsbook and navigate to the Live or In-play section. Then, locate the events you want to bet on and start making your picks.
Will Wood
Author | Crypto Gambling Expert
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