The Olympic games present an opportunity for people to rally behind their nation, both in terms of supporting athletes as well as wagering on them. USA residents can find multiple Olympics betting options through licensed USA sportsbook sites. The Olympics has historically been one of few times where citizens of all nations attempt to put aside our issues, opinions, and conflict with each other and at least temporarily come together as a global force for good.
The 2021 round of Olympic games has had its share of controversy and tension for the US, but the games forge forward. This page was created exclusively for US bettors looking to wager on the Olympics. You will find information on the legalities of offshore betting, the best USA sportsbooks hosting Olympic betting lines, insight into this year’s tournament, and more.
SUMMER OLYMPICS SET TO BEGIN JULY 23, 2021
The 2020 Tokyo Summer Olympics will officially begin on July 23, 2021, and will complete on August 8th.
2022 WINTER OLYMPICS UPDATE
The Beijing Winter Olympics are still scheduled to run from Friday, February 4th through Sunday, February 20th, in 2022.
#1 Online Sportsbook
For Betting On The 2021 Summer Olympics
Fans of the 2021 Olympic games will find a strong selection of betting lines for the 2021 Summer Olympics at BetOnline Sportsbook. This sports betting site has been around since the early 90's and has become an authority within the sports betting industry. Not only do they offer a generous 50% match bonus up to $1000 for new bettors, they also offer a lifetime 25% match bonus up to $1000 on every deposit made for the life of your account. BetOnline is legally licensed in Panama City, Panama and is sanctioned to provide betting services to customers from around the world, including the US.
Top USA Sportsbook Sites For 2021 Olympics Odds
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| 1 |  | 50% Max $250 |  | Visit Site Review |
| 2 |  | 50% Max $1,000 | | Visit Site Review |
| 3 |  | 50% Max $1,000 | | Visit Site Review |
| 4 |  | 50% Max $1,000 | | Visit Site Review |
| 5 |  | 50% Max $500 | | Visit Site Review |
| 6 |  | 100% Max $500 | | Visit Site Review |
Is It Legal To Bet On The 2021 Olympics?
Yes. If you are a resident or a visitor to the United States, you can place an Olympic bet at a domestic sportsbook (if local laws allow) or with an online Olympics betting site operating from an overseas location.
2022 Winter Olympics odds, and lines for just about any other major sporting category are also available at these international sportsbook sites, and outside of CT and WA, there are no laws in place that prevent them from accepting wagers over the net.
Can You Bet On The Olympics Online?
Yes. Some states regulate their own online sports betting sites via mobile and online options, but all states outside of Connecticut and Washington allow for Olympics betting via offshore sportsbook sites. The USA betting sites that we recommend for laying action on the 2021 Summer Olympic Games have all passed our lengthy review process and offer their customers the best customer service in the industry.
Tokyo Olympics 2021 Summer Games
The 2021 Summer Olympics will take place in Tokyo, Japan during June and July of 2021. This will be the first time the same city has hosted both the Summer and Winter Olympics.
The Olympic action takes place between July 23 and August 8, and because competitions are being held on a different continent, bettors will need to be mindful of the time difference. Below is a table indicating the amount of time that Olympic bettors will need to factor in based on their time zone in the United States.
- Eastern Time: 14 hours
- Central Time: 15 hours
- Mountain Time: 16 hours
- Pacific Time: 17 hours
NBC, NBCSN, CNBC, and the USA Network will all be broadcasting the Olympics live throughout the competition. You can log on to NBCSN’s website for online streaming. There are also numerous other media outlets hosting streaming options for the 2021 Summer Olympic Games.
What Events Are In The 2021 Summer Olympics?
There are several different sports for fans to bet on in this year’s Winter Olympics. Each category is broken down into sub-categories with more specific variations. We’ve included the main categories below:
| Aquatics | Archery | Athletics |
| Badminton | Baseball | Basketball |
| Boxing | Canoeing | Cycling |
| Equestrian | Fencing | Golf |
| Gymnastics | Handball | Hockey |
| Judo | Karate | Modern Pentathlon |
| Rowing | Rugby | Sailing |
| Shooting | Skateboarding | Soccer |
| Softball | Sport Climbing | Surfing |
| Table Tennis | Taekwondo | Tennis |
| Triathlon | Volleyball | Weightlifting |
| Wrestling |
Are Any Americans Expected To Perform Well At The 2021 Olympics?
The Summer Olympics are just around the corner and we wanted to give our readers a heads up to some of the potential top performers at the Olympic games. Below you will find a list of Athletes who are expected to perform well and the events they will be competing in.
- Simone Biles - Gymnastics
- David Boudia - Diving
- Katie Ledecky - Swimming
- Kerri Walsh Jennings, Nicole Branagh - Beach Volleyball
- Shaun White - Skateboarding
2021 Summer Olympics Odds and Favorites
There are different odds for each individual event, but some nations are considered to do better as a whole than others. The top favorited nations to pull in the most medals during the 2021 Summer Olympics are:
- USA
- Soviet Union
- Germany
- Great Britain
- France
- China
2021 Summer Olympic betting odds are updated daily with more fixtures and lines. You can track the schedule of events to see which are coming up so you can plan your wagers accordingly.
2021 Summer Olympics FAQs
How To Bet On Olympics In The USA
In 48 out of 50 states, there are no laws in place to prevent offshore sports betting sites from taking online wagers on Olympics odds. Domestic books are also able to take bets on Olympic swimming odds, Olympic hockey bets, or any other popular contests during the two weeks of action.
Can I Bet On The Olympics With Bitcoin?
Yes, but only with an offshore sportsbook site like the venues we recommend on this page. Domestic books have not yet adopted Bitcoin and Cryptocurrency as a funding option for sports betting. Expedient transaction times, higher bonus offers, and same-day withdrawals are just a few of the perks to consider when betting on the Olympics with Bitcoin.
What Country Has Won The Most Summer Olympic Goold Medals?
The USA has dominated the Summer Olympics and currently has a total medal count of 2,520. The country with the second-most medals is the Soviet Union with 1,122 Summer Olympic Medals.
When Did The Olympics Start?
The Olympics date back to the 8th century B.C. when the games were held in Olympia, Greece. They were held every four years for twelve centuries before they were outlawed by Emperor Theodosius I.
When Were Females First Allowed To Participate In The Olympic Games?
Women were first allowed in 1900 at the Paris Olympic Games. That year only lawn tennis and golf were offered to women players. In 1928 women's athletics and gymnastics were both added to the Olympic Games.