Many or all of the products and brands featured here are from our partners who compensate us. This may influence how the product or brand appears on a page. However, this does not influence our evaluations. Our opinions are our own.
The information on this page, including operator and game details, is updated regularly but subject to change.
Your Ultimate Guide to Wagering on the 2024 Olympics: Tips and Insights for Aussie Bettors
The Olympics have consistently been an exciting spectacle, showcasing the world's best athletes. This year, the 2024 Paris Olympics have been spectacular with Grace Brown, Jessica Fox, Ariarne Titmus, and Cameron McEvoy winning gold for Australia. Australian punters now have a chance to cash in on the Games which will conclude on Sunday, August 11.Your Ultimate Guide to Wagering on the 2024 Olympics: Tips and Insights for Aussie Bettors
From individual events like track and field to team competitions, the Olympics offer many betting options. Whether you are wagering with real money or not, this guide provides tips to maximize your Paris Olympics experience. Discover the different betting choices and important events to keep an eye on during the last days of the competition.
Read on to learn more about how you can enhance your Olympic betting experience.
Table of Contents
Olympic Betting for Aussie Bettors
The Olympics pay tribute to human achievements and athletic excellence, with their roots in ancient Greece. The games allow sports fans to show their support for their countries, favorite athletes, and celebrate athletic accomplishments. During the Olympics, sports bettors also have the opportunity to wager on various events.
Australian law allows punters to bet on sports, including the Olympics. This means you can wager on numerous sports markets and athletes at the ongoing Games. Whatever you fancy, you can access wagering markets like football, swimming, archery, or even table tennis. Many of the best Australian real money online casinos also offer betting markets on hockey, volleyball, rugby, gymnastics, and sailing. This year’s Olympics features 32 sports, meaning you won’t run out of events to wager on. You can explore sports you typically don’t follow and possibly uncover value bets in these events.
How to Place Real-Money Bets
You can place bets on the Olympics on your phone or tablet within minutes. To do so, always choose a reliable internet sportsbook that offers betting opportunities for the Olympics. Moreover, make sure you pick a platform with an easy-to-use interface that is easy to navigate and place bets. Also, compare terms and conditions with other betting sites to make sure they are fair and have no hidden surprises.
Once you are ready, register, deposit and claim your welcome bonus. You must however fulfill all bonus wagering requirements before withdrawing your winnings.
Betting Choices for the Paris Olympics in 2024
Australian bettors have a wide range of betting options to choose from for the 2024 Olympics in Paris. Common options include picking the gold, silver, and bronze medal winners in individual events or team sports. However, Olympic betting offers much more variety.
In track and field events, you can bet on winning times or distances. For example, in the 400m race, you might wager on whether the winning time will be under or over the world record 43.03 seconds. In field events like long jump or javelin, you can bet on the longest jump or throw.
In team sports like basketball or football, you may predict the total number of points or goals scored being over or under a specified number. Alternatively, you can bet on the winner, correct score, first goal scorer, or the winning margin.
You can also consider prop bets in Olympic betting. These include bets on specific occurrences, like a world record being broken in a particular event, or the number of medals won by a single athlete. Furthermore, you have the option to choose parlay bets which allow you to merge multiple predictions into a single wager.
Unique Olympic Betting Markets to Explore
Although many bettors gravitate towards traditional wagers, Olympic betting presents a variety of distinctive options.
Some bookmakers offer bets on the number of world records that will be broken during the Olympics. Alternatively, you can wager on whether a country will achieve over or under a certain number of gold, silver, or bronze medals. Other options include betting on specific events where you think records might fall.
You can also opt for special bets tied to each day’s events, such as predicting the total medals Australia will win on a particular day. These unique bet types can help diversify your betting portfolio and help you get better value bets.
Tips for Picking the Best Olympics Wagers
When picking your 2024 Olympics bets, research is your best friend. Focus on sports and events you’re familiar with, as your existing knowledge can give you an edge.
Nevertheless, do not hesitate to venture into unfamiliar grounds – the Olympics frequently yield unexpected outcomes. Take note of recent performances, previous match results, and updates on injuries or weather.
Placing bets on top picks is less risky, although they usually have reduced payouts since their odds are lower. Alternatively, placing bets on the less favored teams or athletes can result in greater profits. Think carefully about the probabilities and search for wagers with good value instead of only betting on the favorites.
You can consider betting on podium finishes rather than outright winners as these wagers offer greater value and increase your winning chances. Another suggestion is to vary your wagers. Diversify your wagers by spreading them out over various events and markets.
Top Events to Bet On in the Final Days
As the 2024 Paris Olympics come to an end, there are still some thrilling competitions that offer plenty of betting value. In the men’s football semis, Morocco will face Spain while Egypt will compete against the host country, France. In the women’s soccer semifinals, the USA will go up against Germany, while France welcomes Spain.
Track and field features events like the women’s 1500m race, javelin throw, men’s 110m hurdles, as well as the 400m and 200m races. A notable event is the men’s 1500m final scheduled for Tuesday, August 6th. Timothy Cheruiyot from Kenya, Ingebrigtsen from Norway, and Josh Kerr from Great Britain are top contenders.
Also, explore markets in sports like beach volleyball, shooting, and indoor volleyball. Another option to pursue is betting on the women’s marathon and the women’s basketball gold medal game on the last day.
Maximize Your Betting
To get the most out of your Olympic betting, consider placing some early bets on events or outcomes you feel confident about. This can include futures bets on overall medal tallies or winners of major events.
Live or in-play betting can be particularly profitable during the Olympics, allowing you to wager as events unfold. However, ensure to establish a budget for your Olympic bets and adhere to it, regardless of whether you win or lose.
Make the Most of Your Olympic Betting Experience
The 2024 Paris Olympics are approaching their conclusion. For Australian bettors, this is their final opportunity to experience the thrill through strategic gambling. The Games offer many betting markets for various events like football, basketball and track and field. You have the option to place standard bets on gold medalists or unique bets on specific results.
Conduct proper research, handle your bankroll carefully, and be open to trying out new events and betting markets. Above all, enjoy the thrill of the Olympics, including the intense moments, victories, and memorable highlights.
Well, why are you hesitating? Make your predictions today and savor the last moments of the Olympic extravaganza!