Best Olympics Betting Sites

Locations for the next three Olympic Games have been announced and the Olympic Games will return to the United States, with the L.A. Games in 2028, but first they will head to Paris in 2024. Let’s find out what the best Olympics betting sites are to use once the Summer Games kick off in July 2024.

Every notable sportsbook offers a welcome promo of some kind—and our favorite Olympics betting site sign-up bonuses are listed below:  

The premier Olympics betting site is BetMGM Sportsbook. This is due to the site’s wide range of Olympics-related betting markets, bet types, site/app layout, and key features. 

For the 2022 Winter Olympic Games, BetMGM provided betting options for events like: hockey, biathlon, bobsled, cross-country skiing, curling, figure skating, freestyle skating, and skeleton. For more popular sports like hockey, BetMGM provided bet types such as moneyline, double chance, winning margin, game/team totals, and puck lines, as well as numerous props and parlay options.

BetMGM also offers several impressive features for Olympics betting, including: live betting, live streaming, odds boosts, early cash out, and bet editing. 

Overall, we were very impressed with the Olympics betting section offered at BetMGM. The site boasts a very enjoyable user experience, both on the desktop version and the high-rated mobile app. The sleek interface at BetMGM is arguably the cleanest in the industry.

While BetMGM is our number choice for wagering on the Olympic Games, it’s not the only quality option on the market. Below are our other top five favorite sites:

The most widely-available online betting option in the United States, DraftKings Sportsbook app is a solid option for wagering on the Olympic Games. DraftKings boasts very competitive odds for the Games, including fun futures bets like medal winners and which country will win the most gold medals?

DraftKings offers one of the most enjoyable and stress-free betting experiences on the market, with a user-friendly interface along with arguably the best mobile app in the game. Combine that with reliable payment methods as well as a great loyalty program, and you have a strong option for Olympics betting. 

PointsBet isn’t going to blow you away with a ton of Olympic betting markets or bet types, but the sportsbook is an underrated experience. From PointsBetting (where you can win more money based on how much your bets wins by) to Partial Cash Out (which lets you cash out but also leave some money on the bet to let ride), PointsBet offers several unique features that stand out to our team. 

Unfortunately, the site and mobile app user experience holds PointsBet back from being the premier Olympics betting site. That’s not to say the app is subpar—it just doesn’t perform quite as well as its other top competitors. Still, PointsBet can easily compete with the bigger brands in the game.

Like PointsBet, BetRivers Sportsbook is lesser known than big betting brands like DraftKings and FanDuel. Unique promos, competitive odds, and quality key features make BetRivers a good choice for betting on the Olympic Games. 

We feel like the BetRivers interface looks a bit outdated compared to its competitors, but it’s designed quite well. Additionally, we really like the iRush Rewards Program at BetRivers as well as their line of sport-specific promos. Be on the lookout for those once the Games roll around.

The very best welcome promo currently being offered by sportsbooks is at Caesars Sportsbook. New users can claim $250 in bonus bets when placing a first-time $50 wager using promo code “SLMLIVEGET“. 

Betting on the Olympics is very different from wagering on other sports that take place every year. Yet, that doesn’t alter our criteria for ranking the best Olympics sportsbooks. Our team considers numerous different factors when crafting our review and ranking.

For starters, we’re looking for which sites offer the most betting markets and bet types related to the Games. Unlike mainstream sports like the NFL and NBA, some sportsbooks just don’t put much effort into their Olympic betting sections. 

We’re also examining each site’s welcome promo, other bonuses, site/app layout, and overall betting experience. It’s important that we review all aspects of every site in order to provide you with the most accurate ranking possible.  

If you’re still not sold on choosing BetMGM as the top Olympics betting option, then we recommend giving all six of the previously mentioned sites a try to discover which one you prefer most. As the Olympics near, you should look under each sportsbook’s “All Sports” or “Sports A-Z” tab to see if they’ve posted odds for the events.

After this, compare markets and bet types to narrow down your list. You should then examine each sportsbook’s welcome promo to see if any stick out to you more than others. Be sure to read over the terms and conditions of each bonus to get a full understanding!

We always recommend making accounts with a handful of Michigan betting sites so you can take advantage of multiple welcome promos and other offers. Lastly, you absolutely need to compare odds to ensure you’re getting the best bang for your buck with your bets.  

Our two favorite mobile apps, regardless of what sport you’re betting on, are DraftKings and FanDuel. We also enjoy using the BetMGM and Caesars apps, but they’re a step slower than DK and FD.  

The DraftKings mobile app boasts user ratings of 4.8 and 4.6 on the Apple Store and Google Play Store, respectively. We found the mobile experience to be nothing short of elite with DraftKings. Navigating the app was simple and intuitive, making the Olympic bet submission process take just minutes. 

Meanwhile, the FanDuel mobile app possesses user ratings of 4.8 and 4.7 on the Apple and Google app stores, respectively. We actually find the FanDuel app to own a slightly sleeker color scheme and layout, while still having premium speed.

The best sportsbook to bet on the 2024 Summer Olympics is BetMGM. From betting markets, to bet types, and competitive odds, you won’t find a better option for Olympic betting than BetMGM.   

There are several benefits to live betting, no matter the sport. If you’re unable to place the bet you want before the event begins, there’s a good chance you’ll still be able to find what you’re looking for while it’s in progress. Live betting allows you to be in on the action all day long according to your schedule. 

While there are several quality places to live bet on the Olympic Games, our preferred choice is BetMGM. Odds are constantly updating while the action takes place, making the live betting process very enjoyable with the self-proclaimed “King of Sportsbooks”.  

The types of bets that you’re able to make on Olympic sports are essentially the same as if you were betting on a sport like football, basketball, or something else. 

Betting on the Olympic Games isn’t nearly as common or popular as most other sports, mostly due to the fact they only take place every other year. Thus, some people could really benefit from some Olympics betting tips, which we provide below: