The 2024 Olympic Games in Paris are about to take place! Between July 26 and August 11, athletes from 48 sports will compete in search of the coveted medals.

If you like to follow the competition, you can have fun with friends and place sports bets on sports such as football, gymnastics and swimming.

In this guide, we present general tips for those who want to bet on the Olympics based on data, statistics and responsibility . But first, we recommend three popular bookmakers in Brazil, which already have markets open for the Olympic Games:

1. Bet on the United States in the medal table

Historically, the United States is the champion in the overall sum of medals: since the first modern games in Athens, 1896, the country has accumulated approximately a thousand gold medals .

Today, the probability indicates that the country has an 83% chance of emerging victorious from the 2024 edition.

The tip here is to make safe bets on the Medal Table market . Take a look at Betano, which already has odds available. The bookmaker paid 1.20 a month before the competition!

The point is this: since the country is by far the favorite, the closer it gets to the Olympics, the more these odds will be adjusted, getting smaller and smaller. When the competition starts, they will be almost 1.00!

Placing long-term bets in this market is a good way to guarantee some money with bets, as the pillar here is security.

Betting R$50, you would win R$10 at the end of the competition. Since it is a safer market, it may be worth setting aside a larger amount from your bankroll to seek these profits.

2. Find safe football bets

Throughout the competition, strong countries will face much weaker opponents. But very weak indeed ! The match between Uzbekistan and Spain, for example, already has markets open at bookmakers. Uzbekistan has only 5 medals at the Olympics and has no tradition in football.

And we don’t even need to talk about the technical quality of the Spanish team, right?

Our tip, then, is to find other matches where there is a strong discrepancy between the opponents .

Betfair and Bet7k were offering Spain at 1.30 on 28/06. This is a good example of a long-term market worth betting on before the Olympics start: if you put R$20 on the bet today, you would win R$6.

We have listed other safe bets that you can place before the Olympics:

3. Keep an eye on sports that France is good at

The host usually performs better — comparing previous and subsequent editions.

On average, host countries win 43 medals , while non-host countries win 10 medals.

The tip here is to look for sports in which France excels. We investigated the statistics and the country has the highest number of medals in fencing, cycling and athletics .

Here’s an example: France (along with Italy) will have athletes in all fencing events in Paris 2024.

The qualification of an excellent cast makes the country one of the favorites in the sport! However, fencing is not common in bookmakers, which makes it difficult to have markets.

But cycling and athletics are much more popular sports. We’ll keep an eye on the markets as they open, bringing you tips on hot betting opportunities!

4. Observe the performance of specific athletes

Our team has investigated some markets that are already open at bookmakers and found the opportunity to bet on specific athletes. They are:

• Miltiadis Tentoglou : The Greek long jumper won gold at Tokyo 2020 with a jump of 8.41m. He was world runner-up in Eugene 2022, with a mark of 8.32 metres and world champion in Budapest 2023 with 8.52 metres.
• Victor Montalvo : The American breakdancer won gold at the 2022 World Games in the B-Boys event. He is a two-time Red Bull BC One champion, winning in 2015 and 2022.

We suggest some small-value bets on these athletes, considering the best odds among bookmakers with markets already open:

Remember not to bet large amounts if you are not used to following sports. Leave the majority of your bankroll for sports that you are comfortable and confident in analyzing! Otherwise, it is worth having fun and having fun.

As new markets open up, we will update the guide with other off-the-beaten-path picks for the 2024 Olympics.

Conclusion: You don’t need to wait for the games to start to bet

Although the volume of markets increases considerably as the competition approaches (and when it actually starts), you can already play with the odds and take advantage of interesting markets, with high potential for winnings!

Remember that what matters is having fun! So, bet safely, using amounts that you would already use for entertainment. Responsibility always comes first.