{"id":41338,"date":"2024-07-30T06:38:24","date_gmt":"2024-07-30T11:38:24","guid":{"rendered":"https:\/\/www.casino.org\/blog\/?p=41338"},"modified":"2024-08-15T03:30:15","modified_gmt":"2024-08-15T08:30:15","slug":"can-you-bet-on-the-olympics","status":"publish","type":"post","link":"https:\/\/www.casino.org\/blog\/can-you-bet-on-the-olympics\/","title":{"rendered":"Can You Bet On The Olympics? Your Betting Guide For the 2024 Olympics"},"content":{"rendered":"\n
The answer to ‘can you bet on the Olympics?’ depends on the country you are in. Most countries have legalized betting on the Olympics, with sports betting having been legalized in the US in 2018.<\/p>\n\n\n\n
Often considered the pinnacle of many athletic events, the Olympics sees athletes from more than 180 countries come together to compete across a variety of sporting events. <\/p>\n\n\n\n
As the Olympics are only held every four years and switch host nations every time, each competition has its own personality. This provides exciting opportunities for viewers to enjoy lesser-seen sports and fan favorites.<\/p>\n\n\n\n
You can make things even more exciting by Olympic sports betting. Olympic games betting is legal in many countries globally, although there are some critical restrictions you need to consider before you start betting. <\/p>\n\n\n\n
Read our complete guide to learn more about how you can bet on the Olympics 2024, including whether wagering on events is legal and some tips for placing successful wagers.<\/p>\n\n\n\n
The Olympics are one of the oldest sports events in history, dating back to Ancient Greece around 776 BC. There is evidence that even during the Ancient Olympic Games, betting on athletes to win events was common.<\/p>\n\n\n\n
While the Ancient Olympic Games finished around 393 AD, the modern Olympic Games returned in 1896<\/a>. Most countries globally didn\u2019t accept sports betting legally until later in the 20th century, with the UK legalizing sports betting, including Olympics betting with the Betting and Gaming Act 1960.<\/p>\n\n\n\n Meanwhile, places like the US have regulated sports betting since 1949. However, legal sports betting was limited to Nevada for most of this history. Anyone who visited the Silver State could bet on the Olympic games.<\/p>\n\n\n\n The US Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992 (PASPA) in 2018, allowing other US states to legalize sports betting within their borders. Dozens of US states now allow sports betting<\/a>, and you can bet on the Olympics 2024 at online sportsbooks<\/a> or through retail sportsbooks.<\/p>\n\n\n\n Some countries worldwide do not allow betting on the Olympics or any other sports for cultural and religious reasons. For example, sports betting is prohibited in Saudi Arabia under Sharia law.<\/p>\n\n\n\n Standard Olympic sports betting involves athletes or teams competing against each other in competitions or events that are usually won through scoring points of some kind (goals, touchdowns, etc.). Most sportsbooks allow you to predict the final event and key events that will happen during the event, such as how many home runs a player will hit in a baseball game.<\/p>\n\n\n\n In Olympic events, many events are determined by the judges\u2019 scores, like boxing matches that don\u2019t feature a knockout. Another example is synchronized diving, which involves several rounds of scoring to determine which nations get a medal.<\/p>\n\n\n\n Of course, backing the nations that have consistently won the most gold medals<\/a> is always a good idea.<\/p>\n\n\n\n Most sportsbooks won\u2019t offer markets on individual moments during events for the Olympics but will allow you to wager on medal winners. The main exceptions to these rules are soccer and basketball, which will feature many of the same markets you\u2019d expect when placing different types of sports bet<\/a>.<\/p>\n\n\n\nLegalizing Sports Betting on the Olympics<\/h3>\n\n\n\n
Olympic Sports Betting: Choosing a Winner<\/h3>\n\n\n\n