Olympics Online Betting Guide In 2024 – Full Paris Event Guide

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Posted: April 17, 2024

Updated: April 17, 2024

  • How to bet on the Olympics in 2024 online?
  • 2024 Paris Summer-Olympics full information
  • Olympics online betting guide in 2024

Today we are going to give you our Olympics online betting guide in 2024. In this article you are going to learn the following information about the upcoming event in Paris: Venue, schedule, betting sites, betting guide, odds explanation, categories, promotions, athletic sports list for the competition, and of course, our general piece of mind about the most important information regarding the event.

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Join us and take a look at our Olympics online betting guide in 2024. If you are at the edge of your seat, waiting for the grandiose event in Paris, then you are in the perfect place. This article will introduce you to the different sports categories you will see during the 2024 Summer Olympics, and we will also offer you valuable information on the schedule, the types of betting, and the odds.

Furthermore, we will give you useful tips when taking promotions and odds by registering at some of the online sportsbook sites in France. As we are getting closer and closer to Summer, we are getting closer to experiencing the authentic Olympic experience in France. Let’s paint the Eiffel Tower in the Olympic colors, and enjoy some bagels in the meantime.

Schedule – Olympics Online Betting Guide In 2024

Let’s start with the general venue and schedule. According to Sportstar, Paris will host the 33rd edition of the Summer Olympic Games. The event will take place from July 26 to August 11, 2024. During this, their timetable will be full of Olympic sports events, and community events around Paris. The games will take place in the Stade de France, which is the biggest Stadium in the city.

The opening ceremony will take place at the Seine and Jardins du Trocadéro. There will be roughly 10500 athletes competing for the golden medals. In 2028, we expect the Olympic Games to be held in Los Angeles, USA. – Take a look at our full Olympics 2024 preview for more info. Register at Ivibet Sportsbook to find odds on all sports categories.

2024 olympic sport categories

The Sports Categories This Year

Moving in with our Olympics online betting guide in 2024, let’s take a look at all of the available sports this year. According to the Olympics, they are going to feature a total of 45 sports. These sports are the following:

  • Archery
  • Artistic Gymnastics
  • Artistic Swimming
  • Athletics
  • Badminton
  • Basketball
  • Basketball (3×3)
  • Beach Volleyball
  • Boxing
  • Breaking
  • Canoe Slalom
  • Canoe Sprint
  • Cycling (BMX Freestyle)
  • Cycling (BMX Racing)
  • Cycling (Mountain Bike)
  • Cycling (Road)
  • Cycling (Track)
  • Diving
  • Equestrian
  • Fencing
  • Football
  • Golf
  • Handball
  • Hockey
  • Judo
  • Marathon Swimming
  • Modern Pentathlon
  • Rhythmic Gymnastics
  • Rowing
  • Rugby Sevens
  • Sailing
  • Shooting
  • Skateboarding
  • Sport Climbing
  • Surfing
  • Swimming
  • Table Tennis
  • Taekwondo
  • Tennis
  • Trampoline
  • Triathlon
  • Volleyball
  • Water Polo
  • Weightlifting
  • Wrestling

As you can see, there are many different athletic categories you can both bet on and watch. The schedule gives you a perfect opportunity to filter out the ones that may or may not interest you.

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Betting Types – Olympics Online Betting Guide In 2024

Once you select the sports category of your liking on a betting site, you will see several different betting categories. Of course, it is important to understand how to prepare for the Olympics in Paris. But from a better standpoint, it is valuable to understand the categories instead of aimlessly browsing the sites. Thus, we have created a list for you to understand the many different types of bets you can make:

  • Outright winner (1st place)
  • Golden, Silver, and Bronze medallions earned by athlete/region
  • Head-to-head performance between two selected athletes
  • Points/scores in an over/under format.
  • Prospective bets: Things that have a chance to not happen at all. (For example: The Netherlands will receive a ban this year. – They might not receive any penalties, but you can bet on it.)
  • Live betting: Props on the scores minutes before they happen
  • Special bets: Things such as “Snoop Dogg to be a Reporter in Paris” or “Snoop Dogg to Light a Blunt as a Reporter Live.”
  • Side-bets: Bets on things outside of the main categories.

There might be more categories, based on which sports betting site you use, but these are the general groups in which you can find various prompts with their given odd formats.

 

Olympic betting guide in 2024

Odds Formats Explained

Now that we have talked about the general categories in this Olympics online betting guide for 2024. Let’s talk about the formats. According to Investopedia, there are three main odds formats which you can essentially take upon. These are the following:

  • American format – Generally, the American format counts for $100. Thus, if you see +1500 that means you need to bet $100 to win $1500. If you see -1500, that means you have to bet $1500 to win $100. This is for people who have the money to wager but can not care for mathematical calculations.
  • European format – An easy-to-understand format with different multipliers. You are going to win the highlighted number as a multiplier to your bet. Thus, it multiplies your bet by the given amount. This is for those who do not like to calculate a lot, but want to bet the money they are willing to wager.
  • English format – A format which calculates with chances, and the winning value of the risk you have taken. This is fair for those who want to have a just reward for the risk they have taken, in a format that mathematically justifies the value you win or lose.

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Taking Promotions – Olympics Online Betting Guide In 2024

Now that you know everything about the event and the betting opportunities, let’s talk about the meta aspects of the betting. You are betting on the most glorious Olympic moments ever, but you still shouldn’t waste the opportunity to increase your monetary rewards or decrease your losses. Thus, let’s talk about promotions. No matter what type of promotion you take, the core thing to keep in mind is the wagering requirement.

This is a given multiplier that you’ll have to play at the website before you can withdraw your money from your account. The reason why this exists is to avoid people exploiting the system and withdrawing easy cash for free with minimal risks taken. In conclusion, try to find wagering requirements around 10%-25%. If there is none, then the promotion is extremely valuable, no matter the marketing format. Try to pair payment promotions (like a Binance promotion) with a sports betting promotion (like Ivibet’s promotions).

betting promotions for Olympics 2024

Where To Find The Best Odds?

We have reached the end of our Olympics online betting guide in 2024. As a last piece of advice, we recommend you register at all of the available sports betting sites. These are the two sites in Paris:

Of course, you can use our country selector on the top-right corner to find locally legal and trustworthy betting sites in your own country’s IP. While France decided to restrict most sites, they did open gates for at least a few. Our top recommendation for those living or visiting Paris during the Olympics events remains Ivibet Sportsbook.

Click here to try the best odds at Ivibet Sportsbook!

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