Paris hosts the 2024 Summer Olympics. The opening ceremonies are July 26 and the Games will end Aug. 11. There will be 329 events in 32 sports. Team USA is the favorite (-2500) to win the medal count. Invest in the action by using the best Olympic betting promos and take advantage of terrific sports betting bonuses for new customers. Open accounts with the leading sports betting apps and stock up on thousands of dollars in welcome offers that include first-bet protection, bonus bets and more.

Team USA will be looking for its fifth consecutive gold medal in men’s basketball and seventh straight gold medal in women’s basketball in two of the marquee events. The men’s gold medal game will be Aug. 10 and the women’s gold medal game will be Aug. 11.

Other highlights include key dates in track and field: The 100-meter dash finals will be Aug. 3 (women) and Aug. 4 for the men. The 200-meter dash finals for the women will be Aug. 6 and Aug. 8 for the men. The 4×100 relay finals for men and women will be held Aug. 9.

Other notable events include the golf finals where many of the top PGA and LPGA professionals will play a full 72-hole tournament starting Aug. 1-4 (men’s) and Aug. 7-10 (women’s). By using the best Olympic betting promos to start your sports betting journey, you can check odds on all things Paris Olympics. Claim the best sportsbook promos to enjoy bonuses and additional wagering opportunities.

Best Olympic Betting Sites

1. BetMGM: Terrific promotions for new and returning customers
2. Caesars Sportsbook: Incredible selection of Olympic betting markets
3. Fanatics Sportsbook: Welcome offer allows for multiple days of Olympic betting
4. bet365: Great Olympic odds from global leader
5. DraftKings: One of best apps for Olympic betting

Best Olympic Betting Promos

Olympic Betting Promos: BetMGM

Claim a first-bet offer up to $1,500 when you sign up with the BetMGM bonus code SBWIRE. With this promo, BetMGM provides protection on your initial wager up to $1,5000. If your first bet settles as a loss, BetMGM will cover it by refunding you with bonus bets. Bets over $50 will be refunded with five bonus bets, each worth 20 percent of your original wager. Losing bets of less than $50 will result in one bonus bet returned.

Olympic Betting Promos: Caesars Sportsbook

The Caesars Sportsbook promo code SBWIRE1000 has a first-bet offer up to $1,000. When you place your first bet with one of the best online sportsbooks, they will provide protection on the bet up to $1,000. So, if your first bet settles as a loss, Caesars Sportsbook gives you a rebate as a single-use bonus bet up to $1,000.

Olympic Betting Promos: Fanatics Sportsbook

You can collect up to $1,000 in bonus bets with the Fanatics Sportsbook promo. After you create an account, Fanatics Sportsbook will match your first bet up to $200 every day for the first five days, win or lose. Place a wager a day for five straight days and Fanatics Sportsbook will match each of those wagers with a bonus bet of the same amount, for a potential of up to $1,000 in bonus bets.

Olympic Betting Promos: bet365

The choice is yours with the bet365 bonus code SBKWIRE. New customers can choose between two welcome offers. Get a First Bet Safety Net Up to $1,000, which refunds you with bonus-bet credit if your opening wager settles as a loss. Or you can get $150 in bonus-bet credit after you make an opening wager of $5 or more, win or lose. You can only pick one, but you can’t go wrong either way.

Olympic Betting Promos: DraftKings

The DraftKings promo code keeps it simple. Sign up for an account, place a first bet ($5 minimum) and receive $150 in bonus bets. Whether that first bet wins or loses, DraftKings will place six $25 bonus bets into your account.

For a limited time, new customers in Iowa, Illinois, Louisiana, Michigan, North Carolina, New Jersey, Ohio, Pennsylvania, Vermont and Wyoming will also have the chance to bet $10 to get $200 in guaranteed bonus bets or bet $50 to get $300 in bonus bets.

Sign Up at Olympic Betting Sites & Claim Promos

It only takes a few minutes to sign up for one of the best Olympic betting promos. You can register for as many as you like and enjoy all of the bonus bets and bet protection that is offered. Follow these steps to get started:

1. ✅ Pick the online sportsbook of your choice and tap any of the BET NOW buttons in this review. You will be directed to the site’s registration page.
2. ✅ Once at the page, you will have to choose the state you will be betting in; provide a current email and create a password.
3. ✅ You will have to provide some basic personal information to complete the registration. You also must insert a promo code if it’s required to activate the welcome offer.
4. ✅ Each mobile sportsbook requires you are at least 21 and located in a place where online sports betting is legal.
5. ✅ Make the required minimum deposit (or more) in your account to start wagering.

🏅 Olympic Odds: Who Will Top Medal Table?

The United States is the odds-on favorite to win the most gold medals, at -750. Next is China (+350), France (+6500), Japan (+8000) and Great Britain (+8000).

👟 Top Sports to Bet on Olympics Betting Sites

🏀 Basketball: Team USA Basketball odds favor the men in a big way, with a sports betting apps listing them at -400 to win their fifth straight gold medal. But this is the deepest basketball tournament in Olympic history. Keep an eye on France (+1000), which won silver in 2020, and has the NBA Defensive Player of the Year (Rudy Gobert) and NBA Rookie of the Year (Victor Wembanyama) on the roster. The USA women (-1400) are heavily favored to capture their seventh consecutive gold.

🤸‍♀️ Gymnastics: The USA women are the favorite in the team event with Brazil, China and France in the mix. Simone Biles is also on the hunt for her second All-Around gold medal. On the men’s side, Team USA won bronze at the World Championships, but China and Japan are expected to battle for the gold.

🏊‍♂️ Swimming: Team USA swimmers once dominated the 4×100 freestyle relay, but the men have recently taken a back seat to China and the women didn’t even qualify for the finals in the 2024 World championships. Individually, Katie Ledecky will try to win her fourth straight gold medal in the 800-meter freestyle.

🎽 Track & Field: The main event will be the 100-meter dash with Noah Lyles looking to win gold after taking first place in the 2023 World Championships. On the women’s side, sprinter Sha’Carri Richardson took first at the Worlds and will battle with Jamaicans Shericka Jackson and Shelly-Ann Fraser Pryce. Also, Sydney McLaughlin-Levrone will attempt to win another gold medal in the 400-meter hurdles.

Olympic Betting Sites FAQs

Is Betting on the Olympics Legal?

Yes, betting on the Olympics is 100% legal. As long as you are located in a legal betting state and are old enough to bet on sports online in that specific state, you will be able to sign up and wager with the best Olympic betting sites.

What Olympic Sports Can I Bet On?

There will be odds offered on almost all of the sports being contested during the Paris 2024 Olympics. Some of the most popular sports to bet on include basketball, track and field events, swimming, soccer and more. Part of the excitement of sports betting is wagering on unfamiliar sports. The Summer Games are a great venue to try a new challenge.

Which Olympics Betting Site Is the Best?

Our recommendation is BetMGM and Caesars Sportsbook are the best Olympics betting sites. BetMGM will offer odds on niche events and have reasonable odds for all the major team and individual events, plus ongoing promotions. You will find Caesars Sportsbook offers competitive odds on all the major Paris 2024 Olympics events.

Which Olympics Betting Promo Is the Best?

For our money, the first-bet protection you get from BetMGM, at $1,500, and Caesars Sportsbook, at $1,000, are the best Olympic betting promos. There are plenty of other great options, including guaranteed bonus bets at DraftKings ($150) and Fanatics Sportsbook (up to $1,000).

What Makes a Good Olympic Betting Site?

A good Paris 2024 Olympics betting site should have a diverse range of betting odds, a variety of betting promotions geared toward the Olympics and live streams of multiple events. Also check for secure payment options, quality odds and a wide selection of betting markets. Only wager on sites that are licensed and regulated.