Bold Punters Chase Lucrative Olympic Sports Betting Odds in Popular Sports

The Olympics are the highlight of the year for any sports enthusiast, with countless events to watch over nearly a month. Punters have one more reason to be excited about the games in Paris, as bookies dedicate ample coverage to the competition. Some have already won big by betting on upsets, while others are still waiting for their favorites to grab the coveted gold medals. Odds are available at top bookmakers for all the sports featured, but these four stand out from the crowd.

Tennis Fans Win Big on Djokovic and Zheng Qinwen First Gold Medals

Betting on Djokovic as an underdog sounds like a highly unlikely thing, but this was the case at the Olympics in Paris. The Serbian champion overcame a lot of adversity and brilliantly recovered after the knee surgery sustained in May. Savvy punters have wagered on his victory against Alcaraz on the clay of Roland Garros and cashed in on odds of 23/10. Even better payouts were handed to those who placed a bet on the outright markets at the start of the championship.

Zheng Qinwen’s victory in women’s tennis is an even greater achievement and the source of bigger wins for those who trusted the Chinese. She converted odds of 6/1 in the semi-finals to defeat the best female tennis player on clay, Iva Swiatek. Her victory remains one of the biggest upsets at the Olympics and the source of some of the biggest winnings so far at the Paris Games.

Cole Hocker Causes the Greatest Upset in the Athletics

Athletics is the most popular category at the Olympics and the 100 m races generate the greatest interest. The Americans have prevailed with ease in both men’s and women’s races, confirming the low odds at top bookmakers. There were few opportunities to win large amounts due to the maximum betting caps in these races, but the 1500 m run was entirely different.

Cole Hocker was credited with odds of 21/1 to win the race, as he competed against far more accomplished rivals. Jakob Ingebrigtsen and Josh Kerr were the main favorites to win, but the British finished second and the Norwegian didn’t even get bronze. The medal went to Yared Nuguse and the few people who bet on the underdog American were also paid well at the end of the race.

Vinesh Phogat Pulls off a Huge Upset at the Paris Olympics

The beauty of betting on the Olympics is that you can win a sizable amount even if your favorite athlete doesn’t win a medal. Vinesh Phogat caused one of the biggest surprises in the competition’s history, by winning against undefeated Yui Susaki. In the women’s 50 kg wrestling competition, the Japanese was 82-0 and got odds of 1/10 of most bookmakers.

Wrestling was one of the original sports at the first Olympics, nearly 3000 years ago and it continues to remain popular. Vinesh Phogat was close to bringing the first gold medal for India, but sadly she was disqualified for being a few grams too heavy. While it broke the hearts of nearly a billion Indians, her victory at odds of 80/1 surely brought happiness to those who wagered on her to win.

Basketball on Track to Produce a Major Upset at the Olympics

Basketball has emerged as one of the most popular sports at the Olympics, and the USA is the perennial favorite. A glance at the athletes brought by the Americans to Paris would suggest that the team simply can’t lose the gold medal. However, 20 years ago in Paris, they suffered a stunning defeat at the hands of Puerto Rico in a game where bookmakers wouldn’t even give odds on a US win.

The basketball tournament has been relatively tame in Paris, and the biggest wins have been made by punters who wagered large sums on the favorites. Germany and France have exceeded expectations, and they will face the Americans in the end. The stage is set for a potentially huge upset, and punters should consider the odds on Germany, as they have the skills and discipline needed to prevail.

Swedish Punters Bask in Truls Möregardh's Table Tennis Success

There is no team at the Paris Olympics as dominant as China’s table tennis squad. The best players in the world are competing for them, including the world number one Wang Chuqin. He was credited with the first chance and tiny odds of 1/20 when he took on the Swedish star and European champion. Few were bold enough as to bet on Truls Möregårdh, but those who did were lavishly rewarded.

Bookmakers posted odds of 7/1 for the European to win, and given his form and quality, many people took the chance. Even a small size bet would produce a sizable win, but those who trusted Truls with larger amounts were truly happy with their decision. This also marked the first time since the Athens Olympics that China didn’t win both the gold and silver medals in the men’s single table tennis.