Best Betting Apps for the Olympics

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Best Olympic Betting Apps
Betting App Bonus prosCons prosConsAction
$1,000 First Bet on Caesars
prosCons
Many medal specials offered
Live betting available
prosCons
Few sports offered long in advance
BetMGM bonus
BetMGM bonus
BetMGM
4/5
Up to $1500 Back in Bonus Bets
prosCons
Individual country medal counts
Can parlay gold medal winners
prosCons
No parlays for medal totals
No Sweat First Bet up to $1,500
+ Daily NBA No Sweat SGPs
prosCons
Offers overall medals & gold medals
Big on basketball
prosCons
Limited markets
Bet $100, Get $100
in Bonus Bets Every Day for 10 Days
prosCons
Separate medal & gold medal totals
Offers medal specials for many countries
prosCons
Limited markets
2nd Chance Bet up to $500
prosCons
Medal count bets for many countries
Deepest futures markets
prosCons
Sometimes difficult app navigation
Bet365 bonus
Bet365 bonus
Bet365
4/5
Bet $5, Get $150 or $1,000 First Bet Safety Net
prosCons
Many sports available
Odds offered well in advance
prosCons
Can only choose gold medal winners
Betway bonus
Betway bonus
Betway
4/5
First Bet Reset of up to $250
prosCons
Starts with Olympic qualifiers
Offers daily boosts
prosCons
Difficult to find all olympic sports
Get up to $100 Back on your First Bet
prosCons
Only legal site in Florida
Separate men's & women's categories
prosCons
Limited sports available
Bet $20, Get $100
prosCons
Easy to navigate between sports
Deep markets
prosCons
Only available in AZ
Bet $20, Get $100
prosCons
Gold medal count for many countries
Niche sports like surfing are offered
prosCons
Only available in NJ

Olympic Betting Apps

The Olympic Games are one, if not the greatest sporting event(s) in the world. As sports bettors, this few-week period is an absolute dream. We get to watch and bet on a plethora of events to keep us entertained. From table tennis to basketball, the Olympics have something for everyone. I can't think of a better way to show your patriotism than throwing down some bets on the USA's best athletes.

As nations from all over the globe come to compete, sports bettors are flocking to the bookies. Don't let yourself get overwhelmed with the dozens of sportsbooks coming after you during the games. If you are looking for a new or additional betting app for the Olympics, we are here to help!

Olympics Betting Apps

Four major betting apps showing Olympic betting pages

What Makes a Good Olympic Betting App?

A good betting app for the Olympics should offer a wide range of features and markets tailored to the diverse array of sports in the event. Key qualities include competitive odds, a variety of bet types, and robust live betting options to keep up with the fast-paced nature of the games. There are so many events going on at once, so you need a betting app that makes it easy on you.

User-friendly navigation, reliable performance, and quick payout processes are essential for a seamless experience. Additionally, specialized bonuses and promotions for Olympic betting can enhance the overall value.

Every betting app has its strengths and weaknesses, so we are here to help you find the one that best fits your wishes. The main things to look for in a betting app for the Olympics are:

Olympic Betting App Promos

In the competitive landscape of Olympic sports betting, apps are vying for attention by offering enticing promotions. These promotions are typically divided into two categories: welcome offers and existing customer bonuses.

Welcome offers, also known as sign-up promotions, reward new users upon registration. Common incentives include second-chance bets, deposit bonuses, and bonus bets, which can provide a strong start for your Olympic betting journey.

To maintain engagement, apps also offer promotions for existing customers, such as referral bonuses, daily boosts, specials, and rewards programs. Leveraging these offers can enhance your betting experience and increase your chances of success.

Welcome Promos for Olympic Betting Apps

Betting apps attract users with lucrative welcome bonuses, offering hundreds of dollars. Both seasoned bettors and newcomers can benefit from these competitive promotions, especially when betting on the Olympics.

Experienced bettors often engage in 'bonus hunting,' seeking the latest promotions to maximize their Olympic bets with minimal risk. Newbies can test out apps in a low-risk environment and learn the basics of Olympic betting.

The main types of sign-up promotions include:

  • Deposit Bonus: Additional funds based on your initial deposit.
  • Bonus Bet: Also called "bet and get," these provide bet credits after your first wager or deposit. These credits must be used before withdrawal.
  • Second-Chance Bet: Also known as no-sweat bets, these refund your first real-money bet in bet credits if it loses, offering a safety net for your initial Olympic wager.

Bet365 has a great welcome offer because they allow you to choose between two types of promos so you can pick which suits you best.

Bet365 welcome bonus page

Existing Customer Promos for Olympic Betting Apps

When betting on the Olympics, it's important to choose a sports betting app that offers value beyond just the initial sign-up bonuses. Look for apps that provide ongoing promotions for existing customers, ensuring a rewarding experience throughout the games.

Key promotions for existing users include:

  • Referral Bonuses: Invite friends to join the app, and you both earn bonuses when they make their first deposit. This can be a great way to share the excitement of Olympic betting.
  • Odds Boosts & Daily Specials: These enhance the payout of your bets, offering increased odds or special promotions on select wagers, including Olympic events. This can significantly boost your potential winnings.
  • Rewards Programs: While usually modest, rewards programs offer points or credits for each bet, which can be redeemed for bonus bets or merchandise. Some apps, like Fanatics Sportsbook, provide generous returns such as up to 5% back on bets, which can be used for further betting or fan gear.

Choosing an app with robust ongoing promotions ensures a more engaging and profitable Olympic betting experience.

Fanatics Sportsbook promo page
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Best Olympic Betting App Promos
Betting App BonusAction
No Sweat First Bet up to $1,500
+ Daily NBA No Sweat SGPs
$1,000 First Bet on Caesars
Bet365 bonus
Bet365 bonus
Bet365
4/5
Bet $5, Get $150 or $1,000 First Bet Safety Net
2nd Chance Bet up to $500
BetMGM bonus
BetMGM bonus
BetMGM
4/5
Up to $1500 Back in Bonus Bets
Get up to $100 Back on your First Bet
Bet $100, Get $100
in Bonus Bets Every Day for 10 Days
Up to $250 Bet Match
Over the first 5 weeks
Bet $20, Get $100
Bet $20, Get $100

Best App for Olympic Betting Promos

DraftKings Sportsbook

Best combination of welcome bonus & daily boosts / promos

Olympic Betting App Features

Betting on the Olympics offers a unique and thrilling experience, with countless events and sports to wager on. To make the most of this opportunity, it's essential to choose a betting app with the right features tailored to the Olympic Games.

Some key features to look for when betting on the Olympics are parlays, odds boosts, daily specials, live betting, and social groups. These are all features that can make or break your betting experience during the Olympics. Make sure the app you are looking at has everything you need to be happy with your Olympic betting experience.

We want to help you find the app with the characteristics important to you!

BetMGM Olympic Parlay Screen

Features

Parlays

Most bettors are familiar with a parlay at this point, but they look a bit different for the Olympics. There are a lot fewer bets that are eligible to be combined into a parlay, so it's important to look for an app that allows you to create them.

It may not be too exciting for average bettors to pick a single over / under on medal counts. BetMGM doesn't allow medal total parlays, but offers gold medal winner parlays between different events.

Odds Boosts & Specials

Odds boosts and daily specials are bets selected by the betting app for users to take advantage of. They boost payouts for the chosen sport or offer rewards such as bonus bets.

At the time of writing, the Olympics haven't yet begun so it is difficult to say what daily specials and odds boosts will be offered, but it is a sure thing that they will be. Generally, Caesars Sportsbook is great at offering multiple specials and odds boosts daily, and they do well catering towards special events.

Live Betting

With the fast-paced nature of the Olympic Games, it is crucial to have an app with an excellent live betting system in place. If your favorite event began without you knowing, odds are you'd want to get some live action on it. Events may be overlapping, so the live bets can get overwhelming. Having an app best suited for live betting will enhance your overall experience.

For any sport, Bet365 is the place to go for live betting. They stay the most up-to-date to ensure your live bets are based on accurate data.

Social Betting Groups

As is true for most things we find enjoyment in, betting is more fun when shared with friends. Social betting groups allow you to join up with friends, family, coworkers, or whoever you'd like to be able to share your bets. It makes it easy to quickly copy a bet someone else places so you can ride together, or track a friendly competition in betting against them.

DraftKings is the pioneer of social betting groups amongst the major sports betting apps. After simply inviting others who have signed up for DraftKings, you can enjoy all the benefits of a betting group.

Best App for Olympic Betting Features

BetMGM

Best app for parlays & good live betting

Olympic Betting Markets

Betting on the Olympics opens up a wide array of exciting markets, allowing fans to engage with the games on a deeper level. This variety not only makes Olympic betting thrilling but also provides the opportunity to tune in with events you wouldn't normally watch. Who knows, maybe you will find your new favorite sport!

Popular betting markets include predicting overall medal totals for countries, forecasting the gold medal counts for specific nations, and betting on individual gold medal winners in various events. Additionally, with the Olympics featuring a diverse range of sports, bettors can find opportunities across numerous disciplines, from track and field to swimming and field hockey.

BetRivers Olympic Markets

Markets

Medal Totals

Metal total bets come in a few forms. They refer to both over/under total medals per country (coming in at around 50/50 odds), and overall medal total winner for the Olympics. Some apps allow you to parlay medal totals while others do not. They also have different amounts of countries listed under this main market for Olympic Betting. BetMGM & Borgata (New Jerseys' version) offer the most countries to bet on for their medal total.

On any app, the USA is a huge favorite to come out victorious on overall medal counts. However, ClutchBet has the best odds for it, offering a significantly better payout.

Gold Medal Counts

Similar to medal totals, gold medal counts are a bet on how many gold medals a specified country will win. They are over/under bets, where you choose if you think the country will win more or less gold medals than the provided line. Medal totals include bronze and silver medals, while this market does not.

Individual Gold Medal Winners

This is the market that most people are looking for when betting on the Olympics. We are all watching for who wins the gold medal for each event. Since countries can have multiple athletes competing in each sport, you can support your country and pick an underdog at the same time.

For the fans of longshot bets out there, being able to parlay gold medal winners is a way to create a bet with huge odds. BetRivers allows parlays for gold medal winners and has the widest array of gold medal winners.

Sports Offered

When it comes to available sports to bet on for the Olympics, the more the merrier. It is easy to find the most popular sports such as Olympic basketball, but the more niche sports like surfing can be harder to find. We want to be able to bet on all of the sports possible during the Olympics so that the action doesn't stop!

BetRivers is also the best app for sports offered, with a combination of deep markets on the popular Olympic sports and less popular sports.

Best App for Olympic Betting Markets

BetRivers

Most sports offered & futures available

Top Summer Olympic Sports on Betting Apps

What sets the Olympics apart from other competitive events is the variety of sports involved. We can watch and bet on both our favorite sports and sports we hardly knew existed, which are equally entertaining. There are also men's and women's categories for each sport, giving us double the betting opportunities.

While there are often dozens of competitions within each sport (such as track & field and swimming) there are usually only betting markets available for the biggest races. Since the same bets and markets differ, it may be smart for people looking to bet on specific Olympic sports to sign up for multiple apps to get the best variety.

Some of the most popular sports to bet on for the Olympics are:

  • Basketball

USA men's basketball is consistently one of the most eye-drawing squads for team events at the Olympics. They are heavy favorites as always, coming off 4 straight gold medals. More eyes than ever are sure to be on the women's basketball side after the sport's rise in popularity over recent years. Just like the men's, the USA are heavy favorites to take home the gold. A new addition to the Olympic Games is 3x3 basketball, which will be interesting to bet on and an exciting inclusion going forward.

Team sports such as basketball and soccer allow you to bet on individual games as well as futures (gold medal winner). Some apps may even offer same game parlays for basketball as it draws closer.

  • Track & Field

Track & Field may be the first sport that people think of when it comes to the Summer Olympics. There are 48 different events for track & field at the Olympics, but most are not offered as of now. The most bet-worthy and exciting events are the 100m and 200m races. For all these events, the only betting market is gold medal winners.

  • Golf

Individual gold medal winners for men's and women's golf are the only bets offered since it's an individual sport. As the best players of the PGA, LPGA, and LIV tours are from all over the world, as Americans we are much more familiar with the athletes competing for other countries. It may be a rare opportunity to bet on our favorite non-American athletes!

  • Soccer

    This is one of the sports where the spotlight is on the women's team for the USA. They consistently outperform the men's team, but we can bet and root for both squads. Since it is a tournament rather than a single event, each match will be widely available. You can also bet on the future gold winner for good odds.

    • Tennis / Table Tennis

      While they are completely different sports, they are grouped together because the betting on them works the same. You can bet on each match/round as well as the overall gold medal winner.

      Each sport has singles, doubles, and mixed doubles where men and women team up, a unique concept to the Olympic games.

      Some less common, but still available sports to bet on are:

      • Surfing
      • Swimming
      • Handball
      • Field Hockey
      • Cycling
      • Water Polo

      There are plenty more sports to explore and bet on for the Olympics! Browse different betting apps to find any event that piques your interest and dive into the action.

      Best Betting App for Summer Olympics

      Caesars Sportsbook

      Overall best combination of odds, features, & markets

      How to Choose an Olympics Betting App

      1
      Look at What Betting Apps are Available in Your State

      The first step is to check what sports betting apps are available in your state before signing up. Of course, availability is the most important aspect. Apps not available in your state will still let you download and sign up, but not place any wagers.

      Unfortunately, some states have more options than others, but we will help you find the right one accessible to you.

      2
      Evaluate the Betting App's Promotions

      Sports betting apps often lure new users with enticing, high-value sign-up offers. Though these offers may look similar, their actual value can vary significantly.

      Choosing an app with an excellent sign-up bonus is crucial to setting yourself up for success from the beginning.

      3
      Determine What Betting Features You Want

      When betting on the Olympics, the features that are normally standard can be a bit harder to come by. For example, many betting sites don't let you parlay Olympic events.

      Find an app that has all the features you want, such as live betting, odds boosts, and more.

      4
      Browse Our Betting App Reviews

      At BettingApps.com, we've dedicated extensive time and effort to analyzing every detail of the betting apps we review. Our goal is to give you the most thorough guidance on which app to choose.

      If you have any questions about betting apps in the US, chances are we've covered them in our reviews.

      5
      Try Out a Sports Betting App Yourself!

      Nothing will help you form an opinion better than first-hand experience. Once you gather the information you need from us, download an app from our links and give it a try!

      Olympic Betting FAQs

      Is betting on the Olympics Legal?

      Yes, betting on the Olympics is completely legal. Ensure you are betting with a legit regulated betting app rather than offshore betting sites to guarantee safety.

      Where can I bet on the Olympics?

      You can bet on the Olympics with any legal betting app we have listed.

      Can I make parlays for the Olympics?

      Yes, certain betting apps such as BetMGM & BetRivers will let you combine medal winners into a parlay for bigger odds.

      What Olympic sports can you bet on?

      The offerings of Olympic sports to bet on vary by betting app, but common ones to find are basketball, golf, track & field, swimming, soccer, and much more.

      What states allow betting on the Olympics?

      Any state with legal sports betting allows you to bet on the Olympics. These states are:

      • Arizona
      • Arkansas
      • Colorado
      • Connecticut
      • Delaware
      • Florida
      • Illinois
      • Indiana
      • Iowa
      • Kentucky
      • Kansas
      • Louisiana
      • Maine
      • Maryland
      • Massachusetts
      • Michigan
      • Mississippi
      • Montana
      • Nebraska
      • Nevada
      • New Hampshire
      • New Jersey
      • New Mexico
      • New York
      • North Carolina
      • North Dakota
      • Ohio
      • Oregon
      • Pennsylvania
      • Rhode Island
      • South Dakota
      • Tennessee
      • Vermont
      • Virginia
      • Washington
      • West Virginia
      • Wisconsin
      • Wyoming
      What kinds of bets can I make on the Olympics?

      Common forms of bets on the Olympics are total medal count winner, over/under medals for each country, individual gold medal winners, and gold medal count by country.

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