Betting on champions: A guide to the Paris 2024 Olympics

The battle of excellence kicks off in July for the much-awaited Paris 2024 Olympics! This global spectacle, officially known as the Games of the XXXIII Olympiad, highlights the incredible skills and talents of athletes from diverse sports and disciplines worldwide.

Get ready for thrilling games, and if you want to take your Paris 2024 moments to the next level, seize the abundance of betting opportunities at Sportsbet.io! Learn more about the event and place your crypto bets on this platform to elevate your experience.

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What is the Paris 2024 Olympics about?

The Olympic Games is a major global multi-sport event that occurs every four years. Athletes from various countries come together to join in a diverse range of sports. The main goal is to bring nations together and promote unity through sports. Athletes get the chance to show their skills and compete at the highest level, while also promoting cultural exchange.

Paris has been selected as the host city for the 2024 Summer Olympics, which is officially referred to as the Paris 2024 Olympics. Scheduled to take place from July 26 to August 11, 2024, this will be Paris’ third time hosting the Summer Olympics, following previous editions in 1900 and 1924.

This event is expected to bring an extra level of excitement as it introduces breaking (also known as breakdancing) as a new Olympic event. Moreover, it will be the first Olympic Games to have an equal number of male and female athletes! With these groundbreaking moments to look forward to, here's a guide on how you can engage with the Paris 2024 Olympics.

Paris 2024 Olympics Schedule

To ensure you don't miss any of the exciting events at the Paris 2024 Olympics, it’s crucial to plan and know the schedule. Having this information will help you make well-informed betting decisions and stay up-to-date with real-time action. Here are the key dates to remember for the 2024 Olympics:

Throughout the Paris 2024 Olympics, each day will feature a wide array of sports games to anticipate. Stay tuned to the events as they unfold so that you can place bets on your favourite sports and make the most of your Paris 2024 betting experience.

Getting started with betting on the Olympics

Understanding the specific betting options for each Paris 2024 Olympics sport allows you to make smarter crypto bets and find fun and valuable betting prospects. Some of the major sports at the Paris 2024 Olympics include:

Football

The football tournaments at the Paris 2024 Olympics will encompass both men’s and women’s competitions. Canada is the defending champion in the women's tournament, while Brazil won the men's tournament twice before but didn't qualify this time. When betting on the Paris 2024 Football, it's important to consider factors such as the following:

• Current form: Assess how well the teams have been performing recently in terms of their gameplay, results, and overall momentum.

• Player injuries: Check if any key players are injured for the upcoming matches, as this can impact team performance.

• Head-to-head records: Review the previous encounters between the teams to know their performance against one another and see any patterns that can give you an overview of the upcoming match.

• Team strategy: Study the tactics and playing styles of the teams, including their offensive and defensive strategies, formations, and game plans.

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Athletics

The 2024 Summer Olympics in Paris will showcase athletics with a total of 48 medal events in three main categories: track and field, road running, and racewalking. Previous gold medalists were from countries like Italy, Canada, Kenya, Norway, Uganda, and Ethiopia. If you want to bet on athletics, here are some key factors to consider:

• Recent form: Look into how athletes have been performing recently to gauge their current level of fitness and skill.

• Personal bests: Consider an athlete's personal records or best performances as this will tell you their best potential and ability.

• Weather conditions: Take into account the influence of weather conditions, such as wind, temperature, or humidity, on the athletes' performances.

• Historical records: Assess the records of athletes and events to look for any patterns that could impact their current and future performances.

Weightlifting

The weightlifting program at the Paris 2024 Olympics will consist of 10 different categories. In each weight class, there will be 120 weightlifters competing, with an equal split between men and women. China, Uzbekistan, Georgia, and Ecuador are the recent gold medalists. If you're planning to bet on weightlifters, consider the following factors:

• Weight class: Different weight classes require different strength and performance factors, so taking them into account is crucial when betting.

• Strength and power: Study the overall strength and power of the athlete. Look into their maximum lifts, technique, and consistency.

• World records or rankings: Assess the current world records or rankings in the respective categories to see the top-performing athletes and their potential to break records.

• Injury status: Stay updated on any injury reports or health issues that may affect weightlifters' performances.

Gymnastics

Gymnastics at the upcoming Paris 2024 Olympics will have three categories: artistic gymnastics, rhythmic gymnastics, and trampolining. In past Olympic Games, countries such as the United States, China, Belgium, Brazil, and Bulgaria have produced the gold medalists. If you consider betting on gymnastics, here are some factors you should keep in mind.

• Level of difficulty: Assess the difficulty of routines performed by gymnasts, as higher difficulty scores can lead to higher overall scores if done well.

• Execution scores: Pay attention to the execution scores given by judges, as these scores reflect the precision, technique, and artistry displayed in the routines.

• Judging tendencies: Know the preferences of the judges, as different judges may have varying scoring criteria or biases that can influence the final scores.

• Overall consistency: Consider gymnasts' overall consistency in performing well across different events.

Basketball

Basketball at the Paris 2024 Olympics will follow the standard 5x5 format for the preliminary matches, while the main competition will feature 3x3 matches. The United States is the defending champion and has consistently excelled in both team and player performances. Betting on basketball can be easy by looking at factors such as:

• Team form: Assess how well teams have been performing recently, and look into factors such as their win-loss record, momentum, and overall team chemistry.

• Player injuries: Factor in any major injuries or absences of key players, as it can affect the team dynamics.

• Team tactics: Assess the offensive and defensive strategies employed by teams, such as their play style, pace, ball movement, and defensive schemes.

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Swimming

Swimming events at the Paris 2024 will essentially follow the 2020 format wherein a total of 37 events, plus two 10 km open-water marathons will take place. Swimmers will compete in freestyle, backstroke, breaststroke, relays, and more. Watch out for the USA as they hold the defending championship title, followed by Germany and Great Britain. Consider the following when betting on Paris 2024 swimming:

• Track record: Look into the athletes’ performance in their previous competitions and how they managed to score wins against the opponents. See patterns of performance on the level of competition they are in and how they perform under pressure.

• Form and condition: Check if the athlete has recent records of injuries or burnout that could cause potential fatigue. See if they have any changes in their momentum, leading to the Olympics.

• Weather conditions or venue: Also take into account if the venue is outdoor or indoor. Be aware of how the weather conditions, such as temperature or humidity, could impact how the athlete will perform.

Tennis

The 2024 Olympics Tennis will feature men’s and women’s singles, as well as men’s and women’s doubles, with a total of 274 players across all games. The single matches will be played in a best-of-three format, following a standard tie-break in every set. Germany, Switzerland, and Croatia were among the defending gold medalists to watch for. Taking these factors into account will help your Paris 2024 tennis betting:

• Playing surface: Remember that players may have different styles of play depending on the playing surface. Assess how they performed on various surfaces in the past to gain an insight on what to expect in their upcoming matches.

• Player form: Study players’ recent match results before the Olympics. This will tell you more about their strengths and weaknesses. This way, you would know which players have been playing consistently and would likely dominate the Olympics.

• Fitness and injury: Be aware of any injuries that players may have or gone through as it can impact their ability to compete at their best condition.

Be familiar with the key players

The Olympic Games are a place of surprises, where anything can happen. To make successful crypto bets on the Paris 2024 Olympics, get to know the key players. Their stories and histories may unfold twists and turns that could impact the final results.

Follow potential storylines and rivalries

The Paris 2024 Olympics will have key players with interesting narratives that may affect their performance. When you know the existing storylines, you can understand the emotional dynamics that may impact how these key players perform. The Yang Chuan-kwang and Rafer Johnson story is an example of a memorable story and rivalry at the Olympics.

In the 1960 Rome Olympics, Rafer Johnson, an American athlete, fell onto Yang's shoulder when they finished a race together. Johnson won the gold medal, and Yang won the silver medal, becoming the first Chinese athlete to win an Olympic medal. Despite their rivalry, they trained together at the University of California and maintained a lifelong friendship.

Watch out for surprises

While the spotlight often shines on key players, the Olympics is also known for having underdogs and lesser-known athletes make breakthroughs. Keep an eye out for emerging talents as they can cause potential surprises and you may discover hidden value in betting markets. Elaine Thompson-Herah is the best example of this.

Before Tokyo 2020, no woman had ever won gold in both the 100m and 200m races at two consecutive Olympic Games. However, Elaine Thompson-Herah, a Jamaican sprinter, broke the Olympic record in the 100m and won with a time of 10.61 seconds and won the 200m race, falling just short of breaking the world record.

Consider the favourites

While surprises can happen, it cannot be doubted that key players are usually the favourites to win medals due to their past achievements and current form. Assessing the favourites and their chances of success is a crucial step in the betting process.

Take basketball as an example. The United States is the clear favourite in this sport, as they have a strong history of reigning and winning gold medals. Predictions suggest that the U.S. is expected to win a total of 129 medals, with 37 of them being gold medals in the Paris 2024 Olympics.

Know your odds

Once you’ve gathered all the important details about the Paris 2024 Olympics, it's crucial to understand the odds as they guide your betting decisions and potential returns. They can be shown in various formats, here's how you can easily read each:

• Decimal: Decimal odds show the total amount you would win, including your original bet, if your bet is successful. For example, if you bet 100 USDT on an outcome with decimal odds of 4.00, you would receive a total payout of 400 USDT if you win.

• American: American odds are displayed as either positive or negative numbers. Positive odds indicate the potential profit you would make from a 100 USDT bet, while negative odds indicate the amount you need to bet to win 100 USDT.

For example, if you come across odds of +600, it means that if you bet 100 USDT and win, you would earn a profit of 600 USDT. On the other hand, if you see odds of -150, it means you would need to wager 150 USDT to make a profit of 100 USDT.

• Hong Kong: Hong Kong odds are presented as positive or negative decimals typically ranging from 0 to 1. Positive odds indicate the potential profit you would make per unit stake.

For example, if you see odds of 0.75, it means you would earn a profit of 0.75 USDT for every 1 USDT you bet. Negative odds, on the other hand, show the amount you need to bet to win one unit. For instance, odds of -0.50 mean you would have to wager 0.50 USDT to win 1 USDT.

Check out the latest news

Betting on the Paris 2024 Olympics requires staying updated on various sports and events. Keep up with the latest news to know about any injuries or health problems that might affect how athletes perform.

This may also give you insights into the athletes' current form which is a big factor to consider when betting. In team sports, staying updated with the news helps you understand team dynamics, such as changes in the coaching staff, player injuries, or team chemistry.

When seeking reliable information about the competition, you can visit the official websites of the Olympics and the Paris 2024. Moreover, when it comes to betting, Sportsbet.io can provide you with the latest updates on the Paris 2024 Olympics, offering you expert insights and keeping you informed about any changes in betting odds.

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Gear up for the electrifying spectacle of the Paris 2024 Olympics, where epic games and untold triumphs await! Don't miss out on the action, join Sportsbet.io today and experience the excitement while betting on the matches. Make the most of these exciting features and be part of the adrenaline-fueled experience!

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