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2024 Paris Olympics live betting: Unleash edge on real-time predictions

Excitement is building as the 2024 Paris Olympics approach! From July 26 to August 11, the world will witness elite athletic talent from nations competing for gold medals across various sports. 

As the competition kicks off, you can bet on a wide range of sports and their respective events as they take place with in-play Olympics betting. Stake your crypto on live odds that update as the event progresses and prepare to finalise your wagers before the markets close.

Learn more about the thrill of Olympic live betting with this comprehensive guide.

What you need to know about Paris 2024

Over 10,500 athletes will participate in the Olympic Games 2024. Paris will host the Summer Olympics this season, with games taking place in 17 cities across Metropolitan France. The event will feature 32 Olympic sports, and qualified nations will compete against one another, vying for the highly sought-after podium positions, especially the gold medals. With numerous events to follow, it’s the perfect time to prepare your bets for highly favourable live betting options. 

Top sports for live betting in the 2024 Olympics

There are many sports events to choose from when you bet on the Olympics! To help you choose, here are some of the most popular Olympic sports to place bets on:

  • Soccer: One of the most popular team sports in the world, featuring up-and-coming players. When placing your live Olympic games bet, consider the current score, the remaining time, which team currently possesses the ball, and any ongoing performance trend.

  • Basketball: The Olympics 2024 is set to deliver intense basketball matches with Team USA as the dominant favourite. Some key factors to watch when placing your live bets are momentum shifts, hot/cold streaks, turnovers, and the game’s overall pace.

  • Athletics: Explore various events under this category like track and field events, road running, and race walking. When live betting, consider the current standings of the athletes, lane assignments, and weather conditions.

  • Swimming: Swimming requires athletes to be in their best condition. Look into the swimmers’ fatigue levels, current standings, and time gaps. You may also factor in the weather if the match is played outdoors.

  • Volleyball: The fast-paced action makes volleyball a live Olympics Games betting favourite. Monitor set score, serving rotations and matchups, and lineup changes for smart live bets. You may also reflect on crowd energy which can influence a team’s performance and momentum.

Paris Olympics live odds formats at Sportsbet.io

Before you bet on Olympics 2024 with Bitcoin (BTC) or Tether (USDT), monitor the dynamic odds of live Olympics betting. Odds represent the likelihood of specific outcomes during the Games and indicate your potential payout. 

Live Olympic odds are often displayed in various formats on Sportsbet.io. Expect ever-changing odds as well with live betting. Since the outcomes depend on real-time updates of the game, you will notice these values to change:

  • American: Also known as the moneyline odds, these use positive and negative numbers to show either the amount you need to bet or the potential payout for a bet.

Positive odds (e.g., +700 or +175) represent the underdog in a match. The number indicates the amount you can win for every 100 USDT bet. For example, a +700 odds on Portugal at Olympics soccer means a 100 USDT bet would yield 700 USDT in winnings.

On the other hand, negative odds, such as -500 or -250, represent the favourite in a match. The number indicates the amount you need to bet to win 100 USDT. For example, a -500 odds requires a 500 USDT wager to win 100 USDT.

  • Decimal: Displayed as a decimal number, decimal odds represent the total payout for a winning bet, including the initial stake and profit.

For example, if the decimal odds for Noah Lyles of Team USA in the Olympic athletics are 3.75, every 1 USDT you bet would result in a total payout of 3.75 USDT if your bet wins. 

So, if you bet 100 USDT at odds of 3.75, your total payout would be 375 USDT payout, including your original 100 USDT bet, plus the 275 USDT in profit.

  • Hong Kong: Hong Kong odds are displayed using decimal numbers. Odds below 1.00, indicate the team or player is the favourite to win. Conversely, odds higher than 1.00 means the team or player is the underdog. 

To calculate the potential payout, add 1 to the decimal odds and multiply that by your initial bet amount. For example, if the odds for Team Canada swimmer Summer McIntosh are 1.62, that means she is the underdog. 

So if you bet 100 USDT on McIntosh at 1.62 Hong Kong odds, your total payout if she wins would be 262 USDT, which includes your original 100 USDT bet plus 162 USDT in profit. 

Paris Olympics live betting markets

Live betting on the Olympics offers diverse bet options, extending beyond traditional picks. Therefore, there are a lot of good prospects to capitalise on. Here’s an overview of some of the most common bet markets available:

  • Winner: Bet on the player or the team you believe will win the match.

  • Total: Place a bet on whether you think the total score of players or teams will be higher or lower than the set line provided by the bookmaker. 

  • Handicap: This market levels the playing field, the bookmaker will set a virtual advantage or disadvantage to a team. Bet whether you think the team can exceed or meet the given handicap.

  • 1x2: Similar to a winning bet, applicable to Olympic betting games with two competing teams, choose Team A wins, Team B wins, or the game will end in a draw.

  • Double Chance: This bet allows you to wager on two out of three possible outcomes. The options may include the following:

    • Team A wins or the game ends in a draw.

    • Team A or Team B wins.

    • Team B wins or the game ends in a draw.

Every Olympic sport offers unique betting options designed to its dynamics. So, you can expect different markets depending on the sport or event.

Factors to consider with Olympics in-play betting

Maximise your winning chances by employing effective techniques to make informed Olympic predictions. Here are some of the most crucial factors that can help you make smarter Olympic sports betting decisions:

  • Monitor how live odds are shifting: Unlike pre-game bets where the odds don't change, live odds are dynamic and can change based on momentum shifts in the game. Keep a close eye on the odds and capitalise on favourable changes that could benefit you, or wait for the best time to wager.

  • Use real-time live data and statistics: Access real-time data and statistics are available to help you gauge the current momentum and assess which side has the upper hand. This information helps in predicting the likelihood of an outcome accurately.

  • Consider weather conditions: For outdoor sports like badminton and surfing, weather conditions are one of the crucial factors to consider for Olympic betting. Changes in the weather can affect the athletes' performance, impacting the game’s momentum. This affects the live odds, which can either work in your favour or be a disadvantage.

  • Be aware of any lineup changes: There could be shifts in the team lineups or substitutions. This will help you assess the strength of a team in real time. For instance, if a key player suffers an injury and needs to be substituted, you would know this will likely impact the team's performance negatively.

  • Follow the team/player performance: Monitor the teams’ or players’ performance during the game. You can see which side is becoming dominant, or if any signs of injuries or fatigue could impact the outcome and the bookmaker Olympic odds.

Place your Paris 2024 live bets at Sportsbet.io

For a swift and seamless in-play Olympics betting, Sportsbet.io is an excellent bookmaker Olympics choice! We offer an extensive range of live betting markets, as well as competitive Olympic betting odds that translate to bigger potential payouts. 

With in-play betting, remember to finalise your bets by clicking ‘Place bet’ on your bet slip before the game ends. By staking on your predictions in real-time, you’ll enjoy watching the 2024 Paris Olympics even more.

Not only is Sportsbet.io a popular Japan Olympic bookmaker option, our site is also a top platform for other regions. Elevate your live betting experience with our exciting features and offers:

  • Price Boost: Capitalise on enhanced betting odds Olympics with Sportsbet.io’s Price Boost feature, available on selected sports and markets. You can activate this feature on your bet slip and get improved odds at no extra cost. 

  • Bet Builder: With Sportsbet.io’s Bet Builder, you can customise your bets in a single match! This feature allows you to combine various bet markets in one single bet slip with odds multiplied by one another for higher potential payouts.

  • Promotions: Before you delve into real-time betting, explore our promotions first to maximise your Olympic betting experience online. 

With wide bet options, competitive odds, and a range of special features, your sports betting Olympic games experience at Sportsbet.io will surely be top notch. Can you bet on the Olympics? A big yes with Sportsbet.io! The time to win is now so don’t miss out and get started on your betting journey.