Which country takes the medal: Bet on Olympic soccer games today

Olympics soccer stands out as one of the most watched events in the Summer Olympics, as the sport enjoys a massive global following. Both the men’s and women’s football tournaments set the stage for skilled players to showcase their talent and strategic prowess on the field.

Olympic soccer offers plenty of betting opportunities for punters. With the Olympics only happening once every four years, don’t miss your chance to place crypto wagers at Sportsbet.io! Learn how below:

Competition format

Olympic soccer, often referred to as the Olympic Football Tournament, has been a fixture of the Summer Olympics since 1896, and promises action-packed matches every season! The men’s tournament consists of 16 teams, while the women’s tournament features 12 teams that will compete for the highly sought-after gold medals.

The soccer events of the Paris 2024 Olympics for both men’s and women’s divisions will take place from July 24 July to August 10.

Men’s tournament

The teams are initially split into four groups: Groups A, B, C, and D. Each team within the group competes against the others in a round-robin format. If a team wins, they are awarded three points, if there’s a draw, they get one point, and if they lose, they get zero points.

The top two teams from each group move on to the knockout rounds. The knockout stage begins with the quarterfinals, where the team competes in single-elimination matches. The winners of the quarterfinals move on to the semifinals, and the winners of the semifinals face off in the gold medal match.

Women’s tournament

The 12 teams are initially divided into three groups of four teams, labelled Group E, F, and G. Teams of each group face off against the other in a round-robin format. Similar to the men's tournament, three points are awarded for a win, one point for a draw, and no points for a loss.

The top two teams from each group, as well as the two best third-placed teams, will advance to the knockout stage where they compete in single-elimination matches. The knockout stage begins with the quarterfinals, followed by the semifinals, and finally, the gold medal match. 

Olympic soccer bet markets 

Immerse yourself in the world of Olympic soccer betting and consider these markets when you bet on the exciting matches at Sportsbet.io:

  • 1x2: A type of winner bet where you wager on the outcome of a match. This market offers you three selections, including Team 1 to win (1), the match ending in a draw (X), or Team 2 to win (2),

  • Asian Total: Bet on whether the total number of goals scored will be higher (over) or lower (under) than the set scoreline by the bookmaker.

  • Both Teams To Score: As the name suggests, this market allows you to bet on whether both teams will score at least one goal during the match, with simple options of Yes or No.

  • Double Chance: This bet allows you to cover two out of three possible outcomes in the match, the choices include:

    • Team 1 to win or match resulting in a draw.

    • Team 1 or Team 2 to win.

    • Team 2 to win or match resulting in a draw.

  • Highest Scoring Half: Predict which half of the match will score the highest number of goals, either in the first or second half. You may also bet that both halves will have an equal number of goals to score.

  • Odd/Even: Bet on whether the total number of goals will be an odd or even number.

  • Total Corners: In this bet, predict whether the total number of corners to be awarded during the match will be over or under the specified scoreline that the bookmaker set.

Choose your preferred odds format at Sportsbet.io

Understanding the odds is one of the most important pieces of knowledge that you should have when betting, especially for the Olympic soccer games. This shows the potential of an outcome occurring in a match, as well as your potential payout upon betting on it. Odds can be displayed in various formats, including the following:

  • American: Also known as the moneyline odds, these odds are represented by positive and negative numbers. Positive odds such as +150 or +300 show the potential profit you can make out of a 100 USDT bet. On the other hand, negative odds such as -120 or -400 show the amount you would need to bet to win 100 USDT.

  • Decimal: Displayed as decimal numbers such as 1.20 or 3.00, these odds indicate the potential return you would get for a winning bet, including both your profit and your original bet. You may calculate your potential payout with this simple formula: decimal odds X bet amount = total return.

  • Hong Kong: Hong Kong odds are represented by positive and negative decimal numbers. Odds below 1 show the favourite, while odds above 1 are the underdogs of the match. To calculate the odds, just add 1 and multiply it by the wagered amount.

Best tips to maximise your Olympic soccer betting success

Unlock your full potential in Olympic soccer betting success by having the best strategies and adopting the right mindset when betting. Here are the most effective tips and strategies to keep in mind:

Look into the past records

Gain valuable insights into the teams and their strength by examining their past records. You can check their previous Olympic performances and win-loss records, or even delve into the overall team performance in their recent tournaments.

For instance, you would favour the teams of the USA, Hungary, and Great Britain, given that they have the highest number of gold medals in Summer Olympics history. This record shows their strength and their dominance in the game.

You can also take in consideration the 2020 Olympics soccer results, although remember that the event was four years ago. Check the teams’ player lineups to see their winning potential as well.

Analyse the teams’ current form

While past records offer insights, it is also important to assess the current form of the teams as well. Take a look at their recent performances and how they fared. You may also consider essential factors such as key player injury or any important changes. This approach will provide you with a better understanding of how well teams are performing as they head into the Olympics.

Most of the top players on the best national teams in Olympic soccer also play in their respective top-tier leagues. Make sure to check how they’ve been performing as the Olympic soccer games kick off.

Manage your bankroll

To fully enjoy your betting experience, make sure to manage and stay in control of your bankroll. Set a specific budget for Olympic soccer betting only and strictly stick with it. This way, you can maximise your winning chances, while also avoiding chasing losses that may lead to huge financial burdens.

Sportsbet.io: Your premier Olympics soccer betting platform

When it comes to Olympic soccer, Sportsbet.io is always up to date and delivers the latest and betting prospects. Enjoy a wide range of betting markets and competitive odds while levelling up your game with these exclusive features, including:

  • Price Boost: Sportsbet.io lets you enhance your odds for free on selected sports events! Just by clicking the price boost option available on your bet slip, you can increase your potential winnings right away.

  • Bet Sharing: Betting can now be enjoyed with friends and fellow bettors with Sportsbet.io’s Bet Sharing feature. This allows you to share your bet slip on platforms such as Telegram and WhatsApp, fostering social interaction and discussions about your bets!

  • Mobile App: Bet on the go with Sportsbet.io’s mobile app, available for Android and iOS users. Access the markets and place your bets easily whenever and wherever you are using your handheld for a fun, fast, and fair Olympic betting experience!

  • Clubhouse: Sportsbet.io offers a comprehensive platform where you can enjoy not just betting, but also getting rewarded with their Clubhouse loyalty program. Every time you place a bet on any event including the Summer Olympics, you earn loyalty points that lets you level up the tiers and enjoy more perks!

As the excitement builds for the upcoming Olympic soccer games, gear up to seize the opportunity for massive wins. Sportsbet.io is your ideal companion for the best betting experience.