2021 Tokyo Olympic Betting Odds Guide

The Olympics are the most prestigious of all sporting events. After being delayed for a year owing to the global COVID-19 outbreak, the 2020 Summer Olympics are ultimately taking place in Tokyo, Japan. A total of 11,324 competitors from over 200 countries will compete in 46 sports across different disciplines and events in an attempt to win gold. This guide will show you how to obtain the best Olympic betting odds.

The official opening and closing ceremonies of the 2020 Olympics will take place on July 23, 2021, and August 8, 2021, respectively. These two weeks are sure to thrill, captivate, and surprise spectators, making them an excellent time to try your hand at Olympic betting.

We’ll tell you all you need to know about the Olympics odds and which bets you should avoid when placing your bets.

Postponement OF TOKYO OLYMPICS due to COVID-19

The 2020 Summer Games were initially scheduled to take place from July 24 to August 9, 2020, but because of the spreading COVID-19 pandemic, the event was postponed by a year. While the hazards of affecting the health of thousands of athletes from across the world were being considered, Japanese officials argued that the event could not be postponed beyond 2021.

The Tokyo Olympics will be held in front of mostly empty sporting arenas with very few spectators. This means that tens of millions of people will watch and follow the Games on television and via internet-connected devices. This means that more people will be able to become bettors and place a wager after reviewing the Tokyo Olympic Games odds right here.

Now that the event is set to start, it’s time to look at the odds for the 2020 Tokyo Olympic Games.

BEST Bets for 2020 Tokyo Summer Games

Let’s look at the finest bets at the commencement of the sporting festival and then go on to the Olympic betting odds to help you place the best wager. The finest 2020 Tokyo Summer Games odds may be found right here.

Olympic Betting Odds for Winning Most Medals

Country Odds 
USA 1.083
China 7.50
Russian Olympic Committee (ROC) 41.00
Great Britain 67.00
Japan 67.00
Netherlands 201.00
Australia 251.00
France 251.00
Germany 301.00
Italy 501.00
South Korea 501.00
Spain 1001.00

Olympic Betting Odds for winning Most Gold Medals

Country Odds 
USA 1.10
China 7.00
Japan 21.00
Russian Olympic Committee (ROC) 51.00
Great Britain 67.00
Netherlands 201.00
Australia 251.00
Germany 251.00
France 301.00
Italy 501.00
South Korea 501.00

Which country has the best 2020 Tokyo Olympic Games Odds TO WIN MOST MEDALS?

The United States is clearly the favorite to win both of the above bets. There’s a reason why the United States is always the favorite in Olympic betting odds and has been for decades. In fact, they have won more gold medals than any other country in the last five Summer Olympics.

It’s no surprise that the United States has the best odds, making them the safest option for your 2020 Tokyo Olympics betting pool. Although not the most beneficial option for individuals who enjoy taking chances when betting on the Olympics online.

How to Bet


The only time the United States did not win the most medals in the last six Olympic editions was in 2008, when the Beijing Games were hosted by China. Despite the fact that the United States won the most medals (112) at the 2008 Olympics, China won a handful more gold medals (48) in the end.

Tokyo Olympic Betting Odds for Men’s hockey 

Country Odds 
Australia 3.50
Belgium 4.33
Germany 5.50
Netherlands 6.00
India 11.00
Great Britain 13.00
Argentina 17.00
New Zealand 26.00
Spain 34.00
Canada 51.00
Japan 51.00
South Africa 67.00

The Australians have the strongest odds to win the gold medal in men’s hockey, despite finishing sixth in the last Olympics in Rio. They have put the disappointment of 2016 behind them with recent good form, which includes winning the 2019 FIH Pro League.

India, despite not being the oddsmakers’ favourite, has a good chance of doing well this time because they have a well-balanced team. PR Sreejesh, a goalkeeper with over 230 international caps, is one of the top goalkeepers in the world in the last decade.

Which country will win the gold medal in 2020 Tokyo Olympics for Men’s Hockey

While the Australians are the best option, Belgium, Germany, and the Netherlands have the potential to upset the Aussies on any given day, making them smart bets in men’s hockey betting at the Olympics.

Olympic Betting Odds for Women’s Badminton 

Player (Country) Odds 
Chen Yu Fei (China) 3.00
Tai Tzu-ying (Taiwan) 3.00
Nozomi Okuhara (Japan) 5.50
An Se-young (South Korea) 11.00
PV Sindhu (India) 11.00
Akane Yamaguchi (Japan) 12.00
Ratchanok Intanon (Thailand) 14.00
He Bingjiao (China) 14.00
Kim Gaeun (South Korea) 34.00
Busanan Ongbumrungpan (Thailand) 41.00
Michell Li (Canada) 51.00
Beiwen Zhang (USA) 51.00
Mia Blichfeldt (Denmark) 51.00
Kristy Gilmour (Scotland) 51.00
Yeo Jia Min (Singapore) 51.00

Chen Yu Fei, a 23-year-old Chinese badminton player, may be the sport’s future star. She was only unseated from the top spot in the world last year. She’s a rising star on the junior circuit, having won championships after championships in Asian and international competitions.

Tai Tzu-ying of Taiwan, on the other hand, is the current World No. 1 and the 2018 Asian Games gold champion. The top two seeds in the women’s singles draw will be closely monitored.

PV Sindhu, India’s badminton poster girl and 2016 Rio Games silver medallist, will be the player to watch for when it comes to Indian fans. Sindhu will have to step up her game if she wants to be a realistic medal contender this time around, and she has the potential to be a formidable competitor in the knockout stages.


Aside from the top two favourites and Sindhu, Japan’s Nozomi Okuhara and Akane Yamaguchi have a chance to shine because they have home advantage. Overall, the top half of the women’s singles badminton prospects for the 2020 Tokyo Games is a very competitive field, so bet wisely.

Best Betting Sites for Olympics 2020

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