Gymnastics captivates audiences worldwide, consistently ranking as a top attraction during the Summer Olympics. The 2024 Paris Games are no exception, drawing immense attention to the various gymnastics events and fueling significant betting interest. In select US markets, sportsbooks are offering odds and pools for Olympic gymnastics, allowing fans to engage further with the competition.
Women’s Gymnastics: Team USA Takes the Stage
The US women’s gymnastics team is set, featuring a star-studded lineup of Simone Biles, Suni Lee, Jordan Chiles, Jade Carey, and Hezly Rivera. Leading the charge is Simone Biles, a seven-time Olympic medalist returning for her third Summer Games. Biles’ dominance in the sport has earned her the title of the greatest gymnast of her generation, making her a favorite among bettors.
Men’s Gymnastics: The US Team Aims for Gold
The US men’s gymnastics team heading to Paris consists of Asher Hong, Paul Juda, Brody Malone, Stephen Nedoroscik, and Frederick Richard. Khoi Young and Shane Wiskus will serve as traveling replacement gymnasts. While not as dominant as the women’s team, the men’s team boasts talented athletes capable of challenging for medals.
How to Bet on the Olympics: A Beginner’s Guide
Moneyline Bets: The simplest way to bet on the Olympics is through moneyline bets. You choose a country or athlete to win an event or gold medal. For example, Simone Biles might be favored at -250 odds to win gold, meaning a $20 bet would yield an $8 profit if she wins.
Plus-Money Bets: Some bettors prefer “plus-money” bets due to their higher potential payouts. For instance, Jordan Chiles might be at +300 odds, meaning a $20 bet would result in a $60 profit if she wins.
Other Betting Options: In addition to moneyline bets, you can also bet on individual medal counts or the total medal count for a specific country. These options offer a wider range of betting opportunities for those looking to explore different strategies.
Sportsbook Pools: Sportsbooks like DraftKings offer pools where you can predict the outcome of select gymnastics events for a chance to win thousands of dollars. Stay tuned for the latest pools and odds from the top US sportsbooks.
