Olympic Betting

Olympic Betting

Bet on Olympic Games at Bodog

The Olympic Games are considered the biggest sporting event in the world. Thousands of athletes from 200+ countries take part in the tournament, which leads to a massive viewer base globally.

The vast viewership and participation of the Olympics means an increased interest in betting on the event. Due to the high demand, Bodog assists its players to explore a wide range of lucrative online betting opportunities for the tournament. To enjoy an excellent online betting experience sign up on Bodog by clicking below.

How to Bet on the Olympic Games Online on Bodog?

Listed below is a step-by-step process on how to bet on the Olympic Games online on Bodog.

  • Finding the ‘Sports’ Category - Click on the ‘Sports’ tab in the top navigation bar of the website.
  • Selecting the Games - Find the ‘Olympic Games’ option within the ‘All Sports’ option.
  • Pick and Choose games - Take your pick from various matches and other betting opportunities.
  • Location of live bets - Once bets are placed, they are visible on the ‘Open Bets’ tab.
  • Money withdrawal - If you win the bet, your winnings are transferred to your Bodog account after the outcome is declared. You can initiate a payout instantaneously through multiple payment methods with a four-digit pin for your Bodog account.

Why is Bodog a Great Site for Betting on the Olympic Games?

Bodog features a vast selection of betting opportunities when it comes to the Olympic Games. The dynamic interface helps to enhance the gaming experience for players, new and old. If you’re new to the game, the platform even offers a ‘practice play’ option to explore the gameplay even without logging in. The affiliate and referral programs provide a great way to earn extra credits to use in various matches.

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Olympic Games - Betting Tips to Remember

Here are a few tips to remember when betting on the Olympic Games

1. Maintain a dedicated bankroll - There are a number of events to place bets on during the Olympic Games. Considering their popularity and lucrative odds, there might be a temptation to bet big on the games, but it’s always recommended to maintain a fixed bankroll for every betting activity. This discipline helps bring in a structure to the strategies and increase the probability of winning bets.

2. Spread out the bets – It’s wise to invest in multiple sports during the Olympic Games as it helps maximize the scope of winning good payouts. It’s beneficial to bet on the sports that you like and are familiar with, as prior insights might help in developing unique strategies.

3. Keep track of past performances - Data on athletes is the key to developing a great betting strategy. Recent health and performance records can provide great insights into how their future appearances on the field could pan out.

History of the Olympic Games

The tournament took inspiration from the prehistoric Olympic Games that were held in Ancient Greece. French historian, Baron Pierre de Coubertin, was inspired by the tournament’s idea and formed the International Olympic Committee (IOC) in 1894. The international committees’ joint efforts to establish the first Olympic Games at Athens in 1896.

Since then, the Olympic Games have been held every four years, hosted by different cities decided by the IOC. During 1916, 1940, and 1944 the event did not take place due to the ongoing World Wars. The tournament was further diversified to create other events such as:

  1. Winter Olympic Games - snow and ice sporting events
  2. Paralympic Games - for athletes with a physical disability
  3. Youth Olympic Games - for athletes between the ages of 14-18
  4. Continental games - Pan American, African, Asian, European, and Pacific events
  5. World Games - for sports that do not feature in the Olympic Games such as squash, billiards, water skiing, etc.

Fun Trivia about the Olympic Games

Listed below are some interesting trivia about the Olympic Games -

  • At least one color from the five-ringed Olympic symbol features in every national flag. Baron Pierre de Coubertin, the founder of the modern Olympic Games, specifically chose the colors ‘blue, green, yellow, black, and red’ for this reason.
  • Greek gymnast Dimitrios Loundras is the youngest Olympian. He earned a bronze medal in the team parallel bars event at the 1896 Athens Olympic Games.

List of Sports That Feature in the Olympic Games

Here is the list of games that players participate in at the Olympic Games:

  1. Basketball
  2. Rugby
  3. Soccer
  4. Tennis
  5. Volleyball

Olympic Games - Betting Glossary

Below are a few key terms to remember when betting on the Olympic Games:

  • Betting Unit - an amount set aside for a bet.
  • Chalk - a team or individual favoured to win the match.
  • Opening Line - the first point spread offered for a game by the platform.
  • Closing Line - the point spread right before a game begins.
  • Early Cash Out - settling or backing out from a bet for a certain amount before the game ends.
  • Square - a casual bettor who places wagers for fun.

Online Olympic Betting

Olympic Games Betting - Frequently Asked Questions

1. What new sports are in the 2020 Olympics?

Karate, skateboarding, surfing and sport climbing events are expected to be held as a new addition to the 2020 Tokyo Olympics.

2. Where will the Olympic Games be held in 2024?

The 2024 Summer Olympics, also known as XXXIII Olympiad, should take place between July 26 and August 11 in Paris. Paris and London are the only cities that have hosted the Olympics three times. Paris has previously hosted the Olympics in 1900 and 1924.

Check out Betting and Gambling Activities on Bodog

Apart from the Olympic Games, Bodog provides online betting and gambling opportunities in many other high-profile games and events. Are you a fan of the Indian Premier League or do you prefer a game from the UEFA Champions League? Whatever your interests are, you’re sure to find something exciting here on Bodog.

The popular categories on Bodog include -

Bodog provides all the perks and services you expect from a betting site in India. Go ahead and sign up now to begin a fantastic online betting and gambling journey with Bodog.

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