Summer Olympics Betting Sites
Update:
The 2024 Olympics marks the 100th year that the Philippines has competed in the Games. That makes it a big year for the county and perhaps the ideal time to explore Olympics betting sites and get involved. Olympic games betting offers a unique opportunity to wager on a huge range of sports with world-class athletes competing for two weeks. As you read on, we’re going to share with you the best Olympic betting sites where you’ll find the best odds and markets. Our Olympic games betting guide will also help you to know the best bet types and how to place them.
List of 2024 Olympics betting sites
Found: 14 Bookmakers
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- 10+ Deposit Methods
- Active Esports markets
- Functional Mobile App
- Bet insurance promotion
Welcome bonus up to 230000 PHP
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- Extremely competitive odds
- Comprehensive Esports offering
- Jackpot games
- Innovative ‘Advancebet’ feature
1st deposit bonus +100% up to 26910 PHP with promo code PARI30
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- 100% combo boosts
- Ongoing cashback up to 12.5%
- 6.38% average margins
- 8,000+ live events per month
200% bonus up to 2,500 PHP + 500 PHP freebet
18+T&C apply, BeGambleAware.org
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- Huge variety of bonuses for sports betting
- 35 deposit methods popular in the Philippines
- Full mobile compatibility thanks to Android and iOS apps
100% bonus up to 6,000 PHP
18+T&C apply, BeGambleAware.org
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- Variety of payment methods
- 1XPH - promo code for a start
- Competitive odds
- Fast withdrawal times
Up to 5,400 PHP with promo code 1XPH
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- Competitive odds and margins
- Welcome bonuses?for sports and casino
- Live betting and lottery?sections
- Extensive coverage of sports markets
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- Low minimum deposits
- Decent odds
- Variety of payment methods
- Good betting markets
Bonus up to 7500 PHP for sport betting
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- Lucrative bonuses
- Diverse betting options
- Easy navigation
- Mobile apps
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- A wide range of bonuses, tournaments and promotions
- Fast withdrawals
- Accepts crypto for bets
- Live bets and other amazing features for punters
- A native mobile app is available
Welcome bonus up to 60 PHP
18+T&C apply, BeGambleAware.org
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- Great betting odds
- Innovative promotional material
- Dynamic mobile app
- Extensive live betting platform
100% bonus up to PHP 8,888 + PHP 88 free sign up bonus
18+T&C apply, BeGambleAware.org
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- 100% First Deposit bonus of up to 9,000 PHP
- Comfortable payment methods for the Philippines
- One of the most competitive odds on the market
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- Excellent welcome offer
- Amazing live betting platform
- Great odds
- Well-designed mobile betting
50% Freebet bonus up to €100
18+T&C apply, BeGambleAware.org
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- Sensational welcome offers on casino and sport
- Personalised betting experience with My Events
- Broad choice of payment methods
- Quick banking procedures
100% bonus up to 10,000 PHP
18+T&C apply, BeGambleAware.org
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- Excellent welcome pack
- Wide range of bet types
- Live bettingand combos
- Competitive odds
Sign up & Get Reward up to $20,000
18+T&C apply, BeGambleAware.org
Top 2024 Olympics betting sites that we recommend
Update:
Table of contents
Here you’ll find all the information you need for betting on the 2024 Summer Olympics in Paris.
- Criteria for choosing the best Olympic betting sites
- Top Olympic betting sites
- How to place bets on Olympic events
- How to sign up at a bookmaker to bet on the Olympics
- A breakdown of different types of Olympic bets
- List of Summer Olympic sports
- Tips for betting on the Olympics
- Responsible gambling
- Summer Olympics betting FAQs
Before you get started with Olympics betting, you’ll want to check out our list of the best sportsbooks. As you read on, you’ll find details of the sites that we use ourselves for Olympic sports betting. If you use these, we can guarantee a first-class experience. So, before you place a single bet, here are the sportsbooks that you need to explore:
1. Bet88
2. GGbet
3. 1Red
4. Betvisa
5. 20bet
Top Olympic betting sites
We’ve now reached the stage where we’re going to share the details of the best Olympic betting sites for punters in the Philippines. The sportsbooks that follow have all been rigorously tested and we’ve ensured that they meet our standards. Let’s take a look at the sites that you should be heading to this summer:
1. Bet88
Launched in 2020, Bet88 is a top site in the Philippines. With a license from the Philippine Amusement and Gaming Corporation, you can be sure that this bookie is one that can be trusted.
If you’re looking to bet on the Olympics, signing up as a new customer can see you rewarded with a 100% matched deposit to 8,888 PHP. This bonus is a great way to boost your bankroll for betting on Olympic sports such as tennis, football, and basketball.
Payment methods here include GrabPay, StarPay and a range of cryptocurrencies. You can deposit anywhere from 1 PHP with no upper limit. There’s no upper limit to withdrawals either and these start at 100 PHP.
We were impressed with what this operator offers, but let’s look at what our expert, Evelyn Balyton, is saying about the Bet88 site:
- Advantages
- 8,888 PHP welcome bonus
- iOS and Android App
- Attractive in-play section
- Limitations
- Limited payment methods
- Page can appear cluttered
2. GGbet
This Philippines betting site was launched back in 2016 and has a Curacao license. This means that it’s a secure destination for your Olympic betting.
New customers have the chance to claim a 125% matched deposit up to 10,000 PHP. There are also ongoing offers such as the daily place a bet and get a bet free. These bets could be very useful during the Games and we’d be tempted to place them on football as the margins are right down at 3.2%. Across the board, we found competitive Olympics betting odds.
You can make deposits and withdrawals with a range of methods. These include popular e-wallets such as Skrill and Neteller. You can deposit anywhere from 1 PHP while the minimum withdrawal is set at 100 PHP.
Let’s see what our expert, Evelyn Balyton, has to say about the GGbet site:
- Advantages
- 125% matched deposit
- 3.2% football margins
- Low 1 PHP minimum deposit
- Limitations
- No live streams
- No mobile app
3. 1Red
Launching 2023, 1Red is one of the newer Philippines sportsbooks. The good news is that it has a Curacao license and we’re happy that it’s safe and secure.
Looking at the welcome bonus here, we found that punters need to use Euros. The offer gives you a 50% match up to €100. While attractive, it’s far from being the most generous we’ve seen. The good news is that there are ongoing offers though, and these include the likes of acca boosts.
We were pleased to see active markets for archery and sailing. These Olympic events don’t always have the best coverage so 1Red could be the go-to place to wager on these.
To deposit at 1Red, you can use the likes of Visa, Skrill, and Neteller. Deposits can be between €20 and €5,000 while withdrawal limits are €30 - €5,000.
Here’s what our expert, Evelyn Balyton, thinks of the 1Red site:
- Advantages
- Archery and sailing markets
- Acca boosts
- Safe payment methods
- Limitations
- No app
- Limited currencies
4. Betvisa
Since 2017, Betvisa has been offering a top sports betting experience. With a license in place from the Curacao government, it has also shown itself as being trustworthy.
The welcome bonus here offers a 50% match up to 3,000 PHP. However, what makes this site great for Olympics betting are the great ongoing offers. There are daily reloads and even cash rebates on sports bets.
Betvisa has a range of payment methods, such as GrabPay. Help 2 Pay, and ZaloPay When it comes to deposits, the minimum is 200 PHP with no upper limit. Frustratingly, withdrawals can only be made via bank transfer. This takes 3-5 days, but there’s no upper limit, while the minimum is 500 PHP.
Let’s take a look at what our expert, Evelyn Balyton, has to say about the Betvisa site:
- Advantages
- Daily reloads
- Attractive welcome bonus
- Android and iOS app
- Limitations
- Limited withdrawal methods
- Excessive text detracts from the action
5. 20bet
20bet is a well-established bookie that is known around the world. Like all top sportsbooks, it is fully licensed, with this one coming from the Curacao government.
The welcome bonus here is 100% up to 6,000 PHP. What’s even better is the fact that there’s a weekly reload that also goes up to 6,000 PHP. This is a generous offer, and one that you can use at the dedicated Olympics betting section. Here, you can already explore markets for fencing, judo, and canoeing. We’re sure more will be added before the Games get underway.
You can use the likes of Skrill, Neosurf and crypto to deposit and withdraw. In fact, there are more than 30 payment options here. Deposits and withdrawal limits start at 10 PHP with no upper cap.
Here’s what our expert, Evelyn Balyton, is saying about the 20bet site:
- Advantages
- 6,000 PHP bonus
- Dedicated Olympics section
- No upper withdrawal limit
- Limitations
- Difficult for beginners to use
- Limited live streams
How to place bets on Olympic events
We hope that you’re now keen to jump in and start to bet on Olympic events. Before you do, it’s important that you have a grasp of the different types of bets that are available. A proper understanding of this will help you to place the best bets. It’s also important to be able to read the odds and understand what they mean. Being able to do this means that you’ll be able to see how profitable a wager could be.
Once you’re comfortable with these points, placing a bet is simple. Here’s the steps to follow:
- Head to your chosen site and make sure you have funds
- Explore the events and markets you want to bet on
- Click on your chosen selection and it will be added to your bet slip
- Enter the amount you want to wager then click to confirm
- Wait for the event to end
How to sign up at a bookmaker to bet on the Olympics
Before you can bet on the Olympics, you’re going to need an account with one of the best sportsbooks. Here’s a look at the steps you need to follow to get your account up and running:
- Use our links to head over to an Olympic betting site
- Look for a button that says something such as ‘Register’ or ‘Join’
- Once you’ve clicked on the button, fill in your name, email address and date of birth
- Look out for an email to verify your account and click the link it contains
- You can then deposit in your new sportsbook account
A breakdown of different types of Olympic bets
The Olympic Games come with a wide range of bet types to get involved with. The more of these that you understand, the more opportunities you have to place a profitable bet. Only wagering on outright winners means that you’re leaving so much on the table, and we want to change all of that and give you the best chance of boosting your wins. Let’s take a look now:
Moneyline bets
If you’re new to Olympic betting, this could be a good bet type to introduce you to it. When you place moneyline bets, you’re wagering on an athlete or a particular country winning an event. Maybe you think that the Philippines’ own John Cabang is going to win the 110m hurdles. Perhaps you think the country will come up trumps in the 4x400m. These are just examples of many bets that you could place. Just remember that betting on favourites will mean lower odds and less profit. Sometimes a wager on an outsider, though riskier, can bring bigger wins.
Spread bets
If you want to venture into spread bets, this is about looking at the margins that an event is won by, rather than just the winner. Maybe you’re looking at the likes of the USA and you think that the country will top the gold medal table. There could be a spread offered of 32-37. For your bet to come in as a win, it’s not just about the US having the most golds: they need to have more than 37.
Prop bets
An easy way to explain prop bets is as yes/no bets. Examples could be will the Philippines win more than two golds? Will the world record to broken in the men’s 100m freestyle? As you can imagine, with so many events taking place during the Games, the number of prop bets will be huge.
Future bets
This type of bet is pretty well summed up by its name. With a future bet, you’re betting on a longer-term outcome rather than the likes of a winner of a race that's taking place right now. You may want to bet on things such as the country that will take the most golds, or the country that will have the most golds in the pool. These bet types are exciting as you have to watch them build up to the overall outcome with each event potentially taking you closer to a win. The slight downside is that when looking too far ahead, there’s more chance of unexpected factors creeping in and scuppering your chances.
Parlays
Parlays are also known as combos and multiples. This is where you bet on a number of events/outcomes and combine them as one. Generally, a parlay will have to have at least three legs to it. The thing with parlays is that the winnings can be massive. The more legs you add the higher the odds and the bigger the potential payout. However, it just takes one result to go against you for your bet to fall apart.
Over/Under bets
When looking at over and under bets, you’re betting on either the number of points/goals or the time a race is won in. Your sportsbook may say that the men’s 3,000 meters will be won in 7 minutes 40 seconds. You can then bet on whether the winner will be over or under this time. In football, the betting site may say that there will be 2.5 goals in total. Again, you can bet on whether there will be more or less.
Live betting
We’re huge fans of live betting and the excitement that it brings. It allows you to look at an event that’s taking place right now and then place a bet. The advantage of this is that you're not just guessing before an event has started. You can see it unfold and base your bet on that. Imagine the favourite to take the gold in the football final showing a less-than-great display in the first 15 minutes. That could well tempt you to bet against them and secure some good odds. Talking of odds, these can change rapidly with live bets, so you’ll need to monitor these closely.
List of Summer Olympic sports
Date(s) | Event | Location | Betting Notes |
August 1, 2024 | Swimming (Women’s 200m Butterfly Final, Women’s 200m Breaststroke Final & Men’s 200m Backstroke Final | Paris La Defense Arena | N/A |
August 2, 2024 | Men’s Soccer Quarter Finals | Multiple | N/A |
August 3, 2024 | Women’s 100m Final | Stade de France | Sha’Carri Richardson favourite to win at 1.67 |
August 4, 2024 | Men’s 100m Final | Stade de France | Kishane Thompson favourite to win at 1.63 |
August 5, 2024 | Men’s & Women’s Badminton Singles Gold Medal Match | La Chappelle Arena | N/A |
August 6, 2024 | Women’s 200m Final, Men’s 1500m Final, Men’s Long Jump Final & Women’s 3000m Steeplechase Final | Stade de France | N/A |
August 7, 2024 | Men’s 40m Final & Men’s Boxing 80kg Final | Stade de France & Roland-Garros Stadium | N/A |
August 8, 2024 | Men’s 200m Final & Men’s Hockey Gold Medal Match | Stade de France & Yves-du-Manoir Stadium | Belgium favourites for hockey at 4.25 |
August 9, 2024 | Men’s Soccer Gold Medal Match | Parc des Princes | France are favourites at 3.5 |
August 10, 2024 | Men’s Basketball Gold Medal Game | Bercy Arena | USA are favourites at 1.22 |
Tips for betting on the Olympics
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Watch for injuries
The first of our Olympics betting tips is about keeping an eye on athletes and the condition that they’re in. If they get injured during training, then there’s a good chance that will impact on their performance. By staying on top of updates and news you can think more about where you’re going to place your money. You may decide that the favourite isn’t worth a wager when carrying an injury.
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Consider home advantage
When athletes are performing in front of a home ground, there’s no escaping the fact that they experience a boost. The chants of home supporters go some way to spurring them on and they’re also familiar with the tracks, pitches, and pools being used. Looking for proof of the home advantage? A look at Great Britain in 2012 shows how far this boost can go as the country had one of its most successful Games ever. Then there was Japan in 2020, taking more than 25 golds and smashing their previous displays.
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Watch the Weather
Outdoor sports can be significantly impacted by the weather. Consider extreme heat and the athletes that may relish these conditions. If the temperatures take an unseasonal dive, are there countries that are likely to perform better? Also, consider the likes of high winds. These can play havoc with sailing, and even football.
Responsible gambling
Remember, betting on the Olympics should be something that you enjoy. Betting at an unlicensed and unregulated site can quickly bring this fun to an end. When you’re at legitimate sites, you’ll find that they have a host of tools that can help you to gamble within your limits. If things do start to get out of hand, they also signpost to a range of organisations that can help.