- The 2021 Summer Olympic Games in Tokyo will have a number of prop bets among other wagers seen for gamblers to get action on.
- As the events get closer, more information will be accessible for sportsbooks to list more bets on the games.
TOKYO – The 2021 Summer Olympics are fast approaching and sportsbooks are well aware of it but how can gamblers find betting odds on the games?
Just like anything else of course. Should odds and betting lines not be front and center on a sports betting site, they’ll typically give the Olympics their own category for the duration of the competitions.
And if those two routes don’t happen to be choices for the mobile sports betting platform being used, the 2021 Olympic game wagers will likely be found under the “special bets” category. But make no mistake about it, there will be a plethora of bets to be found on the Tokyo games because after all, the summer Olympics only happen once every four years.
Betting On The Olympics
Most if not all of the regulated sports betting in the United States allow for their sportsbooks to have a stipulation within their laws to allow for Olympic wagers. They are part of the “special circumstance event” type bets open in U.S. regulated markets.
Mobile sportsbooks like BetOnline will list all of their 2021 Summer Olympic bets via “featured bets” on their platform and picking and choosing wagers would be just like any other sport on the platform.
At the present time, the games are still too far out for bookmakers to post any lines that gamblers can get in on early.
With all of the issues surrounding COVID-19, the competition itself has become a big headache as far as how it will proceed, making it more difficult to list wagers a month in advance.
“If the situation becomes very dire, we would have to hold the Games without spectators,” said Seiko Hashimoto, Tokyo 2021 President.
Moving Forward With Olympic Betting
Betting will be a huge draw for gamblers when it comes to Tokyo 2021. More prop bets than anything else will be flooding platforms. Presently, lists on some sportsbooks are incomplete as the information for the events is slow to stream in.
At the moment, 80% of all competitors and those associated with the games will be vaccinated for the events, therefore, spectators are expected to be allowed to go to the Olympics. An average of 42% of tickets have been sold but this shouldn’t be indicative of the gambling action that should take place during the tournaments.
The 2021 Tokyo Summer Olympic games begin on July 23 and go through August 8 with tons of wagers to be seen the entire time.
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Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kart…the N64 version of course.