2020 Women’s Softball Olympics Betting Odds and Preview

By: kuda

Posted: May 6, 2021

Updated: May 6, 2021

Olympics softball is given the green light to go ahead in Tokyo
The USA are the current title frontrunners
Hosts Japan are second-favorites to win gold

Image source - LauraHale, CC BY-SA 3.0, via Wikimedia Commons

After a long hiatus, Olympics softball is back and Japan is ready to host the world’s top softball nations. For that reason, we’ve put together the 2020 women’s softball Olympics betting odds to cover the sport’s epic return. Bettors and fans can tune into the women’s softball tournament at the Tokyo Summer Olympics from 21 to 27 July. This time, the USA have the best 2020 women’s softball Olympics betting odds to win gold in Tokyo. Let’s see how their odds of winning stand against the other competitors on Bovada:

Team	Odds
USA Women	-150
Japan Women	+140
Canada Women	+1200
Australia Women	+3300
Mexico Women	+4000
Italy Women	+20000

2020 women’s softball Olympics betting odds are in favour of a USA victory

Earlier in the tournament, the USA made a name for themselves as the most successful softball Olympics team. First, they won the first tournament in 1996 and went on to win the next two. After missing out on gold 2008 to hosts Japan, they are now on a mission to return to winning ways. What's more, there’s no better place to win gold than on the defending champion's home turf. At this time, they have the best chance to achieve just that and claim their fourth gold medal at the Olympics. Overall, the USA pose as a safe bet with 2020 women’s softball Olympics betting odds at -150 on Bovada.

Recent champions Japan look to capitalize on home advantage

2020 women's softball Olympics betting odds — Let's bet on softball!

In addition to the USA, Japan are another team that will also draw a lot of attention at the Summer Olympics. This time around, the 2008 champions will be looking to retain their title. Also, as hosts, Japan have the advantage of playing at home. As a result, they’ll be under pressure to impress the local fans. Presently, they have the second-best 2020 women’s softball Olympics betting odds to win gold at +140. Afterward, Canada follows with a considerable chance to win gold in Tokyo. On this occasion, Canada will be looking to record their first win in the competition and upset the defending champions at the same time. As it stands, they have odds at +1200 to achieve this on Bovada. However, if they fail to clinch gold at the Olympics, a podium finish is within their reach.

Australia likely to settle for a podium finish

Since 1997, Australia has been one of the most consistent teams after recording four podium finishes in a row. All in all, they have one silver medal and three bronze medals. This time around, they are hoping to upgrade to a gold medal. However, the competition for this year’s gold medal is stiff with the USA, Japan and Canada all eyeing a win in Japan. Consequently, with 2020 women’s softball Olympics betting odds at +3300, Australia’s best hope is a silver or bronze medal. In the meantime, Mexico will make their Olympic debut this year according to the online sportsbook news in the USA. However, it’s likely that won’t make a good first impression in Tokyo. This is because Mexico's national team has low odds to win on Bovada at +4000.

The 2020 women’s softball Olympics betting odds don’t foresee a win for Italy

Lastly, Italy’s national are another team itching to their hands on this year’s gold medal at the Tokyo Summer Olympics. As it stands, they’re likely to record another poor performance at the Olympics. Previously, Italy recorded a fifth-place finish in 2000 and finished eighth at the 2004 Games. Now, they’ll are looking to make some major improvements by winning their first gold medal. However, it’s likely that Italy will altogether miss out on a podium finish. Furthermore, their odds of winning on the online sportsbooks in the USA signal bottom place finish. All in all, Italy pose as a risky bet with 2020 women’s softball Olympics betting odds at +20000 on Bovada. Be sure to read about Bovada, the bookmaker to bet on softball at the 2020 Summer Olympics.