Guides

7 Tips On How To Win Money Gambling On The Olympic Games

Learning how to win money gambling on the Olympic Games isn’t hard if you avoid the pit falls so we have 7 tips for you.

How To Win Money Gambling On The Olympic Games

Next summer is approaching faster than you think and if you want to know how to win money gambling on the Olympic Games now is the time to start. The bookies like Bet365, one of the biggest and best online sportsbook sites in the UK these days, are already offering selective odds on some of the major headline-grabbing events, but closer to the time there will a lot more options available and we’ve seven tips so you know which ones will win gold and which won’t.

1. Pick A Sport

Whilst one may adopt a scattergun approach to discovering how to win money gambling on the Olympic Games this is no recommended. It may appear such a lengthy event has plenty of room for a speculative flutter but in reality many of the competitors aren’t worth even considering, let alone backing. It is much better to choose a single sport and focus upon it, looking for the margins in heats, semis and finals, and allows you to do far more research before laying out cash.

2. Pick A Discipline

How To Win Money Gambling On The Olympic Games
You can’t choose Tandem Bicycle Sprint as your Olympic sports anymore. But there are plenty to choose from. (Image source: Bilby [CC BY-SA 3.0], via Wikimedia Commons)
Even within some sports there are various disciplines and if you want to know how to win money gambling on the Olympic Games the first rule you should learn is not confusing them. Athletics covers a broad swathe of the games, as does Swimming, do not, therefore, fall into the pitfall of believing there is another Michael Phelps upon whom you can bet the farm. Be sure you’re wagering on the right event before you take advantage of UK gambling laws and stump up.

3. Do Your Research

This is actually easier than it appears and a vital step on the road to learning how to win money gambling on the Olympic Games. No competitor arrives at the games without having first been in several events first and a comparative study of the results from other tournaments, meetings and events will be essential. Remember to pay close attention to junior level events too, many of the big stars made themselves very obvious at an early age and very rarely disappoint themselves.

4. Check The Local Press

When you have finished checking their sporting credentials do be sure to check the local press from their home town. With little else to discuss a Olympian in their midst makes for good copy and you can find out much about them, with stories of their lamentable recent accident perhaps giving you cause for pause. Those who like to bet on sports in the UK will know that sort of news can be very handy when trying to find how to win money gambling on the Olympic Games.

5. Politics May Play A Part

How To Win Money Gambling On The Olympic Games
Image source: (Master Sgt. Lono Kollars)

Seeking how to win money gambling on the Olympic Games is a fraught process compared to other sports given just how high profile it is. Spats between nations can play out in the stadium, and there is always a possibility that we’ll see a repeat of the boycotts that ruined the games in the 1980s. Be wary of backing competitors from controversial nations too far ahead of time, sure, the prices on offer at Bet365 will be great, but that’s because they might not get to Tokyo at all.

6. Pay Attention To The Weather

Some competitors do better in poor conditions and those could just crop up. Japan was struck by Typhoon Hagibis during the Rugby World Cup completely destroying Scotland’s chances in the competition, and who is to say that similar weather will not occur next summer too? Watching your selected wagers blow away on the wind isn’t at all pleasant so be sure to just check before hitting Bet365, one of the best online betting sites in the UK today, to wager on outdoor events

7. Gold Medal Tallies And The Table

Often people will be tempted to display a little nationalism and in seeking to learn how to win money gambling on the Olympic Games will place wagers on both competitors from their own country and also upon how many medals their nation will win. This is to be avoided. The medal table odds won’t be all that great, they never are, and you’ll do far better to pick far more focused and less popular sports or events to wager upon. You’ll get better prices and more attractive bets.

Discuss 7 Tips On How To Win Money Gambling On The Olympic Games | User Rating