How to Bet on the Olympics in 2022

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Posted: February 10, 2022

Updated: February 10, 2022

  • The Olympic Games are one of the largest sporting events,
  • In online bookmakers, the volume of bets on the Olympics goes up to billions of dollars
  • We have prepared some universal tips on how to bet on the Olympics
The Olympic Games are one of the largest sporting events, the specificity of which is to unite fans of a large number of sports. In online bookmakers, the volume of bets on the Olympics goes up to billions of dollars. Therefore, once again there is no need to talk about the popularity of betting on this event. In this article, we have prepared some universal tips on how to bet on the Olympics. 

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History Of The Games

The first mention of the Olympic Games dates back to the 8th century BC. The Olympic Games were insanely popular back in Ancient Greece. Thanks to the French Baron Pierre de Coubertin, today we can enjoy this wonderful competition, which was officially restored in 1896. Today, the Olympic Games are the most prestigious and popular in the world. Indeed, the cherished desire of any athlete is, if not victory, then at least just participation in these competitions. When the world's Winter or Summer Olympic Games begin, all bookmakers are ready for an influx of new customers who want to try their luck betting on all Olympic sports. Indeed, the Olympic Games are a very big event. They take place every four years and the venue is determined by the International Olympic Committee. Holding the Olympic Games is a whole performance, which over the years becomes more colorful and interesting. During the opening, you can always see theatrical performances that end the games. The Olympics is always accompanied by the opening speech of the President of the Olympic Committee and the lighting of the Olympic flame. Today, all online sportsbooks in the USA follow every day of the Olympics.

How to Bet On The Olympics: Main Seatures

 Regardless of whether it is the winter or summer Olympics, preparation for betting on it begins with a very detailed study of the qualifying rounds. Indeed, only in the qualifying rounds will you be able to understand who is who. Like any other sports betting, betting on the Olympics has its risks.
How to Bet on the Olympics, Olympics betting
Picture Source: Pixabay
For example, in the Olympic Games, you can often meet the so-called dark horses, the capabilities of whom few people know. There are cases, and they are not rare enough when such athletes broke through to the finals and won prizes while leaving recognized leaders out of the competition. Therefore, during the Olympic Games, bookmakers offer a variety of odds for all kinds of events. The most popular Olympic sports are basketball, volleyball, handball, boxing, football, tennis, hockey, and swimming. And this is not the whole list, other sports are less popular, but you can find them in the line of events of any bookmaker. Usually, in online bookmakers, you can bet on the results of the overall medal standings, as well as on individual competitions. There are also many exclusive offers for every Olympic Games. If we talk about bets on the medal count of the Olympics, then bets are offered here on the winner, prize place, as well as on the total medals, the duel of two countries, and many other bets. In general, there are a lot of options for betting in the 22Bet Sportsbook.

Analysis and Strategies

Any analysis begins with a study of the latest results. If these are not bets on the overall medal count, then in most cases it is pointless to look at the results of the previous Olympics. Thus, you need to familiarize yourself with the performances at other tournaments that took place over the past year.
How to Bet on the Olympics
Picture Source: Wikimedia Commons
Moreover, find out about injuries, psychological state, face-to-face meetings, if any. Keep in mind that athletes always perform better at home. Since Olympic Games predictions are published online, which can help with analytics and bet finding. It is necessary to choose a strategy for the type of sport on which bets are made. There are universal options - financial strategies used to manage the game bank in betting. You can find more information in our article about how to Bet On The Winter Olympics. All bets offered by bookmakers for the Olympic Games have a standard form and represent bets on a specific event and its possible outcomes. The only difference between betting on the Olympics is the ability to bet on the medal count. This variety has more branches, and the bookmaker may offer you to bet on the largest number of gold medals, silver, and bronze. But bets of this kind are the parish of sweepstakes. They can provide an excellent opportunity to increase adrenaline, and just have a good time.

How to Bet On The Olympics: Winter Edition

The program of the Olympics includes seven sports, according to the results of the competitions in which 98 sets of medals were played. The number of athletes is a little less than three thousand people, who represent 85 countries of the world. Indeed, it is a beautiful sight that will be remembered forever.
How to Bet on the Olympics
Picture Source: Wikimedia Commons
The Olympic Games have always brought people together, making them more tolerant towards each other. However, this applies only to athletes who take part in competitions. This rule does not apply to bettors. Each player at the stakes is his own impudent. After all, his goal is to beat the bookmaker and benefit from it. When the Olympic Games begin, bookmakers can offer you a huge selection of sporting events, among which you can choose the one that suits you best. If you have chosen an individual sport for betting, be careful. It is in such sports that the dark horses mentioned above most often appear. Thus, it is useless to pay attention to previous matches and seasons in which this or that athlete took part. However, it is necessary to analyze the physical condition of the athlete at the time of the competition. This is the most reliable way to choose a favorite for yourself and place a bet on it. Often, bookmakers can offer to make long-term bets, while offering very good odds. But making long-term bets on big money, and even on competitions like biathlon, cross-country skiing, and other sports, is very dangerous. The beginning of the competition may promise you the victory of one participant. However, after several starts, everything can change dramatically, and you will lose your money. This is because these types of competitions are very unpredictable, and it is very difficult to accurately predict their outcome.

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Special Bonuses

Many bookmakers can offer you a variety of bonus programs. Of course, you have the right to choose which office to choose - with tempting bonuses or high odds. Bookmakers organize various promotions and bonus programs to attract new customers and maintain a stable customer base. However, bookmakers never give out bonuses just like that, without a good reason. All this happens purposefully, using various global events. Thus, the Olympic Games are a great opportunity to attract new customers. It must be understood that the office that distributes prizes has more chances to attract new customers. Therefore, bookmakers lure people with free bets, bonuses in the form of a refund for lost bets. Moreover, this psychological factor works perfectly. Often a player does not even read the terms of the promotion and simply registers with some bookmaker that offers him tens of bonus dollars. But over time, it turns out that getting them out is not so easy. Be careful and don't get fooled by tempting bonuses that appear just before any event. This is a special move by bookmakers who are looking for an opportunity to lure more players. On the other hand, trustworthy online sportsbooks in the USA have great promotions that can bring you more opportunities to make money.

How to Bet On The Olympics: Conclusion 

The Olympic Games have always been in the spotlight. This is a very spectacular event that attracts not only athletes, but also spectators, bettors, and bookmakers. Indeed, everyone benefits from these competitions. And you can get your benefit, not only moral but also monetary. The main thing is to analyze everything correctly and draw the right conclusions. The Olympics gives viewers and bettors an abundance of daily interesting sports battles. With the first, everything is clear - just turn on the broadcast and enjoy watching. Secondly, for a productive game on disputes, you need to carefully prepare, choose a bookmaker, decide on tactics and analyze the selected events to identify the optimal outcome. Visit the 22Bet Sportsbook and become a part of the Olympic Games right now!

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