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The 2012 Summer Olympics in London are going to be a huge event worldwide come July. In the United States, this event transcends sports as evidenced by the complete lack of interest in the Men’s 100m Breaststroke until Michael Phelps is out there doing his thing on the World’s stage. And, because the Summer Olympics are only held once every four years (the next Summer games are in 2016), you do not want to miss your chance to take advantage of all the different 2012 Summer Olympics betting odds that online sportsbooks are sure to offer. Because this is a once in every four years event, you may not know how to bet on the 2012 Summer Olympics. Stick with us and we’ll show you some of the more common ways to wager on the 2012 Summer Olympics and eventually we’ll have the odds posted on this page as they become available.
2012 Summer Olympics Betting Odds – Medal Counts
In the months leading up to the 2012 Summer Olympics, there are only a few types of betting odds available. In most cases, sportsbooks are only offering odds on medal counts. Basically, medal count betting odds consist of propositions and futures. On the prop side, bets such as ‘United States Over/Under Gold Medal Count’ are available. On the futures side, bets like ‘Country To Win The Most Gold Medals’ is up for wagering. There are no shortage of ways to bet on medal counts and here are a few for reference:
2012 Summer Olympics Betting Odds – Odds To Win (Event)
Once the Summer Olympic Games start in July 2012, this is going the most common form of wagering. Unfortunately, there are not many odds out currently, however we can still talk about what these odds are and how you win your bet. 2012 Summer Olympics odds makers will hash out betting odds for each of the individual events and offer betting options for gold, silver, and bronze medals for individual competitors in specific events. This is a lot like horse racing but without all the crazy Trifecta, Superfectas, hooey phooey that most do not understand. With these odds, you can stick to simply choosing an athlete to win gold, but you can also take it a step further and try to name the athlete that will finish behind him/her when the event has concluded. In most cases though, only the odds to win will be offered. Below we have a list of events to be held in the 2012 Summer Olympics with their start and conclusion dates. You can expect 2012 Olympics betting odds to be offered on all of these events in the days leading up the start.
2012 Summer Olympic Sports & Medal Events
2012 Summer Olympics Betting Odds – Props
Betting props aren’t normally something one would think about when it comes to the Olympics but they are out there. We’ve seen several examples of athlete props that are worth noting. For one, Bet365 (our leading U.K. sportsbook) has Olympic prop bets for which host country athlete will be carrying the Great Britain flag in the opening ceremony and a separate bet for the athlete carrying the flag in the closing ceremony. Below are a few examples of some Olympic props bets. Once these odds become more widely available, we’ll point out a few specifically and tell you where to find them.
Where Is The Best Place To Bet On The 2012 Summer Olympics?
There are two answers to this question depending on where you live…
If you’re from the United States, there is no better place to bet on the 2012 Summer games than Bovada’s online sportsbook. As far as Olympics betting sites go, Bovada is the only site that Americans will need to wager on the games. Bovada loves the Olympics and does a great job of offering current betting lines on all of the betting types we described above. You really need a sportsbook on their game when betting on the 2012 Summer Olympics for no other reason than London time is at a minimum of 5 hours ahead of the time in the U.S. and that is just in the Eastern time zone, 8 hours for Pacific. This means events taking place in the morning or early afternoon in London are going to live early in the morning in the U.S. Only savvy sports bettors using quality sportsbooks are going to be prepared for this but at least now you know. Bovada is currently offering a 20% match bonus good to $100 though they are bound to have more special promotions as the 2012 Summer Olympics near. Bet on the 2012 Olympics at Bovada
If you reside outside of the U.S., particularly in Europe and especially in the U.K. you are going to want to use Bet365 for all you Olympics betting. Bet365 really goes outside the box when coming up with Olympic bets. Even now, in March, Bet365 has Olympic props that no one else has right now… just think about what it’s going to be like come July. Also, Bet365 is one of only a handful of sportsbooks to offer 2012 Summer Olympic betting odds that aren’t medal counts. In fact, you can bet on the winners of a few select events months before the event is even supposed to take place. That is wild but Bet365 is willing to do it for their punters. European punters have never had much issue depositing into online gambling sites like Bet365 so you can pretty much take your pick on how to do it. When you sign up for a new account and make a deposit for the first time, new punters are eligible for a 100% to 200 units of currency (Euros, GBP, etc..). Get signed up at Bet365 and be prepared for betting on the Summer Olympics long before the opening ceremony. Bet on the 2012 Olympics at Bet365 (No USA)