- NFL Odds
- NCAA Football Odds
- NBA Odds
- MLB Odds
- NCAA Basketball Odds
- PGA Odds
- NASCAR Odds
- Other Odds
After failing to medal in an event final at the Olympics for the first time since a 15-year-old in 200 at the Sydney games, Michael Phelps finds himself in unfamiliar territory.
But that is exactly what happened on Sunday in London in the 400 IM, an event in which Phelps won gold in 2004 in Athens and 2008 in Beijing. Going into the race though, it was rival Ryan Lochte who was considered the favorite. Lochte had won the event in the world championships and was coming on strong. That ended up to come true, with Lochte winning the first gold medal for the United States at the London 2012 Olympics. But the surprise was that Phelps finished fourth in the race, and did not get on the medal stand.
And while Phelps confessed his frustration after the race, he also said that there is still a long way to go. Phelps has many more swims ahead of him, including the 200m Butterfly, for which he is the big gold medal favorite.
London Olympics Betting Odds available at Bovada Sportsbook has set Phelps as a 15 favorite to win gold in the 200m Butterfly, well ahead of his nearest competitors. Takeshi Matsuda of Japan is the silver medal favorite, going off at 5/1.
The heats and final for this race will take place on Monday in London.
Phelps of course still has another showdown with Lochte later in thes Olympics in the 200 IM, for which Phelps has been moved from the role of the favorite, to slightly behind Lochte. This is directly due to the result of the 400 IM, in which Lochte blew away the rest of the field.
Lochte is set at 1/2 on the betting line to win gold, while Phelps comes in at 3/2 on the betting line.
Find these betting odds and more for the 2012 Olympics available below as seen on Bovada, so be sure to check them out.