USA Tops 2020 Olympic Betting Odds

USA Tops 2020 Olympic Betting Odds

June 24th, 2019 Olympic Games, Online Betting

To begin with the 2020 Olympic Games will be held at Tokyo with 206 nations expected to compete.  Over 11,000 athletes will compete in 339 events and 33 sports.  New National Stadium is the main venue.  Accordingly, this will be the first time since 1964 that Japan will host the Summer Olympics.  Winter Olympics were held there in 1972 and 1988.   New sports include three on three basketball and freestyle BMX.  Fashion that the United States has opened as the 2020 Olympic betting odds favorite to win the most gold medals.

Japan Prepares

At the onset of any Olympic Games is considerable pressure on the host nation.  Not to mention the massive cost of putting on the Summer Games.  Japan looks up to the task.  Consider that they had set aside $3.7 billion to get the job done.  Preparation for a host nation goes far beyond the main stadium and related venues.  As an illustration Japan is increasing airport capacity and train services.  National Stadium will be on the same grounds as the 1964 venue.  The original stadium was completely demolished for its replacement.  Capacity will increase from 50,000 to 80,000.

Top National Contenders

United States is a -2000 favorite with the 2020 Olympic betting odds to win the most gold medals.  Following is China at +800, Great Britain +2500, Russia and Germany +10000. Next are Korea Republic +25000, France and Italy at +50000.  Spain opened at +100000 with any other nation at +5000.  Overall total medals have the United States as the -10000 chalk.  China is at +1200 with Great Britain at +1600 and Russia at +2500.  Germany opened at +10000 with any other national at +3300.

Notable Dates

The 2020 Summer Olympic Games will open on July 24, 2020.  Extending for 17 days the closing ceremonies will be on August 9, 2020.  The National Anthem of Japan and the Olympic Anthem will be played.  Further, there will be a tribute to the Paralympic Games.  An artistic celebration will include a tribute to Japan’s culture and history.  “Discover Tomorrow” is the them and slogan of the 2020 Games.

Go Team USA!

Certainly, one of the most familiar chants held at any Olympic Games is “USA, USA, USA!”  This dates back to the 1980 Winter Olympics and the American hockey team’s “Miracle on Ice.”  One look at the 2016 standings shows why the Americans are the online betting favorites to win the most gold medals.  Last time out the United States won a total of 46 Gold Medals.  Next best was Great Britain with 27.  China posted 26 Gold Medals with Russia at 19 and Germany at 17.  Specifically, 2020 favorite Japan hauled in 12 Gold Medals.  Rio de Janeiro, Brazil was the 2016 host.


Cause by its popularity basketball will be a popular sport for 2020 Olympic betting odds.  Encompassing that is the United States dominance of the sport.  The 2016 United States men’s team defeated Serbia for the Gold Medal.  Spain got the Bronze medal with Australia finishing in fourth place.  Of major concern to gamblers is if there is a team that can beat the Americans.  By reason of the USA roster being loaded with NBA talent it won’t be easy.  Equally important is the American Women’s team.  Starting with 1996 the USA Women have won six consecutive Gold Medals.

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