How to Bet on the Olympic Games (Smart Way) – And Use the Best Arbitrage Betting Sites to Your Advantage

By Peter Benard

The Olympic Games aren’t just another sports event. They’re pure chaos in the best way possible. So many sports, so many athletes, crazy schedules, surprise winners, underdogs popping up everywhere… and yes, tons of betting opportunities if you know where to look.

Whether it’s the Summer Olympics or the Winter edition, this is one of those rare moments where casual fans turn into overnight experts on judo, fencing, or even badminton. And for bettors? It’s a goldmine — especially if you’re smart enough to use the best arbitrage betting sites and not just rely on one bookmaker.

Let’s break it down in simple terms 👇

What Can You Bet on During the Olympic Games?

Short answer: almost everything.

During the Olympics, bookmakers go wild with markets. Every single day, you’ll see betting options across a massive list of sports, including:

  • Athletics

  • Swimming

  • Basketball

  • Handball

  • Volleyball

  • Rugby 7s

  • Boxing

  • Fencing

  • Judo

  • Football (soccer)

  • Cycling

  • Badminton

  • Table Tennis

And that’s just the Summer Games. Once Winter Olympics come around, you’ve got skiing, biathlon, ski jumping, super-G, snowboarding, and all the sliding madness.

Now here’s where it gets interesting for smart bettors 👀

You’re not limited to just match winners or race results. You can also bet on:

  • Gold, silver, and bronze medal winners

  • Outright Olympic champions (long-term bets)

  • Head-to-head matchups

  • Group winners

  • Totals, handicaps, and specials

Because there are so many bookmakers covering so many events, odds often vary a lot. That’s exactly why Olympic Games are perfect for arbitrage betting.

👉 If you compare odds across platforms, you’ll often find price gaps big enough to lock in risk-free profit using the best arbitrage betting sites.

Why the Olympics Are Perfect for Arbitrage Betting

Let’s be honest — most bookmakers aren’t experts in every Olympic sport. Football? Sure. Basketball? Maybe. But fencing, modern pentathlon, or women’s weightlifting? Not so much.

That leads to:

  • Mispriced odds

  • Delayed updates

  • Big differences between bookmakers

And that’s where arbitrage bettors smile 😏

By using the best arbitrage betting sites, you can:

  • Compare odds instantly

  • Spot guaranteed-profit opportunities

  • Take advantage of boosted odds and promos

Olympic Games = high volume + high variance. Perfect conditions.

Olympic Games 2024: What Should Bettors Expect?

The 2024 Olympic Games in Paris (July 26 – August 11) are shaping up to be massive. Home advantage for France, packed stadiums, and insane media attention.

From a betting perspective, expect:

  • Daily markets across dozens of sports

  • Special promotions from bookmakers

  • Enhanced odds on popular events

  • Soft lines early in the tournament

Football, basketball, athletics, swimming, tennis — these will attract the most money, which means:

  • Better liquidity

  • More competitive odds

  • More arbitrage chances

Smart bettors won’t just bet emotionally. They’ll:

  • Track early odds

  • Compare bookmakers

  • Use arbitrage tools

  • Avoid hype-based betting

How to Bet on the Olympic Games (Step by Step)

Betting on the Olympics is actually super simple — no different from betting on football or tennis.

Here’s how it works:

  1. Log in to your betting account
    (If you don’t have one, register with multiple bookmakers — crucial for arbitrage betting.)

  2. Deposit funds
    Make sure you’ve got balances spread across sites.

  3. Choose the sport
    Athletics, swimming, football, whatever you like.

  4. Select the event
    Match, race, medal market, or outright winner.

  5. Pick your odds
    Or compare odds across bookmakers if you’re arbitrage betting.

  6. Enter your stake and confirm

That’s it. Done.

And yes — you can place bets directly from your phone, which is a must during the Olympics because lines move fast.

Promotions and Bonuses: Don’t Ignore Them

Big events = big promos.

During the Olympic Games, betting sites usually offer:

  • Free bets

  • Deposit bonuses

  • Risk-free bets

  • Enhanced odds

  • Cashback deals

Here’s a pro tip 👇
Don’t stick to just one bookmaker.

Some sites might boost football odds, others give free bets on athletics, while another offers a deposit bonus tied to Olympic events.

By registering on multiple platforms, you can:

  • Stack bonuses

  • Improve your odds

  • Combine promos with arbitrage strategies

Yes, that’s legal. Yes, that’s smart.

Final Thoughts: Bet Smart, Not Blind

The Olympic Games are fun, emotional, unpredictable — and that’s exactly why most casual bettors lose money.

If you want to stay ahead:

  • Avoid betting with your heart

  • Compare odds always

  • Use the best arbitrage betting sites

  • Take advantage of promos

  • Focus on value, not hype

Done right, the Olympics can be one of the most profitable betting periods of the entire sports calendar.

If you want more smart betting guides, predictions, and arbitrage insights, keep an eye on
👉 https://www.donpredict.com/

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