10 Bets You Can’t Go Wrong With at the 2024 Paris Olympics

The 2024 Paris Olympics gets underway officially this weekend, and with it, a plethora of betting opportunities. Avid sports bettors will know that everytime the Olympics rolls around, there are brilliant betting markets available if you know where to look.

If your betting style is more conservative, then you’re in the right place. We’ve combed all the latest Olympics odds, and identified the 10 bets that are the closest to a sure thing as possible when it comes to sports betting. Of course, no bet is guaranteed, but if you want to bet on a heavy favorite, we have the bets for you. 

Read on to find out why Hou Zhihui is a 1.01 favorite to win gold in the women’s 49 kg weightlifting, and how a bet on the United States in basketball is as safe as houses. Here are the 10 bets you can’t go wrong with at the 2024 Paris Olympics.

Our first lopsided betting market is the women’s basketball. Here are the outright betting odds ahead of the tournament starting in Paris:

• USA @ 1.071
• Australia @ 23.00
• France @ 23.00
• Belgium @ 26.00
• Japan @ 26.00

The United States women are a heavy favorite at 1.071 to win gold. What is most stunning, however, is just how far behind the rest of the pack are! The next best bets are Australia or France at 23.00, showing just how strongly favored the USA are to prevail.

Another great market for a conservative bet is the men’s team archery. South Korea have long been a dominant force in archery, which shows in this betting market:

• South Korea @ 1.25
• China @ 7.00
• Japan @ 8.50
• Italy @ 13.00
• France @ 15.00

It’s no surprise that South Korea are such heavy favorites, with odds of 1.25 to take out the men’s team event.

Since 1984, the nation has claimed 27 of the 39 gold medals available in the discipline. This impressive legacy isn’t going anywhere anytime soon with reports that over 1000 primary-aged students are training in the sport across the country.

Looking at the women’s singles event in the Olympics tennis, there’s a clear favorite to win here as well:

• Iga Swiatek @ 1.53
• Coco Gauff @ 7.00
• Elena Rybakina @ 10.00
• Mirra Andreeva @ 15.00
• Naomi Osaka @ 15.00

Poland’s Iga Swiatek is approaching Rafael Nadal-level dominance on clay at 23 years of age.

The Pole has won 21 matches in a row at Roland-Garros, and 32 of her last 33 in Paris. She’s also riding a 19-match winning streak on clay, putting her at a strong 1.53 to win gold this year. Behind her, the next closest option is Coco Gauff on 7.00.

Those looking for a sure-thing bet at the Olympics need look no further than women’s diving. Here’s what the betting market looks like in the women’s synchronized 3m springboard event:

• China @ 1.04
• USA @ 10.00
• Australia @ 11.00
• Great Britain @ 34.00
• Italy @ 34.00

China are the overwhelming leaders in the betting odds, and for good reason. Last Olympics games, the country won seven of eight gold medals in Tokyo.

This time around, they have an equally impressive team, spearheaded by Quan Hongchan. It’s no wonder they pay only 1.04 to win gold in the women’s synchronized 3m springboard.

Speaking of the Tokyo Olympics, generational gymnastics talent Simone Biles was absent. However, the American is back in full force in 2024, and is expected to be better than ever.

Most bookmakers are yet to release detailed betting lines for gymnastics events at the Paris Olympics, but here’s a taster of what the odds look like for the women’s all-around gymnastics gold medal:

• Simone Biles @ 1.16
• Sunisa Lee @ 5.50
• Rebeca Andrade @ 7.00
• Qiu Qiyuan @ 12.00
• Alice D’amato @ 16.00

When odds come out for specific competitions, expect Biles to be an even heavier favorite in her best events. The 30-time world titlist and four-time gold medallist is as close as it gets to a guaranteed chance at winning a gold medal this Olympic games.

China and table tennis go together like strawberries and cream, and the bookmakers are reflecting this in their odds ahead of the men’s team table tennis event:

• China @ 1.05
• France @ 15.00
• Japan @ 18.00
• Germany @ 20.00
• Korea Republic @ 26.00

China are enormous favorites at 1.05 to win, with the next best teams paying 15.00 (France), 18.00 (Japan) and 20.00 (Germany). It feels like a formality that China roll through this one to collect gold.

Getting into some slightly more niche markets, and the men’s 100+ kg judo event is dominated by one name: Teddy Riner. Here’s how bookies are rating his chances of gold:

• Teddy Riner @ 1.10
• Minjong Kim @ 9.00
• Tatsuru Saito @ 10.00
• Lukas Krpalek @ 17.00
• Guram Tushishvili @ 19.00

Fighting at home, the 11-time World Championship winner and three-time Olympics gold medallist pays just 1.10 to add to his golden collection. Minjong Kim is his biggest competition, but the Korean is well behind in the odds at 9.00.

Speaking of individuals who are head and shoulders above the rest of the competition, it would be an upset of titanic proportions if Armand Duplantis did not win another Olympics gold in Paris. Just look how one-sided the men’s pole vault odds ahead of the event:

• Armand Duplantis @ 1.03
• Sam Kendricks @ 15.00
• Ernest John Obiena @ 15.00
• Christopher Nilsen @ 26.00
• Thibaut Collet @ 26.00

Duplantis currently holds the world record of 6.24m indoors, and 6.22m outdoors. The former record he set recently in Xiamen. There’s no reason to believe he won’t maintain his brilliant form, with the 24-year-old looking as sharp as ever.

If you’re after a bet you can’t go wrong with at the 2024 Olympics, then look no further than weightlifting.

The one-dimensional nature of the sport means there are few variables that can disrupt an athlete’s performance. As a result, the favorite usually wins, as there’s clear evidence of past performance that can be used to forecast. 

One of the most lop-sided markets is the men’s 61 kg weightlifting, where Li Fabin is a big favorite:

• Li Fabin @ 1.012
• Hampton Morris @ 15.00
• Sergio Massidda @ 15.00
• John Ceniza @ 21.00
• Eko Yuli Irawan @ 23.00

Just put a hat on Fabin and call him a scarecrow, because the man is outstanding in his field. Odds of 1.012 demonstrate just how far ahead of the competition he is, making this a very safe bet.

Rounding out our top 10 bets you can’t go wrong with in Paris, we have another weightlifting masterclass. Here’s how the women’s 49 kg weightlifting event is stacking up at bookmakers:

• Hou Zhihui @ 1.015
• Saikhom Mirabai Chanu @ 15.00
• Surodchana Khambao @ 15.00
• Jourdan Delacruz @ 17.00
• Mihaela Cambei @ 17.00

It’s clear that a punt on Hou Zhihui here is a safe wager. The 27-year-old has set 11 world records in her career so far, including at the 2020 Olympics when she won gold. Back her to do so again, and chances are, you won’t be sorry.