Olympic icons Michael Phelps and Usain Bolt have retired and Simone Biles will not be on the betting board for the Tokyo Games.
But there are a variety of other wagering options for the Summer Olympics in Las Vegas Sportsbook.
The United States is an unaffordable favorite of 1,000 in Westgate sports betting to win the most gold medals, meaning bettors must wager $ 1,000 to win $ 100 or $ 100 to win 10 US dollars to win on Americans.
China is the 6-1 second choice, Japan is 25-1, and every other country is 200-1 or higher to collect the most gold medals.
The over-under total for gold medals won by the US is 45½ at Westgate, which cost the under a lot of money.
“I was surprised. Personally, I wanted to go a little higher,” said Westgate Risk Officer Joe Tatka, who put together the book’s extensive Olympic betting menu. “In the last two (Summer Games), the US was right at the 46th gold medal, and it there are gold medals that did not exist in the past or that probably could not be won in such an oblique way in favor of the USA. “
For example, women’s softball is back for the first time since 2008, and Americans are 250 favorites to win gold. The US is also a +110 favorite to win the first gold medal in women’s three-on-three basketball.
Bolt’s absence from athletics opens the door for Americans in the sprints, where Trayvon Bromell is the +150 favorite in the 100m run and Noah Lyles is the -120 favorite in the 200m run.
With Phelps out of the pool, Caeleb Dressel is one of the new faces on the US Olympic swim team. Dressel is the -900 favorite to win the men’s 50-meter freestyle gold medal and the -150 favorite to win the 100-meter freestyle gold.
The American women’s gymnastics team, led by Biles, is a strong favorite for the third consecutive Olympic title. But bets on gymnastics are not offered in Las Vegas books.
“Unfortunately, gymnastics is a vote that we vote on, so we don’t do it,” said Tatka. “It would be nice to be able to bet on it. I know a lot of people want to bet that Team USA will win gold and how many gold Simone Biles will get. “
Men’s basketball is one of the most popular Olympic futures markets, and Americans remain -500 favorites to win their fourth straight gold medal after losing their first two exhibition games to Nigeria and Australia.
Nigeria took a 1,000-1 throw at Westgate to win the men’s basketball gold medal before baffling Team USA 90-87 as a 28½ point underdog at the Michelob Ultra Arena on July 10th.
“Nigeria started 1,000-1 before the USA game, had dropped to 500-1 at halftime and was 200-1 at the end of the game,” said Tatka. “Now they are at 50: 1. People like to bet what they see and it beat Team USA. “
Australia, which annoyed the Americans with 91:83 as a 13½-point underdog, is the second choice with Spain with 10-1 to win gold.
“If Team USA gets stuck, Spain is the most likely team to take it and go along,” said Tatka.
Westgate placed tough bets on Spain and Slovenia, a 20-1 throw, led by Dallas Mavericks star Luka Doncic.
The US is an overwhelming -1,200 favorite to win gold in women’s basketball, while Australia is the 12-1 second choice.
The Americans are -225 favorites to win the gold medal in women’s football after opening the line at -150. The US lost to Sweden in the quarter-finals of the 2016 Rio Games, ending their streak of three gold medals in a row.
“It doesn’t matter if it’s a kid or a hot dog, they pound on it,” said Tatka. “They like the US to win women’s football. The last time they didn’t win a medal. I can see them pulling out all the stops to win this game.
“It’s one of those medals that the US likes to show and say we’re the best in women’s football.”
Contact reporter Todd Dewey at [email protected] Follow @ tdewey33 on Twitter.