2024 Summer Olympics Medals Odds: which country is going to lead the medal count?

What country is going to win the medal count?

The Olympics in Paris start on July 26. In this article, we will analyze the favourites in the medal standings, discuss teams' chances of winning, look at the Olympics medal odds, focus on some of the most popular competitions and specifically evaluate the prospects of the British team.

Team sports are traditionally highly popular. In basketball, the unequivocal leaders are the champions of the last Olympics, the USA. The team with James, Durant, and Curry in the squad is expected to consistently score many points. For example, in a match against strong Serbia, their odds of scoring over 97.5 are 9/10

When it comes to individual sports, a particular attention will be focused on tennis. In the men's tournament, there are two main contenders for the victory: Spaniard Carlos Alcaraz with 18/25 and Serbian Novak Djokovic with 3/1 odds to win respectively. Alcaraz’ youth is among his main advantages, while Djokovic's experience is unquestionable.

Of course, one of the main intrigues is what countries will take the top spots in the final medal standings. According to Olympics medal odds from bookmakers, there are several clear frontrunners. The competition for the third place promises to be particularly intense.

Olympics Medals Odds

According to predictions from bookmakers, the favorites for the medal standings are the USA and China. It is expected that the US will win around 120 medals, considering their strong positions in various sports, especially in athletics and swimming.

In the swimming competitions starting on July 27th, Katie Ledecky is the confident leader among women. While betting on her victory in the 400-meter freestyle might be adventurous yet intriguing 9/2 , it seems she has no competitors in the 1500-meter freestyle event with 3/100 Unibet odds to win.

China won 88 medals in Tokyo, and was behind the Americans only. Their athletes secured 7 gold medals in weightlifting, making them the undisputed leaders in this sport. Weightlifting competitions in Paris will begin on August 7th. Chinese Li Fabin is a huge favorite in the men's 61-kilogram category. Bookmakers offer odds of 1/100 for his victory.

According to bookmakers, Great Britain and France will compete for the third place, with Japan and Australia aiming to challenge them.

Olympics most medals odds 

Team

Odds to win the medal table

USA

1/2

China

9/1

Great Britain

40/1

Japan

50/1

Australia

150/1

France

150/1

Germany

200/1

Italy

250/1

Netherlands

300/1

South Korea

500/1

British athletes expected to win gold medals

For Great Britain, it is crucial to perform successfully in the most medal-rich sports. In athletics, their main hopes are pinned on Eliud Kipchoge and Joshua Cheptegei with 11/1 odds to win 5000m and 3/2 odds to win 10000m. In swimming, Adam Peaty and Duncan Scott are expected to surpass the Australians, who are among the main rivals of Britain in the overall standings.

Traditionally, the British are good at cycling and rowing. In team sports, women play a crucial role in securing medals. The Tokyo gold medalists in field hockey have good chances to repeat their success with 13/2 odds to win their Group B, as does the women's rugby sevens team. In the previous Games, they reached the semifinals. You can place a bet on their victory in the first match against Ireland on July, 28 with a handicap of +3.5 at 17/20

Olympics: over/under medals odds 

It is expected that almost all teams in the top 7 will improve their performance compared to the previous Games. This is surprising considering that there will be 10 fewer sets of medals contested compared to Tokyo. The absence of Russia likely played a role in reducing competition for the leaders in the standings.

Team

Over odds (medals)

Under odds (medals)

Japan

44.5 – 4/5

44.5 – 9/10

Australia

47.5 – 18/25

47.5 – 1/1

China

86.5 – 13/20

86.5 – 11/10

Great Britain

62.5 – 17/20

62.5 – 17/20

Italy

45.5 – 57/100

45.5 – 5/4

Netherlands

34.5 – 1/1

34.5 – 18/25

USA

122.5 – 17/20

122.5 – 17/20

Olympics most gold medals odds 

If we look at the total number of medals, Britain appears quite strong. However, in terms of the number of potential gold medals, the host of the tournament, France being strong in field hockey and boxing, holds third place as hosts typically demonstrate results better than usual. But even Japan, partially due to its skateboarders, has the same chances as GB.

Team

Odds to win gold medal

USA

1/5

China

7/2

France

80/1

Great Britain

100/1

Japan

100/1

Australia

250/1

Germany

250/1

Netherlands

250/1

Italy

500/1

Olympics: total gold medals odds 

After the introduction of breakdancing at the Olympics, the potential number of gold medals for the USA and China has even increased. In men’s competition American Victor Montalvo is the favourite with 23/20 to win odds. While in B-girls Chinese Liu Quingyi is among three main contenders with 3/1 to win odds. Below is the table with the total number of gold medals expected by each team.

Team

Over Odds

Under Odds

USA

39.5 – 83/100

39.5 – 83/100

China

33.5 – 18/25

33.5 – 1/1

France

26.5 – 6/5

26.5 – 61/100

Great Britain

16.5 – 11/10

16.5 – 33/50

Australia

13.5 – 83/100

13.5 – 83/100

Germany

10.5 – 9/10

10.5 – 4/5

Netherlands

16.5 – 1/1

16.5 – 18/25

Italy

11.5 – 1/1

11.5 – 18/25