Olympics is a mega sports event where athletes from all over the world participate in various sports. Olympics offer a plethora of 33 sports from aquatics to wrestling. The history of the modern Olympics dates back to 1896 to Athens in Greece. With such a mega event on sports happening, it’s obvious that the event will attract a lot of sports betting too. Olympic sports betting alone makes a huge part of the gambling industry. winter Olympics sports are no less popular in the gambling industry either. For those who are completely new to playing online casino games or placing bets on sports and don’t know playing with bonuses looks like, NoDepositDaddy is the place to find everything you need to start right now. Here we will give you all the necessary information on the Olympic sports betting.
History and Evolution of Olympic Betting
Tracking the first-ever bet on the Olympics would be impossible. Prior to the modern Olympic Games, which were first held in 1896, Olympic festivals were held in Greece almost 3,000 years ago. While we can’t claim for certain, some sort of betting would have been done in the stands, among viewers, whether using monetary or material goods.
While it cannot be compared to today’s modern sports betting, it is clear that whenever Olympic festivals were held, there would be spectators who would bet among each other on who would win the events.
With the modern Olympic Games being revamped in 1896, more and more sports, disciplines, and competitors from around the world would be added. Sports betting began to grow rapidly at about the same time, especially around the start of the 20th century. In England, horse racing started to grow in popularity, and with its rise, the country saw some of the first bookmakers providing odds and taking bets from horse racing goers. Whether all of that was legal is another story.
Fast forward to today, if you want to place any kind of bet on any of the available events, you can either head to your local land-based bookmaker or visit an online sportsbook and wager. There are over 40 sports in the Olympic Games, including Summer and Winter renditions, with even more disciplines.
The next upcoming games are the Paris Olympics 2024, where more than 10,000 athletes will compete in dozens of sports and disciplines. Of course, as a bettor, you can head to your bookmaker or online sportsbook and see the availability of odds for top Olympics competitions.
Olympic Disciplines
The Olympics committee conducts a total of 57 sports, 42 of which are summer sports and 15 are hardcore winter Olympic sports. Some of the Summer Olympic Disciplines include:
- Archery
- Athletics
- Badminton
- Canoe Slalom
- Cycling BMX
- Fencing
- Golf
- Gymnastic artistic
- Judo
- Rowing
- Sailing
- Shooting
- Triathlon
- Waterpolo
- Wrestling freestyle
Some of the winter Olympic sports disciplines comprise of:
- Alpine skiing
- Biathlon
- Bobsleigh
- Cross country skiing
- Curling
- Figure skating
- Freestyle skiing
- Ice hockey
- Ski jumping
- Snowboard
Technological Advancements in Betting
In the past, if you wanted to bet on the Olympics, you needed to be present at the sporting event or head to the nearest land-based bookie. For many years, sports betting wasn’t even legal, and bettors and bookmakers would do it in secret.
Fast forward to today, and with the rise and evolution of technology, you can wager your funds anytime at any place, including from the comfort of your own home. In the past couple of decades, with the emergence of online casinos, online sportsbooks, and mobile apps, you can check odds, pick a type of bet, and wager your money within seconds.
All of the top-tier online casinos you will come across today hold a valid license and provide you with a secure, safe, and fair environment. If you are part of an online casino that has a dedicated sports betting section, you can find your way to the Olympic Games category, pick a sport or discipline, choose a type of bet you want to place, and stake your money. But if you are in the search and want to save time, consider Casinos-en-ligne.fr suggestions, valuable tips, and sports betting insights that will improve your betting experience overall.
Another big feature that online casinos and online sportsbooks provide today is a dedicated mobile app that players can usually download for free. This mobile technology allows you to take betting on the go. You can simply head to the Google Play Store or App Store and download the mobile app on your Android or iOS mobile or tablet device.
Once you have the mobile app, you can access the same features and markets that you would get on the casino’s or online sportsbook’s website. Features such as live betting, bet builders, special promotions, single-game parlays (SGP), accumulator bets, and, on some platforms, tips, predictions, and stats will be available. With all of this being easily accessible, you will never miss out on placing a bet on an Olympic event ever again.
Bet Through Online Casinos
Olympic sports betting has been made very easy by online casinos. the mobile casinos besides the live streaming of the games online, help you with placing the odds, and calculating the risks of Olympic sports betting. Moreover, the legal casinos offer lucrative casino bonus with which you can play casino games for free and win real money. Once the Olympics are over, and there’s nothing interesting you can bet on, we are here to provide you the best online poker sites, where you can get free chips and tokens for playing on live poker tournaments, that will actually boost your bankroll.
The majority of top-tier and popular online casinos have a dedicated sports betting section on their official site. Before the Olympic Games start, the operator will prepare the section with all betting-worthy events and provide relevant odds for given outcomes.
Some operators will even allow you to watch some of the Olympic events via dedicated streams and track your bets. Live betting is a common feature that many online betting sites provide, giving you the chance to bet on ongoing Olympic events. You can place all types of bets, including money lines, spreads, totals, parlays, futures, and prop bets. Whether you want to bet on skiing, athletics, football, tennis, swimming, or another event entirely – most events will be available.
Mobile betting has also risen in popularity, giving you the chance to bet wherever and whenever you want. Most online casinos usually provide a dedicated mobile app, which you can download on your mobile or tablet device and pick out any Olympic event to wager on. Also, you won’t be missing out on any live bets and promos because all features and services are provided on the app.
Betting Odds, Rules, And Tips
The first thing that you must do to start with Olympics sports betting is to sign up with a reputed online casino. Any betting site like 22bet, betrally, Bodog, betway sports or any other will tell you where and how to place a bet and all about the betting odds. Bonus deals and promotions are what players are attracted to, but the banking method options are actually the most important thing every single player should pay attention to before choosing the online casino to play at. The 24/7 customer support will guide you through the betting process and whenever you want them.
Picking an online casino with a sports betting section or choosing a top online sportsbook can be time-consuming because you have hundreds of options. To find the best platform, you have to look for features that satisfy your betting needs. First and foremost, the platform you pick has to be licensed and provide you with a safe, secure, and fair environment to place bets.
Second, before you choose a platform, compare some of the odds at multiple operators and choose the one with the best ones. The Olympics create endless betting opportunities that go beyond the standard match-winner odds and include performance odds, prop odds, and live odds. Another important feature is the type of promotions that are up for grabs. Some of the more popular bonuses that you should look for are welcome bonuses, cashback deals, risk-free bets, and no-deposit promos.
Whether you are betting on the Summer or Winter Olympics, your betting provider may or may not provide some sort of tips or stats. If you find these features, you can stay updated or pick up helpful betting tips. Lastly, the operator has to provide a long list of reliable payment options you can use to deposit funds and withdraw winnings securely. The faster the transactions, the better, so pay attention to the withdrawal times as well.
Daily Promotions And Welcome Bonus
The casino bonus that these legal casinos offer is the best part. You don’t have to spend any money out of your pocket and have a chance to win real money along with having pure fun watching your favorite sports events. Ignition casino has one of the best online bonuses in the industry. Follow this link to get the latest offers from this casino and get more information on what type of bonuses you can get and their cleaning requirements.
The welcome offer is one of the most important incentives to consider if you want to bet on the Olympics. Most welcome bonuses consist of a deposit match bonus that grants a small bundle of betting credits. Alongside the welcome offer, the no deposit deal is the most sought-after sports promo. This type of bonus allows players to claim extra funds or free bets without having to deposit any of their own.
For example, a no deposit Olympics bonus could be a $10 free bet bonus, which you can use to place bets on qualifying Olympic events. If you manage to win using the no-deposit bonus, you need to fulfill the wagering requirements that come with the promo before you can withdraw any of the winnings.
Once the Olympic Games start, you will have two weeks’ worth of events for betting. In this period, online casinos and sportsbooks are likely to provide special and limited-time daily promotions. You can find special reload bonuses, risk-free bets on specific sports and disciplines, and even some boosted odds.
Keep in mind that these bonuses come with terms and conditions that you need to follow correctly. A few noteworthy terms to watch out for include wagering requirements, time limits, minimum odds, and maximum win limits.
Legal and Ethical Considerations
Online sports betting is completely normal and legal in many countries around the world. However, some countries have yet to embrace sports betting. In the US, for example, it didn’t become legal until 2018. Since then, more than 20 states have implemented regulations allowing players to visit, register, and wager on a variety of sporting events, including the Olympic Games.
Then you have countries such as Saudi Arabia, Qatar, United Arab Emirates, and North Korea, where any form of sports betting is completely illegal. Most of these countries have not even considered creating some form of law to regulate online betting or any form of gambling.
This is not the case in Japan, Lebanon, and other countries where sports betting is not completely illegal, albeit heavily regulated.
Another way to legally bet on events from the Olympics is on offshore betting sites. These sites are not locally licensed but rather hold a licensing certificate from an internationally recognized regulator, such as the Malta Gaming Authority (MGA).
The likes of Brazil, Australia, New Zealand, the UK, India, Kenya, Mexico, South Africa, and some other nations don’t have any law prohibiting bettors from visiting off-shore operators to find better odds, promos, and features to place sports bets, including ones on the Olympic Games.
2024 Paris Olympic Games
France is the 2024 host of the Summer Olympic Games, with the majority of events held in Paris. Officially, the Paris Olympic Games will begin on the 26th of July, and for the first time in Olympic history, the opening ceremony will be held outside of a stadium.
The ceremony is set to happen near the Seine. The last time France hosted the Olympic Games was back in 1992, with the Winter Games being held in Albertville.
In this year’s Olympic Games, there will be 32 sports, with 329 medals up for grabs. Aquatics and athletics will be the sports with the most medals being awarded. All events will be held in some of the best stadiums and venues in and around Paris.
Stade de France, Roland-Gaross Stadium, Parc des Princes, Palace de la Concorde, Stade Velodrome, Grand Palais, Champ de Mars Arena, Eiffel Tower Stadium, Chateau de Versailles, and Yves-du-Manoir Stadium are just a few venues worth mentioning. Besides Paris, some of the events will also be held in other major cities such as Nice, Marseille, Lyon, Nantes, Bordeaux, and Saint-Etienne.
Another interesting thing is that the surfing competition will be held 15,000km away from Paris, in the French territory of Tahiti. A new sport is being added for the first time this year, and it is breaking. Breaking is a form of breakdancing that was first introduced in the Youth Olympics in 2018. This sport will have both men’s and women’s competitions, each competing in solo battles.
The 2024 Paris Olympic Games will be broadcast around the world, and more than 10 million tickets will go up for sale. The starting price is €24. Before the opening ceremony, three events will take place prior on the 24th of July, including football, rugby sevens, and archery. This year’s Olympic Games will come to an end on the 11th of August.
Conclusion
The Olympics has been an all-time favourite sports event of all age groups. With betting or without betting, the breath-stopping the excitement of all the sports events simply never fails to entertain the audience throughout the world.
With less than six months to go until the 2024 Paris Olympics starts, you are now fully ready for the action. You have plenty of time to browse around the web to find a fitting online casino or sportsbook where you will be placing your bets.
As we mentioned, make sure that all platforms that you check hold a valid license and that the country you reside in allows, or at least does not prohibit, online sports betting. Once you find your perfect match, register an account, verify that account, and see if there are any special promotions you can claim.
Differentiate the good and bad promotions by reading the bonus terms. Pay attention to the wagering requirements, time limits, wager limits, minimum odds, activation codes, and maximum win limits.
Also, if you don’t want to miss out on the Olympic action, make sure to download a dedicated mobile app that will let you place bets on the go. This way, even if you plan on attending the Olympic Games in Paris, you won’t have any problem placing bets on the go.
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