Tokyo Olympics Betting Guide: Odds For Gold Medal Favorites at PA Sportsbooks

Posted By Katie Kohler on July 19, 2021 - Last Updated on July 23, 2021

It was delayed a year but the Tokyo 2020 Summer Olympics will start on July 23. While most of us would like to forget it, Tokyo is keeping the “2020” for the Summer Olympics.

This is the first Olympics where sports betting is legal outside of Nevada and Pennsylvania sports betting apps are packed with betting markets. The Pennsylvania Gaming Control Board said that all events for the Tokyo Olympics are approved and it is up to each of the state’s sportsbook on what they will offer.

The Tokyo Summer Olympics features 33 different sports and will award medals for 339 events.

Here, we give you a look at most of the Tokyo Olympic events and who has the best odds to bring home the gold.

For, men’s and women’s gymnastic betting preview click here.

(Full odds listed on sports betting apps. Only countries or individuals with best odds for gold medal listed.)

Tokyo Summer Olympics country total medals

(Odds via BetMGM)

Which nation will the most medals (Team events count as 1)

  • USA:  -2000
  • China: +650

How many total medals will the USA win

  • Over: 110.5 (-140)/Under: 110.5 (+100)

Which team will win the most gold medals?

  • USA: -1000
  • China: +550

Tokyo Olympics gold medal odds

(Odds to win gold medal from BetMGM)

Men’s Archery 

  • South Korea: – 115
  • USA: +230
  • India: +700

Women’s Archery 

  • South Korea: -125
  • Chinese Taipei: +275
  • Mexico: +600

Men’s Badminton 

  • Kento Momota (+175) Japan 
  • Viktor Axelsen (+550) Denmark 
  • Lee Zil Jia (+700) Malaysia 

Women’s Badminton

  • Tai Tzu Ying (+220) Chinese Taipei 
  • Chan Yu Fei (+350) China 
  • Ratchanok Intanon (+700) Thailand 

Baseball

  • Japan: +170
  • USA: +300
  • South Korea: +350

Men’s Basketball

  • USA: -400
  • Spain +1000
  • Australia +1000

Women’s Basketball 

  • USA: -800
  • Australia: +1000
  • France: +1600

Men’s Beach Volleyball 

  • Sorum/Mol (+175) Norway
  • Ahmed Tijan/Cherif (+500) Qatar 
  • Krasilnikov/Stoyanovskiy (+600) ROC 

Women’s Beach Volleyball 

  • Alix/April (+350) USA 
  • Agatha/Duda (+400) Brazil 
  • Pavani/Melissa (+450) Canada 

Men’s Field Hockey 

  • Australia: +275
  • Belgium: +275
  • Germany +550

Women’s Field Hockey 

  • Netherlands +100
  • Australia +450 
  • Germany +450

Men’s Handball 

  • Denmark: +250 
  • Spain: +300
  • Norway: +350

Women’s handball 

  • Norway: +150
  • ROC: +225 
  • France: +500

Women’s Modern Pentathlon

  • Kate French (+225) Great Britain 
  • Any other athlete not listed (+250)
  • Anastasiya Prokopenko (+350) Belarus 

Men’s Modern Pentathlon 

  • Joseph Choong (+300) Great Britain
  • Valentin Prades (+450) France
  • Any other athlete not listed (+450)

Men’s Rugby 7s 

  • New Zealand: +225
  • Fiji: +250
  • South Africa: +300

Women’s Rugby 7s

  • New Zealand: -275
  • Australia: +600
  • Canada: +1200

Softball 

  • USA: – 225
  • Japan: +300
  • Canada: +1400

Women’s Soccer 

  • USA: -185
  • Netherlands: +600
  • Great Britain: +900

Men’s Table Tennis

  • China: -5000
  • Germany: +2000
  • Japan: +2000

Women’s Table Tennis 

  • China: -5000
  • Japan: +1100
  • Germany: +3300

Men’s Water Polo 

  • Hungary: +250
  • Serbia: +300
  • Croatia: +400

Women’s Water Polo 

  • USA: -400
  • Netherlands: +1100
  • Canada: +50000

2020 Olympic golf and soccer gold medal odds

(Odds to win gold medal from DraftKings for golf and soccer)

Golf 

  • Jon Rahm: +450 
  • Xander Schauffele: +1000
  • Rory McIlroy: +1000

Men’s Soccer 

  • Spain: +250
  • Brazil: +300
  • France: +450

Tokyo Summer Olympics Men’s Swimming event gold medal odds

(Odds to win gold medal from BetMGM for swimming events)

400m Men’s Freestyle 

  • Elijah Winnington (+100) Australia 
  • Jack Alan McLoughlin (+300) Australia 
  • Gabriele Detti (+600) Italy 

100m Men’s Breaststroke 

  • Adam Peaty (-2000) Great Britain 
  • Rest of field (+800)
  • Arno Kamminga (+1200) Netherlands

200m Men’s Freestyle 

  • Danas Rapsys (+250) Lithuania 
  • Duncan Scott (+250) Great Britain 
  • Tom Dean (+300) Great Britain

100m Men’s Freestyle

  • Caeleb Dressel (- 125) USA 
  • Kyle Chalmers (+275) Australia 
  • David Popovici (+300) Romania 

800m Men’s Freestyle

  • Gregorio Paltrinieri (+150) Italy 
  • Mykhailo Romanchuk (+225 )Ukraine 
  • Jack Alan McLoughlin (+300) Great Britain

200m Men’s Breaststroke 

  • Izaac Stubblety-Cook (+150) Australia 
  • Anton Chupkov (+200) Russia 
  • Shoma Sato (+225) Japan 

200m Men’s Backstroke 

  • Evgeny Rylov (-250) ROC
  • Ryan Murphy (+250) USA
  • Bryce Mefford (+600) USA

200m Men’s Individual Medley

  • Michael Andrew (+105) USA 
  • Daiya Seto (+275 ) Japan
  • Mitch Larkin (+400) Austrailia 

100m Men’s Butterfly 

  • Caleb Dressel (-1000) USA
  • Kristof Milak (+500) Hungary 
  • Rest of Field (+600)

150m Men’s Freestyle

  •  Florian Wellbrock  (+125 )Germany
  • Gregorio Paltrinieri (+125) Italy 
  • Mykhailo Romanchuk (+250) Ukraine 

50m Men’s Freestyle

  • Caleb Dressel (-800) USA
  • Vladimir Morozov (+500) ROC
  • Kliment Kolesnikov (+700) ROC 

Tokyo Summer Olympics Women’s Swimming gold medal odds

(Odds to win gold medal from DraftKings for women’s swimming events)

Women’s Artistic Swimming Team

  • ROC: -2000
  • China: +800
  • Ukraine: +1600

100m Women’s Backstroke 

  • Kaylee McKeown (- 145) Australia 
  • Regan Smith (+150) USA
  • Kylie Masse (+200) Canada

200m Women’s Butterfly 

  • Yufei Zhang (+100) China 
  • Hali Flickinger (+165) USA
  • Suzaka Hasegawa (+330) Japan

100m Women’s Freestyle 

  • Emma McKeon (-110) Australia 
  • Cate campbell (+250) Australia 
  • Penny Oleksiak (+500) Canada 

200m Women’s Backstroke 

  • Kaylee McKeown (-275) Australia 
  • Margherita Panziera (+335) Italy 
  • Ryhan White (+450) USA

50m Women’s Freestyle

  • Emma McKeon (+200) Australia 
  • Cate Campbell (+225) Australia 
  • Ranomi Kromowidjojo (+300) Netherlands 

2020 Tokyo Olympic Track and Field gold medal odds

(Odds via to win gold medal via DraftKings)

Men’s Pole Vault

  • Armand Duplantis (-500) Sweden
  • Sam Kendricks (+1000) USA
  • KC Lightfoot (+1000) USA

Men’s 400m Hurdles

  • Karsten Warholm (-250) Norway
  • Rai Benjamin (+160) USA
  • Alison Dos Santos (+1100) Brazil

Men’s 100m

  • Trayvon Bromell (+100) USA
  • Ronnie Baker (+350) USA
  • Akani Simbine (+650) RSA

Men’s Javelin

  • Johannes Vetter (-650) Germany
  • Marcin Krukowski (+1000) Poland
  • Keshorn Walcott (+1000) Trinidad and Tobago

Women’s Long Jump 

  • Malaika Mihambo (+125) Germany
  • Brittney Reese (+300) USA
  • Maryna Romanchuk Bekh (+350) Ukraine

Women’s Pole Vault

  • Katie Nageotte (+225) USA
  • Arzhelika Sidorova (+225) ROC
  • Sandi Morris (+500) USA

Women’s 100m

  • Shelly-Ann Fraser-Pryce (-110) Jamaica
  • Elaine Thompson-Herah (+160) Jamaica
  • Dina Asher-Smith (+500) Great Britain

Women’s 400m Hurdles

  • Sydney McLaughlin (-250) USA
  • Dililah Muhammad (+175) USA
  • Fenke Bol (+400) Netherlands

Women’s 100m Hurdles

  • Kendra Harrison (-200) USA
  • Jasmine Camacho-Quinn (+175) Cuba
  • Tobi Amusan (+1000) Nigeria

Women’s 200m 

  • Gabby Thomas (+160) USA
  • Shaunae Miller-Uibo (+300) Bahamas
  • Dina Asher-Smith (+400) Great Britain

New events for the Tokyo Summer Olympics

(Gold medal odds for new events via BetMGM)

Men’s Skateboard Street 

  • Nyjah Huston (+110) USA 
  • Yuto Horigome (+180) Japan
  • Sora Shirai (+700) Japan

Women’s Skateboard Street 

  • Pamela Rosa (+200) Brazil
  • Aori Nishimura (+250) Japan 
  • Rayssa Leal (+333) Brazil 

Women’s Skateboard Park 

  • Misugu Okamoto (+120) Japan 
  • Sakura Yosozumi (+200) Japan
  • Sky brown (+333) Great Britain 

Men’s Skateboard Park 

  • Heimana Reynolds (+175) USA 
  • Cory Juneau (+300) USA 
  • Zion Wright (+450) USA 

Men’s Sport Climbing  

  • Tomoa Narasaki (+170) Japan 
  • Adam Ondra (+200) Czech Republic 
  • Jakob Schubert (+320) Austria 

Women’s Sport Climbing 

  • Janja Garnbret (-275) Slovenia 
  • Akiyo Noguchi (+550) Japan
  • Shauna Coxsey (+800) Great Britain 

Men’s Surfing 

  • Gabriel Medina (+150) Brazil
  • Italo Ferreira (+180) Brazil 
  • Kanoa Igarashi (+150) Japan

Women’s Surfing 

  • Carissa Moore (+200) USA 
  • Sally Fitzgibbons (+350) Australia
  • Caroline Marks (+400) USA 

Lead image AP Photo/Charlie Riedel.

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Katie Kohler

Katie Kohler is a Philadelphia-area based award-winning journalist. She is the Managing Editor at PlayPennsylvania and covers the Pennsylvania gambling industry with an emphasis on sports betting, online casino/poker and the lottery.

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