2021 Olympics Odds: Betting In Michigan On The Tokyo Games

The Tokyo Olympic Games are under way!

The 2020 Summer Olympics began last month, nearly a year to the day after they were originally scheduled.

Tennis player Naomi Osaka lit the Olympics flame at the opening ceremonies, and the Games were officially on. Closing ceremonies are Aug. 8.

Organizers postponed the Games last year because of COVID-19. With low vaccination levels in Japan, fans are not allowed to attend the Games this summer. But 2021 Olympics odds are flowing in, and we’ll keep you updated on what you can bet on in Michigan.

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2021 Olympics Odds: What Will Michigan Bettors Find?

If you can bet on the sports regularly, then there’s a good chance you can bet on them in Tokyo. There are also other sports up for wagers that aren’t included in the usual Michigan offerings.

Although Michigan seems pretty liberal with the rules, operators slowly added markets throughout July.

Posted Olympics sports in Michigan include:

  • Artistic swimming
  • Archery
  • Badminton
  • Basketball
  • Beach volleyball
  • Boxing
  • Cycling
  • Diving
  • Equestrian
  • Fencing
  • Field hockey
  • Golf
  • Gymnastics
  • Handball
  • Judo
  • Karate
  • Rowing
  • Rugby sevens
  • Rugby union
  • Sailing
  • Shooting
  • Skateboarding
  • Soccer
  • Softball
  • Surfing
  • Swimming
  • Table tennis
  • Taekwondo
  • Triathlon
  • Track and field
  • Volleyball
  • Water polo
  • Weightlifting
  • Wrestling

Throughout the month, operators will add more markets as the Games continue.

FanDuel offering USA gold medal bonus promos

FanDuel Sportsbook, the leading Michigan online sportsbook is coming strong with early Olympics bonus offers.

New users can take advantage of an Olympics special for their first bet.

For the special, a $10 bet can win $100 and a $20 bet can win $200 when you place your first bet on any Olympics market.

To activate, sign up, make your first deposit of $10 or more, and make your first bet on any Olympics market through July 27. Wagers will be fulfilled within 72 hours.

As of this week, FanDuel had baseball, basketball, boxing, cycling, diving, field hockey, golf, gymnastics, handball, pentathlon, rowing, skateboarding, soccer, swimming, table tennis, track and field, volleyball and water polo up for wagers.

Odds boosts are regularly added. Recently, Team USA and Slovenia were parlayed to both win men’s basketball quarterfinal games by 15 or more points at +450 (was +350). Americans Kevin Durant and Damian Lillard were boosted to +200 (from +130) to combine for 40 or more points against Spain.

Caesars Sportsbook offers Team USA medal over/unders

Caesars Sportsbook (formerly known as William Hill Sportsbook) is offering odds boosts throughout the Games.

In men’s soccer, Brazil and Spain were boosted to win their matches in 90 minutes on Tuesday to +360. A Brazil shutout win against Mexico was boosted to +300.

A Japan 1-0 win against Spain was boosted to +900.

Bet more Olympics, get more free bets from BetRivers

BetRivers Sportsbook has unveiled a promotion to win free bets when you place wagers on the Olympics this summer.

Here’s how it works: Wager between $500 and $999 in total, real money wagers on the Olympics and get $1 for every bronze medal USA takes home.

Or, move into second place when you wager between $1,000 and $2,499 in real money to get $2 for every silver medal and $1 for every bronze.

Then, stand at the top of the podium when you bet $2,500 or more to get $3 for every gold, $2 for every silver and $1 for every bronze.

The platform has a handful of team events posted.

Basketball, beach volleyball, badminton, cycling, diving, equestrian, fencing, field hockey, handball, rowing, rugby sevens, sailing, softball, swimming, table tennis, track and field, volleyball, water polo and wrestling markets are also posted.

DraftKings has extensive list of Olympics markets available

DraftKings Sportsbook was one of the first Michigan operators to post 2021 Olympics odds.

DraftKings has a new user special where first-time depositors of $5 or more can bet $1 in their first bet prior to the start of any Olympics event. If an American wins a medal in any competition, the user will receive $100 in free bets, credited as four $25 free bets.

DraftKings has frequent odds boosts. For Tuesday’s USA men’s basketball quarterfinal game against Spain, the Americans were boosted to +300 from +230 to win by 20 or more points.

The platform has badminton, basketball beach volleyball, cycling, diving, equestrian, fencing, field hockey, golf, gymnastics, judo, karate, rowing, rugby union, sailing, soccer, softball, surfing, swimming, table tennis, Taekwondo, track and field, volleyball and water polo markets available.

PointsBet has Team USA, soccer, softball odds boosts

PointsBet Sportsbook is in on the Tokyo action, having posted markets in several sports.

The sportsbook has several sports posted, including off-the-radar sports like artistic swimming, archery, skateboarding, triathlon and water polo.

On Tuesday, PointsBet had the USA men’s basketball team winning against Spain in the quarterfinals and Kevin Durant scoring 20 or more points at +130 from -110.

Fox Bet has Olympics soccer, basketball markets

Fox Bet Sportsbook has joined the Olympics field, posting baseball, soccer, track and field, and basketball markets.

The platform has a Super Boost for Luka Doncic to score 34.5 points or more and Slovenia to win its quarterfinal basketball game over Germany boosted to +280 from +250.

Golden Nugget offering basketball, soccer Olympics markets

Golden Nugget Sportsbook has joined in posting Olympics markets as well, as the book has soccer and basketball match markets available.

As for basketball futures, the Team USA men are still favored to win gold at -250 despite losing its opener to France.

BetMGM has plenty of Olympics sports with betting markets

BetMGM Sportsbook has soccer, tennis, golf, table tennis, softball, baseball, water polo, rugby and volleyball markets.

Kambi sportsbooks have 2021 Olympics offerings

Other providers powered by Kambi, including Barstool Sportsbook, Four Winds Sportsbook, Play Gun Lake Sportsbook and TwinSpires Sportsbook, also have Olympics sports markets live.

Michigan Gaming Control Board gave operators leeway

The Olympics have long been on the Sports Wagering Catalog here in Michigan.

However, for months, the only events that were eligible for wagers were team sports. Recently, the Michigan Gaming Control Board committee added individual sports to the mix.

“An operator or platform provider can accept any wager on an Olympic event — team or individual — that meets the criteria in the guidelines,” MGCB spokesperson Mary Kay Bean told PlayMichigan.

Relevant guidelines include: Negative outcome propositions of all kinds are not permitted, and in-game wagering is approved.

In a development that could be unique to Michigan (we’re still checking around), Bean confirmed that you can bet on judged sports such as gymnastics, too.

Editor’s note: We will continue to update this page with the latest information as the Games continue.

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