Olympics, Wimbledon, Euro 2020 Can Cure Summertime Sports Betting Blues

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Written By Drew Ellis on June 24, 2021Last Updated on July 16, 2021
Tokyo Olympics 2020 June 2021

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Please refer to our comprehensive coverage page on the 2021 Olympic Games for the latest information on Tokyo Olympics betting markets.

As the summer doldrums approach, with the NBA and NHL Playoffs winding down and the NFL and college football seasons still months away, people are actively looking for ways to keep themselves entertained.

Do not be afraid! There are several significant international sporting events happening now or in the near future, presenting chances to increase your wealth.

Tokyo Olympics odds starting to take shape

Due to the coronavirus pandemic, the 2020 Summer Olympics, similar to numerous sporting events throughout the year, were incapable of taking place as originally planned last summer.

The rescheduling of events has led to a unique occurrence of the Olympic Games taking place in an unconventional year. This summer, the 2020 Games will be held in Tokyo.

The opening ceremony is set to take place on July 23, with the Games scheduled to conclude on Aug. 8.

There are 339 events in total, spread across 50 disciplines and 33 different categorized sports. While individuals are still in the process of qualifying for many events, odds are already available for team-driven sports.

Currently, DraftKings Sportsbook offers odds for a total of 17 events. Among these events, the United States is predicted as the frontrunner for gold in six of them. These events include:

  • USA Men’s Basketball is favored with odds of -360.
  • USA Women’s Basketball is favored at odds of -1250.
  • The USA women’s football (soccer) team is favored at -125.
  • The USA women’s basketball team is favored at +150 in the 3-on-3 match.
  • The USA women’s softball team is favored at -125.
  • USA Women’s Water Polo: -335
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Team USA women picking up the slack

In numerous team competitions, the women of the United States have consistently displayed remarkable unity and strength.

Basketball has undeniably been a dominant sport for the USA in the Olympics. The women’s team has achieved gold medal victories in the last six Olympic games, while the men’s team has secured three consecutive wins and an impressive six out of the last seven championships.

This summer, the Olympics will witness the inclusion of 3-on-3 basketball as an event for the very first time. In each gender category, eight teams will partake in the competition. While the USA women’s team is expected to dominate, it is unfortunate that the men’s team did not manage to secure a spot.

Since the inception of women’s soccer in 1996, the United States has achieved an impressive record, securing four out of the six gold medals. However, their streak was broken in the 2016 Games, marking the first time the American team failed to clinch a medal.

After being excluded from the previous two Summer Olympics, softball makes a comeback in the Games. The sport, in which the USA has excelled, clinching three out of the four gold medals, with a silver in 2008.

The USA women have achieved remarkable success in water polo, clinching the last two gold medals and ensuring a podium finish in all five Olympic competitions.

Novak Djokovic seeks history at Wimbledon

Wimbledon, the highly esteemed yearly tennis tournament, commences on Monday, marking its eagerly awaited return.

Due to the COVID-19 pandemic, the 2020 edition had to be canceled. However, the All England Lawn and Tennis and Croquet Club in London will once again witness thrilling action from June 28th to July 11th.

According to BetMGM Sportsbook, Novak Djokovic is the strong frontrunner with odds of -110 to win the men’s singles competition.

With a significant lead, the “Djoker” currently holds the top spot in the world rankings and has successfully defended his Wimbledon title twice. Possessing a remarkable tally of 19 Grand Slam victories, he has the opportunity to match Rafael Nadal and Roger Federer’s record of 20 titles by clinching this Wimbledon championship.

Due to an injury, Nadal will not be participating in this year’s competition. Meanwhile, Federer has been given odds of +900 to secure his 21st title. Other notable contenders include Stefanos Tsitsipas, with odds of +550, and Daniil Medvedev, with odds of +600.

Serena Williams also in record-setting mode in London

Ashleigh Barty, the top-ranked player in the women’s tournament, is the narrow frontrunner with odds of +700, closely followed by Serena Williams at +750.

Barty, aiming for her maiden Wimbledon victory and a second Grand Slam triumph, has not advanced beyond the fourth round at the prestigious tournament thus far.

Similar to Djokovic, Williams aims to equal the women’s all-time Grand Slam record. With 23 titles under her belt, she is only one behind Margaret Court’s record of 24. Williams has an impressive record at Wimbledon, having triumphed seven times and narrowly missed out on victory in the last two tournaments.

Naomi Osaka’s name is absent from the odds list as she has chosen to skip this year’s tournament.

After being fined for refusing to engage with the media, Osaka decided to withdraw from the French Open, mentioning her mental health struggles as the primary factor behind her media avoidance. Although she has triumphed in four Grand Slam events, Osaka is yet to secure a victory at Wimbledon.

Euro 2020 enters bracket play

The Euro 2020, the quadrennial international men’s soccer championship of Europe, organized by the Union of European Football Associations (UEFA), has also been unfolding over the past few weeks.

Euro 2020, which was delayed by a year due to the pandemic, commenced on June 11 and is set to culminate on July 11.

The tournament, which initially consisted of 24 teams divided into six groups, has now transitioned into a 16-team bracket phase.

According to PointsBet Sportsbook, France is currently favored to win the tournament with odds listed at +400. Following closely behind are Italy with odds at +600, followed by England at +650, Germany at +700, and Spain at +750.

This event has been won three times by both Germany and Spain, making them the joint record holders for the most titles. France follows closely behind with two overall victories, the most recent being in 2000.

In their group stage matches, the French national team achieved a record of 1 win, 0 losses, and 2 draws. They secured a 1-0 victory against Germany and ended up with equally matched ties against Portugal and Hungary. Moving forward, France’s next challenge will be against Switzerland in the round of 16, scheduled for Monday.

Italy had a flawless record of 3 wins in group play, managing to score seven goals without conceding a single one. The Azzurri are set to kick off their knockout campaign against Austria on Saturday.

England had a record of 2 wins, 0 losses, and 1 draw in the group stage, even though they only managed to score two goals. Remarkably, their defense remained impenetrable, not conceding a single goal. The upcoming round-of-16 match between England and Germany on Tuesday is anticipated to be an exhilarating encounter.

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