Olympic Games 2016

[skyalpha]

What's in store for betting on the Olympic Games? It's coming up quickly.

[admin]

There are a few markets floating around at the moment, but I expect a lot more will become available closer to the start of the Games.

The Olympics can be very rewarding from a betting perspective if you put in the research. I tend to not look for huge underdogs, but for people who have dominated their discipline in the year leading up to the event. Injuries can throw a spanner into the works, so make sure there are no news items regarding injuries for the main players. I also tend to focus on events where luck plays less of a role. The type of sports I like are shot put, rowing, high jump, long jump, javelin throw, individual pursuit in track cycling, etc. Basically, events where you don't have to worry about another athlete (quite literally) tripping up the favourite. Also, unless I find good reason to do so otherwise, I tend to always back the USA to win the men's and women's basketball!

Total medal tally betting is interesting, because the best models for predicting them don't actually pay any attention to individual athletes. They are typically made by economists who focus on population, GDP, etc. Leading up to the start of the Games there will be numerous predictions published by academics with good track records for their previous predictions.

In terms of where to bet, I can't yet comment on 2016, but in Olympics gone by Betfair has been one of my favourite places because they have offered markets on a greater range of events than traditional bookmakers.

[skyalpha]

Very cool... Interesting, I'd never thought of using Betfair. I'll check it out for sure!!

[Casinodepositors]

There are so much game to bet on at olympics. One can be basketball which I'm gonna bet on Team USA. Another would be volleyball for me or maybe I can consider boxing.

[admin]

The Associated Press and Sports Illustrated have each posted projected gold, silver and medal winners for every event at the 2016 Rio Olympics, for anyone who's interested:

Associated Press:

http://www.freep.com/story/sports/olympics/rio-2016/2016/08/01/rio-olympics-medal-predictions/87910092/

Sports Illustrated:

http://www.si.com/olympics/2016/08/01/rio-2016-olympics-medal-picks-predictions-projected-medal-count

The two lists do vary in results from one another, but each are based on competitor form leading up to the Olympics.

[scorpion]

There are so many places to bet and kind of sports to do it. Casinodepositors - i'll bet on USA basketball team too.

[admin]

For those looking to take advantage of CrownBet's Olympics promotion (see http://www.aussportsbetting.com/bett...er-promotions/ for further details), sports data provider Gracenote has predicted gold for Australia in the following disciplines:

Caroline Buchanan (BMX)
Jessica Fox (Canoe/Slalom K1)
Men’s team pursuit (cycling)
Men’s hockey team
Men’s four (rowing)
Kim Brennan (rowing)
Mathew Belcher/Will Ryan (sailing)
Tom Burton (sailing)
Women’s rugby sevens team
Warren Potent (shooting)
Mitch Larkin x 2 (swimming, 100m backstroke, 200m backstroke)
Emily Seebohm x 2 (swimming, 100m backstroke, 200m backstroke)
Cameron McEvoy (swimming, 100m freestyle)
Cate Campbell (swimming, 100m freestyle)
Bronte Campbell (50m freestyle, swimming)
Women’s 4x100m freestyle relay team

Source: http://www.foxsports.com.au/olympics...6ca7c8b2552dc5

[admin]

A survey of medal predictions has been published, with a particular focus on Australian gold medal chances:
http://www.aussportsbetting.com/2016...y-predictions/

[scorpion]

i want so much to see Roger Federer and Wawrinka in this Olympics, but they are both injured. Pity..

[scorpion]

I really surprised Novak Djokovic is out of the tournament after 1st round game against Del Potro.

[scorpion]

Carmelo Anthony passes Michael Jordan for third on U.S. Olympic scoring list.
Another record for Melo in Rio. Let's wait for one more record from Anthony!

[scorpion]

Carmelo Anthony is closing in to another crazy record in USA national team in Olympics. He scored 31 points in game against Australia, and that match was the best in this tournament at the moment.

[admin]

For anyone betting on the over/under gold medals and total medals markets, keep an eye on the fact that some nations like New Zealand and Great Britain typically start slowly before events that they're strong at commence later in the competition. For example New Zealand's six golds in 2012 came from rowing, sailing, athletics and canoeing (racing, not slalom) - events that have either only just started or haven't yet commenced in 2016.

Great Britain, for example, are actually ahead of their total medal tally at the same stage in London. For this reason there may be value in taking the overs, which have been dropping since the Olympics began.

Team GB's cumulative medal tracker

bbc 1.jpg


Team GB's medals per day

bbc 2.jpg


Gold medal tracker

bbc 3.jpg


The above graphs have been sourced from the BBC: http://www.bbc.com/sport/olympics/36970388

[scorpion]

I was right. Carmelo Anthony becomes leading Olympic scorer in U.S. history after game against Australia.

[Casinodepositors]

I could not believe the US basketball team. They just bring with them a luxury ship for them to stay while competing in the Olympics. But over all I like what's going on with the Olympics haven't made my bet yet because it's to early for me to do so.