The 2024 Olympic Basketball tournament is heating up, and with it comes exciting opportunities for basketball fans to dive into the world of Olympic Basketball bettingodds.
Olympic Basketball: Race to the Gold Odds Update
| MyBookie Basketball Analysis of the Race to Gold
Olympic Basketball Expert Picks
The American, Canadian, French and German men’s basketball teams have separated from the Serbs, Aussies, and Greeks to become the favorites to win Olympic gold.
The United States is a solid -550 favorite, more of a chalk then when the tournament started, heading into the second round.
The odds on Canada have fallen from +1100 to +850 while the host nation is at +1400.
Which team steps to the top podium spot?
Check out updated Olympic men’s basketball gold medal odds, analysis, and picks for the 2024 Summer Olympics.
2024 Paris Olympics Men’s Basketball Opening Odds
- USA -550
- Canada +850
- France +1400
- Germany +1800
- Serbia +2300
- Australia +2400
- Greece +4600
- South Sudan +14000
- Spain +14000
- Puerto Rico +32000
- Japan +50000
- Brazil +50000
Writer’s Olympic Men’s Basketball Gold Picks
Gold: Canada
Although the U.S. was dominating South Sudan at the time of this writing, the Canadians remain the top choice to win gold.
Canada is dominating what was supposed to be the group of death, beating Giannis and Greece 86-79 and dusting Australia by ten points in a 93-83 game.
In both wins, Shai Gilgeous-Alexander, RJ Barrett, and Dillon Brooks paced the Canadians, which is good news if you’re a Canada fan.
Why? Because Andrew Nembhard, Jamal Murray, and Dwight Powell can step it up if required.
Canada matches up well with the U.S.
In fact, the Canadians may have the stronger group of guards, which could lead to an Oh Canada gold medal moment.
Silver: United States
No doubt, beating the U.S. is going to be tough.
A team that can bring Jayson Tatum and Kevin Durant off the bench is almost impossible to beat.
But Steve Kerr is already having trouble figuring out his lineup.
He was way too apologetic for not playing Tatum in the United States’ first game.
The whole thing reeked of catering to the star mentality that seems to pervade the U.S. squad.
When it comes down to it, backing the Americans at -550 represents underlay odds.
The U.S. should win gold, but it feels as if Canada, or even Germany, is ready to upset the United States.
Bronze: Germany
The Germans are a well-coached and solid group.
Granted, we will know more about Germany when they take on France on August 2.
So far, things have gone as planned with wins against Japan and Brazil.
Germany beat the U.S. at last year’s World Championships.
So the team can hang with the Americans.
However, picking Germany over both the United States and Canada is asking a lot.
So choosing Germany to win bronze makes sense.
Bet the Olympic Basketball | Olympic Basketball Live Betting MyBookie Betting Lines for the Matches
^ Top^ TopThis wasn’t even close to being a foul. The refs unquestionably robbed Japan of a potentially monumental upset win. They even unfairly kicked out Hachimura earlier in the game.
— PBA insider 🏀 (@PBAinsider) July 30, 2024
One of the worst calls in #Olympics basketball history. Disgustingly embarrassing and shameful. https://t.co/Gc426YcKEV pic.twitter.com/fol3WtYz4K
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