2021 Best Tokyo Olympic Betting Sites

Olympics SymbolThe 2021 Tokyo Olympics will be getting underway this weekend. So, if you’re in the market to place bets on your favorite Summer Olympic games, we have just the right Olympic betting sites for you!

For this highly anticipated event, our top online sportsbooks have you completely covered.

You’ll find great real money bonuses and banking choices, excellent customer service, and smooth mobile compatibility.

Make it a memorable event and start strong by using one of these reputable Olympics betting sites to win some real money!

Betting Site
Bonus Bet Now
1BetUS Logo BetUS Logo

125% up to $2,500 Go to Site
2 BetOnline Logo

50% up to $1,000 Go to Site
3 MyBookie Logo

50% up to $1,000 Go to Site
4 SportsBetting.ag Logo

50% up to $1,000 Go to Site
5 Bovada Logo

50% up to $250 Go to Site

Betting on the Tokyo Olympics 2021 begins here! Sign up at one of our favorite online casinos today by clicking on any of the “Go to Site” links in the chart above.

Contents of Our Real Money Olympics Betting Sites Page

If you already know what you’re looking for in this review, check out the navigational links below to jump ahead and skim this post!

Comparing the Top Tokyo Olympic Betting Sites

If you’re looking for someone to tell you straight up what the best 2021 Olympic sportsbooks are for this years Olympic games, you’ve come to the right place! We know it can be daunting placing your bets, since there are literally thousands of online sportsbooks to choose from.

  • BetUS – Voted Best for Olympic Betting in 2021 by Our Staff
  • BetOnline – Newly redesigned online sportsbook and betting app for US bettors
  • MyBookie – Most Olympic betting options of any USA sportsbook online
  • SportsBetting.ag – Reliable Olympic betting site with user-friendly interface
  • Bovada – Long history of offering competitive Olympic betting odds
  • xBet – Safest online betting with $10,000 in prizes every week

Thankfully, our experts have researched each of the real money sports betting sites we recommend so you don’t have to! Below, we compare the top online sportsbooks for betting real money on the Tokyo Olympics in 2021:

Tokyo Olympics Banner

BetUS Is the Best Tokyo Olympic Betting Site in 2021

Our top pick for betting on the 2021 Olympic games is BetUS.com. Having been in the industry for nearly 25 years, this real money gambling site has built a solid reputation and offers many great opportunities for gamblers to bet real money on a variety of sports.

BetUS excels in providing the best odds for betting on the 2021 Olympics online. The overall layout of their website makes it extremely easy to find the sports you want to bet on and place your real money bets.

BetUS Screenshot1

We’ve listed a few reasons BetUS is an ideal online sportsbooks for betting on your favorite Olympic games:

  • Extremely well-organized menu at the top of the mobile betting app
  • Find your favorite Olympic sports with just two clicks from the home screen (Sportsbook & Olympics)
  • Easily convert odds with a toggle between American, Decimal, and Fractional
  • BetUS accepts Olympic sports bets from all 50 United States!

Visit BetUS

MyBookie – Runner-up for the Best Olympic Betting Site

MyBookie has been one of our highly recommended online sportsbooks for years now. They offer bettors some of the best odds on all your favorite sports and have been a reliable source for gamblers all over the country! Just because MyBookie is the runner-up, doesn’t mean you can’t sign up at both BetUS and MyBookie, as they’re both stellar sportsbooks for betting on the 2021 Tokyo Olympics online.

MyBookie Olympics Screenshot

Established in 2014, MyBookie has worked hard to compete in the online betting industry, earning them second on our list of top recommendations for betting on the 2021 Tokyo Olympics. They offer bettors an array of generous Olympic gambling bonuses, excels in customer service, answering any questions about their site you may have, and are always first to post the best odds.

Below we’ve listed just a few of the reasons we strongly recommend using MyBookie for betting on the 2021 Tokyo Olympic games online:

  1. 50% up to $1,000 welcome bonus with a 10x rollover requirement
  2. A 10% up to $200 welcome bonus with an unheard of 1x rollover requirement
  3. The slickest and most user-friendly website and app layout in the industry
  4. Founded in 2014 with an impeccable track record of treating customers the right way

Visit MyBookie

Check Out Our Sportsbook Reviews

The sites we suggested for 2021 Tokyo Olympics betting are all excellent in their own right! After learning some of the top strengths and key differences of each real money sports betting site above, we hope this helped narrow things down for you to find the right Olympics betting site for your needs.

Before joining any 2021 Olympic sportsbooks online, we recommend you do the proper digging and research. One way to find the best sports betting sites for betting on the Olympics online is to head over to our sportsbook reviews page. Our experts have dug into just about every sportsbook on the web. Do your own research and check out your favored Olympic sportsbooks now!

Gambling Site Reviews

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What Makes a Good Olympic Sports Betting Site?

Here are a few of the things our research team took into consideration when finding the best online sportsbooks for Tokyo Olympics betting. It takes proper vetting and research to evaluate a gambling site. Our team used the criteria below:

  • Safety and Security – There’s no need to worry with our recommendations. We listed reputable and legit sites for 2021 Tokyo Olympics betting online. They are all fully licensed by a gambling authority in a reputable jurisdiction and accept bets from US players. There are a lot of bets to wager on during the event, and the last thing you need to worry about is if your online casino can be trusted or not.
  • Wide Range of Betting Lines and Odds – There are close to 50 separate events that are featured at the 2020 Tokyo Olympics, and the sites we suggested provide betting odds for each sport! It doesn’t matter if you are watching badminton, swimming, tennis, rock climbing, archery, or football. You will find the betting lines and odds you need for events at the 2021 Olympics.
  • Real Money Bonuses – There are plenty of advantages to online gambling. First of all, betting on the Olympics in 2021 using an online sportsbook is fun, especially for a newcomer! Second, there are a number of real money bonuses for first-timers that can really get you off to a great start in the bankroll department! You’ll be able to bet on the Olympics for real money and do so with a fuller account than you would have at a land-based casino.
  • Variety of Banking Methods – The best Olympic gambling sites give their customers plenty of choices in the way of depositing funds and withdrawing their payouts. Use credit cards, cryptocurrencies, and a host of other options to customize and personalize your banking experience! Figure out which option works best for you and apply it when betting on the Tokyo Olympics for real money!
  • Fast Payouts – These sporting events are fast-paced, often featuring multiple events being televised or streamed simultaneously. If you have bets riding on beach volleyball, taekwondo, and the triathlon, you will not only get quick information and results on your betting lines and odds, but you will also have payouts to process quickly and drop into your account!
  • Customer Service – Our favorite real money Olympic sportsbooks have some top-rated customer service associates at the helm that can be reached 24/7 by phone, email, or live chat. We wish you the smoothest of trips in your sports betting experience. But if not, it’s good to know that you’ll be met with knowledgeability, professionalism, and the best of help if there are any bumps in the road.
  • Mobile Connectivity – Experience the convenience and thrill of on-the-go Olympics betting action with our favorite real money sites that offer downloadable apps and mobile versions of the sportsbook for iOS, Android, and Windows devices.

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As of this year, there are a total of 33 different sports showcased at the Olympic games. This comes with the addition of five newly added events!

Some things never change, though, and the three most anticipated events during the Summer Olympics continue to be gymnastics, track and field, and swimming.

You will find that there are particular sportsbooks that do a better job than others with coverage on each of these events. Check out our list below!

Olympics Gymnastics:

Olympics Track and Field:

Olympics Swimming:

There are both pros and cons to each online sportsbook. Although no sports betting site is absolutely perfect, we’re confident these top 3 Olympic betting sites we recommended are as ideal as it gets. Check out the chart below to compare these reliable Olympic betting websites to help narrow down your decision when betting on the Olympic games in 2021:

BetUS MyBookie BetOnline
Year Established 1994 2014 2001
# of Sports 30 23 22
Welcome Bonus Up to $2,500 Up to $1,000 Up to $1,000
Bonus Rollover 10x 10x 10x
U.S. Players? Yes Yes Yes
In-Play Betting? Yes Yes Yes
Bitcoin? Yes Yes Yes
Live Chat Support? No Yes No
Phone Support? Yes Yes Yes
Sign Up Now! Visit BetUS Visit MyBookie Visit BetOnline

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Best Olympic Sports Betting Sites by Country

When you bet on the Summer Olympic games for real money in other countries, chances are that you will be using a different set of sportsbooks that you would find here in the US.

Olympic World Sports Banner

If you are curious as to the best online sports betting sites for the 2020 Olympic games in each country, find your country in the table below and start placing your real money bets now:

The United States Canada The United Kingdom Australia The Netherlands
BetUS Betway Sports TonyBet Bet365 Betway Sports
MyBookie Bodog Sports Betway Sports xBet 10Bet
BetOnline 10Bet 10Bet PlayUp Spin Sports
Bovada Spin Sports Bet365 BetDeluxe Unibet
xBet Sports Interaction 888Sport MyBookie Betfair
SportsBetting.ag xBet FansBet TopSport Betsson
BetNow MyBookie BetRegal WinnersBet Mr.play
Visit BetUS Visit Betway Visit TonyBet Visit Bet365 Visit Betway

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How to Bet on the Olympics in Tokyo

The process to start betting real money on the 2021 Tokyo Olympics is by no means difficult. In fact, the whole thing can take as little as five minutes to get set up! Follow the step-by-step guide below on how and where to bet on the 2021 Tokyo Olympics online.

  1. Choose one of the top-rated Olympics betting sites at the top of this page!
  2. Click on “Get Started.” You will be taken directly to the site’s sign-up page.
  3. Provide an email address and create a username and password.
  4. Fill out all information fields completely and correctly and hit “Submit.”
  5. A confirmation email will be sent. Log into your new account!
  6. Head over to the “Banking” page and select a depositing and payout method.
  7. Make your first deposit and apply any appropriate welcome bonus codes.
  8. Click on the “Sportsbook” tab to find the betting odds under “2021 Olympics.”
  9. Select the event and look over the betting lines for the odds you want.
  10. Once you select the odds you want, the bet slip will pop up. Apply them to the bet slip and hit “Place Bet” to submit!

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How to Read the Odds: What to Expect

Maybe you’re new to betting on the Olympics online or just new to sports betting in general. If this is the case, you may be wondering how to read the odds that appear on the betting lines. It might be all Greek to you now, but once it’s explained, odds are not that difficult to understand and read.

Here are two popular key concepts in the online sports betting world that you can walk away knowing today:

Moneyline Betting

This is also referred to as “straight betting” or a “straight up” bet.

Please Note:
This is the most simplified, typical bet that comes to mind when thinking about Olympics betting in broad strokes. Moneyline betting is placing a wager on the winner of an event, be it a team or an individual.

Let’s illustrate this concept with a women’s basketball game example. The odds will be written accordingly:


The favorite, or the team/individual that is pegged to win, is indicated by a negative sign (-). It will always reflect the amount of money that the player must wager to win $100. The underdog will be indicated by a positive sign (+) and reflects the amount of money that a player will win if they bet $100.

In the case of our example:
A player will need to bet $100 on the favorite, who is likely to win in the first place, and most likely rake in $110 for their wager. On the other hand, if a player wagers $100 on the underdog, they could potentially make out like a bandit in the event there is an upset, and the dog pulls off a victory. They would be $125 richer for their risk if all pans out well!

Point Spread

The point spread is designed to get bettors to place wagers on both the favorite and the underdog. This is done by placing an artificial handicap on the favorite. Let’s look at our example once more:

USA -5.5
France 5.5

In this scenario, the US is the favorite and France is the underdog. If bettors place their wagers on the US, it can only be won if the US defeats France by 6 or more points. Bettors who place their wager on France would win in the event if they outright win against the US or lose by 6 or more points or less.

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FAQs About Betting on the 2021 Tokyo Olympics

Here are some of the most common questions you may have regarding the Tokyo Olympics 2021:

The Tokyo Olympics commence on Friday, July 23rd and culminate on Sunday, August 8th.

Japan will be the gracious host of the 2021 Olympic Games.

Yes, the 2021 Olympics are on! They will be hosted in Tokyo, Japan, and are expected to run from Friday, July 23rd through Sunday, August 8th.

As per the International Olympics Committee, baseball/softball, karate, skateboarding, sports climbing, and surfing have been added to the 2020 Tokyo Olympics program.

There are a ton of great real money betting sites where you can place bets on the 2021 Tokyo Olympics. However, the best Olympic sportsbooks are included in this review: BetUS, MyBookie, BetOnline and SportsBetting.ag.

Fans are no longer allowed to attend the Olympic Games in Tokyo. Due to the world health crisis, holding the games without fans or spectators was the least risky way to continue the event. The Olympics will still be televised and streamed online for audiences to watch.

Three of the best sports to place wagers on, particularly for American medals, are the Women’s 200-meter race, Olympics Basketball, and Freestyle Swimming.

It is completely legal to bet on the Olympics, providing you are using an online sportsbook that can legally accept wagers from players in the US. The great news for you is that all sites listed in this review are safe for betting on the Olympics.

It is a popular consensus that the most-watched sports during the Summer Olympic games are track and field, swimming, and gymnastics.

Currently, the United States is slated to bring home the most gold medals at this year’s Olympics Games in Tokyo.

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