The Olympic medal table odds for Paris 2024 paint a familiar picture – Team US is favored for both the overall and gold medal count ahead of China!
The top Olympic betting sites don’t trust other countries much, which is easy to understand. The superpowers will likely again win the lion’s share of the honors.
329 medals are expected to be awarded across 32 sports from July 27 to August 11. Check out my analysis of the top contenders and explore my Olympic medal predictions for Paris 2024 if you’re interested in the medal count odds!
2024 Paris Olympic Medal Table Betting Odds
There are two separate medal betting markets available for the 2024 Summer Olympics. The first wager pertains to which nation will capture the most gold medals in Paris.
Additionally, sports betting sites have Paris Olympics medal table odds on the total cumulative count! Let’s evaluate the prices for each prop bet.
Paris 2024 Most Gold Medals Odds
The following 2024 Olympic medals betting odds are courtesy of Bovada:
| COUNTRY | ODDS |
|---|---|
| USA | -850 |
| China | +400 |
| France | +8000 |
| Great Britain | +8000 |
| Japan | +8000 |
| Australia | +25000 |
| Germany | +25000 |
| Netherlands | +25000 |
The United States (-850) is a heavy favorite to win the most gold medals at the 2024 Summer Olympics. The Americans have a lofty probability of 89.5% to collect the most gold medals at Paris 2024!
With such high expectations, the pressure is on Team USA to perform at a high level. China (+400) is the only country remotely in the same vicinity of the United States. This price an implied probability of winning the most golds of 20%.
Summer Olympics 2024 Most Medals Odds
| COUNTRY | ODDS |
|---|---|
| USA | -2500 |
| China | +1100 |
| Great Britain | +5000 |
| Japan | +6600 |
| France | +10000 |
| Australia | +15000 |
| Italy | +15000 |
| Germany | +25000 |
As expected, Team USA (-2500) is an overwhelming favorite to win the most medals. The best sports betting sites are even more confident in the country when it comes to the overall count.
The oddsmakers give Team USA an implied probability of 96.2% to win the most medals in France! Let’s dissect the favorite next to see why.
Team USA – Will The USA Make It Look Easy?
According to Team USA’s Olympic medal count odds, they should cruise to the most gold and total medals. Historically, the United States has run through the Summer Olympics.
Team USA leads the all-time Summer Olympics medal count with 2,655 medals since Athens 1896. That number includes 1,070 gold, 841 silver, and 744 bronze. The Soviet Union, which had a heated rivalry with the US, is second with 1,010 medals.
The Americans won at Tokyo 2020, but still had what many would consider a mediocre campaign. They captured 113 medals to finish well ahead of China’s 89. However, 39 gold medals was only one better than China’s 38!
It was a close call, but the U.S. prevailed for their eighth straight Summer Olympics with the most medals won. The Unified (the team of the dissolved Soviet Union) team in 1992 was the last country to win more total medals than the U.S.
Team USA’s dominance was also shaken at Beijing 2008, where they grabbed only 36 golds to China’s 36. Let’s see what the country will offer in Paris to figure out whether a surprise is possible.
Team USA Top Sports At Paris 2024
The United States should continue to exert its dominance in track and field. Noah Lyles is expected to shine for the men’s track team. Grant Holloway is one to watch in the hurdles, while the relay team is projected to perform well.
100m World Champion Sha’Carri Richardson’s redemption tour is expected to go through Paris. She will be a central athlete of Team USA at the 2024 Summer Olympics.
On the gymnastics team, Simone Biles will be another closely watched female athlete, as she looks to enter retirement with a gold. The women’s gymnastics team isn’t the powerhouse it used to be, but they’ll be competitive in the team event.
The United States will find gold in the pool, as well. Canada’s Summer McIntosh is expected to put a dent in Katie Ledecky’s reign, but the Americans should easily take the most golds and medals overall in swimming.
Also, as a heavy favorite to win gold in men’s and women’s basketball, those are two strong opportunities for Team USA. I expect a total of roughly 120 medals, with 40+ of them gold.
Team China – Can The Chinese Rise Above Recent Doping Scandal?
Only two months ahead of Paris 2024, the Chinese swim team is embroiled in a drug scandal involving multiple athletes from the Tokyo 2020 squad. 23 members of the Chinese swim team tested positive for trimetazidine (TMZ).
Roughly half of China’s swim team won medals, including three golds. China has confirmed the reports, though the small amount of TMZ in their system didn’t warrant any punishment. In 2022, three-time Olympic champion weightlifter, Lu Xiaojun tested positive for banned drugs.
Nonetheless, China’s success in the Summer Olympics can’t go unnoticed. Over the last two decades, the United States and China have consistently finished at the top of the medal table.
Overall, the Asian powerhouse has won 900 medals, including 384 golds in Olympic history. At Tokyo 2020, China improved with 38 golds, 12 more than the 26 won in Rio.
Team China Top Sports At Paris 2024
The Chinese diving team will find great success. As usual, the country brings a talented group of divers, who strive for perfection and nothing less. The diving team won a whopping 12 medals, including five golds at Tokyo 2020.
🇨🇳 People’s Republic of China awarded as the best #Diving team of the World Aquatics Championships Doha 2024 🤩 #AQUADoha2024 pic.twitter.com/1dzdK3tsKk
— World Aquatics (@WorldAquatics) February 10, 2024
Although China is in the midst of a doping scandal, the swim team is a threat, too. Additionally, I expect the table tennis team to continue to rack up the medals. It won’t be Ma Long, though, as the 35-year-old table tennis legend was left off the roster after winning gold in Tokyo.
Weightlifting is another event to watch the Chinese athletes in after the nation has developed into a weightlifting factory. This year shouldn’t be any different. Where China struggles in the Olympics is in track and field, which includes a large number of events.
I expect a respectable 90 medals or thereabouts for my Olympic 2024 medal predictions for China. However, they should fall well short my Team USA’s estimation for 110 medals.
2024 Olympics Medal Table Predictions and Best Bets
The United States and China will finish No. 1 and No. 2 at Paris 2024. The Summer Olympics 2024 medal table odds appear correct. I expect France to perform well on home soil, but Team USA and Team China are well-equipped with the most talented athletes.
Based on the sheer volume of potential medal winners, the U.S. and China are on a different planet. The American team is expected to feature over 500 athletes, while China will send roughly 400 contestants to Paris 2024.
China’s success at Paris 2024 is fairly predictable, in that they’ll win the events they have a lopsided advantage. Other nations are fighting for the silver and bronze medals in most diving events. Weightlifting, table tennis, gymnastics, and badminton should favor them as well.
However, track and field and swimming should significantly swing in favor of Team USA. The athletics program includes 48 events alone, while swimming will feature 35 events at Paris 2024. That accounts for a quarter of the 2024 Summer Olympic competitions.
Backing the US would generate a modest return, but it’s hard to justify a different bet. The Americans should comfortably clear China in gold and total medals. Even when they didn’t have their best effort at Tokyo 2020, they finished first, so I expect more in Paris.
The Olympic medal count odds for the total honors are too low, but the price for Team US winning the most gold medals still works.
Where To Bet On The Paris 2024 Medal Count?
In anticipation of the Olympics, Bovada has Paris Olympics 2024 medal table betting available now. Do you agree that Team USA will run away with the most medals in Paris?
You can bet on your favorite at Bovada! In addition to odds on the Olympic medal table, Bovada will cover multiple events from Paris 2024.
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