- The United States is expected to win the most gold medals in Paris with -850 odds.
- Outside of China (+400), no other country’s odds compete.
- The US dominance in athletics and swimming sets up the country for another leaderboard finish.
PARIS - With the opening ceremony just over five months out (July 26), the focus on Olympic betting odds is coming back into focus. While World Championships and Olympic qualifiers are in full effect, only one betting odds has hit Olympic betting sites so far.
Odds For Most Gold Medals Paris 2024
- USA -850
- China +400
- France +8000
- Japan +8000
- Great Britain +8000
- Australia +25000
- Germany +25000
- Netherlands +25000
- Italy +50000
- Brazil +100000
- Canada +100000
- South Korea +100000
- Spain +200000
*Olympics betting odds taken from Bovada
The odds for the most Olympic gold medals in 2024 have the United States as a heavy favorite. With -850 odds, one would need to risk $8.5 for every dollar won. In other words, a bet of $85 on the US to win the most gold medals would pay out $95 ($85 bet + $10 winnings).
This expensive bet makes sense, as the United States being dominant in athletics and swimming creates an excellent upper hand.
Sports With The Most Gold Medals
| Athletics (Track and Field) | 48 |
| Swimming | 35 |
| Wrestling | 18 |
| Shooting | 15 |
| Rowing | 15 |
| Judo | 15 |
| Boxing | 13 |
The US has led the Athletics gold medal count every year. In fact, you have to go back to 1980, when the United States led a boycott of the Summer Olympic Games in Moscow to find the last time the US didn't finish atop the gold medal table for track and field.
As for swimming, it's a similar story. The 1988 Olympics in South Korea was the last time the US didn't finish with the most gold medals in swimming. But, 2020 was a challenge for the US, as it was the first time on their run that they didn't have at least five more gold medals than the next country. With a strong swimming focus from Australia, Canada, Great Britain, and China, the swimming events may hold the US back.
Still, the US has been dominant over the last few Olympics, gaining the most gold medals every year since 1992 when Unified Team - a joint group of former Soviet republics - beat out the US by eight.
| Year | Most Gold Medals | Second Most | Third Most |
|---|---|---|---|
| 2020 | United States (39) | China (38) | Japan (27) |
| 2016 | United States (46) | Great Britain (27) | China (26) |
| 2012 | United States (48) | China (39) | Great Britain (29) |
| 2008 | China (48) | United States (36) | Russia (24) |
| 2004 | United States (36) | China (32) | Russia (28) |
| 2000 | United States (37) | Russia (32) | China (28) |
With 329 gold medals up for grabs, the Olympic calendar is full of action. With the addition of break dancing, sport climbing, skateboarding, and surfing, the IOC hopes to grab the attention of a younger demographic.
What Will The Paris Olympic Gold Medals Look Like?
One fun fact about the gold medals for Paris 2024 is their design. The medal comes from iron girders on the Eiffel Tower, which were replaced during renovations and refurbishments. France's mint, the Monnaie de Paris, is responsible for the creation of the medals which feature Nike, the Greek goddess of victory on the back. She is seen running forward with the Eiffel Tower on one side and the Acropolis on the other.
Similarly, the medals for Paralympic athletes have "Paris 2024" stamped in braille in a shot from under the Eiffel Tower.