Can You Bet On The Tokyo 2020 Olympic Games? In Colorado You Can

Written By Ian St. Clair on 07/09/2021 - Last Updated on July 19, 2021
2021 Summer Olympics betting

Two weeks from today, the Opening Ceremony will take place in Tokyo.

Thanks to COVID-19, the 2020 Summer Olympics are in 2021. Though, according to the Olympics website, it’s still officially called the Tokyo 2020 Olympic Games.

The Olympics were postponed last year due to the pandemic.

And as you’ve probably noticed, the Olympics are in the news this week given the current state of emergency due to COVID-19 in Japan. No fans are allowed to attend the events.

At least for now, the Summer Games are still on. They will take place from July 23 to Aug. 8, though there are few preliminary events scheduled before the Opening Ceremony.

Betting on the Summer Olympics in Colorado

That leads to a question some have likely asked: Can you bet on the Olympics in Colorado? When it comes to Colorado sports online betting, you can. On just about every sport under the sun. Though there are exceptions. According to the Colorado sports betting catalog, if the books want to offer gymnastics, they’re limited to artistic and rhythmic. That’s due to the fact gymnastics is a judged event and regulators tend to shy away from those markets given they are subjective.

Though in Michigan, bettors can place a wager on a judged event. Time will tell if Colorado pivots on the gymnastics betting front in the years to come. The state has proven to be a little more liberal on the sports betting front since the launch in 2020.

Aside from that, just about every sport you want to bet on is available at DraftKings Colorado sportsbook.

List of Summer Olympic events you can bet on in Colorado

Here’s the list of Summer Olympic events you can bet on in Colorado. The sportsbooks may not offer all of these events, this is just what the state allows:

  • Archery
  • Badminton
  • 3v3 basketball
  • Basketball
  • Beach volleyball
  • Canoeing/kayaking
  • Climbing
  • Diving
  • Equestrian
  • Fencing
  • Field hockey
  • Golf
  • Gymnastics (artistic and rhythmic)
  • Handball
  • Judo
  • Karate
  • Road cycling
  • Rowing
  • Rugby Sevens
  • Sailing
  • Shooting
  • Skateboarding
  • Soccer
  • Softball
  • Surfing
  • Swimming
  • Table tennis
  • Taekwondo
  • Tennis
  • Track cycling
  • Track and field (also called “Athletics”)
  • Trampoline
  • Triathlon
  • Volleyball
  • Water polo
  • Weightlifting
  • Wrestling

As the Olympics approach, books will likely increase the markets that you can bet on. As well as odds boosts, promotions and prop bets.

Medal count betting markets

Of course, one of the popular betting opportunities centers around the medals. After all, the chance to win the gold is what makes the Olympics so special.

The WilliamHill online Colorado sportsbook has markets for USA total gold medals and total medals.

The current odds for U.S. gold medals sits at over/under 43.5, both at -115. All odds are subject to change.

As for total U.S. medals, the current odds are over/under 111.5, both at -115.

In terms of the race for most medals, the sportsbook has the U.S. as the favorite (-900), followed by China (+600) and Russia (+2,500).

The U.S. is also the favorite for most gold medals (-700), followed again by China (+450) and then host country Japan (+2,500).

The Olympics could provide Colorado bettors with some good opportunities during this slow time in the wide world of sports. That’s true from both an entertainment and betting perspective.

Photo by AP / Charlie Neibergall
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Ian St. Clair

Ian is an award-winning sports journalist and a University of Northern Colorado graduate. He’s a Colorado native and has over a decade of experience covering college and professional athletics. He broke into the gambling industry right as Colorado launched legal sports betting in 2020. Ian now manages the sites for some of the biggest gambling markets in North America and is an analyst for PlayColorado.

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