Betting on the Olympic Games Online

As already mentioned, the sporting events held as part of the Olympics are numerous and cover many disciplines. The total number of sports that make up the Summer Olympic Games will vary each year, sometimes different sports are added in and sometimes they decide to remove a sport. It depends a great deal on the popularity of an event and the number of sportsmen and women that want to take part.

There are no direct financial rewards to winning the event, although being a medal winner at the Olympics carries a great deal of prestige and many medal winners will be able to take advantage of lucrative sponsorship and advertising deals.

The first known version of the Olympic Games dates back to 776 BC and the event takes its name from Olympia, the city where it was first held in ancient Greece. The first modern Olympic Games took place towards the end of the 19th century.

Fourteen countries took part with a total of 241 athletes in 43 different sporting events. Compare this to 2016 when more than 11,000 athletes took part representing more than 200 countries and it is easy to see how the event has evolved in less than 150 years.

In that time there are also other Olympics that have been created. The winter Olympic Games includes specifically winter sports such as skiing and skating. There is also a Paralympics Games equivalent of both the summer and Winter Olympics Games. These games are designed for athletes who have a disability and they always take place a few weeks after the main Olympic Games.

Years without the Olympics

The four year gap between games has always been adhered to but there have been exceptions for unique circumstances. In 1916 the First World War meant that the Games could not take place.

The same applied to the Games in 1940 and 1944 during the Second World War. In 2020 the global Covid-19 pandemic meant that the Games due to be held in Tokyo had to be postponed to 2021.

There are no particular sports betting strategies for the Olympics. While the person placing the bet can take into account the athlete or team's performance in other events, taking part in the Olympic Games is very different and they may not perform as well. Every sporting event is different.

It's also not always possible to monitor an athlete's performance in a previous Games. Some athletes only take part in one and for those who take part in more than one, the four year gap in between means that their performance may not be as good the second time around.

However, one of the best tips for sports betting on the Olympic Games is to consider an athlete's performance in the heats before deciding whether or not to play a bet on the latter rounds such as the semi-final or the final of a particular sporting event. This will show how the athlete is performing and will give more information about their potential as a winner.