2024 Olympic basketball odds: Team USA-France gold medal match set

Summer Olympics

Updated Aug. 5, 2024 2:42 p.m. ET

The 2024 Summer Olympics in Paris are underway, and in basketball, fans and bettors are excited as the knockout rounds are set to begin.

After failing to medal at last year’s FIBA World Cup, Team USA is looking to bounce back in a major way on the world stage by capturing its fifth consecutive Olympic gold medal.

The United States are headlined by LeBron James, Steph Curry and Kevin Durant, and has a combined 13 NBA titles and eight NBA MVP awards.

According to BetMGM, Team USA poses a massive liability at the sportsbook, as 99% of the betting handle is on the men’s team to win the gold medal.

Let’s take a look at the gold medal odds for the 2024 Paris Olympics via DraftKings Sportsbook.

MEN’S BASKETBALL OLYMPIC GOLD MEDAL ODDS: *

USA: -600 (bet $10 to win $11.67 total)

Canada: +800 (bet $10 to win $90 total)

Germany: +800 (bet $10 to win $90 total)

Serbia: +2200 (bet $10 to win $230 total)

France: +4000 (bet $10 to win $410 total)

Australia: +5000 (bet $10 to win $510 total)

Greece: +5000 (best $10 to win $510 total)

Brazil: +30000 (best $10 to win $3,010 total)

* odds as of 8/5/24

The USA got a big scare leading up to the Olympics in one of its exhibition matchups against South Sudan. In a game in which the Americans were favored by 41.5 points, they narrowly escaped, 101-100.

The United States redeemed itself by defeating South Sudan 103-86 in its second game of the Olympic tournament. The USA’s odds shortened to -600 from -550 after the win.

In their first contest of the Paris Games, the men defeated Serbia 110-84.

Team USA closed out the group stage with a 104-83 victory over Puerto Rico, led by Anthony Edwards‘ 26-point effort.

Who’s the most important player for Team USA?

Germany is another team whose odds moved, and like the USA, its roster has several NBA players.

After defeating Japan 97-77, the team’s gold medal futures surged to +1800 from +3000. In the win, Franz Wagner had 22 points, followed by Daniel Theis’ 18 points, Mo Wagner’s 15 points and 13 from Dennis Schroder.

Germany defeated France 85-71 in their group stage finale, shortening their odds to +800.

By earning the top seed, Team USA gets to avoid the two squads with the second-best odds (Germany and Canada), as well as, Victor Wembanyama and host nation France, until the gold medal game.

U.S. coach Steve Kerr is pleased with Team USA’s ability to adjust on a game-by-game basis.

“The guys, I think, are well prepared for it,” he said. “They’ve done a great job of not only preparing on the floor but adapting to these weird circumstances of having 12 starters in the NBA adjust to being a 12-man team here and some guys playing certain nights, not playing other nights. They’ve all really committed to the goal. And the goal is within sight now.”

Next up for the United States men’s team is a matchup against Brazil on Tuesday, August 6. If they advance to the semifinals, the winner of Serbia and Australia awaits on Thursday, August 8.

The Gold Medal game takes place on Saturday, August 10.

So are you backing Team USA to win the gold medal in Paris?

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