Sports

2024 Olympic soccer odds: Spain favored; USWNT close second

Women’s Olympic Tournament
Updated Jul. 26, 2024 12:56 p.m. ET

The 2024 Summer Olympics are here, and bettors are enthusiastic about backing their favorite women’s soccer teams.

Currently, the USWNT is second on the board at +220 to capture the gold medal in Paris. Those odds moved from +175, even after the team defeated Zambia 3-0 in its opening match of the Games.

Emma Hayes was named Team USA’s new coach back in November. In one of her first major decisions, she selected an 18-player roster, which excluded longtime veteran Alex Morgan.

First on the board is Spain at +160, whose odds moved from +200 after defeating Japan 2-1. As Spain goes for gold, it’s worth noting that August will mark the one-year anniversary of the country’s World Cup victory.

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Can it strike Paris-gold in 2024 like it did in Australia in 2023?

Let’s dive into the odds via DraftKings Sportsbook for the tournament that kicked off on July 25.

WOMEN’S OLYMPIC SOCCER WINNER: *

Spain: +160 (bet $10 to win $26 total)

USA: +220 (bet $10 to win $32 total)

France: +450 (bet $10 to win $55 total)

Germany: +900 (bet $10 to win $100 total)

Brazil: +1400 (bet $10 to win $150 total)

Japan: +1800 (bet $10 to win $190 total)

Canada: +2000 (bet $10 to win $210 total)

Colombia: +2500 (bet $10 to win $260 total)

Australia: +2500 (bet $10 to win $260 total)

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

Zambia: +10000 (bet $10 to win $1,010 total)

New Zealand: +10000 (bet $10 to win $1,010 total)

* odds as of 7/26/24

FOX Sports soccer analyst Laken Litman wrote about Hayes and the USWNT as they prepared for Paris.

“This will be a massive opportunity for Hayes, coaching in her first major tournament as the USWNT’s head coach,” Litman noted. “In her selection, she included eight players from the 2021 Olympics team, 10 from last summer’s World Cup squad, as well as four who have never represented the U.S. in a major tournament.”

Litman also explained that Hayes is “ushering in a youth movement,” as the USWNT’s average is 26.8 (30.8 was the average age of the Olympic squad that competed in Tokyo in 2021).

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