2024 Olympics odds: USA heavy favorite to win most gold medals in Paris

Summer Olympics

Updated Aug. 5, 2024 1:11 p.m. ET

The 2024 Paris Olympics are nearing a conclusion — but bettors still have time to throw down some cash on the best athletes in the world.

And if you want to wager on which country will win the most gold medals in Paris, there’s also a market for that.

So, which country is favored to win the most golds?

The USA is still the favorite at -480, but those odds have moved from -750 since the Games started.

Can China catch the Americans and win the most gold medals in Paris?

Let’s check out the latest odds at FanDuel Sportsbook.

OLYMPIC GAMES 2024 — MOST GOLD MEDALS: *

USA: -480 (bet $10 to win $12.08 total)

China: +340 (bet $10 to win $44 total)

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

Japan: +12000 (bet $10 to win $1,210 total)

Australia: +19000 (bet $10 to win $1,910 total)

Great Britain: +19000 (bet $10 to win $1,910 total)

Netherlands: +21000 (bet $10 to win $2,110 total)

Germany: +28000 (bet $10 to win $2,810 total)

Canada: +28000 (bet $10 to win $2,810 total)

South Korea: +32000 (bet $10 to win $3,210 total)

Hungary: +50000 (bet $10 to win $5,010 total)

Italy: +50000 (bet $10 to win $5,010 total)

Brazil: +50000 (bet $10 to win $5,010 total)

Cuba: +50000 (bet $10 to win $5,010 total)

* odds as of 8/5/24

As you can see from that betting board, the United States are heavy favorites to win the most gold medals.

Here are a few sports where Team USA is favored to take the top spot on the podium.

Golf

American Scottie Scheffler was the favorite at +310 over the rest of the field. Bettors who backed him cashed in, as Scheffler won gold in Paris and punctuated his already incredible season.

Men’s Basketball

LeBron James, Steph Curry and a host of NBA All-Stars will lead the charge for this squad. Currently, the team is the heavy favorite to win gold at -600.

Women’s Basketball

The women’s team has won gold in every Olympics since the 1996 Atlanta Games. At -3000, they’re heavy favorites to take it all again in Paris.

Women’s Soccer

Unlike the men’s national team, the USWNT is second on the board at +160. They are close behind reigning World Cup champion Spain (+130) to win gold in Paris.

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