Winter Olympic Betting Tips
Betting Tips on Odds for Winter Olympics
Odds on Futures for Winter Olympics are single wagers placed on the outcomes of events to be determined in the future.
Example: Who will win the Most Gold Medals? Odds are posted for each sporting event on men and women.
Many bettors do not believe they have enough of a bankroll to tie up their funds for months at a time betting futures, but those bets can be very profitable. For example, bettors who took the St. Louis Rams to win the Super Bowl at the start of the 1999 NFL season were getting them as high as 300/1.
If you think one particular team is going to have a real opportunity, analyze it before the Winter Olympics and you might see some value there and choose to bet on that team, especially if they are not one of the favorites.
The lines on heavy favorites won't move much early in the Olympics so you can probably wait a little while to make sure you don't get stung with a big injury in the early weeks. You may even get lucky with a good team that struggles early and get some extra value when their odds to win rise.
Be careful betting good teams early. Lots of people jump on the bandwagon and the odds can be driven way down.
The odds for Winter Olympics on futures bets depend almost entirely on action at the book in question, so the lines will vary widely. Also, be sure to check your team's immediate schedule before betting. If they have three really tough games coming up that you think they might struggle with, you might want to hold off and see if you can get a higher price. However, if you think they are about to rattle off five straight wins you will want to get your bet in as soon as possible.