Olympics Football Betting Guide, Expert Analysis & Tips

Olympics Football Betting Guide, Expert Analysis & Tips
© PA

Quick Tips:


With the new Premier League season still more than three weeks away, those looking for their football fix could do far worse than the Olympics.

The Tokyo games might not represent the pinnacle of world football, as they do for many other sports. But Olympic football has a rich history, dating all the way back to the second edition in 1900, and Olympics football betting should excite punters.

It was Uruguay’s success in 1924 and 1928 that convinced FIFA to launch a World Cup open to professionals and amateurs alike. The Olympics therefore played an integral role in the development of the international game.

Needless to say it is no longer as important as it once was, and ranks behind continental competitions such as the European Championship, Copa America and Gold Cup that have also taken place this summer.

It is still an intriguing tournament, though, in large part because of a rule change in 1992 that required all participants to be under the age of 23. Three exceptions per squad have been permitted since 1996, while the age limit has been extended to 24 for Tokyo 2021 due to the pandemic-induced postponement.

Still, the Olympics is often the place to go to catch a glimpse of up-and-coming talent, as the recent examples of Samuel Eto’o (2000), Lionel Messi (2008), Neymar (2012) attest.

The men's Olympic football action begins on Thursday, when all 16 teams – four from Europe, four from the Americas, four from Asia, three from Africa and one from Oceania – will take to the field.

Olympics Football Betting - Men’s Tournament Odds

TeamOddsBet With
Spain2/1Boylesports
Brazil11/4Boylesports
France6/1bet365
Argentina9/1bet365
Germany10/1bet365
Japan11/1Paddy Power
South Korea16/1888sport
Mexico20/1bet365

Spain’s Strong Squad Makes Them Olympics Football Betting Favourites

The 2020/21 domestic season was the most congested in living memory, and the European Championship followed hot on its heels. Spain reached the semi-finals under Luis Enrique, and were only narrowly beaten on penalties by eventual winners Italy. But in spite of an unprecedented workload over the last 15 months or so, six Spain players who appeared at Euro 2020 will also be present at the Tokyo games.

The availability to manager Luis de la Fuente of Pedri, Pau Torres, Eric Garcia, Dani Olmo, Unai Simon and Mikel Oyarzabal makes it easy to see why Spain are listed as 9/4 favourites with Boylesports to win gold. Dani Ceballos, Marco Asensio and Mikel Merino provide further quality as overage players, while it is also worth keeping an eye on Tottenham Hotspur-bound Bryan Gil and Valencia’s Carlos Soler.

Spain should have little trouble negotiating Group C, which also contains Egypt, Argentina and Australia. There is a good chance of a quarter-final against Brazil or Germany, but the strength of Spain’s squad means they should not fear anyone.

Holders Brazil Taking Olympics Seriously Again

Brazil went all-out to win gold at the last edition of the summer games in 2016. That was in part because the Olympics were being held on home soil in Rio de Janeiro, but also due to the fact that Brazil had never won the men’s tournament before. Victory at the Olympics would in effect ‘complete the set’ for the Selecao.



A group containing Neymar, Gabriel Jesus and Marquinhos did indeed triumph, albeit via a narrow penalty shoot-out victory over Germany in the final. To the surprise of some, Brazil are once again taking the Olympics seriously this time around, despite having already got this particular monkey off their backs.

The 38-year-old Dani Alves will captain a team featuring Ajax forward Antony, Arsenal’s Gabriel Martinelli, Everton frontman Richarlison and Aston Villa midfielder Douglas Luiz, among others. At 5/2 Brazil look like an excellent bet.

France and Germany Weaker Than They Could Be

Olympic football is an official FIFA event, but unlike competitions such as the World Cup, the European Championship and the Copa America, clubs are not obliged to release players called up by their national teams. It is for that reason that both France and Germany are much weaker than they might otherwise have been.

France’s squad for Tokyo 2021 contains just one player from PSG, for example, and that has to be taken into account for your Olympics football betting strategy. Houssem Aouar, Jonathan Ikone, Eduardo Camavinga, Dayot Upamecano and Ibrahima Konate are all eligible and did not take part at Euro 2020, but none are in Japan. Enzo La Fee and Nathanael Mbuku are talented prospects, and Andre-Pierre Gignac and Florian Thauvin are useful overage call-ups. France (6/1) are also on the easier side of the draw, but it is hard to see them going all the way at the Tokyo games.

Ditto Germany, whose squad does not feature a single player from either Bayern Munich or Borussia Dortmund. Available at 10/1 with bet365 to win gold, the Germans might even struggle to get out of a tough Group D.

BrandFree Bet ValueLoyalty ProgrammeFree Bet ExpiryBonusVisit Site
30 Yes 7 Days Bet £10, Get £30 Welcome Bonus + £10 Casino Bonus
Min deposit £/€/$10 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 • Min odds 1/2 (1.50) • Free Bets are credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes are not included in returns • Casino Bonus must be claimed within 7 days, wins are capped at £/€/$500 • To withdraw bonus/related wins, you must wager the bonus amount up to 40 times its value within 14 days • Casino Bonus expires after 60 days • Casino Bonus can be used on selected games in casino only • Restrictions apply to withdrawals, payment methods & countries & full T&Cs apply
10 Yes 14 Days Bet £20, Get £10 Free
18+ New Customers Only. Max £10 freebet token. Qualifying bets must be placed at odds of 1/1 or greater. Paid as bonus token with min 4/5 req. Skrill, Neteller & PayPal are not eligible. T&CS apply. 18+.
10 Yes 7 Days Bet £10 Get 20£ in Free bets
*New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets bets won’t apply. Payment method restrictions. Available 12:00, 4/5/2021 until 11:59, 11/5/2021. One Free Bet offer per customer, household and IP Address only. 18+. T&Cs apply

Japan Hope Home Advantage Has An Impact

If neither Spain nor Brazil wins gold, Japan at 11/1 looks like a decent value bet with Paddy Power. Home advantage should work in their favour, although with the Japan summer Olympics being held behind-closed-doors, perhaps it won't be as crucial as as it would have been if fans were allowed to attend matches.

Still, overage players Maya Yoshida, Wataru Endo and Hiroki Sakai are all regulars for the senior national team, while Bologna centre-back Takehiro Tomiyasu could be on his way to one of Europe’s biggest clubs this summer. Real Madrid winger Takefusa Kubo is another youngster to keep an eye on at these Tokyo games.



Argentina, available at 9/1, are unlikely to follow up Copa America glory with Olympic football gold. In comparison to the victorious squads they sent to the summer games in 2004 and 2008, this Argentina group is nowhere near as gifted. Individuals such as Fausto Vera, Alexis Mac Allister, Thiago Almada and Nehuen Perez could make an impression, but reaching the semi-finals would be a good achievement for this side.

It could be worth a small wager on South Korea at 16/1. Kim Hak-bum’s side have been drawn in a relatively straightforward group alongside Romania, New Zealand and Honduras; a quarter-final against arch-rivals Japan is a distinct possibility. Valencia schemer Lee Kang-in will be pivotal to South Korea’s chances of success.

BrandIn-Play SportsCash Out In-PlayIn-Play MultisLive StreamingVisit Site
16 Yes Yes Yes
31 Yes Yes Yes
40 Yes Yes Yes

Tokyo 2021 Olympics Women’s Football Tips

The USA Women's side entered the Tokyo games on an incredible 44-game unbeaten streak and are always regarded as the team to beat in women's football. But their shock 3-0 defeat to Sweden in their group opener must be factored into our Olympics football betting strategy.

Sweden stunned the perennial favourites at the quarter-final stage in Rio de Janeiro five years ago and saw their odds slashed to 11/2 with bet365 after they repeated the trick this time around.

The Netherlands look to be the value play at 5/1, however. They hammered Zambia 10-3 in their opening game of Tokyo 2021 and the European champions have proven themselves as one of the top teams in the world in recent years.

The Dutch got the better of Sweden at the 2019 World Cup and have not been beaten by the Swedes in their last four meetings, so they would be fancied again against the Scandinavian outfit.

Team GB are also priced at 5/1 and beat Chile 2-0 in their opening game. But their preparations were hampered by a cancelled warm-up fixture against Zambia and the squad is mainly made up of players from the English national side, who haven't set the world alight in recent years.

Dutch Arsenal star Vivianne Miedema opened the tournament with four goals in the first game and Barcelona hotshot Lieke Martens netted a brace for the Netherlands. That pairing has the ability to terrorise any defence in the competition and with the US looking unlikely to provide any value at 11/10, the Dutch could be the team to back.

Recommended Betting Sites

shield of trust Secure trusted partners Trusted star verified Verified
  1. Bet £10, Get £30 Welcome Bonus + £10 Casino Bonus Promo Code: 30BF

  2. Bet £10 , Get £20*

  3. Bet £10, Get a £20 Free Bet

    18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply 18+. New customers only. T&Cs apply. Begambleaware.org Visit Site
  4. Open Account Offer - Up to £100 in Bet Credits for new customers at bet365

  5. Bet £10, Get 2x in £10 Bets

  6. Welcome Offer up to 200% Deposit Bonus Up To £100 Promo Code: SPORTS100

    18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply Valid for new UK customers registered from 14/06/2021. Deposit using code SPORTS100. Wager your deposit 5x on sports to release Bonus. Wager bonus 10x turnover at 1.6 minimum odds to convert to cash. Max wager contribution £25 per bet. Max Bonus funds conversion to cash is £250. Visit Site
  7. Bet £10 get £20

    18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply 18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply Visit Site
  8. Get up to £100 in Free Bets + up to 100% in Boosts

    18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply New users who registered through a specific link on or after 05/02/2021 only. Make a first deposit of £20 to £100 to receive free bets matching deposit. If your first deposit is £50 to £100 then you will also receive up to 100% in odds boosts. Free bets credited as four equal free bets. For example, if you deposit £40 you will receive four locked £10 free bets. Free bets unlocked when qualifying sports bets equal to free bets are placed and settled within the qualifying period of 7 days. Using the above example, every time qualifying bets totaling £10 is settled, a free bet will be unlocked. 18+. Gamble responsibly. www.begambleaware.org Visit Site
  9. Bet £10, Get £10 + 50 Extra Spins

  10. Bet £20, Get £10 Free

    18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply 18+ New Customers Only. Max £10 freebet token. Qualifying bets must be placed at odds of 1/1 or greater. Paid as bonus token with min 4/5 req. Skrill, Neteller & PayPal are not eligible. T&CS apply. 18+. Visit Site
Advertiser Disclosure
Every online gambler deserves a safe and fair place to play. Our mission at Gambling.com is to create a safe online environment for players through free, impartial and independent reviews of the UK's best online gambling companies so that you can play with confidence and security. All ratings and reviews are made independently of the operator by our team of gaming experts and with every company being fully UK licensed they can be trusted to offer fair play. We accept compensation from the companies advertised on this page and this may affect the brand positioning. We endeavour to continuously update this list so we can bring you the most current sites and the best available offers but we cannot review every site in the market.

Betting Strategy Articles

DISCLAIMER: Online Wagering is illegal in some Jurisdictions. It is your responsibility to check your local regulations before playing online. GDC Media Ltd takes no responsibility for your actions.
© 2011-2021 GDC Media Limited. All Rights Reserved. Gambling.com is a registered trademark of GDC Media Limited.
Terms and Conditions  |   Privacy Policy

Asset 4 Android GET IT ON facebook Download_on_the_App_Store_Badge_US-UK_RGB_blk_4SVG_092917 twitter
×