How To Bet On The 2020 Summer Olympics in the USA

The Olympics, and especially the Summer Olympics, are one of the biggest worldwide athletic events of every four years.  The 2020 Summer Olympics were postponed a year due to the covid-19 pandemic, but the Olympics will still be branded “Tokyo 2020” even though the event will take place in 2021. The Olympics opening ceremony is set to take place this Friday, July 23rd and the games will run until the closing ceremony on August 8th.  That’s two weeks of endless athletic action.

The time difference is a bit of an issue for American viewers with Tokyo 13-16 hours ahead of the United States (depending on your time zone). That said, you can watch the Olympics morning sessions in prime time in the US or wake up early for the evening sessions.

There are 339 events taking place in the 2020 Olympics in 33 different sports, but the highlights of the games is sure to be the basketball, swimming, athletics and gymnastics competitions.

Where To Bet On The Olympics

Our top rated sportsbook for Americans looking to bet on the Olympics this year is  BetOnline is one of our top rated betting sites for American residents and they are taking bets on every event at the Olympics Games.

BetOnline is focused on the US betting market and this shows through their bet offerings, deposit/withdrawal options, promotions and customer service.

Bet Now
  • Accepts players worldwide
  • Competitive betting lines
  • Fast & easy deposits and withdrawals (including Bitcoin)
50% up to $1000

How To Bet On The Olympics in USA – Step By Step Guide

Now that you know where to bet on the Olympics online here’s a quick three step guide to get you betting on the Olympics this summer.

#1. Open Your Betting Account

First things first.  You’ll need to register at an online betting account to begin.  As I mentioned above is our top rated sportsbook for Americans interested in betting on the Olympic Games.  They are focused on the US betting market and are offering a solid 50% up to $1000 sign up bonus to new players.  They also are offering betting lines for every sport throughout the Olympics, so you can bet on the most main stream to the most obscure events at the Olympics.  Here’s a full review.

Click here to visit Click ‘Join Now’ and complete the sign up form to open your account.

#2. Deposit Funds

Next up you’ll need to make a deposit so that you have some cash money to wager on these Olympics sports.  BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, Skrill, Neteller, and various other deposits from Americans.  These are all very easy deposit methods because BetOnline goes out of their way to ensure Americans can deposit and withdraw easily from the site.

Also, remember that BetOnline is offering a 50% up to $1000 first deposit bonus to new sign ups.

Log into your BOL account, click ‘Deposit’ in the top corner, select your preferred deposit method, and follow the instructions to fund your account.

#3. Place Your Olympics Bets

Now that you have money online it’s time to place your Olympics bets.

Once on the BetOnline website click ‘Sports’ from the top menu bar, open the ‘Other Sports’ drop down menu and select ‘Olympics’. BetOnline has their Olympics events betting options categorized alphabetically to make it easier to find the event you want to bet on.

Select the odds of the bet you want to make, enter your risk amount on the Bet Slip and click ‘Place Bet’ to lock in your wager.

To learn more check out our dedicated betting on the Olympics page with all of our picks articles.

Ready to bet?  Click here to visit

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