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Olympic Basketball Betting Odds For Paris 2024

As the betting odds are unveiled, many enthusiasts are delving into the Olympic basketball betting scene for Paris 2024, often without a clear understanding of how to navigate these waters.

Sports betting, while legal in numerous regions, varies in availability. Our aim is to equip you with a foundational understanding of basketball events at the Paris Olympics and guide you through the process of betting on these games. We’ll discuss the legality of betting, how to get started, and the basic rules of Olympic basketball events, all without overwhelming you with details.

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The US men’s basketball team is eyeing their fifth consecutive gold medal at the 2024 Summer Olympics in Paris. They’re already leading the betting charts as the top contender, with odds expected to evolve as the event draws nearer. The betting landscape for Olympic 5×5 men’s basketball includes a variety of wagers, from individual game outcomes to player performance predictions, future bets, and more. Bookmark this page for real-time updates on the team’s roster and their schedule for the upcoming Summer Games and all related events in 2024. Additionally, we’ll guide you through selecting the best Paris Olympic basketball betting platforms and highlight sportsbooks offering exceptional bonuses for new users.

Does Team USA Lead the Charge for Basketball Gold in Paris 2024?

Without even announcing their roster, the United States has emerged as the frontrunner for the gold medal in Men’s basketball at the Paris 2024 Olympics. Despite a setback against Canada for the bronze at the 2023 FIBA World Cup, betting circles still see the US as the team to beat in the upcoming Olympics. This optimism is partly due to the buzz created by Lebron James’s commitment to the team, alongside other basketball luminaries.

With a lineup featuring stars like Steph Curry, LeBron James, Kevin Durant, Chris Paul, and Jayson Tatum for 2024, the US team’s favored status is understandable.

Can You Legally Wager on the US Men’s Basketball Team in 2024?

Betting on the Men’s Olympic basketball team for Paris 2024 is permitted across all states. Platforms such as Parimatch and GGBet welcome bets from US players, and various states also host physical sportsbooks. Even without state-regulated betting markets, platforms like Betwinner offer a legal, secure betting environment, thanks to their international licenses and regulations.

Odds for Men’s Basketball at the Paris Olympics

The initial betting lines for basketball at the Paris Olympics place the United States as the front-runners, while the team that clinched the silver in 2021 holds the fourth most favorable odds. As the tournament approaches, these odds may vary, yet it’s anticipated that Team USA will retain their leading position up to the start of the games. Additionally, keep an eye on unique betting options for the men’s team in the 2024 Olympics, including individual player bets, the likelihood of Team USA securing an undefeated run, and other exciting prospects.

Understanding the Game's Regulations

Olympic basketball rules diverge from NBA regulations, adhering instead to FIBA guidelines. Game durations are shortened to four 10-minute quarters, totaling 40 minutes instead of the NBA’s 48. The three-point boundary is drawn at 6.75 meters (approximately 22 feet), and the painted area extends diagonally from the hoop. These modifications aside, standard basketball principles regarding scoring, fouls, and free throws remain consistent.

The 3×3 variant is a brisk affair, concluding either after 10 minutes or once a squad hits the 21-point mark. Scoring is simplified to twos and ones, rewarding sharpshooters with a significant edge, and every free throw counts for a single point.

Placing Bets on 2024 Paris Olympic Basketball

A wide array of betting options is available for the 2024 Men’s Olympic basketball games, with the most popular being game lines. Bettors in the US have their pick of online betting platforms, such as Parimatch and GGBet, where registering is quick, requiring minimal personal details. Funding options include credit/debit cards and Bitcoin, facilitating straightforward bets on Olympic basketball. Available betting categories include:

  • Moneyline: Selecting the match victor
  • Spread: Wagering on whether the favorite or underdog will surpass a predetermined margin
  • Total: Predicting whether the final score will exceed or fall short of a specific point total
  • Player Props: Speculating on individual player statistics like assists, points, and rebounds
  • Game Props: Betting on match specifics, including which team scores first or the total fouls committed
  • Futures: Early bets on outcomes like Team USA clinching gold
  • Same Game Parlays: Merging various player stats into a single wager

Tip: Utilize Parimatch’s Prop Builder for a straightforward method to compile player prop parlays, combining statistics like points, assists, and rebounds into one bet for the 2024 Paris Olympics basketball.

Quick Facts On Olympic Basketball – Paris 2024

Professional athletes were first permitted to compete in the Olympics starting with the 1992 Games.
This rule change led to the assembly of the "Dream Team," featuring NBA legends Michael Jordan and "Magic" Johnson.
Out of 19 Olympic basketball competitions, the United States has captured the gold medal on 15 occasions.
The 1980 Olympics stand out as the only time the US Men's Olympic basketball team failed to earn a medal.

Basketball Events Schedule - 2024 Paris Summer Olympics

The basketball events for the Paris 2024 Olympics will take place within the Parisian confines, specifically at the Bercy Arena. Constructed in 1984, this architecturally distinctive pyramid-shaped venue can accommodate up to 15,000 fans. Over the years, Bercy Arena has been the site for major events, including European women’s handball championships and the Rolex Paris Masters, besides hosting concerts by global icons like Madonna and Paul McCartney.

Date Event
July 27 – August 4 Preliminary Round (TBA)
August 6 Men’s Quarterfinal #1-#4
August 7 Women’s Quarterfinal #1-#4
August 8 Men’s Semifinal #1-#2
August 9 Women’s Semifinal #1-#4
August 10 Men’s Bronze Medal Game/Men’s Gold Medal Game
August 11 Women’s Bronze Medal Game/Women’s Gold Medal Game

Paris 2024 - Men's Basketball Odds

USA
-240
Canada
+600
Germany
+900
Spain
+1600
Serbia
+400
France
+800
Australia
+1400
Slovenia
+2000