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Who Will Win The Gold Medal? Women's Basketball - Tokyo 2020 Olympics Betting Preview
Updated: | First published:
Written by Ryan Leaver, Senior Sports and Betting Editor
The Tokyo 2020 Olympic Games are here, in 2021 – as we know, and for many Americans it is the first Olympics that we can legally place bets on, with plenty of the action set to be on the basketball, both men's and women's alike.
Team USA enter the Tokyo Olympics as the red-hot favorites having won the last five gold medals, winning 40 straight Olympic games in the process.
Now obviously, the results from past Olympics like Athens 2004 don't necessarily reflect how the team will go this time around, but with their betting odds as low as they are, Americans can be pretty confident of another gold for the girls!
RELATED: Men's Basketball - Tokyo 2020 Olympics Betting Preview
Let's get into our outright winner bets for the Men's Basketball tournament ⬇️
Best Olympic Games Betting Promo
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That’s right – you get a DraftKings 100-1 promo for the United States to win a medal in any event at the Olympics. Bet 1 dollar, win $100 – it’s that simple.
Now, when you consider the US is expected to win well over 100 medals at the Tokyo Games – this DraftKings Sportsbook promo is a no-brainer!
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Gold Medal
Women's Basketball Tokyo Olympics Favorites
Team USA to win Gold (-1100)
Bet $100, win $9.09 (😂) at DraftKings Sportsbook
So, as I mentioned above, Team USA are extremely short favorites, to the win the gold medal, with (as above) a $100 returning just $109.9 including your stake!
With that in mind, I'm suggesting that you don't bet on them to win the gold, but instead pick and choose games to bet them at the spread, with the line currently sitting at -31 for game one against Nigeria.
As well as betting on the spread throughout the tournament, I can't stress enough just how good the above from DraftKings Sportsbook is!
Click here to claim the DraftKings Bet $1 to Win $100 Olympic Games Promo.
Check out some Team USA highlights from their last game here👇
Women's Basketball Tokyo Olympics Value Bet
Australia to win Gold (+1500)
Bet $10, win $150 at DraftKings Sportsbook
Next up we have the Australian side, known as the Opals. The Opals are the team with the most recent victory over Team USA, having taken them down 70-67 in Vegas last week.
The Aussies will be without their star in Liz Cambage, but were also missing her when they pulled off the massive victory over Team USA.
READ: This guy simply can't lose on his NBA prop bets lately!
Similarly to the men's team, these Australians won't go down without a fight and should be right in the mix for at least a bronze or silver medal come the latter stages of the tournament.
Check out the highlights of Australia's recent dub over Team USA here👇
Women's Basketball Tokyo Olympics Dark Horse
France to win Gold (+1900)
Bet $10, win $190 at DraftKings Sportsbook
With the USA team such likely winners, it may seem crazy to be looking this far down the board, but frankly, it would be even crazier to not sprinkle some money on a few teams around this range!
Australia showed recently that the USA can be beaten in a one-off game, and if it's to happen again in the knockout stages, the door will open for a lot of teams, including France.
France is coupled up in the same group as Team USA, meaning that if they get through the group stage (they definitely should) then they won't need to face them again until later in the tournament!
If a team like Australia or Spain can take down the favorites, the French would see it as a huge chance to pounce and better their 2016 (4th) and 2012 (2nd) performances!
Check out a recent win for France at the 2021 EuroBasket tournament👇
Ready to join a Sportsbook and start betting online? We’ve listed the best available Welcome Offers for each legal betting state below.
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Ryan Leaver uses advanced statistical models and simulations to predict outcomes and provide predictions for the NBA, NFL, college football, college basketball, and soccer. He offers detailed game previews, best bets, props, and futures articles.
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