In this guide, Marylanders will learn everything they need to know to win big while betting on the Olympics 2024. We list the best sportsbooks, the best odds, and best bonuses right here in this Olympics betting in Maryland guide. So let’s get into it!
Guide to betting on the 2024 Olympics in MD
There are a couple of things that make the Olympics special.
For one thing, the fact that these games are held every four years – rather than every single year – definitely adds a bit of energy and excitement. It’s not hard to get hyped up about sporting events featuring the best athletes on the planet that only come around every so often.
Combine that with the sheer volume of games and events held at the Olympics. Guaranteeing that there’s something for everyone to get excited about and the caliber of the athletes competing for podium spots. Offer you a perfect mixture for one of the greatest spectacles in all of sports.
Nowadays, though, fans are able to get closer to the Olympic action than ever before. By being able to bet on the Olympics – even from their phones!
If that’s something you’re interested in getting into, we share some simple, smart Olympics betting tips and strategies. Maximizing your potential to close the games with more money in your bank account than when you started.
Finding the best sportsbook – Maryland Olympics 2024 betting
All the sharp money in the world of betting understands that you have to tilt the odds as much in your favor as possible if you are going to win on a consistent basis.
Finding the best Olympics 2024 betting platform in Maryland to put your bets in is a big piece of that puzzle. But another component is shopping for different Olympics betting platforms in Maryland. To see if there are Olympic betting odds that are better in one spot compared to another.
The beauty of online Olympics betting is that it is easy to generate a new account, and get it funded. Start betting on Olympics betting odds you feel give you the best chance of winning.
Here are five Olympics betting platforms you’re going to want to check out ASAP!
BetMGM Maryland Olympics 2024 odds
This online sportsbook is run by the same company that owns world-class casinos and resorts all over the world. The same level of professionalism is brought forward to their online sportsbook, too.
PointsBet Maryland Olympics 2024 betting
Variety is the main focus of this Olympics betting platform in Maryland. You’ll be able to do all the betting on Olympics events you’ve ever wanted to. With moneylines, totals, spreads, and nearly unlimited props here.
DraftKings Maryland Olympics 2024
DraftKings has built a world-class reputation is maybe the best mobile online sportsbook on the planet. Combine that with easy banking options, safe and secure gaming systems, and great odds. It’s not hard to see why people like DraftKings so much.
FanDuel MD Olympics 2024 betting
FanDuel is fantastic for those looking to do some Olympics betting without risking a mountain of money along the way. The low minimum bet requirements make this a hugely popular sportsbook for those just getting started. Their live betting is fantastic, too.
Barstool Sportsbook – Maryland Olympics odds 2024
The biggest selling point behind the Barstool Sportsbook is easily the barstool community itself. Knowing that you are sometimes betting with barstool personalities like David Portnoy is pretty surreal. But also a lot of fun!
Pro tips to betting on the 2024 Olympics – Maryland
Bet on Olympic events you know – Maryland
With so many different event betting in Maryland and competitions to pick and choose from. The temptation to put money down on anything and everything that catches your eye are going to be pretty strong.
Try to shy away from that gravitational pull as much as possible (at least early on, anyway).
The smart money always jumps headfirst into Olympics betting action that they know front to back. The same kinds of games and sports that they bet on when the Olympics aren’t on (like basketball, hockey, etc.).
Make some splashes during the Olympics qualifying events
If you are going to do some betting on Olympics events that are a little more “exotic” than what you usually watch with your friends when you get together. Then you’re going to want to throw some cash around during the qualifying events for sure.
These kinds of events are still super competitive and hugely important when it comes to determining who’s going to land on the podium during the medal competitions.
At the same time, the odds are usually a little more lenient – betting lines are a little more relaxed. Giving you the feel of betting on these kinds of events without having to risk your whole bankroll.
You don’t have to pick the winner to get paid
One of the sneaky strategies for betting on Olympics events that work wonders is moving your focus from picking the winner of an event and instead of picking athletes to place. Or picking against specific athletes – basically betting on them losing.
This can be a great way to shake things up on Olympics betting Maryland platforms that support different kinds of wagers.
Look at the last Olympics to find potential podium winners
This is a bit of an “insider secret” for those serious about making the most of their Olympics betting Maryland action.
One of the most valuable things you can do when it’s time to research different events and different athletes is look at how the previous Olympics unfolded.
You’ll be able to spot up, and coming athletes that might be able to contend for the top spot on the podium might be able to find favorites that you can fade because they’re getting older and should be able to get a better feel for how different athletes are going to perform this time around.
Don’t just stop at looking into previous Olympics action, either.
Look at national, international, and world competitions that these athletes were involved in as well. Again, the last two years of competition (outside of the previous Olympics) can shine a light on who you can trust your Olympic wagers on.
Pay attention to athlete schedules for an edge
Take a quick look at the kind of schedule that legendary US Olympian Michael Phelps had when he was chasing the overall gold-medal record just a few years ago.
It’s one of the most grueling schedules imaginable, a schedule that was required to chase the gold-medal record. A schedule that certainly would have absolutely devastated other (less talented and less dedicated) athletes for sure.
Check to see if there are favorites in specific Olympic events that are overscheduled. These are the kinds of favorites that are likely going to be more tired than others. There may also be potential for an underdog to unseat them – potential that’s not yet picked up by Olympic odds makers yet.
Last Olympics 2024 betting tips – Maryland
Of course, it’s critical to remember with any Olympics betting that oddsmakers and the best Olympics betting Maryland sportsbooks around are always going to be moving lines, and adjusting Olympics betting odds. Trying to maintain their advantage while still giving bettors a fair shake.
If you start to see a lot of action that moves different lines seemingly out of nowhere, it’s time to do a bit of extra research.
You’ll also want to keep your eyes on weather updates (when events are being held outdoors). These can change the whole complexion of a match or event in ways that oddsmakers may not have yet responded to.
Jump on that kind of Olympics betting odds action, and you can lock in advantages you wouldn’t have otherwise had.
FAQ’s About Olympics betting in Maryland
Can anyone bet on the Olympics in Maryland?
For sure! The Olympics make it really easy for anyone and everyone (above 21) to get in on the betting action if they wish. There are so many games, events, and opportunities that are perfect for newbies and veterans sports bettors alike that it’s hard to imagine anyone finding it difficult to put money down during the Olympics.
Do I have to bet on US teams and athletes only?
Absolutely not! The best Olympics betting platforms in Maryland are going to let you bet on anyone and everyone you want to place a wager on, on pretty much any event imaginable. And they make it easy to pull off, too.
Are only the podium events able to be bet on?
Many Olympic sports betting platforms offer qualifying rounds for betting action as well, though not all of them have gone in this direction yet. This is something you are definitely going to want to research before you jump right in.
Which bets are best for beginners?
Moneyline bets and different prop bets are probably the easiest for beginners just looking to get started in the world of Olympic sportsbook action. Bets like parlays, teasers, and the like can be a little more difficult to figure out (and a lot riskier to play). So those are the kinds of bets you’ll want to leave for a little later.
Is Olympic betting action online legal in Maryland?
Betting on Olympics action is 100% legal in the United States and 100% legal in Maryland. The US Supreme Court ruled that it is completely legal for people to bet on sports back in 2018. Maryland Gov. Larry Hogan signed legislation into law in 2020 that affirmed those decisions across the state.