The 2021 Tokyo Olympics are scheduled to begin on Friday, July 23. Betting on the Olympics is permitted at Illinois casinos, provided that all necessary precautions are taken to ensure the safety and well-being of individuals.
Yet, we found out on Wednesday that Tokyo is under a state of emergency because of COVID-19.
The Olympics could still take place even without the presence of fans. Stay updated on the latest developments with Play Illinois.
Illinois Olympics are a wager.
Last May, the Illinois Gaming Board (IGB) approved betting on the Olympics, meaning that if the summer games proceed as planned, Illinois residents will have the opportunity to place bets on the events. Unfortunately, the COVID-19 pandemic led to the cancellation of last year’s festivities.
For the first time ever, sports betting is now legal in Illinois for the Olympic games. It will be interesting to observe how much interest Illinois residents show in betting on the Olympics.
You will have the opportunity to place bets on a selection of events in Illinois. Please note that this list is not exhaustive, and more options may become available closer to the opening ceremonies.
Illinois residents may wager on Olympic events.
In Illinois, there are currently six online sportsbooks available: DraftKings, FanDuel, BetRivers, PointsBet, Barstool, and Caesars. These sportsbooks offer a variety of events and markets for betting.
- Most national silver awards
- Nation awards most awarded.
- The women’s basketball team
- Women’s 3×3 basketball
- Men’s basketball team
- Men’s basketball was played three times.
- s teams is a popular sport that requires strength, speed, and skill in the water.
- Baseball for Men’s Teams
- Men’s water polo
- Volleyball, Women & rsquo
- Volleyball, Men & rsquo
- Soccer, Women & rsquo
- The soccer team of Men & rsquo
- Rugby Women’s
- Rugby, Men & rsquo
- Women & rsquo’s handball
- s team in the championship game was controversial and sparked a heated debate among fans and analysts alike.
- Women’s golf course
- Golf, Men & rsquo
- s Track and Field is a challenging event that requires great skill and athleticism.
- s team is an exciting and challenging sport.
- The team is a field hockey team consisting of men.
- Men competing in the 100 meters sprint.
Currently, the DraftKings app offers the most extensive selection of sports. While individual game lines are not currently available for all sports, they are expected to be added closer to the events.
The current favorite bet is on the gold medalist in a specific activity.
Given this, the USA is the frontrunner to come out on top at the Olympics. The odds of securing the most gold medals at DraftKings are as follows:
- USA: – 1, 200
- China: + 600
- + 2, 500 Japan
- Great Britain has a surplus of 2,500.
- + 2, 500 Russia
- Germany: + 20,000
- Australia: + 20,000
- Germany: + 20,000
- Paris: + 25,000
- South Korea: + 50,000
- Canada: + 50,000
Does July and August be raised by Olympic gambling?
In the most recent report from the Illinois Gaming Board, the state recorded a sports betting handle of $507.2 million in May. This marked the second consecutive month of declining handles, despite still ranking as the second highest in the US for that month.
The period between sports seasons and March Madness is considered the “offseason” for sports betting. While there are still wagers available, they typically do not attract as much attention as March Madness, the NFL, or college football.
However, the Illinois business may see a boost in July and August with Olympic wagering. Nevertheless, the lack of prior authorization for sports betting during the Olympics in Illinois leaves us in uncharted waters.
Basketball and baseball have been the top choices for sports betting in Illinois over the past two months. This trend may continue into July, as fans can wager on the Bucks vs. the Suns as well as bet on Team USA (-750) to win the men’s basketball gold medal.
