The Online Bookie Guide to Early Wagering On The Olympics 2016

Written by:
Published on:

Wagering is already taking place for the 2016 Rio Olympic Games. So far, betting lines have only been set for a few of the events. Online bookies should look below for what might be the top 3 Olympic Events that they’re likely to see action on until the games officially start.

Not ready for NFL season? will help you get ready with it’s NFL $3 Per Head Kick-Off deal. Grab the deal here.

Men’s 100m – Gold Medal

  • Usain Bolt-200
  • Justin Gatlin+200
  • Yohan Blake+800

Underdog bettors are going to be all over Justin Gatlin. At 34 years of age, Gatlin’s hair has started to grey. He’s also suffered through 2 PED suspensions since he won gold in 2004. But, Usain Bolt is supposedly hurting. Not only that, there is nobody else in this group, not even Yohan Blake at +800, who could take down Bolt or Gatlin. Chalk bettors will be all over Bolt. Those in the know will bet on Gatlin. Control the money on both guys is what bookies should do.

Men’s 400m – Gold Medal

  • Wade Van Niekerk+125
  • Kirani James+150
  • Lashawn Merritt+350

Van Niekerk is the chalk. But, really, any one of these 3 guys could win it. Lashawn Merritt might end up being the most wagered on 400m runner in the sports books because of his odds.

At the 2015 IAAF World Championships, Van Niekerk won with a time of 43.47. Merritt finished second with a time of 43.65 and James finished third with a time of 43.78. What online bookies need to be aware of is that all 3 guys are currently at odds above even money. This is definitely one wager where max bet limits are important and should be used.

Men’s Soccer – Gold Medal

●    Brazil                          +135
●    Germany                     +475
●    Argentina                    +575

Brazil will have Neymar, Douglas Costa, and goalkeeper Fernando Prass as their 3 over age players.

A surprising fact that online bookies may want to know is that Germany is back at the Olympics for the first time since 1988.

Argentina will have Everton’s Ramiro Funes and Villareal’s Mateo Musacchio on their teams. It may not matter.

The fact of the matter is that Brazil must win the gold medal at the 2016 Rio Olympic Games. Brazil is the host nation. After the embarrassment at the 2014 World Cup and the terrible showing at the Copa America Centenario, Brazil has no choice but to win. Online bookies have to pay attention to money that flows onto the Brazilians in their books.

Use this early guide to help you start setting up your online bookie business for the 2016 Rio Olympic Games.

Speaking about early, it’s never too early to start setting up your books for the NFL season. is offering a NFL $3 Per Head Kick-Off offer all-summer long just before the NFL season kicks off. Get this offer today.

Sports News

Mayweather-Khabib Fight Odds Could be Offered Soon

Mayweather-Khabib Fight Odds Could be Offered Soon

BetOnline was likely to offer betting odds on Floyd Mayweather vs. Khabib Nurmagomedov in the coming days after Mayweather declared that this fight would be happening. 

The NCAA Must Watch Game in Week 7: Georgia vs. LSU

I know what you are thinking, this might have been the best matchup last week before LSU dropped from grace after losing to the Florida Gators.

NCAAF Week 7 Sportsbook Predictions & How To Increase Profits

By using pay per head tools, bookies can increase profit on college football betting. Check out the Top 4 games on which bookies should have the most success creating profit.

NHL is Back

NHL Is Back! Here's 6 NHL Betting Predictions & Tips For Bookies

The 2018-2019 NHL Season started about a week ago on Oct. 3. Check out 6 NHL betting predictions and tips on how pay per head agents can manage those betting predictions.

NASCAR Gets Serious About Promoting Sports Betting

NASCAR Gets Serious About Promoting Sports Betting

About $5,000 on average has been wagered during NASCAR race weekends in Delaware, amounting to about $53,300 of the overall $37.06 million bet on all non-parlay sports cards since June 5....Those numbers are likely to increase dramatically, some believe.