Olympics Boycott Odds for U.S. and Other Countries

Submitted by C Costigan on

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C Costigan

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Olympics Boycott Odds for U.S. and Other Countries

The Joe Biden administration is threatening a diplomatic boycott the 2022 Winter Olympics in Beijing, China.

There are betting odds as to whether or not a boycott will officially be implemented by the President, and the numbers suggest it will happen soon.

The wagering market, provided by SportsBetting.ag, begs the below question, which must happen before the end of 2021.

Will the U.S. Government announce full diplomatic boycott of 2022 Winter Olympics?

Yes: 1-2  (-200)

No: 3-2  (+150)

The above odds give a 66.7% implied probability that no U.S. diplomat will attend the Winter Olympics in Beijing.

Additionally, the website is offering odds on what other countries might join the U.S. in its potential boycott, specifically, which will be the first to do so.

First Country to Boycott 2022 Winter Olympics

Australia                      5-4       (+125)

United Kingdom          3-2       (+150)

Canada                        5-1       (+500)

France                         10-1     (+1000)

New Zealand               10-1     (+1000)

Germany                     20-1     (+2000)

India                            25-1     (+2500)

Netherlands                25-1     (+2500)

Ukraine                       25-1     (+2500)

Russia                          33-1     (+3300)

Belarus                        50-1     (+5000)

Denmark                     50-1     (+5000)

Hungary                      50-1     (+5000)

Sweden                       50-1     (+5000)

Italy                             66-1     (+6600)

Pakistan                      200-1   (+20000)

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