Men’s Basketball Dominating 2024 Olympic Betting And Trends As USA Advances To Semifinals

Men’s Basketball Dominating 2024 Olympic Betting And Trends As USA Advances To Semifinals

August 7, 2024

The 2024 Olympic Games have been most popular in Paris, and men’s basketball has been drawing the most watch and wager action since group play tipped off July 27. The heavily favored USA team moved on to the quarterfinals Tuesday, Aug. 6 and won again as huge betting favorite over Brazil to advance to Thursday’s semifinal round. An opportunity to clinch a spot on the podium and play in the gold medal game Saturday is on the line for four remaining teams.

Quarterfinal Results

  • Germany 76, Greece 63
  • Serbia 95, Australia 90 (OT)
  • France 82, Canada 73
  • USA 122, Brazil 87

Host country France was the only underdog winner in the quarterfinals in their win over Canada. That despite last year’s NBA No. 1 overall draft pick Victor Wembanyama making just 2-of-10 shots from the floor for 7 points, but adding a team-high 12 rebounds.

France was a popular bet (+116) at FanDuel to earn a medal in men’s basketball, and now they are one win away from the gold medal game and a likely matchup vs. Team USA. A loss by France vs. Germany puts them in the consolation bronze medal game.

Serbia rallied from a 24-point first half deficit to outlast Australia 95-90 in overtime.

Semifinal Matchups And Odds

Olympic basketball odds from FanDuel Sportsbook refresh periodically and are subject to change, including on props and live betting.

Thurs., Aug. 8

  • France vs. Germany (-4.5), Total 158.5 – 11:30 a.m. ET
  • Serbia vs. USA (-16.5), Total 184.5 – 3 p.m. ET

Serbia and USA will play a rematch from their July 28 opening contest when USA won 110-84 as a -13.5 point favorite.

Top NBA Players in 2024 Olympics

ESPN did a feature on the top NBA players competing in the Paris Olympics. Team USA had six of the top-10 players, but none of the top-3. Only one of the top-3 remains with a shot at a medal, and it’s Serbia’s Nikola Jokic, the reigning NBA Most Valuable Player who has won the MVP award in three of the past four seasons.

You can watch the USA semifinal game on NBC and online stream on Peacock. Also, NBA.com provides live updates and highlights of the action on the website.

Most Popular Betting Sports

With more than 30 sports to bet on during the Olympic Games, FanDuel reports the most bet sports have been basketball, soccer and tennis with 5 x 5 men’s basketball taking the most bets and money.

Adjusted Odds To Win Gold Medal

Olympic basketball odds from FanDuel Sportsbook refresh periodically and are subject to change, including on props and futures. Adjusted odds ahead of semifinals.

  • USA (-600), Germany (+650), Serbia (+1600), France (+2400)

Women’s Olympics Basketball

The knockout round for women’s basketball at the Paris Olympics begins on Wednesday, Aug. 7. The powerful American women’s team is still alive in 5 x 5 play, and a huge favorite to capture gold.

Quarterfinals

  • Serbia vs. Australia (8.5), Total 139.5 – 5 a.m. ET
  • Spain vs. Belgium (-5.5), Total 135.5 – 8:30 a.m. ET
  • Germany vs. France (-5.5), Total 136.5 – 12 p.m. ET
  • Nigeria vs. USA (-26.5), Total 157.5 – 3 p.m. ET

Breanna Stewart has a team-leading 61 points for USA through three games, and here prop bet scoring total is set at 17.5 points with an opinion to go over again.

To win gold medal women’s basketball – USA (-3500), France (+2900), Germany (+3400), Australia (+6000), Belgium (+6000), Spain (+7500), Serbia (+15000), Nigeria (+50000)

Other sports to watch and wager on Wednesday with not nearly as much betting action but plenty of upside and opportunity for USA athletes includes swimming and hurdles. Noah Lyles (USA) is a -700 favorite to win the gold medal in the men’s 200 metre swimming event at 2 p.m. ET with Erriyon Knighton (USA) +2300 for gold and a solid shot to capture a medal. Quincy Hall (USA) is the second favorite to win the gold medal in the men’s 400 metre at 3:20 p.m., and Bryce Hoppel (USA) at +1500 the fifth favorite to win the men’s 800 metre at 5:55 a.m. ET.

Check out the men’s 110 metre Hurdles as Grant Holloway (USA) is an overwhelming -900 favorite to capture gold at 1:05 p.m. ET. Rai Benjamin (USA) is the -125 favorite in the men’s 400 metre Hurdles at 1:35 p.m.

The U.S. women’s national soccer team will play the gold medal match against Brazil Saturday in Paris starting at 8 a.m. ET. The USA men’s basketball team is a big -16.5 point favorite Wednesday with a win moving them into the Gold Medal game later Saturday. The moneyline is -2000 for USA to win the game, implying a 95.2% probability of winning.

See you Saturday for the men’s baskeball gold medal game, and Sunday, Aug. 11 for the closing ceremony starting at 3 p.m. on NBC.

You can bet on it.

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