Betting the 2022 Winter Olympics

Are you thinking about betting the 2022 Winter Olympics? Here’s a look at how we see it.

Key Points

  • Bettors will be able to bet on traditional winter sports as well as some new ones in the 2022 Winter Olympics.
  • The most popular Winter Olympics wagers are related to the number of medals won.

Believe it or not, another Olympic Games is upon us. Barely six months after the 2020 Summer Olympics were held in Tokyo, the 2022 Beijing Winter Olympics will begin on Feb. 4.


Betting the 2022 Winter OlympicsThe Summer games were moved to 2021 due to COVID and there are some concerns about the virus heading into the 2022 Winter Games. Interestingly, Beijing became the first city to host both the Summer and Winter Olympics.

Bettors will be able to find plenty of action on a variety of different sports.

New Sports to Look at When Betting the 2022 Winter Olympics

For the first time ever, bettors will have the opportunity to watch and potentially bet on seven new winter sports. The most exciting is likely the women’s monobob.

Men will continue to compete in two- and four-man bobsled, and women will have the opportunity to compete in the two-person and now the single, or monobob, events.

Freestyle skiing gets three new events: Men’s Big Air, Women’s Big Air, and Mixed Team Aerials. Short track speedskating will now have a mixed team relay and ski jumping and snowboarding will also have new mixed events.

Mixed team ski jumping and mixed team snowboard cross are new events in 2022. Top sportsbooks to bet on the Olympics will offer a huge betting market.

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Popular Bets From the Olympics

Some of the most popular Winter Olympic Games bets are on medals totals. One of the most popular is the wager on the most gold medals for the entire duration of the games. When betting the 2022 Winter Olympics, you need to know where the money is going.

In the 2022 games, Norway is the favorite to win the most golds. The Norwegians are an overwhelming favorite at -500. Germany is next on the board at +450. Norway and Germany tied at the 2018 Winter Games with 14 gold medals.

The United States and Canada are both given +1200 odds to win the most gold medals at the 2022 games.

Bettors can also bet on the total number of gold medals a country wins. For example, bettors can wager on the U.S. going Under 9.5 goals at -125 odds or Over 9.5 goals at -110. The U.S. finished the 2018 Winter Games with nine golds and 23 total medals.

Did you check out our last article posted here? We outlined how to read NFL betting lines.

RealBookies Pay Per Head

Individual Sports to Bet at the 2022 Winter Olympics

Olympic bettors will also have the opportunity to wager on individual teams and athletes. Some of the most popular bets are on teams to win the men’s ice hockey tournament. Russia, or ROC as it is known in recent Olympics, is the favorite to win at +150. Finland and Sweden are listed at +450 and +500.

The U.S., which eventually decided not to allow NHL players to play, is listed at +1200 to win the gold medal. Be sure to keep an eye on our gambling news for the latest on teams being sent to play in the Olympics.

Other extremely popular sports to wager on include figure skating, speed skating, and a number of different skiing events. Odds for the Alpine skiing events – downhill, slalom, and giant slalom are up already.

American Mikaela Shiffrin is favored to win the women’s giant slalom. She is listed at +225 to win over Sweden’s Sara Hector (+450). Shiffrin is also among the favorites in the women’s downhill and slalom.

I hope this helps you get well on your way to betting the 2022 Winter Olympics.

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