Olympics Archives - WagerHome

Four Reasons to Become Your Own Bookie Before the Olympics

by WagerHome Blog on July 24, 2024

Now is the perfect time to become your own bookie and start accepting wagers on major sporting events. This might seem like a slow time in the sports world, but the 2024 Paris Olympics are coming fast.

If you are wanting to become your own bookie then you should look into the great services provided by WagerHome.com. This is a website that will take care of all of the difficult tasks for you, and can put you on the path to success.

Setting up a PayPerHead site is going to be the first step to becoming your own bookie, and you need to take care of that first. If you still aren’t convinced, here are four reasons that you should become your own bookie today.

Chance to Cash In

One of the top reasons to become your own bookie is for the simple fact that you can make some money. You aren’t going to become rich overnight, but you should have the opportunity to build up a nice bankroll through this endeavor.

Instead of spending all of your money making bets at sportsbooks, you can have all of the action flowing through you. The goal should always be to make some money, but there are other reasons as well.

Be in Control

Another great reason for becoming your own bookie is that you are in complete control of the sports betting action. You don’t have to worry about what others are doing as you can set the betting options yourself.

WagerHome.comcan put you on the right path to success if this is something that you want to explore. Even though WagerHome will provide templates to help you succeed, you can also make some important decisions on your own. Tokyo Olympics Betting Odds

Unique Betting Options

Now is the perfect time to become your own bookie since the Summer Olympics are going to provide some unique betting opportunities. Not only will there be some unique sporting events taking place, but you can also offer bets on individual events.

The Summer Olympics come around just once every four years, and that always has people itching to make some wagers. Be sure to provide bettors with the right opportunities as they will definitely be available.

You will be in complete control of the betting options that you want to set, and you can really stand out. Don’t just focus on the biggest events, but instead look at unique options.

A Break From Other Sports

The months of July and August is when you see a break in the sports calendar, and that gives you time to start this endeavor. Since there really won’t be a ton of action taking place, you can put all of your focus into launching your own PPH site.

Use your time wisely this month as you want to make sure you have things in order for the fall. Use the Olympics as a trial period so you can be prepared when football is here.

More Olympics Odds Available

by WagerHome Blog on July 5, 2024

The start of the 2024 Paris Olympics is fast approaching, and now is the time when the betting odds really start to show up. You can certainly wait until later on in the month to start getting your bets in, but now is when you should start keeping a close eye on the odds.

The Summer Olympics always present some great betting options, and this event is clearly more popular than the Winter Olympics. Basketball is one of the most popular sporting events that take place, but swimming and track and field also generate a ton of excitement.

Since the betting odds are starting to trickle out each day, now is when you should start to look at becoming your own bookie. You want to have yourself established before the start of the 2024 Paris Olympics as people are going to be looking for a place to wager.

It’s now easier than ever to become your own bookie, and getting set up for the Paris Olympics will have you ready for other sporting events as well. Here is a look at some of the top Summer Olympics betting options and why you should use WagerHome.com to help become a bookie.

WagerHome is Ready

If you want to become your own bookie then the first step is to get your own PayPerHead site up and running. There will be a couple of different steps that you need to take, but setting up your own PPH site will always be at the top of the list.

WagerHome.com is ready and willing to help you set up your own PPH site, and it’s a company that has been helping others for years. You can simply use one of the PPH site templates available from WagerHome, or you can choose to set up the site in your own way.

You will have to go through other steps after your site is set up and ready to go, but you must have a place for bettors to make wagers. Getting your site set up before the Olympics will also have you ready to accept bets on the 2024 NFL season as well.

So Many Betting Options

It might seem like the Summer Olympics is limited to the most popular sporting events, but that’s actually not the case at all. There are a ton of popular sporting events that take place during this event, and each sport comes with unique betting options.

Betting on which individual or team will win the gold medal will always be a good option to check out, but you can also bet on individual matches or games. Instead of just waiting around and looking for the odds, you can actually accepts wagers on all the various markets.

If you have your PPH site set up then it won’t be hard to attract potential bettors to you site. You just need to make sure that the odds are posted, and there will be plenty of bettors looking to get into the action with every single event.

How to Bet the Tokyo Olympics

by WagerHome Blog on July 1, 2021

The Summer Olympics are a bettors and a bookie’s dream with multiple sports, a variety of competitions, and unique ways to take bets and to make them. Not only can you bet on a specific sport or game outcome, but you can also bet on entire nations and how they will finish. Plus, there are both team bets and individual wagers to track throughout the two-week event.

Nation Medals Betting

The 2020 Tokyo Olympics got postponed to 2021 because of COVID-19. They are slated to begin on Friday, July 23, and end on Sunday, August 8. Attendance at events, including the prestigious Opening Ceremonies, will be severely limited, and foreign travelers are not allowed.

This could give host Japan a boost in some events with home-field advantage. At the 2016 Olympics in Brazil, Japan finished sixth in the medal table with 41 total medals and 12 golds. Their total to bet right now is 55.5 (Over +100, Under -139) with a gold medal total of 29.5 (over +100, under -139.5).

The United States led the way at the 2016 games with 121 total medals and 46 gold. Oddsmakers expect a slide back this time around with the total set at 110.5 and 42.5 golds.

You can also take one nation against another. For example, Japan against Great Britain straight up for gold medals. The Brits were second in 2016 with 27 goals, but host Japan is -120 to have more this time around with GB at +110.

Team Sport Betting

The market is ripe for team sports betting, especially in the sports that the United States traditionally has success in. Men’s and women’s basketball, women’s soccer, baseball, softball, women’s gymnastics, and men’s and women’s volleyball are great team sports to take and make bets in for the Olympics. The U.S. has qualified in each of those sports and is the favorite in both basketball tournaments, women’s soccer, women’s gymnastics, and softball.

A unique aspect of Olympics betting is the podium bet. Much like horse racing, you can take a bet on a team to finish “Top 3” meaning they win a medal, but you don’t have to specify which one.

Individual Sport Betting

Not all odds are currently available for individual sports, and qualifiers are still going on. In some cases, like tennis and golf, high-profile professionals have not yet announced intentions to play. Serena Williams did announce this week at Wimbledon that she will not play in Tokyo, while Roger Federer said a decision would be made after the two weeks in England.

The Williams announcement changed the women’s tennis odds with Ash Barty from Australia now the favorite alongside Japan’s Naomi Osaka at +500. Osaka withdrew from both the French Open and Wimbledon, so bets on her from this far out should be minimal.

Betting on other individual events, especially swimming, gymnastics, and track and field, will be popular this summer. Knowing who won back in 2016 and in the most recent World Championships for each event is crucial to both setting the odds and making the correct picks.

Prop Bets

Much like the Super Bowl, prop bets are popular with the Olympics, and you can have some fun with it too. Some places will take bets on who the flag bearer for a nation will be at the ceremonies. Or you may find a bet on whether a drug test will be failed or a protest will happen on the podium. A popular Olympics prop bet is if the flame will go out during the games.

Live Bets

While it may not be practical to take a live bet in, say the 100m race, which is done and dusted after 10 seconds, live betting team sports or even longer individual races will keep the audience engaged. One challenge with the Olympics in Tokyo is the time difference, which is 13 hours ahead of the U.S. east coast. So while your hardcore fans and bettors will be live streaming and following along, the casual fans on NBC in primetime will be delayed and watching events that are already over.

Keep an eye on the official schedule. Know when an event is happening live in Japan and how the weather may impact the day’s events.

The Olympics give a variety of options for die-hard sports fans and casual bettors. As with any other sport, being prepared with research and knowledge is always the way to go. Make sure to keep up with your latest betting news coverage and strategy at WagerHome.com.