2024 Olympic basketball odds: Team USA favored to win gold; Germany surging

The 2024 Summer Olympics in Paris are underway, and as usual, basketball will be one of the sports that generates great excitement from fans and bettors. 

After failing to medal at last year’s FIBA World Cup, Team USA will look to bounce back in a big way. 

The USA has won four consecutive Olympic gold medals and seven of the last eight, dating back to 1992. 

This year’s Olympic roster has a combined 13 NBA titles and eight NBA MVP awards, and is headlined by LeBron James, Steph Curry and Kevin Durant, among others.

According to BetMGM, team USA poses a massive liability at the sportsbook, as 99% of the betting handle is on the men’s team to win the gold medal. 

Let’s take a look at the gold medal odds for the 2024 Paris Olympics via DraftKings Sportsbook.

MEN’S BASKETBALL OLYMPIC GOLD MEDAL ODDS: *

USA: -600 (bet $10 to win $11.67 total)
Canada: +900 (bet $10 to win $100…

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