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Michael Phelps odds to win the gold medal at this year’s London Olympics were pretty good at 1/2 to win a gold medal (8/5 odds were available on Phelps not winning one). These odds were available at Sportsbook here.
Phelps has some pretty stiff competition in fellow American Ryan Lochte, who was listed at 4/9 odds to win a gold medal.
Phelps is a betting favorite in five of seven swimming events. He won eight of eight in the last Olympics, hence the reason the 1/2 odds of winning a gold medal had such great value.
These are betting odds featured across the board with numbers varying. Most wagering options available at Sportsbook here.
Favored:
200 meter individual medley: Phelps is the -120 (bet $120 to win $100). Teammate Ryan Lochte is +100.
100 butterfly: Phelps is -275
200 butterfly: Phelps is -500
4 x 100 medley relay: USA is -200
4 x 200 freestyle relay: USA is -400
Underdog:
400 individual medley: Phelps is +125. Lochte is the -120 favorite.
4 x 100 freestyle relay: USA is +225 behind Australia at -138
Betting on the London Olympics – Available offerings from Sportsbook.ag here (see below)
To Win Gold
Archery
Men Athletics
Women Athletics
Badminton
Basketball
Boxing
Canoeing
Cycling
Diving
Equestrian
Fencing
Field Hockey
Gymnastics
Handball
Judo
Modern Pentathlon
Rowing
Sailing
Shooting
Swimming
Synchronized Swimming
Table Tennis
Taekwondo
Tennis
Triathlon
Volleyball
Beach Volleyball
Water Polo
Weightlifting
Wrestling
2012 Olympics
Most Medals
Most Gold Medals
Total Gold Medals
Mens Basketball
Womens Basketball
Mens Tennis
Womens Tennis
Game Lines
Water Polo
Handball
Olympic Soccer
Men Game Lines
Olympic Men – Winner
Olympic Men – Group A
Olympic Men – Group B
Olympic Men – Group C
Olympic Men – Group D
Women Game Lines
Olympic Women – Winner
Olympic Women – Group E
Olympic Women – Group F
Olympic Women – Group G
- Carrie Stroup, Gambling911.com Senior Reporter
