The Best Prop Bets for the 2020 Tokyo Olympics

ReliefSeeker
Author: Trivesh Vassen

If you are looking for a sure bet for the Tokyo Olympics 2020, bet on it being the most unique summer games in living memory. Oh, and that it will have the lowest attendance figures in the long history of the games. After all, we’re having the 2020 Olympics Games in 2021! And to top it all off, we’re at the halfway point of the games, and it could still be called off!

However, the biggest question facing sports betting fans is – how will the COVID-19 pandemic affect the results? With the number of athletes testing positive growing by the day, countless favorites have already been ruled out, leaving the field packed with unknowns and competitors that would ordinarily have been rank outsiders suddenly considered as potential medal-winners.

But, with the odds fluctuating more than your heart rate while you wait for your results from your COVID-19 home testing kit, there are still values and plus-money risks. So, let’s take a look at

Our Hottest Betting Picks & Prop Bets for Tokyo 2021

For our hottest picks and bets for the 2020 Olympics in Tokyo, we will be using the lines offered by the BetMGM online sportsbook.

Men’s Basketball

Prop Bet #1

Australia Eliminated in Semifinals: (+160) at BetMGM

Wager: $20

Win: $52

This is a reasonably safe bet considering that the team from Down Under is ranked 3rd in the world by FIBA and has had a good run leading up to the 2020 Olympics in Tokyo.

You might also want to wager a few dollars on Spain securing the silver medal, considering that they appear overvalued. In the run-up to the games, they looked a bit rusty and seemed particularly vulnerable in their interior gameplay. Expect to see Paul and Marc Gasol being attacked quite aggressively.

Prop Bet #2

Nigeria win Gold: (+3000) at DraftKings

Wager: $20

Win: $620

Let’s take a look at the ultimate longshot when it comes to the Men’s Basketball at the 2020 Tokyo Olympics – Nigeria winning the Gold Medal. Nigeria has an experienced coach in Mike Brown, and the team is packed with enough naturally gifted and athletic individuals to stretch favorites like the USA and Spain. When it gets to the knockout stages, expect the opposition to be frustrated by the never-say-die attitude of the Nigerian squad. Nigeria looks to be the wildcard and has what it takes to shock the world and become the Olympic champions of men’s basketball. After all, let’s not forget that Nigeria is the land that birthed 2-time NBA Championship winner Hakeem ‘The Dream’ Olajuwon.

Women’s Soccer

Prop Bet #3

USA scoring over 2.5 Goals against Sweden (+180) at DraftKings

Wager: $20

Win: $52

The American squad can fire like few others ever have in the world of women’s soccer, so kicking off against quality opposition like Sweden may actually be in their favor. Yes, there is a risk that they may not be firing on all cylinders this early, but if anyone can score three goals in their first game, it is the US women’s team, thanks to their quick-strike offense. 

Prop Bet #4

The USA winning Gold (-165) at DraftKings

Wager: $20

Win: $32

The US women’s team taking home the Gold Medal could be one of this Olympic’s safest bets. Especially considering that the usual favorites like Brazil, Netherlands, and Sweden look like mere shadows of the teams of previous Olympics. Japan might give the Americans a stiff challenge, but how will they react to losing the home team advantage with empty stadiums? If you are looking for a sure bet at the 2020 Tokyo Olympics, the Americans might be the closest thing you will find.

Men’s Golf

Prop Bet #5

Jon Rahm winning Gold: (+400) at DraftKings

Wager: $20

Win: $100

Nothing was ever going to stop Jon Rahm from competing at the 2020 Tokyo Olympics. Jon was up by a commanding six strokes back in June during The Memorial when he tested positive for COVID-19 but bounced back, testing negative in time to win the U.S. Open! He continued his commanding form at last week’s British Open, where an impressive finish of four straight birdies saw him securing 3rd place. If his putting game is strong, expect Jon Rahm to compete for Olympic Gold at Tokyo.

Prop Bet #6

Bryson DeChambeau winning Gold: (+1200) at DraftKings

Wager: $20

Win: $260

A year ago, few would ever have expected to see DeChambeau enter the Olympics with the odds stacked against him like this. However, the recent British Open is one he will want to forget as soon as possible. In addition, his game has never been suited to links golf. The Tokyo course measures in at over 7,400 yards, giving players several different ways of playing it. His ability to drive the ball at an average of 320 yards could prove to be the ace up his sleeve. If his driving game stands firm on the massive par 5’s, all of which are almost 600 yards, he could come away with the Gold. 

Women’s Golf

Prop Bet #7

Inbee Park winning Gold: (+600) at DraftKings

Wager: $20

Win: $140

The biggest thing Park has going for her winning Gold is that she has done it all before. Her win in Rio for the 2016 Olympics was remarkable, and the Olympics just seems to bring out the best in her. Some might go so far as to say that she thrives on Olympic pressure! Don’t let the fact that she is a joint favorite do anything to dissuade you from backing her. Her ability to remain calm under pressure and her talent for making clutch putts when the pressure places Park in a league of her own.

Prop Bet #8

Danielle Kang winning Gold: (+1300) at DraftKings

Wager $20

Win $280

Just because Kang is viewed as a long shot does not mean you should count her out. Her recent pedigree is immaculate, winning the Shanghai Open in 2018 and 2019. Her average in 2020 was an impressive LPGA tour-leading 70.08. Her strong points lie in her consistency and game around the green. Her putting has been a bit spotty, but she goes into the 2020 Tokyo Olympics among the top five in birdies. If Kang can avoid costly mistakes, she could well end up on the podium, perhaps even bringing home the Gold for Team USA.

Men’s Swimming

Prop Bet #9

Michael Andrew winning Gold: (+100) at DraftKings

Wager $20

Win $40

Perhaps the most significant thing Michael Andrew has going for him is that, with the stands empty, Daiya Sato won’t have the energy of the home crowd behind him. Many claim that having the stands packed with patriotic fans shouting you on can shave a few tenths of a second off a swimmer’s time. During the U.S. Olympic Trials in June, Andrew clocked in at 1:55.26, the fastest time of 2021 thus far, making him our favorite to take home Gold.

Prop Bet #10

Ryan Murphy winning Gold: (+275) at DraftKings

Wager: $20

Win: $75

Ryan Murphy is the reigning 100-Meter backstroke winner, having earned Gold back in the Rio 2016 Olympic Games and continued Team USA’s winning streak. In fact, a US swimmer has won the event since the 1996 Olympics in Atlanta. His time of 52.22 during the Olympic Trials was just a quarter-second off his winning time in Rio. The good news is that Ryan believes that his best is still to come. However, the competition is stiff, but his proven ability to finish around the 52-second mark definitely makes him our favorite.

Women’s Basketball

Prop Bet #11

USA winning Gold: (-1000) at BetMGM

Wager: $20

Win $22

This could perhaps be the safest bet you can make during the 2020 Tokyo Olympics, with many dubbing the team the latest “Dream Team.” However, some might feel that this title is not a fair reflection given the squad’s performance in losing their first two exhibition games. However, a team’s true quality shows in how they react to adversity, and the US women’s basketball team bounced back from those defeats with a 31-point drubbing of Nigeria. With players like Sue Bird, Brittney Griner, Tina Charles, and Diana Taurasi, few teams can overcome this team once they are firing on all cylinders.

Prop Bet #12

France winning a Medal: (+170) at BetMGM

Wager: $20

Win: $32

The French team can easily snatch the Silver Medal, but since there is no prop for that particular outcome, you’d have to settle for them appearing on the winner’s podium. The squad was ranked 5th in the world back in February. However, since then, the team seems to have found their footing, and while they may not have what it takes to beat the US’s Dream Team, they would provide them with a competitive challenge. We fully expect them to beat Spain easily and take the Bronze while the US and Canada compete in the finals.

Men’s Handball

Prop Bet #13

Denmark winning Gold: (+250) at DraftKings

Wager: $20

Win: $70

You might not know this, but handball is regarded as one of the most entertaining sports for spectators. Denmark is the reigning Olympic champions, having secured the Gold Medal at the 2016 Rio Olympics, and won the last two world championships. This is why it is surprising that they are only slight favorites over Norway (rated at +275 by DraftKings). However, the Danish team has the potential to go down as one of the most significant international handball teams in Olympic history.

Prop Bet #14

Sweden winning Gold: (+600) at DraftKings

Wager: $20

Win: $140

The Swedes are our longshot pick to take home the Gold based purely on the fact that their form had improved dramatically over recent months compared to before eh COVID-19 pandemic began just over a year ago. Before losing the World Championship Finals against Denmark, the team outscored the competition by 58 goals, on average scoring more than six goals per contest. Timing and their steady and consistent improvement are the two biggest things they have going for themselves. Combine this with a solid transitional game, and they are legitimate Gold Medal contenders, albeit at a long shot.