Team USA will begin its hunt for a fifth successive Summer Games victory in the 2024 men’s Olympic basketball tournament in late July, following their preparations in the USA Basketball Showcase, aiming to secure their place in the gold medal game.
When it comes to betting on the Olympics, Canada and France are the sportsbook’s underdogs to upstage the Americans and end LeBron James and company’s golden streak. Greece, Slovenia, and Spain are other formidable teams to watch, but, let’s face it, it will be a tough ask given the talent at Team USA’s disposal.
Read on to discover the latest Olympic basketball odds, the best Olympic bets to wager at the Games, insights from the USA Basketball Showcase, and how to bet on the tournament. We also explore the history of past winners and the nations with the most men’s Olympic basketball medals.
2024 Olympic Men’s Basketball Odds
With the Paris Games right around the corner, many hoops fans eagerly anticipate the 2024 men’s Olympic basketball tournament, especially after witnessing the USA Basketball Showcase. The best US sportsbooks are constantly adjusting the Olympic basketball odds for this big event in France. Here’s how the bookmakers predict the top nations will perform in the 2024 basketball Olympics.
Having secured gold in the last four editions, Team USA is the overwhelming favorite to win the first-place medal once again. Meanwhile, Canada, France, Greece, and Serbia are the four teams expected to deliver solid performances and at least provide a healthy challenge to the United States’ push for gold. Among the teams qualified, these nations have shown consistent strength in international play.
| Country | Odds |
| United States | -600 |
| Canada | +1000 |
| France | +1000 |
| Serbia | +1600 |
| Germany | +2500 |
| Greece | +2500 |
| Australia | +5000 |
| Spain | +6600 |
| Brazil | +15000 |
| Japan | +100000 |
2024 Olympic Men’s Basketball Outright Favorites
Below, we examine the three outright betting favorites ahead of the 2024 men’s Olympic basketball tournament in Paris. We analyze why these teams are expected to put up a strong challenge for the gold medal game. These are the top teams to bet on at the best sports betting apps.
USA (-600)
Remember the 1992 Dream Team, often hailed as one of the greatest sports teams ever assembled? The USA basketball Olympic team in 2024 might be just as strong as that star-studded roster. As NBA fans will know, LeBron James, Steph Curry, and three-time Olympic gold medalist Kevin Durant can light up the Bercy Arena and win games almost singlehandedly. Devin Booker, Anthony Edwards, Joel Embiid, Bam Adebayo, Jrue Holiday, and Jason Tatum also have the qualities to turn heads and steal the show. In addition to boasting a talent-laden team, the United States has history, having won gold medals in the previous four Men’s Olympic basketball games.
Anthony Edwards, Joel Embiid, Bam Adebayo, Jrue Holiday, and Jason Tatum also have the qualities to turn heads and steal the show. In addition to boasting a talent-laden team, the United States has history, having won gold medals in the previous four Men’s Olympic basketball games.
Barring surprising upsets, Team USA should cruise to victory at the 2024 basketball Olympics tournament.
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Canada (+1000)
Canada is in high spirits ahead of the 2024 Paris Olympics, and why not? Last year, they shocked the sporting world, defeating the United States to secure bronze at the World Cup, marking one of the most significant moments in the national team’s history.
In terms of pure talent, Canada’s roster is arguably second only to the USA’s. The team features free-scoring Shai Gilgeous-Alexander and two-time NCAA Player of the Year Zach Edey, who will be looking to keep up their recent impressive form. Meanwhile, Jamal Murray returns to the squad after missing the World Cup.
Despite some concerns over Golden State Warriors’ Andrew Wiggins missing the tournament, Canada’s roster depth remains formidable. If there’s any team capable of challenging the USA for the gold medal at the 2024 basketball Olympics, it’s Canada.
France (+1000)
Host nation France is another side that is expected to reach the latter stages of the men’s Olympic basketball tournament in Paris and challenge for the first-place medal. As the hosts, the French team will be looking to use their home crowd support to their advantage when playing at the Bercy Arena.
Rudy Gobert won the NBA Defensive Player of the Year last season, with rookie starlet Victor Wembanyama in second place. With this fearsome duo in their ranks, France boasts one of the most solid defensive setups in the 2024 men’s Olympic basketball.
Other NBA players like Nicolas Batum, Ousmane Dieng, and Evan Fournier will also help France’s chances to avenge their narrow loss to the USA in the 2020 finals and go one better at the 2024 Paris Olympics.
2024 USA Basketball Team Predictions
Looking to bet on the USA basketball Olympic team in 2024? Our SportsTalkPhilly experts have analyzed and evaluated Team USA, including performances from the USA Basketball Showcase, and provided three top betting picks.
Below are our 2024 USA basketball team predictions to wager at top-rated NBA betting sites.
Kevin Durant to Be Team USA’s Leading Point Scorer
Kevin Durant became the all-time leading scorer of the US men’s Olympic basketball team at the 2020 Tokyo Games with 435 career points, surpassing Carmelo Anthony’s 336 points. The 35-year-old’s 19.8 points per game record is also the best in team history.
The Phoenix Suns’ forward was in fine form during the 2023-24 NBA season, averaging 27.1 points per game, the fifth-best record in the league. Although Anthony Edwards and Joel Embiid are also favored, we expect scoring machine Durant to nip in ahead of both players as the leading point scorer for the USA basketball Olympic team in 2024.
Durant is priced at +550 at Bovada to be the highest scorer.
Tyrese Haliburton to be USA Leading Assist Provider
Making his Summer Games debut at the 2024 Paris Olympics, Tyrese Haliburton is one player expected to star. The point guard is coming into the men’s Olympic basketball tournament after an impressive 2023-24 NBA campaign, where he led the league in assists during the regular season, averaging 10.9 per game.
The Indiana Pacers player has excellent playmaking skills and will be looking to deliver precise passes and affect games exactly as he does at the Gainbridge Fieldhouse. As a result, we expect the 2000-born player to be the USA basketball Olympic team’s leading assist provider.
You can find this wager on Bovada with odds of +450.
Anthony Davis to be Team USA’s Leading Rebounder
One of the greatest power forwards of all time, Anthony Davis is our top pick to be the USA basketball Olympic team’s leading player for rebounds. The 31-year-old averaged 15.6 rebounds per game during the 2023-23 NBA postseason, the best record in the league.
Considering his 6 ft 10 height and leaping ability, AD should score more than enough rebounds to be Team USA’s highest. Fellow big man Joel Embiid is another player who could easily register the most rebounds for the United States, but we’re backing Davis because of his stats in the NBA last season.
You can wager the Lakers forward’s +170 odds at Bovada, one of the best offshore sportsbooks in the US.
Olympic Basketball Winners
Since its introduction to the Summer Games in 1934, men’s Olympic basketball has seen many nations secure gold. The United States has dominated the tournament since the emergence of the “Dream Team” in 1992, winning honors at seven of the last eight Games.
Here’s a look at the last 15 Olympic basketball winners since 1964.
| Year | Winner | Runner-up | Host City |
| 2020 | United States | France | Tokyo |
| 2016 | United States | Serbia | Rio de Janeiro |
| 2012 | United States | Spain | London |
| 2008 | United States | Spain | Beijing |
| 2004 | Argentina | Italy | Athens |
| 2000 | United States | France | Sydney |
| 1996 | United States | Yugoslavia | Atlanta |
| 1992 | United States | Croatia | Barcelona |
| 1988 | Soviet Union | Yugoslavia | Seoul |
| 1984 | United States | Spain | Los Angeles |
| 1980 | Yugoslavia | Italy | Moscow |
| 1976 | United States | Yugoslavia | Montreal |
| 1972 | Soviet Union | United States | Munich |
| 1968 | United States | Yugoslavia | Mexico City |
| 1964 | United States | Soviet Union | Tokyo |
Most Olympic Medals
As you can see below, the USA also dominates the medals table at the Men’s Olympic basketball tournament, winning 19 in total.
| Country | Gold | Silver | Bronze | Total |
| United States | 16 | 1 | 2 | 19 |
| Soviet Union | 2 | 4 | 3 | 9 |
| Yugoslavia | 1 | 3 | 1 | 4 |
| Argentina | 1 | 0 | 1 | 2 |
| Spain | 0 | 3 | 1 | 4 |
| France | 0 | 3 | 0 | 3 |
| Italy | 0 | 3 | 0 | 2 |
How to Bet On 2024 Basketball Olympics
Ready to wager on the 2024 men’s Olympic basketball? We’ll walk you through a step-by-step process of signing up to BetOnline and placing your Olympic basketball wager.
Go to BetOnline
Visit BetOnline on your preferred mobile or desktop browser and select the green ‘JOIN’ button at the top-right corner of the screen.
Create an Account
A registration form will appear immediately. Fill out this form with your details and select ‘Create Account’ to set up your BetOnline profile.Deposit & Claim Bonus
After logging in, you’ll be redirected to the Cashier page. Choose your preferred payment method, enter a minimum deposit amount of $50, input the promo code “FREE250,” and complete the transaction. You’ll immediately receive up to $250 in free bets.Start Playing
Navigate to the “Sports” section BetOnline, scroll up to “Olympics A-D,” and look for “Basketball Men.” Choose your preferred wagers and select “Place Bet.” Now, you sit back and wait for the outcome of your Olympic bet.
