Best Olympic Betting Sites in the Philippines

This year’s Olympic Games is scheduled to take place in Paris, France. The event will start with the opening ceremony on July 26 and end on 11 August with the closing ceremony.

Like most other countries in the world, the Philippines is also excited about the Olympic games this year, not just in the hopes of Filipino athletes winning medals but also for Olympic betting. We cover more about this throughout this article.

The Philippines’ record in the Olympics isn’t too great. But it’s nothing to scoff at, either. To date, the country has managed to win 14 medals across different disciplines. Filipino athletes have managed to win 8 Bronze, 5 Silver, and 1 Gold Medals ever since the nation debuted in 1924.

The single Gold medal was thanks to Hidilyn Diaz’s exceptional performance at the 2020 Tokyo Olympics. It was the first time the Philippines ever won a gold medal. Everyone will forever remember her name as it’s engraved in history books.

Are you interested in discovering which special Olympics betting markets are a hit with the Filipino audience? Here are a few that you need to look out for when the Paris Summer Olympics betting begins

• Medal counts: This market focuses on wagering how many medals a country can win. This is one of the most popular markets punters will watch in the next Olympics.
• Individual events: Every sport featured in the Olympic Games betting offers its collection of betting markets. It might be a good idea to look into those.
• Head-to-Head: Some of the events feature a competition between players or teams. The head-to-head markets are really popular among Filipino bettors.
• Prop bets: These bets are unique as they focus on things other than the outcome of an event. Things like the player getting disqualified first or the nation with no medals.
• Futures betting: These markets have some of the highest payouts out there. Bookmakers will start offering them before betting on the Olympics begins, so it’s a wager for the long run.

By now, you should know how to choose the best Olympic sports betting sites and which events to wager on. But we’d like to help you a bit more by sharing the list of the top bookmakers our team of experts has reviewed and tested. Check these out in this section of the Olympics betting guide.

1xBet

While many bookmakers worldwide offer an experience in the Philippines as 1xBet, even outside the country, the sportsbook has a reputation among players worldwide. You get a safe betting on Olympic games experience with popular markets.

Comparing the odds with other betting sites, our team found that 1xBet offers competitive odds that make up for decent payouts. The website features several payment methods for making deposits and withdrawals, including credit cards, e-wallets, and cryptocurrency.

BK8

Another bookmaker that might be worth your time is BK8. This sportsbook is localized for the Filipino audience, a fact that you can tell from the bonus offerings. The sportsbook also has a license from PAGCOR, the authorized licensing authority for Olympic betting sites in the Philippines.

The best part is that when the 2024 Paris Olympics rolls around, players can bet on their preferred betting markets in different events. So, if you want to wager some money on Hidilyn Diaz winning a medal in Paris, you can do that with BK8.

BetVisa

BetVisa also does the localization for Filipino players well. The welcome bonus is perfect for new players as they can get 100% of their deposit added as bonus money. The website also supports cryptocurrency, so you can use the secure currency to place bets on Olympics sports betting markets.

The bookmaker offers moneyline bets, prop bets, and Asian handicaps. These markets are offered for a bunch of different sports. Some of them will even be offered for the Olympic Games betting markets

BetLead

Located in the heart of Manila, this betting company can be your next choice of bookmaker for Olympics betting. As a licensed sports betting site, BetLead can offer safety and security, two of the most essential things to Filipino players.

BetLead also comes with a casino of its own. So, when you need to take a break, a large collection of slots, table games, and live dealer titles will be waiting for you. The bookmaker also has a VIP program for regular players, which comes with amazing rewards.

GGBet

GGBet is always updating its bonus list, making it a favorite among fans in the Philippines. Not only that, but the customer support team is one of the best, making it possible for players to seek and get helpful information when needed.

The bookmaker also has a mobile app that makes betting on the Olympics on the go possible. Speaking of the Olympics, you can expect full betting coverage on the website and through the app. All you need to do for now is to wait for the Paris Olympics to begin, and you can start betting with GGBet.

Based on the pattern from recent years, you can catch the full action on TV5 and Cignal TV, provided that they can secure the broadcasting rights. But we can’t confirm anything yet. This is because there’s a good chance that the broadcasting partner for the Paris 2024 Olympics might change this year.

Be sure to check back with this page; we’ll update it as soon as more information is available.

Following betting tips from advanced punters can be a good way to increase your chances of winning your bets. It won’t guarantee a win, but you should take every chance you get when it comes to sports betting.

Take a look at these tips and consider adjusting your betting strategy accordingly.

1. Research the players and teams: To maximize your chances of a correct prediction, you should look into the individual Filipino players and teams for the Paris Olympics. Keeping tabs on them will give you valuable information to incorporate into your betting strategy.
2. When the Olympics begin, all the bookmakers in the Philippines will start rushing to offer betting markets and odds. However, as a player, you must choose where to wager your real money for the best payout. You should compare the odds for the same markets and stake money on the one with the better payout.
3. Money management: No matter how good you are at predicting, money management is something you shouldn’t ever ignore. You should always plan a budget for how much you can spare for bets. Based on that, you should place wagers on the events.