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Olympics Soccer Odds: Spain Men, USA Women Favored

Olympic Men's and Women's soccer odds are out

Both the Euro Cup and the Olympics were postponed from 2020 to 2021 after the unfortunate spread of the coronavirus across the world. The European Championship proved to be worth the wait with a sparkling tournament. It is now the Olympics’ turn as high-profile soccer continues in quick succession. Odds Shark details the Olympics soccer odds for both the men’s and women’s tournaments in Tokyo, with the Games scheduled to kick off later this week.

According to BetOnline’s Olympics soccer odds, Spain is the favorite to win the men’s tournament with odds of +200, followed by Brazil (+275), France (+500), Japan (+800) and Argentina (+800). Over in the women’s section, the USA (-180) is a massive favorite on the Olympics soccer oddsboard.

For more information about the other sports from the biggest athletic event in the world, check out Odds Shark’s dedicated Olympics page.

How to bet on the Olympics | Odds for most gold medals | Odds for most medals

Olympic Mens Soccer Odds

Odds to win Soccer Men’s Tournament
South Korea+1600
Ivory Coast+10000
New Zealand+10000
Saudi Arabia+20000
South Africa+20000

Odds as of July 19 at BetOnline

Favorites to Win the Olympics Soccer Men’s Tournament

There are vastly different squads for each country when compared to their squads for their respective continental tournaments just passed (European Championship and Copa America). As a result, the Olympics soccer odds will also vary significantly. We break down the soccer betting odds as well as the squads below.

Note: All teams at the Olympics are restricted to an under-23 team with a maximum of three overage players.

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Spain (+200)

Spain starts off as the favorite to win the tournament with Olympics soccer odds of +200. This is a chaotic tournament because it closely follows the Euro Cup and is closely followed by the start of local leagues across the world, some being the most expensive competitions in the world, including the La Liga. Still, the Spaniards have managed to retain a large chunk of their Euro 2020 squad, which bodes well for coach Luis de la Fuente, who is also the Spanish under-21 coach. Six players from Spain’s Euro 2020 squad will participate in the Olympics: Pedri, Eric Garcia, Dani Olmo, Unai Simon, Mikel Oyarzabal and Pau Torres.

“We’ve not really had time to think about everything that’s happening,” de la Fuente said. “We are acclimatizing to schedules and to the reality that we have to live through. As soon as we get into the game against Egypt, we will understand that we are at the Games. I want everyone to understand it, because it is a unique opportunity. Our main concern was the sleep cycles of the players and avoiding jet lag – it will be resolved in a couple of days.”

Grouped with: Egypt, Argentina and Australia

Key player: Pedri

Spain’s Squad

Goalkeepers: Alex Dominguez, Alvaro Fernandes, Unai Simon

Defenders: Eric Garcia, Juan Miranda, Oscar Mingueza, Oscar Gil, Pau Torres, Jesus Vallejo

Midfielders: Pedri, Bryan Gil, Martin Zubimendi, Marc Cucurella, Jon Moncayola, Dani Olmo, Carlos Soler, Dani Ceballos, Mikel Merino, Marco Asensio

Forwards: Javi Puado, Rafa Mir, Mikel Oyarzabal

Brazil (+275)

Brazil has undergone several changes to its Olympics squad after a deep run at the Copa America. They had initially announced a 50-member squad but had shortened that in June. Several clubs across the world did not agree to release players, including Gerson, Malcom and Pedro, which in turn forced Brazil to announce a new squad earlier this month. Brazil also had to replace Gabriel, the Arsenal defender, with Ricardo Graca.

Brazil still has some experience in a young squad, including Dani Alves, Gabriel Martinelli and Richarlison. Their youthful creativity and exuberance will come from Douglas Luiz, Matheus Cunha and Paulinho.

“It was a unique sensation. I had never experienced that moment – I’ve always dreamed of participating in the Olympics, so it was one of tremendous joy,” Dani Alves, 38, said after being picked to represent Brazil at the Olympics. “The Olympics are magical – you get emotional thinking about them. I’m a patriot – I can’t explain how much I love wearing the Brazil shirt. I never think that my chances are over. I firmly believe in myself – the way I look after myself, the way I train, my performances.”

Grouped with: Germany, Ivory Coast and Saudi Arabia

Key player: Richarlison

Brazil’s squad

Goalkeepers: Brenno, Lucao, Santos

Defenders: Nino, Ricardo Graca, Guilherme Arana, Gabriel Menino, Dani Alves, Diego Carlos, Abner Vinicius, Bruno Fuchs

Midfielders: Matheus Henrique, Bruno Guimaraes, Douglas Luiz, Claudinho, Reinier

Forwards: Gabriel Martinelli, Paulinho, Richarlison, Matheus Cunha, Antony, Malcom

Value Picks to Win the Olympics Soccer Men’s Tournament

While the rest of the field thins out after Spain and Brazil, there are still some value picks to consider from the pack.

France (+500)

France will be led by head coach Sylvain Ripoll, who will have Teji Savanier, Florian Thauvin and Andre-Pierre Gignac as his three overaged players. He will not have several others who had to withdraw from the tournament after not receiving approval from their clubs, including Eduardo Camavinga, Malang Sarr, Amine Gouiri and Maxence Caqueret. Considering their Olympics soccer odds of +500, the French have an implied probability to win, according to Odds Shark’s calculator, of 16.67 percent.

Grouped with: Japan, South Africa and Mexico

Key player: Florian Thauvin

France’s squad

Goalkeepers: Paul Bernardoni, Stefan Bajic, Dimitry Bertaud

Defenders: Melvin Bard, Anthony Caci, Ismael Doukoure, Pierre Kalulu, Clement Michelin, Timothee Pembele, Modibo Sagnan

Midfielders: Alexis Beka Beka, Jeremy Gelin, Enzo Le Fee, Teji Savanier, Florian Thauvin, Lucas Tousart

Forwards: Andre-Pierre Gignac, Randal Kolo Muani, Arnaud Nordin, Isaac Lihadji, Nathaniel Mbuku

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Argentina (+800)

Fernando Batista will lead this Argentine team as head coach for this tournament. He chose just one overaged player for this squad (Jeremias Ledesma), opting for abundant youthfulness in his roster. Thiago Almada will be the pivotal player for Argentina in the middle of the field, tasked with being the point through which the offense flows and the phases transition. Argentina’s Tokyo 2020 soccer odds of +800 are indicative of the value they can provide.

“I’ve got an advantage in that most of them have already played under me, in the 2019 U-20 South American championships, which were the qualifiers for the World Cup in Poland, the Pan American Games in Lima, and the Pre-Olympic Tournament,” Batista said ahead of the tournament. “They know me. They know how I work, how I manage things and what I expect on and off the pitch. Though that doesn’t guarantee you anything, I have got to know them and I know how to get through to them and get them to produce their best. And we’ve kept in touch throughout all of this.”

Grouped with: Egypt, Spain and Australia

Key player: Thiago Almada

Argentina’s squad

Goalkeepers: Joaquin Blazquez, Lautaro Morales, Jeremias Ledesma

Defenders: Hernan de la Fuente, Marcelo Herrera, Nehuen Perez, Leonel Mosevich, Facundo Medina, Francisco Ortega, Claudio Bravo

Midfielders: Fausto Vera, Santiago Colombatto, Tomas Belmonte, Martin Payero, Thiago Almada, Esequiel Barco

Forwards: Carlos Valenzuela, Pedro de la Vega, Alexis Mac Allister, Agustin Urzi, Adolfo Gaich, Ezequiel Ponce

Left-Field Picks to Win the Olympics Soccer Men’s Tournament

You might want to be careful of this category because there is a massive difference in skill between the best and the rest at this Tokyo 2020 Olympics tournament. There are a couple of choices that you could take a look at, though, such as:

Japan (+800)

Hosts! Unfortunately, there will not be a crowd to cheer their team on after the country decided to ban spectators because of a spike in cases of COVID-19 across the nation. Nonetheless, there is some value to be derived from the hosts of a tournament. Just look at England at Euro 2020. Now, this Japan team does not have close to the level of skill that England had but there is less traveling, fewer flights to take and a refreshed squad that could work in their favor.

Maya Yoshida is the captain of Japan, while Takefusa Kubo will likely be the standout performer on this team. Japan’s three overaged players are Wataru Endo, Yoshida and Hiroki Sakai. Abinobu Yokouchi is the head coach. Japan’s Olympics soccer odds of +800 indicate an 11.11 percent chance of winning the tournament.

“We feel we are making progress during our preparation for the Olympic Games,” Kubo said. “As a team, it is good that we have made our defence solid and kept clean sheets. This allows us to perform well in attack through good combinations. For me, first of all, it’s important that I contribute to the team’s winning. I also want to keep good results individually and at the same time, I want to make a good support so that the players around me can perform well.”

Grouped with: South Africa, Mexico and France

Key player: Takefusa Kubo

Japan’s squad

Goalkeepers: Keisuke Osaka, Kosei Tani, Zion Suzuki

Defenders: Hiroki Sakai, Yuta Nakayama, Ko Itakura, Maya Yoshida, Reo Hatate, Takehiro Tomiyasu, Daiki Hashioka, Ayumu Seko, Koki Machida

Midfielders: Wataru Endo, Takefusa Kubo, Koji Miyoshi, Ritsu Doan, Kaoru Mitoma, Yuki Soma, Ao Tanaka

Forwards: Daizen Maeda, Ayase Ueda, Daichi Hayashi

Betting Strategy for the Olympics Soccer Men’s Tournament

There are two clear favorites for this tournament: Brazil and Spain. Here are some of the key reasons why.

Firstly, both teams are packed with young stars, players who will soon headline teams. Secondly, the overaged players will add plenty of experience to their squads. Both teams are well coached, well managed and ably suited to playing on the biggest stage in athletics. The bright lights of the Olympics might be too strong for some of the other younger teams but not these two.

For these reasons, I’d stick with these two teams for my outright Olympics soccer betting. On account of the depth in both these squads, I would refrain from picking either. Instead, I would pick both and stake my investment across Spain and Brazil in a 50-50 manner. If either of these powerhouses win, which at this point seems highly plausible, you will take away a decent profit based on your investment considering their Olympics soccer odds are fairly high.

Olympic Womens Soccer Odds

Odds to win Soccer Women’s Tournament
Great Britain+800
New Zealand+10000

Odds as of July 19 at BetOnline

Favorites to Win the Olympics Soccer Women’s Tournament

While the men’s tournament is a bit more open, the women’s tournament certainly does not seem so. There is only one clear and apparent favorite going into the Olympics.

USA (-180)

For a team to have minus money for a tournament as prestigious as the Olympics is indicative of the dominance of this USA women’s team. They are unbeaten in their last 44 matches, which suggests that it is highly unlikely for them to concede more than a few goals at the Olympics. The Americans will be looking for their fifth gold medal at the Olympics in seven editions. They have scored 64 goals at the Olympics and have won 25 matches, highest in both metrics for the women’s soccer category.

The USA squad is blessed with a plethora of stars on their national team, including but not limited to Alex Morgan and Megan Rapinoe in the final third of the soccer pitch. This will be Morgan’s third appearance at the Olympics. She was also part of the successful national campaigns in the 2015 and 2019 World Cups. She has found her fluency and goal-scoring form for the Orlando Pride after the birth of her daughter Charlie. Rapinoe also has plenty of experience on the big stage. This will be her third Olympics appearance, after also participating in the 2012 and 2016 editions. She was also the Ballon d’Or winner in 2019.

“There are little things that I want to work on, but there are also things I’ve done well to improve on even from before getting pregnant. I feel that I’m in a very good place, both personally and with the team, and I’m looking forward to getting back to a major tournament after that huge success we had in 2019. It’s also been nine years since we made it to the top of the podium in 2012, so most of this team haven’t experienced success at this tournament. That’s an extra motivation,” Alex Morgan said about the significance of a gold medal.

Grouped with: Australia, New Zealand and Sweden

Key player: Alex Morgan

Value Picks to Win the Olympics Soccer Women’s Tournament

There isn’t much that Team USA has to do to win this tournament. There is the unpredictability of single-match knockouts but they seem too strong even in those situations. Still, soccer favorites can often be toppled by unlikely opponents. Who could those be?

Netherlands (+600)

Olympics soccer odds of +600 for the second team on the oddsboard seem unfair. But that also gives bettors a huge opportunity to capitalize should the favorite have one bad day. Netherlands finished as the runner-up in the 2019 World Cup final, losing only to the Americans. That could be the case in Tokyo as well. However, Netherlands will face a tricky opponent in Sweden if events pan out as expected. Interestingly, this will be Netherlands’ first appearance at the Olympics, along with Chile and Zambia, who will also participate for the first time.

Grouped with: Brazil, Zambia and China

Great Britain (+800)

There has been some interesting insight into the conditions that the teams can expect in the Tokyo 2020 Olympics from the Great Britain players. More on that from goalkeeper Carly Telford in a bit. It’s important to note that Great Britain had to switch management ahead of the tournament with Phil Neville leaving his post as head coach to join Inter Miami. Hege Riise, who won gold at Sydney in 2000 for Norway, took charge of the women’s team four months ahead of the Games.

Preparation for the Olympics has been far from ideal for Great Britain. A friendly against Zambia was canceled earlier this month. They have only had one match to prepare for the Olympics: on July 14, a 3-0 win against New Zealand. This will be Great Britain’s second appearance at the Olympics. Back in 2012, as hosts, Great Britain won all three group matches before they were beaten by eventual bronze medalist Canada in the quarterfinals.

“In terms of fitness and the acclimatization, going into tents, in greenhouses that had watt bikes and heaters in. We were in there for an hour and a half, pedaling on a bike, five times a week the first week, three times the second week and then twice the third week, sweating it out in humidity and 45- to 50-degree heat. We didn’t look tired. The humidity was huge, it was a very warm day, but I think we’ve been fully prepared,” Telford said.

Grouped with: Canada, Chile and Japan

Betting Strategy for the Olympics Soccer Women’s Tournament

The Americans will continue their astounding dominance in women’s soccer at the Olympics. They have already shown that in the previous World Cups. Sportsbooks don’t expect anything different, which is why their Olympics soccer odds are just -180, which indicates an implied probability of 64.29 percent. Sure, anything can happen in sport. That is not implausible, particularly in knockout matches at a massive global tournament.

However, if you are betting on just one team, there should be no team other than the USA on your betting slip. Netherlands might make the final again but even with the unpredictability of knockouts, the USA just seems too strong across the phases, particularly with Alex Morgan back in form. Hedging is a strong temptation in outright betting but there is a fairly compelling case to refrain from that in this particular category.

We shall soon return as this tournament progresses to update you with the new Olympics soccer odds as the games kick into high gear. Stay tuned for our updates.