London 2012: Olympic medal betting
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Total medal betting is one of the earliest and most popular betting markets on the Olympics and gives people something to wager on all the way through the games. China have brought a smaller squad of athletes to London 2012, which is reflected in them being ranked behind the USA by bookmakers.
Despite dominating the gold medal table in 2008 China are only second favourites to land the most gold medals at London 2012. They scooped an impressive 51 at Beijing and are 4/6 with Paddy Power to finish top at 2012.
The USA are favourites to land the most gold medals this summer and they are best priced at 7/5 with Bet365 to finish London 2012 top of the medal charts.
Team GB are valued at third favourites to win the most gold medals at their home Olympics and the UK Sport funding body have placed a minimum target of 48 medal in total, one more than Beijing.
Great Britain are a massive 100/1 with Sportingbet and Bet365 to finish London 2012 with the most golds, surely that is worth a patriotic punt?
A panel of experts, compiled for Radio 5 live, predicted that Team GB could be looking at a total haul of 95 medals this summer, far surpassing the Beijing total of 47. Whilst a tad optimistic, a return of 95 would put Great Britain right in the mix with China and the US for most medals in total: USA are 1/2, China 5/2 and GB are lagging behind at 100/1 with Sportingbet.
Russia came third in the overall table in 2008 and they look like Great Britain’s closest rival. Ignoring the two former super-powers, you can bet on who will finish top of the total medal table without China and the USA with Paddy Power and Team GB are competitively priced.
Russia edge them out as favourites in this market, at 4/5 with Britain available at 8/5. The German’s might want to make amends for a poor World Cup, they are 10/1 to top this market and if you really want to roll the dice you can back South Korea (who finished seventh in 2008) at 66/1.
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