Colorado Provides A Variety Of Wagers For The 2020 Tokyo Olympics

Colorado Provides A Variety Of Wagers For The 2020 Tokyo Olympics

Olympic betting

Image: The New York Times

The long-awaited 2020 Tokyo Olympics are well underway after a year delay. The USA is already third in the medals tables, with more athletes favored to medal in the coming days. For the state of Colorado, it is set to be an exciting games for betting. Across various sportsbooks, Coloradans have been provided with some very interesting and diverse wagers. 

New To The Games

The International Olympic Committee (IOC) decided to add some new sports to the games this year. The new sports include baseball/softball, karate, skateboarding, sports climbing, and surfing. President of the IOC, Thomas Bach, said: “The five sports are an innovative combination of established and emerging, youth-focused events that are popular in Japan and will add to the legacy of the Tokyo Games.”

Different sportsbooks in the Centennial State have taken advantage of these new exciting sports by creating unique wagers for potential bettors. On DraftKings, they have a section dedicated to men’s skateboarding at the Olympics, where you can make a future bet on the men’s Olympic skateboarding champion – Heimanan Reynolds (USA) is the favorite to win. 

On BetMGM sportsbooks, they also have some new exciting bets specific to the new Olympic event Sports Climbing. This new event marks the climbers on three disciplines – bouldering, lead climbing, and speed climbing. BetMGM has released a bet for the women’s combined gold medal winner in sport climbing. The favorite to win is the Slovakian 22-year-old Janja Garnbret, who has already won multiple World Cup events. Being able to place a bet will make the new Olympic event even more exciting for Coloradoans.

Games Favorites

The athletic events have finally begun on day 7 of the Tokyo Olympics. This is one of the most popular sports, with many American track stars as favorites to medal. One rising star is the youngest athlete on the track and field team, Erriyon Knighton, at just 17 years old. He is set to run the 200m. Despite his young age, Knighton has recently set two world junior records this year in Oregon. He is the youngest American man to make the USA athletics team since the legend Jim Ryun, who was the first high-schooler to break the 4-minute mile. 

Other athletes are also favored to win a medal on the FanDuel sportsbook. FanDuel has Trayvon Bromell, Ronnie Baker, and Akani Simbine as solid contenders. Bromell is the fastest man this year, clocking an impressive 9.77 seconds in the 100m’s. 

In the women’s field events, there are many medals up for grabs for American athletes. FanDuel has a wager available for the women’s pole vault event to win a medal and for the gold medal winner. Katie Nageotte is a favorite for both. The American athlete just missed out on the Rio 2016 Olympics. However, this time round feels far more confident for the event. She said: “I’m going in with the mentality of, ‘Let’s go to win,’ and I definitely want a medal.” That wager is definitely one to keep an eye on. 

Specials and Promos

Many sportsbooks in Colorado are offering some unique Olympic specials that you might be interested in. DraftKings offers a new user bonus that consists of – if you bet $1 on a special, you can win $100 if the USA wins a medal. There is also a generous $50 free bet on deposit and up to a $1000 deposit bonus. 

BetMGM is also offering a new customer offer of a risk-free first bet up to $600. You could use this to bet on the women’s 4x100m medley relay, where the USA are the favorites to bring home the gold. 

On the Australian sportsbook, PointsBet offers Olympic Boosters on different events such as women’s soccer. Odds boosters often produce a handsome payout, so keep an eye out for what PointBets continue to release.


This is the first Olympics since the repeal of the Professional Amateur Sports Protection Act in 2018. This will be an Olympics to remember with the exciting ability to deepen our pockets while watching your favorite Olympians battle for medals. Visit our site today on BestAppBets, sign up, and claim your free bets to get you started on betting on your favorite athletes. Go USA!

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