How to Bet on the Olympics with Gold365 and Crickex

Crickex, Gold365: The Olympics is one of the most prestigious sporting events in the world, bringing together athletes from diverse sports and nations. For bettors, the Olympics offers a unique opportunity to wager on a variety of events, from popular sports like football and basketball to niche events such as javelin throw and gymnastics. If you’re using betting platforms like Gold365 and Crickex, this guide will help you get started with betting on the Olympics and give you tips to make informed, strategic bets.

In this blog, we will break down how to bet on the Olympics using Gold365 and Crickex, covering the types of bets available, key strategies, and tips for success.

1. Why Bet on the Olympics?

The Olympics stands out because of the wide range of sports and events that provide bettors with countless opportunities. From track and field to swimming, the variety ensures there’s something for everyone.

Key Benefits of Betting on the Olympics:

• Wide range of sports: With dozens of sports and hundreds of events, bettors can explore multiple markets.
• Unpredictable outcomes: The international nature of the competition adds an element of surprise, giving you a chance to capitalize on underdog bets.
• National pride: Betting on your country’s athletes or those from other nations adds to the excitement of the Olympics.

Platforms like Gold365 and Crickex make it easy to place bets across all Olympic events, ensuring that Indian bettors can enjoy a full Olympic betting experience.

2. Setting Up Your Account on Gold365 and Crickex

Before you can bet on the Olympics, you’ll need to have an account on either Gold365 or Crickex. If you don’t already have an account, here’s how you can set one up:

Step-by-Step Guide:

1. Sign Up: Visit the Gold365 or Crickex website and click on the “Sign Up” or “Register” button.
2. Create an Account: You will need to provide basic information such as your name, email, and phone number. Use your Online Cricket ID to complete registration if needed.
3. Deposit Funds: Both platforms support a variety of payment methods for Indian users, such as UPI, Paytm, and Netbanking. Choose the payment option that suits you best and deposit funds to start betting.

Once your account is set up, you’re ready to start betting on the Olympics!

3. Types of Bets Available for Olympic Events

The Olympics offers a wide array of betting markets, similar to other major sporting events. Let’s explore some of the popular betting options available on Gold365 and Crickex:

1. Moneyline Betting

• What it is: The most straightforward type of bet where you simply pick which athlete or team will win a particular event.
• Example: Betting on India to win gold in men’s hockey or on a particular swimmer to finish first in their event.

2. Over/Under (Total Points)

• What it is: Bet on whether the total points or goals scored in a game will be over or under a certain number set by the bookmaker.
• Example: If India is playing in a football match, you can bet on whether the total number of goals will be over or under 2.5 goals.

3. Outright Winner

• What it is: Betting on the overall winner of a specific event, or even on who will win the most gold medals in the Olympics.
• Example: Betting on a country like the USA or China to win the most gold medals at the end of the Olympic Games.

4. Prop Bets (Special Bets)

• What it is: These are special bets that focus on specific outcomes within a game or event.
• Example: Betting on how many medals a specific athlete will win or whether a new world record will be set in a particular event.

5. Handicap Betting

• What it is: Handicap betting gives one team or athlete a virtual advantage or disadvantage to level the playing field.
• Example: If India’s hockey team is favored to win easily, you can place a handicap bet on their opponent to give them an extra 1.5 goals.

4. How to Bet on Different Olympic Sports

Each Olympic sport requires a different strategy due to the distinct nature of the competition. Here are some tips for betting on popular Olympic sports:

1. Betting on Athletics (Track & Field)

Athletics is a major part of the Olympics, with events like sprints, long-distance races, and field events (long jump, high jump, etc.).

• Focus on Form: Athletes who have performed well in recent meets tend to carry that form into the Olympics. Look for athletes who have been consistently performing at a high level.
• Check World Rankings: The higher the athlete’s world ranking, the more likely they are to succeed. However, don’t overlook emerging stars who may offer good value at longer odds.

2. Betting on Team Sports (Football, Basketball, Hockey)

Team sports like football, basketball, and hockey are always highly anticipated at the Olympics.

• Check Team Line-ups: For team sports, it’s crucial to know the rosters and whether star players are participating. Some top players may not compete in the Olympics, affecting the team’s chances.
• Bet on Underdogs in Group Stages: In the group stages, underdogs often surprise favorites, making it an excellent time to bet on an upset.

3. Betting on Combat Sports (Boxing, Wrestling, Judo)

Combat sports can be tricky, but they also provide opportunities for profit.

• Study Fighting Styles: Fighters with strong technical skills or a history of Olympic success tend to perform well. Look at their fighting style and recent performance to get an edge.
• Bet on Early Knockouts: If you know a fighter tends to finish opponents early, betting on a win in the first round or a knockout can offer high rewards.

5. Key Strategies for Olympic Betting Success

To make successful bets during the Olympics, you’ll need to apply specific strategies to improve your chances of winning.

1. Research Athletes and Teams

Before placing any bets, research the form, history, and recent performances of the athletes and teams. Check for injuries, changes in coaching, or any other factors that might influence their performance.

2. Use In-Play Betting

Platforms like Gold365 and Crickex offer live betting, which allows you to bet on events as they unfold. This can be especially useful in sports like football or basketball, where momentum shifts quickly.

3. Diversify Your Bets

Don’t put all your money on one bet. Spread your bets across different events and markets to reduce risk. For example, you can bet on moneyline for one event and total points for another.

4. Look for Value in Lesser-Known Events

While everyone bets on high-profile events like 100m sprints or football, there’s often more value in niche sports like archery, fencing, or weightlifting, where the odds may be more favorable.

6. Managing Your Bankroll

Betting responsibly is crucial, especially during an event like the Olympics, where the sheer number of events can tempt you to overspend.

Bankroll Management Tips:

• Set a Budget: Decide how much you’re willing to spend during the Olympics and stick to it.
• Bet Small on Risky Events: For sports you’re less familiar with, place smaller bets to reduce risk.
• Track Your Bets: Keep a record of your bets to monitor your success and avoid chasing losses.

7. Take Advantage of Bonuses and Promotions

Gold365 and Crickex often offer promotions and bonuses during major sporting events like the Olympics. These can give you extra value, allowing you to place more bets without risking additional funds.

Types of Promotions:

• Welcome Bonuses: If you’re new to the platform, look for welcome bonuses that can give you additional funds to bet on Olympic events.
• Cashback Offers: Some promotions offer cashback on losses, giving you a second chance if your bet doesn’t go your way.
• Free Bets: Use free bets offered by the platform to try out riskier bets without using your own money.

8. Final Thoughts

Betting on the Olympics using Gold365 and Crickex is a thrilling way to enjoy the games, with hundreds of events and betting markets available. Whether you’re betting on high-profile events like football or niche sports like archery, having a well-thought-out strategy and doing your research is essential for success.

By following the tips outlined in this blog—such as researching athletes, using live betting, and managing your bankroll—you can maximize your chances of making profitable bets. Just remember to bet responsibly and enjoy the unique excitement that comes with the Olympic Games!