The Olympic women's basketball tournament presents the world's best female basketball players. The tournament consists of a series of games played by Women's Olympic Basketball teams from different countries, starting with a round-robin stage, followed by knockout rounds leading to the final.

Powerhouses like the United States Women's Olympic Basketball Team, Australia, and Spain will face emerging teams like Belgium and Japan in captivating matchups. Join in the action by learning how to read Olympic Women's Basketball odds and the different types of bets you can place. Whether you're a seasoned bettor or a novice to sports betting, understanding these odds is imperative for informed decision-making.

How to Read Women’s Olympic Basketball Odds

Understanding the Olympic Women's Basketball odds is crucial when placing bets on Olympic women's basketball. These odds show the likelihood of an event's outcome, guiding your betting decisions. Here, we'll explain how to interpret American format odds for Women's Olympic Basketball.

American odds are expressed as positive or negative numbers. Positive odds show the potential profit from a $100 bet, while negative odds indicate the amount you need to bet to win $100. Let's clarify with an example:

Team Canada: -150

The negative sign (-) shows that Team Canada is the favorite. The number 150 means you need to bet $150 to win $100. If you wager $150 on Team Canada and they win, your profit would be $100.

Alternatively, positive odds look like this:

Team Italy: +300

The plus sign (+) indicates Team Italy is the underdog. The number 300 shows the profit from a $100 bet. So, if you bet $100 on Team Italy and they win, you would earn a $300 profit.

Remember, Olympic Women's Basketball odds can change as the tournament progresses, so always check the latest Women's Olympic Basketball odds before placing your bets.

Popular Types of Women’s Olympic Basketball Bets

Let's delve into the different types of betting odds for Olympic Women's basketball:

• Moneyline: A straightforward bet where you predict the winning Women's Olympic Basketball Team. Positive odds indicate an underdog, while negative odds denote the favorite.
• Point Spread: This bet involves wagering on the victory margin of a Women's Olympic Basketball team. The spread represents the number of points a team is predicted to win or lose by. Opt to bet on the favorite to win by more than the spread or the underdog to keep the game within the spread.
• Total (Over/Under): This bet is based on the total points scored in a game by the Women's Olympic Basketball team. You can wager on whether the actual score will be over or under the predicted total.
• Future: Futures bets are wagers placed on future events. For betting on Women's Olympic basketball, futures bets can be placed on which team will secure the gold medal.

Always Wager Responsibly

At DraftKings, we believe that life is more fun with skin in the game and we want it to stay that way. It’s important to remember that you should only bet what you can afford and always set reasonable limits for yourself. Here are some things to keep in mind when you’re gambling:

• Set a realistic budget that you can afford to gamble. Never play beyond your means.
• Set a time limit on your gambling and stick to it.
• Don’t place large bets in the hopes of winning big.
• Don’t try to make money by chasing your losses.
• Gambling should not be viewed as a pathway to financial gains or shortcut to financial success.
• Avoid gambling if you are in recovery from any dependency or are under the influence of alcohol or any other substance.

We provide our players with tools to set budgets, limits, and cool-off periods, and always give you the option to self-exclude. For more information and resources, consider visiting DraftKings’ responsible gambling help guide. If, for any reason, you feel like you need help, we strongly encourage you to contact your local responsible gaming organizations. Remember, it’s more fun when it’s for fun.