2022 Olympics Betting: Odds and Predictions on Country to Win Most Medals in Beijing

2022 Olympics Betting: Odds and Predictions on Country to Win Most Medals in Beijing

Check out our best 2022 Olympics bets for the countries that will win the most medals in Beijing.

In addition to betting on the 2022 Beijing Olympics singular sports and events, you can also wager on bigger-picture outcomes...such as total victories by country. And luckily for us, it's not too late for our 2022 Olympics betting to take stock of odds for and render predictions on the country to win the most medals in Beijing.

Now's a great time to get in on this type of wager, otherwise known as a prop bet. If you need more information on prop bets, feel free to check out our extensive look at sports betting strategies for prop wagersFor now, though, here are the updated odds on which country will win the most total medals at the 2022 Olympics in Beijing:

Pick to Win Most Total MedalsMyBookie
Norway-150
ROC (Russian Athletes)+125
Netherlands+250
United States+500
Sweden+750
China+1000
Canada+1300
Germany+2500
Austria+5000
Italy+10000
Slovenia+15000
France+15000
Japan+25000
Korea+30000
Australia+50000
Czech Republic+50000
Finland+50000
New Zealand+75000
Belarus+100000
Finlad+100000
South Korea+100000
Poland+100000

These 2022 Olympics betting odds are accurate entering events on Wednesday, February 9. And since this is the type of Olympics betting line that will shift often and significantly, you'll want to double-check them for accuracy before committing to any picks.

Also, the Olympics betting landscape can be tough to navigate. This is where our reviews of the top online sportsbooks come in. They offer invaluable insight into the best 2022 Olympics betting sites, so your experience will include as little hassle as possible.

Should Norway be the Favorite to Win Most Total Medals?

Norway (-150) entered the initial market as ultra-heavy favorites to win the most medals at the 2022 Beijing Olympics. They earned the honor at the 2018 games, winning 10 pole-position medallions than second-place Germany (+2500), and seemed as if they were poised for a dominant repeat.

And yet, their market has shifted early on at the 2022 Olympics. The ROC (+125), which is actually just Russian athletes, has exploded onto the scene and taken the early lead in the total medal count. Many are even predicting they or the United States (+500) will finish with more top-three placements than Norway.

We are not quite convinced that Norway has fallen off. For starters, they only trail the ROC by one total medal at this writing, and the Beijing Olympics have yet to reach the events in which Norway is the most talented.

Norway To win the Most Medals at 2022 Olympics
-150
MyBookie

Official Prediction for Most Total Medals Won at 2022 Olympics

Select bettors may be tempted to roll with Austria (+5000) or the Netherlands (+250) because of how high they rank on the medal board—fourth place—and how enticing their odds remain. Resist that urge.

There is currently a five-way tie for fourth place in the medal count. If you want to invest in one of these countries, we suggest the United States or Canada (+1300), both of whom were on the early radar and have yet to reach their strongest events.

With all of that said, we find it difficult to go against Norway at the moment. The ROC looms large, but with so many figure skating and skiing events left, the reigning champion in this category has the inside track on repeat. And we recommend jumping on them before their odds shoot back toward unbeatable-favorite territory.

OSB Prediction: Norway (-150)

Norway To win the Most Medals at 2022 Olympics
-150
MyBookie

Will Any Country Catch the ROC's Gold Medal Count?

Below are the latest betting odds for which country will win the most gold medals at the 2022 Olympics in Beijing. Remember, this is talking about first-place medals specifically. Silver and bronze finishes do not count towards the tally:

Pick to Win Most Total MedalsMyBookie
ROC (Russian Athletes)-250
Netherlands+500
Norway+1000
China+1000
Canada+1300
United States+2500
Sweden+2500
Germany+2500
Slovenia+50000
Austria+25000
Italy+15000
France+25000
Japan+50000
Australia+50000
Czech Republic+50000
Korea+100000
Finland+100000
New Zealand+100000
Belarus+100000
Finlad+100000
South Korea+100000
Poland+100000

Too many people make the mistake of assuming the overall medal leader is also most likely to lead the Olympics in gold medals. That's just not the case. It wasn't in 2018 when Germany (+2500) earned the honor, and we don't expect it to be this year.

There's a reason the overall leader, in Norway (+1000) isn't billed as the gold medal favorite. While they are teeming with pole-position candidates in many events, they lack athletes who are considered locks to take first place. Sure, there are some exceptions, but oddsmakers tend to favor more top-heavy collections of individual-sport athletes, such as the ROC (-250).

That doesn't mean no one can catch them just because they have the early lead. But they're ahead by multiple gold medals at this juncture. That's hard to do, and it deserves real consideration.

ROC To win the Most Gold Medals at 2022 Olympics
-150
MyBookie

Prediction for Most Gold Medals Won at 2022 Olympics

Believe it or not, we do expect the ROC to fall from their present top position. There are just too many variables impacting them, and they aren't particularly deep with talent in the remaining outdoor and non-mixed events.

Consider taking Canada (+1300) instead. They are neck and neck with the gold medal leaderboard as it stands, and they have the opportunity to win multiple first-place honors in team sports like curling and hockey when looking at the men's and women's tournaments.

OSB Prediction: Canada (+1300)

Canada To win the Most Gold Medals at 2022 Olympics
+1300
MyBookie

Take a look at this list of the top online sportsbooks so you can decide which one to use for all your 2022 Olympics betting: