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The 2024 Paris Olympics is fast approaching, and countless basketball fans around the world, including those in Singapore, are now looking to bet on the team they’ll support in the men’s basketball tournament. Twelve teams from various regions will battle it out from July 27 to August 10 for a chance to win a medal for their country.
Despite the dominance of one team in the previous editions of the men’s basketball event in the Summer Games, many expect the upcoming competition to be the most competitive one. So, if you are looking to bet on the possible winner of the men’s basketball tournament, here are the teams that you can place wagers on for a higher chance of winning.
Team USA: Redeem Team 2.0
There is no doubt that Team USA has been the kings of Olympic men’s basketball for a long time. They have won the gold medal 16 times (out of 19 appearances) and are currently four-time reigning champions, dating back to the 2008 Beijing Olympics, where they beat Spain in the Finals, 118-107.
However, the team’s lacklustre and forgettable performance during the past two editions of the FIBA World Cup has led to many questioning whether the team can bounce back and take their fifth-straight gold medal in the event. They finished 7th out of 32 teams in the 2019 World Cup and fourth in the recent tournament held in Indonesia, Japan, and the Philippines.
Enter the Redeem Team 2.0, a team built to remind everyone why the USA is on top of men’s basketball. With the commitment from Lebron James (coming back for the Olympics team after 12 years), Kevin Durant (who will play in his 4th-straight Olympics), and Steph Curry (first time playing in the Olympics), there’s no doubt that the Americans are the favourite to win the event.
They are currently the heavy pick to win it all with 1.12 Singapore odds and will see action in Group C against Serbia, Puerto Rico, and South Sudan.
France: The Golden Era
There’s no greater time to be a French basketball fan than today when France is starting to build a team that could compete with the best of them all. The buzz of basketball in the country has significantly improved in recent years, especially with 20-year-old Victor Wembenyama getting drafted first overall in last year’s NBA Draft.
In the recent 2024 draft, three Frenchmen were drafted in the top six (Zaccharie Richaser is first overall, followed by Alex Sarr at second and Tidjane Salaün at sixth), a testament to the growing level of French athletes in the sport.
This year’s Olympic team has a great mix of veterans and rising stars carrying the French flag, with the likes of Nicolas Batum, Rudy Gobert, Evan Fournier, and Bilal Coulibaly joining Wemby for the campaign. They have 13.00 odds of winning the gold medal on home turf and will begin their journey in Group B against Germany, Japan, and Brazil.
Serbia: Joker and Co. on the Rise
Despite missing Nikola Jokic in last year’s FIBA World Cup, the team managed to reach the Finals and bag their second silver medal in the tournament (not including the medals won by Yugoslavia). With the three-time NBA MVP back with the team and Bogdan Bogdanovic once again leading the group, it will not be a surprise if the Serbians once again make a noise in the upcoming competition.
The team has been on a roll since last year, only losing thrice in 16 games, which include friendlies, the 2023 World Cup, and EuroBasket qualifiers. They have 16.00 SG Pools odds for the upcoming tournament and are expected to finish in the top two of Group C with the USA.
Germany: The World Champions
One team you need to look out for in the upcoming men’s basketball event of the 2024 Paris? Deutschland. The reigning FIBA World Champions took the globe by storm last year after winning their first gold medal in a World Cup or Olympic tournament, beating powerhouse teams Australia, Japan, Finland, Latvia, USA, and Serbia.
With the world’s attention now on Germany, Die Mannschaft (The Team) is all ready to ride their momentum in the tournament. Nobody expected the team to go all the way last year, but their surprising win is enough proof that they can mirror their performance and get their first-ever medal (may it be gold, silver, or bronze) in the 2024 Olympics.
The team has been largely unchanged for the past few years, allowing for optimal continuity of probably the best team in Germany’s men’s basketball history. Maintaining the core of Dennis Schroder, the Wagner brothers, and Daniel Theis is crucial for the World Champs, who have 26.00 basketball odds of winning it all.
Canada: The Steady Climb
After missing out on the previous five editions of the Summer Olympic Games, the Canadians are back on the most prestigious stage of them all to try and match or exceed their best finish in the tournament: a silver medal in the 1936 Olympics. The team has been on a steady rise in recent years, finishing fourth in the 2022 FIBA AmeriCup and bronze in last year’s World Cup.
The presence of MVP candidate Shai Gilgeous-Alexander, along with other NBA-calibre players like Dillon Brooks, RJ Barrett, Jamal Murray, and Dwight Powell, is an indicator that Canada will parade their best team in the upcoming tournament.
Coming out of the group of death (Group A) that features Australia, Greece, and Spain will already be an achievement for the Canadians. However, with the quality of their 2024 roster, there is no doubt that the team will look to achieve bigger things and make a mark on their Olympic return, and they have 11.00 odds of doing so.
Conclusion
It’s easy to say that betting for Team USA is a no-brainer for the upcoming tournament. However, the rest of the world is starting to catch up with the Americans, and there is a possibility that other teams can surprise everyone and dethrone USA from being the best in the world. The USA might be the heavy favourites, but betting for France, Serbia, Germany, Canada, or other sleeper picks like Greece and Spain should also be considered.
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Sources:
- https://www.fiba.basketball/en/events/mens-olympic-basketball-tournament-paris-2024
- https://www.sbnation.com/nba/2024/7/16/24196028/men-basketball-teams-2024-paris-olympics-ranking-gold-medal-usa-canada
- https://www.sportsbookreview.com/picks/nba/mens-olympic-basketball-odds/
- https://olympics.com/en/news/paris-2024-olympic-games-basketball-draw-results-men
- https://www.cbssports.com/nba/news/2024-paris-olympics-mens-basketball-power-rankings-team-usa-in-own-class-but-who-is-biggest-competition/
