What Country Will Win The Most Gold Medals? 2016 Rio Olympics' Betting Odds Favor USA, China

The United States had more success than any country in the last Olympics, and the 2016 Rio Games are expected to produce similar results. A day before the opening ceremony, the U.S. is heavily favored to lead the gold medal count.

The U.S. has the best odds to win the most gold medals, by far, as a 2/13 betting favorite. Four years ago, the U.S. finished first with 46 gold medals and 103 medals in total. In Rio, the U.S. has been given 5/7 odds to win more than 42.5 gold medals.

China has been given the best chance to unseat the U.S. as the most dominant Olympic country with 4/1 odds. It wasn’t too long ago when China did win more gold medals than the U.S., and they did so handily when they were the host nation. China led the 2008 Beijing Olympics with 51 gold medals, holding a 15-medal advantage over the U.S.

Even when China beat the U.S. in first-place finishes eight years ago, the U.S. still led the way with 110 total medals. Four years ago, the U.S. had 103 overall medals, while China came in second with 88. In Rio, the U.S. has 1/2 odds to surpass 103 combined gold, silver and bronze medals.

The U.S. is such a heavy favorite in certain sports that it would be a monumental upset for the nation not to win gold. The men’s basketball team is a 1/16 favorite to win the gold medal, and Team USA has failed to finish in first just once since NBA players began playing at the Olympics in 1992 as part of the Dream Team. The women’s basketball team is expected to be nearly as dominant with 1/14 odds.

Michael Phelps is expected to bring home multiple gold medals, as he’s done in each of the last three Games. The most decorated Olympian in history is favored to win the 100-meter butterfly and the 200-meter individual medley, though he is a slight underdog in the 200-meter butterfly.

While China could make things interesting for the U.S. when it comes to gold medals, no other country is expected to come close. Great Britain has the third best odds at 50/1, while three other nations—Australia, Germany and Russia—all have 66/1 odds. In 2012, Great Britain finished in third place as the host nation, racking up 29 gold medals.

The 2016 host nation, Brazil, only totaled three gold medals in 2012.

Below is a look at some of the betting odds for the 2016 Rio Olympics, via Bovada.lv. Click here for the complete list of odds.

Olympics Medal Odds

Olympics 2016 - Most Gold Medals

USA 2/13

China 4/1

Great Britain 50/1

Australia 66/1

Germany 66/1

Russia 66/1

France 75/1

Japan 75/1

South Korea 80/1

USA - Total Gold Medals

Over 42.5 -140 (5/7)

Under 42.5 +110 (11/10)

USA - Total Medals

Over 103.5 -200 (1/2)

Under 103.5 +155 (31/20)

Canada - Total Gold Medals

Over 2.5 -140 (5/7)

Under 2.5 +110 (11/10)

Canada - Total Medals

Over 17.5 -125 (4/5)

Under 17.5 EVEN (1/1)

Basketball Odds

Olympics Basketball Men - Winner

USA 1/16

Spain 10/1

France 14/1

Serbia 22/1

Brazil 28/1

Lithuania 28/1

Argentina 33/1

Croatia 50/1

Australia 125/1

China 500/1

Nigeria 500/1

Venezuela 500/1

Olympics Basketball Women - Winner

USA 1/14

Australia 17/2

Spain 14/1

France 20/1

Serbia 28/1

Brazil 33/1

Canada 40/1

Turkey 50/1

Belarus 125/1

China 150/1

Japan 500/1

Senegal 750/1

Track and Field Odds

Olympics 100m Men - Winner

Usain Bolt (JAM) 1/2

Justin Gatlin (USA) 8/5

Trayvon Bromell (USA) 11/1

Yohan Blake (JAM) 12/1

Andre De Grasse (CAN) 22/1

Jimmy Vicaut (FRA) 28/1

Marvin Bracy (USA) 50/1

Nickel Ashmeade (JAM) 50/1

Jaques Harvey (JAM) 66/1

Keston Bledman (TTO) 80/1

James Ellington (GBR) 100/1

Olympics 2016 100m Women - Winner

Dafne Schippers (NED) 3/2

Elaine Thompson (JAM) 9/4

Shelly Ann Fraser-Pryce (JAM)17/4

Tori Bowie (USA) 9/2

English Gardner (USA) 11/2

Tianna Bartoletta (USA) 16/1

Murielle Ahoure (CIV) 18/1

Blessing Okagbare (NIG) 40/1

Kelly-Ann Baptiste (TTO) 125/1

Olympics 200m Men - Winner

Usain Bolt (JAM) 4/13

Justin Gatlin (USA) 3/1

LaShawn Merritt (USA) 15/2

Yohan Blake (JAM) 14/1

Andre De Grasse (CAN) 28/1

Ameer Webb (USA) 33/1

Alonso Edward (PAN) 40/1

Nickel Ashmeade (JAM) 50/1

Anaso Jobodwana (RSA) 50/1

Ramil Guliyev (AZE) 100/1

Olympics 2016 200m Women - Winner

Dafne Schippers (NED) 4/9

Elaine Thompson (JAM) 12/5

Tori Bowie (USA) 9/2

Murielle Ahoure (CIV) 33/1

Dina Asher-Smith (GBR) 33/1

Veronica Campbell-Brown (JAM) 50/1

Jenna Prandini (USA) 80/1

Rosangela Santos (BRA) 80/1

Deajah Stevens (USA) 80/1

Jodie Williams (GBR) 100/1

Ivet Lalova (BUL) 150/1

Ella Nelson (AUS) 150/1

Olympics Athletics 4x100m Relay Men - Winner

Jamaica 1/2

USA 7/5

Great Britian 22/1

Canada 28/1

France 28/1

Antigua And Barbuda 33/1

China 40/1

Germany 50/1

Trinidad and Tobago 50/1

South Africa 66/1

Bahamas 80/1

Brazil 100/1

Olympics 2016 4x100m Relay Women - Winner

Jamaica 2/3

USA 6/5

Trinidad and Tobago 14/1

Netherlands 16/1

Great Britain 22/1

Germany 40/1

Brazil 80/1

Canada 80/1

China 100/1

Italy 100/1

Poland 125/1

Olympics 2016 Decathlon Men - Winner

Ashton Eaton (USA) 1/9

Damian Warner (CAN) 17/2

Rico Freimuth (GER) 22/1

Larbi Bourrada (ALG) 40/1

Jeremy Taiwo (USA) 40/1

Kai Kazmirek (GER) 50/1

Zach Ziemek (USA) 50/1

Swimming Odds

Olympics 2016 100m Butterfly Men - Winner

Michael Phelps (USA) 1/1

Chad Le Clos (RSA) 2/1

Laszlo Cseh (HUN) 7/2

Joseph Schooling (SIN) 19/2

Tom Shields (USA) 14/1

Konrad Czerniak (POL) 33/1

Li Zhuhao (CHN) 40/1

Piero Codia (ITA) 66/1

Mehdy Metella (FRA) 66/1

Evgeny Koptelov (RUS) 80/1

Pawel Korzeniowski (POL) 80/1

Matteo Rivolta (ITA) 80/1

Alexsandr Sadovnikov (RUS) 80/1

Jeremy Stravius (FRA) 80/1

Olympics 2016 200m Individual Medley Men - Winner

Michael Phelps (USA) 4/5

Ryan Lochte (USA) 2/1

Kosuke Hagino (JPN) 3/1

Thiago Pereira (BRA) 14/1

Shun Wang (CHN) 28/1

Hiromasa Fujimori (JPN) 66/1

Henrique Rodrigues (BRA) 80/1

Federico Turrini (ITA) 80/1

Simon Sjödin (SWE) 100/1

Olympics 2016 200m Butterfly Men - Winner

Laszlo Cseh (HUN) 6/5

Michael Phelps (USA) 5/4

Chad Le Clos (RSA) 13/4

Daiya Seto (JPN) 14/1

Joseph Schooling (SIN) 18/1

Jan Świtkowski (POL) 28/1

Masato Sakai (JPN) 33/1

Tom Shields (USA) 33/1

Viktor Bregner Bromer (DEN) 40/1

Grant Irvine (AUS) 50/1

Kenderesi Tamás (HUN) 50/1

Louis Croenen (BEL) 66/1

Leonardo de Deus (BRA) 66/1

Jordan Coelho (FRA) 80/1

David Morgan (AUS) 100/1

Francesco Pavone (ITA) 100/1

Stefanos Dimitriadis (GRE) 150/1

Beach Volleyball Odds

Olympics 2016 Beach Volleyball Men - Winner

Cerutti/Oscar Schmidt (BRA) 5/2

Dalhausser/Lucena (USA) 13/4

Brouwer/Meeuwsen (NED) 11/2

Nummerdor/Varenhorst (NED) 9/1

Pedro Solberg/Evandro (BRA) 9/1

Samoilovs/Smedins (LAT) 16/1

Herrera/Gavira (ESP) 18/1

Fijalek/Prudel (POL) 22/1

Losiak/Kantor (POL) 22/1

Lupo/Nicolai (ITA) 25/1

Gibb/Patterson (USA) 28/1

Ranghieri/Carambula (ITA) 28/1

Semenov/Krasilnikov (RUS) 33/1

Böckermann/Flüggen (GER) 80/1

Olympics 2016 Beach Volleyball Women - Winner

Larissa/Talita (BRA) 2/1

Walsh Jennings/Ross (USA) 9/4

Ludwig/Walkenhorst (GER) 4/1

Agatha/Barbara (BRA) 11/2

Meppelink/Van Iersel (NED) 14/1

Pavan/Bansley (CAN) 18/1

Borger/Büthe (GER) 28/1

Menegatti/Orsi Toth (ITA) 40/1

Bawden/Clancy (AUS) 66/1

Liliana/Elsa (ESP) 80/1

Heidrich/Zumkehr (SUI) 150/1

Forrer/Vergé-Dépré (SUI) 150/1